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Elephant Hills Resort and Conference Centre refurb to commence soon: Afsun

TweetShareSharePin0 SharesBy ETimes African Sun, one of the country’s leading hospitality companies, has announced that it will be shifting its focus to the second phase of refurbishing the iconic Hwange…

NMB shares rose 3.71% after appointing Pearson Gowero as chair

TweetShareSharePin0 SharesBy ETimes NMB share price surged over 3% on Friday’s session following the appointment of Pearson Gowero, a seasoned business leader, as chairman of the bank. He is taking…

Unifreight says cross border strategy ‘is proving to be an effective model’

TweetShareSharePin0 SharesBy ETimes Listed logistics firm Unifreight Africa recorded earnings before interest, taxes, depreciation and amortisation profit of $3,4 billion in the third quarter of 2023, a remarkable year-over-year reversal…

ZSE sustains gain for second consecutive days

TweetShareSharePin0 SharesBy ETimes The Zimbabwe Stock Exchange gained for the second consecutive session as market capitalisation increased by $78.58 billion to close at $14.02 trillion from $13.94 trillion on Wednesday.…

CBZ Holdings reports 696.1% YoY profit surge in 9 months

TweetShareSharePin0 SharesBy ETimes The net profit for the first nine months of 2023 at CBZ Holdings was $636.64 billion, up 696.1% from $79.97 billion in the comparative period, according to…

SME Banking: The Next Frontier?

TweetShareSharePin0 SharesBy Yona Menon Banda The increasing speed and scale of change affecting the world has underlined the adage that change is the only true constant. Everyday, emerging technologies and…

Dairibord share price drops despite strong Q3 sales growth

TweetShareSharePin0 SharesBy ETimes HARARE – Dairibord shares slipped 0,17 percent on Wednesday, notwithstanding sales growth reported by the company in its nine-month and third quarter ending 30 September 2023 which…

Equities drop further by 0.29%

TweetShareSharePin0 SharesBy ETimes HARARE – At the close of trading on Tuesday, the Zimbabwe Stock Exchange depreciated further by 0.29% as investors chose to take profit. Consequently, the ZSE All-Share…

Caledonia hit by disappointment over Bilboes oxide mine operating losses

TweetShareSharePin0 SharesBy ETimes HARARE – Gold producer Caledonia Mining says the Bilboes oxide operation has been a letdown and has been placed back into care and maintenance owing to operating…

ANALYSIS| Storms Gather as Starafricacorp Slumps to ZWL$1.7 bln loss in FY23

TweetShareSharePin0 SharesBy ETimes Financial Performance Highlights Advertisement Commentary and Analysis Evidently, the volatile operating environment weighed heavily on the group as profit margins declined sharply. The other concern is the…