Vingirai, ZB Holdings dispute drags CBZ acquisition deal
TweetShareSharePin0 SharesBy ETimes Financial institution CBZ Holdings has issued another cautionary statement in which it says it is in discussion to takeover a complimentary business. Group chief governance officer Rumbidzayi Jakanani…
ZSE extends gains to four consecutive sessions
TweetShareSharePin0 SharesBy ETimes HARARE – The Zimbabwe Stock Exchange (ZSE) closed higher for the fourth consecutive session on gains in shares of select heavyweights. The mainstream ZSE All Share Index…
ANALYSIS| NMB Holdings Invades FinTech Space as PAT Rises to ZWL$195 billion in HY23
TweetShareSharePin0 SharesBy ETimes Financial Performance Highlights Commentary and Analysis The increasing consolidation in the banking sector raises a lot of questions for the “middle of the pack” players like NMB.…
ANALYSIS| Resurgent ZB Financial Group Posts ZWL$678 billion PAT in HY23
TweetShareSharePin0 SharesBy ETimes Financial Performance Highlights ZSE listed financial services group ZB Financial Holdings (ZBFH.zw) reported a ZWL$678.5 billion profit for its half-year ended 30 June 2023, representing a 2179%…
Stocks in 2-day rally as Govt affirms tight policy stance post-election
TweetShareSharePin0 SharesBy ETimes The Zimbabwe Stock Exchange gained for the second consecutive session as market capitalisation increased by $208,77 billion to close at $10.02 trillion from $9.81 trillion posted on…
ANALYSIS| Acquisition Nears Completion as FBC Holdings PAT hits ZWL$366 bln in HY23
TweetShareSharePin0 SharesBy ETimes Financial Performance Highlights Commentary and Analysis Once again, it is becoming increasingly difficult to make anything of ZWL denominated financial statements. The most noticeable thing here is…
ZSE reverses losses, investors gain $111,03 billion
TweetShareSharePin0 SharesBy ETimes HARARE – CBZ Holdings shares closed flat on Tuesday after the company announced that it will take a large ownership position in First Mutual Holdings Limited after…
Zim’s platinum output up 2% in Q2 to record high
TweetShareSharePin0 SharesBy ETimes HARARE – Zimbabwe’s platinum production rose 2% in the second quarter of 2023 to a record 126 000 ounces, the World Platinum Investment Council (WPIC) latest report…
OK Zimbabwe shares fall on delayed full-year results
TweetShareSharePin0 SharesBy ETimes HARARE – Retail giant OK Zimbabwe shares dropped on Monday after it reported that its full-year results will be delayed. Its share price depreciated by 7.75% to…
USD loan to remain high, further intensifying dollarisation trend – IH
TweetShareSharePin0 SharesBy ETimes HARARE – The demand for comparably more affordable US dollar loans will remain high, eventually accelerating the present dollarisation trend, IH Securities has warned. The southern African…