Banks not to issue or loan ZiG
TweetShareSharePin0 SharesBy ETimes The Reserve Bank of Zimbabwe (RBZ) has said the Gold-Backed Digital Tokens (GBDT) will be used for transactional purposes in order to ease payments. RBZ Governor John…
NTS chair gives positive outlook on tyre demand
TweetShareSharePin0 SharesBy ETimes National Tyre Services (NTS) says it will continue to prioritise cost control and better market outreach initiatives in order to boost the inventory turnover ratio and improve…
Equities fall for second straight day
TweetShareSharePin0 SharesBy ETimes The Zimbabwe Stock Exchange (ZSE) depreciated for the second consecutive day on Tuesday as the mainstream index dipped by 0.24%. The ZSE All Share Index lost 288.62…
Strive Masiyiwa, Zimbabwe’s richest man, sees wealth skyrocket by US$600 million in 2023
TweetShareSharePin0 SharesBy ETimes While some African billionaires have faced substantial declines in their fortunes this year, Zimbabwe’s richest man Strive Masiyiwa stands out as one of the few enjoying remarkable…
ZSE opens week with losses, sheds $156.09 billion
TweetShareSharePin0 SharesBy ETimes The Zimbabwe Stock Exchange opened the week with a reversal of the four-day winning streak as the market capitalisation closed $156.09 billion weaker. Accordingly, the mainstream ZSE…
Six month remittance up 15%
TweetShareSharePin0 SharesBy ETimes Diaspora remittances to Zimbabwe reached over US$900 million in the first six months of this year, translating to a 15 percent increase from last year’s figure. Diaspora…
Powertel to invade unconnected areas
TweetShareSharePin0 SharesBy ETimes Powertel Communications, a subsidiary of ZESA Holdings, aims to connect mining companies to the Internet of Things (loT) technology as it seeks to increase business efficiency and…
OPINION: Peace and Security in Zimbabwe
TweetShareSharePin0 SharesBy Newton Mambande “I am against war; I am against everything”. Charles Dambudzo Marechera (1952–87) It was almost 36 years ago when Dambudzo Marechera died in August 1987. He…
Expectations for the Mid-Term Budget Update
TweetShareSharePin0 SharesBy ETimes The Ministry of Finance and Economic Development is expected to provide its mid-term fiscal budget update soon. These are the key expectations for the upcoming presentation: 1.…
ANALYSIS| CBZ Holdings Deposits Edge To ZWL$1 trillion in Q1 2023
TweetShareSharePin0 SharesBy ETimes Highlights Our Thoughts The group marginally increased its share of the total banking sector deposits to 34%. With its acquisition of ZB Holdings, the group’s position in…