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Zim poised to record softer growth for reminder of year

By ETimes A research firm has become less optimistic about Zimbabwe’s growth outlook owing to an increasingly dollarising economy. The country has been fast dollarizing, with statistics from the Zimbabwe…

REITs Association of Zimbabwe launched as stocks continue downward spiral

By ETimes The Zimbabwe Stock Exchange (ZSE) fell 2.95% on Thursday, continuing its long, rough stretch. In other market developments, the ZSE and other capital market participants have come together…

Stock market maintains negative form, loses $230.33 billion

By ETimes The Zimbabwe Stock Exchange (ZSE) regressed even further into the red zone at the close of the trading session as investors lost $230.33 billion. Today’s performance comes as…

Blended CPI sparks self-feeding inflationary impacts – Report

By ETimes A local research firm says it would have been better to issue a Consumer Price Index that just included Zimbabwean dollar and US dollar inflation in order to…

Huge crowd for Croco Ford ‘Show and Tell Event’

By Staff Writer Croco Ford Zimbabwe attracted huge traffic to its Ford ‘Show and Tell’ event over the weekend in a bid to market the latest Next Gen Ford Ranger…

Cattle slaughters up 7,5pc amid improved herds

By ETimes In its 2023 first quarter report, the Reserve Bank of Zimbabwe (RBZ) noted that cumulative slaughters for the quarter were 87 352 head, an increase of 7,51 percent…

Money Supply growth in Q1 unsustainable

By ETimes Zimbabwe’s broad money supply has grown from just under $2,3 trillion as of December 2022 to more than $3,2 trillion as of March 2023 according to the Reserve…

Infrastructure development to anchor ZHL going forward

By ETimes Zimre Holdings Limited (ZHL) reported that going forward the group will begin a new financial concentration on landmark and infrastructure development with a focus on sustainability. Chairman Desmond…

Caledonia trades flat amid 13.3% dip in HY23 gold output at Blanket

By ETimes Caledonia Mining Corporation Plc share price remained flat on the week’s opening amid the mining giant’s announcement that production was below expectations in May and the first half…

CBZ profit up 959.5% in Q1, to explore AI in serving customers

By ETimes CBZ Holdings, the biggest bank in Zimbabwe, today released its financial results for the three-month period ending 31 March 2023, with a historical net profit of $50.18 billion,…