Turnall minority shareholders to bail out
TweetShareSharePin0 SharesBy ETimes Listed consumer discretionary firm Turnall Holdings has dramatically withdrawn its cautionary statement in which it said it was seeking a rights offer in order to finance recapitalization.…
Is gold-backed digital token panacea to macroeconomic vagaries?
TweetShareSharePin0 SharesBy ETimes The highly anticipated gold-backed digital token has hit the market despite some mixed feelings from the market on whether it will survive its purpose. A gold-backed digital…
ZSE market cap breaches $5 trillion mark
TweetShareSharePin0 SharesBy ETimes The Stock Market edged higher on Tuesday after a 9.80% improvement in the mainstream index as the economy is moving towards full dollarization. This comes as the…
Old Mutual Zim attacks fintech space
TweetShareSharePin0 SharesBy ETimes Listed financial services firm Old Mutual Zimbabwe has entered the financial technology (Fintech) space with the launch of its own subsidiary. Old Mutual Digital Services (Private) Limited…
Palestine Embassy in Zim strongly condemns Israel’s latest strikes on Gaza
TweetShareSharePin0 SharesBy ETimes The Embassy of the State of Palestine in Harare has condemned the killing of at least 13 Palestinians by the Israeli apartheid state in besieged Gaza. This…
Gold backed digital tokens to deliver a liquid inflation hedging asset: analysts
TweetShareSharePin0 Shares…as stock market begins week positive By ETimes Equities trading at the Zimbabwe Stock Exchange (ZSE) opened the week on a positive note, extending gains from the previous session…
Dairibord makes renewed push to enter new export markets
TweetShareSharePin0 SharesBy ETimes Dairibord, the country’s largest milk processor, expressed concern over the duration of the borrowings, where many financial institutions lend money on short terms at high interest rates,…
ZSE market cap crosses $4trn
TweetShareSharePin0 SharesBy ETimes Amid the exchange rate volatility, the Zimbabwe Stock Exchange (ZSE) on Friday crossed the $4 trillion mark in terms of market capitalisation, setting a new record as…
Of energy poverty in Zimbabwe
TweetShareSharePin0 SharesBy ETimes Zimbabwe has been facing a severe electricity crisis for several years. The country’s power generation capacity is insufficient to meet the demand, resulting in frequent power cuts…
Big caps lift ZSE as First Capital Bank get nod to list on VFEX
TweetShareSharePin0 SharesBy ETimes Big caps lift ZSE as First Capital Bank get nod to list on VFEX The local bourse closed Thursday in the green lifted by gains in select…