TSL revenue up 106% in Q1, expects increased levels of borrowings
TweetShareSharePin0 SharesBy ETimes TSL’s inflation-adjusted revenue for the first quarter ended 31 January 2023 rose 106% from the comparative quarter on volume growth. The positive performance came in a period…
ZSE market cap crosses $3 trillion mark
TweetShareSharePin0 SharesBy ETimes The Zimbabwe Stock Exchange (ZSE) on Monday opened trading on a positive note, with the market capitalisation crossing $3 trillion. At close, the ZSE All Share Index…
Masiyiwa’s ADC inks 20-year solar energy deal with DPA
TweetShareSharePin0 SharesBy ETimes Africa Data Centers (ADC), which is owned by Zimbabwean billionaire Strive Masiyiwa, recently signed a 20-year Power Purchase Agreement with Distributed Power Africa (DPA) to supply its…
PPC volumes suffer, anticipates to shrink further
TweetShareSharePin0 SharesBy ETimes Zimbabwe Stock Exchange dual listed regional cement manufacturer PPC has said its Zimbabwe operations have been affected by loadshedding which has seen the country experience between 16-18…
ZSE closes in on $3 trillion market cap
TweetShareSharePin0 SharesBy ETimes The Zimbabwe Stock Exchange (ZSE) ended trading on a positive note Friday, as market capitalisation gained $83,59 billion, or 2.91% to close at $2.95 trillion, up from…
ZB Holdings retains Mash Holdings major shareholding
TweetShareSharePin0 SharesBy ETimes ZB Financial Holdings (ZBFH) says it now holds a control block of the shares in Mashonaland Holdings and the shareholder spread remains in compliance with ZSE listing…
SMALL scale miners seeks audience with President on export ban
TweetShareSharePin0 SharesBy Staff Writer SMALL scale miners, bit hard by the new base metals export blanket ban announced recently, are seeking a six-month moratorium to fulfill existing supply arrangements with…
ZSE sustains bullish trend, gains $74.71bn
TweetShareSharePin0 SharesBy ETimes It was another positive day for the Zimbabwe Stock Exchange on Thursday as it closed higher by 2.87% on select heavyweight gains. The performance comes as the…
NSSA board failed to follow due process on doctors’ retention allowances
TweetShareSharePin0 SharesBy ETimes The National Social Security Authority (NSSA) board did not follow proper procedures in granting its medical doctors a retention allowance. Boardroom fights have been playing out at…
Axia gross margin up 36pc in HY23
TweetShareSharePin0 SharesBy ETimes Victoria Falls Stock Exchange (VFEX) listed diversified goods retailer Axia saw its gross margin grow by 36% as a result of growth in revenues in the half…