TSL revenue up 106% in Q1, expects increased levels of borrowings
By 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 that…
ZSE market cap crosses $3 trillion mark
By 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 rose…
Masiyiwa’s ADC inks 20-year solar energy deal with DPA
By 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 facilities…
PPC volumes suffer, anticipates to shrink further
By 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 hours…
ZSE closes in on $3 trillion market cap
By 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 $2.86…
ZB Holdings retains Mash Holdings major shareholding
By 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 rules,…
SMALL scale miners seeks audience with President on export ban
By 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 international…
ZSE sustains bullish trend, gains $74.71bn
By 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 use…
NSSA board failed to follow due process on doctors’ retention allowances
By 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 the…
Axia gross margin up 36pc in HY23
By 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 year…