Bears take charge as ZSE close in red
TweetShareSharePin0 SharesBy ETimes The Zimbabwe Stock Exchange closed negative amidst thin buying interest as concerns over fundamentals, such as measures to deal with a slowing economy, are still haunting the…
Dairibord targets low-cost collaborations in export markets
TweetShareSharePin0 SharesBy ETimes Dairibord, the country’s largest milk processor, says for now it is looking for inexpensive cooperation in the four regional markets that it is exploring before establishing its…
ZSE close midweek in red
TweetShareSharePin0 SharesBy ETimes The Zimbabwe Stock Exchange finished lower Wednesday, while the dollar built solid gains against the greenback on the official exchange rate. Today’s performance comes as hardening expenses…
Current FX exchange stability remains fragile – Report
TweetShareSharePin0 SharesBy ETimes The exchange rate stabilisation currently being witnessed in the country is only temporary, as there is still an unacceptably big premium between the official and alternative markets,…
Border Timbers receives offer for controlling stake in the company
TweetShareSharePin0 SharesBy ETimes Border Timbers said on Monday it had received an offer from Cicada Plantations Zimbabwe (CPZ), which seeks to acquire 100% of its issued share capital and a…
FBC Securities says cautious sentiment will prevail among stock investors
TweetShareSharePin0 Shares…as ZSE starts the week negative The Zimbabwe Stock Exchange ended Monday’s trading session in negative territory. Today’s performance comes as the mainstream ZSE ALL Share Index, which tracks…
Manufacturing industry capacity utilisation could fall below 70% – Report
TweetShareSharePin0 SharesBy ETimes Capacity utilisation in Zimbabwe’s manufacturing sector could fall below the projected 70% this year owing to economic headwinds, a recent report shows. Capacity utilisation measures the level…
In 2022 Dairibord spent $1.8 billion on capital investments
TweetShareSharePin0 SharesBy ETimes Listed diversified consumer staples company, Dairibord Zimbabwe is anchoring on its recently commissioned plants to boost volumes for some of its product lines in the full year…
Caledonia optimistic about results from extension drilling
TweetShareSharePin0 SharesBy ETimes Current underground drilling at the Blanket Mine in Zimbabwe, according to Caledonia Mining Corporation, showed that the Eroica target ore body continued at depth with greater widths…
DPC appoints Hopewell Zinyau as new CEO
TweetShareSharePin0 SharesBy ETimes The Deposit Protection Corporation of Zimbabwe (DPC) has appointed Hopewell Zinyau as its new chief executive officer, effective at the beginning of this month. Zinyau, a former…