ZSE wobbles, SeedCo Limited chickens out from VFEX listings rush
TweetShareSharePin0 SharesBy ETimes It was not cheery news on the trading floor of the Zimbabwe Stock Exchange (ZSE), as activities on the stock market took a negative turn on Thursday.…
CFI fertilizer sales tumble as supply, real price increases constraints linger
TweetShareSharePin0 Shares…but revenue up 9.9% in Q1 By ETimes CFI Holdings’ inflation adjusted revenues for the quarter ending 31 December 2022 surged by 9.9% over the prior year period despite…
CAFCA first quarter export volumes decline
TweetShareSharePin0 SharesBy ETimes CAFCA, the only cable manufacturer in Zimbabwe, says its export volumes declined by 34 tonnes in the first quarter ended 31 December 2022 but it remains optimistic…
ZSE resumes after National Youth Day break with $15.6bn loss
TweetShareSharePin0 SharesBy ETimes The Zimbabwe Stock Exchange (ZSE) resumed trading on Wednesday after the National Youth Day holiday with a loss of $15.6 billion on its market capitalisation due to…
OMU headline earnings weighed down by Zimbabwe business
TweetShareSharePin0 SharesBy ETimes Old Mutual Limited (OMU) says it will continue to exclude the results of its Zimbabwean business from adjusted headline earnings owing to the persistent effects of hyperinflation…
Goldstar Sugars resumes operations after 6 day closure
TweetShareSharePin0 SharesBy ETimes Goldstar Sugars (GSS) has resumed operations at its Harare Refinery after being temporarily closed for six days over a raw sugar price dispute with a supplier in…
ZSE reverses losses, investors gain $76.87bn
TweetShareSharePin0 SharesBy ETimes Zimbabwe’s equity investors gained about $76.87 billion as the market opened the new week in green, signifying the reversal of a five-day losing streak. The mainstream ZSE…
BNC to ramp up ore volumes after subdued third quarter performance
TweetShareSharePin0 SharesBy ETimes Bindura Nickel Corporation (BNC) says it is focusing on increasing nickel production after reporting disappointing results for the third quarter and nine months ended December 31, 2022…
ART to cut energy demands, costs and consumption by 5%
TweetShareSharePin0 SharesBy ETimes Listed manufacturing group Amalgamated Regional Trading (ART) expects to reduce overall energy needs, expenses, and consumption by 5% per year. This comes as the availability of energy…
‘Currency volatility stifles consumer spending’
TweetShareSharePin0 SharesBy ETimes Starafrica Corporation says the company will continue to tighten its cost mitigation strategies so as to improve productivity and operating profitability across its business units. The Zimbabwe Stock…