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Illicit Financial Flows Deplete Zimbabwe’s Wealth: Veritas

TweetShareSharePin0 SharesBy ETimes Zimbabwe’s economy is being hindered by illicit financial flows, which also encourage corruption and benefit members of the elite at the expense of the general populace, a…

ZSE sustains bullish trend, gains $33.65bn

TweetShareSharePin0 SharesBy ETimes It was yet another bullish session on the floor of the Zimbabwe Stock Exchange (ZSE) on Friday as the uptrend continued to the delight of investors. At…

ANALYSIS| SeedCo Gears Up for Agricultural Season as Profits Rebound to ZWL$2.6bln

TweetShareSharePin0 SharesBy ETimes Financial Performance Highlights Commentary and Analysis It’s a set of financial statements that raises some concern. The exchange gains on the USD valued receivables tied to seed…

Powerspeed shareholder equity up 14.7% in FY2022

TweetShareSharePin0 SharesBy ETimes In a year of good fortunes, the recently delisted Powerspeed saw its shareholder equity close the full year 2022 ending September 30, 2022 at $8.2 billion. Dr…

Multiple shocks will continue to weigh on Zim’s growth prospects: IMF Staff

TweetShareSharePin0 Shares…ZSE closes on positive note, up 0.94% By ETimes  The upward trajectory witnessed on the local bourse continued on Thursday with a further 0.94% growth. Today’s performance comes as…

Demand for USD loans likely to remain high – IH

TweetShareSharePin0 SharesBy ETimes ADVISORY firm IH Securities says the Reserve Bank of Zimbabwe’s repricing of interest rates on current loans will push banks to generate significantly more interest income in…

ANALYSIS| Tanganda Tea Company Targets Value-Addition as FY22 Revenues Hit ZWL$12.2bln

TweetShareSharePin0 SharesBy ETimes *Note: The Company changed its financial year-end in the year 2021 from March to September to align with its agricultural season. Consequently, the financial figures presented are…

ZSE marginal gains led by VFEX bound stocks

TweetShareSharePin0 SharesBy ETimes The marginal gains seen on the Zimbabwe Stock Exchange (ZSE) in midweek trades were driven by stocks that are trading under a cautionary and looking to list…

Where are the new Air Zimbabwe planes?

TweetShareSharePin0 Shares…they are important to the economy By ETimes Treasury set aside a budget to purchase new planes for the national carrier, Air Zimbabwe in their 2022 Budget Presentation in…

OPINION: Ways in which retail investors can grab a slice of private equity cake

TweetShareSharePin0 SharesBy ETimes It is possible that Zimbabwe’s public market, the ZSE is in a secular downward trend, read few to zero new listings and more de-listings to come. Initial Public…