GB third quarter turnover rises to US$3.539mln on higher volumes
TweetShareSharePin0 SharesBy ETimes General Beltings has posted a turnover of US$3.539 million, in the third quarter ended September 2022, a 9% jump compared to US$3.237 million posted in the same…
OPINION| The Economy Under the Mnangagwa Administration
TweetShareSharePin0 SharesBy Newton Mambande Since Robert Mugabe’s presidency, the economy and financial markets have experienced long periods of unstable growth, leaving the Emmerson Dambudzo Mnangagwa administration with a mess economy.…
ZSE creep back to positive territory as mid-caps rally
TweetShareSharePin0 Shares…as ZWL marginally slides against USD On Tuesday, equities trading at the Zimbabwe Stock Exchange ended bullish to halt one day’s negative outing. The All Share Index therefore inched…
Unki Mine lifts Zim’s third quarter platinum output to 118koz
TweetShareSharePin0 SharesBy ETimes Zimbabwe’s platinum output rose 2% to 118 000 ounces in the third quarter ended 30 September 2022 from 116 000 ounces in the comparative period, the latest…
ANALYSIS| Exchange Losses Drag Econet Wireless to ZWL$5.78bln HY1 After Tax Loss
TweetShareSharePin0 SharesBy Yona Banda Financial Performance Highlights Listed telecommunications group Econet Wireless reported an after tax loss of ZWL$5.8 billion for its half-year ended 31 August 2022. The performance was…
ZSE opens the week in red
TweetShareSharePin0 SharesBy ETimes The Zimbabwe Stock Exchange opened the new trading week slightly lower as investors profited from recent gains. However, market breadth closed positive as 10 gainers were reported…
Price pressures will ease back in 2023 in all African states except Zim: EIU
TweetShareSharePin0 SharesBy ETimes The Zimbabwean dollar will be among the weakest currencies in the world next year, a new report shows. Since May, the southern African nation has instituted a…
Equities reverse losses, investors gain $4.6bn
TweetShareSharePin0 SharesBy ETimes The Zimbabwe Stock Exchange reversed a negative trend of eleven day losses with a $4.6 billion gain on Friday amid impact of fiscal challenges. Accordingly, the ZSE…
African Sun YTD occupancies rose to 45%, cautiously optimistic about outlook
TweetShareSharePin0 SharesBy ETimes African Sun, which operates a chain of luxury hotels and lodges across the country, said occupancy levels for the nine months ended 30 September 2022 rose to…
Weak Revenue Growth As EcoCash Holdings Incurs ZWL$491mln Half-Year After Tax Loss
TweetShareSharePin0 SharesBy Yona Banda Financial Performance Highlights Listed fintech group EcoCash Holdings announced a ZWL$2.6 billion after tax loss for its half-year ended 31 August 2022, down 81% from the…