ANALYSIS| Localized Production, Rising Volumes Drive Afdis to ZWL$585mn H1 Profit
TweetShareSharePin0 SharesBy Yona Banda Financial Performance Highlights Listed spirits manufacturer African Distillers (Afdis) Limited saw its inflation adjusted half-year profits rise by 234% to ZWL$584.5 million. The group’s gross profit…
Can Agriculture Insurance Improve Food Security – And Why Does It Matters?
TweetShareSharePin0 SharesBy Newton Mambande With almost 70 percent of Zimbabwe’s population living in rural areas, most of them heavily depend on agriculture. Agriculture is their main source of income and the…
Successful Women in Finance round table attracts top female execs
TweetShareSharePin0 SharesTop female executives strongly deliberated on efforts to increase women and women-led businesses and start-ups’ access to finance at the successful Women’s Network and Women in Leadership Roundtable held…
Losses cap tough trading week on ZSE
TweetShareSharePin0 SharesBy ETimes The stock market has now fallen for seven straight days as investors dump equities despite a spate of impressive earnings and dividend announcements from listed companies. As…
Milk output up 16% in first 10 months
TweetShareSharePin0 SharesBy ETimes Zimbabwe’s raw milk production in the first 10 months to October increased 16% to 74.99 million liters from 64.80 million liters recorded in the same period last…
FCB expects downside risk on credit performance amid tight monetary regime
TweetShareSharePin0 SharesBy ETimes First Capital Bank Zimbabwe says the liquidity crisis and high interest rates may pose a risk to credit performance. In September 2022, the Reserve Bank of Zimbabwe decided…
Old Mutual-backed Innovation Hub upskills tech start-ups
TweetShareSharePin0 SharesStaff Writer THE Eight2Five Innovation Hub, together with Old Mutual Zimbabwe (OMZ), has commenced its cloud computing upskilling programme for local technology and information communication technology (ICT) entrepreneurs and…
ZSE extends losing streak to six days
TweetShareSharePin0 SharesBy ETimes The Zimbabwe Stock Exchange fell further on Thursday, extending its losing streak to six consecutive trading sessions. At close, the mainstream ZSE All Share Index shed 1.41%…
High-cost structure to weigh down mining sector profitability prospects: Report
TweetShareSharePin0 SharesBy ETimes Players in the mining sector are losing up to 20% of their production potential owing to power shortages, latest data shows. Currently, the mining sector makes up…
Caledonia in another fruitful quarter despite inflation
TweetShareSharePin0 SharesBy ETimes Caledonia Mining’s revenues rose by 21 percent in the latest quarter as production from its Blanket gold mine hit another new record. The Zimbabwe-focused miner says production this…