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ZSE suffers $26,11bn decline

By ETimes The Zimbabwe Stock Exchange (ZSE) suffered a $26,11 billion decline on Wednesday. The mainstream ZSE All Share Index gained 0,21 percent to close at 168,302.32 points. The Top…

Proplastics switch functional currency to USD

…sales volumes up 14% in first 5 months By ETimes Piping products manufacturer Proplastics sales volumes for the first 5 months of 2023 rose 14% compared to the same period…

Due Diligence When Purchasing Real Estate in Zimbabwe (Continued…)

Introduction: Tying up loose ends and exploring remaining common scenarios: “…then you shall inquire diligently…”(Deuteronomy 17vs4; New King James) Welcome back. In the previous missive, it was established that due…

Due diligence when purchasing immovable property in Zimbabwe

By Tatenda Kangwende Introduction: What is at stake: “The simple believes every word, but the prudent considers well his steps.”(Proverbs 14vs15; New King James) “A prudent man foresees evil and…

ZSE down Tuesday as ZWL weakens

By ETimes The Zimbabwe Stock Exchange (ZSE) closed negative on Tuesday as the Zimbabwean dollar continued to weaken on the back of an uncertain economic climate. The Zimbabwe dollar remained…

Black market rate to show signs of stability by month end – CZI

By ETimes The Confederation of Zimbabwe Industries (CZI) expects the parallel market exchange rate to stabilise by the end of this month if the raft of measures are effectively put…

Croco bags top Eicher business growth in Africa award

By Staff Writer MULTI -franchised motor dealer, Croco Motors has been awarded the ‘Highest Business Growth’ accolade in the region at the Eicher Annual Dealer Conference in Dubai recently. This…

Padenga plans US$2 million in capex on crocodile business

By ETimes Padenga says it will spend about US$2 million on capital expenditures for the crocodile division. This comes as the group is working on crocodile pen rehabilitation, which is…

Maximum deposit protection cover increased to $1mln

By ETimes The Deposit Protection Corporation of Zimbabwe (DPC) has made an upward review of the deposit protection cover by 733.33% to $1 million in order to keep pace with…

NRZ revival hinges on US$81 million deal

By ETimes Indian Railways Infrastructure Consultancy and Engineering Company, (RITES) Limited said in a regulatory filing on Friday that it has signed a contract worth US$81 175 500 with National…