Forty percent of Dairibord’s half-year sales volume sold in forex
TweetShareSharePin0 Shares…FX obligations adequately covered By ETimes Dairibord, the country’s largest milk processor, says the majority of its liabilities were fully covered in the first six months of 2022. Local…
VFEX Direct poised to attract retail investors
TweetShareSharePin0 SharesBy Albert Nangara The VFEX has achieved significant milestones in line with the thrust of ensuring capital markets play their role in capital raising and economic revival. It recently…
Hedging Strategies Appear to Payoff as FBC Holdings H1 Profits hit ZWL$8.1bn
TweetShareSharePin0 SharesBy Yona Banda Performance Highlights The FBC Holdings group reported an inflation adjusted net profit after tax of ZWL$8.1 billion for the half-year ended 30 June 2022. The earnings…
Gold shines in August
TweetShareSharePin0 SharesBy ETimes Gold deliveries to Fidelity Printers and Refinery (FPR) in the eight months to August 2022 grew by nearly 41 percent to 22,3 tonnes sustaining an upward trajectory…
Equities slide for third straight day
TweetShareSharePin0 SharesBy ETimes For the third consecutive session, the local bourse maintained the downward trend as the ZSE All Share Index closed 0.46% weaker to close at 13,184.23 on Thursday.…
ZB Profits Surge to ZWL$6.1bn as Botswana Operations Open Doors
TweetShareSharePin0 SharesBy Yona Banda Highlights from financial performance ZSE listed financial services group ZB Financial Holdings earned an inflation adjusted half-year profit of ZWL$6.1 billion, which represented a 165% rise…
Powerspeed trading volumes remained relatively strong in Q3
TweetShareSharePin0 SharesBy ETimes Powerspeed’s trading volumes and profitability remained quite good in the third quarter ending 30 June 2022 despite the business feeling the inflation hit. While the improvement in…
ZSE dips further by 3.04%
TweetShareSharePin0 SharesBy ETimes The bears continued to dominate transactions on the local bourse as most heavyweight counters depreciated in price, causing the mainstream ZSE All Share Index to dip further…
SeedCo IntI says maize seed output to be 6% higher on firm demand
TweetShareSharePin0 SharesBy ETimes SeedCo International anticipates maize seed production volumes of 34 000 Mt, a 6% increase over last season, which will be sufficient to replenish stocks and meet demand…
Investors lose $6.9bn as Equities returns to negative zone
TweetShareSharePin0 Shares…as ZW$ further depreciates against USD By ETimes The stock market closed on a negative note, as the mainstream All Share Index dipped 0.29% to close at 13,661.22 points…