Unfavorable rates, inflationary pressures to reduce bank’s credit extension – Zimnat
TweetShareSharePin0 SharesBy ETimes Zimbabwe’s banks will limit credit availability owing to unfavourable rates and rising inflationary pressure, the latest report shows. Policymakers recently decided to increase the bank policy rate…
ZSE gains $522.01bn, reviews market wide trading halt threshold
TweetShareSharePin0 SharesBy ETimes The Zimbabwe Stock Exchange (ZSE) reviews the market-wide trading halt threshold from 10% to 15% for the ZSE All Share Index movement in line with Rule 4.13.1…
Public-Private partnerships drive milk output recovery
TweetShareSharePin0 SharesETimes Zimbabwe’s raw milk production increased from 79,6 million litres in 2021 to 91,6 million litres in 2022, a rise of 14,3 percent and the increase has been a…
Is Zimbabwe ready for the long grind to come?
TweetShareSharePin0 SharesBy ETimes There is hope that Zimbabwe’s 2023 election can solve some of its economic challenges. The country has been in a deep economic crisis for many years, and…
ZSE remains strong as RBZ warns businesses over forward pricing
TweetShareSharePin0 SharesBy ETimes Over the past few weeks, the vibrancy witnessed on the Zimbabwe Stock Exchange has been positive amid the fast depreciation of the local currency, election mood and…
CBZ named to Global Finance Magazine’s list of Africa’s best banks
TweetShareSharePin0 SharesBy ETimes CBZ Holdings, the country’s leading financial products and services provider, has been named among the best banks in Africa, a recent report shows. In its World’s Best…
Proplastics banks on demand growth in 2023
TweetShareSharePin0 SharesBy ETimes Proplastics, the pipe and fittings manufacturer said it seeks to improve its sales as it banks on increased demand due to increase in construction work. Sales volumes were…
US’ coercive diplomacy undermines Zim elections
TweetShareSharePin0 SharesOwn Correspondent A fortnight ago, there was a diplomatic furore when the United States of America Embassy in Harare posted some messages on Twitter that Zimbabwean officials saw as…
Stock market gains $1,18 trillion
TweetShareSharePin0 SharesBy ETimes The Zimbabwe Stock Exchange (ZSE) closed in positive territory on Wednesday as investors raked in $1,18 trillion to push the market value to $12,23 trillion. After the…
Begrudging Steps To Exchange Liberalization Or Too Little Too Late?
TweetShareSharePin0 SharesBy Yona Menon Banda The main take appears to be that by allowing for a “market determined” exchange rate, the interbank will be allowed to align with the parallel…