Contango Holdings finally starts production
TweetShareSharePin0 SharesBy ETimes The Lubu coking coal project, owned by London-listed natural resource development company Contango Holdings has begun producing washed coal. This followed dry and wet runs of the wash…
Fidelity Life Assurance new products boost business
TweetShareSharePin0 SharesBy ETimes Listed assurer, Fidelity Life Assurance has said their Vaka Yako product has been a success driving business in the first quarter ending March 31, 2023. Fidelity Life company…
ANALYSIS| Buoyant Lager Sales Drive Delta Corp to ZWL$63.1 bn PAT in FY23
TweetShareSharePin0 SharesBy ETimes Financial Performance Highlights Commentary and Analysis Its a fair set of results for the group, with decent growth in revenues and sales volumes. Analysis puts the USD…
ZSE opens week in the green
TweetShareSharePin0 SharesBy ETimes The Zimbabwe Stock Exchange (ZSE) recorded a gain of 1.73% on Monday, with 20 equities closing in green and 5 shares closing in red. Investors exchanged 2,63…
RTG occupancies back to pre-covid era
TweetShareSharePin0 SharesBy ETimes Listed hotelier Rainbow Tourism Group (RTG) reported that its first quarter to March 31, 2023 occupancies were back to near pre-covid period. In a trading update company secretary,…
ANALYSIS| Bargain Gains Drive ZBFH to ZWL$34.7 bln After Tax Profits in FY22
TweetShareSharePin0 Shares…as Organizational Transformation Takes Shape By ETimes Financial Performance Highlights Commentary and Analysis Its a performance driven in large part by forex trading income, fair value and monetary gains,…
Zimbabwe Hyperinflation: Dousing Fire with Petrol?
TweetShareSharePin0 SharesBy Newton Mambande With the rise of inflation and the cost of living, the government has implemented a number of economic plans to stabilize the Zimbabwean dollar (ZWL). However,…
Mash Holdings shares up 15% after board changes
TweetShareSharePin0 SharesBy ETimes Shares of Mash Holdings gained 15% on Thursday after the property firm announced board changes. This comes as Barbra Musariri retires from the board of directors effective…
ANALYSIS| Hefty Barzem Loss Provisions Drag Zimplow to ZWL$1.3 bln Loss in FY22
TweetShareSharePin0 SharesBy ETimes Financial Performance Highlights Commentary and Analysis In implied US dollar terms, revenue was down in the groups key segments, with Mining and Infrastructure taking a big hit…
Bullish run continues as equities market rises by $344.72bn
TweetShareSharePin0 SharesBy ETimes The Zimbabwe Stock Exchange (ZSE) advanced by $344.72 billion as investors continued to digit a flurry of first quarter corporate earnings released on the local bourse as…