ANALYSIS| Resurgent ZB Financial Group Posts ZWL$678 billion PAT in HY23
TweetShareSharePin0 SharesBy ETimes Financial Performance Highlights ZSE listed financial services group ZB Financial Holdings (ZBFH.zw) reported a ZWL$678.5 billion profit for its half-year ended 30 June 2023, representing a 2179%…
ANALYSIS| Acquisition Nears Completion as FBC Holdings PAT hits ZWL$366 bln in HY23
TweetShareSharePin0 SharesBy ETimes Financial Performance Highlights Commentary and Analysis Once again, it is becoming increasingly difficult to make anything of ZWL denominated financial statements. The most noticeable thing here is…
ANALYSIS| Government Aims for Continuity in Mid-Year Policy Updates
TweetShareSharePin0 SharesBy ETimes Mid-Term Monetary Policy Statement General Updates Liquidity Updates Foreign Exchange Updates Banking Sector Updates Key Policy Updates Mid-Year Budget Review General Updates Fiscal Outturn Key Policy Updates…
Expectations for the Mid-Term Budget Update
TweetShareSharePin0 SharesBy ETimes The Ministry of Finance and Economic Development is expected to provide its mid-term fiscal budget update soon. These are the key expectations for the upcoming presentation: 1.…
ANALYSIS| CBZ Holdings Deposits Edge To ZWL$1 trillion in Q1 2023
TweetShareSharePin0 SharesBy ETimes Highlights Our Thoughts The group marginally increased its share of the total banking sector deposits to 34%. With its acquisition of ZB Holdings, the group’s position in…
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…
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…
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,…
ANALYSIS| Recovering Tourism Drives African Sun Revenues to ZWL$31.8 billion in FY22
TweetShareSharePin0 SharesBy ETimes Financial Performance Highlights Commentary and Analysis Though obscured somewhat by the bargain gains reported in the previous financial year, its a strong performance by the hospitality group.…
ANALYSIS| Operating Environment Weighs on Dairibord as FY22 After Tax Profits Hit ZWL$1.8 bln
TweetShareSharePin0 SharesBy ETimes Financial Performance Highlights Commentary and Analysis Its a financial performance that was weighed down by the general challenges associated with the local business environment. The reduced cash…