ANALYSIS| Spike in Agric Claims Drag ZimRe Profits 57% Lower to ZWL$4.1 bln in FY22
TweetShareSharePin0 SharesBy ETimes Financial Performance Highlights Commentary and Analysis The group highlighted the adverse impact of a spike in agriculture insurance claims on its financial performance. It definitely played a part…
Fair Value Gains Boost First Mutual to ZWL$24 bln After Tax Profit in FY22
TweetShareSharePin0 SharesBy ETimes Financial Performance Highlights Commentary and Analysis The high bottomline growth was primarily due to the upward fair value adjustments of the groups investment properties. Otherwise, total income growth…
ANALYSIS| NMBZ Looks for Growth in Diversification as Profits Hit ZWL$12 billion in FY22
TweetShareSharePin0 SharesBy ETimes Financial Performance Highlights Commentary and Analysis Operating income growth at 63% against 57% growth in operating expenditures paints a less flattering picture than the headline 87% after tax…
ANALYSIS| Elusive Economic Growth of Zimbabwe
TweetShareSharePin0 SharesBy Newton Mambande The Zimbabwean economy is presented with a number of opportunities to become one of the top first-world countries. This is because of its diversified range of…
How can Zim stabilize its currency?
TweetShareSharePin0 SharesBy Newton Mambande Today, Zimbabwe is facing insurmountable cash economic challenges credited to a multiplicity of factors, including political, economic and social. It is, however, argued that most of…
Profits Rebound to ZWL$17bn as Mash Holdings Taps Investor Demand
TweetShareSharePin0 SharesBy ETimes Financial Performance Highlights Commentary and Analysis Zimbabwe’s real estate sector has drawn increasing attention as local investors look for safety against inflation risk or a secure store…
ANALYSIS| Axia Corp Defies Consumer Depression with $9bn Profit, Targets Expansion
TweetShareSharePin0 SharesBy ETimes Financial Performance Highlights Commentary and Analysis It is a fair set of financial results in an economy not configured to support high-value credit-oriented retail – with its low…
Who is the Next Apex Bank Chief After Mangudya?
TweetShareSharePin0 SharesBy ETimes The governor of the Bank Zimbabwe (RBZ), Dr. John Panonetsa Mangudya’s tenure as the chief at the apex is expected to end in May 2024. Many political…
Of the 2022/23 rainfall season and Zimbabwean economy
TweetShareSharePin0 SharesBy ETimes The country recorded favourable rains this farming season that may result in good harvests. However, the chances of getting a relatively high agricultural output are slim and…
Firms gears up for new opportunities but some wary on outlook
TweetShareSharePin0 SharesBy ETimes A number of Zimbabwe Stock Exchange-listed companies have released their third-quarter trading updates, revealing mixed feelings about the country’s prospects for the current fiscal year. Having followed…