Resilient cash generation anchors Nampak’s 2025 results
TweetShareSharePin0 SharesBy ETimes HARARE – NAMPAK ZIMBABWE has delivered a mixed financial performance for the year ended 30 September 2025, with key performance indicators showing both resilience and pressure in…
RBZ holds key rate at 35%
TweetShareSharePin0 Shares…as it seeks to entrench inflation fight Stephen Chifamba HARARE – THE Reserve Bank of Zimbabwe (RBZ) held its benchmark interest rate steady, signalling a commitment to crushing persistent…
Edgars Q3 volumes up 14% on stable market conditions
TweetShareSharePin0 Shares…as it plans manufacturing and store expansion By ETimes HARARE – Edgars Stores Ltd reported a 14% rise in group volumes for the third quarter to 5 October 2025,…
First Capital, Pension Fund Seal US$30m Makasa Sun Disposal Deal
TweetShareSharePin0 SharesStaff Writer First Capital Bank Limited and its staff pension fund have signed a binding share purchase agreement to dispose of their entire shareholding in Makasa Sun to ASB…
ZBFH Stock Jumps 11% on 41% Profit Surge, Despite Cost Pressures
TweetShareSharePin0 SharesBy ETimes HARARE – ZBFH’s profitability for the nine months to 30 September 2025 is encouraging, with Profit After Tax (PAT) rising 41% year-on-year to ZWG610 million. This performance…
Turnall Bounces Back: New Plant, Cost Cuts Drive Q3 Profit
TweetShareSharePin0 SharesBy ETimes HARARE – Turnall Holdings said it remains confident of returning to profitability this year, buoyed by improved efficiencies and tighter cost controls. “The group is very optimistic…
NMB’s new Greenfields branch to operate until 5 PM weekdays
TweetShareSharePin0 SharesStaff Writer HARARE -NMB Bank has opened a new branch at the Greenfields Mall in Belvedere, the bank said in a customer communication on Wendesday. The new outlet will…
TN CyberTech Holdings to Launch WhatsApp Banking in Digital Push
TweetShareSharePin0 SharesBy ETimes HARARE – TN CyberTech Holdings, formerly known as EcoCash Holdings, is set to launch a suite of new digital services, including WhatsApp banking and digital Visa cards, leveraging…
Telecel Zimbabwe placed under corporate rescue to rehabilitate operations
TweetShareSharePin0 SharesBy ETimes HARARE -TELECEL Zimbabwe (Private) Limited has been placed under corporate rescue after its board resolved to initiate voluntary proceedings aimed at rehabilitating the struggling mobile network operator.…
Heineken fined US$900K by COMESA over anti-competitive practices
TweetShareSharePin0 SharesBy ETimes HARARE – THE COMESA Competition Commission (CCC) has concluded an investigation into Heineken Holding N.V., with the brewer agreeing to pay US$900 000 and revise its distribution…