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  • To Save Local Industry: Unifreight tells Govt to restrict informal imports

To Save Local Industry: Unifreight tells Govt to restrict informal imports

By ETimes HARARE – Authorities need to restrict imports of goods that can be manufactured locally in order to boost the domestic industry, listed logistics firm Unifreight Africa has said.…

Proplastics trades flat despite return to profit

By ETimes HARARE – Shares of Proplastics traded largely flat on Friday, even though the plastic pipe manufacturer returned to profitability in the first half of 2023. The stock remained flat…

CBZ posts $543.87bn profit in H1, declares US$3mln interim dividend

By ETimes HARARE – CBZ Holdings, the biggest bank in Zimbabwe, released its financial results for the half year ended 30 June 2023, with an inflation-adjusted profit after tax of…

TSL revenue up 229% in Q3

By ETimes HARARE – TSL’s inflation adjusted revenue for the third quarter ended 31 July 2023 rose 229% to $66.8 billion from $20.3 billion in the comparative period, thanks to…

GetBucks says goodbye to ZSE

By ETimes HARARE – GetBucks Financial Services becomes the latest firm to go private as it leaves the Zimbabwe Stock Exchange (ZSE) after nearly 7 years and 8 months as…

Mash Holdings shares tick up after announcing interim dividend

By ETimes HARARE – Trading activities on the Zimbabwe Stock Exchange (ZSE) closed in the red on Friday, making it the second consecutive day of losses this week. The mainstream…

PPC Zimbabwe’s 30 MW solar PV plant ready for construction

By ETimes HARARE – Pretoria Portland Cement (PPC) says electrical energy performance at its Bulawayo and Harare milling facilities for the year ended 31 March 2023 (FY23), regressed owing to…

ANALYSIS| Newly VFEX Listed First Capital Sees After Tax Profits Rise to US$4.3 million

By ETimes Financial Performance Highlights Commentary and Analysis The sizeable growth of peer banks reporting in ZWL denominated accounts makes it difficult to put First Capital Banks financial results into…

Vingirai, ZB Holdings dispute drags CBZ acquisition deal

By ETimes Financial institution CBZ Holdings has issued another cautionary statement in which it says it is in discussion to takeover a complimentary business. Group chief governance officer Rumbidzayi Jakanani in…

ANALYSIS| Resurgent ZB Financial Group Posts ZWL$678 billion PAT in HY23

By 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% rise…