Turnall hit by qualified audit opinion amid deepening losses
TweetShareSharePin0 SharesBy ETimes HARARE – BUILDING materials manufacturer Turnall Holdings Limited has come under scrutiny after receiving a qualified audit opinion on its consolidated financial statements for the year ended…
Tanzania lifts import bans on Malawi and South Africa
TweetShareSharePin0 SharesBy TRT Global/ Food for Mzansi Tanzania has revoked its recent ban on agricultural imports from Malawi and South Africa, following a brief period of trade restrictions. The Tanzania…
Strategic gamble or necessary retreat?
TweetShareSharePin0 Shares…as Khayah Cement seeks delisting amid rescue plan By ETimes HARARE — KHAYAH Cement Limited is preparing to delist its ordinary shares from the Zimbabwe Stock Exchange (ZSE), in…
CABS rewards shareholders with US$12 million dividend
TweetShareSharePin0 SharesBy ETimes HARARE – CABS, Zimbabwe’s largest building society, distributed US$12 million (ZiG348.28 million) in dividends to shareholders in 2024, reinforcing its commitment to delivering value despite economic challenges. The payout reflects…
CABS pumps US$90m into economy, earns ESG honor
TweetShareSharePin0 SharesBy ETimes HARARE – CABS has reinforced its role as a key economic enabler, channelling US$90 million in renewed credit facilities toward agriculture, mining, and infrastructure development in 2024…
CABS posts strong fee growth amid liquidity pressures
TweetShareSharePin0 SharesBy ETimes HARARE – ZIMBABWE’S top mortgage lender CABS showed resilience in 2024, achieving fee income growth and sustaining dividends despite economic challenges and tight liquidity. The financial institution…
Afreximbank extends US$50 million facility to CBZ Holdings
TweetShareSharePin0 SharesBy ETimes HARARE – The African Export-Import Bank (Afreximbank) has extended a US$50 million facility to CBZ Holdings and CBZ Bank to support the bank’s short-term financing needs. The…
Afreximbank Southern Africa office nears completion
TweetShareSharePin0 Shares…a new era for African trade and financial services By Staff Writer HARARE – THE African Export-Import Bank (Afreximbank) permanent Southern Africa Regional Office and Trade Centre in Harare,…
CBZ Holdings restructuring sees 347 job cuts amid strategic shift
TweetShareSharePin0 SharesBy ETimes HARARE – CBZ Holdings has concluded a restructuring exercise that impacted 347 staff roles out of its workforce of 1,448. The initiative, which began in October 2024,…
COMESA Investigates Zambia Airways for Consumer Rights Violations
TweetShareSharePin0 SharesBy ETimes HARARE – THE COMESA Competition Commission (the Commission) has officially launched an investigation into Zambia Airways (2014) Limited over alleged violations of consumer protection regulations. According to…