Electricity shortages hit construction industry hard
By Staff Writer PLAYERS in the constitution industry says the ongoing power supply shortages in the country are obstructing the construction industry’s ability to manufacture raw materials for both domestic…
Nedbank Defies Economic Headwinds with 8% Increase in Headline Earnings
By ETimes HARARE – Nedbank faced multiple external pressures, including high interest rates, inflation, and political uncertainty leading up to the national elections in South Africa, according to its unaudited…
Tigere REIT maintains 100% occupancy
…sees revenue growth opportunities By ETimes HARARE – Tigere Real Estate Investment Trust (REIT) has announced an interim dividend of USD 247,090, equivalent to 0.03435 United States cents per unit,…
Gift Simwaka Appointed as Managing Director of CBZ Bank
By ETimes HARARE – CBZ Bank has announced the appointment of Gift Simwaka as its new Managing Director, effective September 1, 2024. Simwaka brings to the role over 26 years…
OK Zim shares slip despite volume growth in Q1 FY2025
By ETimes HARARE – Shares in OK Zimbabwe have fallen despite the retail giant reporting comfortable volume growth in the first quarter ending June 30, 2024, amid a challenging operating…
TDB Extends US$20m Line of Credit to CBZ Bank
By ETimes HARARE – CBZ Bank has secured a US$20 million line of credit from the Trade and Development Bank Group (TDB Group) to support Zimbabwe’s productive sectors and boost…
Time Bank Pins Hopes on Blocked Funds Resolution
By ETimes HARARE – Time Bank of Zimbabwe expects its appeal for the Government to assume blocked funds to be confirmed by the end of the year, which is essential…
A day to remember: Heartfelt Contribution to Munkula Primary School by TEM FOUNDATION’s
By Staff Writer In an event marked by smiles and jubilation, the TEM FOUNDATION extended its deeply appreciated assistance to Munkula Primary School. This colorful event is set to become…
Celebrating 11 years of educational empowerment: TEM foundation’s journey
By Staff Writer HARARE – IN 2024, the TEM Foundation celebrates its 11th anniversary, marking over a decade of dedication to transforming the lives of orphaned children through education. Founded…
IPEC, First Mutual Life saga rages on
By ETimes First Mutual Holdings has issued a cautionary statement regarding its subsidiary First Mutual Life and its subsequent ongoing forensic audit by the Insurance and Pensions Commission (IPEC). The…