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…
First Capital posts US$9,05m half year profits
By ETimes Victoria Falls Stock Exchange (VFEX) listed financial services provider First Capital Bank (FCB) posted an adjusted profit of US$9,05 million for the six months to June 2023. The…
CAFCA share price closes flat despite forex sales surge
By ETimes CAFCA’s share price closed flat on Monday despite recording a significant increase in the proportion of foreign currency sales during the quarter ended June 30, 2023 to beyond…
Turnall raises US$8 million through rights issue
By ETimes Turnall Holdings, a building material manufacturer, says it has raised $36.94 billion for recapitalisation through a rights issue of 3.8 billion shares. Rights are typically offered by businesses…
35% of EcoSure’s clients migrate to USD book
By ETimes EcoSure, a subsidiary of EcoCash Holdings Limited Zimbabwe, says it managed to provide for its clients by paying claims totaling more than $1.9 billion for the full year…
Shipping delays drag down Ariston export sales volumes in Q3
By ETimes Ariston Holdings’ macadamia export sales volumes for the third quarter ended 30 June 2023 fell 35% to 513 tonnes from 785 tonnes sold in the prior comparative period.…