BNC H1 loss before tax widens amid softening commodity prices
TweetShareSharePin0 SharesBy ETimes Bindura Nickel Corporation posted a wider first-half loss before tax of US$8.88 million from a US$5.47 million a year earlier owing to low nickel prices. This comes…
Innscor Africa says trading continues to be ‘relatively solid’
TweetShareSharePin0 SharesBy ETimes Innscor Africa expects increased volume growth during the festive period, usually associated with growing demand for products, despite the challenging operating environment. “I don’t really have anything…
CBZ shares gain 5.30% after board changes
TweetShareSharePin0 SharesBy ETimes CBZ Holdings shares on Wednesday gained 5.30% to close at $2,096.50 after board changes. This follows the retirement of CBZ Holdings Limited chairman Marc Holtzman and group…
ANALYSIS| Econet Wireless outlook looks more positive amid rapid dollarisation
TweetShareSharePin0 SharesBy ETimes Financial Performance Highlights Commentary and Analysis The figures above point to stability, with most of the analysis metrics relatively static. So, the main difference maker seems to…
Sino-Zim cement plant back online
TweetShareSharePin0 SharesBy ETimes Sino Zimbabwe Cement Company (Sino-Zim) powered its newly refurbished plant during the week as it came back online after 3 months of no production. The plant upgrade…
ANALYSIS| Rising Interest Rates Cause Concern as CBZ 9-Month Revenue Reaches ZWL$1.5 trillion
TweetShareSharePin0 SharesBy ETimes Commentary and Analysis The relatively stable currency environment of Q3 saw a moderate recovery in the groups balance sheet, with total assets and deposits closing marginally higher,…
Econet back in black, posts $63.65bn profit in 1H23
TweetShareSharePin0 SharesBy ETimes Econet Wireless Zimbabwe has moved from a loss-making position to post $63.65 billion for the half year ended 31 August 2023. The telecom giant has focused on…
Listed companies applaud Treasury
TweetShareSharePin0 Shares…. beg for continuity By ETimes Zimbabwe Stock Exchange (ZSE) listed firms have applauded government policy interventions passed in the second quarter, as they said the business environment was more…
Fresh Non-Performing Loans risk looms
TweetShareSharePin0 SharesBy ETimes Zimnat Asset Management through its weekly economic report warned that a fresh round of dollarization driven by the extension for use of US Dollars might result in…
NMB shares rose 3.71% after appointing Pearson Gowero as chair
TweetShareSharePin0 SharesBy ETimes NMB share price surged over 3% on Friday’s session following the appointment of Pearson Gowero, a seasoned business leader, as chairman of the bank. He is taking…