Hippo decries informal traders, forecasts higher borrowings
TweetShareSharePin0 SharesBy ETimes HARARE – Hippo Valley Estates sugar production for the 5 months to August 2023 declined by 9% 66,319 tonnes from 72,058 tonnes in the comparative period last…
BAT hurt by high exchange losses posts $5.1bn loss before tax in H1
TweetShareSharePin0 SharesBy ETimes HARARE – BAT Zimbabwe, a listed cigarette manufacturer, has recorded an inflation adjusted revenue of $71,56 for the half year ended 30 June 2023. The figure represents…
CBZ Bank launches university student ID financial cards
TweetShareSharePin0 SharesBy ETimes HARARE – CBZ Holdings, the biggest bank in Zimbabwe, has launched a student smart-debit card that combines a university student ID card with a student account-linked debit…
‘Policy fluidity will rouse temporary negative outcomes during realignment period’
TweetShareSharePin0 SharesBy ETimes HARARE – First Mutual Holdings Limited says the strategic presumptions regarding the economic environment’s outcome have mainly not altered despite policy measures instituted in the first half…
To Save Local Industry: Unifreight tells Govt to restrict informal imports
TweetShareSharePin0 SharesBy 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…
Proplastics trades flat despite return to profit
TweetShareSharePin0 SharesBy 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…
CBZ posts $543.87bn profit in H1, declares US$3mln interim dividend
TweetShareSharePin0 SharesBy 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…
TSL revenue up 229% in Q3
TweetShareSharePin0 SharesBy 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…
GetBucks says goodbye to ZSE
TweetShareSharePin0 SharesBy 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…
Mash Holdings shares tick up after announcing interim dividend
TweetShareSharePin0 SharesBy 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…