Nedbank launches American Express merchant acceptance in Zim
TweetShareSharePin0 SharesBy ETimes Nedbank, in a bid to improve its overall offering, especially to tourists and attract more dollars, has launched an American Express merchant acceptance in Zimbabwe. It is…
CBZ’s gross PML for short term insurance seen at US$736.74mln
TweetShareSharePin0 SharesBy ETimes CBZ Holdings has estimated the gross Probable Maximum Loss (PML) for its short-term insurance to be US$736.74 million for the year to 31 December 2022 citing the…
ZHL shares fall amid growing anxiety over Eagle REIT’s listing
TweetShareSharePin0 SharesBy ETimes ZimRe Holdings on Friday said its Eagle Real Estate Investment Trust (REIT) will be launching two signature developments in Mazowe and Victoria Falls as it looks to…
Natbrew’s full year loss per share seen rising by 98%
TweetShareSharePin0 SharesBy ETimes National Breweries (Natbrew), a unit of Delta Corporation Zimbabwe, says its loss per share could slip into a bigger-than-expected loss in the year ended 31 March 2023…
Ready-to-Drink alcohol drives Afdis volumes
TweetShareSharePin0 SharesBy ETimes Listed spirits and ciders manufacturer Afdis has seen volumes grow in the first quarter of 2024 ending June 30, 2023 driven by the ready-to-drink segment. Afdis company…
Infrastructure development to anchor ZHL going forward
TweetShareSharePin0 SharesBy ETimes Zimre Holdings Limited (ZHL) reported that going forward the group will begin a new financial concentration on landmark and infrastructure development with a focus on sustainability. Chairman…
CBZ profit up 959.5% in Q1, to explore AI in serving customers
TweetShareSharePin0 SharesBy ETimes CBZ Holdings, the biggest bank in Zimbabwe, today released its financial results for the three-month period ending 31 March 2023, with a historical net profit of $50.18…
Dairibord targets low-cost collaborations in export markets
TweetShareSharePin0 SharesBy ETimes Dairibord, the country’s largest milk processor, says for now it is looking for inexpensive cooperation in the four regional markets that it is exploring before establishing its…
Border Timbers receives offer for controlling stake in the company
TweetShareSharePin0 SharesBy ETimes Border Timbers said on Monday it had received an offer from Cicada Plantations Zimbabwe (CPZ), which seeks to acquire 100% of its issued share capital and a…
In 2022 Dairibord spent $1.8 billion on capital investments
TweetShareSharePin0 SharesBy ETimes Listed diversified consumer staples company, Dairibord Zimbabwe is anchoring on its recently commissioned plants to boost volumes for some of its product lines in the full year…