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…
PPC Zimbabwe’s 30 MW solar PV plant ready for construction
TweetShareSharePin0 SharesBy 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…
ANALYSIS| Newly VFEX Listed First Capital Sees After Tax Profits Rise to US$4.3 million
TweetShareSharePin0 SharesBy 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…
Vingirai, ZB Holdings dispute drags CBZ acquisition deal
TweetShareSharePin0 SharesBy 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…
ANALYSIS| Resurgent ZB Financial Group Posts ZWL$678 billion PAT in HY23
TweetShareSharePin0 SharesBy 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%…
First Capital posts US$9,05m half year profits
TweetShareSharePin0 SharesBy 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.…