Chikwata lands Khaya Cement biggest post
TweetShareSharePin0 SharesBy ETimes Lafarge Cement Zimbabwe Ltd has appointed Innocent Zulu Chikwata as substantive Chief Executive Officer (CEO) following his acting stint which was effective from December 1, 2022 replacing…
FCB USD deposit growth drives forex loans
TweetShareSharePin0 SharesBy ETimes Listed financial First Capital Bank (FCB) released its 2022 full year financials where it recorded increased deposits in the year from across all sectors of the economy.…
Willdale expects profitability rebound in H2 after revenue growth
TweetShareSharePin0 SharesBy ETimes Willdale inflation-adjusted revenue for the first five months to February 2023 increased by 30% compared to the same period in the prior year, despite the challenging operating…
Empowering women: Old Mutual Hosts IWD 2023 to Drive Equity and Well Being
TweetShareSharePin0 SharesStaff Writer Old Mutual Women’s Network (OWN) will commemorate International Women’s Day (IWD) for 2023 on 31 March 2023. Women from all walks of life will come together to…
GetBucks still working on delisting
TweetShareSharePin0 SharesBy ETimes GetBucks Financial Services which currently in negotiations for a US$5 million recapitalisation to enable the bank to meet required minimum threshold set by the Reserve Bank of…
First Capital Bank 2022 net profit declines 27%
TweetShareSharePin0 SharesBy ETimes First Capital Bank reported a 27% fall in full-year profit, but it managed to meet the minimum core capital requirement of US$30 million. For the year ended…
West Prop Holdings to raise US$30 million in IPO
TweetShareSharePin0 Shares...to list on VFEX By ETimes West Prop Holdings says it will list on the Victoria Falls Stock Exchange (VFEX) late next month after receiving all the regulatory approvals.…
Mash Holdings returns to profit, pays part of dividend in forex
TweetShareSharePin0 SharesBy ETimes Mashonaland Holdings swung back to full-year profit on Friday and said it will continue to focus on boosting operational effectiveness and portfolio diversification. The group saw an…
TSL revenue up 106% in Q1, expects increased levels of borrowings
TweetShareSharePin0 SharesBy ETimes TSL’s inflation-adjusted revenue for the first quarter ended 31 January 2023 rose 106% from the comparative quarter on volume growth. The positive performance came in a period…
PPC volumes suffer, anticipates to shrink further
TweetShareSharePin0 SharesBy ETimes Zimbabwe Stock Exchange dual listed regional cement manufacturer PPC has said its Zimbabwe operations have been affected by loadshedding which has seen the country experience between 16-18…