Willdale abandons proposed sale of idle assets
TweetShareSharePin0 SharesBy ETimes Listed brick maker Willdale has issued a cautionary statement advising their shareholders that the firm has abandoned its intended to dispose of certain idle assets. Company secretary Mavuto Munginga…
Econet lion’s share of Internet and data traffic down 2.1%
TweetShareSharePin0 SharesBy ETimes Zimbabwe’s mobile Internet and data traffic increased by 3.4% to 33,576.4 terabytes in the fourth quarter of 2022 from 32,473.1 terabytes consumed in the third quarter of…
ZHL full year GPW buoyed by real business growth
TweetShareSharePin0 SharesBy ETimes Zimre Holdings Limited (ZHL) reported a 13% rise in inflation adjusted gross premium written (GPW) for the year ended 31 December 2022 buoyed by real business growth…
Simbisa continues on expansion drive in 2023
TweetShareSharePin0 SharesBy ETimes The Victoria Falls Stock Exchange listed fast foods retailer, Simbisa in its half year results said it will open 49 stores until the close of its financial…
NMB driven by growth strategies in 2022
TweetShareSharePin0 SharesBy ETimes Listed banking stock, NMB Zimbabwe delivered a strong operational and financial performance in 2022, driven by the implementation of various growth strategies. Benedict Chikwanha, the board chair of…
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…