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  • Nedbank Zimbabwe’s ROE more than doubled in FY2022

Nedbank Zimbabwe’s ROE more than doubled in FY2022

TweetShareSharePin0 SharesBy ETimes Nedbank Zimbabwe says its return on equity more than doubled in 2022, contributing significantly to the group’s “quite a good set of results”. The uncertainty in the…

Meikles shareholders in US$ dividend

TweetShareSharePin0 SharesBy ETimes Meikles has declared a second interim dividend of US$0.60 cents for the year ending March 31, 2023, as the company continues to return value to its shareholders. In…

Dr Mangudya defends his press release

TweetShareSharePin0 SharesBy ETimes Reserve Bank of Zimbabwe (RBZ) Governor Dr. John Mangudya has alluded that his institution was attacked and had to put the record straight on allegations posed in…

Simba Makoni out, Victor Gapare in at Powerspeed

TweetShareSharePin0 SharesBy ETimes Dr. Simba Makoni has stepped down from his position at Powerspeed, where he was the chairman of the board for the past 13 years and was replaced…

CBZ launches foundation to protect vulnerable communities

TweetShareSharePin0 SharesBy ETimes CBZ Holdings, the country’s leading financial products and service provider, has just unveiled a charity foundation to help drive social inclusion, empower the marginalised and alleviate poverty.…

Powerspeed Q1 performance signals recovery

TweetShareSharePin0 SharesBy ETimes Powerspeed said trading recovered during the first quarter ending December 31, 2022 as compared with the previous quarter, which was not good.  In a trading update, the…

Vingirai, ZB Holdings dispute drags on as another cautionary is issued

TweetShareSharePin0 SharesBy ETimes Listed banking giant ZB Holdings has issued another cautionary statement as they continue to try and find a solution between them and a shareholder of their subsidiary.…

TSL delays publication of results a second time

TweetShareSharePin0 SharesBy ETimes TSL, a listed agro-logistics firm, has delayed the publication of its full-year results for a second time because the accounts must be signed off by PricewaterhouseCoopers Zimbabwe’s…

Tanganda saves US$700K by switching to green energy

TweetShareSharePin0 SharesTanganda Tea Company announced on Tuesday that it saved at least US$700,000 in power costs last year by replacing diesel generators with green energy. This comes as the continued…

Toyota Zimbabwe to devour CFAO Motors Zimbabwe

TweetShareSharePin0 SharesBy ETimes A merger is looming in the automotive industry involving Toyota Zimbabwe and CFAO Motors Zimbabwe which is the official distributor of Volkswagen and Suzuki in the country.…