Truworths feel the heat from tight monetary policy
TweetShareSharePin0 Shares…delays further release of results By ETimes Clothing retailer Truworths says it has suspended all Zimbabwean dollar credit sales occasioned by the tight monetary regime. This month, the apex…
Back in the black, ART looks to finish expansionary capital investment program
TweetShareSharePin0 SharesBy ETimes Amalgamated Regional Trading (ART) reported moderate growth after its key business units, both local and regional, remained resilient in the fiscal year ended September 30, 2022, despite…
Industry, commerce capacity utilization grows to 63% but business confidence wanes: ZNCC
TweetShareSharePin0 SharesBy ETimes Capacity utilisation in industry and commerce increased by 15.5 percentage points in 2022 to 63% from 45.5% in 2021, boosted primarily by performance in information and communication…
Gold coins mopped up $13.6bn since July: RBZ
TweetShareSharePin0 SharesBy ETimes Gold coins have mopped up $13.6 billion from the market since their introduction in July this year, the latest data shows. The country took the unprecedented step…
Delta’s FY23 revenue seen at US$807 mln
TweetShareSharePin0 SharesBy ETimes Delta Corporation’s lager and sorghum beer volumes are expected to rise in the short term thanks to the ongoing capital expenditure, a local equities group has said.…
Old Mutual, US Embassy upskill local start-ups
TweetShareSharePin0 SharesBy Staff Writer Old Mutual Zimbabwe’s corporate incubator and accelerator in Harare, Eight2Five Innovation Hub has collaborated with the US Embassy to bring an American venture capital expert, Dawn…
Old Mutual Zimbabwe’s Lillian Mbayiwa elected MAZ president
TweetShareSharePin0 SharesBy Staff Writer Old Mutual Zimbabwe (OMZ)Group Marketing, Public Affairs and Sustainability Executive Lillian Mbayiwa has been elected Marketers Association of Zimbabwe’s (MAZ) 7th president at an AGM held…
All set for Old Mutual Schools Quiz grand finale
TweetShareSharePin0 SharesBy Staff Writer A nail-biting Old Mutual Schools Quiz finale is in the offing after ten heavyweight schools won provincial spots to fight out in the national championship tourney…
GB third quarter turnover rises to US$3.539mln on higher volumes
TweetShareSharePin0 SharesBy ETimes General Beltings has posted a turnover of US$3.539 million, in the third quarter ended September 2022, a 9% jump compared to US$3.237 million posted in the same…
African Sun YTD occupancies rose to 45%, cautiously optimistic about outlook
TweetShareSharePin0 SharesBy ETimes African Sun, which operates a chain of luxury hotels and lodges across the country, said occupancy levels for the nine months ended 30 September 2022 rose to…