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Electrosales Benefits Card launched by Powerspeed

TweetShareSharePin0 SharesBy ETimes Powerspeed launched a customer loyalty card named Electrosales Benefits Card as it seeks to retain and reward customers through various benefits. In a statement the company said,…

EcoCash full year EBITDA margins seen 5pct positive

TweetShareSharePin0 SharesBy ETimes Financial services firm IH Securities expects Ecocash Holdings’ (EcoCash) earnings before interest, taxes, depreciation and amortisation (EBITDA) margins to be positive at five percent in the full…

Changes in Tongaat Hulett Botswana will not affect our shareholding – Starafrica

TweetShareSharePin0 SharesBy ETimes Starafrica Corporation Limited says ‘do not see the changes’ in Tongaat Hulett Botswana (THB) affecting its shareholding. This comes as Tongaat Hulett is poised to sell its…

The Banker magazine names Stanbic as bank of the year in Zim

TweetShareSharePin0 SharesBy ETimes Stanbic Bank has been selected 2023 Bank of the Year in Zimbabwe by world renown London-based magazine, The Banker, cementing its place as one of the country’s…

Powerspeed topline up 125,72% in FY23

TweetShareSharePin0 SharesBy ETimes Powerspeed Electrical revenue increased 125.72% to $389.51 billion in the year ending 30 September 2023 from $172.56 billion in the comparative period thanks to volume growth. Like…

BNC H1 loss before tax widens amid softening commodity prices

TweetShareSharePin0 SharesBy ETimes Bindura Nickel Corporation posted a wider first-half loss before tax of US$8.88 million from a US$5.47 million a year earlier owing to low nickel prices. This comes…

Innscor Africa says trading continues to be ‘relatively solid’

TweetShareSharePin0 SharesBy ETimes Innscor Africa expects increased volume growth during the festive period, usually associated with growing demand for products, despite the challenging operating environment. “I don’t really have anything…

CBZ shares gain 5.30% after board changes

TweetShareSharePin0 SharesBy ETimes CBZ Holdings shares on Wednesday gained 5.30% to close at $2,096.50 after board changes. This follows the retirement of CBZ Holdings Limited chairman Marc Holtzman and group…

ANALYSIS| Econet Wireless outlook looks more positive amid rapid dollarisation

TweetShareSharePin0 SharesBy ETimes Financial Performance Highlights Commentary and Analysis The figures above point to stability, with most of the analysis metrics relatively static. So, the main difference maker seems to…

Sino-Zim cement plant back online

TweetShareSharePin0 SharesBy ETimes Sino Zimbabwe Cement Company (Sino-Zim) powered its newly refurbished plant during the week as it came back online after 3 months of no production. The plant upgrade…