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Month: September 2022

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  • The List of Exchange Traded Funds on the Zimbabwe Stock Exchange

The List of Exchange Traded Funds on the Zimbabwe Stock Exchange

…Profiling ETFs on the ZSE By Albert Nangara An exchange-traded fund (ETF) is a marketable security that tracks an index, sector, commodity, or other asset but can be purchased or…

NTS embarks on a restocking program after receiving USD facility

By ETimes National Tyre Services (NTS) says it is working on a restocking program to cater for the forthcoming busy season after receiving a US dollar facility from its bank.…

Heavyweight stocks pull ZSE to an 8% midweek gain

By ETimes The local bourse had another solid trading session during the midweek session, as the ZSE All Share Index rose by 8.67% to close at 15,023.86 points. This was…

Fibro Contracting applauds construction drive for better business

Fibro Contracting has applauded government on their ‘Open for Business’ mantra as they have seen an increase in business in the past two years. The company said construction is not…

ANALYSIS| Starafricacorp Eyes Volume Growth as FY2022 Sales Hit ZWL$13bn

By Yona Banda Financial Performance Highlights Listed sugar refiner Starafricacorporation earned an inflation adjusted Net Profit After Tax of ZWL$797.3 million for its financial year ended 31 March 2022. The…

Inflation subsides in September

By ETimes The Zimbabwe Statistics Agency (ZIMSTAT) said the country’s month – on – month and annual inflation cooled down in the month of September as food inflation slowed down.…

ZSE turnaround continues as inflation cools

By ETimes The bullish run in the stock market occasioned by the release of half year results continued in the week’s opening but under weak activity as the liquidity crunch…

African Sun Bouyed by Rebounding Tourism as After Tax Profits Reach ZWL$6.1bn

By Yona Banda Financial Performance Highlights Listed hospitality and tourism group African Sun Limited announced net profit after tax of ZWL$6.1 billion for its half year ended 30 June 2022.…

Investors gain $128.51bn as equities close higher

By ETimes Trading activities on the Zimbabwe Stock Exchange (ZSE) on Friday ended on a positive note, occasioned largely by gains in select heavyweights. The mainstream ZSE All Share Index…

ANALYSIS| Regional Business Thrives as First Mutual Holdings GPW Hits ZWL$22bn

By ETimes Financial Performance Highlights Listed insurance group First Mutual Holdings announced a ZWL$16.9 billion for its half year period ended 30 June 2022. In inflation adjusted terms, the groups…