FMB Capital making strides in the region
By ETimes First Capital Bank Zimbabwe (FCB) a subsidiary of FMB Capital Holdings (FMBCH) has led the group to a further positive performance in the six months to June 30, 2022. Loan…
Listed firms voice inflation and weather concerns
By ETimes A number of listed firms reported half year results with a few having released quarterly reports. What is common between them is the fight against inflation as they…
Thinking Out Loud – On SDRs and Gold Coins
By Yona Banda The Government of Zimbabwe through the Ministry of Finance and Economic Development recently sought to provide some clarity on the utilization of the Special Drawing Rights (SDRs)…
Invictus Energy launches $20m share placement
By ETimes Oil and gas explorer Invictus Energy was fronting investors with a US$20 million share placement on Friday last week to continue exploration at two wells at its Zimbabwean…
Zimbabwe to launch retooling fund to cater for value addition: FinMin
By ETimes Zimbabwe will introduce a retooling fund to try to incentivise those doing value addition, Finance Minister Mthuli Ncube said on Thursday. The southern African nation has had a…
ZSE opens September with $11.53bn gain
By ETimes The first trading session in the month of September ended on the green side as the local bourse halted four consecutive negative outings as positive outings in CBZ…
Nampak says order book full, wary of forex shortages
By ETimes Packaging manufacturer Nampak Zimbabwe says it continues to be profitable and anticipates a successful end to the fiscal year, but foreign currency sourcing remains a challenge. Volumes, a…