Price pressures will ease back in 2023 in all African states except Zim: EIU
By ETimes The Zimbabwean dollar will be among the weakest currencies in the world next year, a new report shows. Since May, the southern African nation has instituted a number…
Equities reverse losses, investors gain $4.6bn
By ETimes The Zimbabwe Stock Exchange reversed a negative trend of eleven day losses with a $4.6 billion gain on Friday amid impact of fiscal challenges. Accordingly, the ZSE All-Share…
African Sun YTD occupancies rose to 45%, cautiously optimistic about outlook
By 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 45%…
Weak Revenue Growth As EcoCash Holdings Incurs ZWL$491mln Half-Year After Tax Loss
By Yona Banda Financial Performance Highlights Listed fintech group EcoCash Holdings announced a ZWL$2.6 billion after tax loss for its half-year ended 31 August 2022, down 81% from the 2021…
ZB Ranks No. 2 on Firms with highest Half Year USD Earnings Increases in Africa
By ETimes …as Equities extends negative outlook The Zimbabwe Stock Exchange (ZSE) extended its negative trend for the eleventh day in a row, as the ZSE All Share Index fell…
Delta embarks on capacity expansion drive in FY23
By ETimes Listed beverage maker, Delta Beverages embarked on capacity growth across all its sectors with four new production lines to be commissioned in the next six months. The beverage producer…
Heavyweights drive ZSE to a 0.93% fall
By ETimes During the mid-week trading session, the ZSE All Share Index lost 129.89 points or 0,93 percent to close the trading session at 13 808.13 points. The Top 10…
Hyperinflation in Zimbabwe skews PPC’s results
By ETimes Cement maker PPC says it is having difficulty producing group financial results due to inflation accounting in Zimbabwe, and that it would be more prudent to examine the…
Proplastics spends US$2.7mn on capital equipment in first 9 months
…but demand for group products likely to remain flat By ETimes Proplastics says it will continue to implement a number of initiatives aimed at improving top-line and bottom-line performance despite…
ZSE extends losses by $16.31bn
By ETimes The Zimbabwe Stock Exchange ended Tuesday’s trading session on a negative note. Accordingly, the mainstream All Share Index dipped by 0.70% to close at 13,938.02 points. The market…