Old Mutual-backed Innovation Hub upskills tech start-ups
Staff Writer THE Eight2Five Innovation Hub, together with Old Mutual Zimbabwe (OMZ), has commenced its cloud computing upskilling programme for local technology and information communication technology (ICT) entrepreneurs and start-ups.…
ZSE extends losing streak to six days
By ETimes The Zimbabwe Stock Exchange fell further on Thursday, extending its losing streak to six consecutive trading sessions. At close, the mainstream ZSE All Share Index shed 1.41% to…
High-cost structure to weigh down mining sector profitability prospects: Report
By ETimes Players in the mining sector are losing up to 20% of their production potential owing to power shortages, latest data shows. Currently, the mining sector makes up 73%…
Caledonia in another fruitful quarter despite inflation
By ETimes Caledonia Mining’s revenues rose by 21 percent in the latest quarter as production from its Blanket gold mine hit another new record. The Zimbabwe-focused miner says production this year…
Mining sector exports poised to reach US$5.3bn by year end
By ETimes The mining sector’s export revenue totaled US$4.5 billion in the first 10 months of 2022 and the mining sector has financed 70% of the country’s imports over the…
Liquid’s software defined network service set to empower online businesses
ETimes Fibre optic network and cloud solutions provider Liquid Dataport on Tuesday launched a software defined network (SDN) service, Dataport, to enable users, including online businesses, to scale and tailor…
Selling party continues on ZSE in Wednesday session
By ETimes The ZSE All Share Index was down a further 211.08 points or 1,41 percent on Wednesday to close the session at 14 734.58 points. The heavyweight stocks drove…
Stuttering big caps see ZSE extend losing streak
By ETimes The local bourse extended its losing streak on Tuesday by 0.70% due to losses in some highly capitalised stocks. The market closed negative with 15 laggards relative to…
High interest rates risk pushing the economy into recession, experts say
By ETimes The economy may be edging toward a recession occasioned by high interest rates that are slowing aggregate demand, said former Finance Minister Tendai Biti. In September 2022, the…
ZSE extends losses to three sessions on Monday
By ETimes The local bourse opened the week negative, extending its losing streak for the third consecutive session as investors’ investment declined by $7.14 billion. The ZSE announced that the…