• Tue. Nov 29th, 2022

Month: November 2022

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  • Weaker Rand sends mixed feelings in the economy

Weaker Rand sends mixed feelings in the economy

By ETimes South Africa is Zimbabwe’s biggest trading partner and the rand has plunged to an all-time low breaching 18 to the dollar on the back of rising inflation and…

ZSE adds gains on Wednesday as Caledonia increases footprint

By ETimes The bullish run on the Zimbabwe Stock Exchange persisted on Wednesday, with the market indicators increasing further by 0.10%. At close, the ZSE All Share Index, thus, gained…

Caledonia adds Motapa mining prospect to its portfolio

By ETimes Caledonia Mining Corporation which has a secondary listing on the foreign currency denominated Victoria Falls Stock Exchange announced that it acquired more gold exploration property in Motapa Mining…

ZSE gains on Tuesday despite thin trades

By ETimes Zimbabwe has seen its maize import bill drop by 81,78 percent in the eight months to August 2022 according to the latest figures released by the Zimbabwe Statistics…

ZSE opens week positive, gains $16.56bn

By ETimes The Zimbabwe Stock Exchange market capitalization on Monday rose $16.56 billion to $1.82 trillion, up from the $1.8 trillion it closed the previous session with. It followed the…

Lubu Coal Project to install coal wash plant 

By ETimes Contango Holdings, the London listed natural resource company developing the Lubu Coal Project in the Zambezi basin has said it will begin coal wash plant installation this quarter…

Bulawayo tourism gets Ethiopian Airlines boost

By ETimes Bulawayo as a business and tourist town has received a boost as Ethiopian Airlines, Africa’s leading carrier, launched a new flight to the city via Victoria Falls. The airline…

Innscor Africa plans US$56mln investment in expansion projects

By ETimes Fast food and retail group Innscor Africa is optimistic that dependable, pro-business measures and policies will be implemented by authorities, resulting in encouraging additional expansion investment into domestic…