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Month: December 2022

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  • Demand for USD loans likely to remain high – IH

Demand for USD loans likely to remain high – IH

By ETimes ADVISORY firm IH Securities says the Reserve Bank of Zimbabwe’s repricing of interest rates on current loans will push banks to generate significantly more interest income in FY22.…

ANALYSIS| Tanganda Tea Company Targets Value-Addition as FY22 Revenues Hit ZWL$12.2bln

By ETimes *Note: The Company changed its financial year-end in the year 2021 from March to September to align with its agricultural season. Consequently, the financial figures presented are twelve…

ZSE marginal gains led by VFEX bound stocks

By ETimes The marginal gains seen on the Zimbabwe Stock Exchange (ZSE) in midweek trades were driven by stocks that are trading under a cautionary and looking to list on…

Where are the new Air Zimbabwe planes?

…they are important to the economy By ETimes Treasury set aside a budget to purchase new planes for the national carrier, Air Zimbabwe in their 2022 Budget Presentation in November…

OPINION: Ways in which retail investors can grab a slice of private equity cake

By ETimes It is possible that Zimbabwe’s public market, the ZSE is in a secular downward trend, read few to zero new listings and more de-listings to come. Initial Public Offers…

ANALYSIS| Hippo Valley Estates Revenues Hit ZWL$63.1 billion in HY22

…set to Create 1,500 Jobs in Govt Partnership  By ETimes Financial Performance Highlights Commentary and Analysis At face value, it’s a fair set of financial results from Hippo Valley Estates…

ZWL falls against USD in last auction of 2022 as ZSE records marginal gain

By ETimes The marginal gains seen at the Zimbabwe Stock Exchange’s (ZSE) opening this week were sustained in Tuesday’s session. Today’s performance comes as the Zimbabwe dollar closed the last…

OPINION| As Innscor attacks Varun, consumers win

By ETimes There has been a silent war between arguably the country’s largest conglomerate Innscor Africa and Varun Beverages, the manufacturers of Pepsi products locally. Innscor has been off late…

Truworths feel the heat from tight monetary policy

…delays further release of results By ETimes Clothing retailer Truworths says it has suspended all Zimbabwean dollar credit sales occasioned by the tight monetary regime. This month, the apex bank…

ANALYSIS| Weak Revenue Growth as Fair Value Gains Drive ART Holdings to Profitability

By ETimes Financial Performance Highlights Commentary and Analysis On analysis, Amalgamated Regional Trading has generally struggled for consistency in recent years. The groups profit margins have declined noticeably in the…