ZSE extends bullish sentiment to 4 consecutive sessions
By ETimes For the fourth consecutive session, trading activities on the Zimbabwe Stock Exchange (ZSE) ended bullish on Friday. The ZSE All Share Index gained 1.60% to close at 38,568.48…
Chikwata lands Khaya Cement biggest post
By ETimes Lafarge Cement Zimbabwe Ltd has appointed Innocent Zulu Chikwata as substantive Chief Executive Officer (CEO) following his acting stint which was effective from December 1, 2022 replacing Goeffrey…
FCB USD deposit growth drives forex loans
By ETimes Listed financial First Capital Bank (FCB) released its 2022 full year financials where it recorded increased deposits in the year from across all sectors of the economy. The…
Bulls persist as equity investors earn over $20bn
By ETimes The Zimbabwe Stock Exchange extended bullishness on three consecutive trading sessions as more highly-capitalised stocks appreciated in price, resulting in a further rise in the ZSE All-Share Index…
Willdale expects profitability rebound in H2 after revenue growth
By ETimes Willdale inflation-adjusted revenue for the first five months to February 2023 increased by 30% compared to the same period in the prior year, despite the challenging operating environment.…
Profits Rebound to ZWL$17bn as Mash Holdings Taps Investor Demand
By ETimes Financial Performance Highlights Commentary and Analysis Zimbabwe’s real estate sector has drawn increasing attention as local investors look for safety against inflation risk or a secure store of…
ZSE ascends for second trading day, investors gain $3.55bn
By ETimes The Zimbabwe Stock Exchange (ZSE) advanced for the second trading session on Wednesday in continuation of a swift rally that began on Tuesday, pushing the benchmark index further…
Govt backs US$193m loan with royalties
By ETimes Government has signed a US$193,3 million hospital and health centre construction financing deal with South African bank ABSA and Standard Bank Limited Zimbabwe. The financing deal kicks off the…
ANALYSIS| Axia Corp Defies Consumer Depression with $9bn Profit, Targets Expansion
By ETimes Financial Performance Highlights Commentary and Analysis It is a fair set of financial results in an economy not configured to support high-value credit-oriented retail – with its low formal…
Empowering women: Old Mutual Hosts IWD 2023 to Drive Equity and Well Being
Staff Writer Old Mutual Women’s Network (OWN) will commemorate International Women’s Day (IWD) for 2023 on 31 March 2023. Women from all walks of life will come together to discuss…