CAFCA sweats over increased competition in export markets
By ETimes Listed cable manufacturer CAFCA says its export volumes for the financial year ended 30 September 2022 declined by 10% from the comparative period owing to foreign currency constraints…
ZSE begins week positive, gains $57.51bn
By ETimes The Zimbabwe Stock Exchange continued with its upward trend for eight consecutive sessions, with investors recording $57.51 billion in gains at the close of trade. Analysis of the…
RBZ to mint more gold coins if necessary
By ETimes The Reserve Bank of Zimbabwe (RBZ) says it will not hesitate to mint more gold coins if the market demands them, defying the International Monetary Fund suggestions. “The Bank…
Elections a major risk to monetary policy: IH Securities
By ETimes Brokerage firm, IH Securities said the monetary policy remained on course but there was downward pressure from the impending elections pressure. IH Securities noted that the central bank has…
IH says fundamentals point to a bullish stock market in 2023
…as investors gain $120,12bn By ETimes The Zimbabwe Stock Exchange ended the week’s trading session on a positive note, as the mainstream ZSE All-Share Index (ASI) rose by 4.77% to…
ZSE extends gains as RBZ trims policy rate to 150%
By ETimes The Zimbabwe Stock Exchange maintains its northward movement for the sixth consecutive session. The mainstream ZSE All Share Index gained 0.82% to close at 23,653.77 points. Today, the…
Interest rates review ‘interests’ industry
By ETimes Consistent with the current and expected inflation outturn, the Governor said, with effect from February 1, 2023, the bank policy rate will drop from 200 percent per annum…
EcoCash in digital and fin tech drive
By ETimes Listed diversified technology group, EcoCash Holdings has committed to give its stakeholders value through enhanced digital and financial technologies. In a trading update for the third quarter ending…
ARS sees Zim growth slowing to 1.5% in 2023
By ETimes Zimbabwe’s economic growth will slow to 1.5% this year, the local think tank Akribos Research Services (ARS) said in its latest investment markets playbook 2022 review and 2023…
Zim dollar crosses 800 mark in continuation fall against USD
By ETimes The Zimbabwean dollar depreciated by 2.86% against the United States dollar in Tuesday’s trade to close the week at $801.60, as demand for foreign currency surged to the…