Fresh Non-Performing Loans risk looms
By ETimes Zimnat Asset Management through its weekly economic report warned that a fresh round of dollarization driven by the extension for use of US Dollars might result in the…
Elephant Hills Resort and Conference Centre refurb to commence soon: Afsun
By ETimes African Sun, one of the country’s leading hospitality companies, has announced that it will be shifting its focus to the second phase of refurbishing the iconic Hwange Safari…
NMB shares rose 3.71% after appointing Pearson Gowero as chair
By ETimes NMB share price surged over 3% on Friday’s session following the appointment of Pearson Gowero, a seasoned business leader, as chairman of the bank. He is taking over…
Unifreight says cross border strategy ‘is proving to be an effective model’
By ETimes Listed logistics firm Unifreight Africa recorded earnings before interest, taxes, depreciation and amortisation profit of $3,4 billion in the third quarter of 2023, a remarkable year-over-year reversal from…
ZSE sustains gain for second consecutive days
By ETimes The Zimbabwe Stock Exchange gained for the second consecutive session as market capitalisation increased by $78.58 billion to close at $14.02 trillion from $13.94 trillion on Wednesday. Accordingly,…
CBZ Holdings reports 696.1% YoY profit surge in 9 months
By ETimes The net profit for the first nine months of 2023 at CBZ Holdings was $636.64 billion, up 696.1% from $79.97 billion in the comparative period, according to financial…
SME Banking: The Next Frontier?
By Yona Menon Banda The increasing speed and scale of change affecting the world has underlined the adage that change is the only true constant. Everyday, emerging technologies and evolving…
Dairibord share price drops despite strong Q3 sales growth
By ETimes HARARE – Dairibord shares slipped 0,17 percent on Wednesday, notwithstanding sales growth reported by the company in its nine-month and third quarter ending 30 September 2023 which were…
Equities drop further by 0.29%
By ETimes HARARE – At the close of trading on Tuesday, the Zimbabwe Stock Exchange depreciated further by 0.29% as investors chose to take profit. Consequently, the ZSE All-Share Index…
Caledonia hit by disappointment over Bilboes oxide mine operating losses
By ETimes HARARE – Gold producer Caledonia Mining says the Bilboes oxide operation has been a letdown and has been placed back into care and maintenance owing to operating losses.…