Equities open week with 0.02% marginal gain
By ETimes The Zimbabwe Stock Exchange (ZSE) recorded a marginal gain of 0.02% on Monday, with market breadth closed at par with 5 gainers and 5 losers. Accordingly, market capitalisation…
BNC H1 loss before tax widens amid softening commodity prices
By ETimes Bindura Nickel Corporation posted a wider first-half loss before tax of US$8.88 million from a US$5.47 million a year earlier owing to low nickel prices. This comes as…
Australian miner picks two mines for US$60 000
By ETimes MetalsGrove Mining (MGA) has entered into a strategic agreement to acquire six, contiguous and highly prospective lithium-tin-tantalum claims from two mines, in what the company considers a “transformational”…
Innscor Africa says trading continues to be ‘relatively solid’
By ETimes Innscor Africa expects increased volume growth during the festive period, usually associated with growing demand for products, despite the challenging operating environment. “I don’t really have anything further…
ANALYSIS| Ordinary citizen at the centre of Govt’s resource mobilization strategies
…as budget figures become more astronomical each year By ETimes BUDGET OVERVIEW Overall Expenditure Structure Expenditure by Function Infrastructure Expenditure KEY POLICY DEVELOPMENTS COMMENTARY AND ANALYSIS The initial take is…
We stand ready to support you – IMF to Zim on new SMP
By ETimes The International Monetary Fund (IMF) says it stands ready to support Zimbabwe with its request for a new Staff Monitored Program (SMP) which was poised to begin in…
CBZ, Hippo and Tanganda lift ZSE amid foreign sell-off
By ETimes Gains in CBZ, Hippo and Tanganda were enough to see the stock market close Thursday in the black as concerns over the country’s economic direction continue to push…
CBZ shares gain 5.30% after board changes
By ETimes CBZ Holdings shares on Wednesday gained 5.30% to close at $2,096.50 after board changes. This follows the retirement of CBZ Holdings Limited chairman Marc Holtzman and group chief…
FinMin commits US$500K towards coffee bean processing
By ETimes Zimbabwe will allocate US$500,000 towards the setting up of a coffee bean facility in Manicaland so as to earn more foreign currency from the product, an official said.…
RioZim LTI declines but records 2 fatalities in 2022
By ETimes Mining firm RioZim revealed that there was a notable decline in Lost Time Injuries (LTI) across the group, totalling 9 in 2022 compared to 14 recorded in 2021.…