ZSE opens week positive as ZiG stays stronger
By ETimes HARARE – Transactions on the local bourse closed bullish on the first trading day of the week on Monday amid market scepticism over the new currency. Today’s performance…
Baldmin Projects inks lucrative deal with Chinese firm
By Stephen Chandisareva HARARE – Baldmin Holdings has entered into a partnership with Henan Fote Heavy Machinery of China, which will see it distribute and sell warehouse spares, mining equipment…
Kavango’s assay results point to million ounces of gold at Hillside Project
By ETimes HARARE – Kavango Resources’s first assay results confirm the potential of its Hillside Prospect 4 gold project (Prospect 4) in Matabeleland, southern Zimbabwe, to host over 1 million…
Vic Falls hotels occupancy rose 2% during Easter holiday
By Stephen Chandisareva HARARE – Hospitality Association of Zimbabwe (HAZ) has confirmed that Victoria Falls hotels have reached a 58 percent occupancy rate during the Easter holiday. Traditionally, patronage for…
ZSE in red ahead of Independence holiday
HARARE – The Zimbabwe Stock Exchange (ZSE) closed further in the red zone on Wednesday, leading to its mainstream All Share Index depreciating to 96.95 points, down by 1.49 points…
Is ZiG in sync with BRICS’ golden path?
By ETimes Assuming that Zimbabwe has the resources to contribute as a paid-up member, there could be benefits to joining the New Development Bank (NDB). This comes as the southern…
Equities see further decline, investors lose ZiG670.68 million
By ETimes HARARE – Investors on the local bourse lost ZiG670.68 million at the end of trading and extended losses from the previous session as the market took time to…
ZSE lukewarm on ZiG currency debut
By ETimes The past week marked the beginning of the usage of the Zimbabwe Gold (ZiG) currency in Zimbabwe after the Reserve Bank of Zimbabwe’s 2024 Monetary Policy which phased…
FY2023| Masimba receives adverse opinion from external auditor
By Stephen Chandisareva HARARE – Construction firm Masimba Holdings has received an adverse opinion from its external auditor, Grant Thornton for its 2023 financial results. The main issue raised by…
Policy discipline key for ZiG success – Old Mutual Securities
By ETimes The Reserve Bank of Zimbabwe (RBZ) governor Dr John Mushayavanhu in his latest Monetary Policy Statement (MPS) said the country is abandoning its foreign currency auction system and…