Stock investors lose $25.65bn in midweek session
TweetShareSharePin0 SharesBy ETimes HARARE – Investors on the Zimbabwe Stock Exchange (ZSE) on Wednesday lost $25.65 billion in a trading session amid sell pressure on bellwethers. Specifically, the market capitalisation…
African Sun, financiers discuss standby financing facilities
TweetShareSharePin0 SharesBy ETimes HARARE – Hospitality and tourism group African Sun Limited is in talks with lenders for standby funding to spruce up the image of its hotels amid intense…
ZSE Opens Week Positive, Gains 5.23%
TweetShareSharePin0 SharesBy ETimes HARARE – The first trading session of the new week on the Zimbabwe Stock Exchange closed on a positive note today after trading 5.23% higher. As measured…
Vast Resources prepares to sell 129,400 carats of rough diamonds
TweetShareSharePin0 SharesBy ETimes HARARE – Vast Resources says it is getting ready to sell 129,400 carats of rough diamonds that have been in the custody of the Reserve Bank of…
Hippo decries informal traders, forecasts higher borrowings
TweetShareSharePin0 SharesBy ETimes HARARE – Hippo Valley Estates sugar production for the 5 months to August 2023 declined by 9% 66,319 tonnes from 72,058 tonnes in the comparative period last…
NTS closes 4 branches amid volume performance, locational challenges
TweetShareSharePin0 SharesBy ETimes HARARE – National Tyre Services (NTS) overall unit performance rose 27% in the first 5 months to August this year, underpinned by improved stock supply despite closing…
ZHL says infrastructure, landmark developments drive ‘progressing well’.
TweetShareSharePin0 SharesBy ETimes Zimre Holdings expects to start construction on its first project in the second half of 2023, as the infrastructure and landmark projects programme is moving along nicely.…
ZSE close week positive as benchmark index rises 1.48%
TweetShareSharePin0 SharesBy ETimes The Zimbabwe Stock Exchange ended trading on a positive note Friday, as market capitalisation gained 3.79% to close at $9.8 trillion amid concerns around the depreciating local…
Hippo decries informal traders, forecasts higher borrowings
TweetShareSharePin0 SharesBy ETimes HARARE – Hippo Valley Estates sugar production for the 5 months to August 2023 declined by 9% 66,319 tonnes from 72,058 tonnes in the comparative period last…
BAT hurt by high exchange losses posts $5.1bn loss before tax in H1
TweetShareSharePin0 SharesBy ETimes HARARE – BAT Zimbabwe, a listed cigarette manufacturer, has recorded an inflation adjusted revenue of $71,56 for the half year ended 30 June 2023. The figure represents…