OK Zimbabwe shares fall on delayed full-year results
TweetShareSharePin0 SharesBy ETimes HARARE – Retail giant OK Zimbabwe shares dropped on Monday after it reported that its full-year results will be delayed. Its share price depreciated by 7.75% to…
USD loan to remain high, further intensifying dollarisation trend – IH
TweetShareSharePin0 SharesBy ETimes HARARE – The demand for comparably more affordable US dollar loans will remain high, eventually accelerating the present dollarisation trend, IH Securities has warned. The southern African…
Market starts September on positive note, up 2.63%
TweetShareSharePin0 SharesBy ETimes HARARE – The Zimbabwe Stock Exchange started the new month of September on a positive note as investors’ confidence was bolstered toward listed corporates following favourable policies…
First Capital posts US$9,05m half year profits
TweetShareSharePin0 SharesBy ETimes Victoria Falls Stock Exchange (VFEX) listed financial services provider First Capital Bank (FCB) posted an adjusted profit of US$9,05 million for the six months to June 2023.…
ZSE gains 0.10%, announces changes in circuit breakers
TweetShareSharePin0 SharesBy ETimes The Zimbabwe Stock Exchange rose by 0.10% on Tuesday to close at 122,353.47 points. Market capitalisation increased by 0.98% to $9.64 trillion. On the other hand, the…
Strive Masiyiwa the Empire
TweetShareSharePin0 SharesStrive Masiyiwa, Zimbabwe’s wealthiest individual and an enterprising visionary based in London, is one of the top players in Africa’s mobile telecom industry. He’s the driving force behind Econet…
ZSE opens week bullish as ZIMRA collects US$1.32 billion in H1
TweetShareSharePin0 SharesBy ETimes The Zimbabwe Stock Exchange (ZSE) started the week positive with a 0.91% gain and investors gained $125.14 billion on Monday. The mainstream ZSE All-Share index increased by…
CAFCA share price closes flat despite forex sales surge
TweetShareSharePin0 SharesBy ETimes CAFCA’s share price closed flat on Monday despite recording a significant increase in the proportion of foreign currency sales during the quarter ended June 30, 2023 to…
Turnall raises US$8 million through rights issue
TweetShareSharePin0 SharesBy ETimes Turnall Holdings, a building material manufacturer, says it has raised $36.94 billion for recapitalisation through a rights issue of 3.8 billion shares. Rights are typically offered by…
Equities fall as election results trickle in
TweetShareSharePin0 SharesBy ETimes The Zimbabwe Stock Exchange (ZSE) dropped on Friday as the recently completed harmonised elections in the country have drawn criticism from election observer missions. The Southern African…