ANALYSIS| Hefty Barzem Loss Provisions Drag Zimplow to ZWL$1.3 bln Loss in FY22
TweetShareSharePin0 SharesBy ETimes Financial Performance Highlights Commentary and Analysis In implied US dollar terms, revenue was down in the groups key segments, with Mining and Infrastructure taking a big hit…
Bullish run continues as equities market rises by $344.72bn
TweetShareSharePin0 SharesBy ETimes The Zimbabwe Stock Exchange (ZSE) advanced by $344.72 billion as investors continued to digit a flurry of first quarter corporate earnings released on the local bourse as…
ANALYSIS| Recovering Tourism Drives African Sun Revenues to ZWL$31.8 billion in FY22
TweetShareSharePin0 SharesBy ETimes Financial Performance Highlights Commentary and Analysis Though obscured somewhat by the bargain gains reported in the previous financial year, its a strong performance by the hospitality group.…
Turnall commits to remain listed
TweetShareSharePin0 SharesBy ETimes Turnall announced that it will remain listed despite its two major shareholders increasing their ownership in the listed manufacturer. Company secretary Lizzy Samunda in a statement said, “Zimbabwean…
ZSE extends bullish run fourth straight session, ASI gains 9.5%
TweetShareSharePin0 SharesBy ETimes Equities trading on the Zimbabwe Stock Exchange (ZSE) extended gains for the fourth day in a row on Tuesday. The All- Share Index appreciated by 9,50% to…
ANALYSIS| Operating Environment Weighs on Dairibord as FY22 After Tax Profits Hit ZWL$1.8 bln
TweetShareSharePin0 SharesBy ETimes Financial Performance Highlights Commentary and Analysis Its a financial performance that was weighed down by the general challenges associated with the local business environment. The reduced cash…
Caledonia Mining production slips 13% in Q1
TweetShareSharePin0 SharesBy ETimes Gold producer Caledonia Mining announced Q1 2023 gold production of 16,141 ounces from its Blanket and Bilboes mines, down 13% compared to Q1 2022 production of 18,515…
NMB biting a piece of the remittance cherry
TweetShareSharePin0 SharesBy ETimes NMB Zimbabwe (NMB) a financial services provider said it has successfully launched its remittance arm, NMBRemit as a way to increase its products to the general population. Violet…
ZSE Sustain Bull Run for Third Session
TweetShareSharePin0 SharesBy ETimes For the third consecutive session, the Zimbabwe Stock Exchange (ZSE) maintained its bull run on Monday. Meanwhile, the ZSE has instituted a trading halt at 12:38 am…
Zim’s first quarter platinum output jumps 3pct
TweetShareSharePin0 SharesBy ETimes Zimbabwe’s platinum output for the first quarter of 2023 increased by three percent to 121 000 ounces, lifted by ongoing project developments, the World Platinum Investment Council…