Baldmin clinches manufacturing deal in DRC
TweetShareSharePin0 SharesBy ETimes Baldmin Projects has clinched a manufacturing deal in the Democratic Republic of Congo (DRC) as the company extends its footprint in the Southern and SADC regions. Baldmin…
Govt pending exceeds quarterly target
TweetShareSharePin0 SharesBy ETimes Government spending rose 15,2 percent above the first quarter of 2023 to $1,1 trillion with employment costs claiming the lion’s share, according to data from the ministry of…
ZSE closes on positive note, up by 1.03%
TweetShareSharePin0 SharesBy ETimes The local bourse closed the week on the upside amid gains emanating mainly from financial services stocks. This resulted in the ZSE All Share Index gaining 1.03%…
FMH profit rose 616% in Q1, to pursue investments in real assets
TweetShareSharePin0 SharesBy ETimes First Mutual Holdings Limited’s first quarter profit was up 616% year on year, underpinned by improved income in an unsteady operating environment. Profit for the period stood…
Stock market opens new week on a positive note
TweetShareSharePin0 SharesBy ETimes The market opened the week in the green buoyed by gains in 14 counters which outweighed losses in 4 counters in today’s session. This saw the ZSE…
Marula Mining appoints William Thompson country manager
TweetShareSharePin0 SharesBy ETimes UK listed miner Marula Mining which announced the establishment of a new mining subsidiary locally, Muchai Mining Ltd, has appointed Mr. William Thompson as its country manager…
Are FX measures doing exactly opposite of what they’re supposed to?
TweetShareSharePin0 SharesBy ETimes It is a widely acknowledged fact that Zimbabwe has struggled with policy consistency and implementation over the years. The country has experienced significant political and economic instability,…
Contango Holdings finally starts production
TweetShareSharePin0 SharesBy ETimes The Lubu coking coal project, owned by London-listed natural resource development company Contango Holdings has begun producing washed coal. This followed dry and wet runs of the wash…
Fidelity Life Assurance new products boost business
TweetShareSharePin0 SharesBy ETimes Listed assurer, Fidelity Life Assurance has said their Vaka Yako product has been a success driving business in the first quarter ending March 31, 2023. Fidelity Life company…
ANALYSIS| Buoyant Lager Sales Drive Delta Corp to ZWL$63.1 bn PAT in FY23
TweetShareSharePin0 SharesBy ETimes Financial Performance Highlights Commentary and Analysis Its a fair set of results for the group, with decent growth in revenues and sales volumes. Analysis puts the USD…