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…
Afdis estimates full year FX revenue to be US$49.4 million
TweetShareSharePin0 SharesBy ETimes Volumes, a key indicator of demand, for Afdis rose 18% for the year ended 31 March 2023, compared to the comparative period, as it now focuses on…
ZSE reverses losses as FinMin announces measures to stabilise forex market
TweetShareSharePin0 SharesBy ETimes The Zimbabwe Stock Exchange reversed losses to close on an upbeat note, following gains in 18 stocks. This comes as the Treasury expressed concern over the continued…
Turnall minority shareholders to bail out
TweetShareSharePin0 SharesBy ETimes Listed consumer discretionary firm Turnall Holdings has dramatically withdrawn its cautionary statement in which it said it was seeking a rights offer in order to finance recapitalization.…
Is gold-backed digital token panacea to macroeconomic vagaries?
TweetShareSharePin0 SharesBy ETimes The highly anticipated gold-backed digital token has hit the market despite some mixed feelings from the market on whether it will survive its purpose. A gold-backed digital…
ZSE market cap breaches $5 trillion mark
TweetShareSharePin0 SharesBy ETimes The Stock Market edged higher on Tuesday after a 9.80% improvement in the mainstream index as the economy is moving towards full dollarization. This comes as the…