CFI shareholders reject appointment of Nziradzemhuka, Kudenga to board of directors
TweetShareSharePin0 SharesBy ETimes Shareholders at CFI Holdings rejected the appointments of Chakanyuka Nziradzemhuka and Stanley Kudenga to the board of directors. They were mostly representing Stalap Investments. With 16 years…
Rights Issue Confute: Econet, EcoCash US$30m proposed offer
TweetShareSharePin0 SharesBy ETimes In order to redeem the existing debentures in the capital of both companies, Zimbabwe Stock Exchange (ZSE) listed telecommunications company Econet Zimbabwe and its offshoot, EcoCash Holdings,…
ZSE swing back into positive territory
TweetShareSharePin0 SharesBy ETimes Zimbabwe Stock Exchange (ZSE) swung back into positive territory in midweek trade on renewed risk appetite for stocks. Accordingly, the mainstream ZSE All Share Index rose 1.11%…
Dollarisation, inflationary pressures choke Bridgefort shares
TweetShareSharePin0 SharesBy ETimes Bridgefort Capital, formerly MedTech Holdings, says the operational environment remained challenging and unpredictably structured in 2022, making shares unappealing to the market. This comes as business activities…
Official exchange rate crosses 1000 mark as ZSE halts gains
TweetShareSharePin0 SharesBy ETimes The Zimbabwe Stock Exchange (ZSE) declined on Wednesday as the mainstream index fell 0.26% but the loss was powerful enough to cancel the pre-independence holiday gains at…
Air Zimbabwe must not get preferential treatment
TweetShareSharePin0 SharesBy ETimes The minister of transport and infrastructural development Hon. Felix Mhona, urged the national carrier, Air Zimbabwe to move with the times and be more competitive as the…
Data usage up 18.4% in 2022, power cuts might impact internet addiction
TweetShareSharePin0 SharesBy ETimes Zimbabwe’s mobile internet and data usage increased by 18.4% to 113,857 terabytes in 2022 from 96,194 terabytes in 2021, according to the latest Postal and Telecommunications Regulatory…
ZSE reverses losses, investors gain $28bn
TweetShareSharePin0 SharesBy ETimes On Monday, equities trading at the Zimbabwe Stock Exchange (ZSE) ended bullish to halt four consecutive negative outings, as positive outings by Econet and other mid-tier stocks…
Number of passengers at Zim airports rises to 1.56 mln in 2022
TweetShareSharePin0 SharesBy ETimes The number of air passenger movements across all the country’s airports increased by 108.74% to 1.56 million in 2022 from 747,404 in 2021, with Robert Gabriel Mugabe…
Equities market records marginal loss
TweetShareSharePin0 SharesBy ETimes The Zimbabwe Stock Exchange recorded a marginal loss as the All Share Index (ASI) declined by 0.09% to close at 36,174.67 points. Market capitalisation declined by $10,33…