Willdale abandons proposed sale of idle assets
TweetShareSharePin0 SharesBy ETimes Listed brick maker Willdale has issued a cautionary statement advising their shareholders that the firm has abandoned its intended to dispose of certain idle assets. Company secretary Mavuto Munginga…
Z$ depreciation takes toll on investors as equities fall for second day
TweetShareSharePin0 SharesBy ETimes The Zimbabwe Stock Exchange extended falls for the second day as sentiment started to weaken amid the continued free fall of the local currency against the greenback.…
Economy fragility an effect of elections
TweetShareSharePin0 SharesBy ETimes FBC Securities, a broking firm in its first quarter report said the economy is in a fragile state as the country awaits the much anticipated harmonized elections.…
Vast’s closure settlement process in Zim poised for end of April
TweetShareSharePin0 SharesBy ETimes Vast Resources expects the settlement process in Zimbabwe to be completed by the end of April or the early half of May. In February of this year,…
ZSE resumes after Easter break with $35.8bn loss
TweetShareSharePin0 SharesBy ETimes The Zimbabwe Stock Exchange (ZSE) resumed after the Easter public holidays on Tuesday with a loss of 1.19% due to profit taking. This comes as the International…
Econet lion’s share of Internet and data traffic down 2.1%
TweetShareSharePin0 SharesBy ETimes Zimbabwe’s mobile Internet and data traffic increased by 3.4% to 33,576.4 terabytes in the fourth quarter of 2022 from 32,473.1 terabytes consumed in the third quarter of…
Tungwarara develops one stop shop mobile App
TweetShareSharePin0 SharesETimes PREVAIL International has developed the first Zimbabwean-owned chat application called ‘Talk Chart’ which allows people to connect seamlessly from any part of the world. Prevail International Group chairman,…
ZSE record marginal gains
TweetShareSharePin0 SharesBy ETimes The Zimbabwe Stock Exchange the mid-week trading session on a bullish note following gains recorded majorly by mid-tier and select heavyweight stocks. The key market performance measure,…
ZHL full year GPW buoyed by real business growth
TweetShareSharePin0 SharesBy ETimes Zimre Holdings Limited (ZHL) reported a 13% rise in inflation adjusted gross premium written (GPW) for the year ended 31 December 2022 buoyed by real business growth…
Simbisa continues on expansion drive in 2023
TweetShareSharePin0 SharesBy ETimes The Victoria Falls Stock Exchange listed fast foods retailer, Simbisa in its half year results said it will open 49 stores until the close of its financial…