Investors gain $82.77bn in bullish trading
TweetShareSharePin0 SharesBy ETimes Investors in the Zimbabwe Stock Exchange on Tuesday recorded a gain of $82.77 billion as the market maintained its bull run. The ZSE All Share Index rose…
First quarter milk output in Zimbabwe up 5%
TweetShareSharePin0 SharesBy ETimes Milk production in Zimbabwe increased by 5% in the first quarter of 2023, official data showed on Tuesday. In Q3 2023, milk output stood at 22.61 million…
ANALYSIS| NMBZ Looks for Growth in Diversification as Profits Hit ZWL$12 billion in FY22
TweetShareSharePin0 SharesBy ETimes Financial Performance Highlights Commentary and Analysis Operating income growth at 63% against 57% growth in operating expenditures paints a less flattering picture than the headline 87% after tax…
Arcadia Mine on trial run
TweetShareSharePin0 SharesBy ETimes Huayou Cobalt’s, Arcadia Lithium Mine, successfully produced the first batch of its products after it commenced trial production at its Goromonzi mine, nearly a year after the…
ZSE rally continues amid high turnover
TweetShareSharePin0 SharesBy ETimes The Zimbabwe Stock Exchange gained for the second day in a row, lifted mostly by select blue-chip gains and medium cap stocks. Turnover improved from yesterday to…
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…