Heavyweights drive ZSE to a 0.93% fall
By ETimes During the mid-week trading session, the ZSE All Share Index lost 129.89 points or 0,93 percent to close the trading session at 13 808.13 points. The Top 10…
Hyperinflation in Zimbabwe skews PPC’s results
By ETimes Cement maker PPC says it is having difficulty producing group financial results due to inflation accounting in Zimbabwe, and that it would be more prudent to examine the…
Proplastics spends US$2.7mn on capital equipment in first 9 months
…but demand for group products likely to remain flat By ETimes Proplastics says it will continue to implement a number of initiatives aimed at improving top-line and bottom-line performance despite…
ZSE extends losses by $16.31bn
By ETimes The Zimbabwe Stock Exchange ended Tuesday’s trading session on a negative note. Accordingly, the mainstream All Share Index dipped by 0.70% to close at 13,938.02 points. The market…
Unlocking Smallholder Agriculture – A Case For Broader Agri-Financing
By Yona Banda According to the 2019 Zimbabwe Poverty Report, an estimated 49% of the country’s population earned its livelihood from farming activities. That farming-reliant population represented 69% of the…
Analysis: REITs the future of Zimbabwe’s vision 2030
By Stephen .T .Chifamba Infrastructure Real Estate Investment Trusts (REITs), which have been rolled out in Zimbabwe for more than one year through the latest law amendment, have been receiving…
RBZ pays US$170k towards Bridgefort Capital legacy debt
By ETimes Bridgefort Capital, a Zimbabwe Stock Exchange (ZSE) listed firm, has said the Reserve Bank of Zimbabwe (RBZ) paid part of its legacy debt in Q3 to September 2022. The…
Equities opens the week with $54.78bn loss
By ETimes The Zimbabwe Stock Exchange opened the week in the red as a liquidity crunch amid the projected economic uncertainty continued to weigh on investors’ sentiment. The ZSE All-Share…
ANALYSIS| Localized Production, Rising Volumes Drive Afdis to ZWL$585mn H1 Profit
By Yona Banda Financial Performance Highlights Listed spirits manufacturer African Distillers (Afdis) Limited saw its inflation adjusted half-year profits rise by 234% to ZWL$584.5 million. The group’s gross profit climbed…
Can Agriculture Insurance Improve Food Security – And Why Does It Matters?
By Newton Mambande With almost 70 percent of Zimbabwe’s population living in rural areas, most of them heavily depend on agriculture. Agriculture is their main source of income and the driver…