ZSE reverses losses, investors gain $76.87bn
TweetShareSharePin0 SharesBy ETimes Zimbabwe’s equity investors gained about $76.87 billion as the market opened the new week in green, signifying the reversal of a five-day losing streak. The mainstream ZSE…
BNC to ramp up ore volumes after subdued third quarter performance
TweetShareSharePin0 SharesBy ETimes Bindura Nickel Corporation (BNC) says it is focusing on increasing nickel production after reporting disappointing results for the third quarter and nine months ended December 31, 2022…
ART to cut energy demands, costs and consumption by 5%
TweetShareSharePin0 SharesBy ETimes Listed manufacturing group Amalgamated Regional Trading (ART) expects to reduce overall energy needs, expenses, and consumption by 5% per year. This comes as the availability of energy…
‘Currency volatility stifles consumer spending’
TweetShareSharePin0 SharesBy ETimes Starafrica Corporation says the company will continue to tighten its cost mitigation strategies so as to improve productivity and operating profitability across its business units. The Zimbabwe Stock…
Let’s join hands to fight childhood cancer – Premier Auto
TweetShareSharePin0 SharesStaff Writer Premier Auto has urged the business community to join the fight against childhood cancer by capacitating institutions leading cancer relief programmes as well as running awareness campaigns…
ZSE fall for third straight day
TweetShareSharePin0 SharesBy ETimes The Zimbabwe Stock Exchange depreciated for the third consecutive day on Wednesday as the benchmark index dipped by 2.27%. The ZSE All-Share Index dropped 656.98 points to…
Hippo sugar output dives 1%, optimistic of regional export market expansion
TweetShareSharePin0 SharesBy ETimes Hippo Valley Estates says its sugar production for the upcoming 2023/24 season will be marginally above levels achieved this season after suffering a drop in output for…
Govt launches US$10 million gold facility
TweetShareSharePin0 SharesBy ETimes Zimbabwe has launched a US$10 million gold facility meant for mining expansion and value addition. The Artisanal Gold Small Scale Miners Fund (AGSMF) and Gold Service Centre…
Goldstar shuts refinery operations over an increase in raw sugar prices
TweetShareSharePin0 Shares…engages top supplier to find lasting solution Goldstar, the country’s largest sugar producer, temporarily closed its refinery and sent employees on indefinite leave owing to a rise in raw…
Equities reverse gains as investors take profit
TweetShareSharePin0 SharesBy ETimes Following losses suffered by many blue-chip stocks, the Zimbabwe Stock Exchange (ZSE) reversed gains to close on a downward note at the week’s opening. Many speculative buyers…