ARS sees Zim growth slowing to 1.5% in 2023
TweetShareSharePin0 SharesBy ETimes Zimbabwe’s economic growth will slow to 1.5% this year, the local think tank Akribos Research Services (ARS) said in its latest investment markets playbook 2022 review and…
Zim dollar crosses 800 mark in continuation fall against USD
TweetShareSharePin0 SharesBy ETimes The Zimbabwean dollar depreciated by 2.86% against the United States dollar in Tuesday’s trade to close the week at $801.60, as demand for foreign currency surged to…
Zim’s score in the 2022 corruption survey remains unchanged
TweetShareSharePin0 SharesBy ETimes Zimbabwe’s ranking remained unchanged at 157 out of 180 countries in the 2022 Corruption Perception Index (CPI), with its CPI score also unchanged at 23, according to…
IH says fundamentals point to a bullish stock market in 2023
TweetShareSharePin0 Shares…as mid-tier caps lift market index By ETimes The Zimbabwe Stock Exchange opened the week on a positive note, extending its bullish sentiment to three consecutive trading sessions. Today’s…
Analysing the progress of the Africa Continental FTA
TweetShareSharePin0 SharesBy ETimes It has been two years since the Africa Continental FTA (AfCFTA) came into effect. Great expectations were attached to it, as it fulfilled a major goal for…
Nampak Zimbabwe intends to work on new ‘significant’ capital projects
TweetShareSharePin0 Shares…after spending $1.66bn on capex in FY22 By ETimes Nampak Zimbabwe says it spent $1.66 billion on capital expenditure for the year ended 30 September 2022 and is now…
Zimbabwe GDP growth to grow by 2.4% in 2023 – Fitch Solutions
TweetShareSharePin0 Shares…as mid-tier stocks drive ZSE to a marginal gain The Zimbabwe Stock Exchange on Friday gained 0.14%, extending bullish sentiment to two consecutive trading sessions. As a result, the…
SeedCo Ltd expects full year volume growth after quarterly revenue jump
TweetShareSharePin0 SharesBy ETimes SeedCo Limited, the country’s biggest seed producer, says it expects full year volume growth as well as a rise in the proportion of foreign currency sales despite…
Equities regain steam, turnover rises to $1.18bn
TweetShareSharePin0 SharesBy ETimes The Zimbabwe Stock Exchange steadied on Thursday after one day of losses as the mainstream index jumped 1.35%. Analysts expect the market to gain momentum as investors…
Batoka Hydropower scheme turns to AfDB for funding
TweetShareSharePin0 SharesBy ETimes Zambia and Zimbabwe want the African Development Bank (AfDB) to help revamp plans for the joint development 2,400MW Batoka Hydropower Scheme after General Electric and China’s Power…