• Mon. Mar 4th, 2024

Choppies sees earnings per share growth of up to 115% in FY2022

By ETimes Choppies expects full-year basic earnings per share to rise between 95% and 115%, the Fast Moving Consumer Goods retailer said recently, but is currently finalizing its financial results…

Heavyweight stocks weigh on ZSE as investors cash out

By ETimes The bearish performance of the Zimbabwe Stock Exchange continued for the seventh consecutive trading session as the mainstream ZSE All Share Index declined 6.53% to close at 10,917.96…

ANALYSIS| Digitization Strategy Sees NMB Holdings Earn Total Income of ZWL$10bn in H1

…as Group Targets Expansion By Yona Banda Financial Performance Highlights  Listed banking group NMB Holdings posted a ZWL$1.7 billion net profit after tax for the half year period ended 30…

Zim’s milk output rose 17% to 59.01mln litres in 8 months to August

By ETimes Zimbabwe’s raw milk production has nearly reached half of the annual requirement with three and a half months remaining before the end of 2022. The southern African nation…

ANALYSIS| Dairibord Swings Back to Profitability as Half-Year Sales Volumes Hit 47mln liters

By Yona Banda Listed food and beverages manufacturer Dairibord Holdings earned a net profit after tax of ZWL$689 million in the financial half year ended 30 June 2022. The performance…

C-trade Fantasy to teach people investing through gaming

By Albert Nangara Following independence, The Zimbabwe Stock Exchange (ZSE) was taken over by significant Zimbabwean businesses, with the general populace being generally excluded from stock ownership. Trading on the…

Losses in Big Caps see ZSE close 5.69% lower

By ETimes The Zimbabwe Stock Exchange closed 5.69% lower as the heavyweight counters offset weak gains in other stocks. Market breadth closed negative, with 4 gainers against 22 losers, while…

Mash Holdings seeks better property market activity

By ETimes Mashonaland Holdings has alluded that the property market remains hamstrung by lethargic demand across all sectors of the market owing to low economic activity in the economy. In a…

ANALYSIS| Monetary Losses Drag BAT Zimbabwe to ZWL$678mln After Tax Loss

…as Sales Volumes Decline 6% By Yona Banda Financial Performance Highlights Listed cigarette manufacturer BAT Zimbabwe earned an inflation adjusted after tax loss of ZWL$678 million. The loss was largely…

Stock investors lose $38.99bn as market opens week weaker

By ETimes The stock market opened the week extending its losing streak for the fifth consecutive session despite positive earnings coupled with dividend declarations from several listed firms. Accordingly, the…