Hyperinflation in Zimbabwe skews PPC’s results
TweetShareSharePin0 SharesBy 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…
Proplastics spends US$2.7mn on capital equipment in first 9 months
TweetShareSharePin0 Shares…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…
ZSE extends losses by $16.31bn
TweetShareSharePin0 SharesBy 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…
Unlocking Smallholder Agriculture – A Case For Broader Agri-Financing
TweetShareSharePin0 SharesBy 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…
Analysis: REITs the future of Zimbabwe’s vision 2030
TweetShareSharePin0 SharesBy 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…
RBZ pays US$170k towards Bridgefort Capital legacy debt
TweetShareSharePin0 SharesBy 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…
Equities opens the week with $54.78bn loss
TweetShareSharePin0 SharesBy 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…
ANALYSIS| Localized Production, Rising Volumes Drive Afdis to ZWL$585mn H1 Profit
TweetShareSharePin0 SharesBy 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…
Can Agriculture Insurance Improve Food Security – And Why Does It Matters?
TweetShareSharePin0 SharesBy 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…
Successful Women in Finance round table attracts top female execs
TweetShareSharePin0 SharesTop female executives strongly deliberated on efforts to increase women and women-led businesses and start-ups’ access to finance at the successful Women’s Network and Women in Leadership Roundtable held…