More downward pressure on local rental incomes
TweetShareSharePin0 SharesBy ETimes Bard Santner, a local investment management firm has said local rental incomes will continue to be depressed in the short to medium term. The investment management firm…
Forex Reserves, 2023 current account surplus will not help
TweetShareSharePin0 SharesBy ETimes Zimbabwe is forecasted to have a current account surplus in 2023, but rating agency Fitch Ratings feels the surplus will not be able to help our foreign…
Equities gain $43.47 billion as bull run enters second day
TweetShareSharePin0 SharesBy ETimes The Zimbabwe Stock Exchange strengthened 1.79% on Wednesday, helped by select heavyweight stocks, as the bourse reported its second gain for the shortened week. Accordingly, the mainstream…
MFIs’ net profit rose to $9.7bn in Q3
TweetShareSharePin0 SharesBy ETimes The number of registered microfinance institutions (MFIs) in Zimbabwe rose to 196 during the third quarter ended 30 September 2022 from 176 in the comparative period against…
Half-Year Revenues Hit $129 billion as OKZim Anchors Growth on Diversification
TweetShareSharePin0 SharesBy ETimes Financial Performance Highlights Commentary and Analysis The results suggest OKZim is getting squeezed by its ZWL invoicing local suppliers, as implied by the sharp decline in the gross…
ANALYSIS| Economic Headwinds Weigh as StarAfricaCorp Posts ZWL$133mln HY22 After Tax Loss
TweetShareSharePin0 SharesBy ETimes Financial Performance Highlights Commentary and Analysis The results paint a somewhat precarious picture for the Starafricacorporation. The company’s financial resources relatively appear thin, with an apparent need…
ZSE begin year on positive note with $26.84bn gain
TweetShareSharePin0 SharesBy ETimes Transactions on the equities sector of the Zimbabwe Stock Exchange (ZSE) reopened the year on a positive note, as market capitalisation appreciated by $26.84 billion. With the…
Trading and investments in 2022, what did Zimnat think?
TweetShareSharePin0 SharesBy ETimes Economic Times sent out questions to Farai Gwaka the general manager investments at Zimnat Asset Management Company and his team in order to discuss some issues of 2022…
ANALYSIS| What beholds us in 2023?
TweetShareSharePin0 SharesBy ETimes Before we move into the questions of 2023 that should be answered by industry and government, we at ECONOMIC TIMES would like to wish you a HAPPY…
Gains hit momentum on ZSE
TweetShareSharePin0 Shares…Gvt suspends new mining titles on selected minerals By ETimes The ministry of mines and mining development has ordered all provinces to suspend the issuance of mining titles for…