Losses cap tough trading week on ZSE
TweetShareSharePin0 SharesBy ETimes The stock market has now fallen for seven straight days as investors dump equities despite a spate of impressive earnings and dividend announcements from listed companies. As…
Milk output up 16% in first 10 months
TweetShareSharePin0 SharesBy ETimes Zimbabwe’s raw milk production in the first 10 months to October increased 16% to 74.99 million liters from 64.80 million liters recorded in the same period last…
FCB expects downside risk on credit performance amid tight monetary regime
TweetShareSharePin0 SharesBy ETimes First Capital Bank Zimbabwe says the liquidity crisis and high interest rates may pose a risk to credit performance. In September 2022, the Reserve Bank of Zimbabwe decided…
Old Mutual-backed Innovation Hub upskills tech start-ups
TweetShareSharePin0 SharesStaff Writer THE Eight2Five Innovation Hub, together with Old Mutual Zimbabwe (OMZ), has commenced its cloud computing upskilling programme for local technology and information communication technology (ICT) entrepreneurs and…
ZSE extends losing streak to six days
TweetShareSharePin0 SharesBy ETimes The Zimbabwe Stock Exchange fell further on Thursday, extending its losing streak to six consecutive trading sessions. At close, the mainstream ZSE All Share Index shed 1.41%…
High-cost structure to weigh down mining sector profitability prospects: Report
TweetShareSharePin0 SharesBy ETimes Players in the mining sector are losing up to 20% of their production potential owing to power shortages, latest data shows. Currently, the mining sector makes up…
Caledonia in another fruitful quarter despite inflation
TweetShareSharePin0 SharesBy ETimes Caledonia Mining’s revenues rose by 21 percent in the latest quarter as production from its Blanket gold mine hit another new record. The Zimbabwe-focused miner says production this…
Mining sector exports poised to reach US$5.3bn by year end
TweetShareSharePin0 SharesBy ETimes The mining sector’s export revenue totaled US$4.5 billion in the first 10 months of 2022 and the mining sector has financed 70% of the country’s imports over…
Liquid’s software defined network service set to empower online businesses
TweetShareSharePin0 SharesETimes Fibre optic network and cloud solutions provider Liquid Dataport on Tuesday launched a software defined network (SDN) service, Dataport, to enable users, including online businesses, to scale and…
Selling party continues on ZSE in Wednesday session
TweetShareSharePin0 SharesBy ETimes The ZSE All Share Index was down a further 211.08 points or 1,41 percent on Wednesday to close the session at 14 734.58 points. The heavyweight stocks…