Powerspeed trading volumes remained relatively strong in Q3
By ETimes Powerspeed’s trading volumes and profitability remained quite good in the third quarter ending 30 June 2022 despite the business feeling the inflation hit. While the improvement in exchange…
ZSE dips further by 3.04%
By ETimes The bears continued to dominate transactions on the local bourse as most heavyweight counters depreciated in price, causing the mainstream ZSE All Share Index to dip further by…
SeedCo IntI says maize seed output to be 6% higher on firm demand
By ETimes SeedCo International anticipates maize seed production volumes of 34 000 Mt, a 6% increase over last season, which will be sufficient to replenish stocks and meet demand in…
Investors lose $6.9bn as Equities returns to negative zone
…as ZW$ further depreciates against USD By ETimes The stock market closed on a negative note, as the mainstream All Share Index dipped 0.29% to close at 13,661.22 points as…
CBZ Half-Year Profits Hit ZWL$17.5bn as Agriculture Loan Book Surges
By Yona Banda Financial services group CBZ Holdings posted a ZWL$17.5 billion inflation adjusted net profit after tax for the 6 month period ended 30 June 2022. The performance was…
ZSE opens week with marginal gain
By ETimes The local bourse swung back into positive territory in this week’s opening on risk appetite for stocks. The bull’s camp dominated over market breadth with 17 counters in…
Zimbabwe’s platinum output fell 1% in first half
By ETimes Platinum production in Zimbabwe declined 1% to 241 000 ounces in the first six months of 2022 from 243 000 ounces in the comparative period, the latest data…
ZSE continues to oscillate, dips 0.84%
By ETimes The Zimbabwe Stock Exchange ended Friday’s trading session in negative territory despite the fact that the holding term for shares subject to the 40% Capital Gains Tax has…
FMB Capital making strides in the region
By ETimes First Capital Bank Zimbabwe (FCB) a subsidiary of FMB Capital Holdings (FMBCH) has led the group to a further positive performance in the six months to June 30, 2022. Loan…
Listed firms voice inflation and weather concerns
By ETimes A number of listed firms reported half year results with a few having released quarterly reports. What is common between them is the fight against inflation as they…