Delayed payments drag down Masimba’s half-year cash flows
TweetShareSharePin0 Shares…posts 75% jump in order book By ETimes Masimba Holdings’ order book was worth about US$145 million in the first six months of 2022, up from $83 million in…
ZIMRE Holdings says business environment is fragile in the region
TweetShareSharePin0 SharesBy ETimes In its half year to June 30, 2022, ZIMRE Holdings said it experienced a mixed business environment in the jurisdictions it operates in. “The 2022 operating environment has…
Equities sustains sliding profile as bear run enters 11th day
TweetShareSharePin0 SharesBy ETimes The Zimbabwe Stock Exchange ended Tuesday’s trading session in negative territory. The mainstream ZSE All Share Index closed at 9,848.30 points, down 1.34%. A negative market breadth…
Govt renegotiating contracts to weed out economic hitmen
TweetShareSharePin0 SharesBy ETimes Government through the Treasury, said it is now very strict in enforcing measures to enhance economic stability after the persistent rottenness in the market regarding pricing by…
Zimbabwe’s economy resilient despite high uncertainty: IMF Staff
TweetShareSharePin0 SharesBy ETimes Zimbabwe’s economy has proven to be resilient in the face of large shocks, said the International Monetary Fund (IMF) while warning that uncertainty still prevails. In order…
TSL logistics operations registers growth in Q3
TweetShareSharePin0 SharesBy ETimes Listed agro and logistics firm TSL said its group revenue for the third quarter ending July 31, 2022 was 61 percent ahead in inflation adjusted terms of…
ZSE opens new week in red, sheds $47.16bn
TweetShareSharePin0 SharesBy ETimes The stock market opened the week lower on continued weakness in heavyweight stocks. Investors were hesitant to take risks after the World Bank’s latest report revealed that…
ANALYSIS| Exchange Related Gains Drive Mash Holdings to ZWL$1.6bn PAT
TweetShareSharePin0 Shares…as Group Targets Portfolio Diversification By Yona Banda Financial Performance Highlights Listed property group Mashonaland Holdings earned a Net Profit After Tax of ZWL$1.57 billion in the financial half-year…
Contango Holdings in Lubu Coal mine delight
TweetShareSharePin0 SharesBy ETimes Contango Holdings, the London listed natural resource company developing the Lubu Coking Coal Project in Hwange has said it has received many enquiries for its thermal coal which…
ZSE sustained negative close for the eighth consecutive session
TweetShareSharePin0 SharesETimes Losses in heavyweights Axia and EcoCash offset gains in other stocks, causing the ZSE All Share to fall 8.16% to 10,727.53 points, marking the index’s eighth consecutive session…