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…
Lusaka ranked third among top 25 cities with fast-growing millionaire populations
TweetShareSharePin0 SharesBy ETimes Henley Global Citizens, the global leader in residence and citizenship by investment, places Lusaka (Zambia) third among the 25 fastest growing cities in the world in terms…
PPC delights in Zim operations
TweetShareSharePin0 SharesBy ETimes PPC said group cement sales volumes (including Zimbabwe) for the five months ended August 2022 were in line with the previous comparable period as subdued demand in…
Choppies sees earnings per share growth of up to 115% in FY2022
TweetShareSharePin0 SharesBy ETimes Choppies expects full-year basic earnings per share to rise between 95% and 115%, the Fast Moving Consumer Goods retailer said recently, but is currently finalizing its financial…
Heavyweight stocks weigh on ZSE as investors cash out
TweetShareSharePin0 SharesBy ETimes The bearish performance of the Zimbabwe Stock Exchange continued for the seventh consecutive trading session as the mainstream ZSE All Share Index declined 6.53% to close at…