First Capital Bank’s loans surge 30 percent
LISTED First Capital Bank loans to customers increased by 30 percent to close at US$86,1 million in the period ended December 31, 2023 with 92 percent of business having been … Read More
Category: Markets
Stable currency fuels ZSE investor confidence
AFTER starting the year sluggishly with single-digit gains in the first quarter significantly eroded by inflation and currency depreciation, the Zimbabwe Stock Exchange (ZSE) had a good run in the … Read More
Zimplow ventures into solar business
DIVERSIFIED firm Zimplow Holdings Limited is in discussions with international solar equipment manufacturer, Longi, to be able to provide more effective solar solutions, NewsDay Business can reveal. Longi is a … Read More
ZSE soars after stable currency fuels investor confidence
After starting the year sluggish, with single-digit gains in the first quarter significantly eroded by inflation and currency depreciation, the Zimbabwe Stock Exchange (ZSE) had a good run in the … Read More
ZSE CEO hails inaugural issuers training programme
The Zimbabwe Stock Exchange (ZSE) says the Prospective Issuers Training Programme (PITP) it held between April and June this year, was a success considering the diverse attraction of businesses from … Read More
TSL profit shrinks on drought impact
The dry weather conditions experienced across the country and the region due to the El-Nino weather phenomenon had a knock-on effect on agriculture-focused TSL Limited’s financial performance for the half … Read More
Willdale brick sales up despite VAT hike, company seeks stable production
Brick maker Willdale says the introduction of 15 percent value added tax (VAT) on clay brick sales from January 2024 brought with it some shocks into the market as customers … Read More
Dairibord flogs 25 properties to fund capex
DAIRY processor, Dairibord Holdings Limited, will sell 25 properties to raise US$4,12 million in capital expenditure for the current financial year as it moves to upscale its dairy production across … Read More
Willdale posts ZWL$198,44bn half year loss
LISTED brick making firm, Willdale Limited, posted a loss of ZWL$198, 44 billion in its half year ended March 31, 2024, owing to exchange rate volatility, despite a growth in … Read More
Brick manufacturer pins hope on resurgent construction sector
ZIMBABWE Stock Exchange (ZSE) -listed brick manufacturing company, Willdale Private Limited, is optimistic about improved sales volumes in the second half of the year spurred by the resurgent construction sector … Read More
