Zimplats Q3 profit doubles to $42mln

HARARE, April 26 (The Source) – Zimplats on Wednesday said net profit more than doubled to $42,2 million in the three months to March 31, from $20,6 million in previous quarter. Revenue dropped six percent from $139 million to $131 million. The miner benefitted from… Read More

Econet, ZB drive ZSE momentum

HARARE, April 22 (The Source) – The Zimbabwe Stock Exchange’s mainstream index continued its bullish run gaining 0.41 percent to close the week at 141,50 points, while the mining index rose 10,20 percent to 66,25 points. Econet gained 0,24 percent to settle at 17,45 cents.… Read More