Trading was suspended because investors were trying to grab any shares they could get their hands on in response to the depreciating local currency, against the greenback.
May 16, 2023
South Africa’s 2nd largest retailer Pick n Pay said its online sales volumes significantly soared after hopping onto the Mr D’s delivery app. The company achieved total online sales growth for the yea
May 11, 2023
Last week Zimbabwe held a follow-up structured dialogue meeting on its arrears clearance and debt resolution process. Key takeaways were the feedback by AFDB President, who was appointed last year as
Mar 02, 2023
Nickel miner BNC has issued a profit warning advising investors that profit for the half year will be significantly lower compared to the prior year. The miner said profit for the half year period to
Nov 14, 2022
The debate on economic fundamentals in Zimbabwe has been reignited amidst a reemergence of inflation and sharp parallel...
Oct 26, 2021
The 2017 debenture helped avert potential default on foreign obligationHolding debenture to maturity results in sustain...
Jul 13, 2021
Cumulative 9 months volumes up 37%Growth margins narrowing on a quarterly basisOperation’s outlook solid, analysts cont...
May 06, 2021
Cumulative 9 months volumes up 14%Maize volumes down 31%Other segments’ collective growth came in at 47% Quarterly p...
Further delays pushes results publication to 2 months beyond regulated timeframeCites the need to regularize financials...
Apr 28, 2021
Gold is earmarked to drive mining sector growth in 2021Gold exports decline trend stretching from 2020International pri...
Mar 25, 2021
Dairibord seeks to merger with DendairyThe 2 are leading dairy producers in ZimbabweDendairy still embroiled in Chilong...
Mar 18, 2021
Gombera led Afdis over an 8 year periodHe oversaw the commissioning of a $5 million plantDuring his tenure Delta increa...
Given the presumptive foreign currency-denominated underlying value of produce, the sector is always swift to react to...
Feb 24, 2021
17 stockbrokers approved for VFEX tradingVFEX commences branding with a new logoTrading set to resume before end of Oct...
Oct 19, 2020
HARARE- At an EGM held virtually on Monday, Dawn Properties' shareholders approved a proposed acquisition of the compan...
Price stability expected to prevail in the last quarter of 2020Foreign exchange auction improves the availability of fo...
Oct 14, 2020
The Zimbabwe Stock Exchange has apologised on an earlier erroneous publication of a draft circular for FML, flighted vi...
Aug 31, 2020
Double digit loss in operating income expectedTied advisers were unable to sell new business due to COVID-19 restrictio...
Aug 25, 2020
In its mid term monetary policy statement going under the theme fostering price stability, the RBZ has revised export r...
Aug 21, 2020
Company said it has agreed with ZSE that its shares be temporarily suspended from tradingPPC is 1 of the 3 dual listed...
Jul 31, 2020
Zimbabwe's local currency, the Zimbabwean Gold (ZiG), traded at 26.8596 on the 18th of October, down from ZiG26.0692 traded last week Friday against the US dollar. This continues its downward spiral,
The world is facing a daunting public debt crisis, with global debt projected to exceed US$100 trillion, or 93% of global GDP, by the end of this year according to the latest data by the International
Sub-Saharan Africa's economic growth forecast has been revised downwards to 3% for 2024, primarily due to the devastating impact of Sudan's civil war on the region's economy. This represents a 0.4% d
Grid Africa, a leading renewable energy developer and independent power producer (IPP), has secured a significant equity investment of R50 million from Rifuwo Energy Partners. This funding will accele
Caledonia Mining Corporation's gold output for the third quarter to September 2024 showed a slight decline from the record-breaking production achieved in the same period last year according to the gr
Meikles Limited has appointed Mathew John Moxon as its Acting Chief Executive Officer, effective October 4, 2024. This change follows the departure of Malcolm Mycroft, who vacated the CEO position on
Turnall Holdings increased its capital expenditure (CAPEX) to US$2 million in the half-year ended June 30, 2024, compared to just $72,971 in the same period last year. This investment primarily focus
Masimba Holdings has achieved significant milestones in the first half of 2024, despite operating in a tough environment characterized by liquidity constraints and heightened exchange rate volatility.