Zimbabwe

Zimbabwe

ZIDA Empowers Mining Claim Holders with Investor Connections

ZIDA has introduced a match-making mining platform that holds immense potential for mining claim holders in Zimbabwe. Known as the ZIDA Mining Claims Matchmaking Platform, this innovative solution aim

Sep 04, 2023
Zimbabwe
Corporate Action Summary

Seed Co International Limited announced that it will hold its 23rd Annual General Meeting (AGM) virtually (via the Escrow Group platform) on Wednesday the 20thof September 2023, at 12:30 GMT+2 (Botswa

 Sep 04, 2023
Zimbabwe
Matias Cardarelli Appointed as PPC CEO: Charting a Course for Growth Amidst Challenging Times

With a deep understanding of the cement industry and a proven leadership skillset, Mr. Cardarelli is well-positioned to steer PPC towards sustainable profitability. His appointment follows a comprehen

 Sep 04, 2023
Zimbabwe
First Capital Bank: Soaring Profits and Digital Innovation Propel Success

First Capital Bank Soaring Profits and Digital Innovation Propel Success First Capital Bank demonstrated robust profit growth in the first half of 2023, as its profit after tax skyrocketed by 602% to

 Sep 04, 2023
Zimbabwe
Political Uncertainty and Currency Volatility Threat

Following the pronouncement of debatable election results for the presidential polls held on the 23rd of August, 2023, Zimbabwe has plunged into an atmosphere of uncertainty which has had a ripple eff

 Aug 30, 2023
Zimbabwe
ZSE Implements Operational Changes to Enhance Liquidity, Price Discovery

In its ongoing efforts to bolster liquidity, facilitate price discovery, and align with international best practices, the Zimbabwe Stock Exchange Limited (ZSE) has announced operational changes effect

 Aug 30, 2023
Zimbabwe
Zimbabwe's Trade Deficit Soars: Enters Triple-Digit Territory

Zimbabwe's trade deficit expanded to a three-digit figure in July 2023, marking a significant increase compared to the two-digit deficit recorded in June 2023. The total value of exports in July 2023

 Aug 30, 2023
Corporate Action Summary

Wednesday, 23 August 2023, was declared a public holiday for the purposes of polling for the 2023 harmonised elections. The Zimbabwe Stock Exchange (ZSE) was therefore closed on Wednesday and resumed

Aug 28, 2023
The Impact of SADC’s Zim Election Shaming, What’s Next?

In an unprecedented yet expected move, the Southern African Development Community (SADC) observer mission has criticised Zimbabwe’s local government, national assembly and presidential election, sayin

Aug 25, 2023
Zimbabwe Records Second Consecutive Month of Deflation

Zimbabwe experienced negative month-on-month inflation for the second consecutive month in August, although there was an increase of 9.1 percentage points. According to the latest data from the count

Aug 22, 2023
Corporate Action Summary

In a Trading Update for the 3rd quarter ended 30 June, 2023, ARTD recorded a 54% growth in inflation adjusted revenue to ZWL75.2 billion. The growth was attributed to inflation pricing, which counter

Aug 21, 2023

Sugar Rush: Hippo Valley Estates Rides Wave of Rising Revenues Despite Turbulent Economic Tides

Harare - Hippo Valley Estates Limited, a sugarcane grower and sugar producer, recently unveiled its trading update for the first fiscal quarter ended June 30, 2023. The company's financials reveal

Aug 17, 2023

Zim Dollar Extend Losses to Third Straight Session

As the elections period draws closer, the Zimbabwe dollar has encountered its third consecutive session of losses against the US dollar. On the latest wholesale RBZ-governed auction market, the curre

Aug 17, 2023

Corporate Action Summary

Econet Wireless Zimbabwe Limited announced the appointment of Tatenda Alice Ngowe to the position of Group Company Secretary with effect from 01 August 2023. Tatenda has been a part of the Econet Grou

Aug 16, 2023

The Economic Cost of Zim's Neutrality Shift

After an extended period of approximately 15 months, during which the Republic of Zimbabwe assumed a shrouded veil of neutrality which the global community might now say deceptive in response to Russi

Aug 07, 2023

Corporate Action Summary

The Board of Directors of African Sun Limited announced the appointment of Lloyd Mhishi as the Lead Independent Director, effective 1 August 2023. Lloyd was appointed to the African Sun Board on 1 May

Aug 07, 2023

Zimbabwe Mercantile Exchange (ZMX) Offers Farmers Seeds of Hope

ZMX is gradually gaining traction among farmers and traders As of August 2, 2023, 185 tonnes were traded at US$315 per tonne Soybeans was introduced this week, with 4,000 tonnes auctioned at US$480 pe

Aug 07, 2023

Nedbank Brings American Express to Zimbabwe, Unlocking New Growth in Tourism

Nedbank Zimbabwe becomes the first AMEX Acquirer in Zimbabwe 40% of tourists to Zimbabwe carry American Express cards Amex Card Holders spend three times more than non-cardmembers Harare - Nedbank Zi

Aug 07, 2023

Tigere REIT Thrives Amid ZHL's Entry into REIT Market

Tigere REIT, a leading real estate investment trust in Zimbabwe, recently released its half-year results for the period ending 30th June 2023. These results offer a fascinating insight into the compan

Aug 04, 2023