Pursuant to ten previous statements, CBZ Holdings Limited issued a further Cautionary Statement on the 5th of September, 2023, advising all shareholders and the investing public that the Company is st
Sep 18, 2023
Tongaat Hulett’s Botswana, Mozambique and Zimbabwe sugar operations are not financially distressed and therefore continue trading in the ordinary course. These three businesses are funded independentl
Gold prices have declined to below $1,910 per ounce today, reaching their lowest point in approximately three weeks. This drop comes as investors exercise caution while awaiting a crucial US inflatio
During the second week of the highly contested elections in Zimbabwe, the Zimbabwe dollar experienced a depreciation of 1% on the willing buyer willing seller interbank market. Although this depreciat
Zimbabwe has a low insurance penetration rate of 2.6% Potential impact of El Niño and the need to strengethen the insurance sector in the country The GPW surged by 263%, rising from ZW$7.49 billion to
The dollar has dipped to 105 from 104 last week with the highest being achieved in July at 99.9 as investors adopted a cautious approach while awaiting important U.S. inflation data. The upcoming rele
VFEX listed Bindura Nickel Corporation Limited announced that it will hold its 57th Annual General Meeting (AGM) virtually on Thursday, 28 September 2023 at 0900hrs.
The Zimbabwe dollar experienced a depreciation today, marking the second consecutive week of decline against the US dollar. This follows the contentious election, which has heightened concerns about i
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
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
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
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
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
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
Gold prices started the week on a downward trend remaining below the US$1900 per ounce mark and approaching their lowest levels in the past five months as investors brace themselves for the annual gat
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
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
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
Namibian Stock Market Outshines African Peers Amid Impressive Rally The remarkable rise of the Namibian stock market over the past year has demonstrated the resilience and growth potential of the nat
