12.8 C
Harare
Wednesday, April 14, 2021
Marks complete turnaround from 2018 unbundlingProposes to secure remaining shares in SCLThe merger necessitated with changes in listing dynamics Harare – Regional seed producer Seed Co International (SCIL) has successfully obtained control of the Zimbabwean unit, Seed Co Limited (SCL) after securing an...
The agency has computerized its data collection and processing systemConsequently, CPI information to now be published 7 days after processing against the traditional 30 days The Zimbabwe National Statistics Agency (ZIMSTAT) says that beginning in January 2021, Consumer Price Index (CPI) data will...
NSSA is reducing up to 31.22% stake in First Mutual HoldingsAlso seeking to broaden NBS’ product offeringProceeds from the disposals will be allocated to impact investments and offshore investments HARARE – The National Social Security Authority (NSSA) on Friday said it is divesting...
The company says listing is no longer beneficialEGM to be held in December to vote on the proposalShareholders who want to exit shareholding before delisting offered ZWL1,90 per share. Electrical, hardware, building and home improvement products and services supplier, Powerspeed Electrical limited is...
*Performance Charts incl (ZSE indices, ZSE Value Traded, Interbank) The ZSE added gains on Wednesday, extending the winning streak to 3 straight sessions on increasing demand. The All Share Index closed at 1632.5 points as some listed entities begin to report positive volumes performance,...
Total income grew by 59% to ZWL6.3 billionPBT increased eight fold to ZWL2.7 billionGroup’s statement of financial position increased by 19% to ZWL29.5 billion HARARE – FBC Holdings limited, riding on a strong growth in net trading income and net interest income, reported...
The company is finalising talks with TCCCIt is also finalising its acquisition of MBCThe move will give Delta total control over the Coca-Cola sparkling drink franchise in all 10 provinces of Zimbabwe   Harare – Zimbabwe’s largest beverage manufacturer, Delta Corporation Limited say...
*Performance Charts incl (ZSE indices, ZSE Value Traded, Interbank) ZSE market opened the week extending see-saw movement, with the All Share Index marginally shedding off -0.13% to close at 1508.67points again failing to hold on to prior session gains. The bourse has been...
Overall Comment •             All Share Index up 2.28%, from -2.9% loss in the prior •             VFEX witnesses first trade of 1000 SeedCo Int. shares  •             ZWL spreads loss wider against USD In a week characterized...
*Performance Charts incl (ZSE indices, ZSE Value Traded, Interbank) The local bourse maintained oscillatory movement as it struggles for direction amid shifting economic fundamentals. The economy is set to record one of its most conservative current account and external trade position since 2009. Austerity...