15.3 C
Harare
Friday, July 30, 2021
Further delays pushes results publication to 2 months beyond regulated timeframeCites the need to regularize financials with a view to increase transparency on sources of fundingYear-end results now expected by the end of May HARARE- Listed life assurer, Fidelity Life has issued a...
Old Mutual’s share price jumped by almost 6% to R13.65 in early trade on ThursdaySays the unbundling process will simplify the GroupOld Mutual will be left with a 7% share in Nedbank FINANCIAL services giant, Old Mutual Limited which is listed on the...
Recorded a 78% profit decline in 2019Performance attributed to low economic growth in SA and unbundling of Nedbank Group Harare - Dual listed Old Mutual Limited with a primary Johannesburg Stock Exchange (JSE) and secondary Zimbabwe Stock Exchange listing (ZSE) registered a contracted 2019...
Gombera led Afdis over an 8 year periodHe oversaw the commissioning of a $5 million plantDuring his tenure Delta increased its shareholding in Afdis Johansburg: Spirits, ciders and wines maker African Distillers, which is also involved in the distribution and marketing of third-party alcoholic...
Harare – Zimbabwe Stock Exchange – listed quick service restaurant group, Simbisa Brands Limited has reported a 91% overall growth in revenues to ZWL$390.8 million compared to ZWL$204.7 million in the previous year. Contributing to this performance was the positive contribution from its regional operations where customer counts grew by...
40KVA solar plant commissioned on Monday 17 August 2020CEO Justin Bgoni said that adopting the solar energy route is in line with the ZSE commitment to sustainable practices“The ZSE looks forward to annual cost savings of around USD42 000 from the switch to solar energy and the...
Unclaimed benefits accrued by 1900 percent in 2020 compared to 2019IPEC says this as a consequence of lack of knowledge on the part of beneficiariesOverall pensions industry income surged by 72 percent Harare – The insurance and pensions commission (IPEC) says it is...
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...
Both battery metals and PGMs essential to achieving a “greener” futureSibanye will make an initial phased equity investment of 30m euros South African miner, Sibanye Stillwater has entered into the battery metals sector through a partnership with and investment into Keliber, a leading...
*Performance Charts incl (ZSE indices, ZSE Value Traded, Interbank) The stock market partially reversed a 3 day losing streak on rising by 1.39% on Thursday. The bourse has largely traded sideways over the last 4 weeks as the Zimdollar stabilise against the USD. This...