31 C
Harare
Tuesday, September 21, 2021
HARARE – Crocodile skins and meat producer with interests in gold mining, Padenga Holdings Limited is all but confirmed as the second company to list on the U.S Dollar-denominated bourse, the Victoria Falls Stock Exchange (VFEX). The move comes just over a...
Board of directors approves repurchase of up to 47 949 688 of common stockThe shares were held by ShoreCap II LimitedIn 2020, FBCH reported a positive cash flow from financing activities of ZWL671.5MUp from a negative CFF of ZWL420.7M a year earlier HARARE...
Driven by newly introduced export incentivesMeant to greatly benefit mining venturesMove signalling general growing interest in the VFEX after listing incentives Harare – Crocodile breeder and new miner, Padenga Holdings is planning to terminate its listing on the Zimbabwe Stock Exchange (ZSE) and...
A number of ZSE investors have not collected their share certificatesMajority of shares believed to belong to the insurance and pensions industrySome may belong to people who are now deceased Harare – Chengetedzai Depository Company says a share portfolio with a value of...
HARARE – Zimplow Holdings Limited has declared a final dividend of ZWL10.48 cents per share payable in respect of all issued ordinary shares of the company for the financial year ended 31 December 2020. In a regulatory filing to shareholders published on...
Dairibord CEO speaks to Equity Axis on progress of the dealDeal was first announced in July 2020Successful merger will position Dairibord for market dominion and dwarf competitionNo definite period of when the deal could be completed In July last year, Dairibord, the biggest...
Revenue dipped by 67.4 percent in FY2020Recorded a loss of ZW$23.49 millionTotal assets amounting to ZW$1.04 billion Harare – ZECO holdings limited, which is arguably the Zimbabwe Stock Exchange’s most troubled counter has continued on its trend of perennial losses according to results...
HARARE – It’s only natural that many investors, especially foreign-based investors have a negative perception of investing in Zimbabwean-based businesses cognisant among other factors, the unstable local currency, and currency repatriation challenges. Adding to that, the policy environment has been marred by...
ZW$0.40 to be paid per shareEconet has almost 2.6 billion shares in circulationThe company’s shares accounted for nine percent of total shares traded on the ZSE in their fiscal year Harare – Zimbabwe’s biggest telecommunications company, Econet Wireless Zimbabwe Limited has declared a...
Revenue fell by ZW$2.1 billionOccupancy dropped by 21 percentage pointsCounter lost 1 percent of value Harare – Hotelier and tourism management company, Rainbow Tourism Group (RTG) has reported a 66 percent decline in revenue and a fall in occupancy by 21 percentage points...