20.6 C
Harare
Saturday, January 16, 2021
Harare – Zimbabwe Stock Exchange - listed financial services group, Zimre Holdings Limited (ZHL) said that the negotiations at its subsidiary Emeritus International Reinsurance Company Limited’s capital raise have been terminated. “Shareholders of ZHL are referred to the cautionary announcement dated 10 September 2019, and are advised that the negotiations...
Revenue declined by 22% in 2019Profit before tax down by 39%Turnover was 25% down under the crocodile operationProfit in the crocodile operation plunged by 18% Harare - Padenga Holdings Limited registered a 22% contraction in overall revenue for the year ended 31 December 2019.
259 new accounts openedLocal investors continue dominating CSD accountsZSE Equity Market Capitalisation increased by 49.77% Harare -Chengetedzai Depository Company registered a spike in securities deposits in the month of June compared to the previous month as a result of less strict lockdown measures...
Foreign sells increased to $104 millionForeign purchases came off at $50 million Foreign participation on the Zimbabwe Stock Exchange continues to plummet in February as investors continue losing hope owing to the weak economic fundamentals prevalent in the country. Foreign investor participation remains...
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...
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...
Turnover increased by 18% in nominal terms and 14% in real termsZSE All Share Index 7% below the prior monthMarket capitalisation went up for the second successive month Harare - Trading activity on the Zimbabwe stock Exchange made headway in February emerging as the biggest month in...
Lifting of all fungibility restrictions on Seed Co follows successful listing on VFEXSeed Co became the first counter to be listed on the VFEXSeed Co International is also listed on the Botswana Stock Exchange Harare – Government on Thursday restored full fungibility of...
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...
ZimPlow moving to acquire 100% of Birmingham investments in exchange of15,774,446 newly issued ordinary sharesMoving to acquire 51% in Tredcor for 18,399,564 ordinary shares Harare – Agro-industrial firm, Zimplow Holdings Limited has offered to acquire 100% of Unifreight Africa Limited’s shareholding in Birmingham...