20.6 C
Harare
Saturday, January 16, 2021
The Victoria Falls Stock Exchange (VFEX) is set to go live in a few days but today the much-touted Exchange is launching. The launch comes a few days after the newly branded bourse announced a set of players that had been approved to participate on the...
The local bourse extended losses to a 5th straight session on Monday taking the cumulative loss to -3.5% over the 5-day period. In a week opening session which was typically quiet, heavies dragged the market reflected through a 0.69% ZSE ASI inter-day loss.
Given a harsh operating environment for the business fraternity, listed financial services institution Getbucks is pursuing a capital preservation strategy while working at maintaining profitability despite the headwinds. According to a trading update issued by the Chief Executive Terry Mudangwe, Getbucks acquired investment property in...
Company said it has agreed with ZSE that its shares be temporarily suspended from tradingPPC is 1 of the 3 dual listed counters on the ZSEPPC notes that an investigation into the dealings on the ZSE found the company innocent of any wrongdoing
Sales volume decline 23% HY19’76% Capacity utilization despite power challengesInterest expense slumps 1 011%Land disposed of for $ZWL25 mill PAT The only ZSE listed Brickmaker, Willdale reports a 23% decline in sales volumes for the six months to 30 September 2019. Feeding the trend is...
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...
*Performance Charts incl (ZSE indices, ZSE Value Traded, Interbank) The ZSE market reversed prior session losses as it struggles to find direction. The All Share Index surged 1.95% to close at 1505.15points on the back of rising market heavies. Small caps performed inversely to...
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...
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.
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...