BAT Zimbabwe announced that its 63rd Annual General Meeting of shareholders will be held at Cresta Lodge Harare, Corner of Samora Machel Ave and Robert Mugabe Rd, Msasa, Harare, on the 28th of April 2
Apr 11, 2023
The Group posted an inflation adjusted total income of ZWL39.5 billion, which is a 9% surge from ZWL36.3 billion recorded in the prior year. The growth was attributed to an overall positive investment
Apr 05, 2023
FMP recorded a 42% increase in inflation adjusted revenue to ZWL2.9 billion in the full year to 31 December, 2022, owing to the repricing of rentals as well as a relatively good occupancy level of 85
Apr 03, 2023
In the recent adjustments to the current contractionary monetary policy, the Central Bank reduced the Bank policy rate from 150% to 140% per annum. The move is premised on the supposed slow-down in in
Mar 31, 2023
The Tigere Real Estate Investment Trust (REIT), which listed as the first ever REIT on ZSE last year, reported a positive financial performance in the 2-months to 31 December 2022. The REIT listed on
Mar 29, 2023
Border Timbers held Annual General Meetings, individually, for the years from 2018 to 2022 as the company was under judicial management. For the years 2018 to 2021, shareholders passed the resolution
Mar 27, 2023
In what could be a twist of fate, an investigative unit under Aljazeera uncovered atrocities being done by the government of Zimbabwe in the gold industry, in a documentary that was aired on the 23rd
Mar 24, 2023
The highly volatile financial market, Zimbabwe Stock Exchange (ZSE), has once again emerged the best performing bourse in Africa on a year-to-date basis, in US$ terms. As at the 21st of March, 2023, t
Mar 22, 2023
CFI withdrew the Annual General Meeting (AGM) notice issued on the 9th of March, 2023, and pushed the event to a further date at the same venue. The company’s 27th AGM will now be held on Friday, the
Mar 20, 2023
The ZWL has continued to depreciate against the United States Dollar (US$) in each respective trading session this year. However, the magnitude of exchange loss has since marginalized.
Mar 17, 2023
The banking sector has come under scrutiny globally, with the listed biggest banks in the world recording a bloodbath from the prior week to date. However, the banking stocks on the Zimbabwe Stock Exc
Mar 15, 2023
Multichoice, which last week announced a major deal with NBC Universal and Sky relating to its streaming business, Showmax, has painted a gloomy outlook for the 2023 financial year
Mar 14, 2023
CFI issued a notice to shareholders and other relevant stakeholders with regards to the 27th Annual General Meeting (AGM) of the Company. The AGM will be held at 11:00 am on Friday the 31st of March,
Mar 13, 2023
Axia Corporation Limited debugged on the Victoria Falls Stock Exchange (VFEX) on Monday, the 6th of March, 2023. This follows the delisting of the counter from the Zimbabwe Stock Exchange (ZSE) on the
Mar 08, 2023
Ariston held its 76th AGM on the 24th of February, 2023, where all the proposed resolutions were passed. Notable resolutions include the reelection of Mr. I. Chagonda and Mr. A. Jongwe who were both r
Mar 06, 2023
The Zimdollar has suffered an unparalleled decline since its reintroduction in 2019. It shed off 75% in 2019 and 2020 apiece before easing by a mild 28% in 2021. However, in 2022 the unit declined by
Mar 03, 2023
The Victoria Falls Exchange (VFEX), which was formerly created as a subsidiary of the primary bourse, the Zimbabwe Stock Exchange (ZSE), has gradually gone up the ranks to surpass half the size of ZSE
Mar 01, 2023
On the 23rd of February, 2023, the seed producer, SeedCo Ltd, withdraw a Cautionary Announcement made on the 18th of January, 2023. “Accordingly, the cautionary announcement made on January 18, 2023 i
Feb 28, 2023
According to credible sources, Dr Lance Mambondiani is set to step down as BancABC Managing Director (MB) after being at the helm of the Zimbabwe unit since July 2019. His departure has, however, rais
Feb 24, 2023
Capital markets in Zimbabwe are ranked among the most volatile in the world owing to underlying weak economic fundamentals which affect sentiment and investor appetite. Volatile markets are known to y
Feb 22, 2023
FBC Holdings’ total income has surpassed ZWG2 billion in the half-year to June 2024 despite experiencing a currency carnage in the first quarter. The group reported ZWG2.1 billion during the period u
African Sun, Zimbabwe's largest hotel group, is gearing up for a significant disposal of assets following the recent sale of two underperforming hotels for $6.9 million. This strategic move aims to op
TSL Limited has achieved a commendable performance in the third quarter ended 31 July 2024, with group revenue rising by 13% year-over-year. This growth was largely driven by increased volumes in the
Zimbabwe's electricity prospects have taken a hit as Hwange Units 7 and 8 undergo Class C maintenance, a statutory requirement that will take 600 megawatts off the national grid. This is a substantia
Proplastics, a leading manufacturer of PVC piping and fittings, has reported a significant decline in export sales, from 15% of total sales in 2023 to a mere 1% in the first half of 2024 primarily due
South Africa's Rand Merchant Bank conducted research on 31 African countries, producing a ranking chart for the best and worst places for investment among these nations. President Mnangagwa, upon ass
Zimbabwe Alloys Limited (ZimAlloys) has resumed production years after shutting down its furnaces according to the compan’s Managing Director, Deric Dube. A registered company in Zimbabwe, ZimAlloys s
The Zimbabwe Gold (ZiG) experienced a notable decline on September 13, 2024, trading closer to ZWG14 per US dollar, marking one of its worst performances to date. This follows a weekly loss, with the