Trading was suspended because investors were trying to grab any shares they could get their hands on in response to the depreciating local currency, against the greenback.
May 16, 2023
South Africa’s 2nd largest retailer Pick n Pay said its online sales volumes significantly soared after hopping onto the Mr D’s delivery app. The company achieved total online sales growth for the yea
May 11, 2023
Last week Zimbabwe held a follow-up structured dialogue meeting on its arrears clearance and debt resolution process. Key takeaways were the feedback by AFDB President, who was appointed last year as
Mar 02, 2023
Nickel miner BNC has issued a profit warning advising investors that profit for the half year will be significantly lower compared to the prior year. The miner said profit for the half year period to
Nov 14, 2022
The debate on economic fundamentals in Zimbabwe has been reignited amidst a reemergence of inflation and sharp parallel...
Oct 26, 2021
The 2017 debenture helped avert potential default on foreign obligationHolding debenture to maturity results in sustain...
Jul 13, 2021
Cumulative 9 months volumes up 37%Growth margins narrowing on a quarterly basisOperation’s outlook solid, analysts cont...
May 06, 2021
Cumulative 9 months volumes up 14%Maize volumes down 31%Other segments’ collective growth came in at 47% Quarterly p...
Further delays pushes results publication to 2 months beyond regulated timeframeCites the need to regularize financials...
Apr 28, 2021
Gold is earmarked to drive mining sector growth in 2021Gold exports decline trend stretching from 2020International pri...
Mar 25, 2021
Dairibord seeks to merger with DendairyThe 2 are leading dairy producers in ZimbabweDendairy still embroiled in Chilong...
Mar 18, 2021
Gombera led Afdis over an 8 year periodHe oversaw the commissioning of a $5 million plantDuring his tenure Delta increa...
Given the presumptive foreign currency-denominated underlying value of produce, the sector is always swift to react to...
Feb 24, 2021
17 stockbrokers approved for VFEX tradingVFEX commences branding with a new logoTrading set to resume before end of Oct...
Oct 19, 2020
HARARE- At an EGM held virtually on Monday, Dawn Properties' shareholders approved a proposed acquisition of the compan...
Price stability expected to prevail in the last quarter of 2020Foreign exchange auction improves the availability of fo...
Oct 14, 2020
The Zimbabwe Stock Exchange has apologised on an earlier erroneous publication of a draft circular for FML, flighted vi...
Aug 31, 2020
Double digit loss in operating income expectedTied advisers were unable to sell new business due to COVID-19 restrictio...
Aug 25, 2020
In its mid term monetary policy statement going under the theme fostering price stability, the RBZ has revised export r...
Aug 21, 2020
Company said it has agreed with ZSE that its shares be temporarily suspended from tradingPPC is 1 of the 3 dual listed...
Jul 31, 2020
Simbisa Brands, Zimbabwe's largest fast-food outlet, has opened a net total of 57 new company-operated stores between 30 September 2023 and 30 September 2024 with 5 opened in the first quarter of the
First Capital Bank has posted a solid third-quarter performance, driven by a restructuring exercise aimed at enhancing its operating model. In the banking sector, restructuring refers to the process
The mining industry have seen a significant growth with an average of 9% per annum, mainly spared by lithium sector projects and production of iron and steel. According to GlobalData, Zimbabwe is the
Proplastics, a premier plastics products manufacturer and distributor, reported subdued year-to-date (YTD) results for the nine months ended September 30, 2024. The company experienced a 5% contractio
WestProp Holdings, a prominent real estate company's customer contracts have surged by 35% contributing an increase of 11% to its year-to-date revenue in a trading update for the period ended 30 Sept
EcoCash Holdings reported a 185% surge in deposits to ZWG1.37 billion for the six months ended August 31, 2024, compared to ZWG483 million in the corresponding 2023 period. This significant growth wa
Zimplow Holdings Limited reported a 12% decline in topline to US$20.6 million, in the thrird quarter to 30 September 2024 compared to the prior year according to the company’s latest trading update.
NMB Zimbabwe's loan book expanded significantly, with loans and advances surging 110% to ZWG2.7 billion for the third quarter ended September 30, 2024. This growth was driven by the bank's successful
