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
VFEX LISTING (INNSCOR); AGM NOTICES (NAMPAK & BORDER TIMBERS) & TRADING UPDATES (HIPPO; STARAFRICA & MEIKLES). Innscor Africa Limited held an Extraordinary General Meeting on the 15th of February, 20
ZSE-listed sugar maker, Star Africa Corporation’s Goldstar Sugars has incurred nosediving performance for the 3rd quarter ended 31 December 2022 due to recurrent power outages and supply challenges.
Under-fired currency, the Zimbabwe dollar has widened year-to-date losses by 18% since the Foreign Exchange Auction Market commenced ON THE 10th of January 2023. On the latest Auction Market held on t
The real-estate sector in Zimbabwe seemed to have failed to find ground despite a wave of possible recovery in late 2021. The sector was heavily hit by the Covid-19 pandemic in 2020 to early 2021 as o
Econet Wireless Zimbabwe, the ZSE-listed giant, has released its Q3 trading update with pleasing financial results marking its territory in the digital service provider (DSP) space. T
OPEC oil production stood at 34.18 million b/d in 2022, making up about 34 percent of the global total, data from the EIA showed. In the long run, OPEC projected that its market share could be maintai
For a modern-day business, operating in an era that is brimming with thousands of “how to” strategies, first principles thinking could be the difference between a million and billion-dollar company. I
Publicly listed companies are generally designed to efficiently manage public funds and give investment value back to the public in the form of either a dividend or share price increment
Bard Santner, an asset, corporate finance and wealth management firm has launched Gold Coin Unit Trust to support long-term savings by common Zimbabweans and significantly advance financial inclusion
The Invictus exploration process is turning into a gambling circus after the company announced that it has established new discoveries within the failed Mukuyu 1 body
Although the jury is still out and awaiting US CPI data (which is set to be released on Thursday), the net market perception is geared towards an expectation that The Fed will loosen its aggressive st
Bindura Nickel, a VFEX-listed mining giant has recorded a H’Y 2022 financial period results plunged in losses. The nickel mining cooperation company’s loss pool primarily originated from a 16% recorde
Zimbabwe's energy sector has made some positive recovery after the sector and the government have tirelessly worked towards restoring order. This has been seen as the government recently disbursed US$
Karo’s listing came a week after, Simbisa Brands Limited, became the 6th counter, adding to financial services group Nedbank Zimbabwe, giant seed producer and distributor, SeedCo International Limited
Nigerian Banks started issuing new naira notes today in conformity with directions from the Central Bank of Nigeria. Today, commercial banks will start dispersing the eagerly anticipated, newly redesi
The money made from the sale of goods and services has been increasing steadily between FY2016 and FY2021, with revenue growing at a Compound Annual Growth Rate (CARG) of 4.79%. However, it should be
Zimbabwe’s undying but slowly suffocating problem has been inflationary pressures and the MPC implored multiple tools to reduce the pressures. The financial sector has remained the focal point for con
The ramifications of Tongaat Hulett’s balance sheet fraud, allegedly carried out by former chief executive Peter Straude and other managers, have been on full display this year. While the issue has be
