Search results for 'asset management'
Companies
Capitalizing on Recovery: ASUN Sells Underperforming Hotels for $6.9 Million to TD Hotels & Leisure

Zimbabwe’s largest hotel group, African Sun Limited (ASUN) is disposing two of its hotels: the Great Zimbabwe Hotel, located in Masvingo, and the Beitbridge Express Hotel, situated in Beitbridge accor

Sep 04, 2024
Companies
Iconic Monomotapa Hotel Put on Sale

The iconic Monomotapa Hotel has officially been placed on the market, as announced by its parent company, African Sun. This development was disclosed through a circular posted on the Victoria Falls St

Nov 06, 2024
Companies
Tigere Property Fund to Acquire Greenfields Retail Centre in Q3 2025

Tigere Property Fund, Zimbabwe’s pioneering Real Estate Investment Trust (REIT), is set to acquire the Greenfields Retail Centre in the third quarter of 2025 (Q3 2025). This comes after the company,

Mar 28, 2025
Companies
Zeco Holdings Sees Revenue Rise to ZWG 1,655 Million, Yet Losses Widen

Zeco Holdings, a perennial loss maker, has capped full year 2024 with a widened loss despite revenue growth, reporting a deficit of ZWG 549,281, up sharply from ZWG 254,334 in 2023. Yet, the company

Apr 11, 2025
Companies
Pfuma’s VFEX Listing Delayed After US$25m Private Placement

The Pfuma Fund Real Estate Investment Trust (REIT) has delayed its listing on the Victoria Falls Stock Exchange (VFEX), pushing the expected debut from 4 February to 13 February 2026, as fund manager

Feb 05, 2026
Companies
Pfuma REIT Shares Commence Trade on VFEX

The Victoria Falls Stock Exchange (VFEX) has welcomed a significant new entrant to its growing roster of USD-denominated instruments with the debut of trading in Pfuma Fund Real Estate Investment Trus

Feb 09, 2026
Companies
Morgan & Co ETF Loses 68% of NAV as Redemptions Drain Fund

The Morgan & Co Multi-Sector Exchange Traded Fund has ended 2025 with a Net Asset Value of ZWG 24.18 million, down from ZWG 75.25 million twelve months earlier. That was a 68% collapse in fund size wi

Apr 17, 2026
Zimbabwe
ZEEX’s First Partner: Evaluating INVESCI’s Real Market Impact Before the First Listing

The Zimbabwe Stock Exchange Limited has signed a Memorandum of Understanding with INVESCI Asset Management, establishing a strategic institutional partnership to advance the growth and development of

Jun 12, 2026
Zimbabwe
VFIFC Licences First 38 Firms, Creates USD Safe Zone Amid De-Dollarisation Push

Thirty eight companies received operating licences at a Victoria Falls International Financial Centre (VFIFC ) licence ceremony held in Harare yesterday, marking the operational launch of a financial

Jun 30, 2026
Zimbabwe
ZSE Partners with TN Asset Management to Build Pipeline for ZEEX SME Exchange: Can It Deliver Listing-Ready SMEs?

The Zimbabwe Stock Exchange has signed a Memorandum of Understanding with TN Asset Management to jointly identify, develop, and co-finance high-growth startups and SMEs with the potential to list on t

Jun 30, 2026

Top Stories

Karo Enters PGM Race at Unki and Mimosa Scale: Valterra Offtake Secures Route to Market Ahead of 2027 Start

Karo Platinum’s five year concentrate purchase agreement with Valterra Platinum removes a major commercial uncertainty from a project that has moved through four years of construction, weaker PGM pric

1 hour ago

Zimbabwe’s Aviation Recovery Leaves CAAZ Behind With US$52m Debt, Bigger Losses

Zimbabwe’s aviation market is expanding around a regulator whose balance sheet remains under considerable financial strain according to the Auditor General’s report. The Civil Aviation Authority of Z

2 hours ago

Bikita’s New Lithium Quota Exposes Zimbabwe’s 2027 Processing Gap

Zimbabwe has granted Sinomine Resource Group an additional quota to export 300,000 tonnes of lithium concentrate from Bikita Minerals, extending shipments from one of the country’s largest producers a

3 hours ago

Zimbabwe Turns to Weda Bay Model for Next Phase of Mineral Industrialisation

Zimbabwe is assessing whether the industrial model behind Indonesia’s Weda Bay complex can be replicated locally as the country attempts to move its mineral beneficiation strategy beyond individual pr

17 hours ago

Record 358.4m kg Tobacco Crop
Delivers Lower Returns for Farmers

Zimbabwe’s tobacco sales reached 358.4 million kilogrammes by 18 August 2026, extending the country’s record crop while the average price received at the marketing stage fell by about 25% to US$2.49 p

20 hours ago

Zimbabwe’s US$1.59bn Investment Pipeline Faces Execution Test: ZIDA Shifts Focus From Licences to Capital Deployment

Zimbabwe has approved almost US$1.59 billion of new investment proposals during the second quarter of 2026, although the more consequential number sits outside the licensing table. It is the amount of

23 hours ago

First Capital Put Nearly Two Thirds of New Lending Into Trade and Services

First Capital Bank has started putting its rapidly growing deposit base to work, although the destination of that money gives a more precise picture of the strategy than the headline 28% increase in l

1 day ago

Air Zimbabwe’s US$11m Loss Meets Growing Aviation Market: Passenger Growth Raises Return Hurdle on Fleet Renewal

One of the more revealing findings in the latest Auditor General report is that Air Zimbabwe can produce a clean set of accounts and still remain economically fragile. The Auditor General issued an un

1 day ago