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
Companies
Old Mutual Cuts Client Cash Outflow by R7bn in First Half

Old Mutual reduced the amount of client money leaving the group by R7.00 billion during the half year ended 30 June 2026, cutting its net client cash outflow from R10.13 billion to R3.13 billion. The

Sep 01, 2026

Top Stories

ZIDA Rejects SEZ Status for Varun's US$250 Million Carlsberg Brewery

imbabwe's investment promotion agency has rejected Varun Beverages' application for Special Economic Zone status at a proposed beer manufacturing site in Beatrice, placing the country's export require

2 days ago

Insurance Claims Delays Expose Gaps in Regulatory Enforcement

Complaints against Zimbabwe's short-term insurance sector more than doubled during the first half of 2026, with delayed claims settlement accounting for 81% of cases received by the Insurance and Pens

2 days ago

Insurance Brokers Handle US$105 Million Amid Rising Costs, Capital Pressure

Zimbabwe's insurance brokers have facilitated approximately US$105 million in gross premiums during the first half of 2026, with foreign currency accounting for 94% of the business, according to the I

2 days ago

Zimbabwe's Gold Mining Policy Forces Early Redwing Restart Ahead of Feasibility Study

Zimbabwe's new limits on foreign participation in small-scale gold mining have pushed Nasdaq-listed Namib Minerals to accelerate the reopening of Redwing Mine in Penhalonga, Manicaland, before comple

Nov 07, 2026

Zimbabwe’s First Wind Farm to Out-Produce All Independent Power Producers Combined

Zimbabwe’s planned US$300 million Guruve–Mazowe renewable energy project would deliver an average of about 63 megawatts (MW) to the national grid once running, more than the 46 MW that all of the coun

Nov 07, 2026

Afdis Pays $1.8M to ZIMRA Under 'Pay Now, Argue Later' Principle Amid Wider $97M Delta Dispute

African Distillers Limited (Afdis) has completed payment of approximately US$1.8 million in disputed income tax assessments issued by the Zimbabwe Revenue Authority (ZIMRA), while continuing legal and

Nov 06, 2026

Zimbabwe's Farming Insurance Revenue Falls 26% Ahead of El Niño Drought Risk

Zimbabwe's conventional farming insurance industry recorded a 25.5% decline in revenue during the first half of 2026, raising concerns about the agricultural sector's financial preparedness ahead of

Nov 06, 2026

Pension Arrears Reach US$182 Million, Employer Defaults Erode Retirement Savings

Zimbabwe's occupational pension funds were owed US$181.78 million in outstanding contributions at the end of June 2026, an increase of US$55.52 million in six months that has exposed persistent weakne

Nov 06, 2026