Green-tech company to list on JSE
Pan African green technology company, Agilitee Africa has engaged a financial advisory company as it set its sights on listing on the Johannesburg Stock Exchange. The company whose subsidiary, Agilitee … Read More
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NicozDiamond raises stake in Moza insurer
FIRST Mutual Holdings (FMHL) now controls 71,4 percent of Diamond Seguros Mozambique, from 51,4 percent previously, after the company injected additional capital to increase its stake, as the group seeks … Read More
‘Zim capital markets evolving, going digital’
Zimbabwe’s capital markets continue to evolve and through the digitalisation of trading, the market keeps transforming and building capacity to offer a wide variety of new products, a senior executive … Read More
Afreximbank disbursed US$2,6 billion to African projects in 2021
Minister of Finance and Chairperson of the General Assembly of the African ExportImport Bank (Afreximbank), Mohamed Maait, said that the bank achieved good financial results throughout the past two years … Read More
CBZ’s earnings significantly reduced in Q1
CBZ Holdings Limited earnings for the first quarter to March 31, 2022 where significantly reduced from the comparable prior year. Figures contained in a first quarter trading update released by … Read More
Bread price must go down: RBZ
THE Reserve Bank of Zimbabwe (RBZ) yesterday directed that bread prices should be reviewed downwards from $640 in line with the official foreign currency exchange rate and global trends. This … Read More
Local investors dominate Chengetedzai platform
LOCAL investors continue to dominate accounts opening on the Chengetedzai Securities Depository (CSD) platform, the firm said. It said 94,98% of new accounts that came on stream last month where … Read More
‘Airports expansion will boost passenger handling capacity’
THE Airports company of Zimbabwe (ACZ) says planned and ongoing expansion projects of the country’s airports will boost passenger handling capacity to 9,2 million annually, from 5,5 million currently. Extended … Read More
CBZ, ZB hint on potential merger
GIANT financial institutions, CBZ and ZB Holdings Limited have notified their shareholders of separate potential acquisitions that could have an impact on securities In a cautionary statement, ZB Holdings, which … Read More
Sable Chemicals readies to trim imports Rehab exercise to yield 200k tons/year
AMMONIUM Nitrate (AN) fertiliser manufacturer, Sable Chemicals Industries, has made significant strides in refurbishing its plant in a bid to increase production to about 200 000 tons per year as … Read More
