Forex auction spurs industrial development: RBZ
THE Reserve Bank of Zimbabwe (RBZ) says 69,3 percent of the US$1,545 billion alloted since the introduction of the Foreign Exchange Auction System in June 2020 to June this year … Read More
Category: Markets
Caledonia moves to VFEX
Caledonia Mining’s new central shaft, pictured above, is expected to boost production to 80 000oz by 2022. Caledonia Mining Corporation Plc, which owns Blanket Gold Mine in Gwanda, has begun … Read More
Bulls, bears make money and pigs get slaughtered
A few weeks ago, I wrote that it is not advisable to be buying high-flying Zimbabwe Stock Exchange-listed stocks when they are way past their intrinsic valuations unless their fundamentals … Read More
Padenga ends ZSE alliance
CROCODILE breeding firm, Padenga Holdings Limited, delists its shares from the Zimbabwe Stock Exchange (ZSE) today ahead of relisting on the Victoria Falls Stock Exchange (VFEX) on Monday. Padenga’s chief … Read More
Regional diversification pays off for ZHL
Listed holdings company, Zimre Holdings Limited (ZHL), says strong performances by its Botswana and Mozambique operations helped the group push through slow business activity occasioned by the Covid-19 pandemic, as … Read More
Stock Market Weekly Review
Laggards dominated trades on the Zimbabwe Stock Exchange (ZSE) with four of the benchmark indices closing the week in the negative. During the week to Wednesday, the primary indicator the … Read More
ZSE halts trading in Padenga Holdings
Listed entity Padenga Holdings traded for the last time on the Zimbabwe Stock Exchange (ZSE) on Monday ahead of its listing on the Victoria Falls Stock Exchange (VFEX). The crocodile … Read More
ZSE to operate a central securities depository
The Zimbabwe Stock Exchange Limited (ZSE) has been granted a licence to operate a Central Securities Depository (CSD) by the capital markets regulator, which will enhance efficiencies at the local … Read More
ZSE institutes trading halt on Padenga ahead of delisting
Listed entity Padenga Holdings traded for the last time on the Zimbabwe Stock Exchange (ZSE) on Monday ahead of its listing on the Victoria Falls Stock Exchange (VFEX). The crocodile … Read More
SeedCo allays failed merger adverse impact fears
LEADING seed producer, SeedCo International Limited, says its planned merger that has failed to materialise will not have any adverse impact on SeedCo Limited, the group’s Zimbabwean subsidiary. The group … Read More
