Getbucks loan uptake continues to jump
Listed financial services firm GetBucks Micro-finance Bank says its loan book has continued to improve after loans more than doubled between January and May 2021. Figures from Getbucks show that … Read More
Category: Markets
Zim dollar slightly eases against US dollar
THE Zimbabwe dollar slightly eased against the United States dollar at the weekly foreign currency auction platform to trade at 85,42 on Tuesday compared to last week’s 85,36. Data provided … Read More
FMHL GPW up 494% y/y to May 31, 2021
Harare-ZSE listed Insurance and Property Management Group, First Mutual Holdings Limited (FMHL) saw its Gross Premium Written (GPW) rising 494% to ZWL$3.92bn by May 2021 vs ZWL$0.66bn in prior year. … Read More
First Mutual Properties Revenues up 352% y/y
Harare-ZSE-listed Properties Investment concern, First Mutual Properties Limited (FMP)’s total revenue for the 5 months to 31 May 2021 rose 352% over the comparable period in 2020. This compares favourably … Read More
Liberalise exchange controls, says CZI
The Confederation of Zimbabwe Industries insists, exchange controls in the country “need to be liberalised as the gap between the official rate and the parallel market continues to widen creating … Read More
Rich pickings for exporters under new RBZ incentive scheme
According to the RBZ Foreign Investment and Trade Framework (framework) investors can invest through Zimbabwe Investment Development Agency (for greenfield projects), the Zimbabwe Stock Exchange for listed companies or the … Read More
Commodities exchange ready to open doors
Government has promulgated Statutory Instrument (SI) 184 of 2021 that will operationalise the much-awaited agriculture commodities exchange, the Zimbabwe Mercantile Exchange (ZMX). In this regard, the exchange originally scheduled for … Read More
CBZ’s Mudavanhu named IoDZ director of the year
CBZ Holdings chief executive, Blessing Mudavanhu, on Thursday scooped the Institute of Directions Zimbabwe (IoDZ) 2021 director of the year award with IoDZ chairman Dr Mike Juru lauding business leaders … Read More
Seed Co eyes growth after failed merger
Seed Co Limited says it will continue with its growth strategy despite abandoning its consolidation plans, which were turned down by the Reserve Bank of Zimbabwe (RBZ). In an interview, … Read More
Stock Market Weekly Review
Equities on the Zimbabwe Stock Exchange (ZSE) traded mixed during the week which saw three of the benchmark indices close in the negative. During the week to Wednesday, the primary … Read More
