RBZ rejects Seed Co deal, company set to relist on ZSE
Seed Co Limited (Zimbabwe) is set to relist on the Zimbabwe Stock Exchange on 21 June 2021 after the Reserve Bank of Zimbabwe declined to approve its acquisition by Seedco … Read More
Category: Markets
Crocodile skins producer shifts focus to VFEX listing
LEADING crocodile skins producer, Padenga Holdings Limited, is seeking to re-list its shares onto the Victoria Falls Stock Exchange (VFEX) to allow the firm to raise capital in foreign currency … Read More
Weekly forex allotment clocks US$46 million
THE amount of foreign currency allocated to bidders at this week’s auction system reached a record high of US$46,9 million from, which 981 bids were accepted. The weekly Foreign Currency … Read More
Businesses still defy official bank rate
MOST companies in both the formal and informal sector have reverted to black market rate pricing in defiance of Statutory Instrument (SI) 127/2021 compelling businesses to use the official bank … Read More
Reserve Bank names companies abusing foreign exchange auction system
THE Reserve Bank of Zimbabwe has named 18 companies that have been abusing the foreign exchange auction system. The RBZ released a statement and said the companies that were found … Read More
VFEX listing to ignite Dallaglio spending spree
PADENGA Holdings’ mining operation, Dallaglio will be the most immediate beneficiary of a planned listing on the underachieving Victoria Falls Stock Exchange (VFEX), Inter Horizon Securities (IHS) said at the … Read More
Delta in solid performance
Delta last week released a strong set of results for the full year to March 2021 despite operating in an environment that was characterised by restrictions to social and economic … Read More
Padenga to switch listing to the VFEX
Crocodile breeding firm, Padenga Holdings Limited, will terminate its listing on the main board of the Zimbabwe Stock Exchange (ZSE) and relist on the Victoria Falls Stock Exchange CROCODILE breeding … Read More
Bulls active again on the Zimbabwe Stock Exchange
A bullish sentiment prevailed on the Zimbabwe Stock Exchange (ZSE) which saw the market overturn prior week losses. Resultantly, all key indicators closed the week to Wednesday pointing northwards on … Read More
Delta in solid performance
Delta released a strong set of results for the full year to March 2021 despite operating in an environment that was characterised by restrictions to social and economic activity implemented … Read More
