Commodities Exchange to go live
The commodities exchange, the Zimbabwe Mercantile Exchange (ZMX), is doing final engagements with key stakeholders such as farmers before the exchange goes live this month. The engagements are to iron … Read More
Category: Markets
NSSA in talks to sell Turnall shares
Turnall Limited, says one of the major shareholders in the roofing and building materials supplier, National Social Security Authority (NSSA), is still engaged in discussions for a transaction to dispose … Read More
Forex demand in upward trajectory
Demand for foreign currency on the auction platform is showing an upward trajectory with 540 valid bids receiving their allotments with SMEs hitting a record total allotment of over US$3,1 … Read More
Some Seed-Co shareholders in a dilemma
Shareholders who do not accept Seed-Co International (SCIL)’s open market offer to acquire local subsidiary Seed-Co Limited (SCL)’s entire issued ordinary shares on the Zimbabwe Stock Exchange (ZSE) may find … Read More
Seed-Co rules out trading in outstanding shares
Shareholders who do not accept Seed-Co International (SCIL)’s open market offer to acquire local subsidiary Seed-Co Limited (SCL)’s entire issued ordinary shares on the Zimbabwe Stock Exchange (ZSE) may find … Read More
Indiscipline rife in forex market
THERE is worrying level of indiscipline by business in the domestic market, leaving authorities with little option but to intervene to forestall costly market failures if the flagrant disregard of … Read More
Take auction as step to market rate: CZI
THE foreign exchange auction system should be regarded only as a transitional means to a market based exchange rate regime, the Confederation of Zimbabwe Industries (CZI) said, as part of … Read More
Industry forex allotment jump 11,4 pc to US$38mln
OVER US$38 million was allotted to the productive sectors on Tuesday’s Reserve Bank of Zimbabwe (RBZ) weekly Foreign Currency Auction Trading System reflecting a 11,44 percent jump from the last … Read More
Covid-19 takes toll on Meikles’ performance
Diversified Zimbabwe Stock Exchange listed entity Meikles Limited, suffered volumes decline at its supermarkets segment as the impact of the Covid-19 pandemic took toll on the Group’s operations. Performance at … Read More
ETF boon for retail traders
Retail traders on the Zimbabwe Stock Exchange (ZSE) can easily buy shares of the Old Mutual ZSE Top Ten Exchange Traded Fund, after the bourse recently moved to make the … Read More
