ZSE tipped for another bullish year
The Zimbabwe Stock Exchange is expected to continue on an upward trajectory in 2021 in spite of the headwinds currently bedevilling the economy, a leading local asset management firm has … Read More
Category: Markets
Market strategists bullish about 2021 despite uncertainties
According to Krosby’s analysis, with a weaker US dollar and a stronger Chinese economy, emerging markets should continue to do well For equities, 2020 was an unprecedented year featuring a … Read More
Forex business boon for Zim capital markets
Zimbabwe’s capital markets are likely to see a spike in US dollar-denominated assets after Government last year allowed insurance companies and pension funds to collect premiums and contributions in foreign … Read More
Lafarge completes crucial test runs. . …. US$2,2m plant bolsters expansion drive
ZIMBABWE Stock Exchange-listed cement maker Lafarge Cement yesterday said it had completed crucial test runs on a multi-million-dollar dry mortars plant, as work towards assembling another key plant began. A … Read More
RBZ’s OMOs keeping money supply on tight leash
The value of open market operation bills that the Reserve Bank of Zimbabwe is using to mop up liquidity from the banking sector is currently standing at $4 billion, as … Read More
Nheweyembwa new GetBucks CEO
GetBucks Microfinance Bank has appointed seasoned banker George Nheweyembwa as CEO with effect from January 1 as the fintech concern realigns its management in line with the changing environment. He … Read More
NSSA refocuses investment strategy
HARARE, The National Social Security Authority (NSSA) says it is currently implementing a refocus strategy that involves divesture, consolidation, and optimisation of its investments to unlock value for the benefit … Read More
Stock Market Weekly Review
The Zimbabwe Stock Exchange (ZSE) was weighed down by selling pressure during the first week of the year as demand remained depressed. This saw all indicators close the week to … Read More
Money market yields to remain strained
Zimbabwe’s money markets could continue to underperform going forward as authorities keep a tight leash on interest rates. Money market basically refers to the market where all short-term financial instruments … Read More
Currency reforms drive retrocession insurance
Emergent risk from the currency reforms that culminated in the re-introduction of the Zimbabwe dollar in 2019, saw an increased number of reinsurers passing on risk to retrocessionnaires. Retrocession insurance … Read More
