Delta weighs down the market…
The ZSE weakened in Monday’s session as losses in Delta weighed down the market to see three of the benchmarks in our review close in the red. The primary All … Read More
Category: Markets
First Mutual Properties revenue surges
Listed property firm — First Mutual Properties — registered a 674 percent surge in revenue to $53 million (in historical terms) for the quarter to September 30, despite the challenging … Read More
Q3 results show encouraging signs
Zimbabwe Stock Exchange (ZSE) listed firms have demonstrated some resilience despite Covid-19 ravaging the economy and way of life, with most companies reporting year-on-year sales volume growth for the three … Read More
Market extend gains as profit taking sets in…
The ZSE extended gains in Thursday’s session with the mainstream All Share Index adding 0.66% to close at 1,643.31prts while, the Industrials put on 0.68% to 5,437.53pts. The blue chips … Read More
ZPI delists from ZSE
ZIMRE Property Investments Limited (ZPI) has delisted from the Zimbabwe Stock Exchange (ZSE) after minority shareholders accepted new shares in its parent company, Zimre Holdings Limited (ZHL). In a statement, … Read More
RBZ to smoothen forex allocation system
Delays currently being experienced by firms in accessing foreign currency allotted to them at the auction trading system are teething problems and the central bank is working flat out to … Read More
VFEX generates investor interest
THE recently launched Victoria Falls Stock Exchange (VFEX), is generating interest from potential investors after it officially opened its doors late last month. VFEX was officially launched on 23 October … Read More
ZSE rebounds in week-opener…
The market rebounded in the new week as three of the benchmark indices in our review closed in the black. The primary All Share Index gained 1.20% to 1,578.34pts while, … Read More
Forex auction revs up industry
Guaranteed allotments of foreign currency at a stable price in the auction system for the productive sectors and the accompanying confidence in the national currency that allows local bills to … Read More
Delta Corporation on recovery path
Zimbabwe Stock Exchange listed beverages giant, Delta Corporation, reported an encouraging set of results for the half year to September 2020, defying the impact of Covid-19 related restrictions that characterised … Read More
