DZHL volumes drop 32% in first half
Zimbabwe Stock Exchange listed entity Dairibord Zimbabwe Holdings Limited (DZHL) found the going tough for the half year period to June 2020. The period saw the company record a 32 … Read More
Category: Markets
RBZ forex auction allots US$25 million to firms as Zim-dollar strengthens
RESERVE Bank of Zimbabwe (RBZ) 15th foreign exchange auction Tuesday allotted a total US$24.5 million worth of foreign currency as the Zimbabwe dollar gained by ZW$0.05 cents against the US … Read More
ZSE back in the red
The Zimbabwe Stock Exchange see-sawed back into the negative territory on Tuesday, reversing the marginal gains that had been recorded on Monday. The market witnessed heavy losses across the board … Read More
Exchange rate stability reaches new heights
The exchange rate saw its smallest ever movement in yesterday’s auction, a 0,06 percent firming of the Zimbabwe dollar, about one sixteenth of one percent, to fall to $81,4439 from … Read More
Victoria Falls Stock Exchange (VFEX): What is the game plan?
IN a bid to attract increased investment as part of the wider economic transformation agenda, Zimbabwe is establishing the Victoria Falls Stock Exchange (VFEX) to deepen capital investments by tapping … Read More
ZSE puts final touches to VFEX
ZIMBABWE Stock Exchange (ZSE) officials last Thursday met Victoria Falls Municipality management and other stakeholders in the resort town to finalise steps towards the operationalisation of the much awaited Victoria … Read More
‘Forex auction transparent’
The foreign currency auction is not open to manipulation as bidders make their own applications, setting their own exchange rate, which are submitted to the auction through their banks. Reserve … Read More
Missing out on the gold rally
This week, one of the country’s primary gold producers, RioZim, released its results for the half year to June 30, 2020. The ZSE listed entity said it had recorded low … Read More
The exchange rate strengthens again
Following Tuesday’s foreign currency auction, the Zimbabwe dollar was stronger for the fourth consecutive week against the greenback. A record US$31 million was also allotted with the bulk going toward … Read More
ZSE targets individual investors
In a tweet this week, Zimbabwe Stock Exchange chief executive Justin Bgoni wrote: “The need for ordinary Zimbabweans to participate on ZSE remains a big concern. With daily trades around … Read More
