OK Zim banks on dollar deals
RETAIL chain OK Zimbabwe has said it will bank on dollar deals to grow the customer base despite the rise in the number of unregulated informal operators in the country. … Read More
Category: Markets
PPC Zimbabwe reclaims market share
LISTED cement manufacturer, Pretoria Portland Cement (PPC) recorded a three percent increase in sales volumes for the five months to August this year compared to the same period in 2022. … Read More
Proplastics to install substantial solar generation plant
Listed piping systems producer, Proplastics Limited is within the next six months expected to install a substantial solar generation plant to augment the availability of power supply and minimise operational … Read More
Seed Co reports solid performance
Listed seed processor, Seed Co Limited International, has reported robust performance for the first five months of the current financial year, demonstrating resilience in a difficult economic landscape. The company … Read More
GetBucks bids ZSE adieu
GetBucks Financial Services becomes the latest firm to go private as it leaves the Zimbabwe Stock Exchange (ZSE) after nearly seven years and eight months as a listed entity. The … Read More
Follow your rights, securities firm tells Econet shareholders
LOCAL research firm Inter-Horizon (IH) Securities has said it is more attractive for Econet Wireless Zimbabwe (EWZ) shareholders to exercise their rights offer in local currency should the interbank rate … Read More
CBZ Holdings new acquisition still on hold
The country’s arguably largest financial institution, CBZ Holdings, has issued another cautionary statement in which it says it is in discussion to takeover a complimentary business. Group chief governance officer, … Read More
Starafricacorporation turnover up 30%
SUGAR producer starafricacorporation experienced a turnover increase of 30% for the financial year ended March 31, 2023, with the surge largely driven by the strong demand for its products during … Read More
CBZ, FMHL deal to create much-needed critical mass
CBZ Holdings shareholding in First Mutual Holdings (FMHL) is now at 36 percent and the company believes the acquisition thrust is to merge the two operations to achieve scale to … Read More
Getbucks gets nod to delist from ZSE
GETBUCKS Microfinance Bank Limited shareholders have passed a special resolution for the financial firm to delist from the Zimbabwe Stock Exchange (ZSE) after it indicated that continued listing was now … Read More
