Padenga goes all-in on gold mining
MINER and crocodile farmer, Padenga Holdings Limited (Padenga) has announced that it will list slightly over 253 million new ordinary shares to acquire the remaining 49,9% stake in mining concern, … Read More
Category: Markets
ZSE recovers despite liquidity and geopolitics effects on markets locally and abroad
On Tuesday, local markets showed glimpses of recovery, while, global financial markets exhibited mixed performances amid ongoing economic uncertainties and geopolitical tensions. Commodity markets reflected investor caution, with fluctuations observed … Read More
ART sales down 13pc despite battery segment improvement
ART Corporation says relative exchange rate stability and improved power availability enhanced its battery segment operations in the first quarter ended December 2024. According to ART, these improvements particularly enabled … Read More
Khayah to delist from ZSE, owes creditors US$68mln
HARARE – Khayah Cement Limited is taking decisive action to stabilize its finances as the company navigates through significant operational challenges. In a concerted effort to recover from ongoing financial … Read More
Research firm sees surge in Seed Co valuation
SECURITIES firm, Morgan & Co, has predicted that Seed Co Limited’s stock price will surge to 33,6 US cents per share over the next 12 months, driven by strong seed … Read More
Zimbabwe Stock Exchange dips as Victoria Falls Exchange gains
The Zimbabwe Stock Exchange (ZSE) continued its downward trend, with the All Share Index slipping by 0,09 percent to close at 191.55 points.Market capitalisation declined by 1,31 percent to ZiG … Read More
Tanganda finalising details of a circular for proposed transactions
Tanganda Tea Company says it is finalising details of a transaction on the proposed creation of a new class of shares and the raising of US$8 million that will be … Read More
Exercise caution during ZSE bull run: Akribos
LOCAL research firm, Akribos Research Services, has encouraged investors to exercise caution during the Zimbabwe Stock Exchange (ZSE) bull runs, as the bourse’s performance is tied to movements on the … Read More
ZSE urges shareholders to dematerialise share certificates
The Zimbabwe Stock Exchange (ZSE) is urging its shareholders to submit their share certificates for the dematerialisation process, which is part of preparations for the listing of ZSE Limited on … Read More
Liquidity cycles dictate market performance – IH Securities
Zimbabwe’s economic landscape continues to evolve, with significant shifts in external sector performance, banking sector stability and monetary policy direction.As the country navigates a constrained liquidity environment, key economic indicators … Read More
