Simbisa forecasts revenue increase
SIMBISA Brands, the Quick Service Restaurant (QSR) is generating sufficiently strong free cash flows to drive its 180 potential projects identified over the next two financial years, a leading equities … Read More
Category: Markets
Equities market requires strategy
A good investment strategy backed by knowledge and understanding is key to reaping good returns on the equities market for retail investors, an expert has said. This advice comes as … Read More
Stock Market Weekly Review
The Zimbabwe Stock Exchange (ZSE) closed positive for the week to Wednesday March 22 with the market capitalisation up 12,45 percent to close the week at $3,1 trillion from a … Read More
Take advantage of VFEX – SMEs urged
SMALL to medium enterprises (SMEs) have been urged to make full use of the Zimbabwe Stock Exchange and the Victoria Falls Stock Exchange as investment platforms available to grow their … Read More
Axia records $10bn profit
VICTORIA Falls Stock Exchange (VFEX)-listed company, Axia Corporation Limited, says it posted an operating profit of $10,396 billion in the last six months to 31 December representing a 16 percent … Read More
PPC hit by loadshedding, volumes dip
Zimbabwe Stock Exchange dual listed regional cement manufacturer, PPC, has said its Zimbabwe operations have been affected by loadshedding which has seen the country experience between 16-18 hours without electricity. … Read More
ZB increases stake in Mashonaland Holdings
ZB Financial Holdings (ZBFH) says it now holds a controlling 50,58 percent stake infellow Zimbabwe Stock Exchange (ZSE) listed property firm Mashonaland Holdings, aftercompleting its offer to minority shareholders. This … Read More
First Capital Bank to delist from ZSE, joinVFEX
FIRST Capital Bank Limited has announced plans to delist from the Zimbabwe Stock Exchange with intention to list at the Victoria Falls Stock Exchange (VFEX). This comes at a time … Read More
National Foods plans US$5m pasta plant
GIANT agro-processing company, National Foods Limited (NFL), plans to set up a US$5 million pasta plant by October to meet growing demand in the country and help reduce the import … Read More
ZSE confident of new listings
ZIMBABWE Stock Exchange (ZSE) chief executive Justin Bgoni says he is confident that the bourse will see new listings this year despite a number of companies jumping ship to the … Read More
