Economy is firing, says Delta
Delta Corporation has given a huge thumbs up to the country’s economic growth prospects saying “consumer spending remains high” while the informal sector is “buoyant” In its trading update for … Read More
Category: Markets
Delta to revive Scud
LISTED beverages producer, Delta Corporation Limited has said it is planning to revive its Scud beer brand to cover supply gaps on the market. “There are ongoing efforts to optimise … Read More
Natfoods invests US$12m in contract farming
Agro-industrial firm, National Foods (Natfoods) says it has invested US$12 milliontowards contract farming during the 2022-23 farming season. The group’s contract scheme is managed by its unit Paperhole Investments (PHI)Commodities … Read More
Seed Co VFEX ambition back on track
ZIMBABWE’S biggest seed producer, Seed Co Limited will list on the Victoria Falls Stock Exchange (VFEX) after securing board approval to migrate from the Zimbabwe Stock Exchange (ZSE), officials said … Read More
ZSE closes in the red for second consecutive day
The Zimbabwe Stock Exchange (ZSE), which has been on a gains run since the new year, closed Tuesday’s trades in red for the second consecutive day. Losses were spearheaded by … Read More
VFEX registers 18-fold jump in trade volumes
THE Victoria Falls Stock Exchange (VFEX) registered an 18-fold jump in trade volumes to close 2022 on US$12 million compared to US$619 000 in the prior year with officials saying … Read More
OK Zimbabwe revenue projected to reach US$346m
OK Zimbabwe, one of the biggest retail giants in the country, is seen earning US$346 million in revenue in the 2023 financial year, according to a research firm. In a … Read More
Positive close on Friday for ZSE
The ZSE All Share Index recovered by a marginal 124.23 points to close at 21 981.41 points in the last trading session of the week. Gains were recorded in Tanganda … Read More
Lafarge to change to Khayah Cement
CEMENT manufacturer, Lafarge Cement Zimbabwe Limited has revealed plans to change trade name to Khayah Cement which is subject to finalisation of the registration of the trade name by the … Read More
Simbisa targets more high-density areas
ZIMBABWE’S largest fast-food restaurant operator, Simbisa Brands is focusing on opening more outlets in “under-serviced areas” this year, chairman Addington Chinake said, as the company seeks to defend its market … Read More
