Axia in share buy-back scheme
RETAIL and distribution company, Axia Corporation Limited (ACL) will buy back 3% of its outstanding shares for $1,06 billion between now and its next annual general meeting (AGM) to maintain … Read More
Category: Markets
Datvest not reconstituting ETF basket
CBZ Holdings says ZSE-listed companies which are part of its consumer staples basket migrating to the Victoria Falls Stock Exchange (VFEX) will present an opportunity to add USD-denominated assets for … Read More
Axia Corporation joins VFEX listing queue
RETAIL and specialty distribution group, Axia Corporation Limited, is set to join the growing list of Victoria Falls Stock Exchange (VFEX) listed firms as it plans to delist from the … Read More
National Foods launches 5 new cereal products
AGRO-PROCESSING firm, National Foods Limited, has launched five new breakfast cereal products under its Pearlenta’s Nutri Active range, which the company says is meant to cater for the whole family … Read More
Simbisa becomes 6th VFEX counter
FAST-FOOD group, Simbisa Brands Limited, became the 6th counter to officially list on the foreign currency-denominated Victoria Falls Stock Exchange (VFEX) on Friday. The group’s management has expressed excitement at … Read More
Volatile economic conditions cause for concern: EcoCash
Listed fintech group- EcoCash Holdings Limited — says the volatile economic conditions in the country are a cause for concern and weighing on their business. Despite positive economic projections for … Read More
Innscor Africa on growth trajectory
Diversified industrial conglomerate, Innscor Africa Limited, is projected to maintain growth in its earnings supported by capacity expansion initiatives as well as diversity in product offering. The group recently announced … Read More
Tilting focus towards alternative investments
The temptation to limit the scope of investing to only listed securities is very high, especially for retail investors. Worse off with the almost non-existent local fixed-income market due to … Read More
National Foods new mill to increase capacity by
2 000 tonnes per month
ZIMBABWE Stock Exchange (ZSE) listed food processing giant National Foods HoldingsLimited’s new mill at their Bulawayo site is set to increase wheat milling capacity by 2000 tonnes per month.In an … Read More
Tigere REIT listing on ZSE, brings hope to property sector
Tigere Real Estate Investment Trust (REIT), has been listed on the Zimbabwe Stock Exchange and will start trading today, bringing hope of further expansion to the property sector. Speaking at … Read More
