Inflation subsides as ZSE gains on Monday
The Zimbabwe Statistics Agency (ZIMSTAT) said the country’s month – on – month and annual inflation cooled in the month of November with food inflation accounting for the biggest drop. … Read More
Category: Markets
Meikles and partners to develop US$1.6 m children’s village
Diversified hospitality group, Meikles Limited, in conjunction with some partners, is developing a US$1,57 million Rainbow Children’s Village (RCV) as part of the group’s corporate social responsibility initiatives. RCV is … Read More
Tigere REIT lists on ZSE today
TIGERE Real Estate Investment Trust (Tigere REIT) will list on the Zimbabwe Stock Exchange (ZSE) today after the initial offer put out last month attracted “tremendous” support from investors. The … Read More
Innscor revenue projected to increase by 23%
ADVISORY firm IH Securities has projected a 23% rise in revenue at the Zimbabwe Stock Exchange-listed conglomerate, Innscor Africa Limited, for the 2023 financial year, from a combination of volume … Read More
VFEX growth exceeds expectation – Professor Ncube
FINANCE and Economic Development Minister, Professor Mthuli Ncube, has lauded the rapid growth of the Victoria Falls Stock Exchange (VFEX), which witnessed the listing of the fifth counter, Nedbank Group … Read More
TM Pick n Pay drives Meikles revenue growth
Meikles Limited’s revenue for the year to September 30, 2022, bulked 30 percent to $129,3 billion driven by remarkable growth recorded at its supermarket segment – TM Pick n Pay. … Read More
Turnall volumes fall 34pc in Q3
Zimbabwe Stock Exchange-listed manufacturer, Turnal Holdings Limited, suffered a volume reduction of 34 percent for the third quarter that ended 30 September 2022. In a trading update released on Thursday … Read More
Simbisa halts share sales during VFEX changeover
QUICK service restaurant provider, Simbisa Brands Limited has notified investors that they will not be able to buy or sell shares for a week as it shifts from the Zimbabwe … Read More
Border Timbers bullish on demand prospects
Border Timbers says it remains positive about demand for lumber poles despite seeing a 23 percent decline in sales volume for the quarter to September 30, 2022, compared to the … Read More
ZSE All Share Index declines
THE Zimbabwe Stock Exchange (ZSE)’s All Share Index declined 25,37% during the third quarter of this year, as a tight central bank monetary policy took effect, a new report showed … Read More
