VFEX continues to attract more firms
The month of October has seen the Victoria Falls Stock Exchange (VFEX), attract attention as more big companies have announced intentions to migrate from the main bourse to the US … Read More
Category: Markets
ZSE records fourth session on losses on Tuesday
The local bourse extended its losing streak on Tuesday by 0,70 percent due to losses in some highly capitalised stocks. The market closed negative with 15 laggards relative to six … Read More
Innscor diversified reach to sustain volume
growth
Innscor Africa’s diversified reach will remain key to driving the group forward, equitiesresearch firm IH Securities has said, amid projections this will help the group achieve 19percent volume growth in … Read More
Market opens the week on a low note
The local bourse opened the week negative, extending its losing streak for the third consecutive session as investors’ investment declined by $7,14 billion. The ZSE announced that the disposal of … Read More
Innscor Africa pours US$56m for expansion
Diversified industrial group — Innscor Africa Limited — has poured US$56 million worth of investment for the financial year 2023, which will go towards various expansion programmes across the group. … Read More
ZSE faces existential threat, but VFEX offers hope
The viability and sustainability of the Zimbabwe Stock Exchange (ZSE) is under threat as more companies are opting to delist from the bourse in favour of listing on the US … Read More
Zimplow pursues internal forex generation options
Zimplow, a farm implements manufacturer listed on the Zimbabwe Stock Exchange(ZSE), has said it is pursuing avenues to generate foreign currency internally to financeits operations due to challenges in procuring … Read More
Innscor upscales investment portfolio in Bulawayo
INNSCOR Africa Limited group is upscaling its investment portfolio in Bulawayo as the newUS$25 million fully automated manufacturing facility is expected to be operational before yearend.Added to that, the firm … Read More
Migrating to VFEX to help National Foods raise capital
According to the group, the listing on the US$ denominated VFEX, will also enable Blanket employees who hold long term incentive plan awards to opt for ZDRs rather than cash … Read More
Maize import bill cools by 81 pc as ZSE gains on Tuesday
Zimbabwe has seen its maize import bill drop by 81,78 percent in the eight months to August 2022 according to the latest figures released by the Zimbabwe Statistics Agency (ZimStats). … Read More
