ZSE faces pressure amid broad market declines
The Zimbabwe Stock Exchange (ZSE) experienced a challenging session on Tuesday, with the All-Share Index (ALSI) sliding by 3,2 percent to close at 227.74 points. The Top 10 Index fell … Read More
Category: Quoted Equities
Tanganda, no longer migrating to VFEX , creates a new class of shares
Tanganda Tea Company says it is no longer interested in migrating its listing to the Victoria Falls Stock Exchange (VFEX) and instead will be creating a new class of shares … Read More
Delta, Econet in focus as dividend payouts and earnings set market tone
Trading on Zimbabwe’s equities market exhibited mixed sentiments on Monday, with notable movements on both the Zimbabwe Stock Exchange (ZSE) and the Victoria Falls Stock Exchange (VFEX). Market players grappled … Read More
National Foods delists from VFEX
National Foods Limited has proposed a voluntary delisting from the Victoria Falls Stock Exchange (VFEX), saying the move would grant the group increased flexibility to streamline its operations and concentrate … Read More
National Foods explains VFEX delisting
National Foods Holdings Limited, listed on the Victoria Falls Stock Exchange (VFEX), has announced its decision to delist from the bourse, stating that it no longer requires capital from public … Read More
RTG purchase of Montclair Hotel and Casino for US$5 million almost complete
RAINBOW Tourism Group (RTG) is nearing a US$5 million acquisition of Montclair Hotel and Casino (Private) Limited in Juliasdale, Nyanga as it has signed a sale and purchase agreement for … Read More
ZSE halts trading of Meikles shares
The Zimbabwe Stock Exchange (ZSE) has halted trading in Meikles Limited shares with immediate effect. The halt will remain in place until further notice, Justin Bgoni, the ZSE chief executive … Read More
ZSE advances as Econet gains on strong earnings
The Zimbabwe Stock Exchange (ZSE) All Share Index edged up 0,48 percent on Thursday, adding 1.32 points to close at 277.40 points, as gains in several heavyweight stocks offset losses … Read More
From calls to clicks: Data drives Econet’s growth, outpacing airtime
Econet Wireless Zimbabwe, the country’s leading mobile network operator, is now generating more revenue from its data and internet services than it does from airtime, latest financial shows. The mobile … Read More
Simbisa to expand Zim footprint
In September, Simbisa announced that it would expand its footprint by opening 25 new counters in Zimbabwe in the current financia year. This would also be supported by an upgrade … Read More
