Axia maintains focus on volume growth
Specialty retail and distribution group, Axia Corporation says it will continue to invest in volume growth during financial year 2024 (FY24) in a move expected to enhance product supply and … Read More
Category: Quoted Equities
Eng Mabena retires at Cafca Limited
Listed cables manufacturer CAFCA Limited has announced the retirement of Engineer Alvord Mabena after 25 years as a board member. Eng Mabena retired on 24 August together with Mr Gideon … Read More
Kuvimba Mining House eyes listing on VFEX
ZIMBABWE’S largest mining group, Kuvimba Mining House (KMH) is eyeing to list on the Victoria Falls Stock Exchange in a bid to unlock shareholder value of the firm as it … Read More
ZSE experiences dislocation
RESEARCH firm Inter Horizon Securities (IH) says it continues to observe a dislocation between fundamentals and performance of the Zimbabwe Stock Exchange (ZSE), due to the depreciation of the local … Read More
Axia FY23 revenue marginally declines
Specialty retail and distribution firm, Axia Corporation’s revenue for the full year to June 30, 2023 declined marginally to US$203,8 million compared to US$204 million recorded in the previous comparable … Read More
BAT banks on business remodeling to drive growth
BAT Zimbabwe, a listed cigarette manufacturer, says the continued investment in simplification of the business model will enable the company to deliver sustained growth and contribute to the socio-economic development … Read More
Padenga doubles renewable energy generation capacity
PADENGA Holdings Limited says it intends to double its solar farm output capacity, as it mulls to become energy self-sufficient in some parts of its operations on the back of … Read More
VFEX engages potential issuers
THE Victoria Falls Stock Exchange (VFEX) says it is engaging potential issuers in a bid to expand its trading parameters on the platform and attract more investors. This comes after … Read More
ZSE turnover jumps 418pc over 3 months
The Zimbabwe Stock Exchange (ZSE) total turnover for the third quarter of 2023 jumped 418 percent to $171 billion compared to $33 billion recorded during the same period in the … Read More
FCB to internally finance new head office construction
Victoria Falls Stock Exchange (VFEX)-listed First Capital Bank says construction of the new head office in Borrowdale, Harare, will be financed from internal resources as the bank has a rolling … Read More
