Blue – Chips drive Monday market recovery
The Zimbabwe Stock Exchange (ZSE) All Share Index started the week on a positive note, advancing by 1.68 points or 0,62 percent to close at 272.13 points. Gains in blue-chip … Read More
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‘ZSE left with two valuable counters’
THE Zimbabwe Stock Exchange (ZSE) now has Delta Corporation Limited and Econet Wireless Zimbabwe as the only valuable counters, as firms are leaving the bourse for a listing on the … Read More
Econet deploys 32 5G base stations, earmarks additional 120 sites
The rollout comes as Econet is seeking to improve user experiences and increase its ability to compete at a global level in terms of quality and capacity.TELECOMMUNICATIONS firm, Econet Wireless … Read More
ZSE: Investors resort to profit taking
The Zimbabwe Stock Exchange (ZSE) All-Share Index ended the week 2.10 percent lower as investors continue to take profits. The All-Share Index was weighed down by significant losses in heavyweights … Read More
Axia Corporation records mixed results across units
Axia Corporation, which recorded mixed performance across its operations in the first quarter to September 2024, remains optimistic that the operating environment in Zimbabwe and the region in general will … Read More
Mashold revenue up 17% in 9 months
PROPERTY developer, Mashonaland Holdings Limited (Mashold), recorded a 17% rise in revenue to US$5,17 million for the nine-month period ended September 30, 2024, as its Milton Park Day Hospital Project … Read More
Broke govt cuts spending amid tight fiscal space
TREASURY has directed ministries to prioritise spending for the rest of 2024 as it focuses on wages and social service expenditures while cutting travel-related costs amid a tight fiscal space … Read More
TSL still in talks to buy Nampak Zimbabwe for US$25m
South African packaging group Nampak Limited, the owners of NSAHL, first announced its intention to sell NZL in October for a consideration of US$25 million to TSL.AGRICULTURE concern, TSL Limited … Read More
‘New products, listings to spur VFEX activity’
NEW products and listings expected to onboard the Victoria Falls Stock Exchange (VFEX) this will improve trading activity and liquidity, which has been an area of concern, market watchers say. … Read More
Nampak Zimbabwe disposal negotiations are still ongoing
Nampak Zimbabwe says negotiations on the proposed disposal of 51,43 percent stake to TSL Limited are still ongoing, and the deal remains subject to the fulfilment of various suspensive conditions. … Read More
