The exchange rate strengthens again
Following Tuesday’s foreign currency auction, the Zimbabwe dollar was stronger for the fourth consecutive week against the greenback. A record US$31 million was also allotted with the bulk going toward … Read More
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Zimplow eyes transport, logistics businesses
ZimPLOW, a manufacturer and distributor of agricultural, mining and construction equipment, has announced plans to acquire businesses that will see the Zimbabwe Stock Exchange listed company diversify into the transport … Read More
Audit to unmask Zisco losses
THE Government would soon carry out a forensic audit at the defunct steel giant, Ziscosteel, to quantify and ascertain the losses at the company, acting Ziscosteel board chairperson, Engineer Martin … Read More
ZSE launches online trading platform
The Zimbabwe Stock Exchange (ZSE) yesterday launched a new online trading platform that is targeted at retail or individual investors. The new official platform, ZSE Direct, is an online trading … Read More
Commuter omnibuses given green light to operate
GOVERNMENT has given commuter omnibuses the nod to start operating but they have to register with relevant authorities and also strictly comply with Covid-19 health guidelines. The kombis among other … Read More
Buyer snaps 74 pc of ZSE listed Bindura
The Zimbabwe Stock Exchange continued to lose ground on Thursday as foreign investors as well as those looking to boost their liquidity positions continue to sell off the market. According … Read More
Foreign Currency constitutes bulk of broad money
By value foreign currency now constitutes the bulk of the broad money in the country’s banking sector, latest statistics from the Reserve Bank of Zimbabwe show. According to the central … Read More
Forex auction allotments top US$30m
Foreign currency allotments leapt almost 50 percent in yesterday’s auction to more than US$31,6 million, smashing spectacularly a record set just a week ago, and with around two thirds of … Read More
Firm gold price rescues RioZim
Listed miner, RioZim Limited, says gold production volumes plunged 39 percent in the interim to June 2020 largely weighed down by power outages, frequent mill breakdowns, low grade ore and … Read More
TSL in mixed third quarter performance
Listed industrial firm, TSL Holdings’, performance across its various categories was generally depressed in the third quarter to July 31, 2020 dragged down by the impact of the Covid-19 pandemic. … Read More
