CTC approves FBC, StanChart deal
THE Competition and Tariff Commission (CTC) has approved the acquisition of Standard Chartered Bank Zimbabwe (StanChart) by FBC Holdings (FBCHL) without conditions, making it one of the biggest banks in … Read More
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ZSE’s bearish trend continues
THE Zimbabwe Stock Exchange (ZSE) experienced market capitalisation losses last week, after recording under a US$2 billion market capitalisation for the first time since January 25, 2024, due to a … Read More
Three – month suspension for Truworths
The Zimbabwe Stock Exchange Limited (ZSE) has suspended clothing retailer, Truworths from trading for a period of three months. According to ZSE chief executive officer, Justin Bgoni, the suspension will … Read More
3 investors eye sugar industry
THREE potential investors have expressed interest in tapping into investments in the country’s sugar industry amid plans to set up a new milling plant in the Lowveld, which could break … Read More
ZSE halts trading in Truworths shares
The Zimbabwe Stock Exchange (ZSE) has halted the trading of Truworths Limited shares effective March 7 after the clothing retailer asked for voluntary suspension. In a notice to stakeholders, the … Read More
Edgars commended for continued expansion
GOVERNMENT has commended the resilience and continued expansion of Edgars Stores Limited in Zimbabwe, which has seen the company opening new branches and broadening its business to tap into new … Read More
‘Simbisa is a standout performer’
LEADING research firm Fincent Securities says the Victoria Falls Stock Exchange (VFEX)-listed Simbisa Brands Limited continues to be a standout performer, not only according to its financial indicators but in … Read More
Remove Zidera, Industry pleads
INDUSTRY leaders have pleaded for the total removal of the sanctions programme under the Zimbabwe Democracy and Economic Recovery Act (Zidera), citing them as the primary obstacle to the economic … Read More
Government discontinues cement imports licensing
GOVERNMENT has discontinued the issuance of cement import licenses to individuals and companies, as the country’s major cement manufacturers are producing adequate products of a combined 160 500 metric tonnes … Read More
19 countries confirm ZITF participation…95 percent space booked
A TOTAL of 19 countries have so far confirmed their participation at the 64th edition of the Zimbabwe International Trade Fair (ZITF) slated for next month in Bulawayo, with 94,9 … Read More
