ZITF 2025 dates set
Dates for the 65th edition of the Zimbabwe International Trade Fair (ZITF) have been set for April 22 to 26 next year, a Cabinet Minister has said. Information, Publicity and … Read More
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National Foods to explain shock VFEX delisting plan
Consumer staples concern, National Foods Holdings Limited, is currently working on a circular to shareholders to explain its shock announcement to delist from the Victoria Falls Stock Exchange (VFEX), NewsDay … Read More
Old Mutual shifts investment strategy amid currency woes
FINANCIAL services firm, Old Mutual Zimbabwe (OMZ), is skewing its investment portfolios towards those that carry currency sensitivity to reduce its exposure to the local tender’s recent volatility, NewsDay Business … Read More
CBZ Holdings extends FMHL mandatory offer period
CBZ Holdings says it is seeking permission from the ZSE to extend the mandatory offer period for the remaining shareholders of First Mutual Holdings (FMHL) as the Competition and Tariff … Read More
Simbisa considering shares buy back
QUICK service restaurants (QSR) group, Simbisa Brands Limited shareholders, are set to consider authorising the company to purchase up to 10 percent of its issued ordinary share capital in any … Read More
ZiG records 6,6pc gain, impresses economic observers
THE country’s local currency, the Zimbabwe Gold (ZiG), has appreciated by 6,62 percent in the first five days of this month, with the official exchange rate firming to ZiG26,9 against … Read More
Mangudya says ECGC to expand reach, impact under Mutapa
MUTAPA Investment Fund chief executive officer John Mangudya says the Export Credit Guarantee Corporation of Zimbabwe (ECGC) is poised to expand its reach and impact under the sovereign wealth fund. … Read More
Axia skips FY24 dividend, reinvests resources in expansion projects
In its annual report for its financial year ended June 30, 2024, Axia had a slight dip in its profit after tax to US$6,06 million from the prior year comparative … Read More
Government proposes plan to prioritise local production
THE Government has recognised the importance of import substitution in achieving sustainable economic growth. To this end, it has proposed a Transitional Zimbabwe Industrial Reconstruction and Growth Plan (ZIRGP) for … Read More
Market confidence in ZiG low: IH Securities
The ZiG’s stability is premised on controlling money supply and fiscal expenditures as well as ensuring enough foreign currency reserves to back it.SECURITIES concern, IH Securities, says market confidence in … Read More
