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ZSE

High Court dismisses ZSE application

17 May 2016 | 1755 Views
The High Court has dismissed Zimbabwe Stock Exchange's application for exception in a case where the local bourse is facing a $50 million lawsuit for damages by listed diversified group, Meikles Limit...
by Tinashe Makichi

2 firms removed from Zimbabwe Stock Exchange

02 May 2016 | 3408 Views
TWO companies were last week removed from the Zimbabwe Stock Exchange leaving the number of counters on the bourse at 62.Pelhams Limited and Radar were both removed from the stock exchange wit...
by Business Reporter

Zimbabwe Stock Exchange loses $400 million

12 April 2016 | 2622 Views
The Zimbabwe Stock Exchange market capitalization contracted by 14 percent to $2.6 billion in the three months to March 2016 from $3.1 billion in December last year. Latest figures show th...
by Staff reporter

ZSE boss, wife in 'peace talks'

18 February 2016 | 1129 Views
Zimbabwe Stock Exchange chief executive Alban Chirume yesterday sought to have his domestic violence trial stayed pending an out-of-court settlement.Harare magistrate Mr Arnold Maburo adjourne...
by Fungai Lupande

A messy affair

07 February 2016 | 2907 Views
CFI HOLDINGS, which was suspended from the Zimbabwe Stock Exchange on January 29, 2016, continues to flirt with controversy following revelations by its second-largest shareholder, Mr Nicholas van Hoo...
by Enacy Mapakame

Zanu-PF wars, misrule worsen ZSE bloodbath

03 February 2016 | 1193 Views
Analysts have said the factional and succession wars in Zanu-PF have worsened the performance of the Zimbabwe Stock Exchange (ZSE). The local bourse has been on a downward spiral since Zan...
by Staff reporter

ZSE boss' domestic tiff hearing postponed

02 February 2016 | 707 Views
Zimbabwe Stock Exchange boss Alban Chirume's trial has been postponed by a Harare magistrate. The postponement was caused by a no-show by a Statement witness. Magistrate Nomsa Sabarauta po...
by Staff reporter

Witness fails to show up, ZSE boss case deferred

02 February 2016 | 685 Views
The case in which Zimbabwe Stock Exchange chief executive Alban Dhladhla Chirume is pressing charges of physical abuse against his estranged wife Susan Mutangadura, the chairperson of the Institut...
by Prosper Dembedza

Six new listings expected on ZSE

22 January 2016 | 1861 Views
Six new counters are expected to list on the Zimbabwe Stock Exchange this year despite liquidity constraints that have seen its market capitalization plunging to US$3 billion last year from US$4.3...
by Staff reporter

ZSE chief executive up for domestic violence

06 January 2016 | 1652 Views
Zimbabwe Stock Exchange chief executive Alban Dhladhla Chirume yesterday appeared in court facing domestic abuse charges. Chirume (52) of No. 41 Harare Drive, Borrowdale, Harare, appeared befo...
by Fungai Lupande

Zimbabwe govt to float infrastructure bond

04 January 2016 | 1645 Views
GOVERNMENT will this year float an infrastructure development bond with a view to mobilising resources for various capital projects.The Minister of Finance and Economic Development Patrick Chi...
by Business Reporter

Get bucks to list on ZSE

08 December 2015 | 1652 Views
Micro-finance institution GetBucks Zimbabwe is set to raise $3,2 million through offering shares to the public on its course to listing on the Zimbabwe Stock Exchange (ZSE) next month. The...
by Staff reporter

Zimbabwe Stock Exchange free fall continues

07 December 2015 | 1441 Views
The Zimbabwe Stock Exchange market capitalisation declined for the ninth consecutive month, shedding 9,38 percent to $3,66 billion in November, reflecting the chronic challenges besetting virtuall...
by Staff reporter

ZSE chair steps down

14 October 2015 | 3146 Views
THE ZIMBABWE Stock Exchange Chairperson, Eve Gadzikwa, stepped down from the chairmanship of the Zimbabwe Stock Exchange following the completion of her four year tenure on October 9. Gad...
by Staff reporter

'Zimbabwe Stock Market back to 2010 levels'

27 September 2015 | 2567 Views
PERFORMANCE of the Zimbabwe Stock Exchange has been equated to the 2010 levels with some stocks trading at the same prices as five years ago as the bourse continues on a free fall. According to market...
by Roberta Katunga

ZSE prepares listing of debt instruments

28 August 2015 | 489 Views
The Zimbabwe Stock Exchange is at an advanced stage in preparations for the listing of debt instruments on the bourse which will offer the market a wider array of tradable securities beyond just s...
by Staff reporter

Zimbabwe parastatal to be listed on ZSE

12 August 2015 | 975 Views
Government and parastatals bonds will be listed on the Zimbabwe Stock Exchange (ZSE) and agencies will be registered to rate bonds listed on the bourse in far-reaching reforms to boost the capital...
by Staff reporter

Zimbabwe Stock Exchange liquidity falls 39%

29 July 2015 | 2749 Views
Liquidity on the Zimbabwe Stock Exchange has dropped continuously since March, plunging 39 percent for the six months to July 2015, with most heavyweight stocks taking major knocks. The la...
by Staff reporter

ZSE lures mining companies

21 July 2015 | 3806 Views
The Zimbabwe Stock Exchange (ZSE) is in discussions with mining companies so that they list on the local bourse to increase mining counters. According to the Newsday, the local bourse has fou...
by Staff reporter

Knives out for ZSE boss Chirume

10 July 2015 | 3886 Views
Zimbabwe Stock Exchange (ZSE) CEO Alban Chirume's stay at the bourse could be coming to a premature end amid indications stockbrokers want him fired owing to high expenditures and charges that he...
by Staff reporter

ZSE makes history

06 July 2015 | 4564 Views
The Zimbabwe Stock Exchange (ZSE) started trading online on Monday through the Automated Trading System (ATS) for the first time in history.By 09:00 on 6 July 2015, stockbrokers had already st...
by Staff reporter

ZSE Automated trading fails to go live, postponed

03 July 2015 | 3995 Views
The inaugural Automated Trading System on the Zimbabwe Stock Exchange (ZSE) that was scheduled to go live today has failed to take off amid indications the system still has some technical challenges t...
by Staff reporter

Zimbabwe Stock Exchange sees 32% drop in trading

03 July 2015 | 3440 Views
The Zimbabwe Stock Exchange saw a 32 percent dip in trading in the first six months of the year, as most heavyweight stocks registered declines in volumes of trading. Statistics from the ...
by Staff reporter

AfDB ranks ZSE worst performer in African region

12 June 2015 | 3930 Views
Zimbabwe's stock market was ranked the worst performer in the African region for the month of March 2015 as lack of investor confidence took a toll on trade, the latest African Development Bank (A...
by Staff reporter

Meikles fights ZSE suspension

19 February 2015 | 2134 Views
Meikles Limited has made an urgent chamber application at the High Court to challenge the Zimbabwe Stock Exchange's decision to suspend it from trading on the bourse. The conglomerate was susp...
by Staff reporter

ZSE's integrity under spotlight

17 February 2015 | 1669 Views
The Zimbabwe Stock Exchange yesterday temporarily suspended trading of Meikles Africa shares over the way they accounted for the Reserve Bank of Zimbabwe debt, but failed to give the company formal co...
by Staff reporter

Deposit Protection Corporation CEO appointed IADI treasurer

20 November 2014 | 2741 Views
At the recently held 13th Annual Conference and General Meeting of the International Association of Deposit Insurers (IADI) that was held on the 23rd of October 2014, the Chief Executive Officer of ...
by Own correspondent

ABC in $38M bargain

24 August 2014 | 1556 Views
ZIMBABWE Stock Exchange (ZSE) listed financial concern, ABC, stole the limelight from index movement towards turnover after striking a special bargain deal worth US$38,05million derived from 46,407,48...
by Staff Reporter

Zim economy in dire straits

12 June 2014 | 5527 Views
THE country's economy continues to swing directionless with figures indicating that the Zimbabwe Stock Exchange (ZSE), seen as the barometer of the economy, slumping by US$642,8 million to US$4,56 bil...
by Fingaz

$22,8 million worth of ZSE shares unclaimed

28 April 2014 | 187 Views
The Securities and Exchange Commission (SECZ) says shares valued at $22,8 million on the Zimbabwe Stock Exchange have remained unclaimed as at March 31 2014.In a statement, SECZ chief executiv...
by Staff reporter

ZSE comes to Bulawayo

13 March 2014 | 2888 Views
THE ZIMBABWE Stock Exchange (ZSE) is conducting investment awareness seminars for Bulawayo university students in a bid to make them appreciate how the local bourse functions.ZSE officials yes...
by Staff reporter

Revision of ZSE Listing requirements

12 March 2014 | 1938 Views
The public is hereby advised that the ZSE invites comments on the First Draft of the revised ZSE Listing Requirements issued on 10 March 2014. The consultation period runs from 10 March 2014 t...
by Business reporter

Star Africa finds new buyers for assets

27 January 2014 | 1801 Views
Loss making sugar refinery Starafrica Corporation said on Thursday it has found new buyers for two main assets it is disposing as means to raise capital to pay off its debt, the New Ziana reported....
by New Ziana

A 'Window Dressed' Stock Market Rally on the ZSE

02 January 2014 | 2263 Views
Is it unusual for the share price of companies to move up one may ask? Most would answer no, and to most investors, a rising share price is desirable. However, suspicions may arise depending on th...
by Perry Munzwembiri

More firms to delist from the Zimbabwe Stock Exchange

13 December 2013 | 2699 Views
MORE public listed firms could delist from the Zimbabwe Stock Exchange for the purposes of raising large sums of fresh capital as this would ensure they get higher valuation figures. Financial analyst...
by Business Reporters

ZSE raises $1,5m for automation

19 November 2013 | 781 Views
THE Zimbabwe Stock Exchange has raised $1,5 million for the automation of the domestic bourse through the issue of a five-year bond, an official said yesterday.The bond, which was structured b...
by Business Reporter

Turnall Holdings judged best governed company on ZSE

15 November 2013 | 1891 Views
Turnall Holdings won the trophy for the Best Governed Company on the Zimbabwe Stock Exchange in the inaugural Excellence in Corporate Governance Awards. British American Tobacco came second. Econet Wi...
by Mike Hamilton

Zimbabwe Stock Exchange volumes quadruple

06 November 2013 | 1663 Views
THE number of shares that exchanged hands on the Zimbabwe Stock Exchange (ZSE) last month more than quadrupled to 602 947 421 as the local bourse continued to rally after a record postâ€...
by Business reporter

Securities Commission of Zimbabwe changes name

06 November 2013 | 1458 Views
THE Securities Commission of Zimbabwe (SECZ) will today change its name to the Securities and Exchange Commission of Zimbabwe and have expanded roles in line with the provisions of the Securities Ame...
by Business reporter

New Dawn to delist from Toronto Stock Exchange

25 October 2013 | 1168 Views
Zimbabwe focused New Dawn Mining is set to delist from the Toronto Stock Exchange next month and register its operations in the tax haven of Cayman Islands. In a statement, the company said i...
by Business Reporter

CBZ Holdings to buy back 7,7m shares

25 October 2013 | 1443 Views
CBZ Holdings intends to buy back over 7,7 million shares from close to 10 000 of the group's minority shareholders through a facility in which the stockholders sell the stock at no cost. Unde...
by Staff reporter

OK Zimbabwe issues 15m shares

18 September 2013 | 2134 Views
RETAIL giant OK Zimbabwe has issued a total of  15 143 314 ordinary shares valued at $3,5 million to beneficiaries of its share option scheme. This will increase the number of OK ordinary...
by Business Reporter

ZSE moves closer to demutualisation

10 September 2013 | 1601 Views
The Zimbabwe Stock Exchange has tendered for a legal adviser as it steps up efforts to finalise the demutualisation exercise which has been in the cards for years. In a tender notice recently,...
by Business reporter

Zimbabwe Stock Exchange records another bad day

05 September 2013 | 263 Views
The Zimbabwe Stock Exchange (ZSE) has registered a 0.34 percent slide on the back of limited trading volumes and a cautious attitude by investors.The gains that were registered on Wednesday we...
by Staff Reporter

ZSE reviews listing rules

03 September 2013 | 321 Views
THE Zimbabwe Stock Exchange is expected to complete the process of reviewing its listing rules by November this year, the Securities Commission of Zimbabwe has said. In an interview, SECZ chi...
by Business Reporter

New Cabinet will likely boost share prices

02 September 2013 | 3419 Views
SHARE prices on the Zimbabwe Stock Exchange will pick up once a new Cabinet has been named, Securities Commission of Zimbabwe chairperson Mrs Willia Bonyongwe has said. Mrs Bonyongwe said the...
by Staff Reporter

SECZ, ZSE shortlisted for prestigious Africa award

29 August 2013 | 1261 Views
The Securities Commission of Zimbabwe and the Zimbabwe Stock Exchange have been shortlisted for the prestigious Africa investor Index Series awards. The awards, which are the only pan-African ...
by Business Reporter

ZSE conducts trading session at the Exhibition Park

27 August 2013 | 1111 Views
The Zimbabwe Stock Exchange conducted its trading session at the ongoing Harare Agricultural Show at the Exhibition Park.It is probably the first time trades have been conducted outside the tr...
by Business reporter

ZSE loses $1 billion

12 August 2013 | 2984 Views
Zimbabwe's equities market has lost nearly $1 billion in one week following the controversial re-election of President Robert Mugabe.The southern African country's bourse - which had a market...
by Business reporter

ZSE shares sink in post election market bloodbath

05 August 2013 | 2174 Views
ZSE's Industrials plunged 11.09% on Monday as panicked investors flee the bourse in post election market bloodbath that saw the heaviest sell-off since dolarisation.The Industrials Index dropp...
by Business reporter

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