Business / Companies
ZSE lures mining companies
21 Jul 2015 at 06:26hrs | 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 four counters since 2009 and the number remains the same seven years after the country adopted the multi-currency system.
The four mining companies include Hwange Colliery Limited, Bindura Nickel Corporation, Falcon Gold Zimbabwe Limited and Rio Zimbabwe Limited.
Large mining companies with operations in Zimbabwe, but listed elsewhere include Zimplats, New Dawn and Mimosa. Mimosa is jointly owned by Aquarius and Implats that do not have listings in Zimbabwe.
ZSE chief executive officer Alban Chirume said that the exchange was talking to the mining firms so that they list locally.
According to the Newsday, the local bourse has four counters since 2009 and the number remains the same seven years after the country adopted the multi-currency system.
The four mining companies include Hwange Colliery Limited, Bindura Nickel Corporation, Falcon Gold Zimbabwe Limited and Rio Zimbabwe Limited.
Large mining companies with operations in Zimbabwe, but listed elsewhere include Zimplats, New Dawn and Mimosa. Mimosa is jointly owned by Aquarius and Implats that do not have listings in Zimbabwe.
ZSE chief executive officer Alban Chirume said that the exchange was talking to the mining firms so that they list locally.
Source - newsday
