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ZSE to list on own bourse
The Zimbabwe Stock Exchange (ZSE) is preparing to self-list on its own platform in the upcoming year, marking a significant milestone in its history. This move, aimed at accessing better risk-adjusted...Published: 22 Jun 2024 at 11:37hrs | 1 | by Staff reporter
Stability of Zimbabwe's currency prompts scrapping of stock market rule
The stability of Zimbabwe's new currency, the ZiG, has prompted authorities to scrap a rule in place since 2022 that requires investors on its main bourse to hold onto stocks for a period of 180 days ...Published: 14 Jun 2024 at 15:19hrs | | by Staff reporter
Zimbabwe capital markets conferences set for SA
FINANCIAL Markets Indaba (FMI), in partnership with the Victoria Falls Stock Exchange (VFEX) is set to co-host two Zimbabwe capital markets conferences in South Africa next month, NewsDay Business can...Published: 22 Mar 2024 at 09:38hrs | 2 | by Staff reporter
Zimbabwe-listed companies get leeway to report financials in US dollars
Zimbabwean companies listed on the stock exchange are now permitted to present their financial statements in US dollars due to the swift dollarization of the economy. The CEO of the Zimbabwe Stock Exc...Published: 12 Oct 2023 at 18:21hrs | | by Staff reporter
Zimbabwe's dollar-only bourse poised for further growth
The value of stocks on Zimbabwe's dollar-only bourse has jumped by 85% since the start of the year to more than $1 billion, its CEO told Reuters on Tuesday, adding he anticipated continued growth....Published: 10 May 2023 at 19:23hrs | | by Staff reporter
Zimbabwe on charm offensive UK investment drive
Zimbabwe's Finance Minister Mthuli Ncube is on a charm offensive in the United Kingdom as his country wades out of international isolation to attract investors and kickstart the ailing economy....Published: 23 Apr 2023 at 08:01hrs | 6 | by Staff reporter
Zimbabwe to become Africa's Dubai
Zimbabwe plans to set up an offshore financial center in the resort city of Victoria Falls that the government hopes will emulate the likes of Dubai and the Isle of Man to attract foreign investment....Published: 25 Feb 2023 at 08:54hrs | 13 | by Staff reporter
Mnangagwa moves to calm Zimbabwe investors
PRESIDENT Emmerson Mnangagwa this week moved to calm market concerns over the obtaining business climate, as he gave fresh undertakings to iron out hurdles to investment under his "Zimbabwe is Open fo...Published: 26 Aug 2022 at 20:47hrs | | by Staff reporter
Mnangagwa says Zimbabweans must stop parroting foreign narratives
ZIMBABWEANS should believe in themselves despite the continued imposition of sanctions on the country and be inspired by the national interest to work harder to develop their own country rather than "...Published: 14 Aug 2022 at 07:21hrs | | by Staff reporter
Mnangagwa tells profiteers to play fair,
PRESIDENT Mnangagwa yesterday reiterated the need to adopt fair business practices and urged economic stakeholders to rally behind the country's transformation agenda and leave a legacy of positive im...Published: 13 Aug 2022 at 07:23hrs | 1 | by Staff reporter
Mnangagwa's hectic schedule
PRESIDENT Mnangagwa will today lead key proceedings in a double hectic schedule in the resort city of Victoria Falls where he is set to officially open the End of Term Judges Symposium this morning an...Published: 12 Aug 2022 at 06:34hrs | | by Staff reporter
Victoria Falls Stock Exchange struggles to win over foreigners
Zimbabwe's dollar-only stock exchange, established almost two years ago in the resort city of Victoria Falls, is struggling to win over foreign investors haunted by previous struggles to repatriate ha...Published: 10 Mar 2022 at 17:35hrs | 1 | by Staff reporter
Chiyangwa's company suspended from ZSE
The Zimbabwe Stock Exchange (ZSE) has suspended trading of ZECO Holdings shares effective 8 February 2022 for breaching the ZSE Listing requirements after the company entered a significant transaction...Published: 08 Feb 2022 at 18:06hrs | 8 | by Staff reporter
Mnangagwa in Victoria Falls for Caledonia VFEX listing
PRESIDENT Mnangagwa will be in Victoria Falls today to officiate at an event to mark the official listing of Caledonia Mining Corporation on the Victoria Falls Stock Exchange (VFEX).The foreig...Published: 02 Dec 2021 at 05:32hrs | 10 | by Staff reporter
Cassava suspended from trading on local bourse
THE Zimbabwe Stock Exchange (ZSE) yesterday stopped Cassava Smartech Zimbabwe Limited from trading on the bourse after an application by the Securities and Exchange Commission of Zimbabwe for the dive...Published: 03 Oct 2021 at 08:06hrs | | by Staff reporter
VFEX signs Dubai deal
THE Victoria Falls Stock Exchange (VFEX) has signed a Memorandum of Understanding (MoU) with the Dubai Gold and Commodities Exchange (DGCX), the region's leading derivatives exchange —to strengthen ...Published: 09 Sep 2021 at 06:14hrs | | by Staff reporter
Zida boss raises red flag
ZIMBABWE Investment and Development Agency (Zida) CEO Douglas Munatsi says he is worried about government's failure to protect investors.Investor protection has been a thorny issue in Zimbabwe...Published: 01 Aug 2021 at 06:49hrs | 1 | by Staff reporter
Mthuli Ncube pushes walls to save Victoria Falls Stock Exchange
FINANCE minister Mthuli Ncube this week pumped up fresh incentives to attract companies to list on the United States dollar-denominated Victoria Falls Stock Exchange (VFEX), which has entered it...Published: 14 May 2021 at 08:41hrs | 1 | by Staff Reporter
Zimbabwe maintains 7.4% growth target
Zimbabwe's Treasury is sticking to its economic growth estimate of 7.4%, even after the nation's president said the projection would have to be lowered.The forecast is achievable after the cou...Published: 20 Apr 2021 at 18:00hrs | | by Staff reporter
ZSE eyes more listings on VFEX
THE Zimbabwe Stock Exchange (ZSE) says its newly-launched Victoria Falls Stock Exchange (VFEX) has generated interest from both local and foreign companies and it is working at securing more listings ...Published: 16 Dec 2020 at 07:07hrs | | by Staff reporter
IPPs now producing 135MW as ZERA cancels 8 licences
The Zimbabwe Energy Regulatory Authority (ZERA) says only 19 independent power producers (IPPs) are operational from the 88, which have been licenced to date while eight licences were cancelled for fa...Published: 14 Dec 2020 at 14:06hrs | 1 | by Staff reporter
Deadlock over Old Mutual listing
THE delisting of Old Mutual from the Zimbabwe Stock Exchange (ZSE) and subsequently listing on the new Victoria Falls Stock Exchange (VFEX) is facing major hurdles, amid indications the financial inst...Published: 20 Nov 2020 at 06:09hrs | 5 | by Staff reporter
Govt restores Seed Co International fungibility
Government has restored full fungibility of Seed Co International shares following the relisting of the company on the Victoria Falls Stock Exchange. It is also part of efforts by the Finance Minister...Published: 06 Nov 2020 at 07:10hrs | 1 | by Staff reporter
SeedCo International delists from ZSE, debuts on VFEX
LEADING seed producer and distributor, SeedCo International Limited, will delist from the Zimbabwe Stock Exchange (ZSE) with effect from today and shift focus to the foreign currency denominated Victo...Published: 23 Oct 2020 at 08:27hrs | | by Staff reporter
De-listing wave hits ZSE
FIVE counters have announced plans to de-list from the Zimbabwe Stock Exchange (ZSE), precipitating fears that a new forex-denominated bourse planned for Victoria Falls could ground one of Africa's ol...Published: 16 Oct 2020 at 07:19hrs | | by Staff reporter
Fresh headway in stock market plan
ZIMBABWE inched closer to establishing the Victoria Falls Stock Exchange (VFEX) on Friday, after the central bank and the Zimbabwe Stock Exchange (ZSE) inked a deal spelling out terms of a settlement ...Published: 11 Oct 2020 at 10:59hrs | | by Staff reporter
Victoria Falls exchange primed to be the best
Government plans to make the Victoria Falls Stock Exchange (VFEX), which will provide an avenue for foreign currency listings, one of the best in the region whose rules and regulations are in line wit...Published: 11 Oct 2020 at 10:02hrs | | by Staff reporter
'Cryptocurrencies can list on Victoria Falls Stock Exchange'
The Zimbabwe Stock Exchange (ZSE) has said cryptocurrencies can list on its foreign currency-only bourse subject to regulatory approval.If the cryptocurrencies-a digital representation of valu...Published: 01 Oct 2020 at 22:10hrs | 9 | by Staff reporter
Investors wary of Vic Falls bourse
EXPERTS say the success of the impending Victoria Falls Stock Exchange (VFSE) will depend on whether foreign investors will be allowed to easily repatriate their investments.In July, Finance m...Published: 18 Sep 2020 at 07:07hrs | | by Staff reporter
Dual-listed counters to remain suspended
THE Zimbabwe Stock Exchange (ZSE), in consultation with Treasury, has advised dual-listed firms to move their listings to the Victoria Falls Stock Exchange (VFEX) to avoid possible manipulation of exc...Published: 03 Sep 2020 at 06:17hrs | 1 | by Staff reporter
ZSE, BSE set to partner
The Zimbabwe Stock Exchange (ZSE) and Botswana Stock Exchange (BSE) are next month set to sign a memorandum of understanding (MoU), whose aim is to explore areas of co-operation between the two entiti...Published: 28 Aug 2019 at 07:46hrs | | by Staff reporter
Zimbabwe receives $3bn foreign currency inflows
ZIMBABWE has received about $3 billion foreign currency inflows in the first half of the year and stands a chance to generate more through increased exports.Reserve Bank Governor Dr John Mangu...Published: 26 Jul 2019 at 08:48hrs | | by Staff reporter
ZSE to maintain dual listing for local companies
DUAL listing remains the most viable option for local listed companies and the Zimbabwe Stock Exchange (ZSE) will not dump its plan to collaborate with other offshore bourses despite the 90-day morato...Published: 12 Jul 2019 at 09:18hrs | | by Staff reporter
Secondary stock exchange for Bulawayo
PLANS of opening a secondary stock market exchange which will likely to be located in Bulawayo are at an advanced stage, an official said. In an interview with Sunday News Business on the side...Published: 07 Jul 2019 at 21:14hrs | 1 | by Staff reporter
Govt gazettes ZSE Statutory Instrument to enhance transparency, accountability
GOVERNMENT has gazetted the Zimbabwe Stock Exchange Limited (ZSE) listing requirements under Statutory Instrument 134 of 2019 in a bid to enhance transparency and accountability in the governance of l...Published: 18 Jun 2019 at 08:10hrs | | by Staff reporter
ZSE mulls USD trading platform
The Zimbabwe Stock Exchange (ZSE), a once go-to destination for companies seeking to raise cheap funding, is planning to overhaul its trading platform by introducing several new investment alternative...Published: 01 Jun 2019 at 08:00hrs | | by Staff reporter
Foreign investors threaten ZSE pullout
The inability by foreign investors to repatriate capital and disinvestment proceeds from the country is hampering the performance of the Zimbabwe Stock Exchange, amid reports custodians are threatenin...Published: 03 May 2019 at 09:55hrs | | by Staff reporter
Zimbabwe's foreign based player pool keeps increasing
AS Zimbabwe brace for the Under-23 Africa Cup of Nations football qualifiers when they take on Mozambique next month, the technical department will have a broad base to pick from following indications...Published: 04 Feb 2019 at 07:55hrs | | by Staff reporter
Zimbabwean goalie joins Spanish side
RISING Zimbabwean goalkeeper Martin Mapisa took a huge leap towards his dream of becoming a fully-fledged professional footballer in Europe when he joined Spanish lower division outfit Velez CF. He si...Published: 30 Jan 2019 at 22:59hrs | | by Staff reporter
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