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Construction thrives in Zimbabwe
Zimbabwe's construction sector is on the rebound despite the effects of currency volatility and an uncertain monetary policy framework.Piniel Mkushi, chairman of Cafca - the only cable manufac...Published: 22 Nov 2024 at 17:18hrs | 3179 | by Staff reporter
Zimbabwe targets beneficiating aluminium
The Zimbabwean government aims to boost lightweight metal production through aluminium beneficiation to meet rising industrial demand. Aluminium is essential in various sectors, including aerospace en...Published: 16 Jun 2024 at 09:05hrs | 4 | by Staff reporter
ZSE rebases bourse to reflect ZiG
THE Zimbabwe Stock Exchange (ZSE) is re-basing all its indices following the introduction of a new currency, Zimbabwe Gold (ZiG), last week.ZSE said all the ZSE indices would be re-based to 10...Published: 09 Apr 2024 at 06:22hrs | | by Staff reporter
Worthwhile Mugabe buried
Worthwhile Mugabe who died on New Year's and was laid to rest at Umvutsha Park Cemetery in Bulawayo yesterday.Mugabe succumbed to Covid-19, two days short of his 53rd birthday at the prestigio...Published: 03 Jan 2021 at 07:36hrs | | by Staff reporter
Product dumping killing Zimbabwe industry
As local manufacturers struggle to raise foreign currency to import raw materials and equipment on one end, another uncontrolled delinquent flourishes on the other to their detriment. Cheap imports ha...Published: 07 Aug 2018 at 07:31hrs | 3 | by Victor Bhoroma
Zimbabwe Stock Exchange sneeze before elections
The Zimbabwe Stock Exchange (ZSE) closed slightly lower during the last few days of official trade before the general elections set for tomorrow.After close on Thursday, the All Share Index fe...Published: 29 Jul 2018 at 09:59hrs | 1 | by Staff reporter
ZESA to cut off businesses
BUSINESSES, including miners and manufacturers, who owe money for electricity risk being cut off by Zimbabwe's power distributor after the lapse of a six months grace period to settle their bills....Published: 18 May 2018 at 07:09hrs | | by Staff rpeorter
ZETDC and CAFCA under probe
The Competition and Tariff Commission is probing Zimbabwe Electricity Transmission and Distribution Company (ZETDC) and CAFCA on a case of suspected anti-competitive behaviour.ZETDC is a...Published: 11 May 2017 at 15:46hrs | | by Staff Reporter
The Dembare 'juju man' opens up
I KNOW many people are scared of me.They believe I am a juju master and contribute to their respective teams' failure to beat Dynamos or the manner in which their players wet their pants when they com...Published: 28 Aug 2016 at 10:14hrs | | by Richard Chihoro
Unrealistic wage expectations hinder economy
WHILE Zimbabwe continues to benefit from negative inflation, unrealistic wage expectations continue to hinder the nation's economy, FBC Holdings chairman Herbert Nkala said at the launch of the 2015 ...Published: 28 May 2015 at 07:13hrs | | by Staff reporter
ZSE shares close weaker at start of year's 2nd half
ZSE shares stayed in the red at the start of the second half of 2013 as Delta continued to trade lower while Minings gave in to losses in Bindura.The Industrials Index eased 0.21 points or 0.1...Published: 01 Jul 2013 at 16:44hrs | | by Business reporter
Industrials falters at half year end but still up 38.58% in the year
ZSE's Industrials ended the first half of 2013 in the red as the market's most capitalised counter Delta clocked 4 straight sessions trading in the red.The trading session was however highligh...Published: 28 Jun 2013 at 18:02hrs | | by Business reporter
ZSE shares end week lower on profit taking
ZSE shares ended lower on Friday as investors extended profit taking mostly in Delta to a third straight session.The Industrials Index closed the week in the red after easing 0.08 points or 0....Published: 14 Jun 2013 at 10:52hrs | | by Business reporter
ZSE: Industrials manages modest gains as miners falter in thin trades
ZSE's Industrials managed modest gains on Monday in hushed trades where only 4.6 million shares worth $594 559 traded while losses in Falgold and ...Published: 20 May 2013 at 11:07hrs | | by Business reporter
ZSE:- Industrials see-saws back into positive territory in midweek trades
Industrials see-sawed back into positive territory in midweek trades as rising counters outnumbered those trading lower by 11 to 4 while most heavyweight counters traded unchanged.The ...Published: 20 Mar 2013 at 11:50hrs | | by Business reporter
ZSE shares slip back into the red as heavyweights falter
There were only 2 counters to trade in the positive in a Monday session where 14 counters traded lower while another 14 remained unchanged from previous levels resulting in the Industrials slipping ba...Published: 18 Mar 2013 at 10:25hrs | | by Business reporter
ZSE: Industrials continues to slide as activity improves
ZSE's mainstream Industrials continued to fall in midweek trades but activity improved across the board with a total of 43 counters recording trades out of the active 69 compared with just 29 that tra...Published: 13 Mar 2013 at 12:47hrs | | by Business reporter
ZSE:- Delta, Econet snap Industrials 4-day losing streak
Delta rebounded on Friday to close in the positive as Econet continued to rise after its 10 for one share split yesterday, snapping the Industrials 4-day losing streak while Minings continued to sink....Published: 01 Mar 2013 at 12:35hrs | | by Business reporter
Cafca turnover up 14% in 4 months to January
Cafca's four months to January turnover is up 14%, managing director Rob Webster told the AGM this afternoon. He also said margins for the period are down as they are selling more alumin...Published: 21 Feb 2013 at 11:32hrs | | by Business reporter
ZSE:- Econet, Innscor snap Industrials extended rally on profit taking
ZSE's Industrials fell for the first time in 5 weeks on profit taking in heavly capitalised counters snapping its best rally since dollarisation.There were only 4 counters to trade lower but...Published: 06 Feb 2013 at 11:22hrs | | by Business reporter
Exhange control authority grants full fungibility to NMB shares
The Zimbabwean Exchange Control Authority, in terms of Exchange Control Regulations, has granted full fungibility to 40% of the company's issued shares that are held by foreign investors. The ...Published: 29 Jan 2013 at 06:57hrs | | by Mafu Sithabile
ZSE Market Report:- Shares rising streak stretches to 14 days
ZSEs Industrials continued to advance on Tuesday as blue chips remained buoyant taking its rising streak to 14 straight sessions.The Industrials Index a...Published: 22 Jan 2013 at 12:12hrs | | by Business reporter
Cafca reports a 25% rise in turnover
Turnover for the twelve months was 25% up on the corresponding nine month period resulting in an operating profit of $2.382 million which was 19% greater than the nine month period reflecting a stagn...Published: 10 Jan 2013 at 12:17hrs | | by Business reporter
ZSE Market report:- Blue chips rally buoys Industrials in mid week trades
Investors continued to pile into ZSEs heavily capitalised counters on Wednesday giving the Industrials their biggest one-session rise since December 28....Published: 09 Jan 2013 at 08:04hrs | | by Business reporter
ZSE Market Report:- Shares continue to rise on renewed interest in blue chips
ZSE shares continued to rise on Tuesday amid renewed foreign interest on the market's heavily capitalised counters.The Industrials Index added 0.19 poin...Published: 08 Jan 2013 at 11:04hrs | | by Business reporter
ZSE market report:- Innscor, SeedCo lifts Industrials as turnover dips
Gains in Innscor and SeedCo helped the Industrials manage gains for the third t...Published: 07 Jan 2013 at 12:14hrs | | by Business reporter
Cafca's revenue remained static
Cafca Limited's revenue for the six month period remained static when compared to the same period last year. The liquidity crunch in the last quarter has resulted in a significant drop in the sales to...Published: 13 Jun 2012 at 08:04hrs | | by Mafu Sithabile
CAFCA expects a 15 percent jump in earnings
At the 66th AGM of the Company held on Thursday 23 February 2012, all resolutions tabled were passed without amendments. In a brief trading update for the four months to 31 January 2012, the ...Published: 24 Feb 2012 at 06:51hrs | | by Business reporter
Foreign Investors reviving their interest in Zim as an investment destination
Investors across Zimbabwe's economic spectrum are reviving their interest in the country as an investment destination and the country's stock exchange has been projected to register significant activi...Published: 29 May 2011 at 07:17hrs | 1 | by Tawanda Karombo | edited Moyo Roy
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