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'Rushwaya gold could buy UniFreight, Zeco'
THE gold that underfire Zimbabwe Miners' Federation (ZMF) boss Henrietta Rushwaya allegedly tried to smuggle out of the country before running into an airport security trap about three weeks ago was e...Published: 14 Nov 2020 at 21:20hrs | | 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
Falgold ceases gold production
Troubled mining group Falgold Zimbabwe published its delayed financial statements for the year ended 31 September 2018. During this period the group's net loss after tax widened by 609% to US$4.9 mill...Published: 14 Aug 2019 at 19:01hrs | | by FinX
Falgold fails to publish FY results
LISTED miner Falcon Gold Zimbabwe has failed to publish its financial results for the financial year to September 30 this year, citing operational challenges which have been worsened by inadequate for...Published: 20 Dec 2018 at 06:49hrs | | by Staff reporter
Miners push for lower power tariffs
LOCAL mining companies continue to push for a downward review of electricity tariffs, especially in the wake of declining commodity prices on international markets.Government, however, is dete...Published: 17 Apr 2016 at 09:54hrs | | by Livingstone Marufu
Pickstone Peerless targets 500kg of gold
CHEGUTU-based Pickstone Peerless gold mine plans to produce over 500 kilogrammes of gold this year, spurred by a $17 million capital investment made in recent years.The mine is projected to pr...Published: 24 Jan 2016 at 05:50hrs | | by Africa Moyo
Padenga Holdings securities to be dematerialized on 1 July 2015
Pandenga Holdings Limited's securities will be dematerialized and will be cleared and settled on the Central Security Depository (CSD), in an electronic form with effect from Wednesday 1 July 201...Published: 16 Jun 2015 at 09:40hrs | | by Ndou Paul
Philip Chiyangwa's Zeco ranked worst governed firm
ZECO Holdings was ranked the worst governed company on the Zimbabwe Stock Exchange at the Institute of Chartered Secretaries and Administrators of Zimbabwe awards which were held recently. ...Published: 27 Nov 2013 at 03:31hrs | | by Business Reporter
Zimbabwe Stock Exchange records another bad day
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...Published: 05 Sep 2013 at 22:18hrs | | by Staff Reporter
ZSE index gained 9% in July
The Zimbabwe Stock Exchange industrial index registered a 9,75 percent gain last month, as heavyweight stocks Delta, Econet and Innscor strengthened.Delta registered 7,14 percent, Econet...Published: 05 Aug 2013 at 05:24hrs | 1 | by Business Reporters
Industrials ends the week in positive territory on thin volumes
Industrials ended the first week of the second half of the year in the positive territory as heavyweights continued to recover albeit in thin volumes.The Industrials Index gained 1.62 points ...Published: 05 Jul 2013 at 10:27hrs | | by Business reporter
Falcon Gold asked to release unused gold mining claims
MINING lobby group, the Zimbabwe Indigenous Miners Empowerment Association, has requested Government to order Falcon Gold Zimbabwe to release its unused gold mining claims to them. In a letter...Published: 05 Jul 2013 at 04:45hrs | 1 | by Business Reporters
Indigenisation affects New Dawn's recapitalisation plan
Failure to get approval for its indigenisation plans has put a two-year hole in New Dawn Mining recapitalisation plans, CE Ian Saunders has said.Saunders told an investors tour of Dalny Mine i...Published: 11 Jun 2013 at 11:26hrs | | by Financials Express
ZSE: Industrials advances to record levels in thin trades
ZSE's Industrials advanced to another fresh high on Wednesday with buyers still looking in selected counters albeit in thin trades.The Industrials Index gained 1.18 or 0.55% to 214 points wit...Published: 05 Jun 2013 at 12:49hrs | | by Business reporter
ZSE: Innscor see-saws lower as Industrials slips into the red
Innscor shares see-sawed back into the red on Wednesday as Industrials slid back into the negative territory while volumes improved sightly buoyed by a block deal in Pearl Properties.The Indus...Published: 29 May 2013 at 12:05hrs | | by Business reporter
ZSE: Industrials advances to cap record week
ZSE's Industrials continued to advance on Friday racing past the 212.00 level for the first time albeit in sluggish trades where only 5 counters traded in the positive territory while only 2 traded lo...Published: 24 May 2013 at 10:45hrs | | by Business reporter
ZSE: Industrials slips into the red as Delta stutters
Industrials slid into the red on Tuesday after Delta shares reversed last week's gains after trading 1c weaker at 142c while a significant volume in Econet lift...Published: 21 May 2013 at 12:23hrs | | 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 shares continues to rise as activity slows
ZSE shares advanced to fresh heights on Thursday steered by upbeat earnings from Delta and upcoming Econet finals but overall activity slowed with just 20 counters recording trades compared with 30 t...Published: 16 May 2013 at 11:26hrs | | by Business reporter
ZSE: Industrials advances to record levels
ZSE's mainstream Industrials advanced to another record level at week's end to log its 6th straight rise largely spurred by gains in selected heavyweights.The ...Published: 10 May 2013 at 10:50hrs | | by Business reporter
ZSE: Industrials snaps 2-day rising streak at week's ending
ZSE shares were back in the negative territory on Friday, breaking a 2-day rising streak in a session where only 5 counters managed gains while 6 traded in the red.Volumes dropped in the sessi...Published: 26 Apr 2013 at 10:44hrs | 1 | by Business reporter
ZSE shares rise as govt denies amending the Indigenisation Act
ZSE shares stayed in the positive territory on Thursday after Indigenisation minister Saviour Kasukuwere dismissed reports that the Indigenisation Act was being amended to provide for payment of share...Published: 25 Apr 2013 at 12:30hrs | 1 | by Business reporter
ZSE: Market rebounds in midweek trades
ZSE shares see sawed back into the positive territory on Wednesday after gains in selected counters across the board in a session where only 3 counters managed losses....Published: 24 Apr 2013 at 11:08hrs | 1 | by Business reporter
ZSE: Minings wades back into negative territory
ZSEs mainstream Industrials stayed in the red on Tuesday as Econet share price continued to sink while Minings waded back into negative territory after posting significant gains yesterday.The...Published: 23 Apr 2013 at 12:07hrs | | by Business reporter
ZSE:- Minings jump 6.45% on upbeat Falgold
Falgold share price jumped 5.99c or 59.84% to 16c after reporting positive gold output figures for the quarter ending March 2013 at its gold mines to help the Minings rise a significant 6.45% to 71.5...Published: 22 Apr 2013 at 10:35hrs | | by Business reporter
ZSE:- Industrials recovers in hushed trades ahead of Independence holiday
Industrials recovered on Wednesday after hushed trades where only 8 counters managed gains against 4 that traded lower with most heavyweight counters trading unchanged from previous levels ahead of In...Published: 17 Apr 2013 at 11:53hrs | | by Business reporter
ZSE shares wades back into negative territory
ZSE shares were back in the red on Wednesday as heavyweight counters Hippo and Innscor traded lower to snap the 5-day rising streak.The Industrials Index...Published: 10 Apr 2013 at 10:59hrs | | by Business reporter
ZSE;- Industrials stays firmer as Minings stutters amid improving activity
ZSE's Industrials looked firmer on Tuesday after 13 counters managed gains against 3 that traded lower as buyers trooped back to the market while overall activity improved with shares worth $3,456 mil...Published: 09 Apr 2013 at 12:20hrs | | by Business reporter
ZSE:- Industrials scratches out modest gains at week's end
ZSE's Industrials managed modest gains at week's end as gains in Delta and Innscor outweighed losses in ...Published: 05 Apr 2013 at 12:16hrs | | by Business reporter
ZSE: Econet rebounds to break Industrials' 4 day losing streak
Econet recovered a significant 4.10c or 6.72% to 65.1c at week's end to snap Industrials 4-day losing streak.The Industrials Index recovered 2.61 points...Published: 15 Mar 2013 at 13:17hrs | | 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
Employees threaten to take over gold mine
One of the country's leading gold producers Falcon Gold Zimbabwe, owners of Dalny Mine in Chegutu, has filed an urgent chamber application in the High Court after its employees allegedly threatened ...Published: 07 Mar 2013 at 10:18hrs | | by Staff reporter
ZSE:- Heavyweights extend gains as Industrials rises again
ZSE's heavily capitalised counters conthued to trade higher on Tuesday to spur Industrials to their 3rd consecutive day uptrend.The Industrials Index ...Published: 05 Mar 2013 at 10:48hrs | | by Business reporter
ZSE:- Blue chips help Industrials open new week firmer
Heavily capitalised counters Delta, Econet and Innscor extended gains on Monday to help the Industrials open new week in the positive.The Industrials Index...Published: 04 Mar 2013 at 11:14hrs | | by Business reporter
ZSE:- Industrials ends lower as Econet shareholders approve share split
ZSE's Industrials continued to sink on Wednesday after Delta lost another 5% to 114c while overall activity improved with a total of 46 counters recording trades compared with just 26 yesterday....Published: 28 Feb 2013 at 10:48hrs | | by Business reporter
ZSE:- Industrials slips further as Delta continues to trade lower
ZSE's Industrials continued to sink on Wednesday after Delta lost another 5% to 114c while overall activity improved with a total of 46 counters recording trades compared with just 26 yesterday....Published: 27 Feb 2013 at 10:48hrs | | by Business reporter
ZSE:- Industrials rises for 3rd straight session as Minings remain strained
ZSE's Industrials rose for the third consecutive day on Thursday helped by strong performance in Econet and BAT while the resources sector remained strained.The Industrials Index added 0.34 po...Published: 21 Feb 2013 at 13:46hrs | | by Business reporter
ZSE Market Report:- Industrials rises as blue chips rebound
ZSE's heavily capitalised counters rebounded on Tuesday to help Industrials recover from losses recorded in the past 2 sessbns as buyers trickled back into a few selected counters.The ...Published: 19 Feb 2013 at 11:18hrs | | by Business reporter
ZSE:- Industrials stutters in sluggish Monday trades
ZSE's Industrials opened the new week in the negative territory weighed down by losses in heavyweight Innscor whist Minings rebounded on gains in Falgold and RioZim.The ...Published: 18 Feb 2013 at 10:49hrs | | by Business reporter
ZSE:- Delta, Innscor weigh on Industrials at week's opening
Heavyweights Delta and Innscor led the Industrials lower at week's opening largely on profit taking after a strong start to the New Year.The Industrials Index...Published: 11 Feb 2013 at 10:24hrs | | 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
ZSE:- Econet, Innscor sustains Industrials winning streak
Econet and Innscor shares advanced to new highs on Monday to sustain Industrials' extended rising streak and managed to ...Published: 04 Feb 2013 at 10:58hrs | | by Business reporter
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
ZSE Market Report:- Falgold steers Minings as volumes dip
ZSE's Minings jumped 3.36% in hushed Monday trades after gold miner Falgold gained 3.01c to 16.01c whilst the Industrials managed modest gains in thin volumes....Published: 21 Jan 2013 at 09:49hrs | | by Business reporter
2013: The year to apply Noah's Rule
It is that time of the year again, when everything ceases to make sense. Everything stops being the normal that we know it as. This is the time that you have your friends calling and informing you tha...Published: 08 Jan 2013 at 10:55hrs | | by Anonymous
Falgold shareholders approve Scheme to implement New Dawn proposal
Falgold shareholders voted for the Scheme of Arrangement where they will exchange their shares for either cash or New Dawn shares paving way for the delisting of Falgold and listing, by introduction, ...Published: 24 Sep 2012 at 15:53hrs | | by Business reporter
Falcon Gold to become New Dawn subsidiary
FALCON Gold Zimbabwe will later this month convene a meeting of shareholders to seek approval to become a full subsidiary of New Dawn Mining Corporation Under a scheme of arrangement, minority shareh...Published: 03 Sep 2012 at 21:49hrs | | by Business Reporter
Falcon Gold wins award for 2011 Best Performing Mining company
New Dawn Mining said it is pleased to report that its 85%-owned Falcon Gold Zimbabwe Limited subsidiary recently received an award for the 'Best Performing Mining Company' on the Zimbabwe Stock Exchan...Published: 01 Aug 2012 at 12:10hrs | | by Business reporter
Zim takes over 51 percent stake of New Dawn's Falcon Gold
The Ministry of Youth Development, Indigenisation and Economic Empowerment has moved to take over and warehouse a 51% stake of New Dawn's Falcon Gold Zimbabwe (Falgold) after discovering that the gro...Published: 24 Feb 2012 at 07:03hrs | 1 | by Staff reporter
Zim Mining stocks rally on Hwange gains
On Thursday mining stocks rallied 23,89 percent on gains in Hwange, driving the resource index to 100,70 points. Hwange was the lone gainer among four trading counters after advancing US10c to...Published: 29 Dec 2011 at 23:44hrs | | by Staff reporter
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