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Mutapa assets valued at US$16bn
A comprehensive valuation of companies under the Mutapa Investment Fund (MIF), carried out by prominent local and international accounting firms over the past five months, has placed the total value o...Published: 06 Oct 2024 at 10:02hrs | 217 | by Staff reporter
Mutapa portfolio grows to 66 companies
The Mutapa Investment Fund (Mutapa) manages a diverse portfolio of 66 state-owned enterprises (SOEs), their subsidiaries, and state-invested enterprises (SIEs). This portfolio includes entities in var...Published: 16 Jun 2024 at 09:13hrs | 25 | by Staff reporter
SA companies caught in Russia-Ukraine crossfire
JSE counters with even a remote connection to the Russia-Ukraine conflict have taken a pounding in the past week as gun-shy investors decided they were not worth the risk.Leading the fall was ...Published: 02 Mar 2022 at 05:39hrs | 7 | by Staff reporter
ZSE outsmarts African peers
THE Zimbabwe Stock Exchange (ZSE) was the second best performing bourse, after the Egyptian Exchange, last week among seventeen regional stock markets tracked by researchers at African Markets....Published: 22 Jan 2021 at 06:41hrs | 8 | by Staff reporter
'ZSE downward trend likely to persist'
The downward trend that has characterised the Zimbabwe Stock Exchange since October last year is likely to persist in 2019 as the allure of protecting value wears off, analysts have said.The Z...Published: 06 Jan 2019 at 09:47hrs | 1 | by Staff reporter
ZSE shares in significant fall
Zimbabwe Stock Exchange shares fell significantly on Monday in continued self-correction following a panic-induced rally last week which saw the market trade in unchartered territories. A...Published: 16 Oct 2018 at 06:42hrs | 2 | by Staff reporter
ZSE ignores 'Mthuliphoria'
The Zimbabwe Stock Exchange (ZSE) slipped into the red unperturbed by the excitement showing across markets on the appointment of new treasury chief, Mthuli Ncube, it has emerged.Slipping into...Published: 15 Sep 2018 at 21:48hrs | | by Staff reporter
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
2018 Election: We now need a signal
Today is the day the nomination court sits to accept nominations for the elections that is the councillors, MPs, and presidential candidates. Various parties are concluding on their final lists of rep...Published: 14 Jun 2018 at 07:51hrs | | by Munyaradzi N Ziburawa
ZSE stocks continue to fall unabated
THE weakness on the Zimbabwe Stock Exchange persisted last week with all four indices closing in the negative territory as panic increases due to inflation fears work their way out.At the clos...Published: 22 Jan 2018 at 05:10hrs | | by Staff reporter
ZSE unmoved by Mnangagwa sacking
THE Zimbabwe Stock Exchange slowly edged on this week, unmoved by the sacking of Vice President Emmerson Mnangagwa and the ensuing political turmoil in government.The ZSE's market capitalisati...Published: 09 Nov 2017 at 09:24hrs | | by Staff reporter
Chombo's appointment shocked many Zimbabweans
While new Finance minister Ignatius Chombo took up his new post on Tuesday, President Robert Mugabe's decision to replace Patrick Chinamasa was met with shock and disappointment.Mugabe moved C...Published: 12 Oct 2017 at 16:37hrs | | by Staff reporter
Zimbabwe Stock Exchange loses $400 million
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...Published: 12 Apr 2016 at 11:36hrs | | by Staff reporter
Strive Masiyiwa's Econet sheds $354 million in value
TELECOMMUNICATIONS giant Econet Wireless Zimbabwe (EWZ) had $354 million of its value shaved off last year, tumbling from being second-biggest counter to the fourth largest by market capitalisation on...Published: 17 Jan 2016 at 09:15hrs | 1 | by Enacy Mapakame
Zimbabwe Stock Exchange free fall continues
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...Published: 07 Dec 2015 at 07:18hrs | | by Staff reporter
Zimbabwe Stock Exchange volumes quadruple
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€â...Published: 06 Nov 2013 at 06:00hrs | | by Business reporter
ZSE loses $1 billion
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...Published: 12 Aug 2013 at 09:19hrs | 1 | by Business reporter
ZSE shares sink in post election market bloodbath
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...Published: 05 Aug 2013 at 10:55hrs | | by Business reporter
ZSE crumbles after Mugabe's re-election
The Zimbabwean stock market crumbled on Monday, a few days after the announcement that President Robert Mugabe had won last week's elections.The results, which were rejected by the main politi...Published: 05 Aug 2013 at 10:35hrs | | by Business 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 | | by Business Reporters
ZSE:- Industrials rises to another record level in post election trades
ZSE's Industrials continued to rise to record levels on Thursday in a rather quiet post election trading session where only 4 counters managed gains while only one ended in the red out of the 22 count...Published: 01 Aug 2013 at 10:42hrs | | by Business reporter
ZSE's Industrials extends gains in pre-election trades
ZSE's Industrials extended their gains to another uncharted territory on Monday in pre-election trading with just a day to go before the 2013 harmonised elections.The Industrials Index gained ...Published: 29 Jul 2013 at 12:35hrs | | by Business reporter
ZSE reaches all-time high
The Zimbabwe Stock Exchange (ZSE) has reached an all-time high, with the Industrial Index reaching the 223.89 point level for the first time since dollarisation.The ZSE has now gained 53....Published: 12 Jul 2013 at 14:14hrs | | by Business reporter
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
ZSE shares weaken further after heavyweight losses
Heavyweight counters Delta and Econet along with the broader market remained in the red with only 2 counters managing gains out of the 39 counters that traded.The Industrials Index continue to...Published: 02 Jul 2013 at 16:42hrs | | by Business 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: Industrials continues to lose ground ahead of half year end
ZSE's Industrials slumped to their seventh consecutive loss on Thursday as Delta shares plummeted again amid selling pressure with just one trading session left in the first half of 2013.The I...Published: 27 Jun 2013 at 17:27hrs | | by Business reporter
ZSE: Industrials continues to slide on weak blue chips
Heavyweight counters on the ZSE remained weak on Wednesday and dragged the Industrials lower for the 6th straight session as the Constitutional Court was hearing election date extension application th...Published: 26 Jun 2013 at 17:38hrs | 1 | by Business reporter
Industrials weaken on heavyweights' sell-off
Selling pressure in mostly heavily capitalised counters saw the Industrials close in the red on Tuesday for the 5th consecutive session.The Industrials Index dropped 1.73 points or0.80% to 215...Published: 25 Jun 2013 at 13:02hrs | | by Business reporter
Industrials extends losses at week's opening
Zimbabwe Stock Exchange shares drifted lower on Monday as some investors sought to lock in profits and consolidate from recent gains. Trading activity was reasonable for the beginning of the w...Published: 24 Jun 2013 at 10:58hrs | | by finx
Delta, Barclays help ZSE Industrials firm
Delta's marginal recovery helped both stocks and turnover rise on Tuesday as investors c...Published: 18 Jun 2013 at 16:29hrs | | by Finx
ZSE shares little changed in mixed session
Zimbabwe Stock Exchange shares closed little changed on Monday holding on to marginal gains in a mixed session as political parties try to map out the way forward with the elections.Following ...Published: 17 Jun 2013 at 15:38hrs | | 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
Delta drags Industrials lower as BAT shares hit $9
Delta shares dragged the Industrials lower for the second consecutive session on Thursday largely on profit taking whie BAT shares advanced to another all-time best of $9.The Industrials Index...Published: 13 Jun 2013 at 11:18hrs | | by Business reporter
BancABC settles $10 million debt after losing Supreme Court case
BancABC has settled the nearly $10 million (R86.98 million) owing to Mackie Diamonds after the banking group lost a Supreme Court case.Earlier in the day, property worth millions of dollars ha...Published: 13 Jun 2013 at 05:14hrs | 1 | by Financial Express
Industrials snap record rising streak in midweek trades
Industrials snapped its 6-day record rising streak on Wednesday weighed down by losses in Delta and Innscor as investors recouped profits made over the past week.There were only 5 counters to ...Published: 12 Jun 2013 at 11:44hrs | | by Business reporter
Delta, Innscor hit record highs as Industrials rallies past the 220 mark
Delta and Innscor shares extended their gains and soared to new record highs record highs on Tuesday as Industrials raced past the 220.00 mark for the first time to take its gains in the year to 46.71...Published: 11 Jun 2013 at 11:35hrs | | by Business reporter
Industrials extends record rise as Innscor shares close above $1
Innscor shares were buoyant at week's opening dosing above a $1 at $1,05 to surpass the $1,03 record reached on February 4 this year as the Industrials extended their record rise closing just shy of t...Published: 10 Jun 2013 at 10:20hrs | | by Business reporter
ZSE: Industrials break the 215 ceiling as activity improves
The mainstream Industrials raced past the 215 barrier for the first time since dollarisation on Thursday amid improving activity on the floor with 14 counters managing gains out of the 31 that traded....Published: 06 Jun 2013 at 11:14hrs | | by Business reporter
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
Industrials bounces back as buyers resurface in selected counters
Industrials recovered on Tuesday from yesterday's losses largely on gains in Delta and Innscor as reasonable buyers resurfaced in some counters.The Industrials Index recovered 1.49 points or ...Published: 04 Jun 2013 at 11:47hrs | | by Business reporter
ZSE: Econet, Innscor drag Industrials lower at week's opening
Industrials opened the first trading session of June in the red after heavyweights Econet and Innscor, the only counters to trade lower, managed to cancel out gains in 5 other counters.The In...Published: 03 Jun 2013 at 10:59hrs | | by Business reporter
Econet results fail to cheer ZSE shares
ZSE shares were back in the red on Friday after Econet February finals failed to cheer the market with investors flagging a sell-off in the telecoms counter.The Industrials Index eased 0.39 or...Published: 31 May 2013 at 10:51hrs | | by Business reporter
ZSE:- Econet steers Industrials back into the positive territory
There was not even a single share to trade lower on the ZSE on Thursday as Industrials rebounded to winning ways helped by gains in Econet ahead of its February finals and analysts briefing this after...Published: 30 May 2013 at 10:52hrs | | by Business reporter
FBC launches CASE 2013 handbook
Following the mini bull run since the beginning of the year, the ZSE is once again the biggest bourse by market capitalisation among the four markets covered by the CASE Handbook, FBC Holdings chairm...Published: 30 May 2013 at 07:30hrs | | by financial express
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
Masimba Holdings continues to firm as ZSE rebounds
Masimba Holdings performance in the year to date rose to 183.33% on Tuesday as the company continued to firm towards the $20 million market capitalisation mark with the price getting closer to its NAV...Published: 29 May 2013 at 04:38hrs | | by Business reporter
ZSE: Innscor snaps Industrials record setting run
Innscor was the only counter to trade lower on Monday and managed snap the mainstream Industrials' 3-day record setting run, closing a modest 0.15% off its all-time high of 212.08 but overall trading ...Published: 27 May 2013 at 11:45hrs | | 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
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