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Simba Makoni steps down
Simba Makoni has stepped down as Powerspeed chairman, having served since 2010, the company says. "Makoni resigned from the Board of Directors of the Company with effect from 23 February 2023....Published: 07 Mar 2023 at 20:15hrs | 6 | by Staff reporter
Currency sabotage: 350 nabbed
OVER 200 local businesses were slapped with severe sanctions by the Financial Intelligence Unit (FIU) for manipulating the foreign currency exchange rate through illicit black market currency trading ...Published: 06 Mar 2022 at 08:20hrs | 1 | by Staff reporter
RBZ freezes 4 firms' accounts
Bank accounts of four private companies under investigation for possible money laundering have been frozen by the Reserve Bank of Zimbabwe's investigations arm, the Financial Intelligence Unit (FIU), ...Published: 24 Feb 2022 at 05:35hrs | 2 | by Staff reporter
Simba Makoni arrested for exchange rate violation
Opposition Mavambo/Kusile/Dawn leader Simba Makoni was arrested and dragged to court, charged with contravening the Exchange Control Act on Tuesday.Makoni, who appeared before Magistrate Stanf...Published: 20 Oct 2021 at 07:40hrs | | by Staff reporter
Powerspeed to delists from ZSE
SHAREHOLDERS of electrical products supplier, Powerspeed Electrical Limited, have approved the termination of the company's listing on the Zimbabwe Stock Exchange (ZSE). The listing of Powersp...Published: 17 Dec 2020 at 06:54hrs | | by Staff reporter
European provider of clean energy to install MWp sized PV plants in Zimbabwe
The Meeco Group first provider of clean energy has indicated that for years now, Zimbabwe has been enduring daily power outages that make life of its inhabitants harder.It stated that thes...Published: 13 Apr 2015 at 08:59hrs | | by Stephen Jakes
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
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: 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: 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:- Industrials advances on gains in selected heavyweights
Industrials stayed in the positive territory on Thursday sustained by gains in selected heavyweights while inactivity in the resources sector saw the Minings Index...Published: 04 Apr 2013 at 12:56hrs | | 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:- Industrials logs 4th straight loss ahead of referendum weekend
ZSE shares remained largely in the negative territory for the 4th consecutive session on Thursday ahead of the Constitutional referendum scheduled for this Saturday, which will pave way for the genera...Published: 14 Mar 2013 at 11:54hrs | | by Business reporter
Powerspeed slows down sales to non-retail customers
Powerspeed has slowed down their sales to non-retail customers because of slow payments and the company now eyes further retail expansion, MD Hilton Macklin told the AGM this morning. "...Published: 12 Mar 2013 at 11:44hrs | | by Business reporter
ZSE:- Industrials breaks the 190 mark as volumes surge
ZSE volumes improved on Wednesday spurred by significant trades in Delta and Econet as Industrials surpassed the 190.00 mark for the first time after rising for the 4th consecutive session.The...Published: 06 Mar 2013 at 12:03hrs | | 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
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:- Industrials trips again as profit taking extends to mid-cap stocks
ZSE shares dwindled on Tuesday as investors continued to cash-in on gains made in heavily capitalised counters and mid-cap counters which have had a fairly good performance since January.The ...Published: 12 Feb 2013 at 11:50hrs | | by Business reporter
ZSE:- Industrials halts 2-day slide to post marginal rebound
ZSE's Industrials halted a 2-day slide to post a modest rebound at week's end after mixed gains across the board cancelled out losses in blue chips Innscor and OK Zimbabwe.The Industrials look...Published: 08 Feb 2013 at 10:32hrs | | by Business reporter
ZSE shares in best performance since dollarisation
ZSE shares capped the first month of 2013 in best performance ever since doliarisation in 2009 as blue chips continued to explore new highs while foreign investor's interest in emerging African market...Published: 31 Jan 2013 at 13:41hrs | | by Business reporter
Powerspeed building its business around retailing, says MD
Powerspeed has been building its business around retailing, through the Electrosales brand, as the operating environment has been difficult for manufacturing, MD Hilton Macklin told an analyst br...Published: 04 Jan 2013 at 13:22hrs | 1 | by Staff Reporter
Closing Market Summaries – 28 July 2011
BOTSWANA – The DCI inched up 0.15% to 7,175.17 points. Market activity continued recovering as it rose more than tenfold with 1.72m shares val...Published: 30 Jul 2011 at 07:26hrs | | by Imara
Special bargain for Econet
FOREIGN investors exchanged a block of 625 000 Econet shares valued at US$3,1 million on the Zimbabwe Stock Exchange on Tuesday, in a special bargain deal, one of the biggest concluded this year...Published: 14 Apr 2011 at 05:11hrs | | by Bright Madera
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