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Zimbabwean consumer sector poised for improvement
An uplift in volumes has been projected for Zimbabwean consumer companies despite rising cost structures, a volatile policy and monetary environment as well as higher taxation, say analysts at IH Secu...Published: 07 Jul 2025 at 08:57hrs | 119 | by Staff reporter
Chidawu suffers a heart attack hours after attending event with Mnangagwa
Oliver Chidawu, the provincial affairs minister for Harare collapsed and died this morning at his home.He was 68.Chidawu reportedly suffered a heart attack on Monday night, hours after...Published: 19 Jul 2022 at 18:35hrs | | by Staff reporter
Tendai Biti's mischief exposed
The recent summoning of the Reserve Bank Governor, Dr John Mangudya, to appear before the Parliamentary Public Account Portfolio Committee (PAC) has exposed Tendai Biti, the Committee Chairman of usin...Published: 12 Mar 2019 at 22:29hrs | 2 | by Staff reporter
Name, shame loan defaulters, Biti demands
PARLIAMENT has demanded that Reserve Bank of Zimbabwe (RBZ) governor John Mangudya make public the schedule of beneficiaries whose loans were taken up by the Zimbabwe Asset Management Company (Zamco) ...Published: 05 Mar 2019 at 10:26hrs | 1 | by Staff reporter
Christ Embassy in messy rentals row
Star Africa has been locked in a legal battle with its tenant Christ Embassy after the church allegedly breached a lease agreement compelling it to pay rentals worth $1 495 before the first of every m...Published: 03 Nov 2018 at 10:04hrs | 3 | 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 | 2 | by Staff reporter
Fired NSSA bosses ordered to repay $1,5 million
FIVE National Social Security Authority executives sacked last year for gross mismanagement have to pay back more than $1,5 million they awarded themselves as loans and return their company vehicles. ...Published: 29 Feb 2016 at 06:21hrs | 1 | by Felex Share
Luxury coaches in trouble for picking passangers at Bulawayo hotels
LUXURY coaches that pick and drop passengers at some of Bulawayo's hotels are likely to face the full wrath of the law after it emerged that it is illegal to rank at these sites as no bus - be it luxu...Published: 03 Jan 2016 at 10:08hrs | 5 | by Staff reporter
18 luxury coaches plying the Bulawayo-Johannesburg route blacklisted
THE Bulawayo City Council (BCC) has blacklisted 18 luxury buses, plying the Bulawayo-Johannesburg route, from operating in the central business district for failing to comply with set council require...Published: 06 Jul 2014 at 11:31hrs | | by Vusumuzi Dube
Star Africa finds new buyers for assets
Loss making sugar refinery Starafrica Corporation said on Thursday it has found new buyers for two main assets it is disposing as means to raise capital to pay off its debt, the New Ziana reported....Published: 27 Jan 2014 at 16:14hrs | | by New Ziana
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
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 | 2 | 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
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 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: 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 | 1 | 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
Zimbabwe real estate market snapshot 2013
Office MarketThe take-up of office space has been poor as a result of the depressed economic climate in Zimbabwe. Occupiers are struggling to meet rent and...Published: 28 May 2013 at 03:19hrs | 1 | by Knight Frank
ZSE Industrials sets another record level
ZSE's Industrials closed above the 210.00 mark for the first time on Friday as Delta shares ended at another record high of 143.01c to extend the momentum built up over the past 2 weeks while daily ma...Published: 17 May 2013 at 11:19hrs | 1 | 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 rebounds but closed off its all-time high
The market's mainstream Industrials rebounded on Tuesday, buoyed by gains in selected heavyweights, to dose at 204.72 but remained off its all-time high of 204.74 reached last Friday.The ...Published: 14 May 2013 at 13:26hrs | | by Business reporter
ZSE: Industrials rallies into uncharted territory as volumes improve
ZSE's Industrials jumped to a fresh all-time high on Thursday buoyed by positive trades and volumes in Econet, Innscor a...Published: 09 May 2013 at 11:47hrs | | by Business reporter
ZSE shares rally as Industrials races past 200 mark
ZSE shares rallied in midweek trades with Industrials closing above the 200.00 mark for the first time since January but daily turnover stayed below the psychological $1 million level.Volumes...Published: 08 May 2013 at 11:09hrs | | 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 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 | 2 | by Business reporter
ZSE:- Industrials stutters as key blue chips weaken
Industrials stuttered on Tuesday after giving in to losses in heavyweights Econet, Innscor and ...Published: 16 Apr 2013 at 11:59hrs | 1 | 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 | 1 | by Business reporter
ZSE shares falter after Easter holidays
ZSE shares faltered after Easter holidays in mixed trades across the board as most heavily capitalised counters remained unchanged from previous levels.The volume of shares traded on the marke...Published: 02 Apr 2013 at 11:25hrs | | 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:- Industrials rally slows as turnover tops $4.9 million
ZSE's Industrials upbeat momentum built up since' January 3 slowed on Tuesday with most heavyweight counters trading unchanged from previous levels but volumes improved as daily total market turnover ...Published: 05 Feb 2013 at 12:37hrs | | 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
Street man cons Star Africa Lotto
THE vagrant who claimed to have won more than US$220 000 Star Africa Lotto jackpot after placing his bet way when the draw had been conducted was yesterday jailed two years effective. Farai Mu...Published: 03 Feb 2013 at 07:02hrs | | by Court 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 | 3 | 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 | 1 | by Business reporter
Delta Beverages revenue expected to rise by 16%
Delta publishes a trading update for the quarter ending December 31 2012 saying revenue for the quarter October to December is up 14% and 16% year to date supported by improved mix and minimal price...Published: 17 Jan 2013 at 09:14hrs | | by Business reporter
ZSE Market Report:- Volumes soar as blue chips rally
ZSE's Industrials Index jumped 2.23% at week's ending after a sustained rally in heavily capitalised stocks while volumes improved with the total market turnover rising to its best level so far this y...Published: 11 Jan 2013 at 10:34hrs | 2 | by Business reporter
Hippo expects to enjoy premium pricing from EU
Hippo is expecting to enjoy premium pricing from the European Union in the coming season which will support revenue growth, CE Sydney Mtsambiwa told the AGM this afternoon as he gave a brief update on...Published: 05 Sep 2012 at 19:25hrs | | by Business reporter
NSSA irregularities unearthed
MORE gross irregularities were unearthed in the operations of the National Social Security Authority (NSSA), including lack of a comprehensive risk assessment, unapproved organisational structure, un...Published: 26 May 2012 at 04:10hrs | 1 | by Staff reporter
A depressed set of results from Star Africa
A depressed set of results from Star Africa with the revenue largely unchanged at $29.7 million (H1 2011: $29.5 million) whilst profitability was negated by high net finance costs of $1.3m up from $57...Published: 08 Dec 2011 at 07:52hrs | 1 | by Business reporter
Bold investors are now betting on Zimbabwe growth
Johannesburg - At the height of Zimbabwe's hyperinflation, restaurant prices would increase in the time it took to serve and eat a meal.Those days are gone and some bold investors are now bett...Published: 11 Nov 2011 at 08:26hrs | 1 | by -
Investor buys Econet shares at a bargain
AN investor bought 256 451 Econet shares worth US$1,3 million on Monday at a special bargain price of US480c — representing a US10c premium. The parcel beco...Published: 08 Dec 2010 at 17:11hrs | 2 | by Bright Madera
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