Bulawayo24 News - Skyes! "it makes perfect sense"

Zimbabwe cracks down on fake medical qualifications

Authorities in Zimbabwe are on high alert as criminal syndicates continue to produce fake medical and academic qualifications, allowing impostors to infiltrate the country's health sector.Investigations have uncovered a thriving black mark…

Published: 31 Aug 2025 at 09:48hrs | 102 | by Staff reporter

VFEX hits record performance

The Victoria Falls Stock Exchange (VFEX) has achieved a remarkable year-to-date performance, solidifying its reputation as a leading US dollar-based bourse in the region. The exchange has surged 24 percent so far this year, driven by signi…

Published: 31 Aug 2025 at 09:46hrs | 71 | by Staff reporter

Zimbabwe asset managers shift away from equities

The Securities and Exchange Commission of Zimbabwe (SecZim) has called on the Zimbabwe Stock Exchange (ZSE) to urgently work on recovering lost market share, amid revelations that local asset managers have slashed their exposure to the cap…

Published: 11 Jul 2025 at 09:15hrs | 530 | by Staff reporter

Khayah Cement delists from Zimbabwe Stock Exchange

The Zimbabwe Stock Exchange (ZSE) has officially announced the voluntary termination of listing for Khayah Cement Limited, effective May 22, 2025, following the company's decision to enter corporate rescue proceedings.The move comes after …

Published: 02 Jun 2025 at 16:27hrs | 217 | by Staff reporter

ZSE granted self-listing approval

The Zimbabwe Stock Exchange (ZSE) is set to list itself on its own bourse following the gazetting of Statutory Instrument 49 of 2025 by the Minister of Finance, Economic Development and Investment Promotion, paving the way for one of the m…

Published: 12 May 2025 at 18:12hrs | 108 | by Staff reporter

Former Zimbabwe Stock Exchange boss dies

Former Zimbabwe Stock Exchange (ZSE) chairman and revered stockbroker Ndodana Mguquka has died. He was 51.Mguquka passed away in the early hours of the morning at Samuel Leon Medical Centre in Harare, marking the end of an era for Zimbabwe…

Published: 02 May 2025 at 16:57hrs | 2172 | by Staff reporter

Police probe NSSA boss over RTG extortion plot

NSSA chairman, Emmanuel Fundira was on Wednesday questioned by the police in connection with an extortion case involving former Rainbow Tourism Group (RTG) senior employee Paula January.The development comes after an expose by The NewsHawk…

Published: 18 Mar 2025 at 10:45hrs | 656 | by Nathan Guma

'ZSE left with two valuable counters'

The Zimbabwe Stock Exchange (ZSE) is witnessing a significant shift, with Delta Corporation Limited and Econet Wireless Zimbabwe now standing as the only major valuable counters on the bourse. Several companies have been delisting from ZSE…

Published: 20 Nov 2024 at 07:03hrs | 210 | by Staff reporter

ZSE outshines VFEX in wealth creation

The Zimbabwe Stock Exchange (ZSE) has emerged as the preferred investment destination for those seeking wealth creation, surpassing the foreign currency-denominated Victoria Falls Stock Exchange (VFEX), according to trading experts. The ZS…

Published: 26 Sep 2024 at 13:37hrs | 75 | by Staff reporter

Boost for ZSE as govt suspends tax on stocks

Government has implemented significant tax reductions and suspensions aimed at revitalizing trading activity on the Zimbabwe Stock Exchange (ZSE). The 40% capital gains tax (CGT) on stocks sold on the ZSE has been suspended, alongside a re…

Published: 02 Jul 2024 at 06:36hrs | 26 | by Staff reporter

Mangudya warns against forex loans

In a situation where there is little foreign currency in the market despite the banking sector having US$2,5 billion in nostro deposits, Reserve Bank of Zimbabwe governor John Mangudya has warned against reckless borrowing.Mangudya spoke a…

Published: 12 Mar 2023 at 06:37hrs | 175 | by Staff Reporter

Cassava name change get ZSE nod

Zimbabwe Stock Exchange (ZSE)-listed tech-group Cassava Smartech has been given the nod by the ZSE to change its name to EcoCash Holdings Limited.ZSE has, according to a circular on the proposed name change and notice of an extraordinary g…

Published: 23 Dec 2021 at 05:41hrs | 22 | by Staff reporter

Group demands ZSE listings for Fidelity suitors

INVESTORS interested in taking up equity in the central bankrun Fidelity Printers and Refiners (FPR) should agree to list on at least one of the country's stock exchanges in order to enhance transparency and accountability, the Zimbabwe En…

Published: 29 Aug 2021 at 07:15hrs | 16 | by Staff reporter

Privatization plans off rails

In November 2018, the Zimbabwean government set out a privatization plan to dispose completely and partially privatize over 23 state entities and parastatals (SEPs). According to the Auditor General Report of 2017, at least 23 of the targe…

Published: 07 May 2021 at 15:41hrs | 16 | by Victor Bhoroma

BAT rated best ZSE counter

BRITISH American Tobacco (BAT ) Zimbabwe has been rated the top counter on both the Zimbabwe Stock Exchange (ZSE)'s top 10 and 15 indexes for the second quarter of 2021.BAT's rating was announced in the ZSE's new Index 2021 second quarter …

Published: 12 Apr 2021 at 07:08hrs | 22 | by Staff reporter

'Innscor revenue to rise 395%'

ADVISORY firm IH Securities has projected a 395% rise in revenue at the Zimbabwe Stock Exchange-listed conglomerate, Innscor Africa Limited, during the year to June 30 2021, underpinned by high consumer spending as lockdown restrictions ha…

Published: 25 Mar 2021 at 05:49hrs | 20 | by Staff reporter

Anthony Mandiwanza, when is the right time to step down?

Dairibord, former Dairy Marketing Board (DMB) was once one of the largest food producers in southern Africa, was founded in 1951 and listed on the Zimbabwe Stock Exchange (ZSE) in 1997.  Dairibord is the owner of Lyons Zimbabwe, a foo…

Published: 04 Nov 2020 at 14:06hrs | 16 | by Engineer Jacob Kudzayi Mutisi

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 oldest capital markets.Regulators have gr…

Published: 16 Oct 2020 at 07:19hrs | 13 | by Staff reporter

Govt gazettes ZSE Statutory Instrument to enhance transparency, accountability

GOVERNMENT has gazetted the Zimbabwe Stock Exchange Limited (ZSE) listing requirements under Statutory Instrument 134 of 2019 in a bid to enhance transparency and accountability in the governance of listed companies.The gazetted listing re…

Published: 18 Jun 2019 at 08:10hrs | 17 | by Staff reporter

ZSE ranked best African market

THE Zimbabwe Stock Exchange (ZSE) has been ranked as the best performing market in Africa in the last five years.The local bourse has intermittently surged on the deterioration of economic fundamentals in the country, resulting in most inv…

Published: 18 Oct 2018 at 15:10hrs | 1076 | 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 fell 0,03 percent or 0,03 points to 115 level.Bot…

Published: 29 Jul 2018 at 09:59hrs | 14 | by Staff reporter

C-Trade to ease ZSE transactions

Escrow Group will tomorrow officially launch a mobile and online trading platform which allows investors to directly trade on the Zimbabwe Stock Exchange (ZSE), a move that is set to deepen the capital markets.The platform, C-Trade, can be…

Published: 03 Jul 2018 at 06:58hrs | 27 | by Staff reporter

Innscor considers share buy-back

Innscor Africa Limited directors seek shareholders' approval to purchase its own shares listed on the Zimbabwe Stock Exchange at the next Annual General Meeting (AGM) next month.Innscor will hold its 21st AGM on December 6, 2017 with share…

Published: 14 Nov 2017 at 16:27hrs | 19 | by Takudzwa Chiwara

Zimbabwe is the hottest stock market of 2017

The Zimbabwe Industrial Index, which is the main index on the exchange that contains every company except for a handful of mining stocks, is up almost 64% on the year in USD terms. The next best stock market, Latvia's OMX Riga, is up a mer…

Published: 05 Sep 2017 at 17:57hrs | 1047 | by Staff writer

Why EcoCash will be banned in 2017

This week, I will be giving you an update on how Zimbabweans are responding to bond notes. In particular, my view that EcoCash in its current form will not exist by the end of 2017.1. A friend has noticed that in his shop, customers have s…

Published: 08 Jan 2017 at 13:48hrs | 3550 | by Shariffah Pateya (Khuluma Afrika)

ABC in $38M bargain

ZIMBABWE Stock Exchange (ZSE) listed financial concern, ABC, stole the limelight from index movement towards turnover after striking a special bargain deal worth US$38,05million derived from 46,407,480 shares that exchanged hands at 82c on…

Published: 24 Aug 2014 at 10:20hrs | 1593 | by Staff Reporter

$22,8 million worth of ZSE shares unclaimed

The Securities and Exchange Commission (SECZ) says shares valued at $22,8 million on the Zimbabwe Stock Exchange have remained unclaimed as at March 31 2014.In a statement, SECZ chief executive Tafadzwa Chinamo said all uncollected share c…

Published: 28 Apr 2014 at 17:31hrs | 283 | by Staff reporter

ZSE comes to Bulawayo

THE ZIMBABWE Stock Exchange (ZSE) is conducting investment awareness seminars for Bulawayo university students in a bid to make them appreciate how the local bourse functions.ZSE officials yesterday met with Lupane State University (LSU) s…

Published: 13 Mar 2014 at 06:58hrs | 2944 | by Staff reporter

A 'Window Dressed' Stock Market Rally on the ZSE

Is it unusual for the share price of companies to move up one may ask? Most would answer no, and to most investors, a rising share price is desirable. However, suspicions may arise depending on the timing of those stock price increases.As …

Published: 02 Jan 2014 at 10:41hrs | 20 | by Perry Munzwembiri

More firms to delist from the Zimbabwe Stock Exchange

MORE public listed firms could delist from the Zimbabwe Stock Exchange for the purposes of raising large sums of fresh capital as this would ensure they get higher valuation figures. Financial analysts say the current capitalisation figure…

Published: 13 Dec 2013 at 03:06hrs | 2748 | by Business Reporters

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 capitalisation of $5,96 billion before 89-year-…

Published: 12 Aug 2013 at 09:19hrs | 13 | 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 dropped 25.64 points or 11.09% to 205.57 trimming it…

Published: 05 Aug 2013 at 10:55hrs | 2231 | 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 political rival MDC-T,  sent investors panicking…

Published: 05 Aug 2013 at 10:35hrs | 3532 | by Business reporter

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 counters that traded.The Industrials Index g…

Published: 01 Aug 2013 at 10:42hrs | 3180 | 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 1.39 points or 0.60% to 232.14 points with gain…

Published: 29 Jul 2013 at 12:35hrs | 1894 | by Business reporter

Swedish firm wins ZSE CSD contract

SWEDISH company CMC Markets has been assigned to set up the Zimbabwe Stock Exchange's Central Securities Depository as the domestic bourse moves in line with global trends of paperless securities trading. Sources said that Chengetedzai, th…

Published: 26 Jul 2013 at 03:47hrs | 16 | 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 or 0.76% to 215.09 on gains in heavyweight count…

Published: 05 Jul 2013 at 10:27hrs | 14 | 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 highlighted by a block deal of 51.58 million FBC shares…

Published: 28 Jun 2013 at 18:02hrs | 1686 | 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 this morning.Agro-industrial based counte…

Published: 26 Jun 2013 at 17:38hrs | 12 | 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 215.24 trimming its year to date gains to 41.23%. …

Published: 25 Jun 2013 at 13:02hrs | 1697 | by Business reporter

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 trade lower but heavyweight Delta accounting fo…

Published: 12 Jun 2013 at 11:44hrs | 1708 | 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 the 220.00 mark.The Industrials Index ga…

Published: 10 Jun 2013 at 10:20hrs | 10 | 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 0.71% to 212.82, another all-time high, taking i…

Published: 04 Jun 2013 at 11:47hrs | 1813 | by Business reporter

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 market turnover jumped to $7,988 million.…

Published: 17 May 2013 at 11:19hrs | 14 | by Business reporter

ZSE: Industrials hits fresh all-time high in midweek trades

ZSE's Industrials closed at a fresh all-time high of 205.71 on Wednesday as investors continue to pile into a few selected counters.The Industrials Index gained 0.99 points or 0.48% to 205.71, an all-time high buoyed by gains in OK Zimbabw…

Published: 15 May 2013 at 14:44hrs | 132 | 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 Industrials Index gained a marginal 0.11 or 0.05% to…

Published: 14 May 2013 at 13:26hrs | 1884 | 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 and OK Zimbabwe.On a year to date basis the Industrials have done 33.63% to register their best run since dollarisation.…

Published: 09 May 2013 at 11:47hrs | 1630 | 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 in the market's top 2 counters Delta and Econet…

Published: 08 May 2013 at 11:09hrs | 1886 | by Business reporter

ZSE shares advance but trading volumes remain weak

ZSE shares advanced on Tuesday with the Industrials drifting towards the 200.00 mark for the first time since dollarisation albeit in thin volumes as most investors stayed on the sidelines despite a rally in selected counters.The Industria…

Published: 07 May 2013 at 13:48hrs | 1906 | by Business reporter

ZSE shares open week higher on selected heavyweights

ZSE shares reversed last Friday's losses to open the week in the green largely on gains in BAT, Delta, Lafarge and OK Zimbabwe.The Industrials Index recovered 0.70 points or 0.37% to 189.64 with heavyweight Delta gaining 1c or 0.79% to 127…

Published: 29 Apr 2013 at 11:07hrs | 10 | by Business reporter

Search / Zse

Get latest news by email:

Chiwenga talks tough

Court stops demolition of Mbare college

Nyokayemabhunu extradition case drags on

Teenager stabs girl after romantic rejection

US$2 000 bonus fueled BF frenxy

Zimbabwean blueberry farmers set sights on China's lucrative market

Mnangagwa honours Sikhonjwa with a state-assisted funeral

Mpofu demoted over suspected links to corruption dossier

Wonderlife herb to go for clinical trials

Jonathan Moyo speaks about recent Politburo reshuffle

CIO summoned ZEC officials as Mnangagwa plots 2030etrenchments

Govt vows crackdown on unlawful retrenchments

Matebeleland South households led by widows

Bulawayo sports bars becoming a 'pandemic'

Mnangagwa disburses tractors to war veterans

Local authorities ruled offside on mining fees

Counterfeit products seized in crackdown

Striking UZ lecturers demand backpay

Zimbabweans left waiting as doomsday rapture fails to materialize

Christmas Pass mining sparks mudslide fears

Zanu-PF SG faces backlash over funeral statement errors

Police constable jailed for obstructing justice

Student nurse arrested for using fake certificate

Bulawayo councillor's fraud trial postponed

Bulawayo police warn residents about rise in street scams

Mzembi challenges remand over US$2 million allegations

Cardiac diseases leading cause of death among Zimbabwean men in the UK

Zimbabwe's World Cup qualifier moved to Durban

Lupane villagers struggle to adapt

Bad habits to avoid during examinations