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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...Published: 26 Sep 2024 at 13:37hrs | 62 | by Staff reporter
Kumalo appointed as new chairperson
Zimplow Holdings Limited has appointed Benjamin Nkosentya Kumalo as its new chairperson, effective July 31, 2024, following the resignation of Godfrey Tsikayi Manhambara at the end of July. ...Published: 21 Aug 2024 at 07:21hrs | 501 | by Staff reporter
Unifreight eyes cross-border business
LISTED transport and logistics firm Unifreight Africa Limited has revealed plans to diversify and de-risk the business by actively pursuing cross-border and contract haulage.The company, which...Published: 12 Jul 2023 at 08:18hrs | | by Staff reporter
'Puppets will never rule Zimbabwe'
PRESIDENT Mnangagwa yesterday said time has come to vote out corrupt opposition councillors whose parties have not only run down local authorities but are puppets of Western countries that want to rem...Published: 26 Jul 2022 at 06:37hrs | 8 | by Staff reporter
Oliver Chidawu burial set for today
The memorial service for the Minister of State for Harare Provincial Affairs and Devolution, Engineer Oliver Chidawu, who died last Tuesday, was held yesterday at the family home in Harare ahead of bu...Published: 25 Jul 2022 at 06:26hrs | 1 | by Staff reporter
Zanu-PF mourns Chidawu
Zanu-PF has expressed shock following the death of Minister of State for Harare Metropolitan Provincial Affairs and Devolution Oliver Chidawu.Chidawu collapsed and died this morning at his hom...Published: 19 Jul 2022 at 18:40hrs | 1 | 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
7 investors take SecZim to High Court
SEVEN investors have filed an urgent chamber application at the High Court for stay of implementation of the Securities and Exchange Commission (SecZim) directive on migration of registers of shares b...Published: 28 Oct 2021 at 19:09hrs | 8 | by Staff Reporter
Construction firms cash in on Zimbabwe's growing infrastructural spending
AS construction spending by government, mines and individual home builders grows, the tills are ringing at some of Zimbabwe's listed companies.Between January and June, government spent $21,2 ...Published: 08 Oct 2021 at 06:30hrs | 8 | by Staff reporter
20 richest investors on the Zimbabwe Stock Exchange
Investors on the Zimbabwe Stock Exchange have amassed staggering wealth since the start of the year owing to the strong pace of recovery in the country and renewed buying interest by local inv...Published: 29 Aug 2021 at 07:05hrs | 270 | by Mfonobong Nsehe
John Deere expands firm's construction equipment portfolio to Zimbabwe
JOHN Deere is expanding its construction equipment line-up to 18 countries, including Zimbabwe, where Deere-branded construction products were previously not available.The company already supp...Published: 16 Apr 2021 at 07:54hrs | 1 | by Staff reporter
Zimbabwe companies cut working hours
COMPANIES in Bulawayo have resorted to reduced working hours due to a shortage of raw materials as foreign currency shortages continue to take their toll, the Confederation of Zimbabwe Industries (CZI...Published: 26 Oct 2018 at 06:39hrs | | by Staff reporter
Investors cautious till election resolution
TRADING on the Zimbabwe Stock Exchange (ZSE) was down last week as investors were weighing their options and exercising extreme caution ahead of an announcement of the election results, trading data h...Published: 07 Aug 2018 at 07:20hrs | | 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
Mangudya hails bond notes
Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mangudya says bond notes have been successful since they have helped companies to increase both production and exports.Dr Mangudya said this whe...Published: 14 Mar 2018 at 05:42hrs | | by Staff reporter
Mangudya refuses to resign, says 'Bond notes have been successful'
Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mangudya says bond notes have been successful since they have helped companies to increase both production and exports.Dr Mangudya said this whe...Published: 13 Mar 2018 at 05:45hrs | | by Staff reporter
Bulawayo industries look up to Zisco revival
Industries in Bulawayo relying on steel products have appealed to government to speedily recapitalise giant steel producer Ziscosteel, to enable them to expand their operations.The remarks cam...Published: 15 Feb 2018 at 05:36hrs | | by Staff reporter
Open letter to Mthwakazi
Dear Mthwakazi, Angiqale ngokubingelela sizw'esinsundu, sizw'esimpisholo. Mthwakaz'omyama ondlelazimhlophe induku zibomvu. Mazinyan'eSilo uLobhengula wamaWaba kaMzilikazi kaMatshobana kaManget...Published: 06 Dec 2017 at 16:03hrs | | by Collen Dube
Mugabe appoints varsity councils
PRESIDENT Mugabe has appointed councils for nine State universities including the National University of Science and Technology (Nust) in Bulawayo as well as the Zimbabwe Council for Higher Education ...Published: 28 Jun 2017 at 06:05hrs | | by Staff reporter
Director fails to pay $1 200 maintenance
A ZIMPLOW director has appeared in court after running into $2 400 in maintenance arrears.Bulawayo magistrate Mr Tinashe Tashaya ordered Stanley Ndlovu of Hillside suburb last November to ...Published: 20 Jan 2017 at 05:46hrs | 1 | by Staff reporter
More foreign goods face censor
A NUMBER of companies in Zimbabwe are pushing for the Government to include more goods under import restrictions among them small farm implements such as undrawn ploughs, consumptive goods such as spi...Published: 28 Aug 2016 at 10:39hrs | | by Dumisani Nsingo
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
List of companies that are currently offering apprenticeship
The Deputy Minister of Higher and Tertiary Education, Science and Technology Dr Gandawa yesterday released a list of Zimbabwean companies that currently offer apprenticeship.The companies recr...Published: 20 May 2015 at 20:35hrs | 42 | by Ndou Paul
Doctors ordered to 'go back to work'
The minister of Health and Child Care, David Parirenyatwa, on Tuesday pleaded with the striking doctors to go back to work as negotiations with the health board are on-going."We have a health ...Published: 29 Oct 2014 at 06:16hrs | | by Staff reporter
SA company wins bid to buy Homelink
ADDAX Trading, a South African-based company has won the bid to buy Homelink Private Ltd for $22 million, sources familiar with the transaction said.The company won the bid ahead of other cont...Published: 16 May 2014 at 07:07hrs | | by Martin Kadzere
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 th...Published: 02 Jan 2014 at 10:41hrs | 1 | by Perry Munzwembiri
When the dollarisation cure poisons
THE past three instalments have seen this column deal with sample thoughts on Zimbabwe, our country. Of course the underlying issue is a Lenin-like question: What is to be done. As you notice, I avoid...Published: 24 Nov 2013 at 12:46hrs | | by Nathaniel Manheru
Zimplow bullish about new Government
ZIMPLOW Limited is confident the new Government will adopt economic policies that favour agriculture, mining and infrastructure in what should positively impact its business.Group chief execu...Published: 04 Sep 2013 at 15:25hrs | | by Staff reporter
Mpilo Hospital turns into state-of-the-art institution
MPILO Central Hospital in Bulawayo is fast turning into a state-of-the-art health institution following the adoption of major wards by local companies who are financing its rehabilitation. The...Published: 10 Aug 2013 at 16:37hrs | 1 | by Staff 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
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 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 snaps 6-day rising streak at week's opening
ZSE shares opened the week lower as Industrials snapped a 6-day rising streak after giving in to losses in Econet and Innscor ...Published: 13 May 2013 at 12:03hrs | | by Business reporter
ZSE inches closer to $6bn market cap threshold
THE Zimbabwe Stock Exchange market capitalisation inched closer to the US$6 billion threshold yesterday after the main industrial index gained for the fourth consecutive day to close 1,4 percent stron...Published: 10 May 2013 at 03:43hrs | | by Golden Sibanda
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: Industrials scratches out gains at week's end
ZSE's Industrials ended the holiday shortened week In the positive territory helped largely by gains in Econet, Innscor and OK Zimbabwe.The Industrials Index...Published: 03 May 2013 at 10:34hrs | | by Business reporter
Harare companies dominate ZITF
THIS year's edition of the Zimbabwe International Trade Fair (ZITF) is dominated by Harare companies who make up 57% of local exhibitors, with Bulawayo firms accounting for 35%.More than 100 ...Published: 26 Apr 2013 at 06:51hrs | 1 | by Nqobile Bhebhe
ZSE shares little changed after Independence holiday
ZSE shares were little changed on Friday with the 10 counters that managed gains failing to inspire Industrials, closing a modest 0.01% in the red after giving in to losses in just 4 counters after th...Published: 19 Apr 2013 at 10:49hrs | | by Business reporter
ZSE:- Innscor sustains Industrials at week's opening
Gains in Innscor helped the Industrials manage modest gains on Monday as telecoms blue chip Econet continues to falter....Published: 15 Apr 2013 at 10:01hrs | | 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 extends gains as Minings recover
Industrials extended gains on Monday after gains in heavyweight counters Delta, BAT and Hippo while Minings recovered last Friday's losses on gains in RioZim....Published: 08 Apr 2013 at 11:58hrs | 1 | by Business reporter
Zimplow to achieve operating profit or break-even by half year
Zimplow Holdings will probably achieve an operating profit or at least break-even for the half year, CEO Zondi Kumwenda told the AGM last Thursday. "There will be discontinued operations ...Published: 08 Apr 2013 at 11:45hrs | | 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 shares rebound as turnover rises to $3.2 million
ZSE shares registered their first gains for the month of April on Wednesday following remarkable gains in Innscor, Natfoods ...Published: 03 Apr 2013 at 10:53hrs | 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 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 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 Market report:- Industrials wallows in the red
ZSE's Industrials stayed in the red on Tuesday after an uninspiring session where only 4 counters managed gains against 6 that traded lower while 19 remained unchanged from previous levels.The...Published: 12 Mar 2013 at 11:41hrs | | by Business reporter
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