Finance and Economic Development Minister Mthuli Ncube has suspended fungibility on dual listed shares for a period of twelve months as part if efforts to stabilise the exchange rate. This comes as go...
By Staff reporter | Published: 15 March 2020
The Securities and Exchange Commission of Zimbabwe says it will undertake an audit of all transaction inflows on dual listed shares that were consummated with effect from June 1, 2019. This comes amid...
By Staff reporter | Published: 12 March 2020
Zimbabwe Stock Exchange shares continued their advance with the benchmark index rising past the psychological 500 level. This comes as the market is awaiting the introduction of the Reuters market mar...
By Staff reporter | Published: 12 March 2020
STATE owned mobile network operator, NetOne's revenue market share grew by 1.1% at a time when the company has managed to recover from a loss position.This is according to the Postal and Telecommunica...
By Staff reporter | Published: 22 October 2019
THE battle for shares in Telecel Zimbabwe (Private) Limited between a war veterans organisation Magamba Echimurenga Housing Trust and businessman James Makamba and nine other entities, has been set do...
By Staff reporter | Published: 17 October 2019
GOVERNMENT is moving to complete the sale of its majority shareholding in fixed telecommunications company TelOne and mobile operator NetOne by year-end, businessdigest has learnt.There has been an in...
By Staff reporter | Published: 12 July 2019
Smartech Zimbabwe Limited (CSZL) says debentures held by the company's local shareholders will be valued in the local currency in line with recent monetary policy developments.In a statement accompany...
By Staff reporter | Published: 01 July 2019
Zimbabwe Stock Exchange (ZSE) listed conglomerate, Meikles limited has announced that the proposed plan to sell shareholding in one of its hotels is now awaiting shareholder approval.The company issue...
By Staff reporter | Published: 13 June 2019
MERLIN judicial manager Cecil Madondo has pleaded with company shareholders to withdraw court cases or risk the company's total shutdown.Once listed among the largest textile companies in the country,...
By Staff reporter | Published: 12 February 2019
PACKAGING manufacturer Nampak Zimbabwe says it has been cut off by its major shareholder Nampak Holdings, which has been assisting it with foreign currency due to non-payment of outstanding debts.The ...
By Staff reporter | Published: 07 February 2019
Econet Wireless Zimbabwe (EZW) CEO Douglas Mboweni has described the company's equity stake in Liquid Telecom Holdings, which is just under 10% as "a US$135 million forex reserve".Speaking about the f...
By Staff reporter | Published: 23 December 2018
Zanu-PF and MDC-Alliance will share $8 million allocated to political parties by Treasury under the Political Parties Finance Act. Finance and Economic Development Minister Professor Mthuli Ncube set ...
By Staff reporter | Published: 17 December 2018
BOTSWANA-based supermarket, Choppies, has threatened to revoke shares it gave to former Vice-President Phelekezela Mphoko and his son, Siqokoqela, as part of a scam to allow the retailer to comply wit...
By Staff reporter | Published: 11 December 2018
TSL Ltd moved to avert a potentially explosive showdown at an extraordinary general meeting (EGM), which was scheduled for this week, to consider a proposal that would have seen the issuance of new sh...
By Staff reporter | Published: 07 December 2018
SHAREHOLDERS of Econet Wireless have approved the demerger of Cassava SmarTech from Econet Wireless Zimbabwe Limited, paving the way for the listing of a new diversified technology business called Cas...
By staff reporter | Published: 03 December 2018
ECONET Wireless Zimbabwe Limited's (EWZL) saw a 32,4% dip to its share price to $1,6531 as of the end of yesterday's trading as the market re-evaluated the company due to it unbundling its financial t...
By Staff reporter | Published: 22 November 2018
ZIMBABWE Mining Development Corporation (ZMDC) board chairperson Peter Chimboza on Monday disclosed to Parliament that the army has 30% shareholding in the Great Dyke Investment (GDI) mining company.C...
By Staff reporter | Published: 21 November 2018
Meikles Limited has made a court application challenging the attachment of shares in several of its subsidiaries by the sheriff to settle a $1,5 million debt owed to a local consultancy firm.The liste...
By Staff reporter | Published: 20 November 2018
EDGARS Stores (Edgars) says it is engaged in discussions with an unnamed investor in a deal that may impact value of the company's shares.Buhlebenkosi Mpofu, the clothing retailer' company secretary, ...
By Staff reporter | Published: 06 September 2018
FOREIGN investors were net buyers of $13 million shares on the Zimbabwe Stock Exchange (ZSE) in June, with particular interest in Old Mutual Limited.According to figures from the ZSE, foreign purchase...
By Staff reporter | Published: 23 July 2018
THE Zimbabwe Stock Exchange (ZSE) recorded a block trade in microfinance institution GetBucks shares during Monday's trading session, with about $266,4 million shares exchanging hands.Traded at $0,033...
By Staff reporter | Published: 23 July 2018
DIVERSIFIED insurance group, Nyaradzo Life Assurance Company, says its market share has grown to more than 70 percent owing to the introduction of a number of corporate social responsibility programme...
By Staff reporter | Published: 13 July 2018
HIGH Court judge Justice Alphas Chitakunye has ordered Hotel Elizabeth shareholders to share the $200 000 dividends declared two years ago, putting to rest the long-running legal wrangle between co-di...
By Staff reporter | Published: 09 July 2018
Glencore will buy back as much as $1bn of its shares, a move that may soothe investors' concerns after the world's top commodity trader was hit by a US Department of Justice probe earlier this week.Th...
By Bloomberg | Published: 05 July 2018
Shares in Italy's most famous and most successful soccer team, Juventus, have jumped after rumors emerged that Real Madrid star Cristiano Ronaldo could make a summer move to Italy.A news story in O Jo...
By Business Insider | Published: 05 July 2018
Concern over Masvingo black market 
Kenya declares three days of mourning for Mugabe 
UK's Boris Johnson quits over Brexit stretegy 
SecZim licences VFEX 
Zimbabwe abandons debt relief initiative 
European Investment Bank warms up to Zimbabwe 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
