MEIKLES Limited says negotiations over the disposal of its remaining hospitality assets are still ongoing, with the company expected to seek shareholder approval for the proposed transaction at an extraordinary general meeting to be convened in due course. The group, in its latest update to shareholders said discussions remain in progress following earlier announcements regarding…
Beaven Dhliwayo Group Features Editor The appointment of a new Valuers Council of Zimbabwe board marks more than a routine change of office bearers. It comes at a time when…
Econet Wireless Zimbabwe is investing more than US$200 million to expand network capacity, enhance service quality and reduce disruptions caused by persistent power challenges. The investment comes as rapidly rising demand for mobile data continues to place increasing pressure on telecommunications infrastructure, driven by growing smartphone adoption, video streaming, digital services and greater reliance on…
ZIMBABWE’s quests to achieve a mono-currency economy in the medium term are losing momentum, notwithstanding the recent substantial growth in the country’s foreign currency reserves, analysts say. This comes as the Reserve Bank of Zimbabwe (RBZ) has identified the further accumulation of reserves as one of the key conditions precedent that will foster the gradual…
THE inaugural Zimbabwe Industrialisation Conference and Expo 2026 will kick off next week to deliver practical, evidence-based solutions to structural bottlenecks that have historically hindered the country’s manufacturing sector. The Ministry of Industry and Commerce partnered with Africa Economic Development Strategies and ZimTrade to host the conference, which aims to advance the country’s industrial transformation…
AUTHORITIES should promote dual listings to stem the migration of companies from the Zimbabwe Stock Exchange (ZSE) to the US dollar-denominated Victoria Falls Stock Exchange (VFEX), a local think tank has said. The call comes amid growing concerns over the shrinking relevance of the ZSE, which has lost more than a dozen counters to the…
OLD Mutual will migrate its secondary listing from the Zimbabwe Stock Exchange (ZSE) to the Victoria Falls Stock Exchange (VFEX), ending six years of suspended trading for Zimbabwean shareholders and providing access to a US dollar-denominated market. The group’s shares have remained suspended since June 2020 after the government halted trading on the ZSE to…
MEASURES introduced in 2020 to curb speculation on the Zimbabwe Stock Exchange (ZSE) continue to undermine price discovery on the bourse, analysts say. The observers say lingering structural constraints have reduced liquidity, discouraged investor participation and contributed to a wave of company departures. The restrictions were introduced after the ZSE had become a preferred store…
SIX years after the suspension of its shares from the Zimbabwe Stock Exchange (ZSE), Old Mutual Zimbabwe is preparing to migrate its secondary listing to the Victoria Falls Stock Exchange (VFEX), subject to regulatory approvals. The move follows years of engagements with government, regulators and exchange authorities after the insurer, together with PPC Zimbabwe and…
Omega Ukama News Editor ZIMBABWE’S current account surplus reached an estimated US$570 million in Q2, up from US$270,7 million in the same quarter of 2025, according to latest figures from the Reserve Bank of Zimbabwe (RBZ). A current account surplus means the country earned more from exports, remittances and other foreign transactions than it spent…
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More