ACTIVITY on the Victoria Falls Stock Exchange (VFEX) overtook the Zimbabwe Stock Exchange (ZSE) during the first half of 2026, even though the latter still lists more companies. This comes as migrations from the ZSE to the VFEX have picked up following new streamlined rules introduced in April 2026. The trade-count on the VFEX grew…
News Editor NATIONAL Employment Councils (NECs) are crying out for urgent reforms, as their rigid minimum wages and retrenchment rules are harming struggling businesses and discouraging both foreign and domestic investment, experts say. This comes as many companies across various sectors continue to enter corporate rescue or to scale back their operations, amid mounting financial…
News Editor ECONET Wireless Zimbabwe (Econet) shares are trading well below fair value according to local equity research firms. The shares currently trade at a floor price of 50 US cents on the Victoria Falls Stock Exchange (VFEX)’s OTC platform, set when Econet delisted from the Zimbabwe Stock Exchange (ZSE). Three firms argue that price…
News Editor THE Tobacco Industry and Marketing Board (TIMB) is urging farmers to diversify into other commercial enterprises after a tobacco marketing season that fell short of expectations, arguing that relying on a single crop exposes growers to mounting market and climate risks. This comes as this year’s marketing season winds down with tobacco sales…
ZIMBABWE’S government is increasingly relying on consumption tax after Value Added Tax (VAT) brought in ZiG19,3 billion in the first quarter of 2026, up 52,6 percent from ZiG12,7 billion a year earlier. VAT accounted for 29,9 percent of total government revenue, up from 24,9 percent the previous quarter. No other tax head comes close. VAT…
News Editor THE world’s largest asset manager, BlackRock, has increased its overall stake in Caledonia Mining Corporation, while reshuffling its holdings in favour of direct share ownership over derivatives exposure. A Caledonia filing last week covered a threshold crossed on July 8, putting BlackRock’s total position at 6,17 percent of voting rights, up from 6,15…
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…
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…
STRONG activity on the Victoria Falls Stock Exchange (VFEX), stability on the Zimbabwe Stock Exchange (ZSE) and rising equity valuations were a major driver of insurance sector profits during the first quarter of 2026, according to the Insurance and Pensions Commission (IPEC). The sector enjoyed a sharp rise in profitability during the period, but the…
ZIMBABWE’S insurance industry is posting stronger profits, growing asset bases and healthier balance sheets, even as fewer people are taking out, or keeping, insurance policies, latest reports show. This comes as the industry has long struggled to win public confidence, with memories of hyperinflation-era losses, policy lapses and concerns over claim settlements continuing to discourage…
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