FOREIGN investors were net buyers of $12,3 million worth of shares on the local bourse last month, with GetBucks stock accounting for 80 percent of the transactions. According to Zimbabwe …
finance
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MARKETS in Zimbabwe were unfazed by presidential results announced last week on Thursday in which President-elect Emmerson Mnangagwa won 50,8 percent of the votes to 44,3 percent for opposition leader …
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ECONET Wireless Zimbabwe now has the largest market capitalisation on the Zimbabwe Stock Exchange (ZSE) after the local bourse’s decision to include unquoted shares in the company’s valuation on the …
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BRITISH American Tobacco Zimbabwe (BAT) will not be affected by international smoking bans and quotas, Old Mutual Securities (OMSEC) has said. In an analysis of the company’s recently-released financials for …
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THE recent civil service salary hikes are set to boost the performance of the consumer sector as disposable incomes increase, a local research firm has said. Last month government, in …
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PRETORIA Portland Cement Limited (PPC) is seeking shareholder approval to extend financial assistance to its subsidiaries, a move which the directors believe will benefit the group. Shareholders of the cement …
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DIVERSIFIED conglomerate, Starafricacorporation (Starafrica), is on track to return to former glory as the company’s production, profitability and financial figures show signs of life after the recent equipment upgrade and …
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The Real Estate Institute of Zimbabwe (REIZ) says the new administration should urgently restore property rights to attract foreign investors. This comes as one of the major factors hampering FDI …
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RADAR Holdings Limited, which voluntarily delisted from the local bourse over two years ago, intends to set up a trading desk to facilitate over-the-counter transacting of its shares. The company …
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YESTERDAY’s protests in Harare, following Monday’s hotly-contested national elections, dampened business’ hopes that Zimbabwe would finally overcome its economic challenges of the past 20 years. The ugly scenes in the …
