THE value of shares traded on the Zimbabwe Stock Exchange (ZSE) last year amounted to $65,3 billion, a 277 percent increase on prior year, official data shows. In their portfolio …
finance
-
-
FIRST Mutual Wealth (FMW) says sub-inflation returns, which have persistently threatened the viability of the money market, are likely to continue in 2022. Although interest rates increased last year, they …
-
MORGAN & CO’s multi-sector Exchange Traded Fund (ETF) has gained 25 percent since its units started trading on the Zimbabwe Stock Exchange (ZSE) last Tuesday. It closed yesterday at $12,5 …
-
SOUTH Africa (SA)’s ongoing blitz on illegal immigrants poses a threat to Zimbabwe, which is estimated to have more than a million citizens living in that country and has lately …
-
AIM-listed Caledonia Mining Corporation has announced the transfer of a total of 76 530 common shares to outgoing chief executive Steve Curtis and chief financial officer Mark Learmonth. This follows …
-
NATIONAL Tyre Services (NTS) says it is optimistic that road infrastructure development, continued investment in the productive sector and economic stability will create opportunities for the tyre business. The company …
-
FOREIGN currency distortions on the market are driving up the cost of local production, piling pressure on companies’ margins, due to the growing gap between the official and parallel market …
-
STAR Africa Corporation (StarAfrica) says its equipment maintenance and re-tooling programme which began in 2020 has started to pay-off, with sugar production levels going up. In a statement accompanying the …
-
POWERSPEED Electrical (Powerspeed) says the rising global cost of freight is piling pressure on the business and trimming profit margins. The rising freight costs, which hugely disrupted the electricals manufacturer …
-
THE Tobacco Industry Marketing Board (TIMB) says it is working towards decarbonising tobacco production in line with Environment, Social and Governance investing (ESG). This comes as international pressure for carbon-neutral …
