BUSINESS NEWS

Zera delists seven power producers

THE Zimbabwe Energy Regulatory Authority (Zera) has cancelled licences of seven Independent Power Producers (IPPs) that have failed to kick start their projects within stipulated timeframes as it move...

By Staff reporter | Published: 06 October 2019

ZIMBABWE

NicozDiamond to delist from ZSE

LISTED short-term insurer, NicozDiamond Insurance Limited, will be delisted from the Zimbabwe Stock Exchange as First Mutual Holdings Limited (FMHL) assumes 100 percent ownership.FMHL, which recently ...

By Staff reporter | Published: 11 June 2018

ZIMBABWE

Shareholders approve Old Mutual delisting

Old Mutual plc shareholders have approved plans to separate the group's businesses which will result in it delisting its share from ZSE. They plan to delist on the ZSE on Friday June 29 as part of the...

By Staff reporter | Published: 31 May 2018

ZIMBABWE

Old Mutual set to delist from ZSE

OLD Mutual plc plans to delist its shares from the Zimbabwe Stock Exchange (ZSE) on Friday June 29 as part of the group's managed separation aimed at enhancing shareholder value by separating its busi...

By Staff reporter | Published: 17 May 2018

FINANCIAL SERVICES

ZB hails sanctions delisting

ZB FINANCIAL Holdings (ZB) has lauded the United States' decision to remove the institution from the sanctions list, saying the move re-opened avenues to work with other financial institutions across ...

By Staff reporter | Published: 20 September 2017

ZIMBABWE

Dawn Properties to delist?

Dawn Properties (Dawn) might delist from the Zimbabwe Stock Exchange (ZSE) following an offer to acquire minority shares by major shareholder Brainworks Capital Management Limited (Brainworks).Brainwo...

By Staff reporter | Published: 21 June 2015

INDUSTRIALS & ENERGY

Chemco delisted

Agro-focused firm Chemco Holdings has been delisted from the Zimbabwe Stock Exchange with effect from today.Trade in Chemco shares was suspended in 2012 and shareholders felt that corrective actions f...

By Staff reporter | Published: 08 May 2014

INDUSTRIALS & ENERGY

Chemco plans to delist by April this year

Chemco Holdings plans to delist from the Zimbabwe Stock Exchange this year as it seeks shareholder approval for the transaction due to limited retail and institutional investor interest in Chemco shar...

By Staff reporter | Published: 21 February 2014

INDUSTRIALS & ENERGY

Phoenix to delist from ZSE

Phoenix Consolidated Industries Limited is considering delisting from the Zimbabwe stock exchange as part of the company's turnaround strategy. In a report presented to creditors at the High court thi...

By Staff reporter | Published: 29 January 2014

ZIMBABWE

More firms to delist from the ZSE

MORE public listed firms could delist from the Zimbabwe Stock Exchange for the purposes of raising large sums of fresh capital as this would ensure they get higher valuation figures. Financial analyst...

By Business Reporters | Published: 13 December 2013

ZIMBABWE

Interfresh to delist from ZSE

AGRO-INDUSTRIAL concern Interfresh Limited shareholders have voted in favour of delisting from the Zimbabwe Stock Exchange (ZSE) by year end as the company intensifies its capital hunt.After failing t...

By Staff reporter | Published: 12 December 2013

ZIMBABWE

Trust Holdings delisted from the ZSE

Trust Holdings has been removed from the ZSE official list with effect from today. Trust applied for the company's shares to be temporarily suspended from trading on May 27 this year and the ZSE ...

By Staff reporter | Published: 20 November 2013

INDUSTRIALS & ENERGY

Interfresh seeking approval delist

INTERFRESH Limited is seeking shareholders approval to delist from the Zimbabwe Stock Exchange after it failed to raise $6 million from existing shareholders.In a notice for an extraordinary general m...

By Staff reporter | Published: 20 November 2013

INDUSTRIALS & ENERGY

Chemco release a dismal set of results

Chemco released a dismal set of results showing a decline in group revenue by 27% to $2.3m mainly due to the disposal of TS Timber operations. Loss before tax declined by 77%, the decline was attribu...

By Staff reporter | Published: 29 October 2013

MINING & RETAIL

New Dawn to delist from Toronto Stock Exchange

Zimbabwe focused New Dawn Mining is set to delist from the Toronto Stock Exchange next month and register its operations in the tax haven of Cayman Islands.In a statement, the company said it had appl...

By Business Reporter | Published: 25 October 2013

MINING & RETAIL

New Dawn to delist from Toronto bourse

Canada-based New Dawn Mining Corporation plans to delist from the Toronto Stock Exchange and move its operations in the tax haven of Cayman Islands as part of on-going attempts to cut costs. The Zimba...

By Business Reporter | Published: 25 September 2013

ZIMBABWE

ZSE has no plans to delist inactive counters

THE Zimbabwe Stock Exchange (ZSE) will not relegate counters from the bourse, but plans to set up a second tier market for small- to-medium enterprises (SMEs), it has been learnt.This comes against c...

By Staff reporter | Published: 04 September 2013

ZIMBABWE

ZSE delists Gulliver, Steelnet and Lifestyle, suspends Apex

he Zimbabwe Stock Exchange has delisted Gulliver for failing to meet the reporting requirements of the Listing Rules, Steelnet for failing to meet its continuing obligations after it was placed under ...

By Business reporter | Published: 13 June 2013

ZIMBABWE

ZSE delist three listings

THE Zimbabwe Stock Exchange’s interim board has ordered the termination of the listing of Barbican Holdings Limited, TZI Limited and Red Star Limited.The order, which was effected on Tuesday this...

By Business Reporter | Published: 05 June 2013

ZIMBABWE

Lifestyle shareholders approve delisting from the ZSE

HARARE - Lifestyle Holdings shareholders voted in favour of a Scheme of Arrangement which shall see them owning shares in a Mauritius-based company with Lifestyle expected to delist from the ZSE, at...

By Business reporter | Published: 10 June 2013
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