BUSINESS NEWS

GetBucks shares exchange hands

THE Zimbabwe Stock Exchange (ZSE) recorded a block trade in microfinance institution GetBucks shares during Monday's trading session, with about $266,4 million shares exchanging hands.Traded at $0,033...

By Staff reporter | Published: 23 July 2018

BUSINESS NEWS

Cash dealers slash exchange rate

CASH dealers are selling bond notes at a premium rate of 22% to buyers using EcoCash in the high-density Harare suburb of Mbare, which is the lowest rate on offer thus far.In a snap survey conducted b...

By Staff reporter | Published: 23 July 2018

OPINION

Zim needs alternative securities exchange

The Zimbabwe Emerging Enterprise Market (ZEEM) listing requirements and rules, which once approved, will allow small and medium enterprises (SMEs) to list on a secondary bourse, have been with the Att...

By Panashe Sachikonye | Published: 07 June 2018

ZIMBABWE

Zim to compel mining firms to list on local exchange

Zimbabwe wants mining companies operating in the country to list the majority of their shares on the local exchange, stirring uncertainty among investors as the nation with the world's biggest platinu...

By Bloomberg | Published: 05 April 2018

FINANCIAL SERVICES

Zim cryptocurrency exchange makes waves

Zimbabwe's only cryptocurrency exchange, Golix, has reached a massive milestone after it cleared over 2 000 customer support tickets in less than weeks. The company, which is known for allowing Zimbab...

By Staff reporter | Published: 14 February 2018

ZIMBABWE

Industry calls for commodity exchange

Zimbabwe's business community has advised the government to resuscitate the country's commodity exchange in a bid to boost agricultural production.The country previously had a thriving commodity excha...

By Staff reporter | Published: 24 January 2018

OPINION

Exchange control a Zimbabwean cancer

In all the years that I worked as an economist in what was then Southern Rhodesia and subsequently in the Republic of Zimbabwe, I argued in any circles that would hear me, that exchange control was a ...

By Eddie Cross | Published: 08 September 2017

BUSINESS NEWS

Productivity key to foreign exchange earnings

Lack of production by local firms is hindering the ability of the country to increase foreign exchange inflows to sustain productive sectors.The government has adopted a number of policies aimed at re...

By Staff reporter | Published: 13 July 2017

ZIMBABWE

Stock exchange to set up SMEs fund

The Zimbabwe Stock Exchange is mulling establishing a revolving facility that will be used by small to medium enterprises wishing to undertake a primary listing on the impending SMEs bourse.Chief exec...

By Golden Sibanda and Tinashe Makichi I The Herald | Published: 29 July 2014

FINANCIAL SERVICES

Stanbic is the Best Foreign Exchange Provider in Africa

Stanbic Bank's parent company, Standard Bank group, Africa's largest lender by assets, has been named the winner of Best Foreign Exchange Provider in Africa 2014 for a second successive year. Standar...

By Staff reporter | Published: 12 February 2014

ZIMBABWE

Legal instrument stalls commodities exchange

The Agriculture ministry says government is finalising a legal instrument to facilitate the launch of the long-awaited commodities exchange.Clemence Bwenje, economics and markets director in the Agric...

By Staff reporter | Published: 13 December 2013

OPINION

Fallen heroes of the Zimbabwe Stock Exchange

Economic cycles have become shorter and more volatile. One only has to look at the devastating effects of the global financial crisis of 2008, whose effects five years down the road are still being f...

By Tony Fisher | Published: 22 November 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

ZIMBABWE

Govt to finalise commodities exchange set-up

Government needs to finalise the setting up of a commodities exchange as soon as possible for industry to start recognising benefits from the resuscitation of the agricultural sector, the Minister of ...

By Business Reporter | Published: 01 October 2013

OPINION

Commodity exchange makes the economy efficient

Zimbabwe has a commodity exchange that is yet to start operating due to lack of funds. However the Ministry of Industry and Commerce has indicated its working to ensure that the exchange is functional...

By Staff reporter | Published: 30 September 2013

MINING & RETAIL

Zimbabwean appointed to Dubai diamond exchange board

Former Mines and Mining Development permanent secretary Prince Mupazviriho has been appointed to the board of the Dubai Diamond Exchange (DDE), one of the world leading precious stones trading platfor...

By Staff reporter | Published: 27 September 2013

ZIMBABWE

ZSE opens bid for exchange's automation

Zimbabwe Stock Exchange has opened bids for vendors who want to supply hardware and software for the automation of the exchange scheduled for completion before the end of this year.In a statement, ZSE...

By Staff reporter | Published: 19 September 2013

ZIMBABWE

Govt urged to set up a commodity exchange

Farmer organisations are optimistic that the incoming government will finalise the setting up of the commodity exchange if the country is to realise fair value of agricultural produce.The commodity e...

By Business reporter | Published: 04 September 2013

ZIMBABWE

Harare Stock Exchange on cards

THE post-election Zanu-PF Government plans to establish another securities trading bourse known as the Harare Stock Exchange with a separate platform for exclusive participation by indigenous investor...

By Business reporter | Published: 24 July 2013

ZIMBABWE

Commodities exchange remains a dream

Government has failed to meet its June deadline for the operationalisation of the commodities exchange, amid calls for sincerity in the setting up of the exchange.Despite pledges by the Ministry of Fi...

By Business reporter | Published: 03 July 2013

EUROPE

British shares rise

London - Britain's top share index rose on Monday as investors placed fresh bets at the start of the quarter, with robust June manufacturing data sending industrial firms to the top of the leaderboard...

By Reuters | Published: 01 July 2013

HOW TO

How to invest on the Zimbabwe Stock Exchange

Zimbabwe dominated the list of sub-Saharan Africa's top-performing stocks of 2011. In light of this, I thought it might be helpful to run through the details of actually buying and selling stock on th...

By Ryan Hoover | Published: 11 June 2013

ZIMBABWE

Zimbabwe to launch mining stock exchange

A Zimbabwe Mining Stock Exchange is expected to be introduced in the third quarter of this year to ensure the country gets proper value of its resource commodities.Concerned with alleged mineral rev...

By Business reporter | Published: 10 June 2013

ZIMBABWE

Commodity exchange on the cards

The country's fiscal authorities say they are finalising the setting up of the Commodities Exchange of Zimbabwe, which is expected to assist in the mobilisation of financial resources and ensuring p...

By Staff reporter | Published: 10 June 2013

ZIMBABWE

Stockbrokers in bid to stop privatisation of the Zimbabwe Stock Exchange

STOCKBROKERS are fighting a losing battle in their bid to stop the privatisation of the Zimbabwe Stock Exchange, Securities Commission of Zimbabwe chief executive Mr Tafadzwa Chinamo has said.Addres...

By Business Reporter | Published: 10 June 2013
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