ZIMBABWE

ZSE to maintain dual listing for local companies

DUAL listing remains the most viable option for local listed companies and the Zimbabwe Stock Exchange (ZSE) will not dump its plan to collaborate with other offshore bourses despite the 90-day morato...

By Staff reporter | Published: 12 July 2019

BUSINESS NEWS

Beitbridge businessman and Zanu-PF loyalist Chiwa dies

Beitbridge businessman and Zanu-PF loyalist Manu Chiwa has died.Chiwa died on admission at the Beitbridge Hospital after he was involved in an accident on Wednesday night.Matabeleland South police spo...

By Staff reporter | Published: 05 July 2019

ZIMBABWE

Dual Listing: Fungible securities explained

Many investors are always on the lookout for new ways to make a profit, and fungible instruments allow just such a thing through the action of arbitrage. In other words, fungible securities allow inve...

By Staff reporter | Published: 01 July 2019

POLITICS

Mnangagwa engages Capitalk FM listeners live

HARARE's prime talk radio station, Capitalk 100.4FM, is set to host its first live interview with President Mnangagwa today, with various issues confronting the economy such as price increases and cur...

By Staff reporter | Published: 14 June 2019

POLITICS

Civil society activists on Zimbabwe military watch list

THE Zimbabwe National Army's Military Intelligence (MI) unit has placed on its watchlist several civil society activists it claims are conniving with United States to unseat President Emmerson Mnangag...

By Staff reporter | Published: 14 June 2019

ZIMBABWE

ZSE reviews listing application fees

The Zimbabwe Stock Exchange (ZSE) has reviewed listing application fees in line with changes in the local functional currency. The changes are also based on an analysis of the regional listing fees an...

By Staff reporter | Published: 14 June 2019

ZIMBABWE

New ZSE Listings Rules abolish executive chairmanship; reporting to be done quarterly

New Zimbabwe Stock Exchange Listing Rules will now prohibit the position of executive chairman as part of efforts to promote good corporate governance while companies will now be compelled to publish ...

By FinX | Published: 09 June 2019

POLITICS

Corruption busters short-listed

Parliament will meet tomorrow to finalise shortlisted candidates that will undergo public interviews for appointment to the Zimbabwe Anti-Corruption Commission (Zacc).One hundred and thirty-three cand...

By Staff reporter | Published: 05 May 2019

ZIMBABWE

ZSE expects more listings

The Zimbabwe Stock Exchange (ZSE) projects strong capital growth through initial public offering (IPO) listings next year, with revelations that the government intends to encourage state-owned enterpr...

By Staff reporter | Published: 30 April 2019

BUSINESS NEWS

Beneficiaries from the govt loan for businesses affected by January riots

Finance and Economic Development Minister Professor Mthuli Ncube said he was satisfied with the process being undertaken by the Government towards assisting businesses, which were looted and had their...

By Staff reporter | Published: 28 April 2019

POLITICS

Zimbabwe deports SA journalists

Two South African journalists were yesterday deported by Zimbabwean authorities amid fears government could be going in overdrive to stifle access to information.In a statement, Media Alliance of Zimb...

By Staff reporter | Published: 19 January 2019

BUSINESS NEWS

Callisto Jokonya to lead Zimra Board

The Minister of Finance and Economic Development has announced a new 6-member ZIMRA board in terms of Section 5 of the Revenue Authority [Chapter 23:11] with effect from 19 December 2018.In a statemen...

By Staff reporter | Published: 20 December 2018

ZIMBABWE

Cassava Smartech listing on tomorrow

Econet Zimbabwe's fintech business Cassava Smartech Zimbabwe Limited (CSZL) will list on the Zimbabwe Stock Exchange (ZSE) tomorrow.This comes after regulatory approvals to spin off the telecoms giant...

By Staff reporter | Published: 17 December 2018

BUSINESS NEWS

URL listing to depend on economy outlook, says Moyo

A PLANNED initial public offering of United Refineries Ltd (URL) will depend on the economic climate, CE Busisa Moyo says.URL this year moved to strengthen its balance sheet by inviting pension funds ...

By Staff reporter | Published: 07 December 2018

OPINION

What are the realistic chances for political dialogue in Zimbabwe?

All political transitions (without exception) whether occasioned by revolution, externally driven or resulting from an election, are perfected through dialogue between the contending forces in society...

By Brian T Kagoro | Published: 07 December 2018

TELECOMS & TECHNOLOGY

Shareholders approve Cassava demerger, separate listing

SHAREHOLDERS of Econet Wireless have approved the demerger of Cassava SmarTech from Econet Wireless Zimbabwe Limited, paving the way for the listing of a new diversified technology business called Cas...

By staff reporter | Published: 03 December 2018

INDUSTRIALS & ENERGY

Simbisa shelves LSE listing plans

Quick service restaurant (QSR) group, Simbisa Brands Limited's plans for a secondary listing on the London Stock Exchange have been put on hold as the market is currently not conducive for the transac...

By Staff reporter | Published: 26 November 2018

TRANSPORT & TOURISM

Cyclist sues bus company for $67,000

A BULAWAYO cyclist, who was injured in an accident involving an Inter-Africa (Mukumba Brothers)-owned bus in 2015, has filed a $67 000-lawsuit against the company at the Bulawayo High Court.The accide...

By Staff reporter | Published: 21 November 2018

BUSINESS NEWS

Super specialist service for Ekusileni Medical Centre

HEALTH and Child Care minister Obadiah Moyo recently said he would meet with prospective investors who wish to operationalise the late Vice-President Joshua Nkomo's project, Ekusileni Medical Centre, ...

By Staff reporter | Published: 21 November 2018

INDUSTRIALS & ENERGY

Simbisa postpones LSE listing

SIMBISA Brands has postponed its planned secondary listing on the London Stock Exchange (LSE)'s Alternative Investment Market (AIM) to a later date.The country's largest fast-food restaurant operator ...

By Staff reporter | Published: 30 September 2018

BUSINESS NEWS

Brainworks eyes 2019 ZSE listing

Brainworks Limited is planning a secondary listing on the ZSE by 2019, a move it said is aimed at consolidating its growth strategy. The Mauritius-registered investments holding company made its initi...

By Staff reporter | Published: 27 September 2018

BUSINESS NEWS

Mthuli Ncube embarks on stakeholder listening & consulting roadshow

Minister of Finance and Economic Development Professor Mthuli Ncube embarks on stakeholder listening and consulting roadshow, starting with private meeting with fifty captains of industry. New Zi...

By Agencies | Published: 12 September 2018

POLITICS

Mudede sued for blacklisting Violet Gonda

HUMAN rights lawyers have taken Registrar-General (RG) Tobaiwa Mudede to the High Court, seeking an order compelling him to remove travel restrictions imposed on freelance journalist Violet Gonda, who...

By Staff reporter | Published: 07 September 2018

BUSINESS NEWS

Populist measures deepen fiscal crisis

GOVERNMENT'S recent decision to award soldiers and police a hefty "special allowance" a few weeks before Zimbabwe holds a crucial general elections on July 30 shows that President Emmerson Mnangagwa's...

By Staff reporter | Published: 27 July 2018

MINING & RETAIL

ZMDC shortlists SA, Canadian investors

THE Zimbabwe Mining Development Corporation (ZMDC) has shortlisted Canadian and South African investors for joint venture partnerships to resuscitate its defunct gold and graphite mines in the country...

By Staff reporter | Published: 26 July 2018
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