ZSE TODAY

Rising market activity sees 124 new accounts opened on the CSD in September

A total of 124 new accounts were opened on the Central Securities Depository in September, bringing the total number of accounts that have been opened to 26,845. This is against the historical peak of...

By Staff reporter | Published: 17 October 2019

ZIMBABWE

Resurgent ZSE recovers in September

The ZSE added $8.78 billion in value during September as the local bourse closed the month 40% higher and the third quarter 14% higher. Overall, in nominal terms the month yielded 45 gainers and 3 fal...

By Staff reporter | Published: 04 October 2019

OPINION

Zimbabwe currency stability faces headwinds

The battle for new currency stability faces severe headwinds, and the signs are not good. It was always going to be an uphill task, even under the best of conditions to re-introduce a currency that wa...

By Joseph Mverecha | Published: 23 September 2019

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

POLITICS

Chapfika granted 5-year separation with wife

FORMER Finance deputy minister and Zanu-PF legislator David Chapfika, has been ordered to separate with his wife of over 32-years in marriage, Abina Chapfika (nee Mutimusakwa), for the next five years...

By Staff reporter | Published: 25 July 2018

BUSINESS NEWS

SEP privatisation to spur market growth

Government's move to privatise and restructure Zimbabwe's state enterprises and parastatals (SEPs) will have a significant impact on the growth of the local capital markets, according to analysts at A...

By Staff reporter | Published: 15 July 2018

OPINION

Local government elections must be held separately

It's election year again and the usual suspects are out there promising everything to everyone, everywhere they go.Pertinently below the rubble, of harmonised elections lies a very important plebiscit...

By Dumisani O Nkomo | Published: 30 May 2018

ANNOUNCEMENTS

MASH.zw | Abridged Audited Results for the Year Ended 30 September 2017

Financial Highlights:Revenue $ 4,708,339Operating profit $ 2,456,432Profit before tax $ 2,599,517Profit for the year $ 1,568,048Dividend per share 0.097 US centsTotal comprehensive income for the year...

By MASH | Published: 01 February 2018

ECONOMC INDICATORS

September inflation at 0.78%

The country's annual inflation for September stood at 0.78 percent, gaining 0.64 percent on the August 2017 rate of 0.14 percent, the Zimbabwe National Statistical Agency (ZimStats) has announced toda...

By Staff reporter | Published: 16 October 2017

ANNOUNCEMENTS

DLTA.zw | Trading Update for the Second Quarter Ended 30 September 2017

Details:The Company has issued an update for the second quarter and half year ended 30 September 2017. The trading environment continues to be impacted by the prevailing transactional challenges chara...

By DLTA | Published: 16 October 2017

BUSINESS NEWS

Zimra surpasses Sept collections

The Zimbabwe Revenue Authority (Zimra) surpassed its revenue target by 14,34% in September, with net collections of $373,23 million on the back of tax compliance. The net collections target was $326,4...

By Staff reporter | Published: 06 October 2017

ZSE TODAY

Market Commentary 29 September 2017

INDUSTRIALSThe Industrial Index closed the week at an all time high of 418.39 points after gaining 4.49 points (1.08%). Insurance giant OLD MUTUAL (OML.zw) gained a significant $0.8786 to end at $9.19...

By zse | Published: 29 September 2017

ZSE TODAY

Market Commentary 28 September 2017

INDUSTRIALSThe Industrial Index gained an additional 9.53 points (2.36%) to close at 413.90 points.  SEEDCO (SEED.zw) went up by a further $0.3203 to end at $2.7298, INNSCOR (INN.zw) shifted up $...

By zse | Published: 28 September 2017

ZSE TODAY

Market Commentary 27 September 2017

INDUSTRIALSThe Industrial Index gained a further 14.36 points (3.68%) to settle at 404.37 points bringing the index to an all time high. BRITISH AMERICAN TOBACCO (BAT.zw) gained by a hefty $2.0000 to ...

By zse | Published: 27 September 2017

ZSE TODAY

Market Commentary 26 September 2017

INDUSTRIALSThe Industrial Index continued in the upward trend adding 8.57 points (2.25%) to settle at 390.01 points.  NATIONAL FOODS (NTFD.zw) gained a further $0.1740 to close at $5.0340, PPC (P...

By zse | Published: 26 September 2017

ZSE TODAY

Market Commentary 25 September 2017

INDUSTRIALSThe Industrial Index gained a further 15.36 points (4.20%) to end at 381.44 points.  BRITISH AMERICAN TOBACCO (BAT.zw) advanced by $1.9333 to end at $28.0000, NATIONAL FOODS (NTFD.zw) ...

By zse | Published: 25 September 2017

ZSE TODAY

Market Commentary 22 September 2017

INDUSTRIALSThe Industrial Index rebounded 1.66 points (0.46%) to end the week at 366.08 points. Heavyweights gained ground as BRITISH AMERICAN TOBACCO (BAT.zw) added $3.1317 to close at $26.0667, AFDI...

By zse | Published: 22 September 2017

ZSE TODAY

Market Commentary 21 September 2017

INDUSTRIALSThe Industrial Index shed 2.71 points (0.74%) to settle at 364.42 points in mixed trading. SEEDCO (SEED.zw) came off $0.0603 to end at $2.3447, PADENGA (PHL.zw)  eased $0.0454 to close...

By zse | Published: 21 September 2017

ZSE TODAY

Market Commentary 20 September 2017

INDUSTRIALSThe Industrial Index extended the losses shedding 4.18 points (1.13%) to end at 367.13 points. PADENGA (PHL.zw) dropped $0.1500 to close at $0.8500,  DELTA (DLTA.zw)  lost a furth...

By zse | Published: 20 September 2017

ZSE TODAY

Market Commentary 19 September 2017

INDUSTRIALSThe Industrial Index lost 19.31 points (4.94%) to settle at 371.31 points. DELTA (DLTA.zw)  eased $0.4063 to $2.2937, HIPPO (HIPO.zw) shed $0.1424 to $1.3025 while SIMBISA (SIM.zw) dro...

By zse | Published: 19 September 2017

ZSE TODAY

Market Commentary 18 September 2017

INDUSTRIALSThe Industrial Index retreated 9.41 points (2.35%) to end at 390.62 points. DELTA (DLTA.zw)  was down $0.2571 to close at $2.7000, INNSCOR (INN.zw) shed $0.0248 to $1.5020 while MEIKL...

By zse | Published: 18 September 2017

ZSE TODAY

Market Commentary 15 September 2017

INDUSTRIALSThe Industrial Index closed the week on a higher note recording a key milestone passing the 400 point mark after gaining 20.08 points (5.28%) to close at 400.03 points. DELTA (DLTA.zw) incr...

By zse | Published: 15 September 2017

ZSE TODAY

Market Commentary 14 September 2017

INDUSTRIALSThe Industrial Index soared a hefty 32.32 points (9.30%) to end at 379.95 points on the back of increased trading activities. OLD MUTUAL (OML.zw) went up by a significant $1.1016 to close a...

By zse | Published: 14 September 2017

ZSE TODAY

Market Commentary 13 September

INDUSTRIALSThe Industrial Index jumped a massive 32.53 points (10.32%) to settle at 347.24 points on the back of increases volumes. SEEDCO (SEED.zw) led the movers with a $0.3825 gain to settle at $2....

By zse | Published: 13 September 2017

ZSE TODAY

Market Commentary 12 September 2017

INDUSTRIALSThe Industrial Index continued in the upward trend gaining 14.07 points (4.67%) to close at 315.10 points. OLD MUTUAL (OML.zw) advanced by $0.5282 to end $5.5284,  INNSCOR (INN.zw) gai...

By zse | Published: 13 September 2017
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