Mnangagwa's govt suspends fungibility on dual-listed shares

Finance and Economic Development Minister Mthuli Ncube has suspended fungibility on dual listed shares for a period of twelve months as part if efforts to stabilise the exchange rate. This comes as go...

By Staff reporter | Published: 15 March 2020


SecZim to audit fungible shares trading amid 'cheating' reports

The Securities and Exchange Commission of Zimbabwe says it will undertake an audit of all transaction inflows on dual listed shares that were consummated with effect from June 1, 2019. This comes amid...

By Staff reporter | Published: 12 March 2020


ZSE shares continue to advance on mid-cap gains

Zimbabwe Stock Exchange shares continued their advance with the benchmark index rising past the psychological 500 level. This comes as the market is awaiting the introduction of the Reuters market mar...

By Staff reporter | Published: 12 March 2020


Telecel Zimbabwe shares saga rages on

THE battle for shares in Telecel Zimbabwe (Private) Limited between a war veterans organisation Magamba Echimurenga Housing Trust and businessman James Makamba and nine other entities, has been set do...

By Staff reporter | Published: 17 October 2019


Govt to cede TelOne, NetOne majority shares by year-end

GOVERNMENT is moving to complete the sale of its majority shareholding in fixed telecommunications company TelOne and mobile operator NetOne by year-end, businessdigest has learnt.There has been an in...

By Staff reporter | Published: 12 July 2019


Shares in Liquid are like $135m cash, says Mboweni

Econet Wireless Zimbabwe (EZW) CEO Douglas Mboweni has described the company's equity stake in Liquid Telecom Holdings, which is just under 10% as "a US$135 million forex reserve".Speaking about the f...

By Staff reporter | Published: 23 December 2018


Mphoko shares not real: Choppies

BOTSWANA-based supermarket, Choppies, has threatened to revoke shares it gave to former Vice-President Phelekezela Mphoko and his son, Siqokoqela, as part of a scam to allow the retailer to comply wit...

By Staff reporter | Published: 11 December 2018


Zimbabwe army has shares in GDI

ZIMBABWE Mining Development Corporation (ZMDC) board chairperson Peter Chimboza on Monday disclosed to Parliament that the army has 30% shareholding in the Great Dyke Investment (GDI) mining company.C...

By Staff reporter | Published: 21 November 2018


Meikles challenges shares seizure

Meikles Limited has made a court application challenging the attachment of shares in several of its subsidiaries by the sheriff to settle a $1,5 million debt owed to a local consultancy firm.The liste...

By Staff reporter | Published: 20 November 2018


Foreign investors chase after Old Mutual shares

FOREIGN investors were net buyers of $13 million shares on the Zimbabwe Stock Exchange (ZSE) in June, with particular interest in Old Mutual Limited.According to figures from the ZSE, foreign purchase...

By Staff reporter | Published: 23 July 2018


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


Glencore shares rebound on $1bn buybacks

Glencore will buy back as much as $1bn of its shares, a move that may soothe investors' concerns after the world's top commodity trader was hit by a US Department of Justice probe earlier this week.Th...

By Bloomberg | Published: 05 July 2018


Juventus shares surging on Ronaldo rumour

Shares in Italy's most famous and most successful soccer team, Juventus, have jumped after rumors emerged that Real Madrid star Cristiano Ronaldo could make a summer move to Italy.A news story in O Jo...

By Business Insider | Published: 05 July 2018


Old Mutual liberalises B class shares

Insurance giant Old Mutual Zimbabwe has liberalised its B Class shares that were previously open to trading among locals as part of the company's indigenisation plan.In 2011, Old Mutual surrendered 25...

By Staff reporter | Published: 25 June 2018


Telecel saga continues, Makamba hangs to shares

A RENEWED ownership wrangle has erupted over the country's third-largest mobile network operator, Telecel Zimbabwe, following the return of self-exiled businessman and co-founder James Makamba after...

By Ngoni Shenjere | Published: 12 June 2018


Foreigners hunt OM, Econet shares on ZSE

FOREIGN investors were net buyers of $7,8 million worth of shares on the Zimbabwe Stock Exchange (ZSE) in April with particular interest in Old Mutual (OM) and Econet stocks.According to figures from ...

By Staff reporter | Published: 10 May 2018


Econet shares up 24.2% in week of frenzied buying

Shares of Econet have shot 24,2 percent in a week of frenzied buying, spurred by expectations of strong full-year earnings. The stock soared to 86 cents on April 17 from 70 cents a week earlier. It ro...

By Econet | Published: 20 April 2018


Moti Group agreeable to selling shares in Zim

SOUTH Africa's Moti Group will consider selling shares in its Zimbabwean chrome mining operations if Government pushes ahead with the proposal.Zimbabwean policymakers are debating a bill that will req...

By Bloomberg | Published: 17 April 2018


Zim to sell shares in parastatals as part of reforms

Zimbabwe is looking to sell shares in 35 state-owned firms, including telecoms and mining entities in the latest step to revive the economy under new political leadership, Finance Minister Patrick Chi...

By Reuters | Published: 13 April 2018


ZSE all-shares index in marginal gain

The Zimbabwe Stock Exchange All Shares index gained a marginal 0,78% in the week to close at 86,87 points on gains in selected heavyweights.The top 10 index then advanced 0,57% to settle at 85,21 poin...

By The Source | Published: 25 March 2018


Tussle for Telecel shares hots up

The ownership of mobile network operator Telecel Zimbabwe continues to hang in limbo amid indication a fresh and potentially bruising legal battle is now brewing within the company after businessman D...

By Staff reporetr | Published: 16 March 2018


MBCA Bank cedes shares to workers

MBCA Bank has ceded 7.5 percent shares to its workers through the Employee Share Ownership Scheme in line with the approved indigenisation plan.MBCA Bank chairman, Mr Vimbai Zireva, said this in a sta...

By Staff reporter | Published: 08 March 2018


SEED.zw | Increase in shares in issue

Details:- Shares before : 241 401 840- Shares added : 329 000- New shares in issue : 241 730 840- Effective date : 7 February 2018- Reason : Share Option Scheme...

By SEED | Published: 12 February 2018


DLTA.zw | Increase in shares in issue

Details:- Shares before : 1 254 512 503- Shares added : 294 100- New shares in issue : 1 254 806 603- Effective date : 7 February 2018- Reason : Share Option Scheme...

By DLTA | Published: 12 February 2018


AFDS.zw | Decrease in shares in issue

Details:- Shares before : 116 537 191- Shares cancelled : 535 214- New shares in issue : 116 001 977- Effective date : 7 February 2018- Reason : Reversal of Share Option Scheme...

By AFDS | Published: 12 February 2018

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