Seczim bemoans high operating costs for asset managers
The Financial Securities Exchange recorded trades worth ZWG889,125 while the Victoria Falls Stock Exchange saw 3,028 trades amounting to US$10,07 million.
By Melody Chikono
Sep. 16, 2024
Smartvest on the market to raise US$10 million
The Securities and Exchange Commission of Zimbabwe recently approved SHIFs’ listing on the Financial Securities Exchange (Finsec) Mutual Funds Board.
By Melody Chikono
Sep. 15, 2024
African Sun group agrees to dispose non-core assets
African Sun also wholly owns Dawn Properties, which is a property-owning company, after buying out minority shareholders in 2021.
By Rufaro Hozheri
Sep. 13, 2024
Cambria Africa seeks shareholder approval to delist on London AIM market
While it has a positive cash flow in Zimbabwe, its earnings from loan management and payroll operations have been significantly impacted by the depreciation of the local currency.
By Melody Chikono
Sep. 12, 2024
Zim platinum output to remain stable
This is coming at a time when the Exchange Traded Funds (ETFs) holdings are expected to remain net positive while Chinese large bar sales are seen growing.
By Melody Chikono
Sep. 11, 2024
Ceteris Paribus: ZSE’s bullish streak stumbles as VFEX faces currency volatility
The ZSE’s performance in August was primarily impacted by policy uncertainties.
By Tinashe Duma
Sep. 6, 2024
Major retailers’ debts push Lake Harvest into op crisis
This marked the beginning of a significant cash flow crunch since much of the debt was tied down in a few customers that included ZNA, OK, PnP and Spar
By Freeman Makopa
Sep. 6, 2024
Bleeding fashion house faces US$1m financial black hole
The move aims to rescue three of the company’s major brands — Truworths, Topics Stores, and Number 1 Stores — as well as its manufacturing arm, Bravette Manufacturing Company.
By Blessed Ndlovu
Aug. 30, 2024
ZSE boss reveals pension funds still cautious about REITs
This diversification can mitigate the impact of poor performance in any single property type or market segment.
By Lee Musaidzi
Aug. 30, 2024
