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
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
Goat thief jailed for 28 years
Samuel Chirambadeya pleaded guilty to stocktheft charges before magistrate Henry Sande and was sentenced to 18 months behind bars.
By Simbarashe Sithole
Sep. 1, 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
Powerspeed to consolidate shares
In a statement, Powerspeed said shareholders would have an option to be paid cash for fractional shares or to top up the difference to get a full share.
By Business Reporter
Aug. 27, 2024
Using expert advisors to trade on markets
Several professional traders have found EAs to be of benefit. EAs are programmed to work in multiple ways.
By Batanai Matsika
Aug. 16, 2024