Capital & Money Markets

Econet posts stellar $600m HY revenue

November 11, 2018 Staff Reporter 0

ECONET Wireless Zimbabwe Limited (EWZL) has announced a $600 million half-year revenue to August 31, 2018, up from $353 million in the same period last year, buoyed by a strong performance by its ‘SmarTech’ business […]

Capital & Money Markets

ZSE suspends Hwange

November 5, 2018 Staff Reporter 0

The Zimbabwe Stock Exchange (ZSE) has suspended coal miner, Hwange Colliery Company Limited from the local bourse following its placement under administration. The suspension is with effect from November 2, 2018. ZSE acting chief executive […]

Capital & Money Markets

ZSE offers relief from volatility

November 4, 2018 Staff Reporter 0

The Zimbabwe Stock Exchange’s market value soared US$6 billion in October after shares hit new highs on the back of rising foreign exchange rates and inflation volatility. All of the ZSE market indicators closed the […]

Capital & Money Markets

Listed firms fret

October 27, 2018 Staff Reporter 0

The lifting of restrictions on imports will ease shortages of key foodstuffs and other commodities, but some local manufacturers might take a hit. Publicly traded makers of consumer goods such as National Foods, Hippo Valley, […]

Capital & Money Markets

Stock Market Weekly Review

October 26, 2018 Staff Reporter 0

Stocks traded mixed closing the week to Wednesday with marginal gains as three of the four indices closed in the positive reversing prior week’s losses. This comes amid the suspension of Statutory Instrument 122 of […]

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