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ZSE closes week positive
The industrial index closed the week higher at 139.71 points after putting on 0.13%.
RBZ set to close undercapitalised banks
Reserve Bank of Zimbabwe (RBZ) says five local banks may face closure if they fail to regularise their minimum capital requirements.
ZSE opens week on up trend
The industrial index closed at 137.64 points ending the seven days losing streak after gaining 0.31%.
ZSE continues on dowtrend
The Zimbabwe Stock Exchange industrial index closed lower for the seventh consecutive day at 137.22 points after easing 0.41%.
Kingdom Bank recapitalised
Mauritius-based financial services group AfrAsia Bank Limited has reached an agreement Kingodm Financial Holdings Limited (Kingdom) to take up 35 percent equity in the gr...
Last Updated ( Thursday, 26 January 2012 13:14 )
Windmill put up for sale
Zimbabwe Stock Exchange listed,CFI Holdings Limited has started negotiations with potential investors to take up stakes in two of its subsidiaries, Victoria Foods and Cre...
Zim proposes hefty mining fees
The Zimbabwe government has proposed hefty registration, rental and licence fees for mining sector.
Zimplats workers strike
Zimbabwe Platinum Mines (Zimplats) workers on Fridays striked over the refusal by the company to pay utilities bills for employees housing units.
Zim tycoon Masiyiwa appointed to Hilton Foundation board
Telecoms tycoon, Strive Masiyiwa has been appointed a jury of the Conrad N.Hilton Foundation.
Aico renews cautionary
Zimbabwe Stock Exchange listed, Aico Africa Ltd has renewed a cautionary statement to its shareholders.
Small scale miners' output slumps
The African Development Bank (AFDB) says small scale miners’ contribution to Zimbabwe’s gold output declined by 6 % in the month of November,2011.
Lonrho on course to revive African saga
Geoffrey White spends three weeks of every month jetting across sub-Saharan Africa to check investments ranging from nectarine farms in Zimbabwe to a luxury hotel in the ...
Hwange drives ZSE resources index
The Zimbabwe Stock Exchange (ZSE) mining index rallied 24% to close yesterday’s trade at 100,70 points on the back of gains by coal miner ,Hwange Colliery.
Dawn turnover up 25%
DAWN properties Limited has recorded $774 000 profit before tax in the first six months to September 2011 whilst turnover for the period went up 25 percent ahead of prior...
Zim faces increased power demand in 2012
Zimbabwe Electricity Transmission and Distribution Company (ZETDC) says power demand is the country is expected to increase significantly in 2012 a result of projected gr...
Caledonia to meet govt over indigenisation
Caledonia Mining Corporation (Caledonia), plans to meet Zimbabwe’s empowerment body National Indigenisation and Economic Empowerment Board to discuss the foreign-...
Interfresh to dispose HQ
Interfresh is seeking shareholder approval to dispose of its Head Office in Graniteside for $5,8 million of which funds raised would be channelled towards settling ...
Meikles turns Jaggers to PnP
Meikles turns Jaggers to PnP_Meikles Limited is set to open its first Pick n Pay mega store at the former Jaggers site in Msasa during the first half of its next fi...
Celsys in $1 million loss
CELSYS Limited has announced a $1 million loss for the half year to August 2011, compared to $1,4 million prior year.
ZSE remains depressed - AfDB
Zimbabwe's stock market remained on the down trend in October, the African Development Bank (AfDB) says.
2012 national budget highlights
FINANCE Minister Tendai Biti yesterday presented a $3.4 billion 2012 national budget. The following are the highlights.
Last Updated ( Friday, 25 November 2011 12:01 )
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