Delta buys Zambia’s National Breweries

HARARE, October 13 (The Source) – Listed beverages manufacturer Delta Corporation, (Delta), says it is set to acquire a controlling stake in Lusaka Stock Exchange-listed sorghum beer company, National Breweries Plc (NatBrew), from its parent firm, Anheuser-Busch InBev SA/NV (AB InBev).Company secretary Alex Makamure said… Read More

Heavyweights buoy ZSE

HARARE, October 4 (The Source) – The Zimbabwe Stock Exchange on Wednesday advanced 1,27 percent to 432,96 points while the mining index gained 0,82 percent to 140,71 points on heavyweights. Market capitalisation reached $12,2 billion while market turnover amounted to $3,6 million. Delta gained 0,22… Read More

ZSE market cap nears $9 bln

HARARE, September 12 (The Source) – Zimbabwe’s stock exchange market capitalization on Tuesday peaked at $8,9 billion, the highest since dollarisation, as the bourse continues on a bull run which has seen it reach record levels. The industrial index advanced 4,67 percent to reach 315,1… Read More