Phoenix shares suspended from trading on ZSE

By Chipo Musoko, HARARE, October 3 (The Source) – The Zimbabwe Stock Exchange (ZSE) on Thursday suspended Phoenix Consolidated Industries after the troubled plastic and steel company voluntarily applied for judicial management. “Phoenix Consolidated Industries Limited shares were suspended from trading with immediate effect after… Read More

Concern over Zimbabwe’s falling exports

HARARE, Sep 16 (The Source) – Zimbabwean exports to Mauritius are declining by $1 million annually while imports from Mauritius to Zimbabwe are increasing by the same amount every year, showing the collapse of the local industry’s productive capacity, an industry official said on Monday.… Read More