Trust delists, ZSE recovers

HARARE, November 20 (The Source) – The Zimbabwe Stock Exchange on Wednesday delisted Trust Holdings for failing to meet listing requirements. The financial institution applied for voluntary suspension in May this year after it failed to release financial results for the year ending December 31,… Read More

ZSE ends bullish run

HARARE, November 19 (The Source) – The industrial index was bearish on Tuesday, shedding 0.09 points to close at 217.18 points after losses on several mid cap counters. Losses were recorded in Dairibord, Innscor and Lafarge which retreated a cent each to trade at 18 cents,… Read More

KFC returns to Zimbabwe

By Onai Paswani-Abote, HARARE, November 19 (The Source) – KFC, an international fast food franchise with a presence in more than 80 countries, will make a return to Zimbabwe with the opening of an outlet in Harare on 15 December after two Zimbabwean businessmen acquired… Read More

ZSE starts week on a high

HARARE, November 18 (The Source) – The stock market began the week on a high note with the main industrial index adding 1.04 points to close at 217.27 points. Big cap counter Delta piled on 2.50 cents to 150.50 cents, continuing on the previous week’s… Read More

Munyeza acquires Mugg & Bean franchise

By Onai Paswani Abote, HARARE, November 17 (The Source) – Hospitality group African Sun’s chief executive Shingi Munyeza has acquired the franchise for South African food outlet, Mugg & Bean for the Zimbabwean market. Munyeza told The Source that he acquired the franchise for the… Read More