HARARE, October 2 (The Source) – The Zimbabwe Stock Exchange (ZSE) mainstream index grew more than double (113,5 percent) in the third quarter to September, reaching a new high of 418,39 points as demand for equities soared, particularly during September.
HARARE, October 2 (The Source) – Zimbabwe has suspended import duty on fertilized poultry eggs for a six month period in a bid to revive poultry production following successive outbreaks of Avian Influenza in the country Zimbabwe was hit by two outbreaks of the highly… Read More
HARARE, October 1 (The Source) – The ZSE industrial index advanced 14,29 percent to close the week on 418,39 points, pushed by significant gains in heavyweight counters while mining index also gained 22,98 percent to close on 122,57 points. Market capitalisation rose 14,4 percent in… Read More
HARARE, September 28 (The Source) – Fidelity Life Assurance’s after tax profit doubled to $1,98 million in the six months to June from $985,253 in the comparable period last year driven by investment income and cost containment. Revenue increased by 18 percent to $13,1 million… Read More
HARARE, September 27 (The Source) – The Zimbabwe Stock Exchange mainstream index on Wednesday advanced 3,68 percent to 404,37 points with gains across the board as appetite for stocks remained high. However, the mining index eased 0,37 percent to settle at 108,48 points. Market capitalisation… Read More
HARARE, September 26 (The Source) – The Zimbabwe Stock Exchange’s main industrial gained 2,25 percent on Tuesday to 390,01 points, buoyed by gains in heavyweights, Delta, Econet and Innscor. The mining index also gained 1,7 percent to close at 108,88 points. Market capitalisation stood at… Read More
HARARE, September 25 (The Source) – Old Mutual is trading three times higher on the Zimbabwe Stock Exchange compared to its primary listing on London Stock exchange (LSE), indicating that local assets are overvalued as punters seek to maximise value in Zimbabwe’s currency chaos.
HARARE, September 24 (The Source) – The ZSE industrial index eased 8,49 percent to close the week on 366,08 points, weighed down by significant losses in heavyweight counters despite a recovery on Friday.
HARARE, September 21 (The Source) – Zimbabwe’s maize producer price of $390 per tonne is too high and makes agriculture based commodities uncompetitive for export, Agriculture, Mechanisation and Irrigation Development deputy Minister responsible for Livestock Paddy Zhanda said on Thursday. “The price of maize of… Read More
HARARE, September 21 (The Source) – Zimbabwe Stock Exchange mainstream index shed 0,74 percent to 364,42 points on Thursday on profit-taking in some counters, while the resources index recorded a marginal 0,05 percent gain to 98,74 points.
By Matt E.T Matigari, September 21 (The Source) – Fool me once, shame on you, fool me twice, shame on me. So, what’s my point here? The point is we can’t be conned twice the same way in 10 years and blame the conmen. It… Read More
HARARE, September 20 (The Source) – Zimbabwe Stock Exchange mainstream index eased 1,13 percent to 367,13 points on Wednesday, extending its losses for the third day running.
HARARE, September 19 (The Source) – The Zimbabwe Stock Exchange (ZSE) on Tuesday eased for the second consecutive day, dropping 4,94 percent to 371,31 points as profit-taking took hold among punters.
HARARE, September 18 (The Source) – The Zimbabwe Stock Exchange is soaring, setting new records each day. Last week alone, the market capitalisation added $3,2 billion to $11,3 billion as demand for equities soared.
HARARE, September 17 (The Source) – The ZSE mainstream index rose 39,56 percent to close at 400,03 points with a lift from Delta, adding to the week’s record-setting performance.The market capitalisation increased by 39 percent to close at $11,3 billion from $8,12 billion in the… Read More