Caledonia declares quarterly dividend

Harare, January 7 (The Source) – Toronto Stock Exchange-listed mining company, Caledonia Mining Corporation  has declared a dividend of one and half cents ($0.015) for the first quarter to January, according to a statement issued by the company on Tuesday. The mining company owns a… Read More

BAT, TSL gains shore up ZSE

HARARE, January 7 (The Source) – The industrial index on Tuesday recovered 0.98 points to close at 201.52 points, breaking the sequence of losses since the beginning of the year. Among the gainers were BAT, which advanced 79 cents to 1,280 cents on the sale… Read More

BAT, TSL top ZSE performers in 2013

HARARE, January 6 (The Source) – Strong international prices and increased Chinese demand for Zimbabwean tobacco lifted cigarette manufacturer, BAT Zimbabwe and tobacco processor, TSL to top performances on the Zimbabwe Stock Exchange in 2013, a trend likely to be repeated this year, analysts have said.… Read More

ZSE rebounds on post-budget gains

HARARE, December 20 (The Source) – The stock market closed the week solidly, with the industrial index gaining 3.12 points to end the week at 201.98 points in the first trade following the announcement of the 2014 budget. Positive trades in heavyweights, Delta, Innscor and… Read More

ZSE remains bearish

HARARE, December 18 (The Source) – The industrial index remained bearish for the third day this week after losing 0.50 points to close at 199.59 points as the market seeks direction from the 2014 budget to be presented on Thursday. There were no positive trades as investors… Read More

ZSE slips on Delta loss

HARARE, December 13 (The Source) – The stock market closed the week bearish, with the main industrial index retreating 3.20 points to 204.12 points on the back of negative trades in heavyweights,  Delta and Innscor. The beverage maker shed five cents to 140 cents with… Read More