HARARE, November 16 (The Source) – The Zimbabwe Stock Exchange mainstream index crashed on Thursday, dropping 7,46 percent to 487,93 points while the market saw its market value falling by $1 billion as political tensions remain high after a military takeover of the country.
HARARE, November 13 (The Source) – The Zimbabwe Stock Exchange industrial opened the week higher, advancing 0,12 percent to settle at 532,17 points while the mining index remained flat at 138,12 points.
HARARE, November 9 (The Source) – The Zimbabwe Stock Exchange industrial index gained 0,59 percent to 533,2 points on Thursday while the mining index advanced 1,89 percent to 137,94 points powered by RioZim.
HARARE, November 8 (The Source) – With the country in the midst of a political drama that saw Emmerson Mnangagwa axed as vice president on Monday and adding to the political uncertainty, the stock market stretched gains to a new high on Wednesday.
HARARE, November 7 (The Source) – The Zimbabwe Stock Exchange (ZSE) market capitalisation hit $15 billion mark on Tuesday for the first time ever, as stocks continue to rally on the local bourse.
HARARE, November 6 (The Source) – In 2008 at the height of the global economic crisis which followed the collapse of the United States based financial group, Lehman Brothers, a white paper challenging the traditional system of global payments was making rounds in the underground… Read More
By Ibrahim Assane Mayaki, JOHANNESBURG – As the US Federal Reserve embarks on the “great unwinding” of the stimulus program it began nearly a decade ago, emerging economies are growing anxious that a stronger dollar will adversely affect their ability to service dollar-denominated debt.
HARARE, November 5 (The Source) – The Zimbabwe Stock Exchange (ZSE) industrial index gained 2.2 percent to 525,63 points after a recovery in some heavyweight counters.The mining index also gained 2,37 percent to close at 140,5 points. Market capitalisation increased by 2,25 percent in the… Read More
HARARE, November 1 (The Source) – Chinese telecoms giant ZTE says it intends to expand its footprint in Zimbabwe’s information technology and communication (ICT) sector with plans to invest in 4G and 5G technology.
HARARE, October 29 (The Source) – Profit-taking in selected counters saw the Zimbabwe Stock Exchange’s main industrial index lost 0,66 percent to close the week on 514,3 points, on losses in selected heavyweight counters.The mining index however gained 6,5 percent to close at 137,25 points,… Read More
HARARE, October 25 (The Source) – The Zimbabwe Stock Exchange eased for the third day in a row on Wednesday, dropping 0,11 percent to settle at 515,32 points while the mining index advanced 4,30 percent to 136,72 points. Market capitalisation stood at $14,6 billion while… Read More
HARARE, October 23 (The Source) The Zimbabwe Stock Exchange opened the week in the red ,shedding 0,23 percent to settle at 516,54 points weighed down by losses in Delta, Econet and Innscor while the mining index added 0,68 percent to settle at 129,75 points.
HARARE, October 19 (The Source) – The Zimbabwe Stock Exchange mainstream index on Thursday recovered 0,25 percent to 517,23 points but the mining index continued to slip, coming off by 3,81 percent to 128,05 points.
HARARE, October 18 (The Source) – The Zimbabwe Stock Exchange’s mainstream index closed in the red for the first time in 18 days on Wednesday, shedding 0,21 percent to 515,95 points on Wednesday.
HARARE, October 15 (The Source) – Local investors reacted to a Cabinet reshuffle in the week by piling onto the stock market, leading to the mainstream index hitting another record setting level of 505,32 on Friday.As President Robert Mugabe has shown time and again, he… Read More