Finsec turnover down 86pct in January

HARARE, February 1 (The Source) – Zimbabwe’s alternative trading platform (ATP), Financial Securities (Finsec) recorded an 86 percent decline in turnover for January from $553,589 in December to $75,883 as analysts decry lack of investment alternatives on a market that has one company listed. The… Read More

Old Mutual Zim declares $17mln dividends

HARARE, April 23 (The Source) – Old Mutual Zimbabwe Limited (OMZL) shareholders on Wednesday approved payment of dividends amounting to $17,4 million for the year ended 31 December 2013, after a 7 percent jump in operating profit. The figure includes a $7.4 million dividend to holders… Read More