ZSE turnover recovers, hits $3.1 million

HARARE, July 28 (The Source) – The Zimbabwe Stock Exchange’s main index closed 0.76 percent up at 99.64 points on Thursday, as heavyweights Delta, Old Mutual and Axia traded positively, with turnover reaching $3.1 million. Thursday’s daily turnover is significant, considering the market’s forgettable Tuesday,… Read More

IDC seeks $100mln seed capital

HARARE, July 17 (The Source) – The Industrial Development Corporation of Zimbabwe (IDC) is seeking $100 million in seed capital to finance industrial projects, an official said on Thursday. Industry and Commerce ministry deputy director Percy Takavarasha told delegates attending a youth conference in the… Read More

CABS to rebrand, refurbish branches

HARARE, July 8 (The Source) – Zimbabwe’s biggest mortgage lender, Central African Building Society (CABS), is set to rebrand and refurbish its branches this month to improve service, a company official said. “We are in the final stages of preparing to rebrand our corporate identity… Read More