CFI Holdings drama tests ZSE authority

By Simbarashe Zishiri, HARARE, July 31 (The Source) – The Zimbabwe Stock Exchange is struggling to bring order to the bourse after gloves came off in the fight for control of agro-industrial group, CFI Holdings pitting British tycoon Nicholas Van Hoogstraten’s Messina Investments and Zimre’s… Read More

ZSE wades into fight for control of CFI

HARARE, July 28 (The Source) – The fight for the control of agro-industrial group, CFI Holdings took a new twist on Friday with the Zimbabwe Stock Exchange (ZSE) saying it was not informed that Messina Investments had passed the 35 percent shareholding threshold which compels… Read More

ZSE top performing bourse in the region

HARARE, July 20 (The Source) – The Zimbabwe Stock Exchange (ZSE) has outperformed its regional bourses in the year to date as locals sought to cover in equities from a currency crisis, with both the industrial and mining index advancing 100,54 percent and 179,13 percent… Read More

ZSE momentum slows

HARARE, July 7 (The Source) – The Zimbabwe Stock Exchange industrial index advanced one percent to close the week on 197,93 points, driven by slight gains in some heavyweight counters.

ZSE main index up 36pct in H1

HARARE, July 3 (The Source) – The Zimbabwe industrial index advanced 35,6 percent in the six months to June, as investors sought to escape poor returns on the money market and the possible impact of the country’s bond note surrogate currency.   All heavyweight counters… Read More

Gains in blue chips drive ZSE

HARARE, June 16 (The Source) – The Zimbabwe Stock Exchange’s main industrials index advanced 6,91 percent to close the week on 190,07 points, pushed by gains in heavyweight counters. The mining index remained unchanged this week at 69.63 points. Market capitalisation increased by 6,47 percent… Read More

ZSE market capitalisation hits $5bln

HARARE, June 6 (The Source) – The Zimbabwe Stock Exchange’s market capitalisation reached $5 billion on Tuesday after the industrial index rallied by  0,65 percent to close at 171,48 points, its highest since September 30, 2014. Historically, the local bourse reached a peak market capitalisation… Read More