ZSE market cap nears $9 bln

HARARE, September 12 (The Source) – Zimbabwe’s stock exchange market capitalization on Tuesday peaked at $8,9 billion, the highest since dollarisation, as the bourse continues on a bull run which has seen it reach record levels. The industrial index advanced 4,67 percent to reach 315,1… Read More

ZSE reaches new high in August

HARARE, September 4 (The Source) – The Zimbabwe Stock Exchange industrial index advanced 15,64 percent in August to 235,03 points, the highest since dollarisation, driven by the gains in all heavyweights. The mining index was up 5,8 percent to close at 73,47 points, its highest… Read More

ZSE bullrun slows

HARARE, July 14 (The Source) – The Zimbabwe Stock Exchange industrial index advanced 0,24 percent to close the week on 198,41 points, driven by slight gains in some heavyweight counters. The mining index eased 1,13 percent to settle at 69,19 points. Market capitalisation increased by… Read More

ZSE run continues

HARARE, June 25 (The Source) – The ZImbabwe Stock Exchange’s main industrial index advanced 0,57 percent to close the week on 191,15 points, pushed by slight gains in heavyweight counters.  The while the mining index was also in the black, gaining 0,23 percent to settle… Read More

Ok Zimbabwe CE Zireva retires

HARARE, Feb 1 (The Source) – OK Zimbabwe, the country’s largest retail group, has announced the retirement of long-serving chief executive Willard Zireva. In a Zimbabwe Stock Exchange (ZSE) filing on Wednesday, OK Zimbabwe said Zireva would leave the company at the end of March.… Read More

ZSE orders Econet to postpone EGM

HARARE, Feb 1 (The Source) – Econet Wireless Zimbabwe’s extraordinary general meeting, slated for Friday to consider a proposed $130 million capital raise, has been postponed indefinitely, the Zimbabwe Stock Exchange (ZSE) has said. Econet’s capital call has generated some controversy largely due to its… Read More

Mid-caps drive ZSE gains

HARARE, January 13 (The Source) – The Zimbabwe Stock Exchange industrial index gained 0,59 percent to close at 146,21 points for the week, buoyed by midcaps but the mining index remained flat at 58,51 points. Delta gained 2,21 percent to close at 92 cents while… Read More