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

Top stocks fuelling ZSE bull run

HARARE, November 25 (The Source) – Local investors are taking refuge in local stocks ahead of the central bank’s introduction of bond notes, a token currency that will trade a par with the greenback. Analysts say bargain hunters are targeting large corporations with prospects of… Read More