Zimbabwe Stock Exchange (ZSE) and the Victoria Falls Stock Exchange (VFEX)-listed firms are going to leverage on the country’s improved business environment to increase revenue and volumes in the short-term despite disruptions and threats still posed by the Covid-19 pandemic.
According to a set of recent trading updates, the companies said they were cautiously optimistic of a sustained improvement in major macroeconomic fundamentals into December and first quarter of next year, with hopes pinned on better access to foreign currency and a good agricultural season.
Mashonaland Holdings (Masholds) said the real estate occupier market was expected to improve, benefiting from Zimbabwe’s positive economic growth projections, which officials pegged at 7,8 percent thi
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