EDGARS Stores’ (Edgars) share price was up by 14,7 percent last Friday following the retailer’s announcement of its intention to delist from the Zimbabwe Stock Exchange (ZSE) and relist on …
finance
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Companies & Markets
StarAfrica secures alternative raw sugar supplier
by Almot Maqolo, Staff Writer 0 minutes readSTARAFRICA Corporation (StarAfrica) says its going concern was momentarily hampered by the spike in pricing by the company’s sole supplier of raw sugar but rectified the situation by securing a …
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THE CEO Africa Roundtable has highlighted the need for rectification of the complex monetary system in Zimbabwe to facilitate the opening of the credit market and provision of long-term funding.Advertisements
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Companies & Markets
Fastjet promotes Zimbabwe’s ‘hidden gems’
by Mishma Chakanyuka, Staff Writer 0 minutes readFASTJET Zimbabwe this week launched its “Amazing Zimbabwe” marketing campaign, which focuses on promoting the lesser-known attractions of the country.Advertisements
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Companies & Markets
El Niño: TSL eyes imports via ZMX
by Mishma Chakanyuka, Staff Writer 0 minutes readTSL is engaging other African commodity exchanges, through the Zimbabwe Mercantile Exchange (ZMX), to secure imports ahead of anticipated crop shortfalls from the El Niño weather pattern.Advertisements
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MUTAPA Investment Fund (Mutapa) is evaluating an investment in Tongaat Hulett (Tongaat) alongside Vision Consortium (Vision), officials say.Advertisements
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SEVERAL companies listed on the Zimbabwe Stock Exchange (ZSE) have refrained from declaring their half-year dividends, citing economic uncertainty and the necessity to conserve cash.Advertisements
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THE Cotton Company of Zimbabwe (Cottco) is expecting to break even in its financial performance for the year ended March 31, 2024 in US dollar terms buoyed by the improved …
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Companies & Markets
Premier expands to tantalum market
by Paul Nyakazeya, Group Digital Editor 0 minutes readPREMIER African Minerals (Premier) says it sees promising developments in the tantalum market and aims to strategically position itself to benefit from them.Advertisements
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THE Securities and Exchange Commission of Zimbabwe (SecZim) has implemented deterrent measures and moral suasion to stem the tide of Zimbabwe Stock Exchange (ZSE)-listed companies migrating en masse to the …