NetOne CEO makes US$1bn move

The US$1 billion will represent a massive rise in revenue over five years, from a projected US$160 million this year.
By Freeman Makopa Oct. 4, 2024

Zim annual inflation rate 538% in June: Old Mutual

The annual inflation rate provided by Old Mutual appears as local authorities ceased to report the annual inflation following the introduction of the Zimbabwe Gold (ZiG) currency on April 5 this year.
By Tatira Zwinoira Sep. 27, 2024

Traders see pain in Zimbabwe’s 28% stock surge and shaky ZiG

The ZiG, short for Zimbabwe Gold, which started trading at 13.56 at adoption now sells for 26 per dollar on the parallel market and 13.98 officially.
By Ray Ndlovu Sep. 22, 2024

ZSE outshines VFEX in wealth creation

Zimbabwe’s stock market has suffered from currency volatility and policy inconsistencies for a long time.
By Melody Chikono Sep. 22, 2024

Big lenders ride out economic storms

The government downgraded projected growth rates for the agricultural sector from an initial -4,9% to -21,2%.
By Mthandazo Nyoni Sep. 20, 2024

Ceteris Paribus: ZSE’s bullish streak stumbles as VFEX faces currency volatility

The ZSE’s performance in August was primarily impacted by policy uncertainties.
By Tinashe Duma Sep. 6, 2024

Major retailers’ debts push Lake Harvest into op crisis

This marked the beginning of a significant cash flow crunch since much of the debt was tied down in a few customers that included ZNA, OK, PnP and Spar
By Freeman Makopa Sep. 6, 2024

Bleeding fashion house faces US$1m financial black hole

The move aims to rescue three of the company’s major brands — Truworths, Topics Stores, and Number 1 Stores — as well as its manufacturing arm, Bravette Manufacturing Company.
By Blessed Ndlovu Aug. 30, 2024

ZSE boss reveals pension funds still cautious about REITs

This diversification can mitigate the impact of poor performance in any single property type or market segment.
By Lee Musaidzi Aug. 30, 2024