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