The Securities and Exchange Commission of Zimbabwe says it will undertake an audit of all transaction inflows on dual listed shares that were consummated with effect from June 1, 2019. This comes amid...
GOVERNMENT has introduced a Reuters system for foreign currency trading which allows banks to trade freely as a way of stabilising the exchange rate as well as bringing down inflation to sustainable l...
THE Reserve Bank of Zimbabwe (RBZ) has scrapped the US$10 000 daily trading limit for bureaux de change and the 2,5 percent maximum profit margin for banks, in a bid to make the interbank forex market...
The company delivered a strong performance in 2018 achieving revenues of $34.3 million which was 27% above the prior year despite an increasingly challenging economic climate. This performance w...
ZIMBABWE's persistent trade deficit has been magnified by unstated foreign trade activity, the country's national statistical agency has said.In recent years, the southern African country has run syst...
WITH just five months to go to a crucial congress, MDC leader Nelson Chamisa and his main internal rival, secretary-general Douglas Mwonzora, are trading blows in an unpredictable, bruising fight to w...
Zimbabwe has broken new ground by becoming the first nation in Southern Africa to launch an online trading platform ‘C-Trade' for the capital markets, setting a new path to attracting further invest...
Chengetedzai Depository Company is mulling introducing turnaround trading to attract the interest of a different profile of investors.Chengetedzai chief executive officer Campbell Musiwa said the cent...
The mobile trading of securities will begin on July 4, a move which will result in convenience in the buying and selling of shares listed on the Zimbabwe Stock Exchange.This is being spearheaded by ca...
OLD Mutual Limited shares closed at 450 cents on Tuesday, the stock's first day of trading on the Zimbabwe Stock Exchange (ZSE).Trading in the stock, which represents a relisting of Old Mutual plc fol...
MOBILE trading in securities on the country's major exchanges, the Zimbabwe Stock Exchange (ZSE) and Financial Securities Exchange (FINSEC), is set to commence by month end.Eliah Sarayi, spokesperson ...
The ZSE advises that the trading hours will the extended by a further two and a half hours with effect from 1 July 2018. The extension will result in changes to the delivery time of market data report...
Golix has advised their clients not to deposit any money into their accounts as the cryptocurrency exchange battles for survival following an onslaught on virtual currencies by the Reserve Bank of Zim...
THE Reserve Bank of Zimbabwe (RBZ) has ordered all financial institutions in the country to immediately stop trading or transacting in cryptocurrencies.RBZ registrar of banking institutions, Norman Ma...
The Reserve Bank of Zimbabwe has, in the interest of public trust in the financial system, banned local banks from trading in crypto currency.The central bank issued local banks with a 60 days ultimat...
THE African Development Bank (AfDB) has signed a $200 million loan agreement for a soft commodity finance facility with the Export Trading Group to support agriculture on the continent.AfDB said the f...
STATEMENT BY THE ZIMBABWE STOCK EXCHANGE ON SUSPENSION FROM TRADING OF CFI HOLDINGS LIMITED ("the Company")The Zimbabwe Stock Exchange ("ZSE") hereby notifies the investing public of the suspension fr...
Delta Corporation Limited issued the following trading update:The Company today issues the following update for the third quarter and nine months ended 31 December 2017. The period was characterised b...
Delta Corporation Limited issued the following trading update: "The Company today issues the following update for the third quarter and nine months ended 31 December 2017. The period was characte...
Details:The Company has issued an update for the second quarter and half year ended 30 September 2017. The trading environment continues to be impacted by the prevailing transactional challenges chara...
THE Zimbabwe Stock Exchange plans to introduce a mobile share trading platform before the end of the year to allow potential and existing investors easy access to stock markets.As part of efforts to m...
Running a start-up SME business is often a very difficult and tricky affair.Emerging entrepreneurs face myriad challenges, which range from the first stages of coming up with a profitable business mod...
Johan Claassen, interim CEO said: "Our focus is firmly on delivering improved profitability and liquidity in the shorter term while our longer term strategy remains unchanged. More specifically, we wi...
Delta Corporation Limited issued the following trading update:"The company today issues the following trading update for the first quarter ended 30 June 2017.We report a positive volume outturn which ...
Delta Corporation Limited issued the following trading update:"The 4th quarter recorded a particularly depressed volume and revenue outturn. In addition to the constrained aggregate demand, the outtur...