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Gvt sets soya bean price at $610 per tonne

August 22nd, 2017|Comments Off on Gvt sets soya bean price at $610 per tonne

Government has set the price for soya beans to be financed under the Presidential Input Scheme during 2017 /18 season at $610 per tonne, 22% higher than the prevailing market price to encourage production of

Bakers Inn opens new bakery in Bulawayo

August 21st, 2017|Comments Off on Bakers Inn opens new bakery in Bulawayo

Bakers Inn on Friday opened a half-a-million dollar bakery which will increase daily production output to 220 000 loaves per day from 120 000. Innscor chairperson Addington Chinake said the new production line at Belmont

Dairibord interims results

August 11th, 2017|Comments Off on Dairibord interims results

Dairibord Holdings reported its results for the half year ended June 30, 2017 showing reduced losses from what was recorded prior year comparative. The food and beverages company reported a loss of $845,313 for the period

FML publish circular to acquire NicozDiamond

August 10th, 2017|Comments Off on FML publish circular to acquire NicozDiamond

First Mutual has published a circular to shareholders with regards its plans to acquire the entire issued share capital of NicozDiamond Insurance Limited.  FML also plans to raise $17.25 million through a rights offer of

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0808, 2017

ZSE continues on an upward trajectory

August 8th, 2017|Comments Off on ZSE continues on an upward trajectory

The ZSE continued with its upward trend  adding 0.52% to close at 208.90. The mining index was flat at 73.92. YTD the main industrials index has gained 44.54%. Turnover for the day was much improved

2706, 2017

ZSE positive run continues

June 27th, 2017|Comments Off on ZSE positive run continues

2606, 2017

ZSE opens week positive with a 0.98% gain

June 26th, 2017|Comments Off on ZSE opens week positive with a 0.98% gain

ZSE opens week positive with the main Industrials Index recording a  0.98% gain to close at 193.02 points. Turnover for the day was healthy at $1.939 million with the bulk of $805,000 going into Delta.

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2402, 2017

2017 Economic Outlook

February 24th, 2017|Comments Off on 2017 Economic Outlook

2017 Economic Outlook 2016 review: The ZSE’s mainstream Industrials Index ended the year 2016 with a 25.84% gain to 144.53 spurred by fourth quarter gains. At the end of the third quarter, the Industrials had

2602, 2016

CBZ reports plausible FY15 results

February 26th, 2016|Comments Off on CBZ reports plausible FY15 results

CBZ reports plausible FY15 results CBZ released FY15 results that were largely in line with management’s forecasts. At the half year presentation management predicted total assets growth of 18% and managed to grow them by

0302, 2016

Investor Alert : TSL FY15 Results Update

February 3rd, 2016|Comments Off on Investor Alert : TSL FY15 Results Update

Steady set of results. For FY15 TSL delivered a steady set of results with revenue increasing marginally to $48.6 million while profit for the period was down 15.89% to $4.2 million. The logistics businesses contributed positively to

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Foreigners stick it out on the ZSE

May 8th, 2014|Comments Off on Foreigners stick it out on the ZSE

The Zimbabwe Stock Exchange trades were skewed negatively for much of the first quarter as fundamentals remained weak to negative. The country’s economy is weakening by the day amid reports that companies are closing shop,

Is QE3 on the horizon?

February 7th, 2012|Comments Off on Is QE3 on the horizon?

The US economy continues to show signs of recovery, and this bodes well for emerging and frontier markets. Federal Reserve Chairman Ben Bernanke announced this week that the central bank was willing to provide a

Dangerously high interest rates

January 31st, 2012|Comments Off on Dangerously high interest rates

The risk to banks when they increase lending rates but maintain a short tenure for repayment, is to place the companies they lend to under greater strain. There must be a tipping point when an

Q3 review, and the growing preference for small caps

October 18th, 2011|Comments Off on Q3 review, and the growing preference for small caps

[imageframe lightbox="no" style="none" bordercolor="" bordersize="0px" stylecolor="" align="left" animation_type="0" animation_direction="down" animation_speed="0.1"][/imageframe] The just-ended third quarter has been a rough ride for investors on the ZSE, as well as stock markets globally. A number of analysts have