VFEX to replicate Dubai Gold and Commodities Exchange
The Victoria Falls Stock Exchange (VFEX) has signed a Memorandum of Understanding (MOU) with the Dubai Gold and Commodities Exchange (DGCX) as the two seek to strengthen bilateral cooperation and exchange knowledge around commodities trading.
ZimTrade seeks increased horticulture exports
Zimbabwe’s trade development and promotion agency, ZimTrade, says the participation of local exporters at the ongoing Macfrut 2021 in Italy, is expected to unlock export opportunities for horticultural produces into the European country.
Mimosa PGM output increases
PLATINUM group metals (PGM) production at Mimosa Mining Company increased by one percent to 60 714 ounces during the six months’ period to June 30, 2021, largely driven by continuous investments into operations.
Local hotel marks 5th anniversary
THE US$12 million Matetsi Victoria Falls Hotel on the edge of Zambezi River celebrated its 5th anniversary yesterday with a pass out parade of 18 game scouts as the facility invests in conservation as one of the key pillars for sustainable tourism.
Simbisa Brands opens Redcliff branch
FAST-FOOD services provider, Simbisa Brands, has opened a new branch in Redcliff as part of a business expansion drive.
Zim, Rwanda collaborate on infrastructure projects
A ZIMBABWEAN delegation led by Transport and Infrastructural Development Minister Felix Mhona is in Kigali, Rwanda to enhance co-operation on infrastructure development, leveraging on the existing bilateral relations between the two countries.
Industry welcomes more trading hours
The Confederation of Zimbabwe Industries (CZI) has said the relaxation of lockdown regulations under the reviewed Covid 19 level 2 restrictions, will allow business to sustain gains that had been achieved under strict restrictions.
RBZ reopens $1,55 bln two-year Treasury Bond
THE Reserve Bank of Zimbabwe (RBZ) says it has reopened the $1,55 billion two-year Treasury Bond (TB) after receiving requests from some interested investors while the instrument will now be closed after every two weeks.
ZSE introduces Odd Lot Board
The Zimbabwe Stock Exchange (ZSE) has introduced the Odd Lot Board to the market as part of its initiatives to enhance participation of retail investors and boost their financial inclusion on capital markets.
Cassava records impressive revenue performance
Technology firm, Cassava Smartech Zimbabwe Limited, trading as Ecocash Holdings Limited says the improvements in transactional activity buoyed its revenue performance for the quarter to August 31, 2021 that was 70 percent ahead of same period last year.











