ZSE delists Bridgefort Capital
Business Writer The Zimbabwe Stock Exchange (ZSE) has delisted Bridgefort Capital after the company applied for voluntary termination of the listing of its Class A and Class B preferred shares.…
First Capital posts robust results
Tapiwanashe Mangwiro First Capital Bank has reported a robust set of financial results for the third quarter ending September 30, 2024, with operating income surging 25 percent year-on-year to US$57…
Sasai money transfer introduces funeral cover for agents in South Africa
Own Correspondent Sasai Money Transfer, a business of Cassava Technologies and a leading international money transfer operator, has launched an innovative funeral cover product designed specifically for its Money Transfer…
High Court delivers sweet judgement for sugarcane farmers
Business Writer Sugarcane farmers have welcomed the High Court judgement upholding the Government’s recent decision on how to divide revenue with sugarcane millers. Hippo Valley Estates and Triangle Limited, subsidiaries…
Zimbabwe’s economy contracts in Q2 2024
Business Writer The second quarter of 2024 painted a grim picture for Zimbabwe’s economy, as the country grappled with a decline in Gross Domestic Product (GDP). This contraction, estimated at…
Seed processor SeedCo International projects improved earnings per share
Nelson Gahadza One of hybrid seed producers, SeedCo International, says it anticipates interim earnings per share (EPS) for the half-year period to September 30, 2024, to improve by approximately 20…
ZSE gains amid mixed trading; Meikles halted over governance concerns
Tapiwanashe Mangwiro The Zimbabwe Stock Exchange (ZSE) began the week on a positive note, with the All Share Index advancing by 1.98 points (0.73 percent) to close at 274.59 points…
Contango raises red flag on Muchesu operations
Nqobile Bhebhe CONTANGO Holdings, a natural resource development company operating coal projects in Binga, Matabeleland North Province, has indicated that the success of development and production activities at Muchesu cannot…
ZSE halts trading of Meikles shares
Business Writer The Zimbabwe Stock Exchange (ZSE) has halted trading in Meikles Limited shares with immediate effect. The halt will remain in place until further notice, Justin Bgoni, the ZSE…
Zimbabwe’s debt clearance strategy now clear, Dr Adesina
Nelson Gahadza The African Development Bank (AFDB) says the Zimbabwe Arrears Clearance and Debt Resolution process now has a clear path that will start next year under the International Monetary…











