Stock Market ● 1 month ago
Stocks continue in losses but selloff fizzles

The local bourse extended losses to a 3rd straight session, pulling down weekly performance into the red as investors took profits. Before the setback the bourse had enjoyed a rare 10-day rally over which gains went past the 20% mark, highlighting one of the best-performance in the bourse’s recent history. The ZSE All Share Index fell by a further -1.62% to close the latest session at 5382.47...


Stock Market ● 1 month ago
Stabilising macro dynamics support National Foods FY-20 Q3 Volumes

Following improvements to rainfall patterns, subdued inflation and a stabilising operating environment, Zimbabwe’s largest food manufacturer experienced volume growth across most major units.   Production Unit  % Growth/Decline Overall 🏭 14.2 ↗️ Maize 🌽 (31) ⬇️ Stockfeeds 🐖 27 ↗️ Groceries 🍞 95 ⬆️ Snacks & Treats 🍭 44 ↗️ Volume changes were reported on...

Personal Finance ● 1 month ago
Breaking-down the ART-Softex-Nampak deal: additional costs in the US$ 800k transaction

A quick look at the May 5th 2021 Nampak-Softex-ART US$ 800k announcement reveals some addtional costs involved between the transacting parties, costs one might not immediately consider on hearing about the Softex sale.         Central Bank All funds in the transfer are reportedly due electronically, with payments spread out over six equal monthly installmentsImplication Each transfer is sub...

Stock Market ● 1 month ago
Legacy debt burden hangs over MedTech, carries over into FY-20 operations

For the year ended December 31st 2020, the manufacturing, retail and distribution group faced internal operational challenges due to macroeconomic disruptions as well a historical legacy debt matter yet to be addressed by the central bank. Sales Sales were restructured in the period to focus on foods aligned to the FMCG segment. Additionally, prices were reduced across the board, dampening segme...

Stock Market ● 1 month ago
Drought & lockdowns hinder Dairibord FY-20 performance

In the year ended December 31st 2021, the Dairibord Group faced a combination of mostly-external operational challenges that drove up costs, stifled raw milk production in the period. The first half of 2020 was plagued by inflationary pressure and national lockdowns, temporarily disrupting Group operations; while Q3 and Q4 were met with relative macroeconomic stability following the introduction o...


Markets ● 1 month ago
Price remodel supports Turnall FY-20 operations

In the 12-month period ended December 2020, the construction industry specialist faced operational challenges on both domestic and international markets, dampening year-end reported volumes and Group earnings. Calendar months of trading were unexpectedly deducted due to nation-wide Covid-19 lockdowns.   On the domestic front, revision of central bank policies on multi-currency pricing led to...


Markets ● 2 months ago
Turnall Holdings' Finance Director Steps Down

Tile manufacturer, Turnall Holdings, has announced the stepping down of Finance Director Samson Mavende. Mavende who has been with the organization for 4 years is set to step down at the end of the month (April 2021). Mavende joined Turnall as Finance Director in the midst of a restructuring process. Turnall had sacked most of its key executives including the CE John Jere after accusing them of e...

Stock Market ● 2 months ago
ZSE sustains gaining momentum 21/04/21

The local bourse firmed in the mid-week session leveraging on rejuvenated demand in market heavies, extending the winning streak to 4 consecutive sessions. The All Share Index inched up by 1.4% to close at 4414.04 points, inversely performing to global shares which fell on Wednesday as concern about a resurgence in coronavirus cases in some countries cast doubt on the strength of global growth...

Stock Market ● 2 months ago
ZSE opens week in extended recovery mode 20/04/21

ZSE opened the holiday shortened week in sustained gains on the back of improved demand, stretching the trend to 3 straight sessions coming after a protracted 7-day losing streak Performance was in line with global shares which rose on Tuesday led by a stronger Chinese opening which shook off an initial drag from tech-driven Wall Street losses. The US dollar stayed at multiweek lows against oth...

Stock Market ● 2 months ago
Runaway Inflation Drags GetBucks Opex To New Heights

ZSE-listed microfinancer GetBucks posted a ZWL 45 million loss for the year ended December 31st 2020 following a hyperinflationary financial year. The Covid-19 pandemic compounded the Bank's losses in the period, with operational expenditure ballooning to ZWL 160 million at the end of 2020, up from ZWL 115 million in the 2019 financial calendar. Inflation on the other hand closed the year at a rea...


Symbol
Last Price
Change
% Change
168.25
+ 27.94
+ 19.91
starafrica corporation Limited
1,142.50
+ 186.50
+ 19.51
GetBucks MicroFinance Bank Limited
1,800.00
+ 261.37
+ 16.99
Unifreight Africa Limited
45,000.00
+ 5,155.19
+ 12.94
National Foods Holdings Limited
345.84
+ 36.84
+ 11.92
Ariston Holdings Limited
Symbol
Last Price
Change
% Change
131.05
-3.52
-2.62
Truworths Limited
340.00
-15.00
-4.23
Mashonaland Holdings Limited
302.82
-16.68
-5.22
General Beltings Holdings Limited
310.00
-39.76
-11.37
Edgars Stores Limited
346.01
-66.71
-16.16
Rainbow Tourism Group Limited
Symbol
Last Price
Change
% Change
195.00
0.00
0.00
Zimbabwe Newspapers (1980) Limited
306.07
+ 14.18
+ 4.86
Zimre Holdings Limited
2,189.28
+ 58.85
+ 2.76
Axia Corporation Limited
346.01
-66.71
-16.16
Rainbow Tourism Group Limited
1,199.81
+ 44.81
+ 3.88
NMBZ Holdings Limited
Jun 24, 2021
FMP.zw 2020 Annual Report
1,720.00 0.00 | 0.00%
Jun 24, 2021
FIDL.zw AGM Notice
750.00 0.00 | 0.00%
Jun 24, 2021
FBC.zw Annual 2020 Report
2,920.00 0.00 | 0.00%
Jun 24, 2021
Jun 24, 2021
OML Voluntary Operating Update
8,199.06 0.00 | 0.00%