Markets ● 1 month ago
Hwange HY-21 fortunes improve, administrative blues continue

In the six months to June 2021, Hwange Colliery’s revenue grew by an inflation adjusted 38%, rising from ZWL 2.19 billion to ZWL 3.03 billion. Revenue growth in the period was attributed to high value coal sales as well as regular price adjustments in line with market value changes. In historical terms, gross profit rose 139% to ZWL 851.6m, but declined by 17% in inflation-adjusted terms on accou...


Stock Market ● 1 month ago
ZSE sustains record highs as magnitude subsides

The ZSE sustained record-breaking momentum in mid-week trades albeit at subsiding levels. The mainstream All Share Index surged by 1.97% in today’s session, a slow-down from an average daily gain of 3.7% over the past 5 days, to close at an all-time high of 8586.7 points. This is due to a -78% decline in demand as well as subsiding margins in market heavies and penny stocks respectively. On t...

Markets ● 1 month ago
Suppressed HY-21, Rosy Year-End Lined-Up For RTG

In the six-months ended June 2021, the Rainbow Tourism Group's occupancy closed the period at 24%, a 4% improvement from prior year levels. Inflation-adjusted revenue grew to ZWL 706m from ZWL 462m, representing a 53% growth. The Group says that in the face of business interruptions, gross margins managed to rise from 63% to 67% in the period. At ZWL 161m, EBITDA ended the half-year 6% down from...

Stock Market ● 2 months ago
Challenging the ZSE's "top performing stock market" narrative

After surpassing its own performance record (again), the ZWL-denominated exchange extended 2021 gains as the market’s counters continue facing economic uncertainties in the closing quarter of the year. Index up 198% YTD ZWL continues to depreciate Parallel market remains out of control Unlike steady-moving regional peers, the ZSE’s All Share Index (ASI) has nearly doubled its 2020 year-end...

Markets ● 2 months ago
Fair Value Adjustments Wipe-Out First Mutual HY-21 Profits

Half-year results for the property and insurance Group largely reflected improvements from prior year performance. GWP ↑ 71%Rental Income ↑ 53%Profit ↓ 121% The Group’s Gross Premium Written grew to ZWL 5.4 billion in the period, a 71% inflation-adjusted increase. Despite marginal investment property gains recorded in US$ terms, a ZWL 1.6 billion fair value loss was incurred after conversion of...


Markets ● 2 months ago
TSL Trading Update Shows Promising Outlook In Tobacco Industry

In a trading update for the three-months ended July 2021, the TSL Group recorded volume growth across most business units, driving an improved performance for the quarter. Revenue up 9% TSL volumes handled up 143% Avis rental days up 121% Revenue in the period was 9% ahead of the prior year in inflation adjusted terms. In addition to having sufficient interest coverage on borrowed funds, t...


Markets ● 2 months ago
Low Forex Supplies Threat To Proplastics Inventory Management

The ZSE’s piping specialist managed to double revenue from the previous half year period, overturn a loss and maintain a solid financial position. Revenue (infl.adj) ↑ 120% Profit ↑ 197% Despite the generally positive set of financials recorded in the period, the Group continues to face logistical constraints stemming from foreign currency shortages. In its most recent set of fina...

Stock Market ● 2 months ago
ZSE halts bloodbath as market heavies recover

The ZSE somersaulted almost erasing its prior session loss as demand recovered in Tuesday’s trades. The All Share Index notched by 0.67% to close at 6645.03 points. Gains were stimulated by market heavies after a huge jump of 1.4% which outweighed the 0.87% decline in penny stocks. The positive sentiment was spread across bourses as Padenga firmed by 20% on the VFEX after trading a total of 5...

Markets ● 2 months ago
All-Round Growth Recorded in Latest Cassava Trading Update

Cassava Smartech's performance in the quarter ended 31 August 2021 was well-rounded and reflected significant growth from the previous year’s comparative period. Group Revenue ↑ 70% Wallet Funding ↑ 54% Steward Bank Revenue ↑ 300% Group revenue rose by 70% in the period and was driven by higher transaction activity than 2020’s comparable period. Similarly, the Group reported a 63% revenue...

Stock Market ● 2 months ago
ZSE opens new month in the red as Zeco awakens

The ZSE sustained bearish momentum into the new month of September as Zeco made its first trade in over 5 months, which is the 2nd transaction in over 2 years. 200 shares exchanged hands in the counter, valued at a total of ZW$0.12. The mainstream All Share Index slumped by -0.96% in the session to close at a 6-week low of 6588.74 points. The month of August saw the ZSE succumb to a loss of -2...


Symbol
Last Price
Change
% Change
0.24
+ 0.12
+ 100.00
Zeco Holdings Limited
19,176.05
+ 2,233.00
+ 13.18
Meikles Limited
1,390.00
+ 117.33
+ 9.22
NMBZ Holdings Limited
5,500.00
+ 422.22
+ 8.32
Masimba Holdings Limited
21.93
+ 1.37
+ 6.66
Medtech Holdings Limited
Symbol
Last Price
Change
% Change
3,500.00
-400.00
-10.26
RioZim Limited
150,000.00
-20,000.00
-11.76
National Foods Holdings Limited
4,526.78
-630.02
-12.22
Cassava SmarTech Zimbabwe
28,000.00
-4,000.00
-12.50
Hippo Valley Estates Limited
700.00
-116.67
-14.29
National Tyre Services Limited
Symbol
Last Price
Change
% Change
1,050.00
+ 25.00
+ 2.44
Amalgamated Regional Trading (ART) Holdings Limited
7,731.39
-418.09
-5.13
Econet Wireless Zimbabwe
815.18
+ 0.18
+ 0.02
GetBucks MicroFinance Bank Limited
19,176.05
+ 2,233.00
+ 13.18
Meikles Limited
239.95
-2.05
-0.85
General Beltings Holdings Limited
Oct 27, 2021
Oct 27, 2021
MEIK.zw Abridged Circular to Shareholders
19,176.05 2,233.00 | 13.18%
Oct 27, 2021
INN.zw Q1 2021 Trading Update
18,000.47 40.27 | 0.22%
Oct 27, 2021
NTFD.zw Q1 2021 Trading Update
150,000.00 -20,000.00 | -11.76%
Oct 27, 2021
CBZ.zw Publishing Delay statement
12,152.00 -209.11 | -1.69%