Monday, July 16, 2018
Tsl has disposed of its 16 percent stake in Nampak to Old Mutual Asset Management in a transaction worth close to $15 million. The disposal of 124,9 million shares went through at 12 cents on the Zimbabwe Stock Exchange today. The stake was valued at $10 million in 2017, up...
HARARE – The Zimbabwe Stock Exchange’s All Share index rebounded 0.19 points to settle at 88.03 as giant insurer Old Mutual gained a further $0, 0560 to close at $5, 3100, while Zimplow added $0, 0100 to end at $0, 1000 while telecoms giant Econet was $0, 0068 stronger...
Mamvura’s Market Minute The ZSE must be congratulated for instituting the All Share Index. A shake up of the indices has been needed almost since the point of dollarisation and this was long overdue. A bit of explanation as to how the Top Ten works would be welcome as usually...
HARARE – The local bourse’s All Share index was marginally lower at 87.84 following a 0.01 points decrease as beverages giant Delta came off $0, 0137 to close at $1, 5763, while Fidelity Life shed $0, 0100 to $0, 0800 while Innscor lost $0, 0025 to end at $0,...
HARARE  - On a week-on-week basis, the Zimbabwe Stock Exchange’s All Share Index was down 1, 01 percent. In today’s trades the All Share index closed the week marginally lower at 90.05 following a 0.01 points loss as BAT led the losers with a $0, 5463 decrease to close at...
London. — Palladium has been the clear shining star in the precious metals sector, with the price pushing to a 17-year high in the final trading week of the year. March palladium futures last traded at $1 045,65 an ounce, up more than 50 percent since the start of the...
Kudzanai Sharara Market correction on the Zimbabwe Stock Exchange continued with bears dominating trades for the five trading days to Wednesday this week. Since the start of the year the stock market has been bearish closing in the negative territory in 12 out of the 17 trading sessions so far in...
HARARE – The Zimbabwe Stock Exchange’s All Share index opened the week lower at 86.71 after losing 0.55 (or 0, 63 percent) in today’s trades. BAT led the fallers after going down $2, 3138 to close at $20, 0000, while crocodile skin producer Padenga shed $0, 0093 to close at...
LIQUEFIED petroleum gas imports jumped 67 percent between January and June this year, indicating growth in the use of alternative heating energy compared to electricity, statistics from Zimbabwe Energy Regulatory Authority show. Zera chief executive officer Engineer Gloria Magombo told The Herald Business by email that LPG imports increased to...
Mamvura’s Market Minute Next Tuesday, November 14, marks the 20th anniversary of Black Friday, the start of the economic downturn which has lasted for the better part of the last two decades. As indicated in today’s Business Weekly Briefing, the event was almost certain precipitated by London’s refusal to fund...