Saturday, September 22, 2018
HARARE – The ZSE’s All Share index rebounded 0.28 points to settle at 88.72 as four counters gained ground. SeedCo led the risers, adding $0, 0486 to close at $1, 9486, while conglomerate Innscor put on $0, 0130 to $0, 9130 while telecoms giant was $0, 0100 stronger at...
Tawanda Musarurwa The move by the Securities and Exchange Commission (SECZ) to broaden the capital markets by introducing a mobile share trading platform should come into fruition in the second quarter. SECZ chief executive officer Tafadzwa Chinamo told Business Weekly that the mobile, online trading platform project is in its final...
Jeffrey Gogo Investors know that there is a latent degree of risk with every investment. But nowhere else could such risk arguably be more concentrated than in the cryptocurrency markets. That’s in part because digital currencies are an innovation and largely because cryptocurrencies are highly volatile. Prices can change several times...
Mamvura’s Market Minute The announcement that Rwandair is to use its fifth freedom rights to introduce a direct flight to Cape Town will be welcomed by anyone who regularly flies this route. At its peak when flyafrica were also on the Johannesburg route, there were 11 flights a day to ORT,...
HARARE - The local bourse’s All Share index shed 0.77 points (or 0, 86 percent) to end at 88.76 as five counters lost ground. NatFoods went down by a significant $0, 5998 to trade at $5, 4002, while BAT went down by $0, 1500 to close at $24, 2000 as...
HARARE – The Zimbabwe Stock Exchange’s All Share index was marginally up by 0.03 points to settle at 89.53 as Innscor put on $0, 0226 to close at $0, 8767, while giant retailer OK Zimbabwe was up by $0, 0050 to $0, 1650 while telecoms giant Econet rose by...
HARARE - The Zimbabwe Stock Exchange’s All Share index came off 0.13 points to settle at 89.50 as activity increased across the board. Cigarette manufacturer BAT Zim led the losers with a $0, 0537 loss to close at $24, 4000, while African Sun eased $0, 088 to $0, 0362 and...
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...
By Jeffrey Gogo There is a bloodbath on the cryptocurrency markets. From Ripple to the mother of all digital currencies Bitcoin, the floor is red amid panic selling and rumours of price manipulation. This week Bitcoin fell below $6 000 on global markets for the first time in three months, according...
Mamvura’s Market Minute Nampak’s quarterly update at its AGM once again gives us an indication that Command Agriculture liquidity abounds. Up 16 percent on the quarter (versus Delta’s 24 percent), it is not immediately apparent how much of it came from higher prices and how much from volumes. As indicated with...