Wednesday, January 16, 2019
Jeffrey Gogo Zimbabwe’s biggest crypto-currency exchange Golix.com will now process cash withdrawals to EcoCash accounts within an hour, in changes that in the short term should see more efficiency when transacting. Golix, which accounts for over 70 percent of Bitcoin trading in the country, has often faced criticism over delays in...
Mamvura’s Market Minute What would an earnings season be without five companies holding briefings on the same day? Fortunately, for the first time in a while, those corporates reporting on Wednesday tried as best as possible to space out their results. Two banks were due to post year end results, one of...
The rand was in a sweet spot on Monday morning, after SA successfully defended its investment grade status. Not only did Moody’s Investors Service preserve the country’s investment grade status, the ratings agency also upgraded the outlook on SA from negative to stable. "The challenge to SA now is to wisely...
HARARE – The local equities market’s All-Share index gained 0.28 points to settle at 86.50 as CAFCA added $0, 0800 to trade at $0, 4800, while beverages giant Delta put on $0, 0200 to $1, 5800 while Old Mutual went up by $0, 0158 to end at $5, 4658. Cement...
HARARE – On a week-on-week basis the Zimbabwe Stock Exchange’s All Share Index declined by 0.05 points (or 0, 06 percent), while the Industrial Index shed 0.29 points. After today’s trades, the All Share index closed the week on a high note gaining 0.04 points to close at 86.20 as...
HARARE – The Zimbabwe Stock Exchange’s All Share index was slightly higher at 86.22 after gaining 0.02 points. Three counters gained ground as PPC added $0, 0100 to close at $0, 9500, while telecoms giant Econet gained $0, 0010 to settle at 0, 6780 and CBZ inched up by $0,...
HARARE – On a week-on-week basis the Zimbabwe Stock Exchange’s All Share Index declined by 0.05 points (or 0, 06 percent), while the Industrial Index shed 0.29 points. After today’s trades, the All Share index closed the week on a high note gaining 0.04 points to close at 86.20 as...
HARARE – The Zimbabwe Stock Exchange’s All Share index lost a further 0.06 points (or 0, 07 percent) to close at 86.16 as four counters lost ground. Meikles led the losers, easing $0, 0273 to trade at $0, 2700, while cement producer PPC slipped $0, 0156 to $0, 9338 and...
HARARE – The Zimbabwe Stock Exchange’s All Share index retreated 0.28 points to close at 86.22 as Simbisa shed $0, 0590 to trade at $0, 3300, while BAT Zimbabwe was down by $0, 0243 to $19, 9757 and heavyweight Delta Beverages lost $0, 0023 to end at $1, 5602. Also...
HARARE – The Zimbabwe Stock Exchange’s All Share index gained 0.07 points to settle at 86.50 after breaking into the black yesterday. In today’s trades, four counters gained ground as Axia Corporation went up by $0, 00480 to close at $0, 1848, while beverages giant Delta and FBC Holdings each...