Markets

3 years ago | June 18, 2021

‘Mercedes not at the level needed to win titles’

Once-dominant Mercedes are no longer performing at the level needed to win the Formula One championship and must get ...

Sino-Africa relationship deeper than resource extraction

We’ve all heard the impressive statistics before on Chinese state media: 10 000km of Chinese-built roads and 6 000km of ...

3 years ago | June 4, 2021

Value destruction at cement producer PPC

Today, share buybacks and employee option schemes are headline news. However, many view them as a means of value ...

Stock Market Weekly Review

Enacy Mapakame Bears dominated trades on the Zimbabwe Stock Exchange (ZSE) resulting in the market closing the week ...

3 years ago | May 28, 2021

little engine that could, oil giant that couldn’t

Last December, when a week-old hedge fund named Engine Number 1 challenged Exxon Mobil to change its ways, laughter ...

Stock Market Weekly Review

Enacy Mapakame Stocks traded mixed last week which saw three of the benchmark indices on the Zimbabwe Stock Exchange ...

3 years ago | May 27, 2021

JUST IN – RBZ finally has teeth to deal with forex abusers 

The Reserve Bank of Zimbabwe now has powers to impose civil penalties on institutions and individuals that uses foreign ...

3 years ago | May 21, 2021

Europe stocks attempt recovery, bitcoin stabilises

European stock markets recovered somewhat Thursday from the previous day’s slump, with investors comforted by the ...

Tokyo stocks close higher with eyes on vaccine news

Tokyo stocks closed higher on Thursday after mixed trade, with investor eyes on expected approval of Covid-19 vaccines ...

3 years ago | May 14, 2021

Bulls continue to dominate trade on ZSE

Bulls continued to dominate trades on the Zimbabwe Stock Exchange (ZSE), which saw all benchmark indices close the week ...

3 years ago | May 7, 2021

Positive sentiment continues on ZSE

A positive sentiment continued to prevail on the Zimbabwe Stock Exchange (ZSE) for the second consecutive week, which ...

3 years ago | April 23, 2021

Market bubble fears rekindled

It is hard to imagine that only a year ago, markets hit rock bottom and investors were worried about how the rest of ...

Nigerians shun Naira for foreign currencies

Nigerians have been accumulating foreign currencies to protect their wealth from naira volatility and surging inflation, ...

3 years ago | April 21, 2021

Just In: TM Pick n Pay in solid performance

Grocery retailer TM Pick n Pay had a solid performance for the full year to end of February 2021, according to one of ...

3 years ago | April 16, 2021

Stock Market: don’t leap before looking

This past Wednesday as I was writing this column, we were already halfway through the month — the 14th of April 2021.

Stock markets rise, oil drops

Stock markets mostly rose yesterday, supported by a strong start to the US earnings season.

Stock Market Weekly Review

Equities on the Zimbabwe Stock Exchange (ZSE) continued on a free-fall as it slid for the seventh consecutive session by ...

What market debut of Coinbase means

Coinbase went public on Wednesday on the Nasdaq exchange, and you probably have at least one friend pointing to the news ...

3 years ago | April 9, 2021

First quarter economic review

It’s been a while since I wrote Taking Stock after taking a few weeks’ break from work.

Abu Dhabi oil giant ADNOC considers IPO

DUBAI. — Abu Dhabi National Oil Company (ADNOC) is considering listing its drilling business on the local stock market, ...