Wednesday, November 22, 2017
Kudzanai Sharara The Zimbabwe Stock Exchange recorded its biggest monthly turnover since dollarisation after the October 2017 turnover breached the monthly record turnover achieved in September 2017. Turnover for the month of October amounted to $168,8 million. The previous highest was $89,8 million recorded in September 2017 and before that,...
Art managed to recover to its January 1 level on Friday (only to lose it again on Wednesday), meaning there was only one counter in the minus on a year-to-date RTG. The prospects don’t look good either following NSSA’s purchase of FML’s stake at the beginning of October. Certainly this...
Yesterday (October 19) was the 30th anniversary of Black Monday — when Wall Street recorded its largest fall (22,61 percent) since the Great Depression. As with almost every major historical milestone to effect global financial markets since, this event zero impact on the ZSE, which was at the time...
Golden Sibanda Zimbabwe will proceed with plans to levy 15 percent on raw platinum exports starting next year, if producers fail to comply with Government policy and directive for miners to build beneficiation facilities. Mines and Mining Development Minister Walter Chidhakwa said in an interview Government had no plans to...
June reporting season was not anything far from the general analysts’ forecasts. Earnings were weaker across most companies due to volume declines and/or reduction in average selling prices. The operating environment remained challenging, with the severity of foreign currency shortages felt over the period. Consumer disposable income remained low, cash...
Johannesburg. — Advances in electric vehicles powered by batteries will have a "devastating impact" on palladium in the future, but in the meantime the metal is experiencing a rare moment of being more expensive than platinum. But that raises its own risks. In the latest Commodities Compendium from Macquarie Research,...
Kudzanai Sharara Taking stock The 2018 national budget consultation meetings have started. Government ministries, state entities, private entities and all Zimbabweans are expected to give their input with regards to what they would want to see in the 2018 national budget. By the end of November or early December, we...
National Arts Gallery Marketing consists the designing of exhibitions and other products so as to attract the audience. It also requires designing a promotion strategy to make potential business practitioners aware of the artworks and exhibitions through advertising. In a non-profit gallery, the purpose is to try and gain sponsorship from...
Kudzanai Sharara Taking Stock A lot is going on in Zimbabwe. For entities in the country, the economy seems to be creating various pathways which will eventually determine whether or not an entity exists over time. The economic maze is so huge that it is easy for one to...
Investments are never the same, and knowing about them, why one needs to invest, what to invest in, when to invest and how much to invest are questions that are frequently asked. We continue from last week where we endeavour to answer some of those questions that will fill...