Adelaide Moyo, Business Reporter, Author at The Financial Gazette

‘Mid-tier counters prove attractive’

MID-TIER stocks are proving to be the most liquid counters on the Zimbabwe Stock Exchange (ZSE) as they are well positioned for further growth, a brokerage firm has said. (more…)

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October 17, 2019

Companies & Markets

Hwange exports remain depressed

HWANGE Colliery Company Limited (Hwange) says it is looking to increase its export sales which were depressed during the half year ended June 30, 2019, contributing only four percent compared to a target of 20 percent. (more…)…

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October 17, 2019

Companies & Markets

Hotels bank on foreign tourists

ZIMBABWEAN hoteliers say they are banking on foreign tourists to boost earnings as the domestic market remains depressed. (more…)

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October 17, 2019

Companies & Markets

Power cuts hit Caledonia

CALEDONIA Mining Corporation (Caledonia) says gold production at its Zimbabwean unit — Blanket Mine (Blanket) — was slightly below target due to electricity supply challenges in the country. (more…)

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October 17, 2019

Karo completes phase one exploration

THARISA Plc says Karo Resources has completed the first phase of exploration at its Zimbabwe operation. (more…)

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October 13, 2019

Companies & Markets

Innscor to enjoy moderate growth

INNSCOR Africa (Innscor) will continue to enjoy moderate growth in volumes despite the current economic environment characterised by inflation and weak consumer spending, a local equities advisory firm has said. (more…)

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October 12, 2019

Companies & Markets

Listed firms adopt survival strategies

ZIMBABWE Stock Exchange (ZSE)-listed firms are adopting new expansion and diversification strategies to survive the country’s highly volatile and harsh operating environment. (more…)

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October 10, 2019

Companies & Markets

Axia sets sight on exports

AXIA Corporation Limited (Axia) says it is seeking investment opportunities with export potential as a way of generating foreign currency. (more…)

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October 3, 2019

Companies & Markets

Masimba optimistic

MASIMBA Holdings Limited (Masimba) says it is optimistic that policies introduced by government will spur the economy to positive growth in the medium to long term, despite deteriorating economic fundamentals. (more…)

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October 3, 2019

National Report

Zimbabwe’s economic crisis affects Nampak

NAMPAK, Africa’s largest diversified packaging manufacturer, says unavailability of foreign currency for raw materials and limited demand for some products will negatively impact annual results for its Zimbabwean operation. (more…)

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September 28, 2019

Saturday, 19 October 2019

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