Diversified agro-industrial concern, Ariston Holdings (Ariston) is focusing on improving quality of macadamia nuts for the export market as part of a broader strategy to fetch higher prices amid group extended losses. The Zimbabwe Stock Exchange (ZSE) -listed group is banking on improved global prices for the macadamia nuts
Zimbabwe Stock Exchange (ZSE) listed logistics company Unifreight Group has reported a substantial surge in its first-quarter trading volumes for 2024, marking a 58% increase from the previous year, which had itself seen a 135% rise from the year before. Announcing the group’s 2024 first quarter
The Zimbabwe Stock Exchange (ZSE) has endured a difficult week with the market bearish as investors continue a “wait and see” approach since the introduction of the new currency. The coming in of the ZiG currency has not been able to cheer up investor sentiment in
After starting 2024 on a positive note, the Zimbabwe Stock Exchange (ZSE) extended its losing streak this Monday afternoon to seven consecutive trading sessions as equities reversed gains posted for the greater part of January. Due to the depreciation of the Zimbabwe dollar which has shed
Victoria Falls Stock Exchange –Listed diversified group, Axia Corporation Limited (Axia)opened several new stores during the first half of the 2023 financial year with more expected to be completed later this yaer as the group intensifies its retail store network expansion strategy. Axia operates subsidiaries which
Diversified group, Axia Corporation extended its profit for the six months to December 2022 on the back of improved exchange rate stability and foreign currency sales. Axia recently exited the Zimbabwe Stock Exchange (ZSE) and listed on the foreign currency-quoted Victoria Falls Stock Exchange (VFEX) but
Retail group, OK Zimbabwe Limited sales volumes dropped significantly in third quarter (Q3) to December owing to a notable decline in consumer spending power. Rising inflation as well as tight liquidity on the market at the tail-end of last year weighed heavily on consumer spending habits
Hospitality group, African Sun Limited is set to be the latest firm to exit the Zimbabwe Stock Exchange (ZSE) and migrate to the Victoria Falls Stock Exchange (VFEX) following a decision by the directors. African Sun operates hotels that includes Harare, Bulawayo and Mutare Holiday Inn,
Telecommunications giant, Econet Wireless Zimbabwe says the shortage of foreign currency on the market has adversely affected its capacity to service its network foreign suppliers as well as implement much needed network maintenance and expansion. The situation has been worsened by the persistent power cuts that
Tigere Property Fund, Zimbabwe’s first real estate investment trust (REIT) has declared its maiden dividend of US$ 152 577 in line with its Listing Prospectus. The REIT, which was listed on the Zimbabwe Stock Exchange on 30 November 2022, will pay a dividend of 0,021 United
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