Q report

Stock Exchange in compromise on quarterly reporting    

HARARE - (FinX) Listed companies will now either issue a trading update or seek an extension on the mandatory quarterly reporting as part of a compromise the Zimbabwe Stock Exchange has reached in the...
smirnoff1

Afdis total volume down 50% in the quarter; turnover up 286%

HARARE - (FinX) Afdis total volumes for the quarter declined 50% as reduced consumer spending took a toll on demand but turnover rose 286% in the quarter to September. MD Cecil Gombera told the AGM earlier today...
culture

Africa Cultural Festival eyes new record

 Tawanda Marwizi The 2019 edition of the African Cultural Festival roars into life on Saturday next week at the Huddinge Gymnasium Aula in Stockholm, Sweden amid high hopes the annual event  will be bigger than...
Andy Muridzo

Muridzo’s deadly open zip and shut-mind approach

Tawanda Marwizi When Andy Muridzo unleashed his second album  Ngarizhambe  which carried  hit songs “Dherira” and “Dhafudhunda” in 2016, Zimbabwe was convinced a star was born. Andy Muridzo Muridzo’s  real name is Andrew Ngwenya. Despite being labeled a...
Mambo Dhuterere

The rise of Mambo Dhuterere

Tawanda Marwizi Mambo is a Shona word for king, a position that Darlington Mutseta, popularly known as Mambo Dhuterere, has assumed on Zimbabwe’s music charts within a short space of time. Messages that resonate day to...
chasi

Renewable energy policy for Zimbabwe

Farai Mabeza HARARE – With a huge energy crisis on its hands, the Zimbabwean government is set to introduce a new renewable energy policy. According to the country’s Energy and Power Development Minister, Fortune Chasi, the...
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ZSE in talks to acquire entire shareholding in Chengetedzai: sources  

HARARE – (FinX) The Zimbabwe Stock Exchange is in talks to acquire the entire shareholding of securities depository company, Chengetedzai. Chengetedzai Depository Company was formed to establish and operate a central securities depository for the...
Beer Delta beverages lagers

Delta lager volumes decline 40%; Coca Cola to renew Bottlers Agreement for 3yrs

HARARE – (FinX) Delta Corporation reported a 40% decline in lager beer volume in the second quarter to September 30, a performance reminiscent of 2016 where volumes were on a free-fall. روليت فرنسي ...
Sithole

Phineas Sithole: The last veteran of the Pan-African Socialist Union

Brooks Marmon At the time of his death, Phineas Ferani Sithole was the earliest (and likely only) surviving leader of a Zimbabwean liberation movement. Sithole, a prominent trade unionist and pan-African politician from the 1960s to...

Gains in select heavyweights lift ZSE as demand firms

HARARE – (FinX) - Gains in select heavyweights saw the stock market open the week in positive territory maintaining its winning streak although turnover remained below the acceptable US$1 mln level. The performance comes...