Latest Zimbabwe Stock Exchange News

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10/20/2018 04:51 AM

Nehanda Radio

Econet set to spin off Cassava to create Fintech giant
Nehanda Radio
Econet Wireless Zimbabwe (EWZ)'s new stand-alone unit Cassava, born out of the unbundling financial technology (fintech) businesses to be listed separately on the Zimbabwe Stock Exchange, is set to become one of the biggest companies in Zimbabwe.
Econet set to spin off Cassava to create Fintech giant | The HeraldThe Herald

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10/19/2018 04:54 AM

Bulawayo24 News (press release) (blog)

ZSE ranked best African market
Bulawayo24 News (press release) (blog)
The Namibian Stock Exchange was the second best performing market with a return of 38,5 percent while the Nigerian Stock Exchange, with a loss of 60,1 percent was the worst performing market on the continent over the period under review.

10/18/2018 03:18 PM

Nehanda Radio

Stock Exchange drops $4 billion in a day
Nehanda Radio
While the move has been intended to enforce the parity between the greenback and bond notes, Zimbabwe's thriving currency-black market continues to significantly discount the bond notes RTGS transfers against the American dollar. “Government recognise ...

10/17/2018 07:56 PM

Be wary of rising Zimbabwe stock prices
The latest fiscal reforms pushed the Zimbabwe bond to 2.8 bond notes to the US dollar, from 1.75 last September. Stock prices on the rise. The latest stock price rally signals turbulence on the monetary front as the market readies for inflationary ...

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10/17/2018 02:44 AM

Speculation drives ZSE bull-run
Bulls continued to charge on the Zimbabwe Stock Exchange (ZSE) as stocks hit record highs last week on speculative buying, in a throwback to the hyper-inflationary madness of 2008. In the week to Thursday, total market value had reached $22,9 billion ...

10/13/2018 11:08 PM