Zimbabwe Stock Exchange (ZSE)
Industrial Index (ZSE Industrial)
|Net Change||-0.56||Volume ('000)||N/A|
|Pct Change||-0.38%||Value ('000)||N/A|
|High||N/A||YTD Net Change||-17.74|
|Low||N/A||YTD Pct Change||-10.90%|
| || ||Updated:||29 July|
Top National Business and Finance Headlines
Keys Communications introduces its successful Township Wall Media to the rest of Africa, from Zimbabwe
African Press Organization - APO - 18 Feb, 2015
HARARE, Zimbabwe, February 18, 2015/African Press Organization (APO)/ -- After over 5 years of leadership in the township wall advertising industry throughout South Africa, township media specialists, Keys Communications (http://www.keyscommunications.co.za) are expanding their successful business model to include the rest of Africa. The African operations will be headquartered in Zimbabwe. This unique model has a pivotal CSI component, providing community members with revenue opportunities for the use of the township wall as an advertising platform.
MEIKLES unaudited interim financial results to 30 June 2010
Meikles Africa Limited - 26 Aug, 2010 [1 Comments]
The Meikles Board is pleased to announce the unaudited financial results for the Half Year ended 30 June 2010. Below are the excerpts from the Chairman's statement:
MEIKLES: Cautionary announcement - KFHL de-merger
Meikles Africa Limited - 06 Aug, 2010
On 6 August 2010 the Meikles Limited Board met to consider the offer from Mr N M K Chanakira and his associated companies to purchase the Company's interest in Kingdom Financial Holdings Limited ("KFHL").
MEIKLES Limited notice to Shareholders
Meikles Africa Limited - 01 July, 2010
In the interests of the Group, the Meikles Limited ("Company", "ML") Board has so far exercised patience and restraint in response to the recent unauthorized "public announcements" of members of the Board of Kingdom Financial Holdings Limited ("KFHL") and persons who are not members of the Board of KFHL. These unauthorized announcements were, amongst other things, made without the permission or prior knowledge of KFHL's sole shareholder ML, or the ML Board. The ML Board can no longer remain silent. The ML Board has now requested the KFHL Board to comply with certain corporate formalities in terms of both the Companies Act and the Banking Act to ensure the de-merger is legally implemented.
CBZ Holdings most capitalised financial institution
Commercial Bank of Zimbabwe Limited - 30 June, 2010
CBZ Holdings Limited is sitting on a phenomenal US$71,5 million as at June 30, 2010 emerging the country’s most capitalised financial institution.
Kingdom to roll out 500 POS machines
Kingdom Stockbrokers (PVT) Limited - 31 May, 2010
DIVERSIFIED financial services group, Kingdom Financial Holdings Limited, has come up with a programme to roll out 500 Point of Sale machines before the end of the year.
Kingdom Stockbrokers (PVT) Limited - 20 May, 2010
As you might be aware, the demerger of Kingdom Meikles is still underway and on our part, Kingdom Financial Holdings Limited (KFHL) is working assiduously to discharge its agreement with the shareholders of Meikles as part of the conditions of the demerger process.
Kingdom courts partners
Kingdom Stockbrokers (PVT) Limited - 21 April, 2010
Kingdom Financial Holdings Limited, emerging from a rocky marriage, is now courting local and international equity partners as it seeks to consolidate its position in the financial sector. In first exclusive interview with the media since the demerger from Kingdom Meikles Africa, founder and major shareholder Mr Nigel Chanakira said Kingdom was back on its feet and he was ready to part with a significant portion of his shareholding to pave way for new partners.
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Top Company Press Releases
NMBZ - 17 Mar, 2010
NMBZ Holdings Limited advises its shareholders that the Company is engaged in negotiations which, if concluded successfully ,will have an impact on its share price. Shareholders are accordingly advised to exercise caution when dealing with the Company's securities until a further announcement is made.
FBC Holdings Limited listed on the Zimbabwe Stock Exchange
First Bank - 26 Aug, 2004
FBC Holdings Limited has been duly listed on the Zimbabwe Stock Exchange. Speaking at the occasion, Group Chairman, Mr Herbert Nkala said that he was excited at the mutually beneficial business opportunities created by the new group.
NEWS RELEASE JULY 20 2004
Zimsun Leisure Group - 01 June, 2004 [1 Comments]
The Victoria Falls Hotel has launched a special package for Zimbabweans as part of the celebrations to mark the hotel’s centenary year.
First Bank - 27 Feb, 2004 [1 Comments]
The Shareholders of First Banking Corporation Limited (FBC) are advised that the negotiations referred to in our previous cautionary Notice of 30 January 2004 are still progressing.
$30 Million Set Aside For Smallholder Tea Production.
Tanganda News - 01 Jan, 2004
Two of Zimbabwe’s tea producing giants Tanganda Tea Company and Southdown Holdings have embarked on a six year outgrower development programme to develop up to three thousand hectares of smallholder farm land into tea.
Other Economic News Headlines
Statement at the End of an IMF Staff Visit to Conduct the First Review of Zimbabwe's Staff-Monitored Program
African Press Organization - APO - 10 Mar, 2015
HARARE, Zimbabwe, March 10, 2015/African Press Organization (APO)/ -- An International Monetary Fund (IMF) mission led by Domenico Fanizza visited Harare from February 25 to March 9, 2015 to conduct the first review under the 15-month Staff Monitored Program (SMP) approved by Management in November 2014 (see Press Release No. 14/504). The mission reached a staff-level agreement on policies for the completion of the first review. A report will be submitted for IMF Management approval in April 2015. At the conclusion of the visit, Mr. Fanizza issued the following statement:
Statement by IMF African Department Director Antoinette Sayeh at the Conclusion of her Visit to Zimbabwe
African Press Organization - APO - 24 Oct, 2014
HARARE, Zimbabwe, October 24, 2014/African Press Organization (APO)/ -- Ms. Antoinette Monsio Sayeh, Director of the International Monetary Fund (IMF) African Department, visited Zimbabwe from October 21-24, 2014, to meet with the Zimbabwean authorities and other stakeholders and to present the Fall 2014 Regional Economic Outlook, on Sub-Saharan Africa (see Press Release No:14/475). At the conclusion of her visit she made the following statement:
IMF Staff Concludes Mission for a Staff-Monitored Program to Zimbabwe
African Press Organization - APO - 30 Sep, 2014
HARARE, Zimbabwe, September 30, 2014/African Press Organization (APO)/ -- An International Monetary Fund (IMF) mission led by Mr. Domenico Fanizza visited Harare from September 17 to October 1, 2014 to conduct the third and last review under the Staff Monitored Program (SMP) approved by management in June 2013 and to hold discussions on a 15-month successor SMP. The authorities met all end-June 2014 quantitative targets and structural benchmarks under the program and the mission reached a staff level agreement on policies for a successor SMP. The mission met with Mr. Chinamasa, Minister of Finance and Economic Development, Dr. Sibanda, Chief Secretary to the President's and Cabinet, Dr.
IMF Executive Board Concludes 2014 Article IV Consultation with Zimbabwe
African Press Organization - APO - 23 June, 2014
HARARE, Zimbabwe, June 23, 2014/African Press Organization (APO)/ -- On June 18, 2014, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation1 with Zimbabwe.
IMF gives Zimbabwe another chance
afrol - 17 Feb, 2005
The International Monetary Fund (IMF), which threatened with the "compulsory withdrawal of Zimbabwe" one year ago, yesterday decided to give Harare authorities one last chance to avoid expulsion. The reconciling move by the IMF had come after Zimbabwe had made larger efforts to comply with the Fund's demand during the last year, including down-payments of US$ 16.5 million.