ZSE in new exchange deal

ZSE in new exchange deal

Harare, (New Ziana) – The Zimbabwe Stock Exchange (ZSE) said on Wednesday it had signed a memorandum of understanding with a local company for the development of a “receivables” financing platform. The partnership, with Harare Receivables Exchange Limited (HRE) is...
ZSE in new exchange deal

ZSE, GetBucks sign bourse MoU

Harare, (New Ziana) – The Zimbabwe Stock Exchange and local financial institution, GetBucks Microfinance Limited have entered into a partnership for the establishment of an alternative bourse for formalised emerging businesses to raise capital. Known as the Zimbabwe...
Simbisa doubles profit, mourns Zim income erosion

Simbisa doubles profit, mourns Zim income erosion

Harare, (New Ziana) – Fast foods chain, Simbisa Brands said on Tuesday it recorded a 134 percent jump in after-tax profit to $32.4 million compared to the prior year despite a slump in volumes in its main market in Zimbabwe. During the period, the chain – which...
Axia Corp in major profit jump for FY 2019

Axia Corp in major profit jump for FY 2019

Harare, (New Ziana) – Retail and logistics group, Axia Corporation (Axia) recorded a jump of nearly 400 percent in net profit to $63.1 million for the full year ended June compared with the previous year on the back of increased sales. The firm, which is listed on the...
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