Staff writer
Zimbabwe’s capital markets are navigating a complex environment marked by tight liquidity, currency uncertainty, and shifting institutional investment patterns in the second half of the year.
This is coming at a time when the Zimbabwe Stock Exchange turnover saw a total of 1.27 billion shares exchanging hands during the first half of the year, up 179% from 456 million shares were traded
(markets)
The Zimbabwe Stock Exchange (ZSE) closed 1.42% weaker on the All-Share Index, settling at 188.1969 points.
This decline was primarily driven by a 5.9% slump in DLTA, following a block trade of 1.2 million shares, which significantly boosted both volumes and values.
Overall, 4.1 million shares were traded, with OKZ, DLTA, and ECO leading activity. The total value traded reached ZWG 20
HARARE: The market swung into the red in Tuesday trading with the All Share Index shedding a marginal 0.11% and settling at 206.6511pts.
A total of 16,420,436 shares traded on the day buoyed a block trade in SACL of 12.9m shares representing 79% of the market’s aggregate.
Value of trades came in at ZWG 15.2m as top trades were registered in ECO, DLTA and TSL.
Trades in SIM highlighted the VFEX boosting
Staff Writer
AfrexInsure says it was among industry leaders and experts that discussed the future of insurance in Africa at the 50th African Insurance Organization (AIO) Conference in Namibia.
AfrexInsure said it had the privilege of attending and sponsoring the conference, a significant event brought together industry leaders.
“Our team, led by CEO Jonas Mushosho, was proud to be part of
Staff Writer
The Association of Investment Managers of Zimbabwe (AIMZ) has joined the membership of the Pan African Fund Managers Association (PAFMA), an esteemed trade association dedicated to enhancing climate finance across the African continent.
Since its landmark introduction at the Africa Climate Summit in 2023, PAFMA has rapidly grown, now boasting nine members representing 16 African
ZHL records block trading in Wednesday’s trading session
Staff Writer
Zimre Holdings Limited (ZHL) led the activity on the Zimbabwe Stock Exchange (ZSE) yesterday, with 25.51 million shares traded for $3.91 billion.
This comes as the Mutapa sovereign wealth fund has been given permission by the competition authorities to acquire businessman Hamish Rudland’s majority share in ZimRe.
Mutapa acquired
How data science can revolutionise businesses in Zimbabwe
TINAYE MAKONI
I had the honour of speaking at a data science meeting at Harare Institute of Technology towards the end of last year.
I discussed how Claxon Actuaries is using data science to address issues in the financial services sector, particularly in the insurance industry.
Following my presentation, a brief interview with Business Times
The Role of carbon accounting in Insurance
By Insurance 24
The insurance industry’s balance sheets hold a significant portion of countries’ economic assets and liabilities. This implies that, through key activities such as risk management, risk transfer, and investments, the insurance industry has the ability to support the transition to a resilient, net-zero future.
Zimbabwe has been intensifying
FMHL to expand USD based product portfolio
Staff Writer
First Mutual Holdings (FMHL) says as the local economy increasingly dollarized, the group continued to expand its USD-based product portfolio to maintain product relevance.
Economists say already 80 percent of transactions in the economy are in US dollars, despite the government’s efforts to promote wider usage of the local currency.
FMHL is
ZSE firmer today
HARARE, The ZSE traded firmer today with most indices reducing the losses from previous sessions. The Mining Index gained 19.30 points, the Top Ten Index added 2.47 points and the benchmark All Share Index was up by 15.49 points. First Mutual Properties and Getbucks were the biggest gainers adding 20% whilst Dawn Properties was the biggest loser after easing 11.53%. The market breadth