Padenga’s decision to list on the Victoria Falls Stock Exchange (VFEX) was a win for the new bourse and Finance Minister Mthuli Ncube’s incentive scheme, but the country’s biggest broker says it deprived local investors of a...
Amatheon Agri, a German agribusiness listed on Europe’s Euronext stock exchange, has secured a licence to grow medicinal cannabis in Zimbabwe. The government awarded Amatheon a renewable five-year licence, the company's CEO said.
By Sharon Mupfure Reserve Bank of Zimbabwe (RBZ) has stood in the way of plans by Seed Co, the country’s biggest seed producer, to delist the local unit from the Zimbabwe Stock Exchange (ZSE)...
Padenga Holdings will move its listing from the Zimbabwe Stock Exchange (ZSE) to the US dollar-denominated Victoria Falls Stock Exchange (VFEX), to take advantage of new government incentives and attract fresh capital. Shareholders of...
Zimbabwe's inflation rate has slowed down over recent months. The rate fell from 837.5% in July last year to 194.1% in April. Does this mean that prices are coming down? How is inflation measured? How is the...
Private equity firm Takura has reached an agreement to acquire a 57,4% stake in sugar processor StarAfrica Corporation from the Zimbabwe Asset Management Company (ZAMCO), according to a corporate announcement on Thursday. “On the...
Three years ago, Tommy Doran gave up on his plans to become one of Zimbabwe’s first producers of medicinal cannabis. By this time next year, he could be involved in some of the first exports from the...
Zimbabwe’s tobacco auction floors opened Wednesday morning, with the first bale fetching a higher price than last year. The first tobacco sold at US$4.30 a kg, which is higher than the US$4 a kg...
Caledonia Mining Corp. has started operations at its US$67 million Central Shaft at Blanket Mine, the company announced on Tuesday. The shaft, which has taken six years to complete, was wholly funded through internally...
By Farai Shawn Matiashe One afternoon in Mupindi Village, Gokwe South, more than 400 kilometres from Zimbabwe’s capital Harare, a smallholder farmer called Bernard Mupindi is pruning the rough, hairy triangular leaves that grow around...
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