The move to stop lending by banks has jilted Zimbabwe’s economy. Zimbabwe Stock Exchange-listed companies such as Dairiboard Holdings stopped payment of dividends declared recently while agro-processing companies wrote to suppliers that they were suspending advance payments. Zimbabwe is now desperat...
investors may lose confidence in the accuracy and completeness of our financial reports and the market price of our ordinary shares could be negatively affected, and we could become subject to investigations by the stock exchange on which our securities are listed, the SEC or other regulatory autho...
Australia Stock Exchange (ASX) listed Prospect Resources, which owns Prospect Lithium Zimbabwe (PLZ), said the exported lithium samples were produced at its pilot plant in Kwekwe, Zimbabwe, using petalite ore from Prospect’s Arcadia Lithium Project (Arcadia). With the successful production of lith...
Nagpur based Zim Laboratories Limited, a leading provider of new drug delivery systems, will be listing on Bombay Stock Exchange (BSE) Main Board on June 8 and will have a price discovery as per trading on the bourses. It is likely to fetch attractive returns for existing shareholders. The ...
Without these short-term and long term loans, companies would find it difficult to operate, experts and business leaders said. The Zimbabwe Stock Exchange listed dairy products producer, Dairibord Holdings Limited was among the first major companies to shift course following the announcement. ...
“Those companies listed on the Victoria Falls Stock Exchange will be entitled to a 100% retention level of their incremental exports. “Furthermore, large-scale gold producers that qualify for the 80% retention threshold, shall also be entitled to directly export the incremental portion of the ...
As at September 4, National Foods — one of Zimbabwe’s largest food processors which is listed on the Zimbabwe Stock Exchange — only had 9 745 tonnes of wheat in stock, just over a month of production. Six processors, including Victoria Foods and Unifoods, had suspended operations due to...