Day: May 13, 2026
Business
First Mutual Properties to Go Private in Voluntary Delisting Bid
First Mutual Properties Limited (FMP) has announced plans to delist from the Zimbabwe Stock Exchange (ZSE) effective July 1, 2026, offering minority shareholders an exit opportunity at US$0.033 per share. The move, supported by majority shareholder First Mutual Holdings Limited (FMHL), aims to give FMP greater flexibility to raise capital and focus on long-term growth. […]
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Business
Proplatics Sees Steady Growth Amidst Economic Challenges Caused By Middle East Tensions
Proplastics, a leading pipes and fittings manufacturer, has reported a steady growth in its performance for the first quarter of 2026, despite facing economic challenges. The company’s sales volumes rose to 1,861 tons, a 35% year-on-year increase, driven by projects across the country and the region. The ongoing geopolitical conflict in the Middle East has […]
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