Business
Tanganda Seeks Shareholder Approval to Delist from ZSE and List on VFEX
Tanganda Tea Company Limited is set to make a significant move in its history, seeking shareholder approval to delist from the Zimbabwe Stock Exchange (ZSE) and list on the Victoria Falls Stock Exchange (VFEX). This strategic decision aims to align the company’s listing currency with its dollarised, export-driven business model, which has been in operation […]
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RioZim Gets Nod to Dispose of Renco Mine as Shareholders Approve US$35 Million Deal
RioZim Limited shareholders have unanimously approved the disposal of Renco Mine as a going concern for a consideration of not less than US$35 million. The approval was granted at an Extraordinary General Meeting (EGM) held virtually at 10:00 hours on Wednesday, 21 October 2026. The results were certified by the scrutineers, Forvis Mazars Zimbabwe Chartered […]
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Zimplow Holdings Swings To US$891k Profit On Strong Q3 Performance
Zimplow Holdings Limited has reported a strong recovery for the nine months to 30 September 2026, swinging to a profit before tax of US$891,063 from a loss of US$650,998 in the same period last year. The turnaround of over US$1.54 million was driven by a 10.6% rise in Group revenue to US$24.88 million and an […]
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Invictus Energy Set For Musuma-1 Drilling After Wellpad Handover
Invictus Energy is moving closer to drilling its next major exploration well in Zimbabwe’s Cabora Bassa Basin after wrapping up civil works at the Musuma-1 site. The Australia Stock Exchange-listed explorer said the Musuma-1 wellpad in Muzarabani has been completed and has passed formal inspection by its drilling contractor, Exalo Drilling. The sign-off clears a […]
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Curtain Call for WestProp’s Exit Offer
WestProp Holdings Limited, a listed entity on the Victoria Falls Stock Exchange, concluded its Exit Offer at 4:00 pm on 9 October 2026. The Exit Offer attracted valid acceptances for 427,389 shares, equivalent to approximately 1.4% of the company’s issued share capital and 5.3% of minority shareholders. Upon settlement, the corresponding minority shares in Alpha […]
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OK Zimbabwe Limited to Voluntarily Delist from ZSE as Part of Corporate Rescue Plan
OK Zimbabwe Limited has notified shareholders of an Extraordinary General Meeting (EGM) scheduled for Friday, 6 November 2026, at 10:00 hours at the company’s Head Office in Harare, seeking approval for voluntary delisting from the Zimbabwe Stock Exchange (ZSE). The move is part of a corporate rescue plan initiated following the Board of Directors’ resolution […]
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WINKY D, TAMMY MOYO, NUTTY O, EXQ HEADLINE CASTLE LAGER NATIONAL BRAAI DAY
By Aldridge Dzvene Castle Lager National Braai Day will take centre stage at Glamis Arena in Harare on Saturday, 17 October 2026, with leading Zimbabwean musicians Winky D, Tammy Moyo, Nutty O and EXQ headlining a star-studded entertainment line-up. The event, scheduled to begin at 11am and continue until late, will also feature performances by […]
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Dangote Depository Receipt Offer Extension Sparks Investor Interest
The Financial Securities Exchange (FINSEC) announced an extension of the application period for the Dangote Petroleum Refinery and Petrochemicals Depository Receipt offer. The Nigerian Initial Public Offering’s closing date was pushed from October 13 to October 27, 2026, after approval from Nigeria’s Securities and Exchange Commission. The move aims to boost African investor participation and […]
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Meikles to Dispose Victoria Falls Hotel Stake for US$15 Million in Exit from Hospitality
Meikles Limited has moved to dispose of its entire hospitality interest through the sale of a fifty percent undivided stake in the Victoria Falls Hotel Partnership to African Sun Limited for fifteen million United States dollars, marking a strategic exit from the hospitality business. The interest is held through Meikles Hospitality, a wholly owned subsidiary […]
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Caledonia’s Blanket Mine Q3 Output Dips, Company Lowers 2026 Forecast
Caledonia Mining Corporation has reported lower gold production from its Blanket Mine for the third quarter of 2026, prompting a downward revision of its full-year guidance. The Jersey-registered miner said the mine produced 17,030 ounces in the quarter to September 30, down from 19,106 ounces in the same period last year. Output for the nine […]
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