Browsing: Simbisa Brands

Stock market indices and how to trade them smooth volatility. www.theexchange.africa

Simbisa Brands, Hwange Colliery included on ZSE index constituents

Investing

According to an article by Forbes dated June 23, 2022, the world’s first stock index appeared in July 1884 when the ‘Dow Jones Transportation Index’ was published in the US by newspaperman Charles Dow. The index comprised 11 transport stocks including nine railway companies, a steamship company and a telegraph operator.

The index average was calculated by adding all its share prices together and dividing the total by 11 – the number of shares.

There’s a more in-depth look at the indices on the ZSE, along with the profiles for the fourth quarter of 2022 put together.

ZSE said that indices provide the market with better performance apparatus and assist in choosing sector-based investing strategies.…

Simbisa Brands, the country’s biggest fast foods company. www.theexchange.africa

Simbisa Brands to switch listings from Zimbabwe Stock Exchange to VFEX

Investing

This will make it the fifth stock to list on the USD exchange joining SeedCo International, Padenga Holdings, Caledonia Mining Corp and Bindura Nickel Company and might provide the necessary momentum the exchange desperately needs.

The VFEX is a subsidiary of ZSE that was established some two years ago to exclusively trade in foreign currency and position itself as a regional offshore capital market to attract global investors.

The group operates a network of 524 owned restaurants under Chicken Inn (140 restaurants), Pizza Inn (129), Creamy Inn (87), Bakers Inn (58), Galito’s Africa (36), Nando’s (14), Steers (9) and other (51) brands such as Rocomama’s (Zimbabwe Only) and Vida E Caffé, located in Zimbabwe, Kenya, Zambia, Ghana, Mauritius and Namibia. Simbisa listed on the ZSE in 2015.…

Top Companies Survey Awards 2022. pic1

Financial Gazette, Old Mutual Zimbabwe’s top companies

Business
  • The 2022 edition of the Top Companies Survey Awards was sponsored by the Financial Gazette and Old Mutual Zimbabwe
  • Delta Corporation has been crowned the company of the year
  • This year’s theme was ‘Innovating for Growth in a VUCA (Volatile, Uncertain, Complex, and Ambiguous) Environment’

The Top Companies Survey is an annual event held to honour top-performing companies on the Zimbabwe Stock Exchange (ZSE) and the best performers in the insurance and banking sectors.

According to an article by StartupBiz dated July 26, 2022, the vision behind this initiative is best summarized by what Old Mutual once said: “Since the launch of the Top Company Survey, the survey has proved invaluable in promoting transparency, good corporate governance, ethical conduct, and corporate social responsibility as well as providing a platform for networking among corporate leaders and other guests”.

The 2022 edition of the Top Companies Survey Awards was sponsored by the …