Finance

ZSE market commentary | 22 May 2013

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Posted by admin 10 hours ago (http://feedproxy.google.com)

Industrials The industrial index gained 1.46 points (0.70%) to close at 211.38 points. BAT (BAT.zw) added 5 cents to trade at 835 cents, DELTA (DLTA.zw) went up 3 cents to close at 145 cents and AFDIS (AFDS.zw) rose a cent to 21 cents. Other gains were in MASIMBA (MSHL.zw) which extended a 0.60 cents gain to 7.60 cents, MEIKLES (MEIK.zw) which added 0.50 cents to close at 26 cents and CBZ (CBZ.zw

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Africa Investor Insight: Robert Scharar

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Posted by admin 23 hours ago (http://investinginafrica.net)

Robert Scharar manages the Houston-based Commonwealth Africa Fund, a $1.9 million mutual fund. As of the end of April 2013, the fund had appreciated 3.7% since its November 2011 inception. Here he explains his investment process and what led him to launch the fund.

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ZSE market commentary | 21 May 2013

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Posted by admin 1 day 10 hours ago (http://feedproxy.google.com)

Industrials The industrial index shed 0.48 points (0.23%) to close at 209.92 points. Four counters traded in the negative territory; DELTA (DLTA.zw) lost a cent to trade at 142 cents, BARCLAYS (BARC.zw) dropped 0.40 cents to close at 3 cents, ZBFH (ZBFH.zw) shed 0.10 cents to trade at 9 cents and INTERFRESH (INTF.zw) eased 0.04 cents to close at 0.20 cents. On the upside BAT (BAT.zw) extended a f

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ARTD.zw | Unaudited results for HY ended 31 Mar 13

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Financial Highlights: - Revenue: $16 994 000 - Gross profit: $5 526 000 - Operating profit before interest and tax: $1 026 000 - Profit before tax from continuing operations: $148 000 - Profit after tax from continuing operations: $309 000 - Profit for the half year: $286 000 - Total comprehensive income for the half year, net of tax: $120 000 - Basic & Diluted earnings per share: 0.06 US cen

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ZSE market commentary | 20 May 2013

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Posted by admin 2 days ago (http://feedproxy.google.com)

Industrials The industrial index added 0.11 points (0.05%) to close at 210.40 points. BAT (BAT.zw) led the movers with a 10 cents gain to trade at 820 cents whilst CFI (CFI.zw) rose 0.80 cents to close at 6 cents. Other gains were in MASIMBA HOLDINGS (MSHL.zw) which gained 0.50 cents to 6.50 cents and MEIKLES (MEIK.zw) inched up 0.11 cents to close at 25.21 cents. CAFCA (CAFCA.zw) retreated 10 ce

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FBC.zw | Cautionary Statement

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Posted by admin 2 days ago (http://feedproxy.google.com)

The Board of Directors of FBC Holdings would like to advise shareholders and the public, that the group is currently engaged in negotiations which, if successfully completed, would have a material effect to the structure of the group and may have a material impact on the company’s share price. Shareholders should exercise caution in the trading of FBC Holdings shares. By Order of the Board

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ASTR.zw | Cautionary Statement

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Posted by admin 5 days ago (http://feedproxy.google.com)

The Directors of Astra Industries Limited wish to advise shareholders that discussions are still in progress that may result in a transaction that may have a material impact on the value of the Company's shares...

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EDGR.zw | Increase in shares in issue to 288 767 204

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Posted by admin 5 days ago (http://feedproxy.google.com)

Details: - Shares before: 288 517 204 - Shares added: 250 000 - New shares in issue: 288 767 204 - Effective date: 15 May 2013 - Reason: Share Option Scheme