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Imara sees ZSE rebound, looks forward to investment conference

Imara sees ZSE rebound, looks forward to investment conference

Speculation that Zimbabwe’s stock exchange may be moving off the bottom will add to excitement around the upcoming in-country investment conference hosted by Harare stockbroker, Imara Edwards and its Johannesburg sister company, Imara Africa Securities. Interest is already high, says Tino Kambasha, executive director of Imara Edwards, a member of…

Premier African Minerals soars on massive Zimbabwe resource upgrade, agrees Ethiopia bridging loan

Premier African Minerals soars on massive Zimbabwe resource upgrade, agrees Ethiopia bridging loan

Shares in Premier African Minerals (LON:PREM) soared after it announced a significant increase in resources at the RHA tungsten project. Resource tonnage at the Zimbabwe project, where Premier is the operator and has a 49% stake, increased by 152% to 2.7mln tonnes at a composite grade of 8.7 kilograms per tonne (kg/t)…

Foreign buyers seen pushing ZSE to best performance since dollarisation

Foreign buyers seen pushing ZSE to best performance since dollarisation

Strong foreign investor interest on the Zimbabwe Stock Exchange has lifted the bourse to its best performance since dollarisation in 2009, analysts have said. As of December 5, 2013 the benchmark index had gained 40 percent from the beginning of the year while total turnover for the same period amounted…

Zimbabwe Stocks on Best Streak in Year on Policy Signals

Zimbabwe Stocks on Best Streak in Year on Policy Signals

Zimbabwe’s benchmark stocks index rose for a 16th day, its longest winning streak in a year, as investors speculated President Robert Mugabe’s government will put in place policies supportive of economic growth. The 73-member Zimbabwe Industrial Index rose 0.2 percent to 210.23 today, extending gains since Sept. 17 to 12 percent.…

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