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Zimbabwe Stock Exchange

Gold worth US$5m vanishes from Falgold

Zimbabwe Stock Exchange mining-listed firm, Falcon Gold Zimbabwe (Falgold), lost nine gold bullions worth nearly US$5 million from its safe and managed to keep the theft under wraps for the past five years, the Financial Gazette’s Companies…

RioZim courts suitors

The Zimbabwe Stock Exchange listed resources firm, RioZim, is courting regional and international investors to finance its proposed power station and coal mining project in Sengwa, the Financial Gazette’s Companies & Markets can report.…

Hwange Colliery starts retrenching

By Oliver Kazunga Hwange Colliery Company Limited (HCCL) has started a retrenchment exercise to lay off about 1 000 workers, an official said yesterday. Last year, the Government announced it was looking at the possibility of trimming part…

Edgars goes digital

By Dumisani Nsingo Listed leading clothing and merchandise retailer, Edgars Stores Limited’s shareholders have unanimously agreed to receive information pertaining to business operations through electronic communications, a situation which…

Econet asked to defer EGM

By Happiness Zengeni Econet Wireless Zimbabwe has been asked to defer its extra-ordinary general meeting set for tomorrow until it has addressed technical issues relating to its proposed rights issue. Econet intends to raise $130 million…