Zimbabwe’s dollar-denominated bourse plans venture board, eyes $5bn market value
Zimbabwe’s dollar-denominated stock exchange plans to increase its market value by 25 percent over the next year as it rolls out new products, including a venture board to help junior mining and exploration companies raise capital.
Zimbabwe’s Zed Koudounaris and Michael Fowler turned a Harare chicken shop into a $1.3 billion empire
Innscor’s roots run to May 1968, when Michael Fowler’s father established TV Sales and Hire, a business selling household appliances to Zimbabweans who could not pay for them outright. Hire purchase was the product. Fowler and Zinona Koudounaris had known each other since Vainona High School in Harare.
Old Mutual lists on VFEX
Old Mutual has formally exited the Zimbabwe Stock Exchange (ZSE), clearing the final regulatory hurdle ahead of the resumption of trading on the Victoria Falls Stock Exchange (VFEX) next week.
WestProp to split business in US$129.8 million restructuring
WestProp Holdings plans to separate its flagship Pomona City land bank from its core property business in a major restructuring aimed at sharpening its focus as a listed real estate company, while also creating a standalone vehicle for fresh investment.
Ariana Resources targets 2028 gold production from Zimbabwe greenfield project
London-listed Ariana Resources expects to start producing gold from its greenfield project in Zimbabwe in 2028, the company’s managing director Kerim Sener said.
SA lands major soybean export deal with China
South Africa is set to export about 200 000 tons of soybeans to China in November 2026, marking only its second soybean export deal with the country.
Oil and gas: ‘Everything favours Africa now’
The current geopolitical turmoil has put global supply of oil and gas under pressure, but it has also created an opportunity for Africa to develop its vast resources, establish itself as an alternative supplier, and become a net exporter.
AI boom keeps China’s exports humming, beats estimates in July
China’s exports rose more than expected in July, though growth eased from June’s blistering pace, with global demand for high-tech components helping absorb the country’s goods.
Oil rises as Iran’s draft plan sees U.S. and Israel banned from Strait of Hormuz
Oil rose Friday amid worries over supply disruptions after Iran published a restrictive draft plan for the Strait of Hormuz.
Emirates bets bigger on Africa as SAA partnership unlocks nine more destinations
Emirates is deepening its investment in Africa’s aviation market.