Malcom Sharara
Fin24
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Past articles by Malcom:
AB InBev to sell Zambia unit to Zim associate Delta
Anheuser-Busch InBev’s Zimbabwe based associate Delta Corporations, says it is in the process of finalising a transaction to acquire a controlling stake in the National Breweries of Zambia. → Read More
First Zim firm to list on JSE aims to raise $15m
Brainworks, a diversified investment holding company with investments focused on Zimbabwe, has become the first Zimbabwean company to have a primary listing on the JSE. → Read More
Malawian bank finalises purchase of Barclays Bank Zim
Banking group First Merchant Bank Capital Holdings has obtained all approvals to acquire the majority stake in Barclays Bank Zimbabwe from British-owned bank Barclays Bank Plc. → Read More
IMF revises Zim’s growth forecasts upwards
The International Monetary Fund says Zimbabwe’s economy is now expected to grow by 2.8% - up from earlier projections of 2%. → Read More
Zim's Brainworks Limited to list on JSE
Investment company Brainworks Limited has been granted a listing on the main board of the JSE, becoming the first Zimbabwean company to have a primary listing. → Read More
Zim criminalises cash vending
The Zimbabwean government has gazetted regulations that criminalise cash vending without permission from the exchange control authority. → Read More
Massive cull to stop avian flu costs Zim company $7.2m
Irvine’s, one of Zimbabwe’s largest food producers, has suffered losses of $7.2m after culling chickens due to an outbreak of highly pathogenic avian influenza. → Read More
Zim denies food shortages as skyrocketing grocery prices sow panic
Cash shortages and currency uncertainties have taken a turn for the worse in Zimbabwe, as a combination of unfavourable elements and panicking individuals have seen grocery prices skyrocket. → Read More
Zim currency woes to hit Edgars product range
Edcon’s Zimbabwe-based clothing retailer Edgars says prevailing foreign currency shortages will impact its product range, particularly in the fourth quarter. → Read More
Zim mulls weekday alcohol sales ban
Beverage companies Delta Corporation and African Distillers are set to either ready for a fight with the government or face reduced sales amid plans to bar alcohol sales during the week. → Read More
Zimbabwe Stock Exchange breaches all-time high
The Zimbabwe Stock Exchange has breached its all-time high as stocks continued to rally unabated, making the bourse Africa's top riser. → Read More
Zim is set to cull half a million birds hit by avian flu
Zimbabwe is set to cull more than half a million chickens affected by the highly pathogenic strain H5N8 at a farm in Harare. → Read More
Zim investors use Old Mutual to repatriate funds outside country
Investors are using Old Mutual as a way of repatriating their investments outside the country, buying stocks and then moving them to either London or the JSE, say analysts. → Read More
Zimplats forges ahead with mine development
Zimplats, Impala Platinum’s unit in Zimbabwe, has announced that revenue for the quarter to end-June 2017 increased by 9% to $143.59m as it forges ahead with mine development. → Read More
Zim unit owes AB InBev more than $40m amid foreign currency crisis
Anheuser-Busch InBev is owed more than $40m in dividend payments from its Zimbabwean associate Delta Corporation, as the foreign currency crisis in that country worsens. → Read More
Zim stocks on four-year high as investors pile into equities
Zimbabwean stocks have closed on a four-year high as investors continued to pile into the equities market amid limited investment options and currency concerns. → Read More
LATEST: Zim govt overrun budget by nearly $1bn
The Zimbabwean government overran its 2016 national budget by close to US$1bn, says Finance and Economic Development Minister Patrick Chinamasa. → Read More
Zim inflation makes surprise U-turn
Zimbabwe’s inflation made a surprise U-turn in June, giving respite to the Reserve Bank of Zimbabwe whose currency initiatives have been blamed for the upward trend in inflation. → Read More
Zim frets over declining tourist arrivals from SA
The Zimbabwe Tourism Authority has flagged concern over the declining levels of tourist arrivals from South Africa in a recent report. → Read More
Zim's economic activity to remain subdued
The International Monetary Fund says economic activity in Zimbabwe is projected to remain subdued, unless reforms are implemented. → Read More