Agro-industrial group CFI Holdings traded at 31.05 cents, 41 percent above Stalap’s minority offer price of 22 cents, raising the possibility of a bidding war among shareholders defending their interests in the agro-industrial group.
A Zimbabwean farmers’ union leader warned white South African farmers they should agree a deal to share land with the black majority before they suffer the same fate as neighbours in Zimbabwe who were violently removed from their properties.
Movement for Democratic Change-Tsvangirai Shadow Minister of Finance Tapiwa Mashakada has commended Finance Minister Patrick Chinamasa for his hard work and said if other government ministers worked as hard as him, Zimbabwe would turn around.
The Zimbabwe Stock Exchange industrial index advanced 0.82 percent to close the week on 200.04 points, its highest point in 30 months.
The Mujuru camp in 2007 sought United States help to remove President Robert Mugabe at the Zimbabwe African National Union-Patriotic Front extraordinary congress which Solomon Mujuru had demanded to stop Mugabe contesting as president again.
Beverage giant Delta Corporation yesterday reported a two percent increase in revenue for the first quarter to June 30 relative to the comparable period last year driven by volume growth in most segments.