Lynton-Edwards Stockbrokers

Lynton-Edwards Stockbrokers A member of the Zimbabwe Stock Exchange.

Lynton-Edwards was founded in 2004 to meet the growing needs of both international and local investors, embracing excellence in ex*****on and a personalised service as its hallmarks. Over the years Lynton-Edwards has grown in prominence, and today represents a diverse client base of investors, who benefit from our professional and results-driven philosophy.

05/07/2017

NRZ shortlists bids for recapitalisation: South Africa’s state-owned freight and logistics company Transnet has submitted a bid to partner Zimbabwe’s state-owned National Railways of Zimbabwe in a deal worth $400m. Transnet in partnership with the Diaspora Infrastructure Development Group is one of the 5 potential bidders for the $400m National Railways of Zimbabwe recapitalisation tender. The other companies that were http://dlvr.it/PSJrs8

04/07/2017

Zamco assumes $32 mln Star Africa debt: The country’s $1 bln gold production sector is under threat from the Minamata Convention that seeks to ban the use of mercury, a major chemical used by artisanal miners to trap the mineral from ore. The Minamata Convention is calling for the phasing out of new mercury sources and the existing ones due to the http://dlvr.it/PS4N0B

03/07/2017

RBZ’s update on export incentive: RBZ is expected to dole out a chunky $175 million to local exporters under the bond notes export incentive scheme introduced towards the end of last year. Though $60 million has since been paid out $15 million remains outstanding and will be liquidated in monthly installments. Export incentives on to***co, gold and Diaspora remittances are http://dlvr.it/PRqGqv

30/06/2017

Bindura FY17 results: Bindura released its results for the year ended 31 March 2017 showing an increase in turnover to $45.1 mln from $42.2 mln and flat profit after tax at $609,961 from $649,070 prior year. Nickel production increased to 6,762 tonnes from 6,621 tonnes while sales increased to 6, 705 tonnes from 6,613 tonnes. There was a http://dlvr.it/PR8xNy

29/06/2017

ZHL Q1 profits up 48%: General Beltings Holding’s revenue in the first quarter was 20% up on prior comparable period while overall total volume was static at 365 tonnes. Group managing director Willbroad Tsuroh in a trading update at the company’s annual general meeting said the company remains in a loss making position because of a 38% reduction in prices http://dlvr.it/PQvnJD

28/06/2017

Liquid Telecoms is set to launch a $700 million bond: Liquid Telecoms is set to launch a $700 million bond and long-term financing package to support the group’s existing debt and growth strategy.The Pan-African telecommunications group said the funding would be raised through its subsidiary, Liquid Telecommunications Financing Plc. It is hoped that the funds from the new financing would support Liquid Telecom as it http://dlvr.it/PQdSVn

27/06/2017

RioZim losses battle on Trust Bank debt: RioZim Limited has lost its legal battle to have the loan it obtained from Trust Bank reduced to $500 000 from $1,8 million after the High Court reversed a default judgment the mining company had secured against the bank. Trust had in 2013 obtained a court order against RioZim for $1,8 million plus interest, which the bank http://dlvr.it/PQN7Xv

26/06/2017

ZSE opens week positive with a 0.98% gain: ZSE opens week positive with the main Industrials Index recording a 0.98% gain to close at 193.02 points. Turnover for the day was healthy at $1.939 million with the bulk of $805,000 going into Delta. The counter closed up a marginal 0.24% to 125.79 cents. http://dlvr.it/PQB0st

26/06/2017

Zimbabwe’s domestic debt at $4.3bln: Zimbabwe’s economy remains fragile with a precarious level of public debt during the year to March rising to over $11 billion, the Parliament Budget Office said in its latest report. Zimbabwe’s domestic debt rose 40 percent to $4.3 billion, with external debt standing at $7.5 billion or 53 percent of GDP. - Daily News, 26 http://dlvr.it/PQ7WbF

22/06/2017

To***co rakes in $470 million: Zimbabwe has earned $470 million from the sale of 161 million kilogrammes of to***co since the 2017 selling season opened on March 15 this year. According to the figures that the To***co Industry and Marketing Board released on day 63 of sales, the golden leaf is being sold at an average price of $2,92 per kg. During http://dlvr.it/PP9pLR

Address

129 Kwame Nkrumah Avenue
Harare

Opening Hours

Monday 08:00 - 16:00
Tuesday 08:00 - 16:00
Wednesday 08:00 - 16:00
Thursday 08:00 - 16:00
Friday 08:00 - 16:00

Telephone

+263 (4) 796 486

Website

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