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5 best shares to buy in Zimbabwe

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African Distillers Limited is a Zimbabwean company that specialises in the manufacturing, distributing and marketing of an extensive portfolio of branded wines and spirits for the market in Zimbabwe.

The Zimbabwe Stock Exchange (ZSE) is the official exchange of Zimbabwe that features 57 companies across several different industries and sectors of the country, providing individual and institutional investors with an efficient market where they can buy, sell, and trade shares.

African Distillers Limited (ZSE: AFDS)

African Distillers Limited is a Zimbabwean company that specialises in the manufacturing, distributing and marketing of an extensive portfolio of branded wines and spirits for the market in Zimbabwe.

African Distillers currently trades at 100.0413 ZWL [2021/10/29] and since the beginning of the year, the company has gained an impressive 317% on its initial price valuation of 24.00 ZWL, subsequently ranking it 29th on the ZSE in terms of its performance.

Overall, African Distillers is the 35th most-traded share in the Zimbabwe Stock Exchange and shareholders are optimistic about this share in both the long- and short-term.

Delta Corporation Limited (ZSE: DLTA)

Delta Corporation Limited has been in operation since 1946 and it is a well-established Zimbabwean company that is involved in local and international brands of traditional beer, lager beer, and several other products.

Delta Corporation has investments that spread across several other associated companies involved in the production of cordials, spirits, wines, and juice drinks. DLTA shares are currently trading at 158.2491 ZWL [2021/10/29] and according to its year-to-date performance, it is ranked 15th on the ZSE.

Overall, Delta Corporation is the 7th most-traded share on the ZSE, according to Asktraders.com investors are optimistic about this stock knowing that it shows both long and short-term potential.

Axia Corporation Limited (ZSE: AXIA)

Axia Corporation Limited is a Zimbabwean company that is involved in retail, distribution, and logistic sectors in the country. Axia Corporation’s operations are spread across three separate business segments namely the Distribution Group Africa, TV Sales and Home, and Transerv.

The current price on Axia Corporation shares is 39.9575 ZWL [2021/10/29] and according to its year-to-date performance, AXIA shares are ranked 27th on the ZSE, with shareholders extremely optimistic about the short-term gains in the past month.

CFI Holdings Limited (ZSE: CFI)

CFI Holdings Limited is a Zimbabwean company with roots in the Farmer’s Cooperative Society which was established in 1908. CFI Holdings is the leading agro-based industrial holding company in Zimbabwe and its main purpose is the marketing of maize.

CFI shares currently trade at 49.30 ZWL [2021/10/29] and since the start of the year, CFI Holdings Limited has shown significant performance, having gained over 6,800% on its initial price of 0.7 ZWL.

CFI is one of the most desirable shares in the Zimbabwean market right now, both long-term and short-term.

Amalgamated Regional Trading (ART) Holdings Limited (ZSE: ARTD)

Amalgamated Regional Trading Holdings Limited (ART) is a holding company that consists of several manufacturing businesses in Zimbabwe. These businesses have operations that are spread across other regions including South Africa, Zimbabwe, Zambia, and Malawi.

The current price on ARTD shares is 10.0652 ZWL and since the beginning of the year, shares have gained 128% on their initial valuation at 4.4091 ZWL, which has ranked ARTD shares 44th on the ZSE where year-to-date performance is concerned.

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