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1-10 results from 165 for query «fidelity»

August 30, 2018 10:56 AM Ex-manager in $4,5m fraud storm

Former Fidelity Life Assurance of Zimbabwe finance and project director German Mushoma appeared in court yesterday facing 27 counts of fraud after he allegedly stole $4,5 million, which was supposed to be used to fund company projects. The complainant in the case is the acting managing director Mr Nyaradzo Matindike. Mushoma appeared before Harare magistrate 32

August 28, 2018 9:51 AM Top Harare lawyer Rubaya granted bail

A senior Harare lawyer Admire Rubaya, who was arrested on allegations of obstructing the course of justice, was on Saturday released on $500 bail. Rubaya appeared before Mr Elijah Makomo at the Bulawayo Magistrates Court and was freed after his team of lawyers led by Advocate Thabani Mpofu convinced the court that he was a proper candidate for bail. It is alleged 32

May 11, 2018 7:16 AM Fidelity earns $23,4m from stand sales

Diversified insurance group, Fidelity Life Assurance of Zimbabwe realised $23,4 million from sale of stands at its Southview Park project in the financial year 2017. According to the group’s financial results for the year to December 31, 2017, this was a 4 percent decline from prior year’s $24,2 million. “Sales of stands for the Southview Park project 47

February 18, 2018 2:50 AM ZSE extends seven-week losing streak

HARARE — The Zimbabwe Stock Exchange All Shares index extended the seven-week losing streak after dropping a further 1,32% in the week to close at 88,86 points. The top 10 indexes also lost 1,61% to settle at 88,86 points on losses recorded by several heavyweight counters. Market capitalisation fell 1,33% in the week to close at $8,46 billion from $8,58 billion 27

January 14, 2018 5:00 AM Profit taking big counters dampen ZSE

HARARE — The Zimbabwe Stock Exchange (ZSE) All Share Index widened its losses in the second week, dropping 2,97% to close at 94,69 points as profit taking continues to dampen the local bourse. The top 10 index lost 3,34% to settle at 94,4 points, mirroring the profit taking in heavyweight counters. Market capitalisation fell 2,97% in the week to close 95

October 29, 2017 2:30 AM ZSE bull run cools down in the week

HARARE — Profit-taking in selected counters saw the Zimbabwe Stock Exchange’s main industrial index losing 0,66%to close the week on 514,3 points, on losses in selected heavyweight counters. The mining index, however, gained 6,5% to close at 137,25 points, on gains recorded by Bindura in the week. Market capitalisation declined by 0,56% in the week to close 21

September 3, 2017 3:24 AM ZSE hits record highs

HARARE — The Zimbabwe Stock Exchange industrial index advanced 15,64% in August to 235,03 points, the highest since dollarisation, driven by the gains in all heavyweights. In the year to date, both the mainstream and resource indices increased by 62,62% and 25,57% respectively. The market capitalisation also reached a new high since dollarisation after 26

August 8, 2017 4:16 PM The real-time motion capture behind ‘Hellblade’

How a tiny team in Cambridge, England, brought Senua to life. Hellblade is built on Epic Games' Unreal Engine. In early 2016, Kim Libreri, the company's CTO, visited Ninja Theory's offices to see how its latest project was progressing. Before joining Epic, Libreri was Chief Strategy Officer at Lucasfilm and worked on visual effects for more than 25 films 72

August 3, 2017 12:25 AM $300 million bond notes! Reserve Bank extends export incentive scheme

RBZ Governor Dr John Mangudya announced the new package yesterday in his 2017 mid-term monetary policy statement which also contains a cocktail of measures meant to bolster export-oriented production and overall economic growth. He said Zimbabwe must produce and create exports, adding that foreign exchange must be earned and spent wisely. “There is no substitute 58

July 18, 2017 3:01 AM Convicted armed robber has 15 previous convictions dating back to 1979

HARARE regional magistrate Hosea Mujaya yesterday heard that Charles Nyandoro, one of the 12 convicted armed robbers, who attempted to rob gold-carrying vehicles from Ayrshire Mine in Banket in August 2015, is a notorious robber with 15 previous convictions dating back to 1979. Nyandoro and his accomplices were nabbed after they waylaid security vehicles 13