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1-10 results from 167 for query «fidelity»

December 11, 2018 2:39 AM Dodgy lawyers cost law society $4 million

The Law Society of Zimbabwe (LSZ) has turned to insurance as it struggles to pay claims of over $4 million as a result of theft, fraud, forgery and or dishonest practices by lawyers with 16 having been placed under curatorship this year. The LSZ administers a fund whose purpose is to compensate members of the public who would have incurred losses due to theft 8

December 7, 2018 5:58 AM Suspended RBZ director in the dock

Suspended Reserve Bank of Zimbabwe (RBZ) director for the Financial Intelligence Unit, Mirirai Chiremba, yesterday appeared in court for criminal abuse of duty for allegedly raising the withdrawal limit of a company without following procedure. Harare magistrate Ms Rumbidzai Mugwagwa remanded Chiremba out of custody to January 10, 2019 on $6 000 bail. His other 88

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 37

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 34

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 58

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 28

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 100

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 23

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 29

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 79