Receive up-to-the-minute news updates on the hottest topics with NewsHub. Install now.

Search results

1-10 results from 1000 for query «index»

January 11, 2019 6:26 PM ZSE Top Ten Index swings into the black

The Zimbabwe Stock Exchange (ZSE) swung back into the black in the mid-week session after its top ten index put on a marginal 0,07 percent to close at 140,96 points, following a weak start to the second week of 2019. After opening the new year in losses as three of the benchmark indices took a knock, losses on the bourse recorded by Econet and Innscor 398

January 9, 2019 3:46 PM World’s richest man Jeff Bezos divorces

Amazon CEO Jeff Bezos and his wife, MacKenzie, are to divorce after a 25-year marriage. The pair announced the move in a joint statement on Wednesday on Twitter. “After a long period of loving exploration and trial separation, we have decided to divorce and continue our shared lives as friends,” the couple said in the statement. Amazon, formed 25 years 266

October 15, 2018 4:19 PM Worry over inflation pressures

Renowned US economist Steve Hanke said Zimbabwe’s 2018 cumulative inflation hit 155,8 percent as of October 12. According to Hanke’s projections, the first country with highest inflation in the world is Venezuela, at 2 500 000 percent, followed by Iran at 273 percent and Zimbabwe at 155,8 percent. “My weekly world inflation roundup: New to the list is Zimbabwe 30

October 5, 2018 7:15 AM Judge faces sack over ‘bereavement’ bribe

A senior Nigerian judge falsely claimed he had suffered a bereavement to get cash from litigants and lawyers appearing in his court, the country’s main judicial body said on Thursday. James Agbadu-Fishim “received various sums of money from litigants and lawyers that had cases before him and some influential Nigerians under the false pretence that he was bereaved 46

September 15, 2018 8:37 PM Who is Professor Mthuli Ncube?

Professor Mthuli Ncube is a financial, economics, investment, and public policy expert. He has vast experience and worked in the private sector, public sector, academia, and international financial institutions. He is a citizen of Zimbabwe. Professor Ncube divided his time between the private sector in Switzerland and academia in the United Kingdom 45

August 8, 2018 4:34 PM Corruption still a big problem

The recent arrest of Harare businessman Wicknell Chivayo has thrust the spotlight back on President Emmerson Mnangagwa’s corruption fight. Chivayo was arrested last week on corruption charges while trying to flee the country when he had gotten wind that law enforcement agents were looking for him. The controversial businessman and his company — Intratek 55

July 24, 2018 3:25 PM ZSE surge persists as polls approach

The Zimbabwe Stock Exchange (ZSE) defied the edgy election mood last week, ending the session with the mainstream All Share Index soaring 2,75 percent to 117,29 points while the Industrials added 2,84 percent to 394,35 points which was 2,06 points shy of the year high of 396,41 points. Equities research firm EFE Securities said the 3,40 percent rise in the Top Ten Index 45

April 10, 2018 2:51 PM ZSE closes week in the black

The Zimbabwe Stock Exchange (ZSE) closed last week in the black as indices remained flat with the Top Ten Index marginally rising. The Top Ten Index was buoyed by gains in heavies Delta, Econet and Old Mutual, gaining a marginal 0,07 percent despite losses in conglomerate Innscor as gains in the trio managed to maintain the index in the black 54

March 18, 2018 5:31 AM ZSE continues to record marginal losses

HARARE — The Zimbabwe Stock Exchange All-Share Index dropped a marginal 0,06% to close at 86,2 points as profit taking continues on the local bourse. Trading in heavyweights was generally low in the week with Econet recording a gain of 1,04% to close at 67,7 cents while Delta and Innscor remained unchanged at 156 cents and 93,5 cents respectively 41

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 44