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1-10 results from 1000 for query «percent»

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 67

January 10, 2019 5:28 AM Grand fuel heist in Zimbabwe?

Zimbabwe consumed almost 480 million more litres of petrol and diesel in six months between June and November last year than in the same period in 2017, a gargantuan 77 percent extra, at an additional foreign currency cost of more than US$200 million. Figures released by the Ministry of Energy and Power Development show that consumption of diesel and petrol 59

January 7, 2019 10:30 AM Safari operator sues bank for auctioned property

A prominent safari operator in the Gwayi Conservancy has approached the High Court challenging the attachment and auctioning of his $70 000 car and household property by the National Merchant Bank (NMB) Bank Limited over a debt of $1 586. Mr Headman Sibanda is seeking $91 036 compensation from NMB Bank Limited for damages incurred when his property was attached 29

January 6, 2019 4:48 PM Poor funding stymies digital TV switch

Meagre budget allocations are delaying Zimbabwe’s switch to digital television from the traditional analogue signals. Settlement Chikwinya, the acting chairperson of the Parliamentary portfolio committee on Information, Publicity and Media Services said there was a shortfall of about $62 million in the ministry’s bid of $100 million for the completion 25

January 4, 2019 12:11 PM Delta reverses forex decision

Zimbabwe’s largest brewing company Delta Beverages, part owned by Anheuser-Busch Inbev, said it has abandoned a plan to only accept hard currency payments to cope with a crippling shortage of U.S. dollars, after the government intervened. Delta Beverages announced on Wednesday that it would only take payments in U.S. currency and would no longer accept 23

January 3, 2019 5:25 PM UK shames Zim embassy

Government was yesterday left with egg on its face after Zimbabwe’s embassy in the United Kingdom was named among 23 diplomatic missions that are not paying their rates. The diplomatic missions now owe the British taxman more than £1,5 million in unpaid business rates, which should have been paid on December 31, 2017. Out of the 23 named foreign missions 32

December 31, 2018 6:21 AM Residents owe Chitungwiza $70,2m

Chitungwiza Municipality’s ability to deliver services has been compromised by the increase in the money it is now owed by ratepayers, which has increased from $65,5 million in August to $70,2 million. Commercial clients owe the local authority $27,4, while residents owe $42,8 million. Finance director Mrs Evangelista Machona said council operations 23

December 29, 2018 9:28 AM Michelle Obama tops Hillary Clinton as US’ most admired woman

Former United States first lady Hillary Clinton’s 17-year run as the woman Americans admire most is over. Another former first lady, Michelle Obama, has deposed Clinton as America’s most admired woman, according to a Gallup poll published on Thursday. Former president Barack Obama was named the man Americans admire most for the 11th year in a row, Gallup 21

December 28, 2018 4:52 PM Delta appoints new non-executive directors

Delta Board of directors has appointed three new non-executive directors to join the panel. In a statement, Delta chairperson Caanan Dube said Ema Fundira, Lucia Swartz and Richard Rivett-Carnac are the new non-executive directors who will effectively commence work from January 1, 2018. This also comes after Delta’s Africa Zone president resigned while 26

December 28, 2018 7:45 AM MTN settles $8.1 billion Nigeria case

MTN Group Limited shares jumped as much as 8,2 percent after the phone carrier settled allegations it illegally transferred $8,1 billion of funds out of Nigeria, ending a crisis that had threatened its operations in Africa’s most populous country. The Central Bank of Nigeria’s decision to clear MTN of wrongdoing in its repatriation of dividends over an eight-year 20