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

Search results

1-10 results from 1000 for query «shares»

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 71

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

December 27, 2018 2:22 AM ZIMRA claims taxes in Zimbabwe not high

The Zimbabwe Revenue Authority (Zimra) says Zimbabweans are not highly taxed as claimed by some sections of society. Most of these taxes compare favourably with the rest of Sub-Saharan countries, Zimra Commissioner General Ms Faith Mazani, said this last week while fielding questions after unpacking the Authority’s five-year strategy (2019-2023). Ms Mazani 23

December 19, 2018 11:20 AM Cassava makes history. . . enters Zim market at US$3,8 billion

Cassava SmarTech Zimbabwe made history yesterday when it debuted in the market at a price of $1,50 per share, valuing the company at $3,8 billion. It immediately became Zimbabwe’s third most valuable company after Delta and Econet Wireless. By any measure this is easily the largest public listing in Zimbabwe’s history and the first listing in three years 17

November 25, 2018 3:46 PM How Pokello replacement ‘helped Elikem find God’

While all eyes have been on his impending divorce from Zimbabwean socialite Pokello Nare, Ghanaian heartthrob Elikem Kumordzie says that the woman who replaced his soon to be ex-wife has added immense in his life, helping him find the importance of prayer and God. After their glamorous marriage which started with flirtation on the Big Brother show in which 29

November 23, 2018 2:58 PM Elikem finds new love in Zimbabwe

Socialite Pokello Nare’s ex-husband Elikem Kumordzie said he was happy to have finally found a woman who brought him closer to God. Although Elikem has not revealed the name or the face of his new love, he has confirmed that she is from Zimbabwe, and has so far only shown the hands of his new lady. Elikem and Pokello are currently involved in a divorce 23

November 1, 2018 9:55 AM Baba Harare to stage maiden family gig

It will be an exciting family day when man-of-the-moment Baba Harare shares the stage with Juntal at Tanza Centre in Chitungwiza on Sunday. It will be Baba Harare’s first big family show since his song “The Reason Why” – popularly known as “Heti Dzemurara” – became a hit. He will go for the big show joining hands with Juntal who is slowly making his way up the ladder 38

October 20, 2018 8:02 AM Khashoggi crisis shines light on Saudi ties to Silicon Valley

The crisis surrounding the disappearance of journalist Jamal Khashoggi, and concerns that he may have been killed in the Saudi consulate in Turkey, has highlighted the role of the Middle East kingdom in the US economy, especially in Silicon Valley. Saudi money has been a key source of capital for startups and other technology firms in recent years, led by the huge Saudi 27

October 17, 2018 7:43 PM Nedbank buying back shares from minority shareholders

NEDBANK Group (Nedbank) says it will pay R2 billion (approximately US$139,6 million) to minority shareholders inherited from Old Mutual. The South Africa-based financial institution, which owns Nedbank Zimbabwe, yesterday said it is buying back its stock from shareholders who hold less than 100 shares as a result of the unbundling by its biggest shareholder 32

October 15, 2018 11:40 AM Fine for beating up lover

A cheating man has been fined $100 for assaulting his live-in girlfriend after she reprimanded him for bringing another girlfriend in their home. A court heard that Freedom Phiri (23) of Tshabalala suburb brought one of his girlfriends to the same house that he shares with his girlfriend Melda Sibanda (26). Phiri pleaded guilty to assault charges before 19