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1-10 results from 1000 for query «stock»

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 2

October 8, 2018 2:43 PM Barclays name change comes into effect

Barclays Bank of Zimbabwe Limited shareholders have approved the change of the name of the company to First Capital Bank Limited effective today, on the Zimbabwe Stock Exchange. The decision was endorsed at an extraordinary general meeting held on July 3, 2018 at which meeting members unanimously resolved to approve the name change. Barclays’ company 18

October 5, 2018 9:14 AM Seed Co lists on Botswana bourse, ZSE

Zimbabwe’s largest seed maker Seed Co Limited’s partial unbundling comes to fruition today with the primary listing of spin-off Seed Co International on the Botswana Stock Exchange (BSE). Seed Co International will also get a secondary listing on the Zimbabwe Stock Exchange (ZSE), where the parent company already trades. According to a circular issued 18

September 28, 2018 7:05 AM Regulators accuse Tesla’s Elon Musk of securities fraud

The Securities and Exchange Commission has filed a lawsuit accusing Tesla boss Elon Musk of securities fraud. The US financial regulator says Mr Musk’s claims that he had secured funding to take the electric carmaker private were “false and misleading”. It is seeking to bar Mr Musk from acting as an officer or director of a publicly traded company 12

September 25, 2018 6:31 PM N. Richards opens new branch in Harare

The new Msasa branch is the fourth N. Richards Group branch in the capital city. The retail and wholesale giant, which has been in business for over eight decades, has two branches in Tynwald and another in Graniteside. According to N. Richards Group director Archie Dongo, the Msasa branch opening day was arguably the busiest the retail and wholesale 22

September 24, 2018 3:00 PM Bird flue threatens Innscor profit growth

Zimbabwean fast food group Innscor Africa has said it was in danger of breaking its streak of profit growth as it scrambles to deal with bird flu in its most lucrative market. The Zimbabwe-listed firm, which comprises in-house brands Chicken Inn and Pizza Inn and the Nando’s and Steers franchises, said that the latest deadly Avian flu outbreak had a significant 21

September 21, 2018 5:51 AM 24 cattle rustler arrested

A 34 year old man from Gwanda who has been on the run for about a year, has been arrested for allegedly stealing 24 head of cattle. Prince Dube of Nhwali area was intercepted by police officers while trying to sell the stolen cattle at an abattoir in Gwanda. He was not asked to plead when he appeared briefly before Gwanda magistrate, Miss Nomagugu Ncube 13

August 30, 2018 9:06 AM Econet launches EcoFarmer club

Econet Wireless Zimbabwe yesterday launched the EcoFarmer Club, which offers farmers access to a bundle of services that include agricultural commodity prices, valuable farming tips, relevant local weather information and a mobile trading platform which links farmers to buyers. Speaking at the launch of the EcoFarmer Club in Harare yesterday, Econet 32

August 21, 2018 7:00 AM Turkey thief jailed 10 years

An unrepentant Gutu herd boy in the habit of stealing turkeys and hiding in the mountains has been jailed for 10 years. Jabulani Bhotoro (27) of Makanda Village under Headman Gadzingo was initially slapped with a 15-year jail sentence by Gutu resident magistrate Mr Victor Mahamadi when he was convicted of four counts of stock theft on his own plea of guilty 29

August 16, 2018 12:46 PM 700 top cops reshuffled

The Zimbabwe Republic Police (ZRP) has reshuffled at least 700 senior officers from ranks between superintendent and senior assistant commissioner as part of an ongoing restructuring exercise. Of the 700, 128 are assistant commissioners and senior assistant commissioners while the rest are superintendents and chief superintendents. According to reports 19