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1-10 results from 1000 for query «stock»

January 14, 2019 9:48 AM Masiyiwa’s fortune rises to US$2.3bn

Buffeted by plunging stock prices and weaker currencies, the number of African billionaires has shrunk to just 20, down from 23 a year ago. Four people fell off Forbes’ annual list of the continent’s richest since last year while one returned to the ranks after a four-year absence. All but four members of the list have smaller fortunes than a year ago. For the eighth 446

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 397

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 265

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 63

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 71

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 55

December 17, 2018 6:59 AM Petrol fire kills Victoria Falls mechanic

A mechanic (37) was burnt and later died after drums of petrol he was keeping at his workshop for resale on the black market caught fire in Victoria Falls. Tapinda Whisper Muzvidzva who operated a panel beating shop but had turned the premises into a petrol warehouse feeding the black market was rushed to Victoria Falls Hospital and was later transferred 54

December 13, 2018 5:50 AM South African artist Ayanda Mabulu arrested over ‘blame it on the boers’ painting

Controversial artist Ayanda Mabulu, 37, was arrested outside the Johannesburg Stock Exchange (JSE) on Wednesday, following a display of his artwork stating, “blame it on the boers”. “I am here to represent and speak on behalf of the highly undermined black people who are constantly being robbed by white monopoly capital,” he told News24 outside the JSE. “It’s a call to say if a black 38

December 12, 2018 9:00 AM Teacher up for stock theft

A Zhombe teacher has appeared before a Kwekwe magistrate facing three counts of stealing livestock from villagers. Thomas Mhaka (46) a teacher at St Mary’s Deporis Primary School in Zhombe appeared together with two other accomplices, Mphathisi Nsingo (39) and Nqabutho Nduna (30) before Kwekwe magistrate, Mr Tayengwa Sangster facing stock theft charges 35

December 4, 2018 5:45 AM Simbisa makes executive changes

Fast food chain, Simbisa Brands, has appointed Mr Baldwin Guchu as the group’s new finance director effective from December 1, 2018. He replaces Mr Salim Eceolaza who has been assigned the position of managing director of Simbisa Brands in Kenya. “The chairman of the board of directors announces the resignation of Mr Salim Eceolaza from the board of directors 37