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Charting the optimal path for Zimbabwe's development REITs
This discourse delves into three principal governance models: the trustee-fund manager model, the board of directors approach, and the trustee-advisory board model.In the intricate landscape o...Published: 09 Jun 2024 at 09:13hrs | 2 | by Bekithemba Mpofu
Zimbabwe capital markets conferences set for SA
FINANCIAL Markets Indaba (FMI), in partnership with the Victoria Falls Stock Exchange (VFEX) is set to co-host two Zimbabwe capital markets conferences in South Africa next month, NewsDay Business can...Published: 22 Mar 2024 at 09:38hrs | 3 | by Staff reporter
Lake Mutirikwi hydro power plant nears completion
THE US$14,6 million hydro power plant that has a rated output of five megawatts of electricity that will be added to the national grid is now 70 percent complete and is expected to be commissioned in ...Published: 03 Mar 2024 at 08:45hrs | 2 | by Staff reporter
Unlocking Green Energy Funding: A Closer Look at KOB Business Solutions' Unique Approach
In a world that is increasingly embracing sustainability and environmental consciousness, the need for green energy projects is more critical than ever. KOB Business Solutions, a company established i...Published: 26 Oct 2023 at 08:04hrs | 2 | by Nicholas Ncube
China takes next step in currency globalisation
China's gradual internationalisation of its currency will shift to its next leg on Monday when about two dozen Chinese companies start trading in their home currency in Hong Kong's stock market....Published: 19 Jun 2023 at 06:38hrs | 1 | by Staff reporter
Edd Branson pushes for Africa Municipal Bond Conference
Edd Branson, in his capacity as Chairman of the Afri-USA Business Initiative, has announced that the group will be holding an Africa Bond Conference, which is aimed at discussing innovative ways of fu...Published: 15 May 2023 at 07:55hrs | 1 | by Nkululeko Nkomo
Zimbabwean companies descend on the London Stock Exchange
Zimbabwean companies and corporate executives from home and in the diaspora will tomorrow descend on the London Stock Exchange (LSE) - one of the world's biggest bourses in the world with a market cap...Published: 19 Apr 2023 at 20:39hrs | 5 | by Staff reporter
Zanu PF launches 'Zimbabwe is open for business: Mark 2' Someone is making a killing from these dunderheads!
The Zanu PF spirit to revive the Zimbabwe economy is willing but the intellect is weak!When then Vice President Emmerson Mnangagwa and his fellow conspirator staged the November 2017 military ...Published: 08 Mar 2023 at 20:07hrs | | by Nomusa Garikai
Zimbabwe to woo capital markets investors in London
ZIMBABWEAN government officials and corporate leaders are gearing for a major capital markets conference in London, United Kingdom, during the last week of next month to mobilise private capital to fi...Published: 08 Mar 2023 at 05:27hrs | | by Staff reporter
Zimbabwe strikes gold in US
President Mnangagwa returned home triumphantly from the United States (US) yesterday where he received the backing of dozens of African countries for the unconditional removal of illegal sanctions imp...Published: 28 Sep 2022 at 05:55hrs | 3 | by Staff reporter
Billions vanish from Zimbabwe govt coffers?
MILLIONS of United States dollars and billions in local currency have vanished from government coffers due to accounting malpractices and breach of protocol, with no paper trail to back the spending....Published: 22 Sep 2022 at 06:02hrs | 2 | by Staff reporter
Foreign banks troop to Zimbabwe forex auction
UNITED States-based multinational investment outfit JP Morgan was among global lenders that repatriated a combined US$30 million through the Reserve Bank of Zimbabwe (RBZ)'s forex auction system by th...Published: 13 May 2022 at 19:10hrs | 1 | by Staff reporter
Victoria Falls Stock Exchange struggles to win over foreigners
Zimbabwe's dollar-only stock exchange, established almost two years ago in the resort city of Victoria Falls, is struggling to win over foreign investors haunted by previous struggles to repatriate ha...Published: 10 Mar 2022 at 17:35hrs | 5 | by Staff reporter
Zinara to disburse $16bn
THE Zimbabwe National Road Administration (Zinara) will this year disburse $16 billion to road authorities to facilitate the ongoing countrywide road rehabilitation programme. This figure is an increa...Published: 23 Jan 2022 at 07:59hrs | 2 | by Staff reporter
Companies struggle to raise US$2 billion
ZIMBABWE'S manufacturing companies have struggled to raise about US$2 billion in fresh capital to drive production back to pre-crisis levels, industry data indicated this week, as executives warned th...Published: 23 Jul 2021 at 08:53hrs | 4 | by Staff reporter
Mthuli Ncube pushes walls to save Victoria Falls Stock Exchange
FINANCE minister Mthuli Ncube this week pumped up fresh incentives to attract companies to list on the United States dollar-denominated Victoria Falls Stock Exchange (VFEX), which has entered it...Published: 14 May 2021 at 08:41hrs | 1 | by Staff Reporter
Zimbabwe's breakneck inflation rate slows
ZIMBABWE'S breakneck inflation rate is slowing and that's prompting signs of normalcy in the local stock market.In the southern African nation's topsy-turvy markets, stocks have proved a haven...Published: 06 May 2021 at 19:25hrs | | by Staff reporter
Zimbabwe govt caves in to market pressure
THE Zimbabwean government has caved in to market demands for valuation of the two suspended formally dually-traded securities, Old Mutual and PPC, to be valued according to the closing prices of the t...Published: 30 Apr 2021 at 07:27hrs | 2 | by Staff reporter
Tremors shake Old Mutual SA after ZSE clampdown
JOHANNESBURG Securities Exchange (JSE) listed financial services powerhouse Old Mutual Limited (OML) says crucial negotiations were underway to strike a deal with Harare following the suspension of it...Published: 28 Mar 2021 at 06:58hrs | 16 | by Staff reporter
Zimnat's Farai Gwaka elected AIMZ chairman
Zimnat Asset Management's Farai Gwaka was elected chairman of AIMZ for the coming year, taking over from ABC Asset Management's Jubelah Magutakuona, who has held the post for two terms. H...Published: 15 Dec 2020 at 11:30hrs | 3 | by Staff reporter
'Measures to insulate Zimdollar against erosion sustainable'
Measures put in place to insulate the local currency against erosion are sustainable beyond the lockdown, Finance and Economic Development Minister Professor Mthuli Ncube has said, despite the reopeni...Published: 26 Oct 2020 at 06:39hrs | | by Staff reporter
Mnangagwa ups re-engagement drive with UK, Diaspora
Since the coming in of the new political dispensation, Zimbabwe has set its eyes on re-engagement. One of the critical countries that Zimbabwe has set its eyes on is the United Kingdom, the former col...Published: 27 Jul 2019 at 16:18hrs | 1 | by Isdore Guvamombe
American billionaire Tudor Jones flies into Zimbabwe
Sixty-four-year-old American billionaire - founder of Tudor Investment Corporation and Hedge fund manager - Paul Tudor Jones II landed at Buffalo Range Airport in Chiredzi yesterday afternoon aboard a...Published: 21 Jun 2019 at 07:22hrs | 1 | by Staff reporter
Understanding Day Trading and If It's Right for You
Most people who drift off and have thoughts of quitting their job during a stressful day and trading stocks for a living are daydreaming about day trading. Careless or inexperienced traders can lose t...Published: 12 Apr 2019 at 10:28hrs | 13 | by Staff Writer
African investors shun Xenophobia...head to Zimbabwe
President Emmerson Mnangagwa's government has attracted an array of international investors who have signed mega deals without any tangibles on the ground. In a recent show of confidence, Afri...Published: 31 Mar 2019 at 13:14hrs | 3 | by Mandla Ndlovu
Dear President Mnangagwa, our demands are simple
Dear Mr President,Let's start by talking about what's important to Zimbabweans.The things Zimbabweans demand are not complicated. They are not anything out of the ordinary.They...Published: 14 Jan 2019 at 22:58hrs | 1 | by newZWire
'ZSE downward trend likely to persist'
The downward trend that has characterised the Zimbabwe Stock Exchange since October last year is likely to persist in 2019 as the allure of protecting value wears off, analysts have said.The Z...Published: 06 Jan 2019 at 09:47hrs | 1 | by Staff reporter
Strive Masiyiwa's Econet stranglehold challenged as shareholder tussle breaks out
AFTER years of brutal hyperinflation, Zimbabwe became known as a place where cash was almost worthless. Now, investors are fighting over EcoCash, the country's homegrown PayPal-like service that has z...Published: 03 Jan 2019 at 09:32hrs | 1 | by Gabriele Steinhauser I The Wall Street Journal
Mthuli Ncube's budget: The good, bad and ugly
In September, while meeting fund managers in New York, Finance minister Mthuli Ncube said what the economy needed was a "big bang", a shock to the system. A week later, he brought that big bang; on th...Published: 26 Nov 2018 at 06:08hrs | 4 | by NewZWire
Strive Masiyiwa upbeat about Econet offshoot
Econet Wireless founder Strive Masiyiwa says spinning off Cassava Smartech from the telecoms business will attract a different type of investor to the ones who have traditionally invested in the telec...Published: 25 Nov 2018 at 08:38hrs | 1 | by Staff reporter
Capital gains tax choking Zimbabwe investors
Underperformance of the Zimbabwe Stock Exchange and huge voids in the property sector has seen most insurance companies reducing their exposure to traditional assetsTHE 1% capital gains withho...Published: 26 Oct 2018 at 08:44hrs | 6 | by Staff reporter
Mnangagwa engages US on sanctions
Zimbabwe is engaging the Trump administration over economic sanctions Washington imposed on the country nearly two decades ago, in addition to working on ways to minimise their impact on ordinary peop...Published: 24 Sep 2018 at 09:52hrs | 1 | by Staff reporter
'Zimbabwe-US relations improve'
RELATIONS between Zimbabwe and the United States have significantly improved since the ushering in of the new dispensation last year, an indication that both countries are ready to open a new chapter ...Published: 06 Jul 2018 at 07:12hrs | 2 | by Staff rpeorter
British banker opens stockbroking firm in Zimbabwe
A consortium of British fund managers, led by Nigel Little, has been approved to open stockbroking firm in Zimbabwe, the ...Published: 05 Jul 2018 at 11:19hrs | 3 | by Staff reporter
Zim-born investment banker disrupting SA health sector
THE founder of the black-owned-and-managed healthcare listing - RH Bophelo - Quinton Zunga is a calculating investor and knows exactly what he wants.Chatting to the Zimbabwe-born investment ba...Published: 04 Jun 2018 at 15:21hrs | | by City Press
Mnangagwa to host investor round table
President Mnangagwa is expected to host an investor round table tomorrow that will be headlined by the attendance of UK Trade Commissioner for Africa in the Department of International Trade, Mrs Emma...Published: 03 Jun 2018 at 08:17hrs | 3 | by Staff Reporter
Zimbabwe courts New York fund managers
The Zimbabwe is open for business mantra has opened economic avenues for the country and to buttress this, the Office of the President and Cabinet (OPC) through its Special Advisor Ambassador Christop...Published: 26 May 2018 at 15:10hrs | 1 | by Staff reporter
Money and corruption in Zanu-PF
AFTER the release of Zanu-PF's list of aspiring candidates for parliament, we can now confirm that a record of fraud, crime and general crookedness is not a hurdle to one's political ambitions in the ...Published: 04 May 2018 at 08:14hrs | | by Staff reporter
Moyo in New York on a Wall Street charm offensive
Foreign Affairs and International Trade Minister Dr Sibusiso Moyo has said there has been tremendous progress under the new political administration led by President Mnangagwa, as Government has set o...Published: 17 Apr 2018 at 07:00hrs | | by Staff reporter
Zimbabwe list of externalisers includes Panama papers shell companies
Zimbabwe published a list of more than 1 800 individuals and companies last week that the government said illegally transferred money abroad, including several who appear in the Panama Papers....Published: 28 Mar 2018 at 13:33hrs | 1 | by Will Fitzgibbon
Mnangagwa's acid test
PRESIDENT Emmerson Mnangagwa's new administration faces its first stern test when it presents the 2018 National Budget next week.Tackling hostile investment laws, a growing current account def...Published: 30 Nov 2017 at 15:55hrs | 1 | by Staff reporter
Norton Mayor Thumbs-Up AusAid
Norton Zimbabwe - Her Worship the sitting Mayor of Norton Town, Clr Precious Mufahore, has commended the Australian Agency for International Development (AusAid) for bringing to an end over two decade...Published: 25 Oct 2017 at 21:35hrs | 3 | by Staff Reporter
ZimJustice expands legal team - ready to assist more unfairly treated workers faster
The Zimbabwe Network for Social Justice (ZimJustice) has expanded its legal team, in a drive to increase its capacity in offering free legal services to unfairly treated workers.This was neces...Published: 25 Sep 2017 at 09:14hrs | | by Tendai Ruben Mbofana
Billions held in impact investments in Africa
The 2016 African Investing for Impact Barometer shows that investments that seek to combine financial returns with positive social, environmental and/or governance outcomes are flourishing on the Afri...Published: 23 Jun 2017 at 09:56hrs | 2 | by Agencies
Aus Aid waste water treatment plant rehab ends pollution of Darwendale dam
AUSTRALIAN AGENCY FOR INTERNATIONAL DEVELOPMENT (Aus Aid) brought an end to over two decades of non-functionality of Norton Zimbabwe's sewer plant and pollution of Darwendale Dam, which the industrial...Published: 07 Jun 2017 at 12:32hrs | 1 | by Maxwell Teedzai
Investment summit on Zimbabwe to be held in Johannesburg
The 2nd Financial Markets Indaba, an investment summit on Zimbabwe is taking place on the 27th of October 2016 at the Hilton Hotel in Sandton, Johannesburg.With +20 C-suite speakers from South...Published: 17 Oct 2016 at 08:38hrs | 3 | by Business Reporter
Bond note jitters and investor fears hits the Zimbabwe Stock Exchange
A nosedive in turnover on the Zimbabwe Stock Exchange (ZSE) as well as apprehension over the introduction of local bond notes next month are worsening investor apprehension and denting confidence ...Published: 06 Sep 2016 at 18:44hrs | 3 | by Online
ZSE not attractive to investors, says Chinamasa
Finance Minister Patrick Chinamasa has said the Zimbabwe Stock Exchange is not attractive to foreign investors, hence a decline.On Tuesday, it registered trades of $104, the lowest value o...Published: 27 Jul 2016 at 12:33hrs | | by Thobekile Zhou
Zimbabwe's pensioners spooked
EIGHT years after Zimbabweans lost lifetime savings when the local currency succumbed to hyperinflation, fresh fears of a repeat of that episode abound.Worst hit by the demise of the Zimbabwe ...Published: 27 May 2016 at 09:27hrs | 1 | by Staff reporter
Zimbabwe dollar return a scare
There is a plethora of long term investments being sold to Zimbabweans including but not limited to pension funds, funeral, retirement, endowment, education and wealth funds. The future of these long ...Published: 20 Apr 2016 at 13:13hrs | | by Brian Sedze
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