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'Zimbabwe is unlikely to have a Ndebele President,' says CCC Spokesperson
Promise Mkwananzi, the spokesperson of the opposition Citizens Coalition for Change (CCC), asserted that the focus on tribalism diminishes the likelihood of having a Ndebele President. He made these r...Published: 29 Oct 2023 at 15:03hrs | 1 | by Staff reporter
Zimra delays Tanganda ZSE listing
TANGANDA Tea Limited's listing on the ZSE which was expected to take place on December 9 this year, has been pushed to a future date pending capital gains tax approval from the Zimbabwe Revenue Author...Published: 13 Dec 2021 at 07:04hrs | 8 | by Staff reporter
Campbell Musiwa: Chartered Accountant par excellence
Mr Campbell Musiwa holds a Bachelor of Accountancy Degree obtained from the University of Zimbabwe as well as a Masters in Business Leadership Degree from the University of South Africa.He qua...Published: 28 Nov 2021 at 07:44hrs | 8 | by Staff reporter
ZPRA veterans turn to Mohadi on seized properties
ZPRA veterans are now turning to Vice President Kembo Mohadi in their latest attempt to reclaim their property from the government.Their properties, now estimated to be worth billions of Unite...Published: 15 Oct 2020 at 21:43hrs | 1 | by Staff reporter
Econet swings to $106,4m loss after tax
Econet Wireless Zimbabwe Limited (EWZL) posted a loss after-tax of ZWL$106,4 million in the year ended February 28, 2019, from a profit after-tax of ZWL$132,3 million recorded in 2018 following the un...Published: 02 Jul 2019 at 08:30hrs | | by Staff reporter
Shares in Liquid are like $135m cash, says Mboweni
Econet Wireless Zimbabwe (EZW) CEO Douglas Mboweni has described the company's equity stake in Liquid Telecom Holdings, which is just under 10% as "a US$135 million forex reserve".Speaking abo...Published: 23 Dec 2018 at 10:25hrs | | by Staff reporter
Strive Masiyiwa grows business empire
ECONET Wireless founder Strive Masiyiwa this week consolidated his position as one of Zimbabwe's richest investors after his fintech company, Cassava SmarTech (CSZL), became the most valuable counter ...Published: 22 Dec 2018 at 19:10hrs | | by Staff reporter
Giant leap for Cassava
ECONET Wireless Zimbabwe's spin-off Cassava Smartech Zimbabwe Limited (CSZL) will finally list on the Zimbabwe Stock Exchange (ZSE) on Tuesday after the Strive Masiyiwa-owned telecommunications giant ...Published: 16 Dec 2018 at 10:50hrs | | by Staff reporter
Shareholders approve Cassava demerger, separate listing
SHAREHOLDERS of Econet Wireless have approved the demerger of Cassava SmarTech from Econet Wireless Zimbabwe Limited, paving the way for the listing of a new diversified technology business called Cas...Published: 03 Dec 2018 at 07:19hrs | | by Staff reporter
Econet share price tanks
ECONET Wireless Zimbabwe Limited's (EWZL) saw a 32,4% dip to its share price to $1,6531 as of the end of yesterday's trading as the market re-evaluated the company due to it unbundling its financial t...Published: 22 Nov 2018 at 06:04hrs | | by Staff reporter
Public funds unaccounted for in post-coup ministry mergers
The merger or demerger of government ministries after recent changes of government has made it difficult to account for assets and public funds, Auditor General Mildred Chiri has said.Merging ...Published: 17 Nov 2018 at 13:29hrs | | by Staff reporter
ZB Financial Holdings headed for split
THE ZB Financial Holdings (ZBFH) group is headed for a split amid indications that one of its major shareholder, Nicholas Vingirai wants out.Vingirai, who through his Transnational Holdings Li...Published: 12 Jan 2018 at 06:04hrs | | by Staff reporter
RBZ sets deadline for bank's demerger
THE Reserve Bank of Zimbabwe (RBZ) has set December 31, 2017, as the deadline for the separation of ZB Financial Holdings Limited (ZBFHL) from Intermarket Holdings Limited (IHL), which will see banker...Published: 11 Dec 2017 at 04:16hrs | | by Staff reporter
New ICSAZ president urges chartered secretaries to promote risk management
Recently elected Institute of Chartered Secretaries and Administrators in Zimbabwe president Richard Summers believes chartered secretaries should take the lead in adhering to good corporate governanc...Published: 18 Jun 2014 at 11:40hrs | | by Business Reporter
'Lifestyle Holdings will not collapse,' says Nyambirai
LIFESTYLE Holdings founder and group chief executive Mr Tawanda Nyambirai says his business empire will not collapse as he is working hard to realign his remaining businesses to the prevailing macro-e...Published: 14 Feb 2014 at 07:09hrs | | by Staff reporter
Lifestyle shareholders approve delisting from the ZSE
HARARE - Lifestyle Holdings shareholders voted in favour of a Scheme of Arrangement which shall see them owning shares in a Mauritius-based company with Lifestyle expected to delist from the ZSE, at a...Published: 15 Mar 2013 at 13:09hrs | | by Business reporter
Aico Africa moots business recapitalision through demerger
Aico Africa is currently undertaking a series of transactions which will result in all its SBUs being adequately capitalised through a possible demerger of the SBUs, chairman Bekithemba Nkomo told th...Published: 31 Aug 2012 at 05:31hrs | | by Business reporter
Meikles Africa using racist tactics to fire top black management
Meikles Africa Limited is allegedly using racist tactics to fire top black management workers in a move that has raised questions among stakeholders about the group’s commitment to t...Published: 07 Aug 2011 at 06:12hrs | 1 | by Mafu Sithabile
Kingdom want to re-list, seek shareholder approval
KINGDOM Financial Holdings Limited shareholders meet next month for a crucial Extraordinary General Meeting to approve the relisting of its shares on the Zimbabwe Stock Exchange.If the compa...Published: 15 Jun 2011 at 09:22hrs | | by Business Reporter
Kingdom and Meikles finally divorced
The acrimonious divorce between the flamboyant Kingdom Financial Holdings Limited (KFHL) Group and the wealthy Meikles Africa Limited (MAL) has now been completed - brining to an end among ...Published: 10 Mar 2011 at 04:43hrs | | by Byo24News
Kingdom de-merger awaits approval
THE final demerger of Kingdom Financial Holdings Limited from Meikles Limited is now awaiting regulatory approvals from the Ministry of Youth Development, Indigenisation and Empowerment.Meikle...Published: 19 Jan 2011 at 04:11hrs | 1 | by Byo24NEWS
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