News about Zimbabwe that you can use
Resources group RioZim’s major shareholder, GEM RioZim Investments has increased its shareholding in the company after taking up more than 20 million ordinary shares following a $10 million rights issue which was subscribed by 67 percent.
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Diversified concern Meikles Limited has reported a $34.4 million loss for the full year to March 31, 2014 from a profit of $37 million during the same period last year.
(203 VIEWS)
Zimbabwe’s former central bank governor Kombo Moyana has been appointed as board chair of the country’s Sovereign Wealth Fund.
(386 VIEWS)
London-listed junior miner Vast Resources says it is on course to meet its August target to deliver the first bullion from its Pickstone-Peerless gold mine which is set to deliver 10 000 ounces annually.
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Education Minister Lazarus Dokora says his ministry has not made any comment on the use of cell phones in schools because they are dysfunctional in a learning context.
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Bye-elections for Mwenezi East, Mbire and Marondera Central which became vacant after the expulsion from the Zimbabwe African National Union-Patriotic Front of Kudakwashe Bhasikiti, David Butau and Ray Kaukonde will be held on 19 September.
(297 VIEWS)
Zimbabwe’s central bank says the financial services sector is now safe and sound after hitherto weaker Metbank boosted its capital position to $31 million from $24.6 as at December, surpassing minimum capital requirements.
(259 VIEWS)
Zimbabwe’s historic automated trading platform took a false start today after technical glitches hit the country’s central securities depository dampening the much hyped launch, the Zimbabwe Stock Exchange has confirmed.
(233 VIEWS)
Telecel Zimbabwe, which is currently embroiled in a legal battle with government over the cancellation of its operating licence today said it had paid its licence fee for June as part of the $137.5 million it owes to government.
(220 VIEWS)
