adminTongaat shareholders advised to sell, even for 1c per share
Tongaat Hulett’s thousands of shareholders should sell their shares in the financially-distressed suspended JSE-listed sugar producer and property developer — even for 1 cent per share — to limit their losses, says an analyst.
CUT blossoms into export powerhouse with ZimTrade’s help
Chinhoyi University of Technology (CUT), once solely focused on education, is now making waves in the world of international trade thanks to a fruitful partnership with ZimTrade, Zimbabwe’s national trade development and promotion organisation.
Telcoms sector to ride on rapid demand for services
TELECOMMUNICATION companies say they expect to increase their investments in 2024 on the back of an anticipated surge in telecommunications and ICT services demand.
Manikai appointed new National Foods board chair
National Foods Holdings, a Victoria Falls Stock Exchange (VFEX) listed firm, announced that Edwin Manikai is the new board chairman after the resignation of Mr Todd Moyo from the position effective January 24.
Business law: Breach, dispute resolution in contracts
Breach and disputes in contracts including commercial contracts are common in everyday life. In this article I look at providing for breach and disputes in contracts or agreements.
Tesla to build new model
Tesla is to start production of a new mass market electric vehicle code-named “Redwood” in mid-2025, according to people quoted by Reuters, with two of them describing the model as a compact crossover.
Invictus Energy launches entitlement offer
INVICTUS Energy has launched an entitlement issue for ordinary shares to all eligible shareholders following a private placement that raised over AUS$15 million (equivalent to US$10,2 million) to fund continued exploration and development activities in Zimbabwe.
Ivory Coast raises US$2,6bn in eurobonds
Ivory Coast successfully raised $2.6 billion through two bonds with respective maturities of nine and 13 years in its first return to the international eurobonds market after two years of absence, the government said in a statement on Tuesday.
Multi-billion-rand project delayed again
The organised construction industry has expressed serious doubt about the reasons provided by the Border Management Agency (BMA) for the extension of the date for the submission of bids for a multi-billion-rand South African border posts redevelopment project.
Cholera vaccination begins Monday
The Herald – Government will next Monday begin the roll-out of a Cholera vaccination campaign to prevent the spread of the diarrhoea disease that has affected over 20 000 people…