CBZ’s ZSE rally: Here’s what key metrics show

CBZ Holdings has had a sterling run on the Zimbabwe Stock Exchange in 2020. As of yesterday the financial services giant was up 6 197,5 percent year-to-date.

‘Developing nations can’t ease up on Covid-19 now’

As Europe braces for a second wave of coronavirus that in parts of the continent looks to be more intensive than the first, it is tempting to assume that the developing world has gotten off lightly. In India, which has the world’s second-highest total of Covid-19 cases, the number of new infections has been trending downwards since September. Other large developing nations flattened their curves even earlier: Brazil peaked in August and South Africa in July.

Effects of customer reaction, experiences

 A famous marketing philosophy said, “There is only one thing worse than being talked about, and that is not being talked about.” One of the reasons the brilliant quote rings true is because of the concept of priming.

Mining as a lever for domestic resource mobilisation

As a concerned citizen, and a socio-economic justice activist, I am disturbed by how the pandemic, Covid-19, is piling more pressure on progress towards the realisation of socio-economic rights.

Old Mutual CEO reboots strategy

When Iain Williamson took over as chief executive officer of Old Mutual four months ago, Africa’s largest insurer was being hammered from all sides.

Sables launch rugby auction

THEIR entire 2020 season may have been bowled out by the Covid-19 pandemic, but the Zimbabwe senior rugby team has remained active off the field of play with the Sables turning to the business aspect of the game.

Ghana to sell gold royalties

At stake is the roughly 4 percent in royalties that Ghana’s government earns on every ounce of commercially mined gold. The ounces add up. In 2018 Ghana shipped almost US$6 billion of the shiny stuff, its single biggest export. Now the government wants to bundle up the rights to 75 percent of the royalties from 16 big mines (including four under development) in a Jersey-incorporated company called Agyapa. It then plans to sell as much as 49 percent, with shares being floated on the London and Ghana stock exchanges, for about US$500 million.

Beijing is still boss: Jack Ma

When Jack Ma last week chose to speak truth to power about the failings of China’s financial system, he was aiming very high — perhaps too high.

Stock Market Weekly Review

A positive sentiment returned on the Zimbabwe Stock Exchange (ZSE) to see the market close in the black, led by the biggest counter on the bourse, CBZ.

S.A ’s PIC reduces shares in Portland

South Africa’s Public Investment Corporation (PIC), the biggest fund manager on the continent, has reduced its shareholding in cement producing company Pretoria Portland Cement (PPC).

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