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Analysts initiate coverage on GetBucks Zimbabwe with a 4,18c target price
The Zimbabwe Stock ExchangeANALYSTS have set 4,18c 18-month target price on GetBucks Zimbabwe on an intrinsic value of US$41,8 million.GetBucks Zimbabwe opened its IPO on Monday to raise a total amount...
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Case for internal devaluation: Start with Parastatals and monopolies, says...
Confederation of Zimbabwe Industries president Busisa MoyoTHE protection of Parastatals and maintenance of monopolies in certain sectors will lead to a very slow process of price correction and...
View ArticlePetroSA and CFO agree to part ways
Cape Town - State oil firm PetroSA said on Saturday it reached an agreement with its Group CFO Lindiwe Mthimunye Bakoro to terminate her employment.The group announced in a brief statement on Saturday...
View ArticleDozens found dead on the streets of Burundi's capital
Burundi's political violence escalated on Saturday with dozens of people found shot dead in the capital, a day after the government said an unidentified group carried out coordinated attacks on three...
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ZAMCO to take up RioZim’s debt
RioZim has paid well in excess of $50 million in cash over last few years to various financial institutions but the capital sum of the debt has not reduced as a result of the punitive interest...
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Border Timbers now out of the woods as group is now making profit
The company is not technically insolvent and has shown good prospects for the current yearBORDER Timbers is now out of the woods as the company is now making profits to sustain operations, provisional...
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Most influential Nigerian CEOs of 2015
From supporting the operations and administration of the board to effectively managing the human resources of the company, Chief Executive Officers are tasked with various functions and...
View ArticleFitch downgrades 4 South African banks
Fitch rating agency has downgraded four of South Africa's big banks, while one bank was upgraded."Fitch Ratings has downgraded the Long-term foreign and local currency Issuer Default Ratings (IDR) of...
View ArticleThe falling rand will hit us hard, warns JSE CEO
The continued weakening of the rand will have a profound impact on ordinary South Africans, JSE CEO Nicky Newton-King warned on Sunday.She said in a statement that South African capital markets posted...
View ArticleOver 2 700 complaints lodged against police in six months
Tammy Petersen, News24Cape Town - Within six months, the Independent Police Investigative Directorate (IPID) has received 2 739 cases reported against police, with most involving assault.Minister of...
View ArticleSouth Africans are in for a serious blow - economist
Adiel IsmailCape Town - The downgrading of South African banks by Fitch will lead to an increase in their lending rates, according to economist Mike Schussler.Fitch cut the credit ratings of FirstRand,...
View Article82 cops killed since start of year
Tammy Petersen, News24Cape Town - A total of 82 police officers have been killed since the start of the year.This has resulted in SAPS adopting a "back to basics approach" by implementing an integrated...
View ArticleVan Rooyen Fired : Pravin Gordhan Appointed Minister of Finance
Karabo Ngoepe, News24Pretoria - Pravin Gordhan has been appointed as the minister of finance, replacing David van Rooyen who was put in the seat four days ago.The Presidency issued a statement on...
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Social Climbers: 7 Vertical Trailer Parks for Mobile Urbanites
Social Climbers: 7 Vertical Trailer Parks for Mobile Urbanites - [ By WebUrbanist in Architecture& Houses & Residential. ] Addressing the combined challenges of mobility and density, this...
View ArticleRand cheers return of Pravin Gordhan
Adiel Ismail and Fadia SalieCape Town - The rand recovered almost 80c to the US dollar on Sunday evening following the appointment of former finance minister Pravin Gordhan in his old post.The move...
View ArticleSA reels from three finance ministers in one week
Matthew le CordeurCape Town – The rand immediately improved after the reappointment of Pravin Gordhan as Finance Minister on Sunday, after a week of market turmoil followed a shock move by President...
View ArticleSilo collapse clean up could take four weeks
Tammy Petersen, News24Cape Town - Cleaning up about 11 500 tons of canola seeds following the collapse of 14 silos at the Sentraal-Suid Koöperasie (SSK) in Swellendam started on Monday morning.It was...
View ArticleANALYSIS: 'Clueless' Van Rooyen will have hard time in charge of local govt
ANALYSIS: 'Clueless' Van Rooyen will have hard time in charge of local govtAhmed Areff, News24Johannesburg - Newly-appointed Co-operative Governance and Traditional Affairs (Cogta) Minister David van...
View Article#ZumaMustFall unites thousands on social media
Kaveel Singh, News24Durban – Social media has united thousands of South Africans who are calling for President Jacob Zuma to step down from his position as number one citizen.This comes after a number...
View ArticleWhat to expect from Gambia as it becomes an Islamic Republic
President Yahya Jammeh declared Gambia an Islamic Republic on Friday, December 11, at a political rally in Brufut, a village west of Banjul (the capital). The country has been secular up until now, but...
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