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Zimbabwe Stock Exchange pursues listing as indigenisation option

HARARE – The Zimbabwe Stock Exchange is pursuing plans to allow listing on the local bourse as part of options to comply with the indigenisation law. Alban Chirume, the bourse’s chief executive, said efforts to engage Indigenisation minister Francis Nhema were already underway. “There is need to interact with the …

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Tetrad shelves commercial banking plans

Sergey Pokusaev’s Horizon Capital Consortium (HCC) has put on hold plans to turn Tetrad Investment Bank (TIB) into a commercial bank and will stick with investment banking specialising in mining and infrastructure development, businessdigest has established. Sources said Pokusaev, who recently acquired a controlling stake in TIB, will abandon plans …

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Today’s Home – Glen Lorne Mansion

        Glen Lorne Glen Lorne – Its stunning, impeccable, luxurious double storey and it exudes a unique presence. Spectacular views!!! Downstairs – 2 lounges, dinning room, guest wing, equipped private night club, VIP Lounge with door leading to balcony, bath separate toilet, Upstairs: 5 bedrooms (3 ensuite), …

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Nigel Chanakira, AfrAsia feud drags on

FRASIA Bank has failed to beat the deadline to settle the $12,5 million for shares held through banker Mr Nigel Chanakira’s Crustmoon which would have concluded the long running divorce of the two parties. The deadline for the separation of AfrAsia and Mr Chanakira through the repurchasing of 289 133 …

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Nhema told to align indigenisation laws

Zanu-PF’s Politburo has directed Youth Development, Indigenisation and Empowerment Minister Francis Nhema to align the indigenisation laws with the policy and report back to the ruling party with recommendations. Party spokesperson Cde Rugare Gumbo said yesterday Minister Nhema was on Wednesday directed by the Politburo to ensure the law reflects …

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