Page 12 - ஸிஂபாப்வே ஸ்டாக் பரிமாற்றம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Zimbabwe s ban on mobile money adds to suffering of its citizens
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Economic climate ripe for new ZSE listings – The Zimbabwe Mail
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Zimbabwe to list bond on local bourse for the first time in 20 years
News24
07 May 2021, 05:41 GMT+10
Zimbabwe plans to list a bond on the local exchange for the first time in 20 years to raise funds for the expansion and upgrade of a main highway that links the country to South Africa, which is its largest trading partner.
The $250 million listing by the Infrastructure Development Bank of Zimbabwe will be the first note issuance on the Zimbabwe Stock Exchange since 2001, when municipal bonds with a government guarantee were listed, the bourse s chief executive officer, Justin Bgoni, said on Thursday.
A listing date has not yet been confirmed. Thomas Zondo Sakala, chief executive officer and Willing Zvirevo, director at IDBZ didn t immediately answer calls to their mobile phones seeking comment. In March, the lender said it will take three months to issue the infrastructure bond, as it canvasses for investor support.
Meikles Ld - Cautionary Statement
CAUTIONARY STATEMENT
Further to the cautionary announcement published on 15 April 2021, shareholders are advised that Meikles Limited Board of Directors has determined to unbundle from the Company and list separately on the Zimbabwe Stock Exchange the Company s agricultural processing business, Tanganda Tea Company Limited, subject to shareholders approval.
Shareholders and members of the investing public are advised to exercise caution and consult their professional advisors before dealing in the Company s shares until the full details of the transaction are announced or upon withdrawal of this cautionary.
By Order of the Board
T. Mpofu
Zimbabwe to List Bond on Local Bourse for First Time in 20 Years
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