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Four rezoning issues dominated most of the agenda at the Mountain Home City Council's meeting Thursday night. Council members approved two requests from Anita K
SHAME MAKOSHORI The ZSE’s fungible titans were among the casualties of a terrifying crackdown on business by authorities, which dampened investor confidence and wiped $240 billion in potential revenue. But the brief closure in June only amplified an already difficult crisis for the bourse. Many firms had already embarked on plans to de-list and go private, saying it was no longer viable to maintain a listing. Again, that was bad for a stock market that had been hit by a listing drought stretching over a decade, which triggered questions about the relevance of the ZSE in a rapidly shifting m...
The Zimbabwe Independent Taurai Mangudhla POWERSPEED Electrical Limited (Powerspeed) shareholders on Monday unanimously approved a resolution that the company’s shares be removed from Zimbabwe Stock Exchange bourse through voluntary termination of the listing, effectively ending its 20-year run on the bourse. This comes after a number of counters, including Dawn Properties, Falgold, ZimRe Property Investments and SeedCo have delisted from the ZSE this year. Powerspeed, which listed on the ZSE in July of 2000, earlier this year, expressed its intent to delist with the actual ...