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ZSE Daily Price Sheet – 31 August 2016

00 Here is the latest news, investor relations documents and a summary recap of the previous days trading from listed companies in Zimbabwe.  Brought to you by Financial Express. News Reports & Presentations Indices Traders Gainers Losers Calendar News Update Engineering Zimplow Limited Zimbabwe releases 2016 half-year financial report Industrial Holding Regulator challenges Meikles Zimbabwe…

Life companies report drop in profitability in H1 after increase in claims

00HARARE Life Assurance companies saw a 12% growth in Gross Written Premiums to $180.39 million for the six months to June but a growth in total costs and claims saw profitability drop 26%.According to the Insurance and Pensions Commission report for the life industry for the six month period, life companies wrote $177 million in…

Connecting Cities in the Cloud

00GLOBAL While smart cities have held a great deal of promise for many years, they are only beginning to come to fruition now. This is due to the fact that we now have the network connectivity and the backend storage and compute infrastructure to unleash their full potential. This bodes well for municipalities and governments…

Tenders: Aug 31, 2016

Zimbabwe Stock Exchange Tender Notice/Development of a new website for the ZSE ZSE wishes to engage a vendor to develop a new website to further integrate systems of the ZSE Vendors with the following attributes are encouraged to apply: A proven track record of developing an interface between a system and a website Ability to…

IMF insists on international audit of Mozambique debt

00MAPUTO The International Monetary Fund (IMF) is demanding an external forensic audit of Mozambique’s public debt to regain investor confidence after a scandal over more than $2 billion in secret loans, its local representative said on Tuesday. Parliament and the attorney-general’s office have launched investigations into the undisclosed borrowing in 2013 and 2014 but the…

South Africa’s ANC backs Gordhan but warns ministers to obey police summons

00JOHANNESBURG South Africa’s ruling party backed Finance Minister Pravin Gordhan on Tuesday but said ministers should obey police summons issued during investigations, days after Gordhan declined to meet detectives looking into his time at the tax office. Gordhan said last week he had done nothing wrong and had no legal obligation to obey a police…

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