DHL, a unit of German Post, has been operating in Zimbabwe since independence in 1980. Logistics firm DHL International says it will expand its operations in Zimbabwe after receiving government assurance that key provisions of the controversial indigenisation policy had been scrapped. The Minister of ICT, Postal and Courier Services Supa Mandiwanzira told journalists after a […]
Tag: shares
Inside 4Di Capital’s new R256m fund
MMI Holdings has committed hundreds of millions of rand to investing in and nurturing the next-wave of health and financial technology start-ups, both in South Africa and worldwide. By Duncan McLeod. Justin Stanford MMI Holdings, the JSE-listed parent of Momentum and Metropolitan, has committed hundreds of millions of rand to investing in and nurturing the […]
Tanzania: DSE slows down for Xmas
The week-on-week turnover at the Dar es Salaam Stock Exchange (DSE) dropped by 67 per cent last week as investors shift their attention to the festive season. The turnover dropped to Sh12.7 billion during the week ending December 18, 2015 compared with Sh38.91 billion that was registered during the week ending December 11, 2015, market […]
Kenyan Stock Exchange to introduce ETFs
INDIVIDUAL investors may from the third quarter buy into a diverse number of stocks and bonds including highly priced blue chips trading at the Nairobi Securities Exchange. This will be possible through the Exchange-Traded Funds whose regulations, the Capital Markets Authority and the Nairobi Securities Exchange said yesterday, are being fast tracked. An ETF basket […]
Oil needs to rebound to $75 to make Kenya project worthwhile – Tullow
Oil prices would probably need to rise to about $75 to $85 a barrel from around $60 currently for Tullow Oil and Africa Oil to go ahead with their Kenyan project, the chief executive of Africa Oil said.CEO Keith Hill told the Reuters Africa Investment Summit he was confident that crude prices would recover to […]
