All Entries in the "0 - Latest Updates" Category
Chinese imitate XP look and feel with Ubuntu
Chinese imitation is at it again, this time with a customised version of Ubuntu that looks like Windows XP. The OS which is call Ylmf has a Windows XP style interface and is said to be capable of running some Windows XP based programs.
This isnt the first time that a copycat OS has been produced. [...]
New Dawn Production Stable
Production at New Dan Mining has stabnilised and the company now looks at how it would increase capacity.
President and CEO of New Dawn, Ian Saunders said Turk mine would now be the focus.
“Now that we have achieved a steady state production level, our focus will be to utilize the recently increased processing capacity at Turk [...]
NicozDiamond rights Offer undersubscribed
The NicozDiamond rights issue results have shown that they were undersubscribed.
A total of 159 842 772 were offered for the rights which opened on the 16th of November and closed on December 4.
Out of these, only 107 716 387 were subscribed which represent a 67 percent take up rate.
The undewriters of the Rights Issue have [...]
Gulliver posts US$500,898 loss
Gulliver Consolidated Limited has made a US$500,898 loss in the year ending September 30 this year and this loss has been attributed to depressed demand.
This loss comes against a background of a very modest turnover of US$2.7 million.
“This lower than budgeted turnover was attributed to depressed demand for the company’s products coupled by the subdued [...]
Results of CFX Rights offer
The ordinary rights offers shares subscribed were 198,556,871 and the subscription was very low at 1.4 percent.
This meant that the percentage under subscription was 98.6%
Ordinary shares issued to under writer 6 ,712,518,015
Preference shares issued to under writer 6 ,992,897,326
Following a 98,4% under subscription of the CFX Financial Services rights offer, the underwriter Interfin Holdings Limited [...]
Mbizi Offers Xmas Special
Mbizi Game Park which is locate a few kilometres from the Harare Central buisness district is offering exciting Christmas special prices.
The exclusive park is offering a US$60 per person per night at the three start lodges with a four course dinner and a full English breakfast.
Children under the age of 12 will pay half price.
Self [...]
ZSE Drops Again
The industrial index went down a further 6.50 points (4.44%) compared to week ending 11 December 2009 as the Xmas mood continues to weigh down on the benchmark industrial index. This fall has been attributed to the impending holidays, profit taking and a generally drab reporting period. On Friday, the industrial index closed the week [...]
Kingdom Now on Course to Recovery
Kingdom Financial Holdings is now refocusing its energy on the future after the tumultous two years when it was in a marriage with Meikles, the founder Nigel Chanakira has said.
Opening up to the media on Wednesday night, Chanakira said the financial institution was now focused on what has to be done after they undertook a [...]
Grain Bills Over-subscribed
Grain bills, which were tendered by CBZ on behalf of the Grain Marketing Board last week, were over-subscribed.
This was the second time that grain bills were floated and there was a change this time around as investors are looking for an alternative to the Zimbabwe Stock Exchange.
A total of US$2.9 million was bidded for by [...]
Industrial index sheds 3.67 points
The industrial index shed 3.67 points (2.48%) to end the day at 144.02 as heavyweight losses dominated the day’s trading session. NATFOODS came off 10 cents to 105 cents, BAT went down a further 5 cents to trade at 215 cents and INNSCOR retreated 4.01 cents to close at 53.99 cents. AICO AFRICA, COLCOM and [...]
