Tag Archive for 'African equity'

New directions for giant CDC: targets poor with $3.1 bn

Giant UK development finance institution the CDC Group has announced a new business plan. Changes include direct investing rather than via funds, and focusing only on low and lower-middle income countries in sub-Saharan Africa and South Asia.

Zimbabwe Minister “blocks” Duration gold miner’s Toronto SE listing

According to media reports, Zimbabwe’s Indigenization Minister Saviour Kasukuwere is declining to give permission for leading gold miner Duration Gold to raise US$7 mn by listing on the Toronto Stock Exchange, using powers to block equity deals if he is not sataisfied the company complies with indigenization rules introduced last March.

Crocodile company swims onto Zimbabwe Stock Exchange

The Zimbabwe Stock Exchange snapped up its first new listing since 2007 on 29 November when Padenga Holdings Limited was admitted as the 77th listing.