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Columns & Comment

Diminution of value

The low subscription level of 29,1 percent for the company’s renounceable rights issue demonstrates the financial stress affecting domestic investors who, in the ensuing months, are expected to inject huge amounts of money in a spate of cash calls by a number of Zimbabwe Stock Exchange (ZSE)-listed companies…

Remuneration revisited

This week’s instalment extends this discussion by identifying areas of weakness and proferring possible remedies within the context of remuneration practice in ZimbabweWhen it comes to remuneration practice in Zimbabwe, an area of concern is the executive and director remuneration disclosure practices of financial institutions. Anecdotal evidence shows…

Who governs the US/

The thesis was that US President Barack Obama was elected by a majority of Americans. At that time, the real movers and shakers of the American polity, the comprador barons (namely the oil companies and insurance companies) went along with the decision of the American people. When Obama…