* Declaration of a fourth interim dividend for year ending 31 december 2016 of 3.274 pence per share Source text for Eikon: Further company coverage: ZURICH, March 2 GAM Holding’s management has met with activist investor RBR Strategic Value, Chief Executive Alexander Friedman said on Thursday but he declined to give any details on what was said at the meeting.
Category: Zambia
BRIEF-Deutsche Boerse says expects 68 mln eur from BATS stake sale in Q1
* Declaration of a fourth interim dividend for year ending 31 december 2016 of 3.274 pence per share Source text for Eikon: Further company coverage: ZURICH, March 2 GAM Holding’s management has met with activist investor RBR Strategic Value, Chief Executive Alexander Friedman said on Thursday but he declined to give any details on what was said at the meeting.
Qatar tells banks to obey new FX limits by April 1
Qatar’s central bank told commercial banks on Thursday that they would have to obey new restrictions on their open positions in foreign currency by April 1. In April 2016, the central bank had said it planned to introduce a ceiling on total foreign currency positions – surplus or deficit – of 30 percent of each bank’s capital and reserves. On Thursday, the central bank said the rule, which would “limit the risks of foreign currency open positions”, would also apply to Qatari banks’ foreign branches.
BRIEF-Join In (Holding) appoints Zeng Haicheng as CFO
LUSAKA, March 2 The Zambia Revenue Authority has asked all account holders to obtain Taxpayer Identification Numbers by the end of this year in an attempt to capture more tax payers and raise revenue, it said on Thursday.
Zambian women’s day off for periods stokes debate
A Zambian law that entitles women to take one day off work a month when they have their period is stirring increasingly fierce debate in a country reluctant to discuss sexual health. Discreetly called Mother’s Day, the 2015 law-unique in Africa-enables women to be absent from work without notice or a doctor’s note to help them cope with menstrual bleeding , pain and cramps.
British lawyer briefly detained in Zambia’s copper region
LUSAKA, Zambia – A British law firm says one of its lawyers was arrested and held for hours in Zambia after meeting residents who filed complaints about alleged pollution from a copper mine. The Leigh Day firm said Thursday that lawyer Oliver Holland was in the southern African nation to meet communities who say the mine in Chingola is damaging farmland and water sources.