- published: 22 Aug 2007
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Zimbabwe (/zɪmˈbɑːbweɪ/ zim-BAHB-way; officially the Republic of Zimbabwe) is a landlocked country of southern Africa. It shares a 125-mile (200-kilometre) border on the south with the Republic of South Africa and is bounded on the southwest and west by Botswana, on the north by Zambia, and on the northeast and east by Mozambique. The capital is Harare (formerly called Salisbury). Zimbabwe achieved majority rule and internationally recognised independence in April 1980 following a long period of colonial rule and a 15-year period of white-dominated minority rule, instituted after the minority regime’s so-called Unilateral Declaration of Independence (UDI) in 1965.
Zimbabwe has three official languages: English, Shona and Ndebele. Zimbabwe began as the British self-governing colony of Southern Rhodesia, created from land held by the British South Africa Company. President Robert Mugabe is the head of State and Commander in Chief of the armed forces. Morgan Tsvangirai is the Prime Minister. Mugabe has been in power since the country's internationally recognised independence in 1980.
A stock exchange is a form of exchange which provides services for stock brokers and traders to trade stocks, bonds, and other securities. Stock exchanges also provide facilities for issue and redemption of securities and other financial instruments, and capital events including the payment of income and dividends. Securities traded on a stock exchange include shares issued by companies, unit trusts, derivatives, pooled investment products and bonds.
To be able to trade a security on a certain stock exchange, it must be listed there. Usually, there is a central location at least for record keeping, but trade is increasingly less linked to such a physical place, as modern markets are electronic networks, which gives them advantages of increased speed and reduced cost of transactions. Trade on an exchange is by members only.
The initial offering of stocks and bonds to investors is by definition done in the primary market and subsequent trading is done in the secondary market. A stock exchange is often the most important component of a stock market. Supply and demand in stock markets are driven by various factors that, as in all free markets, affect the price of stocks (see stock valuation).
Robert Nesta "Bob" Marley, OM (6 February 1945 – 11 May 1981) was a Jamaican singer-songwriter and musician. He was the rhythm guitarist and lead singer for the ska, rocksteady and reggae band Bob Marley & The Wailers (1963–1981). Marley remains the most widely known and revered performer of reggae music, and is credited with helping spread both Jamaican music and the Rastafari movement to a worldwide audience.
Marley's music was heavily influenced by the social issues of his homeland, and he is considered to have given voice to the specific political and cultural nexus of Jamaica. His best-known hits include "I Shot the Sheriff", "No Woman, No Cry", "Could You Be Loved", "Stir It Up", "Get Up Stand Up", "Jamming", "Redemption Song", "One Love" and, "Three Little Birds", as well as the posthumous releases "Buffalo Soldier" and "Iron Lion Zion". The compilation album Legend (1984), released three years after his death, is reggae's best-selling album, going ten times Platinum which is also known as one Diamond in the U.S., and selling 25 million copies worldwide.