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Posted inStories

Mugabe is now all alone says Bhasikiti

The former Mwenezi East Member Of Parliament Kudakwashe Bhasikiti said President Robert Mugabe was the only person who was still thinking about people. He therefore needed fresh disciples to this cause.

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(641 VIEWS)

Posted by Charles Rukuni June 14, 2015
Posted inStories

Zimbabwe lifts chrome ore export ban

Zimbabwe’s government has lifted the ban on chrome ore exports with immediate effect after four years of the prohibition failed to ignite local processing.

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(373 VIEWS)

Posted by Charles Rukuni June 14, 2015
Posted inStories

Ousted Mwana Africa chief executive Kalaa Mpinga ready to move on

Ousted Mwana Africa chief executive officer Kalaa Mpinga says he is not a bitter man and is ready to explore investment opportunities in Zimbabwe and Africa following his shock departure from the resources group he founded 12 years ago.

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(490 VIEWS)

Posted by Charles Rukuni June 14, 2015
Posted inStories

Lafarge’s Zimbabwe unit feels pressure of cement imports

The local unit of global cement group Lafarge says it has stopped exporting into the region citing unfair competition from cheaper Pakistani-made cement and the inhibitive cost of production in Zimbabwe.

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(364 VIEWS)

Posted by Charles Rukuni June 13, 2015
Posted inStories

MDC-T, police, The Herald and Dzamara

Itai Dzamara has been making news since he disappeared almost three months ago.

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(587 VIEWS)

Posted by Charles Rukuni June 13, 2015
Posted inStories

Zimglass mulls switching to gas to beat power cuts

Zimbabwe’s sole glass manufacturer, Zimglass is considering switching to gas technology to counter frequent power cuts that have hit its operations, an official has said.

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(210 VIEWS)

Posted by Charles Rukuni June 13, 2015
Posted inStories

Ghana Hotel pushes African Sun revenue up 10percent

African Sun reported a 10 percent increase in revenue to $25 million in the six months to March 31, buoyed by an improved performance of its Ghana Hotel Amber Accra.

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(211 VIEWS)

Posted by Charles Rukuni June 13, 2015
Posted inStories

Tongaat Hullet Zimbabwe sugar production down 5 percent

Tongaat Hullet’s Zimbabwe unit has reported a five percent dip in sugar production to 228 000 tonnes in the full year to March 31 due to reduced cane deliveries from outgrowers and low water supplies.

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(217 VIEWS)

Posted by Charles Rukuni June 12, 2015
Posted inStories

CABS opens up housing project to diaspora

Zimbabwe’s largest mortgage lender Central African Building Society (CABS) says it has opened up its Budiriro housing development scheme to Zimbabweans in the Diaspora and individual companies after a low up take since its launch in 2013.

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(632 VIEWS)

Posted by Charles Rukuni June 12, 2015
Posted inStories

80 percent of Zimbabwe stockbrokers facing viability problems

Only a fifth of Zimbabwe’s stockbrokers are currently generating enough commission to survive as the local bourse continues to underperform reflecting a weak underlying economy, ZSE chief executive Chirume has said.

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(309 VIEWS)

Posted by Charles Rukuni June 12, 2015

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