News about Zimbabwe that you can use
Crocodile breeder Padenga has engaged government to negotiate on its behalf for meat export exemptions into mainland China as the group seeks to boost sagging exports in Asia, an official said yesterday.
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Dawn Properties has reported a seven percent decline in revenue to $5.2 million for the year ended March 31 as liquidity constraints hit income from property investments.
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The United Nations plans to raise $1.6 billion from donors to improve agriculture, food security, health and governance in Zimbabwe between 2016-2020, its representative in the southern African country said today.
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The Zimbabwe African National Union-Patriotic Front has suspended 89 more members, two for three years and 87 for two years.
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Listed building material manufacturer Turnall Holdings says volumes for the first quarter to March are 29 percent higher while exports are also on the rise, putting the company on a recovery path, an official has said.
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Creditors of the former listed steel engineering firm, Gulliver Consolidated yesterday voted to dispose of its assets worth $5.3 million after the company, which has been under final administration for over a year, failed to attract new investment.
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Zimbabwe’s largest dairy processor Dairibord Holdings has reported a six percent rise in revenue for the first four months of 2015 on the back of improved sales and forays into regional markets.
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Zimbabwe will experience power outages for up to 16 hours a day during the winter season after demand for electricity rose to 1 800 megawatts (MW) against current output of 1 300MW, the power utility said today.
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The government’s wage bill has ballooned almost six-fold since dollarisation in 2009 from $381 million to $2.2 billion.
(366 VIEWS)
