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Posted inStories

Manicaland independent power producer points to solution for Zimbabwe’s power crisis

Over 110 households are set to benefit from Himalaya, a 100kW  micro hydro power plant commissioned in Marange District which could point the way towards energy self reliance for Zimbabwe.

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(470 VIEWS)

Posted by Charles Rukuni April 10, 2015
Posted inStories

Meikles blames unnamed MP, detractors for RBZ loan repayment delay

Hospitality and retail group Meikles Limited, which claims it is owed $90 million in debt and interest by the central bank yesterday blamed the Zimbabwe Stock Exchange, an unnamed lawmaker and other detractors for the delay in the repayment of the debt.

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(356 VIEWS)

Posted by Charles Rukuni April 10, 2015
Posted inStories

Zimbabwe launches code of corporate governance

Zimbabwe’s acting President Emmerson Mnangagwa today launched a national code of corporate governance for both the private and state owned enterprises pending enactment of a new Companies Act.

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Posted by Charles Rukuni April 9, 2015
Posted inTop story of the day

Mujuru: I can never be expelled from the original and genuine ZANU-PF

Former Zimbabwe African National Union-Patriotic Front Vice-President Joice Mujuru has reportedly said she can never be expelled from the party. Mujuru was expelled last week for, among others:  plotting to…
Posted by Charles Rukuni April 9, 2015
Posted inTop story of the day

Mnangagwa says there is no split in ZANU-PF, Runaida akadzingwa

Zimbabwe African National Union-Patriotic Front Vice-President Emmerson Mnangagwa yesterday said there was no split in the party.  Those who have allegedly “split” from the party to form ZANU-People First were…
Posted by Charles Rukuni April 9, 2015
Posted inTop story of the day

Mugabe insists there will be no backing down on indigenisation

President Robert Mugabe yesterday said there would be no compromise on the 51-percent local ownership of companies involved in the country’s natural resources. There would, however, be a compromise if…
Posted by Charles Rukuni April 9, 2015
Posted inStories

CBZ Bank votes to save cotton ginner hopes to recover $4.5m debt

Zimbabwe’s largest commercial bank, CBZ, which is owed $4.5 million by a defunct cotton ginning firm, Insing Investments yesterday voted to save the company from liquidation after the judicial manager said the company could be revived and pay creditors.

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Posted by Charles Rukuni April 9, 2015
Posted inStories

Hwange Colliery posts $37m loss

Coal miner Hwange Colliery’s full year losses increased by nearly 16 percent to $37 million in the full-year to December 2014 on non-recurring items which cost the company $13 million.

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Posted by Charles Rukuni April 8, 2015
Posted inTop story of the day

Mliswa in, Mutasa out

Expelled Hurungwe West Member of Parliament Temba Mliswa today successfully filed his nomination papers to contest the same seat as an independent in June, but his uncle Didymus Mutasa who…
Posted by Charles Rukuni April 8, 2015
Posted inStories

Four key issues Mugabe is discussing in South Africa

President Robert Mugabe, who is on a two-day state visit to South Africa, the first in 20 years, is discussing four keys issues with Pretoria, presidential spokesman George Charamba told The Herald.

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Posted by Charles Rukuni April 8, 2015

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