Schweppes to ramp up production of ready to drink juices
Beverage manufacturer Schweppes Zimbabwe plans to improve capacity utilisation of its hot-fill production plant as demand for its ready to drink juices continues to grow.
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MDC denies Tsvangirai banned use of social media but…….
The Movement for Democratic Change today said party leader Morgan Tsvangirai did not ban the use of social media but the MDC was bound by certain rules and regulations which the party had to abide by to maintain stability, unity and cohesion.
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Save Archer Clothing, Bulawayo mayor pleads
Bulawayo mayor Martin Moyo has pleaded with financial institutions owed by the Archer Clothing Manufacturers to ‘soften’ their stance to allow the revival of one of the city’s historic companies.
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Company earnings to be subdued in 2015
Corporate earnings are expected to remain subdued this year exacerbated by deflation and persistent liquidity pressures resulting in a continuation of low consumer demand and generally negative sentiment, according to a report by a local securities firm.
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Chamisa says Parliament must reject RBZ bill because accepting it as condoning corruption
Kuwadzana East Member of Parliament Nelson Chamisa says Parliament must reject the Reserve Bank of Zimbabwe (Debt Assumption) bill because accepting it is the height of irresponsibility. Those who benefitted must pay because if Parliament accepts the bill, this is tantamount to condoning corruption.
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Kereke says Gono did a sterling job
Bikita West legislator Munyaradzi Kereke, the former advisor to central bank governor Gideon Gono, said all the loans that the Reserve Bank of Zimbabwe borrowed were authorised by the Treasury. Gono, therefore, did a sterling job in discharging his mandate to superintend over the financial affairs of the country.
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Chinamasa says Mutasa is wasting his time by going to court
Insurance boss quizzed for diverting $300 000
The former chief executive of the now defunct SFG Insurance firm, Charles Madziva is facing allegations of diverting over $300 000 meant for settling a claim by a client.
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High Court okays Interfin liquidation
The High Court has approved an application by the Reserve Bank to liquidate Interfin Bank after it failed to secure fresh investment and appointed the Depositors Protection Corporation (DPC) as the provisional liquidator.
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