News about Zimbabwe that you can use
A Zimbabwean woman, Memory Maphosa, was arrested at the Beitbridge Border Post on Sunday night together with Vuyiswa Mabasa of Lesotho while trying to smuggle drugs with an estimated value of R8 million.
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Workers in the energy sector say high demand for power has cushioned them from job cutbacks while the rest of the economy is looking at ways of slashing employment costs through retrenchment.
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State-owned mining investment vehicle, Zimbabwe Mining Development Corporation (ZMDC) says it has secured foreign investors to inject capital into its three gold mines and expects to conclude two deals next month.
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Britain is still not channelling its aid to Zimbabwe through the government though the European Union normalised its relations with Harare on 1 November 2014, enabling it for the first time since 2002 to work directly with the Zimbabwe government.
(229 VIEWS)
Regional cement and lime producer Pretoria Portland Cement says an increase in cement sales in Zimbabwe has boosted the group’s overall sales volume at a time when major markets like South Africa have remained subdued.
(249 VIEWS)
Zimbabwe’s tax collector the Zimbabwe Revenue Authority (ZIMRA) says it will start collecting taxes from small to medium enterprises this year to widen the shrinking revenue base, an official said today.
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Delta’s 10 percent drop in revenue for the third quarter to December was the only decline among SABMiller’s Africa subsidiaries, reflecting the continued economic challenges facing Zimbabwe, the group announced last week.
(269 VIEWS)
The Bankers Association of Zimbabwe (BAZ) has pleaded with debt burdened ailing firms to engage their financiers to find means of bailing them out instead of rushing to file for judicial management at the High Court to escape the wrath of creditors.
(234 VIEWS)
