Is Grace out too?
Diamond miner to get $20m capital injection
Defunct diamond mine, Gye Nyame Resources is set to get a fresh capital injection of $20 million from a potential investor while creditors are expected to vote to defer their payment pending recapitalisation of the mine.
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I don’t trust a white man at all – Never, Mugabe says
Can Mujuru still stop ZANU-PF congress?
President Robert Mugabe, a shrewd politician who has survived the trials and tribulations within the Zimbabwe African National Union-Patriotic Front, is likely to have his way as the party congress seems to have kicked off without any hitches after reports that supporters of Vice-President Joice Mujuru would go to court to stop the congress.
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Coal Brick doubles exports as demand rises
Junior coal miner, Coal Brick has seen coal exports to countries in the northern corridor doubling to more than 10 000 tonnes per month over the past 12 months due to increased demand and an attractive price, an official said.
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Zimbabwe needs more economic reforms to stabilise multi-currencies system
Zimbabwe requires more economic reforms to stabilize the undervalued United States dollar to make local business competitive following the introduction of the multiple currencies in 2009, the Zimbabwe Economic Policy and Research Unit (ZEPARU) has said.
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Mobile phone companies could save 60percent of costs if they share infrastructure
Zimbabwe’s telecommunications regulator sees mobile phone operators and ICT firms saving up to 60 percent in capital expenditure if the industry adopts infrastructure sharing.
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All eyes on the succession struggle and Mujuru’s fate as ZANU-PF congress begins
A shopping centre in Harare’s smart northern suburbs demonstrates the dichotomies in Zimbabwe ahead of a critical ZANU-PF national congress scheduled for tomorrow. A regional fast food chain displays a massive sign bearing the Zimbabwean flag, proclaiming that Chicken Inn has “that original Zimbabwean taste we luv (sic).” The establishment competes with a new KFC franchise, located just on the other side of the parking lot, proudly bearing the image of Colonel Sanders.
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$100m fund set up for African start-ups
The Tony Elumelu Foundation today launched Africa’s largest philanthropic fund of $100 million to support start-ups across the continent which it hopes will create one million jobs over 10 years.
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