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Posted inStories

Metallon eyes 500percent increase in gold output

Zimbabwe’s largest gold producer Metallon Corporation has embarked on a restructuring exercise as the group sees gold output rising to 500 000 ounces per annum by 2019 from this year’s target of 100 000 oz.

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(108 VIEWS)

Posted by Charles Rukuni December 1, 2014
Posted inStories

Mugabe’s failed opponests in 90 seconds

The British Broadcasting Corporation has come up with an interesting video entitled: Mugabe’s failed opponents in 90 seconds.

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(274 VIEWS)

Posted by Charles Rukuni December 1, 2014
Posted inStories

Mangudya says indigenisation policy shift will boost economy

Central bank governor John Mangudya says the liquidity constraints facing the economy are set to improve after government sought to move away from an aggressive implementation of  its indigenisation law to shore up falling Foreign Direct Investment.

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(145 VIEWS)

Posted by Charles Rukuni November 30, 2014
Posted inStories

Zimbabwe-Japan trade reaches $43 million

Trade between Zimbabwe and Japan topped $43 million in the 10 months to October this year with Zimbabwe  importing goods worth $41.5 million from the Asian country, an envoy has said.

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(315 VIEWS)

Posted by Charles Rukuni November 30, 2014
Posted inStories

Malema not invited to ZANU-PF congress

Economic Freedom Fighters leader Julius Malema, a strong admirer of Zimbabwe African National Union-Patriotic Front policies on empowerment, has not been invited to the party congress due this week according to reports from South Africa.

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(147 VIEWS)

Posted by Charles Rukuni November 30, 2014
Posted inStories

Zimbabwe to have bond market by 2017

Central bank governor John Mangudya says Zimbabwe will have a fully-fledged bond market by 2017 as the economy self corrects after facing nearly a decade of recession.

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(486 VIEWS)

Posted by Charles Rukuni November 29, 2014
Posted inStories

Manheru says talk about a split in ZANU-PF is childish

Herald columnist Nathaniel Manheru today said that those who think the current purge within the Zimbabwe African National Union-Patriotic Front will result in a split of the party are not only mistaken but childish.

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(228 VIEWS)

Posted by Charles Rukuni November 29, 2014
Posted inStories

Five investors express interest in Olivine

At least five foreign investors have shown interest in  investing in struggling food processor, Olivine Industries, a company official has said.

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(225 VIEWS)

Posted by Charles Rukuni November 29, 2014
Posted inStories

Ebola survivors should abstain from sex for three months

Men who survive from the deadly Ebola virus disease should abstain from sex for at least three months and if they cannot they should use condoms, the World Health Organisation says.

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(102 VIEWS)

Posted by Charles Rukuni November 29, 2014
Posted inStories

Shabani and Mashaba closure costing Turnall

Listed roofing and building materials producer, Turnall Holdings says its operating expenses have shot up following the closure of the country’s sole asbestos producer, Shabanie and Mashaba Mines (SMM) and is now spending about $8 million annually to import raw material.

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(184 VIEWS)

Posted by Charles Rukuni November 28, 2014

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