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Posted inStories

$10 billion Independent Power Projects in Zimbabwe stall on failure to access finance

Zimbabwe requires at least $10 billion to fund various power projects which would see the country generate an additional 4 192 megawatts and plug a crippling power deficit. The southern…
Posted by Charles Rukuni November 3, 2017
Posted inStories

What the hell is Zimbabwe Airways-MDC-T asks?

The Movement for Democratic Change has expressed disgust at the way the national airline, Air Zimbabwe, is run and is now asking who actually owns Zimbabwe Airways which, reports say,…
Posted by Charles Rukuni November 3, 2017
Posted inStories

We are not greedy at all, Zimbabwe MP says

Buhera West Member of Parliament Oliver Mandidpaka said legislators were not greedy at all but were dedicated to representing the people. He said this after Norton Member of Parliament Temba…
Posted by Charles Rukuni November 3, 2017
Posted inStories

Caledonia to extend Zimbabwe Blanket Mine life span

Caledonia Mining Corporation says it has identified additional gold resources at its Blanket Mine, which could extend its lifespan. The company has since 2014 been undertaking an expansion of the…
Posted by Charles Rukuni November 3, 2017
Posted inStories

Mliswa insists MPs are not cry-babies, they are just underpaid

Norton legislator who on Wednesday complained that $2 000 paid to Members of Parliament was too little as it translated to only $1 000, yesterday raised the issue again saying…
Posted by Charles Rukuni November 3, 2017
Posted inStories

Don’t Mnangagwa and Mphoko see eye to eye anymore?

This was the question raised by Buhera South legislator Joseph Chinotimba when Vice-President Phelekezela Mphoko left the House of Assembly just before his colleague Emmerson Mnangagwa walked in. Mphoko had…
Posted by Charles Rukuni November 3, 2017
Posted inStories

Zimbabwe Stock Exchange market cap nears $15 billion

The Zimbabwe Stock Exchange’s industrial index gained 0.25 percent to 524.51 points yesterday while the mining index advanced 1.70 percent to close at 140.62 points. Market capitalisation stood at $14.92…
Posted by Charles Rukuni November 3, 2017
Posted inStories

Greedy government officials disrupting sugar production

Zimbabwe’s small scale sugarcane growers on today told the Senate that their fields are continuously being subdivided by greedy senior government officials, hitting hard their production. “It would appear that…
Posted by Charles Rukuni November 2, 2017
Posted inStories

Broke government releases $4 million to pay off allowances for restive MPs

Zimbabwe’s broke government has released $4 million to settle overdue sitting allowances for Members of Parliament, about 50 percent of the total owed, Clerk of Parliament Kennedy Chokuda said on…
Posted by Charles Rukuni November 2, 2017
Posted inStories

Zimbabwe Stock Exchange grows by 25 percent in October

The Zimbabwe Stock Exchange industrial index advanced 24.73 percent in October to close at 521.85 points, as the hunt for stocks on the local bourse shows no signs of letting…
Posted by Charles Rukuni November 2, 2017

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Insider's Q&A
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