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Posted inStories

Unifreight outlook ‘extremely positive’ after restructuring – CEO

Logistics group, Unifreight says its outlook is ‘extremely favourable’ after cost cutting measures resulted in savings of $5 million annually. Chief executive Rob Kuipers told shareholders at the annual general…
Posted by Charles Rukuni July 3, 2017
Posted inStories

MP calls on cash-strapped government to take over the debt of Air Zimbabwe and National Railways

The Member of Parliament for Chegutu West Dextor Nduna says the government should take over the debts of the national airliner Air Zimbabwe and the National Railways of Zimbabwe  to…
Posted by Charles Rukuni July 3, 2017
Posted inStories

Reserve Bank of Zimbabwe approval boosts Zimre regional prospects

Zimre Holdings Limited (ZHL) says it has been granted permission by the central bank to open a $2 million offshore account for its reinsurance company, Baobab, to allow the company…
Posted by Charles Rukuni July 2, 2017
Posted inStories

Ministry of Transport cuts phone bill from $1.9 million to $649 a month after audit

Zimbabwe’s excessive government expenditure can be cut if there is adequate policing. The Ministry of Transport head office cut its telephone bill from $1.9 million, roughly $158 300 a month,…
Posted by Charles Rukuni July 2, 2017
Posted inStories

Outlook bright for Starafrica despite $5.8 million loss

Starafrica Corporation posted a 75 growth in revenue to $32.6 million for the year ended March 31, driven by improved production at its Goldstar Sugars Harare (GSSH) and profitability at…
Posted by Charles Rukuni July 2, 2017
Posted inStories

If Facebook were a religion, it would be the second largest in the world

Facebook announced this week that 2 billion people — more than one quarter of the world's population — are now active users of the social network Mark Zuckerberg started in…
Posted by Charles Rukuni July 2, 2017
Posted inStories

Nkosana Moyo would not stand a chance even against Chinotimba

A number of Insider readers have described former Industry Minister Nkosana Moyo, who announced that he would be running for president next year, as a spoiler with one saying he…
Posted by Charles Rukuni July 2, 2017
Posted inStories

Maridadi asks Mphoko, do you eat or sleep at night when you hear so much corruption in government?

Mabvuku-Tafara legislator James Maridadi last week asked Vice-President Phelekezela Mphoko what goes on in his head when he hears about rampant corruption in the government as reflected in the Public…
Posted by Charles Rukuni July 2, 2017
Posted inStories

Zimbabwe tobacco board exports $1.6 million seed

Zimbabwe’s Tobacco Research Board (TRB) exported barley tobacco seed worth $1.6 million in the 2016/7 season and plans to set up shop in regional markets to boost the numbers, an…
Posted by Charles Rukuni July 1, 2017
Posted inStories

Bindura Nickel Corporation revenue up to $45 million

Bindura Nickel Corporation (BNC) recorded a 7 percent increase in revenue to $45.1 million in the full year to March from $42.3 million in the prior year, on increased production…
Posted by Charles Rukuni July 1, 2017

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