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Posted inStories

Altfin creditors to recover only 25 percent of money owed

The liquidator of Altfin Life Assurance says creditors should expect to recover a quarter of their claims if he sells off the company’s building. Altfin was liquidated in September last…
Posted by Charles Rukuni June 14, 2017
Posted inStories

Econet cashes on broadband and Ecocash

Zimbabwe’s largest mobile operator, Econet continues to leverage on broadband and mobile transactions growth to protect its topline against a background of waning voice and SMS revenues owing to the…
Posted by Charles Rukuni June 14, 2017
Posted inStories

Why Mnangagwa wants Mugabe to appoint the Chief Justice

Vice-President Emmerson Mnangagwa yesterday said the constitution amendment bill that seeks to give the President powers to appoint the chief justice, his deputy and the president of the High Court…
Posted by Charles Rukuni June 14, 2017
Posted inStories

Poor chrome prices a threat to Zimbabwe’s small-scale mining

Chrome ore prices are projected to remain depressed in the short-term, posing a threat to Zimbabwe’s vibrant small-scale mining industry, an official has said. A glut on the international market…
Posted by Charles Rukuni June 14, 2017
Posted inStories

Will today be D-day for Kasukuwere or just another dud?

The Zimbabwe African National Union-Patriotic Front’s politburo’s meeting today has been hyped amid speculation that it will discuss the fate of embattled national commissar Saviour Kasukuwere, but this could just…
Posted by Charles Rukuni June 14, 2017
Posted inStories

Ariston narrows loss to $2 million

Ariston Holdings’ loss position for the six months to March 31 narrowed seven percent to $1.99 million from $2.14 million in 2016 on the back of reduced revenues. Revenue at…
Posted by Charles Rukuni June 13, 2017
Posted inStories

New Kwekwe cement plant begins production

The newly constructed Livetouch Cement manufacturing plant in Redcliff near Kwekwe has began production, but on a low scale, the chief executive has said. “We have started producing cement but…
Posted by Charles Rukuni June 13, 2017
Posted inStories

MDC-T says there is no rift between Tsvangirai and Khupe

The Movement for Democratic Change today said there is no rift between party president Morgan Tsvangirai and his deputy Thokozani Khupe. The party said Khupe is working with National People’s…
Posted by Charles Rukuni June 13, 2017
Posted inStories

Zimbabwe says wage bill down from 85 to 65 percent of government expenditure

Zimbabwe says its decision to freeze recruitment of public sector workers has lowered its wage bill to 65 percent of expenditure, from around 85 percent previously and resulted in monthly…
Posted by Charles Rukuni June 13, 2017
Posted inTop story of the day

Africa’s stake in Brexit,

As Britain focuses on what its relationship with the European Union might look like once it leaves the bloc, sometime during 2019, the rest of the world is already girding…
Posted by Charles Rukuni June 13, 2017

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Insider's Q&A
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