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Posted inStories

South Africa bans Zimbabwe chicken imports over bird flu

South Africa has suspended trade in birds and chicken products from Zimbabwe after an outbreak of the highly contagious bird flu at a commercial poultry farm near Harare. This follows…
Posted by Charles Rukuni June 9, 2017
Posted inStories

Zimbabwe domestic debt up by $4 billion in three months

The Zimbabwe government continues to dominate the local credit market, with domestic debt rising 40 percent to $4 billion in the quarter to March. With falling tax revenues and little…
Posted by Charles Rukuni June 9, 2017
Posted inStories

NicozDiamond’s premiums up 11 percent

Zimbabwe’s largest short-term insurer, NicozDiamond’s Gross Premiums Written grew 11 percent to $19.5 million in the five months to May 2017. Revenue for the first four months to April marginally…
Posted by Charles Rukuni June 8, 2017
Posted inStories

Cuthbert Dube and the battle against greed

Cuthbert Dube broke no law when he took money from poor members of the Public Service Medical Aid Society (PSMAS) and paid himself millions. That is the verdict of the…
Posted by Charles Rukuni June 8, 2017
Posted inStories

Makomo coal production now at 140k monthly says manager

Coal miner Makomo Resources says production at its Hwange mine is recovering after a slow start to the year, with May output at 140 000 tonnes, from 130 000 tonnes…
Posted by Charles Rukuni June 8, 2017
Posted inStories

Hippo Valley back in the black with $7.7 million profit

Hippo Valley Estates, the local unit of South African sugar processor Tongaat Hulett, today reported a net income of $7.7 million for the full-year to March 31 from a loss…
Posted by Charles Rukuni June 8, 2017
Posted inStories

Edgars Zimbabwe in $1 million profit

Clothing retail chain Edgars Stores’ profit-after-tax nearly trebled to $1 million in the year-to-date, from $35 000 last year and 200 percent above budget due to lower costs. In a…
Posted by Charles Rukuni June 8, 2017
Posted inStories

Harare couple robbed of $80 000 cash

Zimbabwe police have confirmed that a Harare couple was robbed of $80 000 cash on Saturday in Madokero suburb. Police spokesman Charity Charamba told The Herald: “The ZRP is investigating…
Posted by Charles Rukuni June 8, 2017
Posted inStories

The United States considered Sekeramayi presidential material way back in 1988

Defence Minister Sydney Sekeramayi was considered presidential material way back in 1998 by the United States embassy in Harare, according to a cable dispatched by its ambassador to Zimbabwe James…
Posted by Charles Rukuni June 7, 2017
Posted inStories

Zimbabwe to sell wildlife to DRC and Gambia

Zimbabwe is set to export wildlife to the Democratic Republic of Congo and Gambia, the Environment Minister, Oppah Muchinguri-Kashiri has said. Muchinguri said that the two countries recently sent special…
Posted by Charles Rukuni June 7, 2017

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