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Posted inStories

Sakunda ropes in local banks to fund command agriculture programme

Fuel supplier, Sakunda Holdings, which financed government’s command agriculture special maize production programme, says it has roped in a consortium of local banks to help fund the scheme over the…
Posted by Charles Rukuni June 7, 2017
Posted inStories

Hwange Colliery seeks $15 million capital boost

Hwange Colliery Company says its production for May rose by over 200 percent to 170 000 tonnes, from 52 000 tonnes in April after shareholders approved a debt repayment scheme…
Posted by Charles Rukuni June 7, 2017
Posted inStories

Zimbabwe’s anti-corruption body clears a State enterprise employee who earned US$236 000 a month

The former chief executive of Premier Services medical Aid Society Cuthbert Dube who was earning a staggering US$236 000 and was entitled to a loan twelve times his monthly salary…
Posted by Charles Rukuni June 7, 2017
Posted inStories

Farm workers get $3 salary increment

Farm workers and employers have agreed on a salary increment of 4.2 percent or $3 for 2017, which will see the lowest earner being paid $75 per month effective this…
Posted by Charles Rukuni June 7, 2017
Posted inStories

Reserve Bank of Zimbabwe approves Vast Resources share disposal

The Reserve Bank of Zimbabwe has approved the sale of nearly 50 percent of Vast Resources shares in its Zimbabwe operations to a Mauritian investment company. Vast Resources, which owns…
Posted by Charles Rukuni June 7, 2017
Posted inStories

Zimbabwe Stock Exchange market capitalisation hits $5 billion

The Zimbabwe Stock Exchange’s market capitalisation reached $5 billion today after the industrial index rallied by  0.65 percent to close at 171.48 points, its highest since September 30, 2014. Historically,…
Posted by Charles Rukuni June 6, 2017
Posted inStories

Zimbabwe tourism earns $890 million but visitors complain services are overpriced

Zimbabwe received 2.1 million tourists in 2016, up from 2.06 million in the previous year and earned the country $890 million, latest statistics released by the Zimbabwe Tourism Authority show.…
Posted by Charles Rukuni June 6, 2017
Posted inStories

Bird flu hits Zimbabwe’s biggest chicken breeder

Zimbabwe’s biggest chicken breeder, Irvine’s today said it had detected and contained an avian influenza outbreak at one of its properties. The World Organisation for Animal Health (OIE) reported last…
Posted by Charles Rukuni June 6, 2017
Posted inStories

Blow for MDC-T as independent election watchdog okays Chinese company which won voter registration tender

The Opposition Movement for Democratic Change led by Morgan Tsvangirai has suffered a terrible bow after independent election watchdog, the Zimbabwe Election Supervisory Network, said the Chinese company that won…
Posted by Charles Rukuni June 6, 2017
Posted inStories

Lafarge  revenue falls 15 percent in first quarter

Lafarge Cement’s revenue for the first quarter to March was 15 percent lower than comparable period last year due to low aggregate demand caused by excessive rainfall and falling disposable…
Posted by Charles Rukuni June 6, 2017

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Insider's Q&A
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