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Posted inStories

Econet Wireless Global raises stake in Econet Zimbabwe to 40 percent

Econet Wireless Zimbabwe major shareholder, Econet Wireless Global will control 40 percent of the telecoms firm following a $130 million rights offer which left a quarter of the shares on…
Posted by Charles Rukuni April 21, 2017
Posted inStories

Kenya Airways to launch Nairobi-Victoria Falls flights on May 1

One of Africa’s largest airlines, Kenya Airways, has brought forward the launch of its maiden flight into Victoria Falls to May 1, joining some of the biggest carriers on the…
Posted by Charles Rukuni April 21, 2017
Posted inStories

ZANU-PF likens opposition alliances to building a nightclub in a cemetery

The Zimbabwe African National Union-Patriotic Front which is under siege from its own supporters as well as the opposition has likened the opposition alliances announced in the past two days…
Posted by Charles Rukuni April 21, 2017
Posted inStories

Caledonia Zimbabwe sitting on $14.3 million cash

Caledonia Mining says gold production at its 49 percent- owned Blanket Mine in southern Zimbabwe rose by 18 percent to 12 794 ounces in the three months to March 31.…
Posted by Charles Rukuni April 20, 2017
Posted inStories

Zimbabwe surpasses first quarter revenue collection target by 6 percent

Zimbabwe’s state revenues amounted to $862 million in the quarter to March 31, six percent above target and 10 percent higher than the same period last year, the tax agency…
Posted by Charles Rukuni April 20, 2017
Posted inStories

Tsvangirai forms alliance with Welshman Ncube- promises o contest elections as one unit

Movement for Democratic Change leader Morgan Tsvangirai today signed a memorandum of understanding with Welshman Ncube, leader of the smaller faction of the MDC, and vowed to “harness and combine…
Posted by Charles Rukuni April 20, 2017
Posted inStories

Hwange Colliery gets 5 million tonnes per annum coal supply deals

Hwange Colliery says it has secured two long-term coal supply contracts with Zimbabwe Power Company and Lusulu Power, an independent power producer in Matabeleland North, which are expected to increase…
Posted by Charles Rukuni April 20, 2017
Posted inStories

It’s now seven against Kasukuwere only three to go

Zimbabwe African National Union-Patriotic Front structures have continued to defy calls by President Robert Mugabe to stop calling for the ouster of national commissar Saviour Kasukuwere with Mashonaland East joining…
Posted by Charles Rukuni April 20, 2017
Posted inStories

Of cattle, goats and the Movable Property Security Interests Bill

As the economic situation in Zimbabwe continues to decline, the government has had to resort to gymnastic levels of innovation to overcome challenges around productivity, liquidity and access to capital.…
Posted by Charles Rukuni April 19, 2017
Posted inStories

Tsvangirai formalises alliance with Mujuru

Movement for Democratic Change leader Morgan Tsvangirai today signed a memorandum of understanding to form a coalition government with National People’s Party leader Joice Mujuru. His remarks, however, did not…
Posted by Charles Rukuni April 19, 2017

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