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Posted inStories

Data drives telecos revenue up 15 percent

Zimbabwe’s telecommunications revenue increased by 15 percent to $262 million in the quarter to September from $228.7 million in the previous quarter driven by a rise in mobile data usage,…
Posted by Charles Rukuni December 15, 2016
Posted inStories

Tsvangirai declares 2017 the Year of the People’s Power- urges the youth to chat and tweet Mugabe out

Movement for Democratic Change leader Morgan Tsvangirai has declared 2017 the Year of the People’s Power and has called on the youths to fully participate in the country’s politics as…
Posted by Charles Rukuni December 14, 2016
Posted inStories

MDC-T Shadow Minister of Finance says a capital budget of $520 million cannot spur growth

Movement for Democratic Change-Tsvangirai Shadow Minister for Finance Tapiwa Mashakada says Zimbabwe is likely to remain stagnant next year as a capital budget of only $520 million cannot spur growth.…
Posted by Charles Rukuni December 14, 2016
Posted inStories

MP says give parents power to discipline their children to stop child marriages

The Member of Parliament for Muzarabani Alfred Mufunga says parents should have power to control their children and to discipline them to curb child marriages. In his contribution to the…
Posted by Charles Rukuni December 14, 2016
Posted inStories

David Whitehead looking for $50 million to operate at full capacity

Textile manufacturer David Whitehead Textiles is seeking a $50 million capital injection to turnaround the company to full capacity, the judicial manager overseeing its rehabilitation has said. David Whitehead, once…
Posted by Charles Rukuni December 13, 2016
Posted inStories

Tsvangirai ready to join a coalition as long as he is the presidential candidate

Movement for Democratic Change leader Morgan Tsvangirai has spelt out conditions under which his party can join a coalition the main one being that the parties must agree to field…
Posted by Charles Rukuni December 13, 2016
Posted inStories

MDC-T describes the jailing of its three cadres for murdering a cop as a travesty of justice

The Movement for Democratic Change had described the jailing of its three cadres-Tungamirai Madzokere, Yvonne Musarurwa and Last Maengahama for 20 years each for murdering a police officer in 2011…
Posted by Charles Rukuni December 13, 2016
Posted inStories

Powerspeed  says Zimbabwe import ban has done more harm than good

Electrical goods manufacturer Powerspeed, which reported a 45 percent decline in profit after tax in the full year to September from $780 000 to $454 000 weighed down by an…
Posted by Charles Rukuni December 12, 2016
Posted inStories

RBZ cuts bank withdrawal fees

The Reserve Bank of Zimbabwe (RBZ) has ordered a reduction in bank withdrawal fees, which will see the charges come down to a maximum of 1 percent and 1.25 percent…
Posted by Charles Rukuni December 12, 2016
Posted inStories

Bond notes: the birth of a new Zimbabwe currency?

The bond notes have arrived! Well at least a $2 one and a $1 coin. Subject to street protests, court cases, beatings and arrests, and the object of both ridicule…
Posted by Charles Rukuni December 12, 2016

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