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Posted inStories

Proplastics invests $1.5million in new plant

Plastic products manufacturer Proplastics today commissioned a new $1.5 million PVC plant which will increase production by 60 percent. The new plant will raise production by 360 tonnes monthly from…
Posted by Charles Rukuni November 28, 2016
Posted inStories

Public hearings on bond notes to start tomorrow

Public hearings on bond notes will be held throughout the country from tomorrow to Saturday by two teams from Parliament’s Finance and Economic Development Committee. It is not clear what…
Posted by Charles Rukuni November 28, 2016
Posted inStories

Top stocks fuelling Zimbabwe Stock Exchange bull run

Local investors are taking refuge in local stocks ahead of the central bank’s introduction of bond notes, a token currency that will trade a par with the greenback. Analysts say…
Posted by Charles Rukuni November 28, 2016
Posted inStories

Zimbabweans should be free to stay wherever they want-“this is our country”

Zimbabweans should be free to settle wherever they want because this is our country, a Member of Parliament said in apparent reference to sentiments by Musikavanhu legislator Prosper Mutseyami that…
Posted by Charles Rukuni November 27, 2016
Posted inStories

Local appetite for stocks keeps Zimbabwe Stock Exchange index high

The Zimbabwe Stock Exchange industrial index gained 4.19 percent to close at 131.65  points for the week on Friday while the mining index advanced by an impressive 26.10 percent to…
Posted by Charles Rukuni November 27, 2016
Posted inStories

Beware of misleaders who thrive on fear and capitalise on crises

We live in a world that romanticises crises. This gives rise to the false prophets, the smooth operators, the gangsters, and the demagogues who would have us believe that we…
Posted by Charles Rukuni November 27, 2016
Posted inStories

Zimbabwe to release bond notes on Monday but withdrawals to be limited to $150 a week

Zimbabwe will release the much talked about bond notes on Monday but will limit withdrawals of the new currency to $50 a day with a maximum of $150 a week…
Posted by Charles Rukuni November 26, 2016
Posted inStories

Tsvangirai’s mega rally overshadowed by Fidel Castro’s death

Movement for Democratic Change leader Morgan Tsvangirai’s mega rally at the Zimbabwe grounds was completely overshadowed by former Cuban President Fidel Castro’s death. Though his supporters braved the rain to…
Posted by Charles Rukuni November 26, 2016
Posted inStories

Farmers who abuse command agriculture inputs to be charged- minister

Beneficiaries of the government’s command agriculture scheme aimed at making Zimbabwe food sufficient will be charged if they do not deliver their maize to the Grain Marketing Board, Deputy Agriculture…
Posted by Charles Rukuni November 26, 2016
Posted inStories

Only $9.4 million bond coins in circulation

The Reserve Bank of Zimbabwe (RBZ) has pumped more than $6 million worth of bond coins into the economy since last September bringing the total value of coins in circulation…
Posted by Charles Rukuni November 26, 2016

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