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Zimbabwe war veterans in fresh foray into business
The government has awarded a lucrative tender to Power Zimbabwe Private Limited – a company wholly owned by war veterans – as the ex-combatants make a fresh bid to venture…
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Former Zimbabwe minister removed from US sanctions list
Former Minister in former Vice-President Joice Mujuru’s office, Sylvester Nguni was yesterday removed from the United States-Zimbabwe sanctions list. Nguni, who is now a senior member of the Zimbabwe People…
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Mugabe seeks parliamentary approval for bond notes
The government has moved to amend the Reserve Bank of Zimbabwe Amendment Act through Parliament to regularise the introduction of ‘bond notes,’ a surrogate currency designed to arrest a biting…
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Zimbabwe police are thoroughly corrupt says business
An overwhelming majority of Zimbabwe’s businesses perceive the police, state procurement board and tax collector to be the country’s most corrupt government agencies, according to a survey conducted by three…
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Land Commission Bill- what is it all about?
Zimbabwe has began the first step to regularise its land reform programme, which the government described as a phenomenal success without any comparison in modern history, through the introduction of…
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Nampak Zimbabwe operating profit up 65 percent
The paper and packaging company, Nampak Zimbabwe, has reported a 65 percent increase in operating profit for the full-year to September 30 to $6.8 million from $4.1 million recorded in…
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Star Africa rescued by state- controlled entities
Star Africa shareholders have approved a debt-equity swap arrangement which will see the central bank’s asset manager assuming its $32.2 million liabilities in a transaction that will see quasi-government entities…
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Listen to me, I got more votes than any other Member of Parliament- Zimbabwe MP says as he urges government to issue offer letters for land to families and not one person
The Member of Parliament for Uzumba, Simbaneuta Mudarikwa, today said the government should issue offer letters for land to families rather than to individuals so that the family is not…
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UN approves $26 million for irrigation support in Zimbabwe
Zimbabwe is set to receive a $25.5 million grant from the United Nation’s International Fund for Agricultural Development (IFAD) to support irrigation projects in the country, Finance Minister Patrick Chinamasa…
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Minister rubbishes $500 000 payouts for Zimbabwe war veterans
The minister responsible for the country’s war veterans has laughed off reports that the former liberation fighters could walk away with $500 000 payouts saying he did not take the…