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Posted inStories

Zimbabwe slides to 161 on World Bank doing business index

Zimbabwe has been ranked 161 out of 191 countries on the World Bank’s doing business index, six places lower than last year, indicating that its regulatory environment remains uncompetitive. The…
Posted by Charles Rukuni October 26, 2016
Posted inStories

Parliament calls on government to investigate Kasukuwere over Marange–Zimunya Community Share Ownership Trust within 14 days

Parliament yesterday called on the police, the anti-corruption commission and the auditor-general to investigate the conduct of Saviour Kasukuwere over the Marange-Zimunya Community Share Ownership Trust within 14 days. It…
Posted by Charles Rukuni October 26, 2016
Posted inStories

Cotton output set to be lowest ever

Zimbabwe’s cotton production is seen at its lowest at 30 000 tonnes in the 2016/17 season, mainly due to poor prices which has seen farmers migrate to more lucrative crops,…
Posted by Charles Rukuni October 25, 2016
Posted inStories

Data now contributes 40 percent of TelOne revenue

Zimbabwe’s fixed line operator, TelOne, says it sees data services eventually becoming the major contributor to the company’s revenue after it invested heavily into overlay services. Data now contributes over…
Posted by Charles Rukuni October 25, 2016
Posted inStories

Jonathan Moyo according to Wikileaks-Part Four

Higher Education Minister Jonathan Moyo was one of the newly appointed government ministers who persuaded President Robert Mugabe not to step down in 2001, former Murehwa Member of Parliament Victor…
Posted by Charles Rukuni October 25, 2016
Posted inStories

Zimbabwe’s Tokwe Mukosi dam nears completion

The Zimbabwe government has released $20 million for the completion of the one of the country’s largest dams, Tokwe-Mukosi, before the end of the year, the state infrastructure bank has…
Posted by Charles Rukuni October 25, 2016
Posted inStories

Metallon gold output up by 18 percent

Zimbabwe’s largest gold producer, Metallon Corporation said bullion output in the third quarter to September grew 18 percent on the previous quarter to 26 622 ounces , driven by higher…
Posted by Charles Rukuni October 25, 2016
Posted inStories

What’s next for Schweppes if Coca-Cola leaves?

Schweppes Zimbabwe Limited , a manufacturer and distributor of non-carbonated, still beverages under licence from The Coca-Cola Company faces a dire future if TCCC follows through on intentions to terminate…
Posted by Charles Rukuni October 24, 2016
Posted inStories

How Coca-Cola’s pulling out will impact on Delta

The decision by the Coca-Cola Company (TCCC) to terminate the Bottlers’ Agreements with Delta Beverages and its associate Schweppes Holdings Africa Limited will hit Zimbabwe’s largest listed firm hard, as…
Posted by Charles Rukuni October 24, 2016
Posted inStories

Jonathan Moyo according to Wikileaks-Part Three

President Robert Mugabe is hanging on to power because he is more worried about his physical security than financial security because he has more than enough money for him and…
Posted by Charles Rukuni October 24, 2016

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