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Posted inStories

Chiyangwa ordered to pay back $4 million Interfin loan

Businessman Philip Chiyangwa has been ordered by the High Court to pay back a loan advanced to his Pinnacle Properties Holding by the collapsed Interfin Bank and interest charges all…
Posted by Charles Rukuni November 23, 2015
Posted inStories

Zimbabwe bank boss backs South African rand rejection but says country won’t block its use

Zimbabwe’s central bank governor John Mangudya says businesses can reject the South African rand because of its volatile exchange rate to the United States dollar but it still remains legal…
Posted by Charles Rukuni November 23, 2015
Posted inStories

Government to stop paying teachers at private schools

The government will stop paying teachers at private and trust schools because it is unfair to use public funds to pay teachers at institutions that are run on a commercial…
Posted by Charles Rukuni November 23, 2015
Posted inStories

How to foster mining growth in Zimbabwe

Mining is in most cases a long term investment which demands huge capital outlays with benefits to be enjoyed many years after expenditure of money in exploration, surveys, infrastructure development…
Posted by Charles Rukuni November 22, 2015
Posted inStories

Cuthbert Dube earned $13 000 a day at PSMAS- MP says

Former Premier Service Medical Aid Society chief executive Cuthbert Dube earned $13 000 a day for five years and at one time in 2012 this went up to $22 500…
Posted by Charles Rukuni November 22, 2015
Posted inStories

Zimbabwe to charge concessionary rates to ICASA delegates

Zimbabwe is going to charge delegates to the International Conference on Aids and STIs in Africa which will be held in Harare from 29 November to 4 December concessionary rates,…
Posted by Charles Rukuni November 21, 2015
Posted inStories

Parastatals not following reporting procedure

Zimbabwe’s State institutions and parastatals are not following laid down reporting procedures and they seem to be getting away with it, Harare West Member of Parliament Jessie Majome said. She…
Posted by Charles Rukuni November 21, 2015
Posted inStories

Masiyiwa drops out of Forbes Africa’s top 50 richest

Zimbabwe’s richest man Strive Masiyiwa has dropped out of the Forbes Africa’s top 50 richest list though the minimum net worth to be included in the list dropped from $510…
Posted by Charles Rukuni November 21, 2015
Posted inStories

Grace Mugabe says Mnangagwa is my best friend

First Lady Grace Mugabe yesterday told the nation that Vice-President Emmerson Mnangagwa whom she is allegedly at loggerheads with is in fact her best friend who has been sharing things…
Posted by Charles Rukuni November 21, 2015
Posted inStories

Innscor cuts prices to drive volumes

Innscor Africa says it has adopted an aggressive pricing regime to grow its volumes and protect its revenue base in the face of increased competition and falling disposable incomes. Chief…
Posted by Charles Rukuni November 20, 2015

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