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Posted inStories

Atlas Mara in $10million share buyback

Atlas Mara, owners of Pan-African banking group BancABC, says it has repurchased 20 000 of its shares as part of a $10 million buyback programme that could stabilise its share…
Posted by Charles Rukuni November 5, 2015
Posted inStories

Britain says it has no obligation to pay Zimbabwean pensioners

Britain has reiterated that it has no obligation to pay former civil servants who worked in Zimbabwe and are now on pension because they were appointed on local terms since…
Posted by Charles Rukuni November 5, 2015
Posted inStories

Border Timbers narrows loss, eyes regional market to boost recovery

Agro-industrial concern Border Timbers, which is currently under provisional judicial management, narrowed its loss for the full-year to June by 54 percent to $4.3 million as the struggling company starts…
Posted by Charles Rukuni November 5, 2015
Posted inStories

Opposition parties among the least trusted institutions in Africa- survey

Opposition parties are among the least trusted institutions in Africa with only 35 percent of those surveyed in 34 African countries saying they trusted them, a survey released by Afrobarometer…
Posted by Charles Rukuni November 5, 2015
Posted inStories

Zimbabwe slips two places in ease of doing business rankings

Zimbabwe has slipped two places in the World Bank’s “ease of doing business” rankings dropping from 153  in 2015 to 155 in the 2016 rankings. Its neighbours, Botswana and South…
Posted by Charles Rukuni November 4, 2015
Posted inStories

More than half the Zimbabweans do not trust the police

Zimbabwe’s police, who are currently under the spotlight after arresting four journalists employed by state-owned newspapers in the past two days, have a lot to do to spruce up their…
Posted by Charles Rukuni November 4, 2015
Posted inStories

Tobacco regulator to train 20 000 farmer to improve quality of the crop

The tobacco industry regulator says it will train 20 000 farmers on best farming practices to improve output and quality of the golden leaf to avoid riots over poor prices…
Posted by Charles Rukuni November 4, 2015
Posted inStories

Tsvangirai to start four-day tour of Mashonaland West tomorrow

Movement for Democratic Change leader Morgan Tsvangirai will start a four-day tour of Mashonaland West tomorrow kicking off in Hurungwe and winding his tour on Sunday in President Robert Mugabe’s…
Posted by Charles Rukuni November 4, 2015
Posted inStories

Phone companies plead with government to reverse tariff cut

Zimbabwe’s telecoms operators are pushing for the reversal of a government sanctioned tariff cut which they say has seen the sector’s revenue fall by as much as 14 percent and…
Posted by Charles Rukuni November 3, 2015
Posted inStories

Government to close down underperforming parastatals

The government will close down underperforming parastatals and will take tough action on local authorities which do not adhere to the rule that salaries should not exceed 30 percent of…
Posted by Charles Rukuni November 3, 2015

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