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Stories

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Posted inStories

Zimbabwe Stock Exchange  bull run boosts First Mutual net income

First Mutual Holdings’ net income for the five months to May jumped by 44 percent to $4.36 million, spurred by an increase in investment income. The Zimbabwe Stock Exchange has…
Posted by Charles Rukuni June 15, 2017
Posted inStories

Beware of Magaya’s sponsorship of the Zimbabwe national soccer team-  MPs warn

Two legislators, one an independent, yesterday questioned Prophetic Healing and Deliverance leader Walter Magaya’s sponsorship of the Zimbabwe national soccer team. Temba Mliswa questioned whether his sponsorship was sustainable because…
Posted by Charles Rukuni June 15, 2017
Posted inStories

Golden opportunity to revive Bulawayo

The government has set aside funds to revive industry in Bulawayo and is inviting entrepreneurs from the second city to apply for these funds to restore Bulawayo as the industrial…
Posted by Charles Rukuni June 15, 2017
Posted inStories

Brainworks to list on Johannesburg Stock Exchange

Zimbabwean investment group, Brainworks Capital says it plans to list on the Johannesburg Stock Exchange (JSE) later this year, with an Initial Public Offer (IPO) set for next month. Brainworks…
Posted by Charles Rukuni June 14, 2017
Posted inStories

Altfin creditors to recover only 25 percent of money owed

The liquidator of Altfin Life Assurance says creditors should expect to recover a quarter of their claims if he sells off the company’s building. Altfin was liquidated in September last…
Posted by Charles Rukuni June 14, 2017
Posted inStories

Econet cashes on broadband and Ecocash

Zimbabwe’s largest mobile operator, Econet continues to leverage on broadband and mobile transactions growth to protect its topline against a background of waning voice and SMS revenues owing to the…
Posted by Charles Rukuni June 14, 2017
Posted inStories

Why Mnangagwa wants Mugabe to appoint the Chief Justice

Vice-President Emmerson Mnangagwa yesterday said the constitution amendment bill that seeks to give the President powers to appoint the chief justice, his deputy and the president of the High Court…
Posted by Charles Rukuni June 14, 2017
Posted inStories

Poor chrome prices a threat to Zimbabwe’s small-scale mining

Chrome ore prices are projected to remain depressed in the short-term, posing a threat to Zimbabwe’s vibrant small-scale mining industry, an official has said. A glut on the international market…
Posted by Charles Rukuni June 14, 2017
Posted inStories

Will today be D-day for Kasukuwere or just another dud?

The Zimbabwe African National Union-Patriotic Front’s politburo’s meeting today has been hyped amid speculation that it will discuss the fate of embattled national commissar Saviour Kasukuwere, but this could just…
Posted by Charles Rukuni June 14, 2017
Posted inStories

Ariston narrows loss to $2 million

Ariston Holdings’ loss position for the six months to March 31 narrowed seven percent to $1.99 million from $2.14 million in 2016 on the back of reduced revenues. Revenue at…
Posted by Charles Rukuni June 13, 2017

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