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Stories

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Posted inStories

Mugabe launches $1 billion Harare-Beitbridge dualisation project

Zimbabwe’s President Robert Mugabe today officially launched the start of work on the dualisation of the Harare-Beitbridge highway for $984 million. The highway is Zimbabwe’s busiest and most economically significant.…
Posted by Charles Rukuni May 18, 2017
Posted inStories

Zimbabwe pensions might be revised from $60 to $150 a month by the end of the year

Senior citizens pensions under the National Social Security Authority (NSSA) might be reviewed upwards from the current $60 a month first to $100 and then to $150, Minister of Public…
Posted by Charles Rukuni May 18, 2017
Posted inStories

Telecel Zimbabwe seeks $200 million to revive operations

Zimbabwe’s smallest mobile network operator, Telecel  is in discussions with investors over a $200 million loan seen as crucial to reviving its operations. Telecel has 1.8 million active subscribers out…
Posted by Charles Rukuni May 18, 2017
Posted inStories

Chinamasa urges Zimbabweans to change their mindsets, a person with 20 goats cannot say he is poor

Zimbabwe Finance Minister Patrick Chinamasa urged Zimbabweans to change their mindsets and value the stock they owned because this was a form of wealth which they could easily convert to…
Posted by Charles Rukuni May 18, 2017
Posted inStories

Zimbabwe Finance Minister says you cannot borrow money to pay lobola because a woman is not a tractor

Zimbabwe’s Finance Minister Patrick Chinamasa says people should borrow money for productive purposes and chided that one cannot borrow money to pay lobola-bride price- for example, because a woman is…
Posted by Charles Rukuni May 18, 2017
Posted inStories

Meikles reaches agreement with government over central bank debt

Hospitality and retail group Meikles Limited has reached an agreement with the government over a Reserve Bank of Zimbabwe which has been outstanding for two decades, chairman John Moxon said…
Posted by Charles Rukuni May 18, 2017
Posted inStories

Nampak Zimbabwe profit falls from $1.48 to $838 000

Nampak Zimbabwe’s after tax profit fell 43.4 percent to $838 000 in the six months to March, from $1.48 million in the same period last year, on the back of…
Posted by Charles Rukuni May 17, 2017
Posted inStories

Wikileaks leaker goes to jail as a man, comes out as a woman

The United States army private who was jailed for 35 years for one of the largest leaks of classified documents was released today after serving only seven years. The private…
Posted by Charles Rukuni May 17, 2017
Posted inStories

Zimbabwe to construct $200 million platinum refinery with Australian firm

Zimbabwe plans to construct a 300 000 tonne platinum refining plant in a joint venture with an Australian-based firm Kelltech at an estimated cost of $200 million, Mines Minister Walter…
Posted by Charles Rukuni May 17, 2017
Posted inStories

ZANU-PF president to be in power until 21 August 2018 even if Mugabe goes

The Zimbabwe African National Union-Patriotic Front will be in power until 21 August next year even if President Robert Mugabe steps down, the parliamentary watchdog Veritas says. It says Mugabe…
Posted by Charles Rukuni May 17, 2017

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