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Stories

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Posted inStories

Zimbabwe offers reward for exposing those hoarding cash

Zimbabwe’s central bank is offering a 5 percent reward to whistleblowers reporting on individuals, traders and firms hoarding, selling or illicitly funneling cash out of the country, governor John Mangudya…
Posted by Charles Rukuni May 3, 2017
Posted inStories

Chinotimba says MPs should not pay for vehicles they use because they are doing government work

Buhera South Member of Parliament Joseph Chinotimba yesterday said legislators should not pay for vehicles that they were issued by the government because they are using them to go government…
Posted by Charles Rukuni May 3, 2017
Posted inStories

Turnall slips to $4 million loss

Turnall Holdings yesterday reported a loss of $4 million in the full-year to December 2016 from a profit of $106 938 in the prior year, due to low consumer demand.…
Posted by Charles Rukuni May 3, 2017
Posted inStories

Maridadi appointed chair of the Zimbabwe Chapter of African Parliamentarians Network Against Corruption

Mabvuku-Tafara legislator James Maridadi, who has been at the forefront of exposing corruption especially by Chinese companies, has been elected chair of the local chapter of the African Parliamentarians Network…
Posted by Charles Rukuni May 3, 2017
Posted inStories

Zimbabwe Parliament says permanent secretary for mines should be fired within a month

The Permanent Secretary for Mines Francis Gudyanga should be fired within a month for aiding illicit financial outflows from the country’s diamonds and poor corporate governance, the parliamentary committee on…
Posted by Charles Rukuni May 3, 2017
Posted inStories

NSSA now controls 51 percent of NicozDiamond

State-run pension fund, National Social Security Authority (NSSA) has increased its stake in Zimbabwe’s largest short-term insurer NicozDiamond to 50.9 percent after eight percent of minority shareholders accepted its mandatory…
Posted by Charles Rukuni May 3, 2017
Posted inStories

Kenya Airways launches Nairobi-Vic Falls-Cape Town flights

Kenya Airways launched its first direct flights between Nairobi and Zimbabwe’s resort town of Victoria Falls yesterday, becoming the second regional airline to introduce new frequencies on the route this…
Posted by Charles Rukuni May 2, 2017
Posted inStories

Goods from Zimbabwe to UK duty free!

Goods from Zimbabwe currently benefit from duty-free access to the UK because Zimbabwe is a member of the interim Eastern and Southern Africa Economic Partnership Agreement with the European Union.…
Posted by Charles Rukuni May 2, 2017
Posted inStories

Zimbabwe Stock Exchange market capitalisation grows to $4 billion

The Zimbabwe Stock Exchange mainstream index advanced 2.88  percent in April to close at 142.96 points as eight of the top 10 counters by market capitalisation all recorded gains. The…
Posted by Charles Rukuni May 2, 2017
Posted inStories

Daily News confirms appointment of Chisese but silent on Fingaz acquisition

Associated Newspapers of Zimbabwe today confirmed the appointment of former Financial Gazette chief executive officer Jacob Chisese as the company’s chief operating officer but made no mention at all about…
Posted by Charles Rukuni May 2, 2017

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