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Stories

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African Development Bank wants local investors for $4 billion Batoka power project

The African Development Bank (AFDB) says it wants local investors to participate in the financing of the construction of Batoka Gorge Hydro Electric Scheme. Zimbabwe and Zambia, who are scouting…
Posted by Charles Rukuni April 3, 2017
Posted inStories

Mugabe is so old he could vote for Tsvangirai without noticing it, Mwonzora says

Zimbabwean President Robert Mugabe is now so old that next year, when he will be 94, he will vote for Movement for Democratic change leader Morgan Tsvangirai without noticing it.…
Posted by Charles Rukuni April 3, 2017
Posted inStories

Metbank Zimbabwe profit doubles

Metbank Zimbabwe says its after tax profit for the full year to December more than doubled to $660 288  from $259 510 previously on increased income. Operating income rose 90…
Posted by Charles Rukuni April 3, 2017
Posted inStories

Trump the most unpopular US president since 1945

United States President Donald Trump is the most unpopular US president since the World War according to a poll comparing the first 69-days of Trump and 12 past presidents. The…
Posted by Charles Rukuni April 3, 2017
Posted inStories

Zimbabwe’s Dawn Properties recovers to earn $1 million profit

Dawn Properties after tax profit reached $1.02 million for the year ended December compared to a 9 month comparative period loss of $3.84 million largely driven by cost reductions and…
Posted by Charles Rukuni April 2, 2017
Posted inStories

Why does water have a fixed charge in Zimbabwe? MP asks

A Zimbabwe African National Union-Patriotic Front Member of Parliament has welcomed the proposed National Competitiveness Commission Bill saying it will “act as a grinding stone, which will ensure that our…
Posted by Charles Rukuni April 2, 2017
Posted inStories

Zuma opens the doors for looting the national purse

South Africa has entered a new political chapter that promises catastrophic outcomes after President Jacob Zuma reshuffled his cabinet last week, firing the Finance Minister, Pravin Gordhan, and his deputy,…
Posted by Charles Rukuni April 2, 2017
Posted inStories

MDC-T legislator complains that Zimbabwe has too many commissions doing nothing

Movement for Democratic Change legislator for Bulawayo Nicola Watson has sided with her Bulawayo colleague Eddie Cross in rejecting the proposed National Competitiveness Commission Bill saying Zimbabwe has too many…
Posted by Charles Rukuni April 2, 2017
Posted inStories

Stanbic Zimbabwe profit falls…..to $21 million

Stanbic Bank Zimbabwe reported a 11 percent drop in profit after tax from $23.9 million to $21.2 million in the full year to December 2016, as cash transactions decline and…
Posted by Charles Rukuni April 2, 2017
Posted inStories

Zimbabwe Stock Exchange lifts suspension of Chiyangwa’s company

The Zimbabwe Stock Exchange has lifted the suspension of Zeco Holdings shares with effect from March 31 after the engineering concern complied with listing requirements. Zeco shares were suspended on…
Posted by Charles Rukuni April 1, 2017

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Insider's Q&A
  • Which is the most innovative country in the world? asked by Charles Rukuni
  • Has Mnangagwa unshackled Zimbabwe’s economy? asked by Charles Rukuni
  • Is Mthuli Ncube undermining the Zimbabwe dollar? asked by Charles Rukuni
  • Is it true that the most vocal teachers union in Zimbabwe has only 386 members? asked by Charles Rukuni
  • Is calling for sanctions un-MDC? asked by Charles Rukuni
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