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Stories

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Van Hoogstraten refuses to endorse RTG loan restructuring

Rainbow Tourism Group (RTG) shareholder Nick Van Hoogstraten has opposed the group’s decision to restructure a $10 million NSSA loan, arguing that the initial loan was not used for its…
Posted by Charles Rukuni June 16, 2016
Posted inStories

ZANU-PF appointed Gweru City commissioners gobbling $1 000 a day

Commissioners appointed to head the City of Gweru by Local Government Minister Saviour Kasukuwere are gobbling $1 000 a day in fees and allowances, Movement for Democratic Change-Tsvangirai Secretary for…
Posted by Charles Rukuni June 16, 2016
Posted inStories

Chinese company to train Zimbabweans in diamond cutting and polishing

A Chinese company will train 300 Zimbabweans in diamond cutting and polishing over the next three years, Mines Minister Walter Chidhakwa said yesterday without disclosing its name. He, however, said…
Posted by Charles Rukuni June 16, 2016
Posted inStories

Mnangagwa tells MPs that a diplomatic passport is not a right

Vice-President  Emmerson Mnangagwa who is also the Minister of Justice and leader of the House in Parliament yesterday told Members of Parliament that a diplomatic passport was not a right…
Posted by Charles Rukuni June 16, 2016
Posted inStories

ZSE slides to lowest levels since April 2009

The Zimbabwe Stock Exchange (ZSE) fell to its lowest level in seven years on Tuesday, in a further show of weakening investor sentiment. The main industrial index lost 0.12 percent…
Posted by Charles Rukuni June 16, 2016
Posted inStories

Kariba power expansion on course for 2018 target

Zimbabwe is on course to meet its 2018 deadline for the completion of the Kariba south hydro power plant, with 48 percent of the work already done, an official said…
Posted by Charles Rukuni June 15, 2016
Posted inStories

Marange diamond mine workers demand 20 percent stake in merged firm

Marange diamond workers are demanding a 20 percent shareholding stake in the newly established Zimbabwe Consolidated Diamond Company (ZCDC), a union official has said. The wholly-owned state company was formed…
Posted by Charles Rukuni June 15, 2016
Posted inStories

MDC-T castigates Mugabe for blaming Chinese for Zimbabwe’s woes

The Movement for Democratic Change has castigated President Robert Mugabe for blaming Chinese nationals for the current cash crisis in the country and says the root cause of Zimbabwe’s socio-economic…
Posted by Charles Rukuni June 15, 2016
Posted inStories

Zimbabwe slashes company registration time from 90 to 13 days

Zimbabwe has reduced the time it takes to register a company from 90 to 13 days, as part of a broad effort to improve the ease of doing business in…
Posted by Charles Rukuni June 15, 2016
Posted inStories

Zimbabwe cuts bank charges in push for electronic payments

Charges for electronic payments have been cut after an agreement between the Reserve Bank of Zimbabwe, banks and providers of payment platforms, the central bank announced yesterday. RBZ announced it…
Posted by Charles Rukuni June 15, 2016

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Insider's Q&A
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