Stories

Zimbabwe’s largest mobile phone operator Econet Wireless has partnered with a family trust of founder and executive chairman Strive Masiyiwa in launching an e-commerce service as the group seeks to drive volumes for its mobile money transfer platform.

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Cigarette manufacturer British American Tobacco (BAT) says net profit for the first half year to June grew 43 percent to $7.6 million compared with the same period last year on better production and distribution efficiencies despite weaker demand for its products.

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If legendary and loathed US Activist investor “Carl Icahn” had one company to pounce upon on the ZSE, it would be Meikles Limited. His obvious first port of call would be: rally proxies to push for a spinoff of TM from the group.

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First Lady Grace Mugabe says she has no ambition to become Zimbabwe’s president. In fact, she says, she is not even interested in politics. “I am just there for women’s issues,” she told the Sunday Mail.

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Countries are poor because governments are corrupt. And, unless they ensure that public resources are not stolen, and that public power is not used for private gain, they will remain poor, right?

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The Deputy Minister of Agriculture Paddy Zhanda said last week it was unfair for A2 farmers to continue to look to the government for support especially in view of the current financial squeeze that the country is facing.

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Kuwadzana East Member of Parliament Nelson Chamisa caused quite a stir in Parliament last week when he asked Public Service and Labour Minister Prisca Mupfumira what government intended to do in view of a Supreme Court ruling that employers could fire contract workers on three months’ notice without any package.

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Tourism Minister Walter Mzembi said this week it is still possible for Zimbabwe to host the 2034 Soccer World Cup.

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The number of Chinese visitors to Zimbabwe shot up by 62 percent from 1 202 in the first quarter of last year to 1 952 during the same period this year, the Chinese news agency Xinhua reported.

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Zimbabwe is still committed to paying Rhodesian pensioners but it currently does not have the money.

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