Stories

Agriculture minister Joseph Made yesterday said the government will not declare the drought that has ravaged mainly the southern parts of the country a national disaster and will instead import grain to avert hunger.

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Zimbabwe has asked for financial support from the West for the first time in a decade at a meeting of Western diplomats and international lenders.

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Telecel Zimbabwe, whose operating licence was cancelled last month over alleged non-compliance with the country’s regulations, has taken the state telecoms regulator to court, Parliament heard today.

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The Movement for Democratic Change- Tsvangirai yesterday blamed the current food shortage in the country to the Zimbabwe African National Union-Patriotic Front’s chaotic land reform which it said was never genuine.

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Finance minister Patrick Chinamasa today told donor agencies to be transparent in channeling aid to the country and to do so through government to ensure effectiveness as relations with the West continue to thaw.

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Telecel Zimbabwe today refuted claims that it had failed to pay for its licence renewal, maintaining that it had paid government a total of $14 million.

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Zimbabwe’s state investment agency has called for urgent policy and legislative reforms to attract foreign direct investment, which has remained stagnant at $400 million in the past two years.

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Agro and mining equipment manufacturing group Zimplow Holdings has recorded a five percent increase in turnover for the quarter to March 31 compared to last year although profitability remains subdued due to a decline in business at key subsidiary, Mealie-Brand.

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Donors are reportedly putting pressure on Movement for Democratic Change leader Morgan Tsvangirai to join forces with expelled former Zimbabwe African National Union-Patriotic Front Vice-President Joice Mujuru or lose their funding.

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Information Communication Technology Minister Supa Mandiwanzira is to meet Telecel International directors today to decide the future of the mobile telephone network following the cancellation of its licence by the Postal and Telecommunication Regulatory Authority of Zimbabwe (POTRAZ) last week.

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