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IMF tells Zimbabwe to clear its debt first to unlock funding
The International Monetary Fund (IMF) today said the Zimbabwe government must clear its debt with multi-lateral institutions to access new funding.
(363 VIEWS)
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British international development secretary visits Zimbabwe for second time in two years
The British secretary for international development, Mark Lowcock will this week visit Zimbabwe, for the second time in two years as relations between the West southern African country and the west continue to thaw.
(411 VIEWS)
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Chinamasa appeals for more French funding
Finance minister Patrick Chinamasa today appealed to the private sector arm of the French development agency to extend more financial support to the capital starved country as Zimbabwe pushes for more reengagement with multilateral donors.
(315 VIEWS)
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CABS and Delta block Harare’s Borrowdale office park plans
Plans by the City of Harare to construct an office park in Borrowdale were curtailed after the Administrative Court upheld an appeal by CABS and Delta Corporation to preserve the open space for environmental purposes.
(479 VIEWS)
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Mutasa and Mliswa expelled from Parliament
Didymus Mutasa, Headlands Member of Parliament and former Zimbabwe African National Union-Patriotic Front Secretary for Administration, and Hurungwe West legislator Temba Mliswa were today expelled from Parliament when Speaker Jacob Mudenda ruled their seats vacant.
(503 VIEWS)
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Ecobank underwrites 40 percent of BNC $20m bond
Pan-African financial institution Ecobank has underwritten nearly 40 percent of the $20 million Bindura Nickel Corporation bond whose proceeds would finance the restart of the company’s smelter, Mwana Africa chief executive Kalaa Mpinga said today.
(449 VIEWS)
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Can Mnangagwa emulate Kagame?
Vice-President Emmerson Mnangagwa is said to be a strong admirer of Rwandan President Paul Kagame, a man who has managed to extract maximum benefits from the West to rebuild his…
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AfrAsia Bank Zimbabwe haunted by its past
Mauritius-based financial services group, AfrAsia Bank Limited says its Zimbabwean operations collapsed due to legacy issues and failure to find a new investor for the troubled bank.
(306 VIEWS)
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Kamativi to be back in production in June
The chief executive of AIM-listed Premier African Minerals, George Roach says Tungsten deposits at its RHA project in Kamativi are of a high grade, making the operation a highly competitive one with production expected to start this June.
(617 VIEWS)
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Meikles asked to come clean on its investments and governance
The Securities and Exchange Commission of Zimbabwe (SECZ) on Friday asked Meikles Limited to come clean on its foreign investments, corporate governance issues and failure to disclose the actual amount it is owed by the central bank.
(313 VIEWS)