Stories

Zimbabwe’s textile industry needs to explore the lucrative United States market as it bids to recover its former lustre, a US trade specialist has said.

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A South African government minister who described Robert Mugabe as a “crazy old man” six years ago because he was resisting reform during the first few months of the inclusive government yesterday showered praise on him over the professional manner in which he had chaired the recent African Union meeting.

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A High Court judge says spot fines charged by the Zimbabwe Republic Police who often insist that motorists must pay or have their vehicle impounded are illegal and must be…

Zimbabwe’s new 15 percent export tax on raw platinum, which was introduced earlier than expected in January, will cost Anglo American Platinum (Amplats) about $10 million a year, Chief Executive…

Beverage manufacturer Schweppes Zimbabwe plans to improve capacity utilisation of its hot-fill production plant as demand for its ready to drink juices continues to grow.

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The Movement for Democratic Change today said party leader Morgan Tsvangirai did not ban the use of social media but the MDC was bound by certain rules and regulations which the party had to abide by to maintain stability, unity and cohesion.

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Bulawayo mayor Martin Moyo has pleaded with financial institutions owed by the Archer Clothing Manufacturers to ‘soften’ their stance to allow the revival of one of the city’s historic companies.

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Corporate earnings are expected to remain subdued this year exacerbated by deflation and persistent liquidity pressures resulting in a continuation of low consumer demand and generally negative sentiment, according to a report by a local securities firm.

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Kuwadzana East Member of Parliament Nelson Chamisa says Parliament must reject the Reserve Bank of Zimbabwe (Debt Assumption) bill because accepting it is the height of irresponsibility. Those who benefitted must pay because if Parliament accepts the bill, this is tantamount to condoning corruption.

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Bikita West legislator Munyaradzi Kereke, the former advisor to central bank governor Gideon Gono, said all the loans that the Reserve Bank of Zimbabwe borrowed were authorised by the Treasury. Gono, therefore, did a sterling job in discharging his mandate to superintend over the financial affairs of the country.

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