The Insider

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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Resources group RioZim is seeking $2.1 billion to build a 1 400 megawatt thermal power station and coal mine at Sengwa in the North West of Zimbabwe,  chief executive officer Noah Matimba said today.

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The chairman of the Movement for Democratic Change- Renewal Team Samuel Sipepa Nkomo says the most popular opposition leader Morgan Tsvangirai is not a democrat. He is violent and sponsors violence.

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Workers of Telecel Zimbabwe, whose licence was cancelled last week, have appealed to government to reconsider its decision and allow them to buy 11 percent of the company’s shares.

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The dictionary describes a bonus as “a sum of money added to a person's wages as a reward for good performance”.

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Astra Industries has obtained an approval to delist from the local bourse, the Zimbabwe Stock Exchange, the company announced on Wednesday.

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Zambians are the happiest people in Southern Africa but if member countries of the Southern African Development Community are taken as a group, they are second after Mauritius.

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Zimbabwe’s government says it has suspended a special dividend on diamond sales it introduced last year, as part of a review of the fiscal regime for the mining sector.

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