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Govt upbeat on global funding
Finance and Economic Development Minister Patrick Chinamasa (left) addresses guests while IMF Head of Mission Mr Domenico Fanizza and Reserve Bank of Zimbabwe Governor Dr John Mangudya (right) look on...
View ArticleZibawu blames RBZ for banking crisis
The Zimbabwe Banks and Allied Workers Union on Tuesday accused the Reserve Bank of Zimbabwe of failing to institute proper surveillance measures on banks resulting in the crisis gripping the sector....
View Article‘Irregular’ tobacco season forces TSL to innovate
Business Reporter Diversified agro-concern TSL Limited says the late start to the tobacco selling season will impact negatively on its tobacco operations leading to a flat performance on the prior...
View ArticleNollywood actress clears air on billionaire lifestyle
Dabota Lawson, wife of a Nigerian billionaire, has revealed some surprising things about being a billionaire’s wife! The actress and model made it known that she gets a lot of messages from ladies...
View ArticleKenya Tullow oil project hits snag
NAIROBI. – Tullow Oil, the United Kindom-based firm, has stopped one of its exploration projects in Kenya after it failed to locate significant oil or gas reserves. The Engomo-1 exploration well in...
View ArticleNetOne to host digital media indaba
Business Reporter NetOne, Zimbabwe’s second largest mobile network operator, in partnership with various local media players will host a conference on digital media, which has particular focus on...
View ArticleStanbic Bank opens branch in Hwange
Business Reporter Stanbic Bank last Friday opened a new branch in Hwange as the bank widens its branch network by bringing innovative financial services to the coal mining town. The Hwange branch is...
View ArticleAfrica urged to embrace ICTs
Felex Share Senior Reporter African economies can fully derive maximum value from their resources if they embrace the use of information technology, Chief Secretary to the President and Cabinet Dr...
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Govt moves to re-engage external creditors
Finance and Economic Development Minister Patrick Chinamasa (left) shares a lighter moment with Lieutenant-Colonel Million Ndlovu at the Zimbabwe Staff College yesterday while other officers look...
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PG seeks nod on scheme of arrangement
Fidelis Munyoro Chief Court Reporter Hardware group PG Industries is seeking the intervention of the High Court to authorise its scheme of arrangement to resolve its negative equity and liquidity...
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Tetrad creditors give investor ultimatum
Tendai Sahondo Business Correspondent—- Tetrad depositors and creditors have given a one-month ultimatum to Horizon Capital Consortium Holdings to show the colour of their money and come up with a...
View ArticleChitiyo: Death of medical icon
Sifelani Tsiko Senior Writer The death of Zimbabwe’s eminent pathologist, Dr McLeod Ernest Chitiyo, has robbed the country and Africa of a medical icon who pioneered the struggle for black empowerment...
View ArticleStaying safe online
By ZOL Fears about human security have moved from the physical world to now include the virtual world. There is a gaping trust deficit in the Internet as people around the globe increasingly worry that...
View ArticleNew Nissan Pathfinder a fuel saver
Tinashe Makichi Motoring Reporter For its latest redesign, the Nissan Pathfinder has ditched its previous truck-based platform in favour of a car-like uni-body underpinnings that have brought about the...
View Article‘15pc tax on platinum disincentive for raw exports’
Golden Sibanda in Victoria Falls GOVERNMENT introduced taxation on raw platinum and banned export of unprocessed chrome to enforce beneficiation and value addition to the country’s natural resources in...
View ArticleEbola: Liberia’s long road to recovery
Prince Collins and Jennifer Lazuta “When the border was closed, we never had any other options. But now we are going back to business as usual and our lives are improving. Things are getting better for...
View ArticleLafarge revenue declines 11pc
Business Reporter Listed cement manufacturer, Lafarge Cement Zimbabwe’s revenue for the year-end to December 2014 was down 11 percent to $60 million from $67 million of the previous period as a result...
View ArticleNicozDiamond profit falls
Business reporter A decline in investment performance and contribution from associates weighed down NicozDiamond’s performance for the year ended December 31 resulting in a 52 percent drop in profit to...
View ArticleGold rises
LONDON. – Gold rose yesterday as a retreat in the dollar from 12-year highs arrested an eight-session slide, but expectations that US interest rates will rise sooner rather than later kept prices under...
View ArticleBad loan book sinks Tetrad
Business Reporter ALMOST the entire loan book of Tetrad Investment Bank comprise of non-performing loans with the significant portion constituting unsecured advances to related parties, according to...
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