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Slightly over 4 000 kg of tobacco sold

Harare – At least 4 023 kilograms of tobacco worth $10,1 million has been sold through both auction and contract  systems since the selling season commenced last week, the industry  regulator has said. The volume of tobacco sold so far is about 20,1 percent higher than 3 349 kg valued …

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Buyers for Zim lithium project?

HARARE  –  Regional-focused mining exploration firm Premier African Minerals Ltd has identified a wide and well mineralised central zone within its Zulu lithium deposit in Zimbabwe, adding that it had received “expressions of interest” from unnamed parties. Zulu – which is generally regarded as potentially the largest undeveloped lithium bearing …

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Rogue’ States back Zim at UN inquiry

Activist group United Nations Watch (UNW) has expressed disgust over the hailing of Zimbabwe’s human rights record by “rogue” States — Iran, Venezuela and North Korea. While the three countries, with controversial governance records, praised Zimbabwe’s “promotion and protection of human rights” at the United Nations (UN) Human Rights Council …

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Doves Funeral Assurance loses Zimplats claim

The High Court has thrown out a US$4 million claim against the Zimbabwe Platinum Mines (Zimplats) by Doves Funeral Assurance (Private) Limited, after the mining giant cancelled a tender for funeral cover in 2013. Doves Holdings to increase market share After notifying Doves that it had won the tender to …

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Protests against Eunice Sandi-Moyo and Sarah Mahoka

Demonstrations that appeared to have been co-ordinated rocked ZANU-PF as hundreds of placard-wielding Women’s League members stormed party provincial offices throughout the country demanding the dismissal of the wing’s deputy secretary for women’s affairs, Eunice Sandi-Moyo and secretary for finance, Sarah Mahoka. Sarah Mahoka Sandi-Moyo is being accused of usurping …

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ZSE completes Alban Chirume investigation

An investigation into the conduct of suspended Zimbabwe Stock Exchange (ZSE) chief executive officer (CEO), Alban Chirume, is almost complete, amid indications that the bourse could part ways with its top servant. Chirume fell out with the ZSE’s board last month for sanctioning mobile telecommunications company Econet Wireless’ cash call …

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17 entrepreneurs selected for mentorship programme

SEVENTEEN Zimbabwean entrepreneurs have been selected among a group of 1 000 to undergo a mentorship training programme run by Nigerian billionaire Tony Elumelu. BY BUSINESS REPORTER The Tony Elumelu Foundation (TEF) equips African entrepreneurs with skills to succeed. Ogylive Tatendaishe Makova The 17 Zimbabweans will join other entrepreneurs drawn …

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Govt at advanced stage of SMEs formalisation

GOVERNMENT is at an advanced stage of finalising its formalisation strategy for Small to Medium Enterprises (SME) businesses in a bid to ensure improved revenue collection from those entities. BY MTHANDAZO NYONI SMEs and Co-operatives Development deputy minister Noveti Muponora Speaking at the inaugural CBZ International SMEs indaba held in …

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Billy Rautenbach Zimbabwe Businessman

Billy Rautenbach, also known as Muller Conrad Rautenbach (born 23 September 1959), is a wealthy Zimbabwean businessman. In the mid 1990s, Rautenbach’s business empire had spread to more than a dozen African countries earning him the nickname “Napoleon of Africa”. He also owns companies in Australia and the UK. BUSINESS …

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Sugarcane Farmers Cry Foul

By Tawanda Mangoma Chiredzi — Government has turned down a request by sugarcane farmers in Chiredzi to help arrest cases of maladministration and abuse of funds in their associations through sponsoring an audit of their activities. This development comes after some disgruntled members from the Commercial Sugarcane Farmers Association (CFAZ) …

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