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Monthly food inflation falls to 9pc

Enacy Mapakame Business ReporterZimbabwe’s month-on-month food and non-alcoholic beverages inflation rate stood at 9,07 percent in December 2018, shedding 5,46 percentage points on the November 2018 rate of 14,53 percent. Latest figures from the Zimbabwe National Statistics Agency (ZimStats) reveal the month on month non-food inflation rate stood at 9,01 …

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Oil prices fall

Oil prices fell yesterday after US crude production neared an unprecedented 12 million barrels per day and concern grew over weakening demand, particularly in light of the trade dispute between the United States and China. International Brent crude oil futures were down 52 cents, or nearly 1 percent, at $60,80 …

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Zanu-PF Provincial Boss Masimirembwa Dragged Into Party Love Scandal

By Audience Mutema Zanu-PF provincial chair for Harare Godwills Masimirembwa has been dragged into a secret love storm with a female party activist. This came out when a party youth activist was hauled before a Harare magistrate’s court this week for allegedly sending offensive messages to his accuser via WhatsApp. …

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UK in deadlock over Brexit ‘Plan B’

LONDON. — Britain’s last-minute scramble to shape its exit from the EU, its biggest policy upheaval in half a century, hit the rocks yesterday as Prime Minister Theresa May and opposition Labour leader Jeremy Corbyn dug in their heels for competing visions. After May’s two-year attempt to forge an amicable …

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Globetrotting ED Sneers At ‘Dreamers’ Miffed By His Jaunts

By Robert Tapfumaneyi President Emmerson Mnangagwa has defiantly dismissed as “dreamers”, Zimbabweans who have criticised him for his often expensive but unproductive foreign jaunts. The Zimbabwean leader is out to Russia on the first leg of a tour that is set to take him to Belarus, Azerbaijan, Kazakhstan and Davos, …

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