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Today’s Millionaire – Frank Buyanga

He has gained notoriety in Zimbabwe as a ruthless “loan shark” whose debt collection methods would make the Gestapo envious. But residents of these upmarket apartments in Sandton, Johannesburg, are getting used to the lawless ways of their new neighbour, Frank Tawanda Buyanga. When the electric gate to the apartments …

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SA and Zimbabwe seal deal on Limpopo Bridge tolling

HARARE — South Africa and Zimbabwe are to split revenue from traffic through the Limpopo Bridge, whose administration was handed over to the Zimbabwean government on Tuesday. The handover followed the expiry of the 20-year long build, operate and transfer agreement signed with New Limpopo Bridge, the company that built …

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Zimbabwean Ethanol Producer Losing Engineers To Sierra Leone

CHISUMBANJE, Zimbabwe, June 18 (BERNAMA-NNN-NEW ZIANA) — A Zimbabwean ethanol producer, Green Fuel, has lost more than 20 of its engineers and artisans to Sierra Leone in the last three months. Green Fuel — a joint venture between the government’s Agricultural and Rural Development Authority (Arda) and Macdom and Rating …

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Today’s Millionaire – Nigel Chanakira

Nigel Chanakira founded the financial services firm Kingdom (now Kingdom Meikles Africa) in 1994 in his late 20s. Notwithstanding the intense political and social turmoil that has characterised Zimbabwe for the past decade, building a business that is now one of the largest listed groups by market capitalisation on the …

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Today’s Millionaire – Obert Mpofu

It is a long road from Jambezi Village in the dry district of Hwange, in Matabeleland, to the opulence and influence that currently surrounds Obert Mpofu. Growing up in rural Jambezi, Mpofu came from a family of limited means.During the long guerilla war against the racist regime of Ian Smith, …

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Today’s Millionaire – Nick Price Golfer

Nick Price was born in South Africa to English parents who moved the family to Rhodesia when Price was very young. Price would become a citizen, even serving in the Rhodesian Army during that country’s civil war (from which it emerged as Zimbabwe). An older brother introduced Price to golf, …

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Eddie Cross – Rebuilding Zim’s Economy From Scratch

WE talk glibly about a globalised world without really understanding just what it means. In Zimbabwe we are emerging from a century of controlled market policy and harsh exchange controls that gave near total protection to local industries. The result was a small but tough and resilient economy that pursued …

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Investors misunderstand Zim’s indigenisation policy, says official

By: Zandile Mavuso Misunderstanding of Zimbabwe’s indigenisation policy has seen foreign investors shy away from the country’s mining industry, according to the country’s embassy in South Africa. In 2008, President Robert Mugabe, signed the Indigenisation and Economic Policy into law, in terms of which 51% of all foreign- and white-owned businessses must …

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