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Heartbreak as #Zimbabwe government refuses to pay new black tobacco farmers after they delivered US$400 million tobacco harvest delivery

Zimbabwe tobacco is booming, but farmers growing it are not HARARE, Zimbabwe (AP) — Farmer Simon Kahari recently sold tobacco worth more than $6,000 at an auction in Zimbabwe, a small fortune reflecting the golden leaf’s resurgence in this southern African country. Yet because of Zimbabwe’s dire economic problems he …

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#Zimbabwe to Redistribute Underutilized Farms, Mugabe Says

By Godfrey Marawanyika (Bloomberg) — Zimbabwe to redistribute underutilized farms from newly resettled black farmers, while those with more than one farm will be asked to relinquish them and give them to those who have yet to benefit from the land-reform program, President Robert Mugabe tells supporters at a Zanu-PF …

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April Inflation Up 0,48%

The Year-on-year inflation rate continued on an upward trend in April, gaining 0,27 percentage points to close the month at 0,48 percent as the International Monetary Fund recommended a halt to excessive Government expenditure which it said could fuel inflation. In March, the year-on-year inflation rate — the annual percentage …

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To Revive Country Clubs or Not, That’s the Question . .

By Obert Chifamba The role of country clubs in propping up Zimbabwe’s agro-based economy should not be underestimated. They were largely popular in the pre and post-independence era and were a preserve of mostly white commercial farmers and estate managers. They formed exclusive realms socially isolating whites from black communities …

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Caledonia Confirms Fatality At Zimbabwe Operation

Canada-based Caledonia Mining has confirmed the death of a miner at its Zimbabwe operation, saying the fatality occurred Monday in a mining-related accident on 12 May. The AIM-traded junior resources group runs Blanket Gold Mine which located near the town of Gwanda. “This is a serious setback in our efforts …

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