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Zim’s fertile farm land lying idle

MORE than half of Zimbabwe’s irrigable land is underutilised due to dilapidated state-owned irrigation equipment, posing a threat to the country’s food security, a study by the Auditor-General has revealed. By Hazel Ndebele Zimbabwe, once the breadbasket of the region, has been reduced to a basket case following a chaotic …

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Govt squandered diamond revenues

DESPITE complaints from government which make it appear as though Treasury did not receive meaningful remittances from diamond mining companies, it has emerged the fiscus got US$472 million from Mbada Diamonds in royalties, dividends and other taxes between 2010 and 2015. However, the money was largely diverted to fund salaries …

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Cash crisis: Bond coins rule the roost

By Nyasha Chingono US$200m facility not adequate POS deficit worries local retailers No solution in short to medium-term COINS used to be for the piggy banks used by kids to save money given by their parents for break-time snacks at school. The adults normally kept a few of them when …

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RioZim courts suitors

  RioZim board chairman, Lovemore Chihota THE Zimbabwe Stock Exchange listed resources firm, RioZim, is courting regional and international investors to finance its proposed power station and coal mining project in Sengwa, the Financial Gazette’s Companies & Markets can report. The company was granted a licence to construct the power …

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2018 key tasks for Zim opposition parties

  Opposition parties and activists have over the years borne the brunt of a repressive State apparatus. ANALYSING Zimbabwe’s opposition political parties is never easy especially if one attempts to shed a bit of bias and seeks to contextually hold the opposition to the highest political standards or measurements. The …

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