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Access Finance legal fight not good for money transfer trust issues
The dispute between shareholders of Access Finance Group regarding the sale of shares has intensified, with one party favoring arbitration while the other prefers a legal process.According to ...Published: 15 Oct 2023 at 21:49hrs | 13 | by Staff reporter
Zimbabwe exports to China surge to US$585 million
ZIMBABWE's exports to China have hit a high of US$585 million showing a significant increase over the last five years.The two countries enjoy cordial relations dating back to Zimbabwe's coloni...Published: 01 Aug 2023 at 06:26hrs | 10 | by Staff reporter
Mnangagwa's govt turns to Treasury bills, bonds
THE cash-strapped government is likely to print money to finance its $575,5 billion budget deficit, economic analysts warned yesterday after Finance minister Mthuli Ncube announced next year's $4,5 tr...Published: 25 Nov 2022 at 05:12hrs | 1 | by Staff reporter
Zimbabwe gold coins to be afforded by all
THE Government is planning to introduce smaller gold coins denominations amid revelations that at least Z$8 billion worth of the coins have been bought by locals since they were launched by the Reserv...Published: 18 Sep 2022 at 16:53hrs | | by Staff reporter
Zimplats to plough $80m into one of Zimbabwe's largest mines
Impala Platinum's Zimbabwe unit Zimplats is going to plough more than $80 million into its Bimha mine just after completing a nearly $100 million reconstruction project there following a major collaps...Published: 30 Mar 2022 at 12:27hrs | 1 | by Staff reporter
Zimra executives in US$585m tax evasion corruption scam
CORRUPTION skeletons involving a series of multi-billion-dollar tax evasion scandals are tumbling out of the Zimbabwe Revenue Authority (Zimra) cupboard amid a new corruption scam involving Chinese di...Published: 20 Jul 2021 at 11:17hrs | 1 | by Staff reporter
Profiteering supermarkets peg prices at parallel market rates
SUPERMARKETS are profiteering by pegging prices of basic commodities at the black market rate and transacting United States dollar purchases using the government instituted foreign currency auction ra...Published: 28 May 2021 at 07:58hrs | | by Staff reporter
Mnangagwa extends US$3,2bn begging bowl
ZIMBABWE - with 7,5 million people or half the population in need of food aid - is appealing for US$3,2 billion emergency assistance to avert a humanitarian crisis characterised by hunger and a crumbl...Published: 15 Mar 2019 at 17:14hrs | | by Staff reporter
Zimbabwe trade deficit with SA jumps three-fold
ZIMBABWE'S trade deficit with South Africa jumped 285% to $585,76 million in the period February to September this year compared to $152,1 million recorded during the same period last year, latest fig...Published: 17 Oct 2018 at 07:03hrs | 12 | by Staff reporter
Chatunga's butchery business collapses
Former president Robert Mugabe's son, Chatunga Bellarmine, is set to lose property after failing to pay rentals for his butchery in Chitungwiza.A writ of execution has since been issued for th...Published: 29 Jun 2018 at 15:37hrs | 1 | by Staff reporter
Jinan diamond saga mystery - rewind
MYSTERY surrounds the investigation into a case in which Jinan Diamond Mining Company allegedly externalised US$585 million, amid revelations the National Prosecuting Authority (NPA) has no docket of ...Published: 19 Mar 2018 at 14:58hrs | | by Staff reporter
Mugabe blows $50 million on trips
PRESIDENT Robert Mugabe spent $53 million on foreign trips during 2016, more than double the amount government allocated for the upgrade of public health facilities in the country during the year, Tre...Published: 06 Jul 2017 at 07:11hrs | | by Staff reporter
Debt-ridden Zimbabwe runs out of time
TIME is running out for the debt-ridden government to settle its US$1,8 billion arrears to preferred international financiers - World Bank, International Monetary Fund (IMF) and the African Developmen...Published: 12 Aug 2016 at 11:39hrs | | by Staff reporter
Zimbabwe targets $1,5 billion from tourism
Zimbabwe is targeting to earn $1,5 billion from the tourism sector this year, an official said on Friday.Zimbabwe Tourism Authority (ZTA) chief executive Mr Karikoga Kaseke said the country wh...Published: 18 May 2015 at 17:35hrs | | by New Ziana
Blanket Mine's gold output increases
BLANKET Gold Mine's output in the second quarter was 11 560 ounces, up 26 percent from the previous quarter. The firm's latest quarter gold output was also a 41 percent improvement from the prior com...Published: 15 Aug 2012 at 06:32hrs | | by Business Reporter
Most schools are justified to increase fees - Coltart
PARENTS should brace for an increase in school fees next year as Government is failing to adequately fund the education sector. Education, Sport, Arts and Culture Minister David Coltart yesterday sai...Published: 02 Dec 2011 at 07:03hrs | | by Staff reporter
Zimbabwe mine surpasses gold production by 36 percent
Blanket Mine has surpassed its underground gold production target by 36 percent to 1 361 tonnes of ore a day.The TSX and AIM listed company said Blanket's No. 4 Shaft hoisted 1 220 tonnes of ...Published: 13 Sep 2011 at 09:30hrs | | by Staff reporter
China lands Zim $585 million for health
Zimbabwe and China have signed an agreement under which China will lend Zimbabwe $585 million for the health and agriculture sectors, Vice President Joice Mujuru said on Monday.Mujuru said the...Published: 21 Mar 2011 at 07:53hrs | | by Byo24News
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