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NSSA is a vehicle for enriching the powerful whilst exploiting the poor!
I already knew that Zimbabwe was hell and a living nightmare for the vast majority of the ordinary citizenry.I was also fully aware that the powerful were the only ones getting richer and rich...Published: 15 Oct 2023 at 09:49hrs | | by Tendai Ruben Mbofana
Retrenched workers refuse to go
SUGAR producer starafricacorporation Limited has served retrenchment letters to 75 workers, but the workers have refused to sign arguing that their employer's decision was illegal.The company'...Published: 20 Sep 2023 at 06:40hrs | | by Staff reporter
Farmers defend raw sugar price increase
Small-scale sugarcane farmers, who supply 45 percent of raw sugar in Zimbabwe, have defended the new price of the commodity after Gold Star suspended production at its refinery in Harare this week cit...Published: 17 Feb 2023 at 04:54hrs | | by Staff reporter
Gold Star Sugars shuts Harare refinery in Tongaat Hulett price row
Gold Star, a subsidiary of ZSE-listed StarAfrica, has temporarily closed its Harare refinery and placed employees on indefinite leave, citing a sharp increase in raw sugar prices by its supplier Tonga...Published: 14 Feb 2023 at 19:30hrs | 7 | by Staff reporter
'Puppets will never rule Zimbabwe'
PRESIDENT Mnangagwa yesterday said time has come to vote out corrupt opposition councillors whose parties have not only run down local authorities but are puppets of Western countries that want to rem...Published: 26 Jul 2022 at 06:37hrs | 6 | by Staff reporter
Oliver Chidawu burial set for today
The memorial service for the Minister of State for Harare Provincial Affairs and Devolution, Engineer Oliver Chidawu, who died last Tuesday, was held yesterday at the family home in Harare ahead of bu...Published: 25 Jul 2022 at 06:26hrs | 1 | by Staff reporter
Zanu-PF mourns Chidawu
Zanu-PF has expressed shock following the death of Minister of State for Harare Metropolitan Provincial Affairs and Devolution Oliver Chidawu.Chidawu collapsed and died this morning at his hom...Published: 19 Jul 2022 at 18:40hrs | 1 | by Staff reporter
Starafrica halts sugar exports
ONE of Zimbabwe's biggest sugar producers has shelved exports in response to steep local demand in the past few months, which has outstripped supply.The Zimbabwe Stock Exchange-listed starafri...Published: 28 Dec 2021 at 07:23hrs | 5 | by Staff reporter
Zimbabwe sugar giant clinches Coca-Cola deal
THE aggressively rebounding sugar manufacturing conglomerate, starafrica corporation Limited, says it plans to scale up its African ambition after clinching a landmark deal to export into The Coca-Col...Published: 25 Jul 2021 at 08:19hrs | 1 | by Staff reporter
Mthuli Ncube's budget: The good, bad and ugly
In September, while meeting fund managers in New York, Finance minister Mthuli Ncube said what the economy needed was a "big bang", a shock to the system. A week later, he brought that big bang; on th...Published: 26 Nov 2018 at 06:08hrs | 1 | by NewZWire
Goldstar Sugars Harare plant reopens
White Goldstar sugar from the Goldstar Sugars Harare plant is expected to be released onto the market this week, following the upgrading of the plant, which began in August last year. Pub...Published: 15 Sep 2014 at 19:18hrs | 1 | by Staff Reporter
New RBZ Governor is not a magician
Incoming Reserve Bank of Zimbabwe (RBZ) governor Dr John Mangudya will be expected to perform nothing short of a miracle and become the biblical Moses that can lead the RBZ out of its financial doldru...Published: 24 Mar 2014 at 07:24hrs | | by Rumbidzai Mashayahanya
Nssa squandered over US$100 million pensioners' money
The National Social Security Authority (Nssa) has squandered over US$100 million of pensioners' money in bad investments after buying shares in broke companies as well as purchasing properties at infl...Published: 23 Feb 2014 at 07:08hrs | | by Staff Reporter
Star Africa finds new buyers for assets
Loss making sugar refinery Starafrica Corporation said on Thursday it has found new buyers for two main assets it is disposing as means to raise capital to pay off its debt, the New Ziana reported....Published: 27 Jan 2014 at 16:14hrs | | by New Ziana
Mnangagwa turned down finance portfolio
NEWLY-appointed Justice minister Emmerson Mnangagwa reportedly turned down an offer from President Robert Mugabe to be Finance minister, saying the job needed someone younger and more energetic to tac...Published: 13 Sep 2013 at 06:12hrs | | by Staff reporter
ZSE inches closer to $6bn market cap threshold
THE Zimbabwe Stock Exchange market capitalisation inched closer to the US$6 billion threshold yesterday after the main industrial index gained for the fourth consecutive day to close 1,4 percent stron...Published: 10 May 2013 at 03:43hrs | | by Golden Sibanda
R Chitrin applies for voluntary liquidation
RED Star Wholesalers Limited and R Chitrin and Company Zimbabwe have applied for voluntary liquidation following serious financial constrains.In a statement for the interim period ended Septe...Published: 09 Dec 2011 at 06:31hrs | 11 | by Staff reporter
Company closures in Bulawayo, Welshman Ncube came to the rescue
Company closures in Bulawayo went largely unaddressed, until the new Industry and Commerce Minister Welshman Ncube tabled the matter in cabinet early this year.A Cabinet meeting in April asked...Published: 26 Aug 2011 at 06:11hrs | | by Staff reporter
Muponda seeks to block the Liquidation of CFX Bank
One of Zimbabwe's exiled businessman Gilbert Muponda who was recently de-specified by the Government has started taking legal steps to reclaim some of the assets he lost during the time he was specifi...Published: 19 May 2011 at 04:59hrs | | by Matthews Estell
De-industrialisation of Bulawayo worrisome
The Zimbabwean economy is under threat as the country's industrial hub is facing massive de-industrialisation, with some firms in the textiles, milling and manufacturing sectors scaling down operation...Published: 06 Jun 2011 at 07:04hrs | | by Nare Msupatsila
Mergers and Acquisitions expected to increase in Zimbabwe
MERGERS and acquisitions are expected to increase right through to next year as Zimbabwean companies seek to recapitalise and enhance operating capacity in an economy showing strong signs of recovery ...Published: 15 Apr 2011 at 04:20hrs | | by Bright Madera
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