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China’s top banker snubs IMF meeting

TOKYO – China’s top banker has pulled out of the International Monetary Fund meetings in Tokyo Wednesday in a move widely seen as a protest for the ongoing dispute between Japan and China over islands in the East China Sea. Zhou Xiaochuan, the governor of the People’s Bank of China, was scheduled to give the…

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Army officers denied bail

MUTARE – A magistrate has ordered that two Air Force of Zimbabwe officers who allegedly killed a suspected thief before burying him in a shallow grave in Marange should remain in prison. The two are accused of fatally assaulting suspected thief Trust Barwai, whom they accused of stealing roofing iron sheets. Another man, Nehemiah Ndiriwenyu,…

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New Dawn gets nod to acquire Falgold

HARARE – Toronto Stock Exchange-listed miner New Dawn Mining Corporation was last week given the green light by the High Court to acquire all outstanding minority shares of its Falcon Gold (Falgold) subsidiary in Zimbabwe. New Dawn conducts operations in the country through various subsidiaries, including Falcon Gold Zimbabwe Limited, a subsidiary in which New…

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VMCZ, Zinef slam editors’ arrest

HARARE – Media watchdogs have slammed the harassment of the Daily News editors by politically-linked individuals. This massive uproar from the  Media Institute for Southern Africa Zimbabwe chapter (Misa), Voluntary Media Council of Zimbabwe (VMCZ) and the Zimbabwe National Editors Forum (Zinef) follows the arrest of two Daily News senior editors on Monday. The Daily…

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SA freight drivers’ strike to affect Zim

HARARE – Zimbabwe’s fuel, retail and tyre manufacturing industries are buckling under pressure from the freight workers’ strike in neighbouring South Africa. Trade between South Africa and Zimbabwe hinges mainly on moving goods by road and accounts for 70 percent of Zimbabwe’s imports. Industrialists in Zimbabwe warned that the country stood to lose as much…

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Mashwede Diesel workers set free

HARARE – Two Mashwede Diesel workers accused of trying to bribe Zanu PF’s Harare youth leader Jim Kunaka to allow for the construction of a $1,2 million service station and food court in Harare’s high density suburb of Mbare have been set free. Harare magistrate Nomsa Sabarauta yesterday freed the two men Isheanesu Maribha, 34…

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‘Army, police new public prosecutors’

HARARE – Zimbabwe is undergoing systematic militarisation of the public prosecution department, deputy minister of Justice and Legal Affairs has told the 7th annual Africa Prosecutors Association conference.        Obert Gutu, the deputy minister of Justice and Legal Affairs said in a keynote address at the Africa Prosecutors Association annual general meeting in Windhoek,…

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Daily News will not be cowed

HARARE – The signs for the independent media — and the Daily News in particular — as Zimbabwe prepares for a referendum on the proposed new constitution later this year, as well as the much-anticipated national elections in 2013, are not good. In addition to now having to contend with a new and patently undesirable…

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‘ZMDC ‘stole’ $3m from Kurotwi’

HARARE – The Zimbabwe Mining Development Corporation (ZMDC) board “stole” over $3 million from Lovemore Kurotwi’s Core Mining Resources, High Court Judge Chinembiri Bhunu heard yesterday. Kurotwi is in court with his co-accused ex-ZMDC boss Dominic Mubaiwa on fraud charges amounting to $2 billion following a failed mining venture with a South African firm —…

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Starbrite finals on tomorrow

HARARE – The Starbrite talent show is finally coming to a close as the finals will be held in Harare at Zimbabwe College of Music tomorrow and Friday. After running for a year, the rigorous countrywide talent search attracted 7 000 wanna-be stars. However, only eight people will take part at the final event.  …

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