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Depressed investor confidence dogs Zim

HARARE – Lack of investor confidence in doing business in Zimbabwe remains a major stumbling block in efforts to revive the country’s broken economy, the Zimbabwe National Chamber of Commerce (ZNCC) has said. The country is battling to resuscitate its economy — still suffering a hangover from a decade-long recession — dogged by depressed foreign…

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Chemco narrows losses

HARARE – Chemco Holdings Limited (Chemco) narrowed its losses in the half year to April 2013 to $139 000 from $427 000 incurred in prior comparable period. The agro-chemicals manufacturer and distributor — suspended from the Zimbabwe Stock Exchange in August last year — has been trading in the red since adoption of the multi-currency…

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Refurbishment boosts Meikles’ occupancy

HARARE – Listed Meikles Limited says its five-star Meikles Hotel has experienced increased occupancy following the completion of a $8,5 million refurbishment. However, the group could not disclose the figures as they are in a “closed period”, but said occupancy levels had surpassed last year’s, comparatively. “The feedback and response post refurbishment has been very…

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DJ Zinhle disappoints Byo fans

BULAWAYO – Popular South African house queen Ntombezinhle “DJ Zinhle” appears to have conspired with award-winning Nigerian music star D’Banj to short-change local music fans on Saturday night. While D’Banj was frustrating Harare fans with an insipid performance at the Glamis Arena, DJ Zinhle was delivering more of the same at an all-white party at…

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‘Favour’ abounds at Mhere’s album launch

HARARE – Red-hot gospel musician Mathias Mhere’s third album launch on Monday night — attended by several politicians and fellow musicians — showed the young gospel artiste is now in the realm of favour. The launch of Nguva   Yenyasha at Jameson Hotel in Harare was graced by Tourism and Hospitality minister Walter Mzembi, former Information…

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Fashion Weekend Zim ready to dazzle

HARARE – Fashion Weekend Zimbabwe (FSZ), the country’s newest fashion industry event, will explode into life on Saturday at Borrowdale Racecourse’s Glasshouse. FSZ, which is set to be an annual fashion showcase, will be officially kick-started by a gala. “The purpose of this weekend’s gala is to introduce our innovative concept and to launch the…

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Kumabhebhi seeks women support

HARARE – Musicians Clare Nyakujara and Cindy Munyavi, the brains behind the all-female concerts called Kumabhebhi, want to see more women rallying behind the novel concept. Kumabhebhi, which will celebrate its first anniversary in November, has featured the likes of Edith WeUtonga, Hope Masike, Pokello Nare and Diana Samkange. The Other Four lead vocalist Nyakujara…

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Mudariki relishes Sables call-up

HARARE – So chuffed by his maiden Zimbabwe national rugby team call-up that scrumhalf Hilton Mudariki was the first of the foreign-based contingent to arrive in the country this week ahead of next month’s tri-nation series in Namibia. The 21-year-old halfback, a second-year Sports Psychology student at Bucks New University in England, has welcomed the…

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Gizha warns Dynamos, Bosso

HARARE – Triangle coach Gishon Ntini – whose side face both title chasers Dynamos and Highlanders in their last four games of the season – claims the destiny of the championship is also in the Lowveld club’s hands. Ntini issued the bold statement yesterday ahead of Triangle’s clash with defending champions Dynamos on Sunday. The…

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Sundowns assess Zim prodigy Mahachi

BULAWAYO – Chicken Inn Inn midfielder Kudakwashe Mahachi is in South Africa for a one-week trial period at top Absa Premiership outfit Mamelodi Sundowns. Mahachi’s manager, Mlungisi Moyo, confirmed to the Daily News that the offensive midfielder is trying his luck at the rich Pretoria club. “The player left for South Africa yesterday (Monday) for…

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