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ASL approves Dawn stake disposal

HARARE – African Sun Limited (ASL)’s shareholders have approved the disposal of the hotelier’s 16,54 percent stake in listed property firm, Dawn Properties (Dawn). The shareholding will be acquired by Lengrah Investments Private Limited, a subsidiary of private equity group Brainworks Capital (Brainworks), which is in turn a major shareholder in ASL. “The sale agreement…

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Equity Properties secures compliance certificate

HARARE – Real estate developer Equity Properties (Private) Limited (Equity) has secured a compliance certificate for its first phase of the Golden CT Suburb (Golden) in Harare’s Mount Pleasant district. The development not only means the property firm has met certain conditions related to ancillary infrastructure as demanded by the Harare City Council (HCC), but…

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An opportunity for Zim

HARARE – President Robert Mugabe and his government have an opportunity to mend relations with the European Union (EU) despite the effects of debilitating sanctions once slapped on him and members of his inner circle. But those sanctions have been removed on almost all his cronies’ except the first family. By his admission recently, Zimbabwe…

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The plight of Zim footballers

HARARE – Three quarters of Premier Soccer League (PLS) clubs owe players money in the form of signing-on fees, winning bonuses and salaries from last season, the Footballers’ Union of Zimbabwe (Fuz) has claimed.  Earlier this month, Dynamos players went on a two-day strike ahead of their African Champions League tie with AS Vita due…

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Gorowa’s positive headache

HARARE – Zimbabwean forward Edward Sadomba scored the only goal on Friday when Libyan outfit Ahly Benghazi beat holders Al-Ahly 1-0 in the African Champions League in Tunis to further enhance his reputation as a proven scorer at a time his country needs such hitmen in their quest to qualify for next year’s African Nations…

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Beefy positive about Confed Cup progress

BULAWAYO – How Mine coach Philani “Beefy” Ncube is refusing to panic despite his team’s slim first leg win over Nigerians Bayela in the Confederations Cup and believe the miners can complete the job in the away leg. Chikurupati laboured to a slender 2-1 lead in the first leg of the second round tie on…

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Harare City in limbo?

HARARE – With the 2014 Premier Soccer League transfer window set to close on Wednesday, it has emerged that last year’s runners-up Harare City are yet to register even a single player for the upcoming season. The Sunshine Boys have been busy in the transfer market bolstering their side after unveiling eight new players, but…

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We are not corrupt, insists Zifa electorate

HARARE – Amidts claims of vote-buying ahead of Zifa presidential polls, a section of the voters has come out in defence of their integrity, promising to uphold the election credibility by voting “for the best man for the job.” A 58-member Zifa Council, made up of different stakeholders from across the country is set to…

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Mash East retains Nash athletics title

HARARE – Mashonaland East Province retained the Nash National Athletics Championship title for the fourth year running after coming out tops at this year’s meet at the Peterhouse College in Marondera last Friday. Mashonaland East finished with 64 medals – 30 gold, 17 silver and 17 bronze to defend the trophy they won at the…

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Mketekete beaming with confidence

HARARE – Ignatius Mketekete heads into the Golden Pilsener Zimbabwe Open with his confidence on the rise after another disciplined performance saw him rally from behind to clinch the Pre-Open Classic on Saturday. For the second time in as many weeks, the Chapman Golf Club attached golfer snatched victory on the final day after carding…

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