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Mugomeni wins Old Mutual Half Marathon

HARARE – Jacob Mugomeni on Sunday outwitted an illustrious cast of long distance runners to cross the finish-line first in the Old Mutual Westgate Half Marathon, hours after he slept on the bus to cut accommodation costs. The 22-year-old Kadoma-based athlete shook off the unorthodox sleeping arrangements to claim the $3 000 winner’s purse with…

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Gunners firm in Northern Region

HARARE – Gunners cemented their lead at the top of the World Navi Northern Region Division One League table after beating Flame Lily 1-0 in top of the table clash at Chikurubi on Saturday. With the win, the 2009 Zimbabwe champions opened a four-point lead at the top of the log standings with 55 points….

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Turkey clamps down on Syria border

DAMASCUS – Turkey has begun to close some of its border crossings with Syria after about 130,000 Kurdish refugees entered the country over the weekend. On Sunday Turkish security forces clashed with Kurds protesting in solidarity with the refugees. Some protesters were reportedly trying to go to Syria to fight Islamic State (IS). Most refugees…

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Intwasa kicks off tomorrow

BULAWAYO – Intwasa Arts Festival, which celebrates its 10th anniversary this year, will kick off tomorrow across six venues in Zimbabwe’s second largest city. This year’s edition of Zimbabwe’s second largest festival, which will run until September 27, is being held in partnership with the Bulawayo City Council to celebrate 120 years since the country’s…

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Artistes to hold Pretty Xaba benefit concert

HARARE – Some of Zimbabwe’s leading artistes will converge at the Book Café tomorrow to take part in a benefit concert which seeks to raise funds for ex-Studio 263 actress Pretty Xaba who was recently diagnosed with cancer. Xaba, who rose to national prominence playing the role of Mai Muwengwa in Zimbabwe’s first soapie, has…

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Zimbabweans face higher taxes

HARARE – Zimbabweans could pay higher taxes if Parliament adopts the proposed Reserve Bank of Zimbabwe (RBZ) Debt Assumption Bill, analysts say. This comes as the government recently hiked taxes on fuel, airtime and basic foodstuffs. Under the bill, government — through the Finance ministry — will assume the Central Bank’s debt, amounting to about…

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Local firm applies for credit bureau licence

HARARE – Expert Decision Systems (XDS), a local credit ratings agency, has applied to the central bank for a licence to establish a credit bureau. The firm targets to provide financial sector players with individuals’ and corporates’ credit evaluations. A credit bureau maintains consumer or borrowers’ credit data files and provides the information to authorised…

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RBZ mulls electronic payments regulation

HARARE – The Reserve Bank of Zimbabwe (RBZ) plans to introduce regulations that govern electronic transactions following the proliferation of technology-based payment platforms. William Manhimanzi, the central bank’s financial markets division deputy director, said “innovation has gone ahead of legislation”. “…at the moment we are at the consultative stage and we hope to have regulations…

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Grace’s degree: Students cry foul

HARARE – The Zimbabwe National Students Union (Zinasu) yesterday piled on the pressure on the University of Zimbabwe (UZ) describing the doctorate awarded to first lady Grace Mugabe last week as a “Genetically Modified Doctorate”  which has shamed local academia. Samuel Gwenzi, the Zinasu national coordinator, said the doctorate awarded to President Robert Mugabe’s wife…

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Mugabe labours with Lesotho mediation

HARARE – SADC chairman President Robert Mugabe is struggling to resolve southern Africa’s most festering conflict that has seen a coup attempt aimed at overthrowing Lesotho Prime Minister, Tom Thabane. Rival leaders of the mountainous kingdom’s coalition government met last week at the Department of Regional and International headquarters in South Africa’s administrative capital Pretoria,…

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