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Mutasa savages Grace

HARARE – Forner Presidential Affairs minister Didymus Mutasa (pictured) — who celebrated his 80th birthday quietly on Monday — says he is shocked by the insensitivity of Zanu PF’s leaders, who threw an extravagant 50th birthday party for First Lady Grace Mugabe last weekend, at a time when most Zimbabweans are wallowing in abject poverty….

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First Lady bars Daily News from event

HARARE – A news reporting crew from the Daily News was barred from covering a function presided over by First Lady Grace Mugabe at her Mazowe business hub on Wednesday, in yet another glaring example of official intolerance of the independent media in the country. While the Daily News was ejected from the function, reporters…

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Mugabe hands Manyuchi $50 000

HARARE – President Robert Mugabe yesterday made light work of the criticism his government has faced over its neglect of successful boxer – Charles Manyuchi – when he handed over $50 000 cash reward to the pugilist who successfully defended his World Boxing Council (WBC) welterweight title earlier this month. Mugabe and his cabinet, prior…

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Mawindi tipped for top NetOne job

HARARE – Former Telecel Zimbabwe (Telecel) chief executive, Francis Mawindi, is tipped to be appointed chief operating officer (COO) of State-owned wireless network operator NetOne, market sources say. While NetOne neither confirmed nor denied the reports, Mahwindi, currently in the U.S, said “this is news to me. I have neither accepted nor rejected any offer…

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Cottco makes $30m loss

HARARE – Cottco Holdings Limited (Cottco) has registered a $30,2 million loss in the full year to March 31, 2015 from a profit of $14,9 million recorded in the same period last year. The company’s executive chairman, Douglas Ncube, said the loss included impairments of $11,2 million in respect of trade and other receivables, inventory…

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Car duty goes up, bale imports banned

HARARE – The cash-strapped Zimbabwean government has increased import duty for second hand vehicles, banned the importation of second hand clothing and scrapped rebates on groceries as part of measures to revive the stagnating economy. In his mid-term fiscal presentation in Parliament yesterday, Finance minister Patrick Chinamasa revised downwards Zimbabwe’s economic growth rate from 3,1…

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Trio back for NZ series

HARARE – Zimbabwe Cricket (ZC) limited overs captain Elton Chigumbura, allrounder Sean Williams and seamer Tinashe Panyangara are available to face New Zealand in Sunday’s opening ODI at Harare Sports Club. Chigumbura was rested for the Twenty20 series decider against India earlier this month after pulling a hamstring. Panyangara and Williams were sidelined during the…

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Manyuchi’s big day

HARARE – Charles Manyuchi will finally get recognition from Zimbabweans when President Robert Mugabe hosts a banquet for the World Boxing Council (WBC) welterweight champion at State House today. Since turning professional in 2009, Manyuchi has been slowly rising in the welterweight ranks culminating in his victory over Patrick Allotey of Ghana in March 2014…

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Educational institutions fuelling piracy says Mari

HARARE – National Arts Council of Zimbabwe (Nacz) director Elvas Mari has singled out educational institutions as the major perpetrators of book piracy. Mari made the remarks on Tuesday at the Zimbabwe International Book Fair (ZIBF), which is currently running in Harare under the theme “Growing the knowledge economy through research, writing, publishing and reading.”…

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Zim injects $150m into RBZ

HARARE – Finance minister, Patrick Chinamasa, said treasury will soon inject an additional $150 million into the central bank as part of efforts to recapitalise the financial institution. “We have already capitalized the bank to the tune of $100 million, another $150 million is expected so that the bank can fully assume its role as…

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