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ZSE lifts CFI suspension

HARARE – The Zimbabwe Stock Exchange (ZSE) has lifted the suspension of CFI Holdings Limited after the diversified concern complied with listing rules. CFI, which owns businesses in real estate and agro-industrial, was early this year suspended from trading on the local bourse after it failed to publish its September year-end results within the stipulated…

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Zim exports $246m tobacco

HARARE – Zimbabwe has earned over $246 million from the export of 42,5 million kilogrammes (kg) of flue-cured tobacco since the beginning of the marketing season in March this year. Latest statistics from the Tobacco Industry and Marketing Board (TIMB), the country’s seasonal exports improved from the $234,2 million receipts recorded prior year comparable period after…

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Tsvangirai’s MDC ‘invades’ Bulawayo

HARARE – Despite the fact that their leader is indisposed, the Morgan Tsvangirai-led MDC says its demonstration against President Robert Mugabe’s “failed” leadership will go ahead in the second largest city of Bulawayo. With Tsvangirai ill, doubts have been raised over the pulling power of his lieutenants who will lead the demonstration in his absence….

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Thisflag campaign goes a gear up

HARARE – Founder of #ThisFlag campaign — a social media movement that has shaken government to the core — has moved a gear up by setting up citizen task forces to fight corruption, poverty and injustice — which many trace to the governing party Zanu PF. Evan Mawarire the man behind #ThisFlag, said since most…

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Zim economy in dire straits

HARARE – As Zimbabwe’s economy continues to hurtle towards a full blown recession, the country’s biting liquidity and cash crisis is also deepening, with bank clients across the board now singing the blues as they battle to withdraw their cash. The Daily News established yesterday that depositors with some banks are now spending up to…

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We are not the dirtiest city: Chideme

HARARE – The Daily News caught up with City of Harare spokesperson Michael Chideme so that he could address some of the residents’ concerns that include the vendors issue, mushika-shika menace, poor service delivery and council’s salary backlog. Below are excepts from the interview. Q: Has refuse collection improved in Harare? A: We are still…

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‘US drought assistance surpasses $50m’

HARARE – United States Agency for International Development (USaid) has so far contributed over $50 million towards alleviating hunger, which is threatening the livelihoods of at least five million people in Zimbabwe. Apart from assisting Zimbabweans with food aid, USaid is also working on building self-sufficiency that enables people to cope with future droughts. An…

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Opposition members denied food aid

HARARE – Villagers supporting opposition parties are being excluded from food aid distribution, the Zimbabwe Peace Project (ZPP) has revealed. In its April report, ZPP said the elderly and some vulnerable members of communities were going without food aid because of partisan distribution of relief aid. At least five million people, mostly in rural communities…

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Mucherahowa warns underperforming DeMbare players

HARARE – Legendary former Dynamos captain Memory Mucherahowa has warned the current crop of Glamour Boys that they need to work hard to defend the blue and white jersey. Mucherahowa’s warning comes as the Glamour Boys face eternal rivals Highlanders in a Castle Lager Premiership match at Rufaro Stadium this afternoon. DeMbare have had an…

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Harare City’s struggles continue

HARARE – Harare City’s poor start to the season continued when they were held to a goal-less draw by lowly Chapungu in a Castle Lager Premiership match at Rufaro Stadium yesterday. The Sunshine boys, who have won only twice this season, were below-par as they failed to trouble Chapungu yesterday. With the draw, Harare City…

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