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Villagers receive 1 000 goats

BULAWAYO – The Killer Zivhu Foundation has donated 1 000 goats to Lupinyu villagers under chief Mvuthu in an effort to eradicate poverty in the area. The ceremony was attended by scores of villagers who welcomed the donation as critical in fighting poverty. Village head, Gama Siwela, said people in the area were poor, with…

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Zim Cabinet appointments: ED running out of time

HARARE – President Emmerson Mnangagwa is under pressure to appoint his Cabinet ahead of his trip to the Far East on Friday where he is scheduled to attend the Beijing Summit of the Forum on China-Africa Cooperation (FOCAC). [GoogleAd] [Adz]

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Trade deficit reaches $1,5 billion

HARARE – Zimbabwe’s cumulative trade deficit for the six months to July has reached $1,5 billion, latest trade data shows. Over the years, the country has persistently held an annual trade deficit of $3 billion on the back of falling industrial competitiveness. Latest figures released by the Zimbabwe Statistics Agency (Zimstat) yesterday showed that between…

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POSB records $8m profit

HARARE – The People’s Own Savings Bank (POSB) yesterday said its net profit surged by 111 percent to $8,11 million in the half year to June 30, 2018 due to an increase in interest income. Interest income increased by 27 percent to reach $8,43 million from $6,62 million during the same period. Non-interest income increased…

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Plot to destroy Chamisa party

HARARE – Nelson Chamisa’s MDC party has an uphill task between now and the next polls in 2023 to navigate strong legal and political headwinds blowing in its direction, in what appears to be a systematic attempt by its rivals to sink the party. Before the ink has even dried on a Constitutional Court (Con-Court)…

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Invasion at Grace Mugabe’s property

HARARE – Suspected Zanu PF thugs laid siege to Grace Mugabe’s gold mine in Mazowe mid last week before they were chased from the property two days later. Eye witnesses told the Daily News that the invaders, fronted by a known Zanu PF functionary (name supplied), used guns to drive out the few security guards…

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We’ll embrace MDC councils — Zanu PF

HARARE – ZANU PF says it is ready to work with the MDC Alliance that won the majority number of urban local authorities in the just-ended harmonised elections. Since the formation of the MDC in 1999, the labour backed party has been in control of most of the country’s urban councils but service delivery has…

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New Cabinet must help ‘restore legacy’

HARARE – Former president Robert Mugabe was notorious for stuffing his Cabinet with poor performers. The ultimate for him was to reward his cronies for their loyalty and ensuring fair representation across regions, while also serving as a retirement home for his bosom buddies. With his fall last November, many expected his successor Emmerson Mnangagwa…

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Open Letter to Mnangagwa

I would start by congratulating you on becoming our new President. As you assume your five-year mandate, have a few suggestions. A female vice president It goes without question that Section 56 of our Constitution requires that we have equal representation in our country, since 54 percent of the voters were female. A new dawn…

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Distressed firms splash costly ED adverts

HARARE – Distressed companies, some of which are on the verge of collapse, have dug deep into their nearly empty pockets to join the bandwagon and congratulate President Emmerson Mnangagwa who was sworn in as the country’s president on Sunday. Most of the government owned parastatals are in the intensive care unit and depend heavily…

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