Business

Bank offers to compensate farmers

TIME Bank of Zimbabwe Limited, which is set to reopen on December 1, has offered to finance compensation to white former commercial farmers whose land was expropriated by the government in the early 2000s to resettle black Zimbabweans. In a statement yesterday, the first locally-owned commercial bank to be established in the country, said the…

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Government expands forex offensive

THE government has further stepped up its war on foreign currency violations, with authorities now going after individuals suspected of abusing their bank accounts to purchase forex illegally. In the process, the Reserve Bank of Zimbabwe (RBZ) has directed all financial institutions to close bank accounts belonging to individuals suspected of abusing their debit cards…

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Zimsec examination schedule released

PUBLIC examinations will begin next month for Grade 7 candidates, with Ordinary Level students set to start writing on November 22, overlapping into next year. In a statement yesterday, Zimsec said that Grade 7 examinations will start on November 29 and end on December 10, while those for Ordinary Level will end on January 31…

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Agriculture sector survey out today

AGRICULTURE deputy minister Vangelis Haritatos, is today expected to lead a high-level panel discussion at the launch of the third edition of the Agriculture Sector Survey.   The comprehensive report was undertaken by local think tank  Africa Economic Development Strategies, which was commissioned by the Financial Gazette in collaboration with CBZ Holdings and the Zimbabwe Agriculture Society (Zas). This…

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Jury still out on fresh talks push… but analysts, churches hope ZI initiative will succeed

AFTER many other unsuccessful previous attempts to foster national dialogue, the jury is still out on a new talks initiative by a South Africa-based think tank to bring the country’s main political players to the negotiating table. While both churches and analysts hope that something tangible will come out of the latest push by the…

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Fresh fight rocks AFM

A NEW fight has erupted in the Apostolic Faith Mission (AFM), amid claims that followers of a splinter group led by Cossam Chiangwa forcibly took over churches belonging to the main body led by Amon Madawo at the weekend, in violation of a recent Supreme Court ruling. This comes after the Supreme Court settled the…

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Covid-19 cases decline in schools

THE government yesterday said Covid-19 positive cases continue to decline in schools as authorities intensify their vaccination blitz against the virulent pandemic.  Since learning institutions opened their doors for face-to-face lessons last month, statistics showed that learners were contributing the highest number of new positive cases.   This comes as the country had recorded 131 875…

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Zanu PF to deploy bigwigs again

ZANU PF has once again been forced to deploy party bigwigs across the country to quell the escalating factional fights which have now turned violent in some provinces during the current restructuring exercise.  This comes as party members especially in Mashonaland West, East, Central and Manicaland have been involved in skirmishes also involving the police…

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Calls to end child marriages growing

THERE is a need for Zimbabweans to work together in unison if society is to win the war on forced child marriages, the Netherlands ambassador to Zimbabwe Margret Verwijk has said.  Verwijk was speaking on Monday when the country celebrated the Day of the Girl Child at a time when only 14 percent of female…

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Business

ZSE lifts CFI’s suspension

THE Zimbabwe Stock Exchange (ZSE) on Friday lifted CFI Holding Limited (CFI)’s suspension from trading on the main bourse after the company regularised its corporate governance shortcomings as required under the listing requirements. Trading in the securities of CFI was suspended on January 2, 2018 for failure to comply with the free float requirements and…

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