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FBC records $148m profit

©ZBC Holdings (FBC) says it recorded a $148,74 million profit after tax during the third quarter ended September 30, 2019 compared to $54,3 million in previous comparable period due to an increase in revenue. The Zimbabwe Stock Ex- change (ZSE) listed financial services group’s total net income was up 69 percent to $388,6 mil- lion…

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Ncube announces measures to arrest gold leakages

© GOVERNMENT plans to introduce tighter measures to halt gold leakages as well as address challenges undermining output, a government official has said. In the 2020 National Budget delivered yesterday in parliament, Finance minister Mthuli Ncube said stringent measures will be put in place to arrest losses that have cost the nation millions of dollars…

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Striking council nurses refuse to budge

ZIMBABWE Urban and Rural Council Nurses Workers’ Un- ion (ZURCNWU) has said its members are not moved by government’s threats to take discipli- nary action against them because they are incapacitated and not on strike. Early this week Information minister Monica Mutsvangwa told journalists during a post-Cabinet briefing that the government had directed the Harare…

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Mthuli cheers needy Zimbos

© FINANCE minister Mthuli Ncube yesterday surprised Zimbabweans with a rare dose of good news — after he cut taxes and took several other measures to cushion the poor from the country’s current economic turmoil, the Daily News reports. These welcome measures were contained in Ncube’s 2020 National Budget — which came as Zimbabwe is…

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MDC must unite, 2023 is around the corner

© VICIOUS internal political violence currently engulfing the Nelson Chamisa-led MDC, par- ticularly against former party secretary-general Douglas Mwonzora, is a waste of energy. Last weekend, Mwonzora’s car was attacked outside the party’s headquarters as tensions con- tinue to rise in the country’s biggest opposition. [GoogleAd] This Tuesday, rowdy thugs stormed an MDC meeting and…

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Bank in trouble over new notes. . . as RBZ, Zacc promise punitive action

© POLICE are probing one of the country’s major financial institutions  Ecobank  after one of its clients managed to withdraw $15 000 in crisp new notes which allegedly found their way to the black market, the Daily News reports. This comes after the Reserve Bank of Zimbabwe (RBZ) recently unveiled new bank notes and coins…

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Three found with fresh lion head

THREE people have been arrested in Victoria Falls after they were found selling a fresh lion head and skins. National police spokesperson Paul Nyathi confirmed the incident and warned the public not to buy meat from unverified sources. “On November 10, police in Victoria Falls arrested the suspects at about 1900 hours for contravening the…

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Paradzayi releases single

© UPCOMING singer Vimbai Paradzayi has released her single titled Mweya Mutsvene Titaridze which is an appeal to the Holy Spirit to give believers “spiritual eyes and ears, leading to the genuine fear of the Lord”. Her latest song is the first off the nine-track album The Miracle of Jesus Christ set for release before…

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Musona confident

© WARRIORS skip- per Knowledge Musona insists he is ready to lead the team against Bot- swana in a 2021 Africa Cup of Nations (Afcon) qualifier this afternoon despite his lack of game time. Zimbabwe host the Zebras at the National Sports Stadium with kick-off slated for 6pm. Since the last Afcon finals in Egypt…

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Cocaine couple denied bail

© A HARARE couple was denied bail on Wednesday when they appeared before magistrate Victoria Mashamba facing charges of possessing cocaine. Prosecutor Lancelotte Mutsokoti said Talent Munyaka, 25, and her husband Anesu Rutanhira, 32,were found in possession of two sachets of cocaine. [GoogleAd   “The accused persons are not persons of low means and are…

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