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‘Over 1 500 Chimanimani  families still living in tents’

© OVER 1 500 families in Chamanimani are still living in tents nearly three months after Cyclone Idai destroyed their homes, Local Government minister July Moyo has revealed. [GoogleAd] Moyo told senators last week that government is running around to try and get shelter for the families. “We have in Chimanimani 1 654 families that…

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RTGS$ will plunge more: Biti

© LACK of production in the country will cause the RTGS dollar to further plunge as it loses ground against the sturdy US dollar, former Finance minister Tendai Biti has said. [GoogleAd] This comes after the RTGS has continued to plummet against the US dollar, fetching around 920 percent on the black currency market and 600…

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‘Gudyanga docket still missing’

© THE docket of former permanent secretary in the Mines ministry Francis Pedzana Gudyanga, who stands accused of defrauding the State of more than $1,6 million is still missing, a court heard yesterday. [GoogleAd] Gudyanga, who is also former Marketing Corporation of Zimbabwe (MMCZ) board chairperson, stands accused of paying $1 629 500 from the…

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‘Dairibord not spared by economic headwinds’

© LISTED milk processor Dairibord Holdings Limited (DHL) says it has not been spared by the current economic headwinds which have resulted in the company’s intermittent price increases in response to the economic conundrum. [GoogleAd] Zimbabwe’s business operating environment has continued to degenerate amid a worsening currency crisis where the RTGS dollar has continued to tumble…

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Residents hail BCC  assets declaration policy

© IN a rare development, residents here have hailed the move by the Bulawayo City Council (BCC) where councillors and members of staff will now be legally mandated to declare their assets. [GoogleAd] The new policy is carried under the conflict of interests and confidentiality policy which was passed by the local authority recently. The…

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Investors eye POSB

© THE People’s Own Savings Bank (POSB) says at least four international investors have expressed interest to acquire a stake in the financial services institution. [GoogleAd] POSB is among several State enterprises earmarked for privatisation by government following years of perennial losses. Admore Kandlela, the bank’s chief executive, said an evaluation committee has been put in…

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Fresh setback for Gumbura

© THE High Court has thrown out incarcerated Independent End Time Message founder Robert Martin Gumbura’s bid to suspend proceedings in a case he is accused of masterminding a foiled jail break from Chikurubi Maximum Security Prison in 2013. [GoogleAd] Gumbura approached the upper court after magistrate Francis Mapfumo dismissed his application for discharge at…

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Zim inflation out of control

©  ZIMBABWE’S year-on-year inflation rose to a 10-year high of 97,85 percent in May from 75,86 percent in April, pushed by persistent increases in the price of basic goods, Zimbabwe National Statistics Agency(Zimstat) said yesterday. [GoogeAd] This comes as the value of RTGS dollar has been deteriorating due to the country’s growing reliance on imports…

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Chamisa to appoint Zanla, Zipra cadres

© MDC leader Nelson Chamisa will tomorrow appoint officials into his national executive and standing committee amid revelations that former Zipra and Zanla liberation war commanders, trade unionists and professionals will be included. [GoogleAd] Highly-placed sources told the Daily News yesterday that in line with the just-ended May congress of the MDC’s resolutions, the 19-year-old…

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National gallery to include students in art competition

© The National Gallery of Zimbabwe (NGZ ) is currently inviting interested students from across the 10 provinces of the country to submit artwork in a media of their choice.  [GoogleAd] The entry which is either two or three dimension seeks to engage young artists at a tender age to respond to challenges of rural and…

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