Day: October 16, 2023

Mr Meanwell Gudu
Business

Meanwell Gudu relieved of his duties as TIMB CE

The Tobacco Industry and Marketing Board (TIMB) has relieved Mr Meanwell Gudu of his duties as the Chief Executive Officer. TIMB advised stakeholders in a press statement. “The Tobacco Industry and Marketing Board (TIMB) would like to inform its valued stakeholders that Mr Meanwell Gudu is no longer employed as the Chief Executive Officer effective […]

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President Mnangagwa
News

Let’s be our own masters: President

Zimbabwe has shaken off the unflattering tag of victimhood and helplessness in the face of illegal sanctions and through a cocktail of interventions has been able to develop itself economically through internal solutions. In his weekly column in The Sunday Mail, President Mnangagwa said the country should continue looking inwardly for its development, notwithstanding the […]

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George Charamba
News

Chamisa’s blatant lies on talks exposed

FROM as early as 2018, CCC leader Mr Nelson Chamisa sent various envoys who included journalists, businessmen and church leaders to open talks with President Mnangagwa but all his missions collapsed as they were predicated on deceit, dishonesty and double-standards, President Mnangagwa’s spokesperson Mr George Charamba has said. In his multi-pronged approach that was carried […]

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News

Chirundu border now open 24 hours

Chirundu One-Stop border post now operates 24 hours a day as Zimbabwe and Zambia seek to enhance intra-Africa trade and respond to the surge in volumes of feeder traffic from Beitbridge and Forbes border posts as well as the traffic from each country. The border had been opening between 6am and 10pm before the third […]

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Cairns chief operations officer Karen Jiri (centre) stresses a point during a panel discussion on Sustainable collaboration between farmers and food processors. Following proceedings are CZI chief executive officer Sekai Kuvarika (left) and Zimbabwe Mercantile Exchange general manager Garikayi Munema, (Picture: Nicholas Baikili)
Business

Investors get guarantee on multicurrency regime

The Government has assured investors and businesses operating in Zimbabwe that any policy decision to be adopted upon the expiry of the current term of the multi-currency regime, which runs through 2025, will protect the interests of key stakeholders. This is considered critical to maintain the prevailing stability, growth, and inflation slowdown. A law is […]

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Business

Zimbabwe Stock Exchange records $171 billion revenue

The Zimbabwe Stock Exchange (ZSE) registered $171 billion in third quarter market turnover representing a 27 percent increase from the previous quarter. In comparison to the same period last year (Q3 2022), the market turnover recorded a 418 percent jump from $33 billion. According to the latest ZSE Markets Newsletter which provides market highlights on […]

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Western sanctions on Russia over its invasion of Ukraine are forcing metals supply chains to reconfigure along geopolitical lines
Business

Falling metal prices: Mining companies seek Government intervention

FALLING global metal prices are taking a heavy toll on the viability of local mining companies amid fears this could force some of the entities to scale down operations in order to contain rising costs and maintain profitability. The mining companies have since made an impassioned plea for the Government to intervene to limit the […]

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Garikai Munashe Mapanzure
Lifestyle and Entertainment

Befitting send-off for Garry Mapanzure

Hundreds of people from all walks of life convened at Morningside, Masvingo, yesterday afternoon to pay their final respects to local Afro-pop singer Garikai Munashe Mapanzure, affectionately known as ‘Garry’. Mapanzure died last week on Friday after sustaining injuries from a road traffic accident along the Beitbridge-Masvingo Highway. He was 25. The late musician was […]

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Business

‘Solar energy answer to power deficit’

Zimbabwe has an abundant solar photovoltaic (PV) energy resource which is largely untapped and underutilised that when fully exploited through investments could reduce the energy deficit in line with the National Development Strategy 1 that prioritises the promotion of new and renewable energy sources, Zimbabwe Energy Regulatory Authority (Zera) has noted. The country has high […]

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Antum Naqvi
Sports

Takashinga Patriots 2 win T20 tourney

Antum Naqvi starred with a brilliant innings of 91 as Takashinga Patriots 2 were crowned the NPL T20 Blast champions after beating Uprising by three runs in a thrilling final that went down to the very last ball of the match at Harare Sports Club on Saturday night. Put in to bat, the Highfield-based side […]

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