Oliver Kazunga Senior Business Reporter THE Zimbabwe Clothing Manufacturers Association (ZCMA) says cotton farmers need to be assisted to produce good quality cotton in the manufacture of market-oriented products across the value chain. Cotton production has over the last few years been on an upward trajectory following interventions by the Government to assist. Last year, […]
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Monthly Archives: June 2022
NOIC rolls out US$20m Feruka pipeline upgrade
Michael Tome Business Reporter PETROZIM Line Limited (PZL), in partnership with Companhia do Pipeline Moçambique – Zimbabwe (CPMZ), intends to invest US$20 million towards upgrading pumping capacity on the Feruka pipeline. The Zimbabwean petroleum company said the planned upgrades would enhance the pipeline’s throughput to 3 billion liters per year from the current 2,19 billion […]
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Wanted woman arrested
Crime Reporter The 28-year-old woman, Ivy Nyashano, wanted by police to answer to allegations of unlawful detention and rape of seven children, has been arrested and will be facing charges of luring the seven girls aged 12 to 16 to her house with an offer of employment and then drugging them and selling sexual access […]
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Varsity bursar up for $10m fraud
Midlands Bureau The assistant bursar with the Midlands State University with responsibility for the payroll has been issued with a warrant of arrest after he went on the run and failed to appear at the Gweru Magistrate Courts where he is facing charges of fraud for swindling the university of over $10 million by creating […]
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EIB, First Capital Bank in e12,5m credit facility deal
First Capital Bank (FCB) board chairman Patrick Devenish (second from left) and EU Ambassador to Zimbabwe Timo Olkkonen (third from left) sign the agreement for the e12,5 million line of credit to FCB from the European Investment Bank (EIB). Looking on are FCB chief finance officer Fanuel Kapanje and EIB head of regional representation for […]
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U.S. Supreme Court leak stirs abortion passions in Africa
Around the world’s poorest continent, a strong anti-abortion lobby has helped stall abortion reform …
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Man Utd Pogba exit confirmed
MANCHESTER United have officially confirmed the departure of Paul Pogba. The World Cup winner decided not to renew his contract at Old Trafford meaning that Pogba can talk to any club he chooses. And Juventus are reportedly the frontrunners for his signature as well as being the preferred destination of the Frenchman. Meanwhile, United transfer […] …
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Zimdollar slides to $308,5 against USD at forex auction
Sikhulekelani Moyo, BusinessReporter THE Zimbabwean dollar further weakened against the United States dollar at the weekly forex auction system on Tuesday where it traded at $308,5 to the green back. Last week the local currency traded at $290,1. According to the Reserve Bank of Zimbabwe (RBZ) after this week’s auction, a total of US$25,6 million […] …
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“Patience pays” – Rapper X_TheLyricalVenom
Mbulelo Mpofu, Showbiz Reporter NASCENT local hip-hop artiste, X_TheLyricalVenom (real name Promise Radebe) has attributed his rise in the hip-hop sector to patience. The rapper who has a decade-long career feels like his rise has been timely. “I started rapping in 2012, but real recognition has been elusive. I only got to be taken seriously […] …
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Rafael Nadal beats Novak Djokovic in late-night thriller
Rafael Nadal demonstrated once again why he is the greatest player in French Open history by beating long-time rival Novak Djokovic in a late-night thriller to reach the men’s singles semi-finals. Nadal, going for a 14th title, started superbly and fought off resistance from defending champion Djokovic to win 6-2 4-6 6-2 7-6 (7-4) at […] …
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