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Econet explains, apologises for loss of service
 Zim Now Writer Econet Wireless Zimbabwe chief operating officer, Kezito Makuni, yesterday apologised over network challenges experienced last week which he said were caused by power outages at the co...
Tobacco sales at US$574m on Day 45
Zim Now WriterAs at day 45 of the tobacco marketing season, sales have generated US$574 million, according to the latest figures from the Tobacco Industry and Marketing Board.A total of 186 million kg...
Manhizie steel plant increases workforce to 1 400
Zim Now WriterThe construction of what is set to be Africa’s biggest integrated steel plant, the Manhize Steel Plant has been ramped up with an increased labour force to meet the December deadling. “I...
AfDB, stakeholders craft instrument to tackle compensation for former white farmers
Akunwumi Adesina Zim Now WriterThe African Development Bank says it is working on a financial instrument to fund the US$3,5 billion needed to compensate white former commercial farmers.AfDB is working...
Bikita Minerals operations halted
Edmore ZvinonzwaMasvingo-based lithium miner, Bikita Minerals, has announced that it has put its operations on hold in order to address administrative issues “raised by authorities”.In a press release...
RBZ's FIU unfreezes "Gold Mafia" accounts
Gilbert MunetsiThe Reserve Bank of Zimbabwe has tasked its Financial Intelligence Unit to unfreeze accounts of all persons who were implicated in the Al Jazeera “Gold Mafia” series. Director-General F...
Zimbabwe Stock Exchange halts trading for 24 hours
 Zim Now WriterA trading halt on the markets has been instituted by the Zimbabwe Stock Exchange just after midday Monday, May 15, after the ZSE All Share index breached the 10% threshold on the upside...
Hofisi appointed Telecel corporate rescue manager
 Knowledge Hofisi of Aurifin Capital has been appointed corporate rescue manager for Telecel Zimbabwe to try and save the mobile network service provider from going under as it struggles against insol...
Industry frets over suspension of import duty
Zim Now WriterZimbabwe’s captains of industry are fretting over the recent suspension of import duty and import value-added tax on 10 basic groceries saying this was tantamount to exporting jobs and k...
Masiyiwa bounces back into exclusive group of African billionaires
Strive MasiyiwaZim Now WriterFollowing a surge in the market value of his publicly listed companies on the Zimbabwe Stock Exchange, Zimbabwean billionaire businessman Strive Masiyiwa has once again jo...