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UK businesses keen to invest more in Zimbabwe

By Rutendo Ngara PRESIDENT Emmerson Mnangagwa yesterday met with a United Kingdom (UK) business delegation that has an interest in investing in various sectors of the country’s economy, including infrastructure and energy. In his opening remarks, Mnangagwa said relations between the UK and Zimbabwe were strengthening. “I recall that at the side-lines of the coronation…

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2m children in need of assistance — Unicef

NEARLY two million children in Zimbabwe, out of three million vulnerable citizens, are in urgent need of humanitarian assistance, the United Children’s Emergency Fund (Unicef) has said. In its latest report, the United Nations (UN) agency also appealed for US$32.8 million to meet the requirements of vulnerable citizens. “Unicef is appealing for US$32.8 million to…

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Business

US$20m tobacco processing plant for Beatrice

ONE of Zimbabwe’s leading tobacco companies, Voedsel Holdings, is setting up a US$20 million tobacco processing plant in Beatrice, Mashonaland East Province. The plant is set to be commissioned at the end of December with more than 50 percent of civil works on the plant bought from Malawi and being reassembled by a Brazilian contractor…

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Zimplow’s Valmec unit targets new commercial farmers

ZIMPLOW Holdings says its newly established subsidiary, Valmec, will be targeting to supply agriculture equipment to entry level commercial farmers. The diversified company launched Valmec last Friday.Speaking after the launch, Zimplow chief executive Vimbayi Nyakudya said their agriculture cluster had been focused on creating resilience owing to soft producer pricing and changes in weather patterns.“Therefore,…

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It’s time to move on: Tsenengamu… says Sadc, AU won’t reverse ED’s poll victory

THE opposition now needs to accept the reality that President Emmerson Mnangagwa and Zanu PF will be in power for the next five years, and concentrate on the future. So says former Zanu PF youth leader Godfrey Tsenengamu — who now leads the Front for Economic Emancipation Zimbabwe (FEEZ) — who adds that citizens are…

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State set to return US$234k to acquitted bank heist suspects

HARARE Magistrate Clever Tsikwa has ordered the State to return US$234 000 cash that was seized from four men who were arrested in connection to the ZB Bank armoured truck heist that occurred in 2021. The four, Trymore Chapfika, Tozivepi Chirara, Dennis Madondo and Tatenda Gadzikwa, had filed an application for disposal after they were…

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Government moves to end water crisis in Harare

By Nyasha Kunyiswakunyiswan@dailynews.co.zw AS the country is facing a fresh cholera outbreak, the government has stepped in to end the water crisis in Harare, purchasing a month’s supply of water treatment chemicals. This comes as Zimbabwe is facing a fresh cholera outbreak which has seen at least 126 people in the country recently losing their…

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Government slashes wheat marketing prices

By Rutendo Ngara THE government has slashed wheat marketing prices from last year’s US$620 per metric tonne to US$520 this year. This comes as the country is expecting to harvest at least 400 000 metric tonnes of wheat this season from 85 000 hectares.In a joint press release yesterday, Agriculture and Finance ministers Anxious Masuka…

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FlySafair excites Zimbabwe market

By Farai MabezaSENIOR STAFF WRITER MAJOR South African low cost carrier FlySafair has become the latest regional airline to join the busy Johannesburg-Harare route after making its inaugural flight yesterday. This comes as the airline launches its Johannesburg-Victoria Falls flight today, becoming the second new South African airline on the route in four months after…

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Workers call for a prices indaba

LABOUR unions have called for an all-stakeholders meeting in a bid to find ways of mitigating the plight of workers in the face of rising prices of basic goods. Speaking to the Daily News at the weekend, union leaders said such a meeting was crucial to prevent a “looming social crisis” as a result of…

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