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ZimAlloys scrounges for new investor

HARARE – Despite government’s intention of compulsorily acquiring 22 000 hectares (ha) of land claims from ferrochrome producer, Zimbabwe Alloys (ZimAlloys), the…

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Telecel takeover in new twist

HARARE – National Social Security Authority (Nssa) said it will relinquish its controlling stake in Telecel Zimbabwe to Zarnet after three years,…

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Trade deficit declines

HARARE – Zimbabwe’s trade deficit with the rest of the world declined to $2,3 billion last year compared to $3 billion in…

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Chinese security firm invests in Zim

HARARE – China’s leading supplier of surveillance products, HIKVISION, has partnered Nations Hardware and Electrical to strengthen Zimbabwe’s security industry. Nations Hardware…

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China commits to help Zim

HARARE – China is willing to help Zimbabwe revive its economy through company investments, infrastructure development and bilateral cooperation, the Asian giant’s…

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