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Econet secures $500m loan facility

HARARE – Diversified telecommunications group, Econet Global, has secured a $500 million loan facility from China Development Bank and ZTE, with the firm’s Zimbabwe unit…

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Nampak in $9m capex

HARARE – Packaging firm, Nampak Zimbabwe Limited (Nampak), has spent close to $9 million in capital expenditure in the full year to September…

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Econet ventures into television

HARARE – Econet founder and one of Zimbabwe’s wealthiest men, Strive Masiyiwa, says the diversified telecommunications company will soon launch a Pay TV…

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Govt, SDAs to pay vehicle duty

HARARE – Zimbabwe’s cash-strapped government has come up with various measures, such as forcing government departments and school development associations to pay duty…

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SeedCo revenue increases to $18,8m

HARARE – Zimbabwe Stock Exchange-listed agricultural concern SeedCo Limited (SeedCo) revenue increased by 17 percent to $18,8 million in the six months to…

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Govt assumes Cottco $41m debt

HARARE – Cottco Holdings Limited (Cottco) says government has started the process of taking over its legacy debt of over $41 million…

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