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Tobacco earnings hit $1,3bn

HARARE – Zimbabwe has so far earned over $1,3 billion from tobacco sales since the opening of the marketing season  mid-February. Statistics…

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Liquidity constraints hit OK

HARARE – Zimbabwe’s largest supermarket chain by revenue and outlets, OK Zimbabwe (OK), says post-election uncertainty over policy direction coupled with low…

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Lafarge shifts focus to paint

HARARE – Lafarge’s Zimbabwe unit says it is shifting focus to products such as paint and aggregates to drive revenue as cement…

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ZSE slumps

HARARE – The Zimbabwe Stock Exchange, which opened the week on a high, yesterday slumped 0,04 percent to close at 217,18 points….

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Face up to reality, govt told

HARARE – Government efforts to fix Zimbabwe’s broken economy must begin with facing up to reality and not just raising hopes, a…

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Interfresh to delist from ZSE

HARARE – Horticultural concern Interfresh Limited (Interfresh) plans to delist from the Zimbabwe Stock Exchange (ZSE). The group, intending to relist in…

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Mugabe considers Brics loans

HARARE – President Robert Mugabe is considering raising finance through measures ranging from establishing a sovereign wealth fund to borrowing money from…

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Afdis in $5m rights issue

HARARE – Listed wines and spirits maker African Distillers Limited (Afdis) plans a $5 million rights issue with the funds earmarked to…

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