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Zera dispels fuel price hike

HARARE – The Zimbabwe Energy Regulatory Authority (Zera) has dispelled media reports of fuel prices hikes following a highly disputed election held…

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Zim platinum output depressed

HARARE – Zimbabwe’s platinum production was depressed in the half-year to June 2013, increasing by a marginal two percent to 6,6 tonnes…

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Zimplats profits slump

HARARE – Zimbabwe Platinum Mines Limited (Zimplats) recorded a 66 percent slump in operating profit to $22,5 million in the quarter ended…

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Phoenix to dispose of unit

HARARE – Listed diversified concern Phoenix Consolidated Industries Limited (Phoenix) is mulling selling one of its units to reduce borrowings. “The company…

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Zim pins hope on platinum reserves

HARARE – Despite the uncertainty facing Zimbabwe’s economy following President Robert Mugabe’s election victory, economic experts say the country’s platinum reserves may…

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BNC remains in the red

HARARE – Zimbabwe Stock Exchange-listed resources group Bindura Nickel Corporation (BNC) remains in the red, incurring a $12,9 million loss in the…

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Govt signals Caaz unbundling

HARARE – Government is implementing the long-awaited plan to unbundle air travel parastatal, the Civil Aviation Authority of Zimbabwe (Caaz), into two…

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