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RioZim in Sengwa due diligence

HARARE – Listed diversified resources group RioZim says it carrying out a due diligence exercise to produce an initial 150 megawatts (MW)…

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AfrAsia to up AKZL stake?

HARARE – A Reserve Bank of Zimbabwe (RBZ) announcement that it will “approve and facilitate” shareholding changes in AfrAsia Kingdom Zimbabwe Limited…

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Tetrad targets $500m capital

HARARE – Financial services group Tetrad Holdings Limited (THL) says it is focusing on raising $500 million capital by 2015 and has…

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AfDB grants Zim $25m loan

HARARE – The African Development Bank (AfDB) has granted Zimbabwe a $24,7 million loan to support the country’s capacity building projects. The…

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NSSA meets RBZ over Capital Bank

HARARE – The National Social Security Authority (Nssa) met Reserve Bank of Zimbabwe (RBZ) authorities on Monday to discuss Capital Bank Corporation…

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Fuel prices go down

HARARE – Zimbabwe’s fuel prices have gone down by an average of $0,08 after surging at least $0,10 following the hike of…

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$1,3 billion for Hwange expansion

HARARE – Government needs $1,3 billion to increase Hwange Thermal Power Station (Hwange)’s capacity, Energy minister Elton Mangoma said. He said implementation…

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