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HARARE – Indian soft drinks manufacturer, Varun Beverages has said it is doubling production at its recently-commissioned $40 million Pepsi manufacturing and bottling plant in Harare. The company, which is the largest bottler of PepsiCo products outside the United States, began producing carbonated PepsiCo products — Pepsi, Mirinda Orange, Mirinda Fruity, Mirinda Green Apple, Miranda…

HARARE – Properties worth tens of thousands of dollars have been destroyed in the last two days following fire accidents which authorities were still investigating by end of day yesterday. This comes as the country has been experiencing hot spells which experts said could act as agents for serious blazes if unsecured electrical cables or…

HARARE – Industry and Commerce minister Mangaliso Ndlovu yesterday met with manufacturers and retailers in a heated closed door meeting, with the minister emphasising the need to bring sanity to the pricing regime. The tense meeting that lasted nearly three hours did not yield much positive results, with  stakeholders reportedly clashing in angry scenes. Manufacturers…

HARARE – In a bid to reassure the mining sector that inflation will remain in check, Reserve Bank of Zimbabwe governor John Mangudya yesterday said he does not expect it to go up due to sound policies and vision 2030 that the government is pursuing. This comes after Zimbabwe’s October inflation raced to 20,85 percent…

HARARE – The Confederation of Zimbabwe Retailers (CZR) has said most suppliers have changed their trading terms demanding foreign currency up-front. CZR president Denford Mutashu said they have been to Midlands and Matabeleland where retail players were reportedly “very bitter” over the decision by suppliers to change trading terms. “Suppliers are now demanding to be…

HARARE – Zanu PF secretary for administration and former Cabinet minister Obert Mpofu finally appeared in court yesterday answering to inciting a Ntabazinduna villager to defy directives from Chief Felix Nhlanhlayemangwe Ndiweni. The former Home Affairs minister had previously declined to testify saying he knew nothing about the matter in which Chief Ndiweni and his…

HARARE – Businessman and former chairperson of a commission which once ran the affairs of the City of Harare, Michael Mahachi — has approached the High Court seeking to gain freedom — after he was denied bail by the Magistrates’ Court at the weekend. Mahachi who was chairperson of the commission between 2006 and 2013…

HARARE – MDC leader Nelson Chamisa is now amenable to appearing before a Commission of Inquiry investigating the post-election violence that killed at least six people in central Harare on August 1, the Daily News can report. But before he could face the seven-member Commission, the MDC leader wants the panel to clarify a number…

HARARE – Socialite and businessman Genius “Ginimbi” Kadungure has spent another night behind bars after High Court Judge Tawanda Chitapi deferred his bail ruling to today. Kadungure is being accused of prejudicing government of $3,5 million through tax evasion. Through his lawyer, Jonathan Samukange, who instructed advocate Sylvester Hashiti, Kadungure had approached the High Court…

HARARE – Law enforcement agents are on high alert following a recent spate of armed robberies and heinous rape incidents around the country — including in the capital, Harare where a gang of rogue taxi drivers is terrorising women, the Daily News can report. [Adz] [GoogleAd]