Business

Paper and packaging group, Nampak Zimbabwe Limited says it will next month start paying in tranches a US$66,8 million it owes foreign creditors.
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The volume of commercial trucks using Beitbridge Border Post has started to increase, with transporters now avoiding the Botswana transit route due to very strict Covid-19 screening measures.
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South Africa based online money transfer business Mama Money is making a big splash to strengthen its presence in the Zimbabwean market by offering the lowest fees of 5% or less for guaranteed USD transfers from South Africa to Zimbabwe.
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A private fuel supplier, First Oil, has been ordered to refund CMED US$2,7 million it received from the State-run transport entity for the supply of three million litres of diesel in a botched fuel deal, in which the High Court found both…
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Listed retail chain OK Zimbabwe Limited has appointed Mr Maxen Karombo as the new group's chief executive officer with effect from April 2021.
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The Government has pledged to grant Tongaat Hulett sugar processing company a 99-year lease on the 23 979 hectares of land they occupy.
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The National Railways of Zimbabwe (NRZ) board has appointed board member Mrs Restina Zinyanduko as acting general manager for three months as the parastatal moves towards restructuring top management.
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Leading coal mining giant, Hwange Colliery Company Limited (HCCL) has terminated all privileges it used to render local chiefs as part of its Corporate Social Responsibility.
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Shareholders of Mutare-based gold producer Redwing, are challenging the validity of Probadek Investments’ joint venture agreement with the mine’s judicial manager Mr. Cecil Madondo, whom it has accused of fraud.
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Twitter chief Jack Dorsey on Friday put out word that he and rap mogul Jay-Z are creating a fund devoted to making bitcoin digital money "the internet's currency."
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