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Treger Group invests US$37mln in modernising units

Staff Writer BULAWAYO – The Treger Products Group has re-invested close to US$37 million into the business since 2010 with a focus on modernising its production units to keep with global industrial technological standards and...
The Zimbabwean economy is not yet out of the woods , according to economic experts

Another record allotment at RBZ auction as ZWL dawdles within 84

HARARE - There was another record allotment on the Reserve Bank of Zimbabwe's auction system on Tuesday but the local currency continued to crawl within the 84 band. The local currency depreciated by 0.0418%...
Indicative overview of sea- and land-based heroin routes across the eastern African coastal states

A Mozambican mystery story

RW Johnson The increasing threat posed by Ansar al Sunnah jihadists in Mozambique’s northernmost province of Cabo Delgado finally caused major international concern after the ISIS-linked insurgents attacked the town of Palms on March 24. The...
The United States has accused the Zimbabwean government of treating religious sects with suspicion while regularly monitoring public gatherings

“Suspicious Zim authorities monitoring church gatherings”

Sydney Kawadza The United States has expressed government’s suspicious treatment of religious activities amid reports that authorities continue to monitor public events, prayer rallies and congregations. According to the Zimbabwe 2020 International Religious Freedom Report, Zimbabwean...

US$50 000 Japanese food assistance for vulnerable Gokwe families

Herzel Mushayabasa At least 3.4 million people are in dire need for food assistance with the Japanese government partnering the Zimbabwe Red Cross Society to assist 6 000 families in Gokwe. The latest Infection Control Assessment...
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Novartis in milestone delivery of 1 bln courses of antimalarial treatment

Novartis continues to invest in research and development for next-generation antimalarials to combat the threat of artemisinin resistance BASEL, Switzerland, May 18, 2021/ — Novartis announced today that it has delivered one billion courses of antimalarial...
Advocate Thabani Mpofu flanked lawyer Tendai Biti and Dr Musa Kika during a press conference in Harare

Lawyer pushes for contempt of court charge against Ziyambi

Donald Chakamanga A Harare lawyer Dr Musa Kika has instructed his lawyers to take legal action including the institution of proceedings for Contempt of Court against Justice, Legal and Parliamentary Affairs Minister Ziyambi Ziyambi. Ziyambi launched...

RBZ releases US$100m to clear auction backlog

HARARE - Reserve Bank of Zimbabwe says it has cleared the allotments backlog on the foreign currency auction system after it released US$100mln into the market last Friday. The auction backlog was stretching for...

Zimbabwe’s platinum output rises 11% in Q1, prices set to remain high in F21

HARARE - Zimbabwe platinum production rose 11% in the first quarter to 120koz while it is estimated to grow 2% to 457koz in the full year (2021). According to the latest global platinum production report...
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AfSun Q1 revenue falls 64% as Covid-19 lockdown weighs

HARARE - African Sun's  revenue for the first quarter was down 64% to $279.52 mln weighed on by the impact of the Covid-19 second wave induced lockdown and travel restrictions in the first two...