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ZESA Owes South Africa's Eskom Over R400m

Cape Town – The Zimbabwe Electricity Supply Authority (Zesa) was owing Eskom R443m for power supply as at December 2, said Public Enterprises Minister Lynne Brown ... Full story

Zimcast Assets Back Under The Hammer

By Sydney Gokomere  Gweru, November 26, 2016 - GWERU based iron products producing company, Zimcast's assets, which were advertised for public auction in May this year, ... Full story

Eskom Threatens To Shut Down Zim Power Supply

Eskom has threatened Zimbabwe that it will shut down its power supply if it does not pay its bill. Zimbabwe Electricity Supply Authority (Zesa) owes the ... Full story

Afreximbank Confirms Export Incentives Facility

THE African Export Import Bank (Afreximbank) has revealed that it had released a US$200 million facility to finance imports and an export incentive programme put ... Full story

International Airlines Urged To Accept Bond Notes

The Reserve Bank of Zimbabwe (RBZ) has assured international airlines operating sales offices in Zimbabwe that acceptance of bond notes as payment method will not ... Full story

Zim Business Lobby Urges Switch To Rand As Primary Currency

Harare - The Confederation of Zimbabwe Industries, which represents most large industries in the country, said the government should adopt the rand as its “reference ... Full story

Energy Needs Likely To Dominate SA-Zim Talks

PRESIDENT Robert Mugabe is to host his South African counterpart, President Jacob Zuma, at the inaugural Bi-National Commission later this week. Thursday's meeting is preceded ... Full story

Bond Note Fears: Zimbabwean Shops 'Refuse To Accept Plastic Money'

Harare - It was bound to happen but it's still a bad omen. Some shops in Zimbabwe are already refusing to accept plastic money ahead of ... Full story

CZI Condemns Political Interference Into Zimdef Graft Probe

By Kenneth Matimaire Mutare, October, 2016 - THE Confederation of Zimbabwe Industries (CZI) says it is concerned about the corruption allegations surrounding funds belonging to the Zimbabwe ... Full story

Zimbabwe Clears IMF Arrears

HARARE – Zimbabwe has cleared its financial arrears with the International Monetary Fund (IMF) after settling its 15-year-old US$107.9 million (R1,512-million) debt, the Bretton Woods ... Full story

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