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SA community radio stations face closure

April 20 2018 – THE National Community Radio Forum wants the Communications Minister to intervene in a stalemate between community radio stations and signal distributor, Sentech. Community radio stations nationwide face a shutdown for owing Sentech R33 million. In the Free-State Karabo and Mozolo FM are already off air. “The people that are working here have been affected because as ... Read More »

Masiywa makes it on Forbes 2018 list

March 25 2018 – SOUTH outh African mining mogul, Patrice Motsepe, American president Donald Trump and Zimbabwean telecommunications entrepreneur, Strive Masiyiwa, have all made it onto ‘The World’s Billionaires’ 2018 list published by Forbes. This elite group of 2,208 billionaires from 72 countries and territories are worth $9.1 trillion, up 18% since last year. While Motsepe and Trump have been ... Read More »

MTN prepaid customers to pay more

March 27 2018 – MTN prepaid customers are now paying up to an extra 41 cents per minute, as the mobile network’s new prepaid price structure kicks last Friday. MTN’s Pay Per Second customers can now expect to pay R0.99 per minute, both on the MTN network and to other networks, up from R0.79 per minute. MTN Talk Free customers ... Read More »

Shoprite, Pick n Pay scramble to pull products linked to deadly listeriosis

Shoprite hikes six months turnover to R71bln

March 05 2018- SUPERMARKET giants Shoprite and Pick n Pay on Sunday indicated they are withdrawing all products linked to the source of the world’s largest outbreak of listeria, which claimed 180 lives. This followed a safety recall by the National Consumer Commission after Tiger Brands subsidiary, an Enterprise Foods factory in Polokwane, was identified as the source of the ... Read More »

Britain and EU divided over funding Zimbabwe

12 February 2018 – BRITAIN and the European Union are reportedly divided over “the funding and support” to be given to Zimbabwe’s new administration led by Emmerson Mnangagwa. According to the privately owned Zimbabwe Independent newspaper, the British government was on an “aggressive drive” to bail out its former colony as “quickly as possible” but the EU had adopted a ... Read More »

Zims in SA pledge to invest back home

January 13 2018 – AFTER Zimbabwean President Emmerson Mnangagwa addressed a highly subscribed business indaba in Pretoria, South Africa recently , to lure Zimbabwean businesspeople there , a firm with a net worth of R100 million (US$8,1 million), is already working towards investing back home. ALW Investments, a multi-disciplinary small to medium enterprise, has interests in construction, engineering and facilities ... Read More »

New social chat group app for Zims launched

January 10 2018 – ZIMBABWEAN technology experts have introduced Wangu, a social chat application that connects Zimbabweans worldwide and makes linking with friends and discovering local content and information easier, more fun and culturally relevant. Wangu allows users to find and connect with Zimbabweans nearby, whether in Harare, Johannesburg or Tokyo. Wangu was created and co-founded by Farai Mundangepfupfu – ... Read More »

Bids to buy loss making Zim parastatals opened

January 04 2018 – ZIMBABWE has invited bids for stakes in up to eight loss-making state-owned enterprises, including its national airline and power utility, to help plug a ballooning budget deficit, its deputy finance minister said on Wednesday. President Emmerson Mnangagwa, who took over from Robert Mugabe two months ago, is under pressure to deliver on his promises to ease ... Read More »

Zim SA Forum to invest US$800m in Zimbabwe

December 28 2017 – DIASPORANS, through the Zimbabwe-South Africa (Zim-SA) Forum, plan to invest about $800 million in the country, targeting agriculture, aviation and mining sectors following last week’s visit to South Africa by President Emmerson Mnangagwa, who met the business community in that country during an oversubscribed luncheon that was organised by the Zimbabwean Embassy. Air Zimbabwe is likely ... Read More »

Vast mines’s revenues in Zimbabwe and Romania go up

December 27 2017 – MINING group Vast Resources says its revenue rose five percent to $US 14.9 million in the half year to September 2017 from its two operational mines in Romania and Zimbabwe. The company also reported a 45 percent decrease in overhead expenses to $2.5 million and a loss before taxation of $US12.6 million compared with a profit ... Read More » • Free Website Templates - Downlaod Full Themes
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