ZTN Reporter Zimbabwe’s power utility has announced that a fault at one of the country’s major power plants will see load shedding being effected between 4pm and 7 pm. In a statement released on Thursday, Zesa Holdings disclosed that a technical fault is choking operations at Hwange Power Station. “The technical fault will result in […]
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ZTN Correspondent THE Zimbabwe Energy Regulatory Authority (Zera) has hiked the price of petrol and diesel with effect from today. In a circular, the energy regulator said petrol will retail at ZWL$99.35 from ZWL$97.44 while the pump price for diesel will be ZWL$100.91 from ZWL$97.24. The USD prices for petrol and diesel changed from $1.19 […]
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Kimberleigh Jiro. For most young girls from disadvantaged communities in Zimbabwe droppingout of school at an early age puts an end to any prospects of a better life. A good number of them turn to early marriage as a gateway out of poverty and some even opt for sex work. According to the Research Advocacy Unit, in Zimbabwe, 31% of girls are married before […]
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Takudzwa Chihambakwe Gaika gold mine has revealed that it will be injecting US$2,1 million for exploration purposes. The investment comes after a similar exercise worth US$5,4 million revealed that there are gold deposits worth an estimated US$3,4 billion. A technical report on the findings, audited by Canadian geological and consultancy firm, Watts Griffis and McOuat […]
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Sibonginkosi Mlalazi In this digital age it has become increasingly simpler to earn an income on social media. In as much as it takes hard work, if done strategically, Instagram can be a great source of income and a good way of boosting your personal brand. The first thing to do is to convert your […]
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ZTN Correspondent Flamboyant Zimbabwean businessman Genius Kadungure is reported to have died in a car accident in Borrowdale, Harare early Sunday morning. The cause of the accident is still unclear. Zimbabwe Republic Police spokesperson Assistant Commissioner Paul Nyathi was not available for comment. But one of the businessman’s close associates told ZTN: “Yes it’s true; […]
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Munashe Mukahlera Zimbabwe’s electricity remains comparatively cheap in the SADC region, despite successive hikes in the past two months. The latest hike of 50 percent took effect on Sunday. Electricity in Zimbabwe now costs an average of eight us cents per unit, compared to South Africa where a unit costs 13 cents, the same price […]
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Sibonginkosi Mlalazi OverviewAfrica is still a rather small player in terms of global standards in internet retailing; however better access to technology i.e. infrastructure and innovative solutions have resulted in a boost in internet retail sales. As South Africa is the most developed country in Sub-Saharan Africa, it naturally leads the pack in terms of […]
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Mazvita Samuriwo The Securities and Exchange Commission has expressed concern over African Sun Limited’s intention to purchase the entire share capital of Dawn Properties Limited and has begun investigations into the issue. If the agreement is entered into, the shares will be sold at a price that is significantly lower than the prevailing market rate […]
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Blessing Munatsi With Zimbabwe’s 2021 budget launch imminent, government has maintained a positive outlook, with the country’s GDP expected to grow by 7,4 percent next year. Presenting the 2021 budget strategy on Friday morning, Finance and Economic Development minister, Professor Mthuli Ncube said productivity and import substitution, as well as recovery from the impact of […]
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