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Zim to save US$100m from E20

MUTARE — Zimbabwe will further reduce its import bill and save close to US$100 million annually once mandatory E20 blending has been adopted. Energy Minister, Dzikamai Mavhaire told the Financial Gazette recently that government was working towards enforcing 20 percent blending of the country’s imported petrol by April…

‘We don’t have to wait for 2018’

SINCE his failed bid for the National Assembly in the harmonised elections, Simba Makoni (SM) (pictured), leader of Mavambo/Kusile/Dawn (MKD) political party, has not been in the limelight much. The Financial Gazette’s News Editor, Maggie Mzumara (MM) sought him out and had a one-on-one with him.  Below is…

New farmers in dire straits

THE contract is stark.Expansive lash fields of tea, avocado and macademia shrubbery roll across hills hither and yonder. Intertwined with this sensational greenery, are patched fields of the same type of shrubs punctuated by struggling maize fields, raising eyebrows of any passerby. (more…)

ZACC investigating Masimirembwa

Theoppy NcubeBULAWAYO —— The Zimbabwe Anti-Corruption Commission (ZACC) is investigating former Zimbabwe Mining Development Corporation (ZMDC) chairperson Goodwills Masimirembwa’s US$6 million bribery case as part of its mandate of fighting corruption. (more…)

Explosive Politburo on cards

 PRESIDENT Robert Mugabe faces possibly the sternest test ever since the manifestation of factions in ZANU-PF as it is becoming clear that his party could implode unless he decisively deals with the root cause of the problem – his succession. (more…)

Investment prospects bright: ZIA boss

THE Zimbabwe Investment Authority (ZIA) this month launches the Zimbabwe Investor Awards, which will recognise and honour companies that have contributed to the development of the economy. In this interview with The Financial Gazette (FG), ZIA CEO, Richard Mbaiwa (RM) says prospects for Zimbabwe are bright, but a…