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Zimbabwe mines output threatened by foreign payment delays

Zimbabwe mines output threatened by foreign payment delays

Zimbabwe’s mining output is under threat because banks are delaying processing foreign payments by up to three months due to a shortage of dollars, the southern African country’s mining chamber warned on Monday. Mining generates more than half of Zimbabwe’s foreign exchange and should be given priority by the central…

Diaspora investment vehicle launched, targets Zimbabwe opportunities

Diaspora investment vehicle launched, targets Zimbabwe opportunities

A group of Zimbabweans based in the United Kingdom met on Saturday 11 February 2017 in the country’s second city Birmingham to launch the Zimbabwe Diaspora Investment Group (ZiDIG) in the process successfully raising £100,000 as a seed for an investment fund. The company, which will be embarking on a series…

UK based private Zimbabwe Diaspora investment fund launch set for Saturday

UK based private Zimbabwe Diaspora investment fund launch set for Saturday

The Zimbabwe in Diaspora Investment Group (ZiDIG), a private investment outfit is being launched in UK’s second city Birmingham this Saturday, 11 February, 2017. The organisation will be going to market 2017 to raise money for an investment fund from Zimbabweans based abroad and institutional investors. ZiDIG, incorporated and headquartered…

Social media data tariff surge backlash forces Government, Regulator action

Social media data tariff surge backlash forces Government, Regulator action

Zimbabweans, who took to social media to voice their displeasure at an overnight spike in the cost of mobile internet access data caused by what mobile network operators (MNOs) called a regulatory directive imposing a floor price, have forced the government and the regulator to withdraw the directive. Within 48 hours…

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