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HARARE (Zimbabwe Investor) - Zimbabwe’s banking system is facing increasing risks in a number of areas according to the International Monetary Fund (IMF) report released in July following their meeting with Zimbabwean authorities in March 2010.
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HARARE (Zimbabwe Investor) - Zimbabwe’s largest supermarket chain, OK Zimbabwe, generated US$187.5 million in revenue but profitability was weighed down by refrigerator failure emanating from frequent power cuts, Chairman David Lake has said in a statement to shareholders for the announcement of the company’s financial results for the year ending March 31, 2010.
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ZIMBABWE'S gold production this year is set to double despite a lack of capital, frequent power cuts and uncertainty over an ownership law that are stalling the sector's recovery, an industry official said on Wednesday.
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