en-zw-hotdailynews: 2015-01-13 Zimbabwe Business

US$1.5bln China Hwange deal delayed
New Zimbabwe.com
THE Zimbabwe Power Company says talks with China Eximbank to fund the $1,5 billion expansion works for Hwange Thermal Power Station are likely to drag into the last quarter of the year although the regulator awarded the licence for the works to begin ...

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Nehanda Radio

Flamboyant Harare dealer jailed in the US
Nehanda Radio
UNITED STATES – Flamboyant Harare dealer and socialite Tonderai Sakupwanya, better known as Pound in the upmarket circles was on Wednesday sentenced to more than seven years in prison and ordered to pay $2.6 million in restitution by a United ...

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TelOne recovers $100m debts, eyes 4% revenue growth
NewsDay
HARARE — State-owned fixed line operator TelOne sees 4% growth in revenue in 2015 after it recovered $100 million from debtors that would improve its working capital position, managing director Chipo Mtasa has said. Last year, TelOne engaged debt ...

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New Zimbabwe.com

Tables turned – Zimbabwe Vigil Diary
EIN News Zimbabwe
People running away in fear: it must have seemed like old times for Zanu PF Minister Christopher Mutsvangwa. Christopher Mutsvangwa Except this time it was the former CIO agent and director of the ZBC who was doing the running when he arrived with ...

Brazil Soy Market Slow as Harvest Gets Under Way   Brazil Business Today (subscription)
Husband of leading BBC producer hanged himself after his depression forced ...   Einnews Portugal
Nintendo Pulls Out From Brazil Market   Ubergizmo (blog)

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Business Recorder

Egypt central bank sells $971,3m in TBs
The Herald
CAIRO. – Egypt's central bank said it sold $971,3 million in one-year treasury bills at an average yield of 2,125 percent at its auction yesterday. The minimum yield was 2,1 percent and the maximum was 2,138 percent and the bills will be issued today.
Egypt central bank sells $971.3 mln in one-year T-bills   Reuters Africa

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Minesite (registration)

Mwana Africa's Major Chinese Investor Is Trying To Take The Company Over On ...
Minesite (registration)
Contrary to popular belief, not all Chinese investors have an endless supply of US dollars. Sure, the great parastatals do, and their investments are dictated largely by policy and the necessity of securing supply. But further down the food chain, things are a ...

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Irish Independent

Oil hits new six-year low of $48 a barrel
Irish Independent
Andrew Critchlow. Published 13/01/2015 | 02:30. 0 Comments; Share. Facebook · Twitter · Google · Email. Oil prices have fallen to around $48 per barrel. Oil prices hit a new six-year low yesterday as Goldman Sachs, the bank that once predicted that the cost ...

Wall St falls; energy shares dragged down further by oil   Moneycontrol.com
Energy shares dragged down again   The Union Leader
Oil hits $47 a barrel and looks set to fall further   Irish Times
San Antonio Express-News
Montreal Gazette
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NDTV

Gold Rises to Highest Level Since October as US Rates Assessed
Businessweek
Gold extended gains to the highest level in almost 12 weeks as investors assessed the strength of the U.S. economy amid slumping oil prices, and the impact on the timing of higher borrowing costs. Bullion for immediate delivery rose as much as 0.4 percent ...

Gold Holds Near One-Month High On Falling Oil, Equities   NDTV

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