An accountant by training, he was senior vice president of finance and administration at the ad agency then known as Needham Harper Worldwide, which formed the basis of Omnicom in 1986.

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Finance Minister Tendai Biti's revelation, reported by various media outlets, raised collective eyebrows worldwide.

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And cash flow on the industrial side, stripped of the borrowed money passed through as a "dividend" from the finance side in years past, was down a reasonable 13% in 2009, given the worldwide financial meltdown.

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