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Econet offers banks poisoned deal
Johannesburg Stock Exchange-listed group to offload Liquid Telecom 8,6pc stake to EconetHappiness Zengeni Business Editor Econet Wireless Zimbabwe is under pressure to revise its position regards to...
View ArticleCZI to discuss Zim-Asset
Business Reporter THE Confederation of Zimbabwe Industries will early next month convene an indaba in Harare to engage policy makers and discuss ways to facilitate implementation of Government’s new...
View ArticleWhat are invasive alien species?
Invasive alien species are plants, animals, pathogens (agents that cause disease) and other organisms that are non-native to an ecosystem, which may cause economic or environmental harm or adversely...
View ArticleGermany investor sentiment stalls
FRANKFURT. — Investment sentiment in Germany stalled unexpectedly in January after rising to a seven-year high the previous month, but recovery of Europe’s top economy remains intact, a survey found on...
View ArticleDeflation hits Greece
ATHENS. — It may not be a free haircut, but prices in Greece are finally getting trimmed after salaries were hacked back. At Ioannis Maikantis’ central Athens barber shop, a trim costs just 4,5 euros...
View ArticleFirms use Mauritius as gateway to foreign capital
Business Reporter MAURITIUS has become increasingly popular among Zimbabwean and foreign firms as the gateway to international finance and the spring board for expansion into other markets across the...
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SA minister urges short strikes
Mildred OliphantJOHANNESBURG. —South Africa’s labour minister urged union leaders to avoid prolonged industrial action, ahead of a major mining strike beginning tomorrow, as she lamented a year marked...
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Global unemployment up by 5 million
GENEVA. — Global unemployment climbed by five million people in 2013 to 202 million despite green shoots in the world economy, signalling a jobless recovery, the International Labour Organisation said...
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Policy considerations in financing SMEs
Financing of small and medium-size enterprises (SMEs) is a subject of great interestSanderson Abel The financing of small and medium-size enterprises (SMEs) has been a subject of great interest to both...
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200m kg of tobacco expected
This years tobacco deliveries are likely to increase judging by the number of farmers who registered to grow the crop.Business Reporter Tobacco farmers are expected to deliver at least 200 million kg...
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Green Fuel to invest US$1bn
Green Fuel plans to increase production through the establishment of additional plants as well as increasing farming land to about 50 000haHappiness Zengeni and Martin Kadzere in Chisumbanje GREEN...
View ArticleYahoo users to go mobile: CEO
DAVOS (Switzerland). — Struggling Internet giant Yahoo! will see more users accessing its services by mobile in 2014 than classic desktops, chief executive Marissa Mayer said yesterday at the Davos...
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Zim to seek debt relief
Minister ChinamasaGolden Sibanda Senior Business Reporter ZIMBABWE will this year actively lobby creditors to have its USS$6,1 billion debt written off after completing an audit and validation of the...
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TelOne promotion a success
Tonderai Rutsito TelOne last week gave away a brand new Chevrolet, two return air tickets to South Africa including accommodation (bed and breakfast) among other prizes in the Talk, Surf and Win...
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Take different approach to religious tourism
Prophet MakandiwaPrime Kufakunesu Business Focus Tourism is surely big business if tapped into and marketed well. And a fast emerging form of tourism in the country is religious tourism. Religious...
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SA platinum miners warn strikers
JOHANNESBURG. — Leading South African platinum producers hit out at “unaffordable and unrealistic” wage demands from workers planing to go on strike from tomorrow, warning previous industrial action...
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Zesa gets US$35m for pre-paid meters
Golden Sibanda Senior Business Reporter POWER utility Zesa Holdings has secured an additional US$35 million from regional bank, African Export and Import Bank, to complete the installation of prepaid...
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Dendairy F13 sales volumes up
DENDAIRY sales volumes for 2013 jumped 30 percent to 1,6 million litres per month from 1,2 million litres per month the previous year. This was mainly driven by the firm’s investment into a US$6...
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Unemployment is a global issue
Nearly 40 world leaders and senior company executives are in the Swiss ski resort Davos to discuss and debate a wide range of issues including how to reinvigorate the global economy. – AFPMike Rees...
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ZMDC in bid resuscitate mine
Blessing Bonga, Business Reporter THE Zimbabwe Mining Development Corporation is looking at raising US$20 million through a joint venture partnership with a yet to be identified investor in order to...
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