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Govt to improve investment climate
President MugabeBusiness Reporter GOVERNMENT will review and repeal laws that are negatively impacting on business as part of measures aimed at improving the investment climate, President Mugabe has...
View Article$577m tobacco sold so far: TIMB
A total of 195,7 million kilogrammes of tobacco worth $576,9 million has been sold to date since the selling season opened in March this year, statistics released by the Tobacco Industry and Marketing...
View Article$9m bond coins now in circulation
The Reserve Bank of Zimbabwe (RBZ) says bond coins valued at $9 million have since been collected for distribution by various banks to date, representing a 90 percent uptake for the special money.RBZ...
View ArticleWinning ways to your side
Shelter Cheza Change ManagementRelationships that surround you are a powerful trump card that you as a manager must hold dearly to.Of course your relationship with your boss significantly contributes...
View ArticleBusiness need for speed: Getting an unfair advantage
As a business grows the need for speed and data throughput generally increases exponentially, since additional staff generates more digital activity and thereby overall traffic within a business, as...
View ArticleInvesting in innovation: Lessons from Y Combinator
Kudzai Mubaiwa The Hub I am continuously inspired by how Y Combinator (YC), arguably the most successful seed fund/accelerator in Silicon Valley, California; started.Alittle over 10 years back, two...
View ArticleFord to expand dealer network
Tinashe Makichi in JOHANNESBURG, South Africa Global vehicle manufacturer, Ford Motor Company plans to expand its dealer network in the Southern African region to 100 locations by 2017.The vehicle...
View ArticleRadar employees transfer sparks outrage
Golden Sibanda Senior Business Reporter RADAR Metal Industries has transferred the majority of its permanent staff to a private firm which acquired some of its movable assets, sparking outrage among...
View ArticleTelecoms sector to craft infrastructure framework
By TechnoMag StaffThe Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) recently gathered various legal minds from the telecommunications sector to craft the infrastructure...
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BMW, Google in re-branding saga
BMW won’t give Google the website for its new nameLONDON. – BMW won’t give Google the website for its new name, Alphabet, and might look into suing the company for stealing its brand.Google launched...
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Powertel leaves users in the dark, again
Business Reporters DELAYS in resolving capacity issues at the country’s sole aggregator of pre-paid electricity tokens, Powertel, denied consumers access to power over the two days after its system...
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RBZ increases greenfield projects debt threshold
Dr MangudyaBusiness Reporter FOREIGN investors intending to undertake capital intensive greenfield projects are now allowed to fully finance their projects using debt, the Reserve Bank of Zimbabwe...
View Article‘Banks overpricing individual loans’
Business Reporter BANKS are charging punitive interest rates on individual borrowers on assumption that they take the loans for consumption when some require funding to support small enterprises,...
View ArticleStarafrica remains under pressure
Business Reporter starafrica Corporation remains significantly under pressure due to financial challenges although it is making modest headway on addressing efficiencies.Revenue for the year to March...
View ArticleRole of banks in advancing credit
Sanderson Abel Banks aim to facilitate the effective use of funds ranging from individuals, farmers or the diverse small to medium enterprises players.The financial system is expected to act as an...
View ArticleJob market to self-correct on economy recovery
The ongoing dismissals of workers on three months notices which have seen more than 20 000 people being sacked within four weeks are a necessary evil that will correct itself if allowed to play out, an...
View ArticleOld Mutual embraces informal sector
Old Mutual Zimbabwe plans to spread its integrated financial products dubbed the Green Zone across the country this year as it moves to bring its services closer to the informal sector, an official has...
View ArticleDairibord to continue reducing costs
Munesu Nyakudya Business Reporter DAIRIBORD Holdings says it will continue to reduce costs to grow profits in light of falling margins, as it returned to profitability in the interim to June 2015.The...
View ArticleChina’s central bank defends handling of yuan plunge
BEIJING. – Chinese central bank officials yesterday offered a rare public defence after this week’s unexpected devaluation, saying the yuan will stabilize and eventually resume its climb.At a news...
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Seed Co winter sales rise
Mr NzwereConrad Mwanawashe Business Reporter SEED Co’s overall winter cereal sales for the first four months to July were 11 percent higher than the same period last year buoyed by a rebound in...
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