Rain harvesting solution to drought
Jeffrey Gogo Climate Story The heavy rains sweeping across Zimbabwe have created and, in some cases expanded opportunities for rainwater harvesting. This is a concept still in its infancy here although...
View ArticleNigeria seizes ex-central bank boss’ passport
ABUJA. — Nigeria has seized the passport of ousted central bank governor Lamido Sanusi, an ally of the outspoken government critic said last Friday, a day after he was removed from office in a move...
View ArticleAim for the top
Vandudzayi Zirebwa Buy Zimbabwe Recently there was a compelling programme on one of the radio stations on entrepreneurship. An analyst who was one of the guests on the programme said Zimbabweans should...
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Phone carriers lose out US$33bn on WhatsApp
Portland. — Facebook Incoperated’s US$19 billion purchase of mobile-messaging start-up WhatsApp Inc. is a stark reminder of how much money phone carriers are losing out on as competitors let users text...
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ZMDC courts Chinese investors in Jena, Sabi mine project
Business Reporter ZIMBABWE Mining Development Corporation (ZMDC) is courting Chinese investors to partner in resuscitating its Jena and Sabi gold mines at a cost of US$30 million. Sabi and Jena Mines...
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Is diamond trading the answer?
Golden Sibanda Senior Business Reporter THE single biggest obstacle to accelerated economic recovery in Zimbabwe appears to be the limited access to affordable long term finance needed to revitalise...
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Zesa to install 500k pre-paid meters
Mr GwasiraGolden Sibanda Senior Business Reporter POWER utility ZESA Holdings is targeting to install 500 000 pre-paid meters by next month to complete the first phase of the project. ZESA spokesman Mr...
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NRZ revenue drops
National Railways of Zimbabwe’s revenue for eight months to August 2013 dropped 11 percent to US$54,74 millionHappiness Zengeni Business Editor— THE National Railways of Zimbabwe’s revenue in the eight...
View ArticleSmartphone giants scramble for profits
BARCELONA. – Smartphone giants released eye-catching new devices as the world’s biggest mobile fair opened Monday, fighting for new ways to profit in a tougher market. Besides a slew of sleek, new...
View ArticleMore revenue expected from 2nd Zim diamond auction
THE auction of Zimbabwe diamonds at the Antwerp World Diamond Centre in Belgium closed on Friday amid expectations that it generated more revenue than the first one in December last year. The tender...
View ArticleGovt to secure mining bonds
MINES and Mining Development Minister Walter Chidhakwa says the country’s international bond to raise finance for mining development will be leveraged on the strength of cash flows of companies where...
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‘Nigeria president surrounded by incompetent frauds’
Goodluck JonathanLAGOS. – Nigeria’s former central bank chief Lamido Sanusi on Sunday described the president who ousted him as a simple man trying to do well who has been undermined by incompetent and...
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WhatsApp deal shows stunning growth of messaging apps
NEW YORK. – The astonishingly high price paid for the messaging service WhatsApp underscores how mobile apps are transforming the way we communicate, shaking up the global telecom sector. Facebook’s...
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Croco Motors invests US$2m in panel beating plant
Mr MatsikaBusiness Reporter LEADING local motor vehicle dealer, Croco Motors said it is spending US$2 million to construct a state-of-the-art panel beating plant in Harare, chief executive Mr Farai...
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Zim loses billions to SA gold buyers
Fidelity Printers should open many gold buying centres closer to where gold is being mined as travel costs promoted the black marketZIMBABWE is losing billions of dollars worth of gold to South African...
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BAT in profit despite volume drop
BAT recorded a 17 percent drop in volumes to 1,301 billion sticks volumes during the year to December 31,2013Business Reporters BAT Zimbabwe volumes in the year to December 2013 fell 17 percent to...
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RFHL moves to stop bank liquidation
NSSA buildingMartin Kadzere Senior Business Reporter RENAISSANCE Financial Holdings has implored the Reserve Bank of Zimbabwe to stop the National Social Security Authority from liquidating Capital...
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Blue Ribbon needs US$40m rescue capital
Golden Sibanda Senior Business Reporter— Blue Ribbon Industries requires as much as US$40 million to bring the grain milling and processing company back to viability, judicial manager Mr Reggie...
View ArticleDo things differently
Ben Chiganze A Bassfisherman’s Approach Our first outing with him was one of the most revealing fishing outings that I have ever had. My friend Previous and l were very keen to show our new found...
View ArticleEMA: Trash burning polluting Zim
The air pollution is mostly emanating from backyard burning of trash as well as the burning of trash in skip bins in and around the central business district. Undoubtedly, the burning of trash has...
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