Policy consistency critical for savings growth
Sanderson Abel National savings consist of private and public savings. Private savings include saving accumulated by households and businesses. Public savings are those of the Government, which are...
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Farmers, veld fire preparedness
In a weeks’ time, the Environmental Management Agency will launch the National Fire Week in the Midlands Province. The event is held each year to raise awareness on the need to protect the environment...
View Article‘Displacing imports a huge challenge’
Displacing imports that have flooded the country on the back of a struggling manufacturing sector will be a huge challenge for local companies in the future, a top government official said on Tuesday....
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CZI spearheads Zim-Asset familiarisation drive
Business Reporter The Confederation of Zimbabwe Industries will maintain the drive for private sector familiarisation with Zimbabwe Agenda for Sustainable Socio-Economic Transformation with the third...
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$13,5m paid to diamond firms
Business Reporters ABOUT $13,5 million has been paid to local diamond companies whose gems were auctioned at the Dubai Stock Exchange in March this year, a senior official has said. Only three out of...
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Willdale targets return to profitability
Business Reporters Brick maker Willdale is targeting an immediate return to profitability after successful fund raising and restructuring exercises during a difficult period plagued by a choking cash...
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Implats set to cut platinum supplies
JOHANNESBURG. — World number two platinum producer Impala Platinum, the majority shareholder in Zimbabwe’s platinum miner Zimplats, said yesterday that if a 15-week strike continued at its South...
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EcoCash, data to drive Econet
Econet Wireless Zimbabwe will be focusing on investment, innovation and value creation going forward as a way of sustainably growing its business. Group chief executive Mr Douglas Mboweni told an...
View ArticleApple pursues health-tech plans
Apple Inc is building a team of senior medical technology executives, raising hackles in the biotechnology community and offering a hint of what the iPhone maker may be planning for its widely expected...
View ArticleMalaba to prioritise confidence in banks
Senior business reporter Golden Sibanda (GS) had an interview with new Bankers Association of Zimbabwe president Mr Sam Malaba (SM) on issues regarding the banking sector including investment, interest...
View ArticleAcknowledge the pain
Milkshake in the Boardroom Let Pain be Precious. Get let down-it might help you. Schedule the pain. Stare at it, learn from it and make sure you do not ignore it. There is a tendency for high driven...
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Taxation of director’s fees
This week’s edition is aimed at clarifying the tax-ability of fees payable to directors. Director’s fees are subject to Pay As You Earn (PAYE). The definition of remuneration contained in the 13th...
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Sing, eat, drink customer retention
Shelter Chieza Change Management I was pleasantly surprised – who can still do that in this environment. I actually do not remember the day I filled in information of my preferences, I only remember...
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Gas traders must adhere to standards or face closure: ZERA
Business Reporter The Zimbabwe Energy Regulatory Authority says all Liquefied Petroleum Gas retailers and distributors must adhere to minimum standards as set by the Standard Association of Zimbabwe...
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Govt to plug leakages in tourism sector
Government wants accurate accounting of proceeds from huntingConrad Mwanawashe Business Reporter GOVERNMENT intends to plug leakages of export earnings in the tourism hunting sub-sector by introducing...
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Zimdollar return not realistic: BAZ
Golden Sibanda Senior Business Reporter The reintroduction of the Zimbabwe dollar is not a realistic option available to this country in the short to medium term given the compelling need to increase...
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Infrastructure projects to get prescribed asset status
Finance and Economic Development Minister Patrick Chinamasa breaks the ground at Fidelity Life’s Southview Park residential project yesterday. On his left is Local Government Minister Dr Ignatius...
View ArticleChemco delists from ZSE
Agriculture chemicals manufacturer Chemco Holdings delisted from the Zimbabwe Stock Exchange with effect from yesterday as it prepares to restructure. Trade in Chemco shares was suspended in 2012 as...
View ArticleFidelity gets major boost
Tinashe Makichi, Business Reporter Fidelity Life Assurance of Zimbabwe has received a major boost for its phase two Manresa housing development following the finalisation of the administration wrangle...
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Illegal deals bleeding continent
Thabo MbekiABUJA. — The volume of illicit outflows of financial resources has been estimated to reach $50 billion annually, said a report released during the World Economic Forum (WEF) on Africa. It...
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