Cotton production to increase
Martin Kadzere Senior Business Reporter ZIMBABWE’S cotton production is estimated to increase by 31 percent this year due to the good rains received in most parts of the country, the growers’...
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Govt forms new exploration company
The newly formed Government exploration company, The Mining Promotion Corporation, has been mandated to find new mineral deposits which the Government can use as security for fresh lines of credit, a...
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Hwange denies retrenchment claims
Chief Court Reporter Hwange Colliery Company Limited has denied that it retrenched its workforce that took the company for arbitration seeking to recover severance packages amounting to more than $1,2...
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Mwana Africa valuation upgraded
Better production at Bindura Nickel Corporation and Freda Rebecca in the fourth quarter has resulted in the upgrading of Mwana’s valuation by Edison Independent Investment ResearchGolden Sibanda Senior...
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Value of approved investment projects up
Martin Kadzere Senior Business Reporter THE value of approved investment proposals into Zimbabwe in the four months to April this year rose 250 percent, according to latest statistics from the Zimbabwe...
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Govt records surplus in Q1
Happiness Zengeni Business Editor— Government overturned a February deficit to post an operating surplus in March following the floating of Treasury Bills in the two months. Latest figures from the...
View ArticleChamber of Mines proposes think tank
Business Reporter The Chamber of Mines of Zimbabwe has proposed the establishment a think tank to advise Government on policy with a view to spur growth and investment in mining. The think tank would...
View ArticlePlanning key to accessing bank credit
Sanderson Abel Bank credit is important for the efficient performance of any business enterprise which requires additional funds for capitalisation, working capital, and rehabilitation, as well as for...
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ZPI to invest $5m in property development
Tinashe Makichi Business Reporter Listed property developer, Zimbabwe Property Investments Limited is waiting for regulatory approval from the Ministry of Local Government, Public Works and National...
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‘EcoCash to drive Econet’s revenue’
Golden Sibanda Senior Business Reporter Financial analysts have predicted that Econet Wireless Zimbabwe’s mobile money transfer service EcoCash will contribute a weighty 7 percent to revenue .IH...
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26m shares change hands on ZSE
Statistics from ZSE show that volumes traded last week totalled 25,82 million at an average of 5,16 million shares per dayBusiness Reporter Delta Corporation accounted for a staggering 43 percent of...
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Time to consider joining Rand Union?
Zimbabwe should join the South Africa Rand Multilateral Trade Area if it is to retain its competitiveness and gain access to international capital markets, according to economists.The union is made up...
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Price disparity pushing tobacco farmers to contract
Almost three quarters of the tobacco crop is now contracted with the three auction floors having to share the remaining 30 percentBusiness Reporter— Tobacco auction floors say price differences and the...
View ArticleEveryone can be a superhero
Zachary Aldwin Milkshake in the Boardroom Superman, Spiderman, Green Lantern, The Hulk; were some of the comic book superheroes that were prominent during my childhood. Comics were scarce during those...
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How to avoid implementation failure
Shelter Cheza Change Management My partner has been researching and dreaming about establishing an information centre that provides adequate information to diners in restaurants, especially menus.His...
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Huawei launches Ascend P7
The Ascend P7, a successor to the Ascend P6 which at 6,2mm was billed as the world’s best smartphone ever madeTechnoMag Huawei on Wednesday officially unveiled their flagship high end device, The...
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Hwange rejects van Hoog’s offer
Hwange Colliery Company is focusing on restructuring to turnaround its fortunes after rejecting an offer for a $50 million loan from major shareholder Mr Nicholas van HoogstratenMartin Kadzere Senior...
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SA firm wins bid to buy Homelink
The Reserve Bank of Zimbabwe is expected to sell its entire shareholding in Homelink to Addax Trading of South AfricaMartin Kadzere Senior Business Reporter ADDAX Trading, a South African-based company...
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Foreign investors to get tax incentives
Dr Samuel UndengeTinashe Makichi in MUTARE Government has agreed to offer tax incentives to foreign investors willing to invest in companies that currently require huge capital injection.In an...
View ArticleInnovation is the best option for Zim
Martin Kadzere and Peter Matambanadzo INNOVATION for economic transformation in Zimbabwe has always come about during times of hardships, true to the old adage “necessity is the mother of...
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