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Mobile, internet transactions rise
Telecel Zimbabwe subscribers on its Telecash platform have reached 600 000 since its launch in JanuaryBusiness Reporter THE value of mobile and internet-based transactions rose by 44,61 percent in June...
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Govt, Russians in $1,6bn mining deal
Minister ChidhakwaConrad Mwanawashe Business Reporter— Government and its Russian partners, will inject more than $1,6 billion towards platinum mining through a joint venture, a senior minister has...
View ArticleCabinet approves SAZ Bill
Business Reporter Cabinet has approved principles of the Bill seeking to give the Standards Association of Zimbabwe powers to subject products to compulsory testing for compliance with minimum quality...
View ArticleBenefits of informal savings groups
Sanderson Abel Saving money can be hard for anyone, but it’s especially difficult for the poorest and most vulnerable in the various communities. The majority of these are characterised by insufficient...
View ArticleSad state of affairs at Ziscosteel
Tinashe Makichi and Conrad Mwanawashe The situation at Ziscosteel is deplorable with no activity on the ground while the company is selling sundry products to remain afloat. The plant itself is...
View ArticleSwitching from credit to cash model
In 2008, the world faced what was termed by many economists as the worst financial crisis since the Great Depression of 1930s. The crisis was as a result of many factors, among them the burst of the...
View ArticleTrash burning and environment
The Agency has been overwhelmed by complaints from various quarters on air pollution mostly emanating from burning trash in the backyard or in skip bins in and around the central business district....
View ArticleZinara revenue up 75 percent
Nelson Gahadza Business Correspondent The Zimbabwe National Road Administration Authority (Zinara) says revenue from toll fees has increased 75 percent since October last year on levels disbursed to...
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Biotech Authority pushes for Bt cotton variety
The National Biotechnology Authority yesterday told Parliament to push for a genetically modified variety of cotton crop to improve declining output. Commonly known as Bt cotton (Bacillus...
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Benefits of riding on the BRICS
The leaders of Russia (left), India, Brazil, China and South Africa which forms the BRICs show a united front after announcing the Fortaleza Declaration following their meeting in Brazil last month....
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Cairns eyes 35pc growth
Business Reporter CAIRNS Foods is targeting a 35 percent growth in the market share of its chocolate business buoyed by improved capacity utilisation. The company’s acting chief executive officer Mr...
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Zim, China mull tobacco processing plant
Business Reporters— Zimbabwe and China are planning to establish a multi-million dollar tobacco processing plant that will see the country exporting more processed tobacco products in line with the...
View ArticleCustoms and Excise controls
ZIMRA not only collects Customs Duty, but is responsible for enforcing various controls on both imports and exports on behalf of various responsible Government ministries. Often people have had their...
View ArticleThe importance of contingency planning
Zachary Aldwin Milkshake in the Boardroom It was pointed out recently by a high level martial arts instructor that if, when fighting someone, your opponent never threw a punch then, in that ideal...
View ArticleZIA setting e-platform
Business Reporter The Zimbabwe Investment Authority is working on an online investor registration and approval system to further streamline and expedite the process of approving projects. Chief...
View ArticleIDBZ eyes $10m line of credit
Martin Kadzere Senior Business Reporter THE Infrastructure Development Bank of Zimbabwe is on the verge of obtaining a $10 million line of credit from the Industrial Development Corporation of South...
View ArticleDeutsche Telekom shuns US offers
Berlin. – Deutsche Telekom AG (DTE)’s refusal to agree on bids for T-Mobile US Inc. (TMUS) means it risks going alone to take on AT&T Inc. and Verizon Communications Inc., a strategy likely to...
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Delta to invest $590 000 in sorghum production
Freeman Makopa Business Correspondent Beverage manufacturer, Delta Corporation says it will invest at least $590 000 for the production of 2 000 tonnes of sorghum during the 2014/ 15 cropping season....
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ZETDC seeks tariff increase
Eng MagomboGolden Sibanda Senior Business Reporter The Zimbabwe Electricity Transmission and Distribution Company may be forced to cut its maintenance budget to rein in costs if regulators turn down...
View ArticleCooking oil imports increase
Tinashe Makichi Business Reporter Zimbabwe is importing cooking oil worth $220 million annually as the local manufacturers continue to use archaic and obsolete plant equipment making them uncompetitive...
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