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2013: The curious case of miracle money
Dr Gono (centre) with Pastor Makandiwa (right) and Pastor AngelBusiness Editor FOR a long time now, economic scholars have tried to explain the role of religion in the economy. In Zimbabwe’s case...
View ArticleFidelity reshuffles senior management
Martin Kadzere Senior Business Reporter FIDELITY Life Assurance has restructured its senior management in line with the company’s growth strategy focusing on new local and foreign business initiatives....
View ArticleTyre care and maintenance
Having made the right tyre and rim selection and having fitted your tyre . . .The tyre must then be inflated to the correct inflation pressure suited to the tyre, vehicle and operating conditions,...
View Article‘Take advantage of duty free import’
PLAYERS in the tourism sector should take advantage of the extension of duty free importation of capital goods to stimulate growth in the industry, an official said this week. Government last year...
View ArticleLSE to complete demutualisation
Lusaka — Zambia’s Lusaka Stock Exchange, based in the capital of Africa’s biggest copper producer, plans to complete the sale of shares to investors this year while starting a market for smaller...
View ArticleFiat garners record rise in five years
Milan — Fiat rose the most in almost five years in Milan trading after Mr Sergio Marchionne, chief executive of Chrysler and its Italian parent, struck an accord to buy a 41,5 percent stake from a...
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Ford Fiesta 1,4: The perfect ‘girly’ car
The Ford Fiesta 1,4 petrol is the perfect girly car or a first car for a young executive who understands fashion since its the perfect fashion accessoryFact Jeke Motoring This week has been filled with...
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Gold rebounds from worst year
London. — Gold rose to a two-week high in London, rebounding from the worst year in three decades, as a drop to a six-month low was seen spurring physical purchases and prompting some investors to...
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Rand depreciates to lowest level
Johannesburg — South Africa’s rand depreciated to the lowest intra-day level since March 2009 against the dollar after measures of Chinese manufacturing fell, pushing emerging-market currencies weaker....
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Meikles to save US$1 million
Tinashe Makichi Business Reporter. Meikles Stores, a unit of Zimbabwe Stock Exchange listed Meikles Limited, will save about US$1million after rescinding its earlier decision to lay off 55 workers last...
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ZPC makes headway on Hwange
Hwange power plantGolden Sibanda Senior Business Reporter THE Zimbabwe Power Company has made headway towards concluding technical discussions for expansion of generation capacity at Hwange Thermal...
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Manicaland courts Chinese investors
Hon Mushohwe ChrisBusiness Reporter MANICALAND Province has set out to attract investment from China to counter de-industrialisation and exploit a cocktail of opportunities in the area using its twin...
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Fewer rights issues in 2013
Golden Sibanda Senior Business Reporter The amount of capital raised by companies listed on the Zimbabwe Stock Exchange last year plunged just over 50 percent due to the liquidity crunch pervading the...
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MMCZ targets US$140m gold dumps
Business Reporter THE Minerals Marketing Corporation of Zimbabwe is looking for investment partners to inject US$20 million to upgrade its roasting plant in Kwekwe with a view of extracting close 100...
View ArticleTalking Social Security: Rehabilitating injured workers
Nearly 700 seriously injured workers from all over Zimbabwe went through rehabilitation programmes last year at the Worker’s Compensation Rehabilitation Centre in Bulawayo. Of the 685 injured workers...
View ArticleThe stock market in 2014
Linda Tsarwe Business Correspondent The local bourse put on a positive performance for 2013, despite the hurdles that faced the economy during the year. The mainstream index closed the year 32,6...
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ADC opts against board changes
Business Reporter ABC Holdings Limited majority shareholder, ADC Mauritius will not be bringing any immediate changes to the Pan African group’s board as expected after increasing its shareholding in...
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Zim safe for tourists, says Fundira
THE successful holding of the Constitutional referendum and harmonised elections last year played a major part in endorsing Zimbabwe as a safe tourist destination, with bookings surpassing targets by...
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Economic symposium on cards
Finance Minister Patrick ChinamasaBusiness Reporter MANDEL Training Centre in collaboration with the Gordon Institute of Business Science will next week hold the year’s first major economic outlook...
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Reckitt closes Zim factory
Martin Kadzere and Tinashe Makichi RECKITT Benckiser, the manufacturer of Nugget shoe polish, Dettol and Cobra floor polish has closed down its Harare plant amid fears that many local manufacturers may...
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