Mid-Term fiscal policy today
Finance and Economic Development Minister Patrick Chinamasa presents the long-awaited Mid-Term fiscal policy statement today. He is expected to tackle issues on the country’s repayment plan of its debt...
View ArticleOld Mutual Zim can do better
Business Editor Old Mutual Zimbabwe reported a 2 percent growth in adjusted operating profit in the half year to June. The group was strong in cash generation and maintained a strong balance sheet...
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No to raw mineral exports: President
Experts have been challenged toy take advantage of existing technology to consider options derived from research and development for purposes of beneficiation and value addition of mineralsBusiness...
View ArticleColcom records $7m profit
Business Reporter Colcom Holdings Limited recorded a $7 million profit before tax for the year ended 30 June 2014, representing a 213 percent increase from $2,2 million for the year ended 30 June 2013....
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US jobless claims hit two-month high
Job seekers queue to speak with recruiters at a job fair in Ontario, California, on WednesdayNew York — The number of Americans filing for unemployment benefits unexpectedly rose last week to a...
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2014 World Cup from a business perspective
Mould your workforce into the Germany 2014 World Cup team and you are rest assured of winning the “2014 World Cup”Godfrey Wasara The 2014 world cup has come and gone. I would like to reflect on it from...
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Mining slips: Chinamasa
Finance Minister Patrick Chinamasa presents the 2014 Mid-Term Fiscal Policy Review Statement in Parliament yesterdayBusiness Reporter Finance and Economic Development Minister Patrick Chinamasa has cut...
View ArticleZim external debt to hit $7,2bn
Business Reporter ZIMBABWE’S external debt will hit $7,2 billion by December this year, according to Government projections. Presenting the Mid-Term Review Statement to Parliament yesterday, Finance...
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South Korea in bid to curb smoking
A man smokes a cigarette in Seoul. – ReutersSouth Korea yesterday proposed a tax hike as early as next year that would nearly double cigarette prices as the government tries to reduce one of the...
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NatFoods registers 11pc growth
National Foods recorded 11 percent growth for the year ended June 30Business Reporter AGRO processing concern, National Foods Holdings recorded an 11 percent growth in revenue for the year ended June...
View ArticleEconet to partner Govt to improve economy
Tinashe Makichi in Vic Falls ECONET Wireless Zimbabwe is prepared to work with Government in stimulating economic revival through spearheading investments that develops infrastructure and creation of...
View ArticleIntellectual property theft on the rise
Vandudzi Zirebwa Buy Zimbabwe A week ago, a prominent Zimbabwean scholar and nationalist, Thomas Deve, breathed his last. As testimonies were shared during his funeral it was clear that here was a...
View ArticleZibawu picketing illegal, says BAZ
Golden Sibanda Senior Business Reporter The Bankers Association of Zimbabwe says demonstrations by the Zimbabwe Banks and Allied Workers Union, against Stanbic Bank over salary issues was...
View ArticleLocal firm to inject $8m into housing project
Property firm, Dawn Properties said it plans to undertake an $8 million housing project in medium density suburb of Marlborough in Harare as part of efforts to maximise the value of its land bank, an...
View ArticleRBZ debt hearing starts
Conrad Mwanawashe Business Reporter THE Finance and Development portfolio committee public hearings on the Reserve Bank of Zimbabwe Debt Assumption Bill start in Mutare today. The committee’s four...
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First Mutual Holdings records $5m loss
Conrad Mwanawashe Business Reporter FIRST Mutual Holdings recorded a $5 million comprehensive loss attributable to equity holders in the half year to June as the group lost almost $2 million sunk in...
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Govt to mobilise $250m for farmers
Finance and Economic Development Minister Patrick ChinamasaGovernment is planning to mobilise over $250 million to support farmers in the upcoming 2014 /15 agricultural season under the Presidential...
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Zim climate change mitigation to cost $10bn
Prof FeresuJeffrey Gogo Climate Story ZIMBABWE will require $10 billion to meet the costs of climate change adaptation and mitigation in the next five to ten years, but Treasury has told those that did...
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Block deal in CBZ boosts ZSE turnover
Business Editor A block deal in CBZ Holdings of 34,4 million shares boosted ZSE turnover last Friday with the wider market closing with a marginal gain. Platinum Securities pushed through the deal at...
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China’s CGGC angles for $1,2bn power plant
Three Gorge Water Conservancy Project in China. CGGC was the main contractor for the 22 500 megawatts Three Gorges Hydropower projectGolden Sibanda Senior Business Reporter CHINESE construction and...
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