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Tinashe Makichi, Business Reporter Zimbabwe’s stockfeed manufacturing giants, National Foods and Profeeds are planning to set up a new stockfeed company which will be run as a separate entity.
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Oliver Kazunga Senior Business Reporter A JOINT-VENTURE tomato and fruit processing investment between Schweppes Zimbabwe and the Agricultural and Rural Development Authority (Arda) is targeting to create at least 3,000 direct and indirect jobs.
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Nqobile Tshili Business Correspondent POSB has launched a Youth Account that does not attract bank charges targeting youths between the ages 16 to 24. The bank’s management said the Youth Account is aimed at promoting banking among the youths.
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Business Reporter Ecobank Transnational Incorporated, parent company of the Ecobank Group and Old Mutual Emerging Markets, a unit of Old Mutual Group, have announced an enhanced strategic agreement to strengthen existing ties between them.
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Business reporter The Reserve Bank of Zimbabwe (RBZ) said on Monday the country has about 40,000 agents providing financial services under a concept the central bank approved to promote financial inclusion.
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Midlands Correspondent GWERU based cement manufacturer, Sino Zimbabwe Cement Company (SZCC) will in July announce its expansion plan, which will see it increase output despite the low cement sales currently being experienced in the economy.
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Business reporter ZIMBABWE could double annual platinum production to more than 900,000 oz in the next decade and become the nation’s top export earner but current producers need $2.8 billion in new investment to do so, the industry association said on Friday.
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COMPANIES and retailers are the biggest culprits of money externalisation in Zimbabwe, which has resulted in a cash deficit of nearly $1 billion, Parliamentary Portfolio Committee on Finance and Economic Development member Terence Mukupe said.
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By Oliver Kazunga recently in Beitbridge DIVERSIFIED concern, Group Five will before the end of the year build a multi-million commercial mall in Beitbridge. The mall project will be part of many such projects meant to uplift the face of the border town.
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Lovemore Zigara Midlands Correspondent LISTED retail giant, OK Zimbabwe, has announced plans to open three new branches across the country and refurbish some of its existing supermarkets this year.
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Business Reporter HEADS of state and government, bank governors, development partners and delegates will converge in Lusaka, the Zambian capital this week, to attend the African Development Bank’s (AfDB) 51st annual meeting, which begins today.
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Business Reporter THE Reserve Bank of Zimbabwe (RBZ) says the introduction of bond notes into the economy would not lead to inflation. In a public notice meant to allay public fears over adoption of the new monetary measures, the central bank said the adoption of an export bonus scheme and
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Conrad Mwanawashe Harare Bureau The restructuring and network expansion programmes currently ongoing at State owned mobile services provider, NetOne are expected to drive the company to profitability and enhance capacity to compete with its peers.
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Harare Bureau The country’s power utility Zesa is planning to use new technologies to curb vandalism which has seen it losing cables worth $14,1 million between 2011 and 2015.
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