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Oliver Kazunga, Senior Business Reporter THE country’s annual inflation for the month of April stood at -1,64 percent after gaining 0,66 percentage points on the March rate of -2,31 percent.
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Golden Sibanda Harare Bureau DEMAND for power in the mining sector is projected to increase by an estimated 25 percent to 150 megawatts, assuming mining firms undertake more investments in the sector.
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Oliver Kazunga Senior Business Reporter THE government has appointed five new board members for Hwange Colliery Company Limited (HCCL)who have been mandated to turn around the fortunes of the company.
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Bianca Mlilo Business Reporter THIS year’s Sanganai/Hlanganani Tourism Expo hangs in the balance as the government is yet to release funding for the event that is a month away, an official said yesterday.
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Martin Kadzere Harare Bureau Zimbabwe should start looking at ways of tapping into the approximately $7 billion informal industry by establishing retirement savings schemes for the informal sector, Alexander Forbes (Kenya) chief executive Sundeep Raichura said.
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Conrad Mwanawashe Harare Bureau Contractors have lent their support to the proposed Land Developers Bill saying the legislation will help clarify the roles of land developers, among other things.
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Bianca Mlilo Business Reporter NINETY percent of gas retailers in Zimbabwe are not licensed partly because of high licensing fees, an official said yesterday. Speaking on the sidelines of an LP Gas (LPG) training seminar in Bulawayo yesterday, Andrew Guri, an engineer responsible for petroleum with the
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Elita Chikwati Harare Bureau THE government has banned the movement of cattle for grazing, fattening, marketing and breeding purposes to contain foot and mouth disease and cut on vaccination costs.
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THE government is in the process of reviewing the country’s Industrial Development Policy and its accompanying National Trade Policy that are set to expire at the end of the year.
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Harare Bureau Over 25 women entrepreneurs will participate in an Export Awareness Seminar to be conducted by ZimTrade on May 20, 2016, in Bulawayo.
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Oliver Kazunga Senior Business Reporter— WORKERS’ unions are unhappy with the recommendation in the Special Economic Zones (SEZs) Bill to exempt businesses operating in the zones from the application of the Labour Act. SEZs are geographical areas administered by one oversight management body offering special trade incentives to firms that
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Lovemore Zigara Midlands Correspondent PROPERTY developers are feeling the heat due to a rise in payment defaults with a number of clients struggling to settle agreed housing stands payment terms, an official has said. Gweru-based land and property developer, Tinashe Manzungu, who runs Zimbuild Properties, confirmed there has been a high default
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Oliver Kazunga Senior Business Reporter A MULTI-MILLION dollar state-of-the-art tomato processing and canning plant at Esigodini is set for commissioning in July. The tomato processing and canning factory is a public-private partnership arrangement between Zagrinda, a company owned by the Agricultural and Rural Development Authority
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Midlands Correspondent GWERU-based cement manufacturer Sino Zimbabwe Cement Company (SZCC) sales for the first quarter have declined by 15 percent as compared to the same period last year. The company, a joint venture between the Zimbabwean and Chinese governments, has projected a further decline in sales this quarter citing a
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