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GLOBAL oil prices firmed in thin Easter holiday trading yesterday, adding to gains in recent weeks as optimism holds that a production freeze among major producers may be implemented.
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Bianca Mlilo Business Reporter SEVERAL businesses in Bulawayo sacrificed the four-day Easter holiday and kept their outlets open in a bid to make extra gains. A snap survey conducted by Business Chronicle in the city between Friday and Monday revealed that several businesses did not close shop
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Lovemore Zigara Midlands Correspondent THE country’s biggest shoe manufacturer, Bata Shoe Company, is seeking to explore the European and Asian markets following the successful penetration of the Latin American market last year.
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COTTON farmers in Zimbabwe should brace for lower producer prices for the crop in the coming marketing season compared to the previous one as demand for synthetic fibres continues to increase, an official has said.
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Midlands Correspondent THE Consignment Based Conforming Assessment (CBCA) has started bearing fruit in favour of local firms with the government, through French consultancy firm Bureau Veritas, intensifying monitoring of foreign and local products to ensure they adhere to the minimum
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Harare Bureau ONLY 35 foreign owned companies have submitted plans on how they intend to localise their shareholding in terms of the indigenisation law, the Zimbabwe Investment Authority has said.
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Prosper Ndlovu Business Editor THE business community says it is pinning its hopes on the success of the Lima Agreement between the government and the International Monetary Fund (IMF) to unlock fresh lines of credit for the economy.
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Kate Holton HEREFORD, England — Above a factory floor of machines carving metal to within a millionth of a metre, Stephen Cheetham is preparing his company for the unknown: a British exit from the European Union.
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Business Editor AT least $400 million is required to increase capacity utilisation in the coal mining sector in Zimbabwe, a recent report says. Findings from a 2015 state of the mining industry survey conducted by the Chamber of Mines in Zimbabwe indicate capacity utilisation for the sector dropped
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Bianca Mlilo Business Reporter ABOUT 2,000 vendors and commuter omnibus operators in Bulawayo would be displaced as council prepares to demolish Basch Street Terminus, popularly known as Egodini, next month.
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THE government is pursuing initiatives to save up to 300 megawatts of electricity by 2018 through using solar water heaters in homes and public institutions, an official has said.
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Elita Chikwati Harare Bureau FARMERS planted 744,426 hectares of maize during the 2015/16 summer cropping season, a decline of 49 percent from the previous year, information from the Food and Agriculture Organisation has showed.
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LILONGWE — The International Monetary Fund will resume Malawi’s $150 million extended facility programme which was suspended last year after a scandal involving abuse of state money, the country’s finance minister said on Thursday.
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THE Zambian government says millers’ contracts with the Food Reserve Agency (FRA) will only go up to May this year to enable them to purchase maize directly from farmers.
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