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PPC Zimbabwe cement manufacturing company has appointed Kelibone Masiyane as its new managing director replacing Njombo Lekula who was redeployed within the group. PPC Zimbabwe is a subsidiary of South African cement manufacturing giant, PPC. According to the group, the development is
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Prosper Ndlovu, Business Editor MOBILE phone and Internet service providers who provide shoddy service and inflate network charges risk being penalised as the government moves to protect consumers.
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Oliver Kazunga, Senior Business Reporter THE African Export-Import Bank (Afrexim Bank) will avail about $100 million within the first half of 2016 to help stimulate productivity in local industries.
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Richard Muponde, Gwanda Correspondent TWO major irrigation schemes in Gwanda district that have been lying idle due to water shortages have received a life line after they were connected to a solar plant, which will run more than 16 electric pumps at the two projects.
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THE European Union has signed a €4.485 million technical cooperation facility to support implementation of regional integration programmes in the Eastern Africa, Southern Africa, and India Ocean (EA-SA-IO) region.
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Bianca Mlilo, Business Reporter THE deputy Minister of Industry and Commerce, Chiratidzo Mabuwa, will officially open the $1 million Bulawayo Chicken Inn drive-through facility today, management said yesterday.
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THE country’s biggest ferrochrome smelter in terms of capacity, Zimbabwe Mining and Smelting Company (Zimasco) has contracted three real estate firms to evaluate its properties in Shurugwi as part of measures to raise money to pay its retrenched workers.
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Harare Bureau THE Univisa regime between Zimbabwe and Zambia, piloted during the 2014 United National World Tourism general assembly co-hosted by the two countries, has collapsed casting doubts over plans to roll it out in the region.
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MULTI-commodity mining and resource development company- Premier African Minerals – says a local bank has offered to provide direct finance to its 49 percent-owned RHA tungsten mine in Hwange District.
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Senior Business Reporter THE Zimbabwe Building Contractors’ Association says it is ready to take up projects under the Ministry of Higher and Tertiary Education Infrastructure bonds.
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PROPERTY returns in Zimbabwe have plummeted to ‘alarming levels’ with rentals falling by as much as 50 percent and defaults above 40 percent in some cases, an industry official has said.
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Oliver Kazunga, Senior Business Reporter INDUSTRY has welcomed the gazetting of the Joint Venture Act saying the new law will go a long way in resuscitating companies through financial and technical synergies.
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Tapuwa Mashangwa AGRICULTURAL mechanisation, one of the great achievements of the 20th century, was enabled by technologies that created value in agricultural production practices through efficient use of labour, the timeliness of operations, and more efficient input management with a focus on sustainable, high-productivity systems.
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Bianca Mlilo, Business Reporter FUEL prices in Bulawayo have marginally fallen by up to $0.12 for diesel from previous price range of between $1.02 to $1.12 while petrol recorded a $0.07 decrease to $1.25 from average $1.32.
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