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New York — South Africa’s credit rating outlook was cut to negative by Moody’s Investors Service, which said the country faces a “prolonged” period of slow growth and increasing political pressures.
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With the continued closure of companies and scaling down of formal business due to the general distress and recapitalisation challenges, many people have found themselves out of employment.
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Zurich — The number of women among the world’s billionaires has risen faster over the past two decades than that of men, mostly thanks to Asian female entrepreneurs, a study published on Tuesday showed.
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Business Correspondents FOR many Zimbabweans living in the Diaspora, investing in the country or ploughing back their profit has not been their priority. diasporans usually return home during holidays such as the festive season to exhibit their wealth which does not contribute meaningfully to the
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Dosman Mangisi Mining Correspondent THE Zimbabwe School of Mines (ZSM) will next year roll out intensive training programmes throughout the country’s mining regions to empower small-scale miners, an official said yesterday.
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BEIJING/LONDON — China’s state-run Sinochem Group said yesterday it had signed a deal with Angolan state-owned producer Sonangol to buy crude oil for more than 10 years.
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LUSAKA — Hit by a slump in copper prices, Zambia should maintain stable mining policies and taxes to avoid losing out to new, lower cost mines elsewhere, Chamber of Mines President Nathan Chishimba said yesterday.
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tapuwa Mashangwa Agriculture Column As new technologies emerge, the holistic concept of agricultural functionality evolves thus improving production and yields. Each milestone reached presents new opportunities and better ways to conserve the environment and to still attain agricultural produce that utilises
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Morris Mpala MoB Capital IT is often said the YOUTH are the future leaders but after we noticed the statistics of their “refusal” to repay loans advanced by financial institutions, we are left with many questions than answers. The figures that have been quoted will not be written down here because we believe the youth […]
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Brighton Gumbo Business Reporter GOLD has dominated Zimbabwe’s export earnings after raking in $503 million since the beginning of the year, latest data from the Zimbabwe National Statistical Agency shows.
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Brighton Gumbo Business Reporter ECONET Wireless Zimbabwe has launched a tap and go payment system that will allow customers to buy from vendors and informal merchants without using cash. The payment system is called EcoCash Ta!
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Harare Bureau FERROCHROME smelter ZimAlloys has restarted one of its smelters while talks with potential international chrome ore off takers are being finalised, an official has said.
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Oliver Kazunga Acting Business Editor THE government has taken over Caps Pharmaceuticals, the country’s largest pharmaceutical manufacturer in a bid to revive its operations, Finance and Economic Development Minister Patrick Chinamasa has said.
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Harare Bureau Samsung Zimbabwe is targeting a 50 percent market share on television sets in the coming year. This comes after the company opened a television sets and refrigerator assembly plant in Zimbabwe at the Zimpost Complex along the Joshua Mqabuko Nkomo Express Way in Harare. The initial investment on the
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