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Brighton Gumbo, Business Reporter ZIMBABWE has spent over $115 million on maize imports during the first nine months of the year, according to Zimstat.
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Johannesburg — The rand hit new record lows yesterday as the prospects of a US rate hike hardened, a development that helped push stocks higher as money flowed into rand hedges such as the gold sector.
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Munyaradzi Musiiwa, Midlands Correspondent THE Reserve Bank of Zimbabwe (RBZ) has granted mobile phone operator, Telecel Zimbabwe, the green light to receive incoming international remittances directly into its subscribers’ Telecash wallets.
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Lovemore Zigara, Midlands Correspondent TREASURY should set aside money for exploration programmes in the 2016 national budget to unlock increased investment and mineral output, Mines and Mining Development Minister, Walter Chidhakwa has said.
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Sintibale Zulu and Morris Mpala In the introductory article we outlined the true meaning of a brand. To recap; a brand is an emotional bond that connects people with products and services. Brands are visual, emotional, rational and cultural images that consumers associate with an individual company or product. A brand is your reputation. Ultimately, […]
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Brighton Gumbo Business Reporter THE Zimbabwe Investment Authority (ZIA) has adopted a digital option for registering new companies as part of measures to attract foreign direct investment (FDI) into the country.
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Harare Bureau THE Japan International Cooperation Agency has extended a $15 million grant to Zimbabwe, the first substantial commitment in 15 years, for the development of the 674 hectares Nyakomba irrigation scheme in Nyanga.
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Prosper Ndlovu Business Editor A MARGINAL increase in prices of some basic commodities — induced by importation costs — has pushed the average monthly cost of living 0,50 percent up with the food basket recording a 2,20 percent rise as of last month.
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Harare Bureau TANZANIAN milling company, Bakhresa, can now appoint a foreign chief executive at Blue Ribbon Industries after the Immigration Department last week issued the requisite work permit.
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MTN says its CEO Sifiso Dabengwa has resigned, and it has appointed Phuthuma Nhleko as executive chairman in a temporary capacity. Zimbabwean-born Dabengwa has quit amid a fine hanging over MTN of $5.2 billion, which has been imposed on it by MTN Nigeria for failing to cut off
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Business Reporter A SOUTH African indigenous business delegation will visit Bulawayo at the end of this month to explore opportunities for business engagement with their city counterparts.
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Business Editor THE government has further deferred the implementation of the Consignment Based Conformity Assessment (CBCA) on imported products to January 2016 while it finalises gazetting of the Statutory Instrument supporting the exercise.
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SIMBISA Brands, the Quick Service Restaurant (QSR) arm of Innscor Holdings on Friday started trading on the Zimbabwe Stock Exchange as a separate entity, dominating activity but failed to drag the market out of its slump on a day when no counter traded in the positive.
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Dosman Mangisi Mining correspondent CHROME buyers say they are still finding it difficult to export the mineral despite the June 2015 lifting of the export ban due to the 20 percent export tax hurdle.
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