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Oliver Kazunga Senior Business Reporter WORKERS in the mining industry have been awarded a three percent salary increment in the 2015 collective bargaining negotiations, which will see the lowest paid taking home around $240 per month.
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Oliver Kazunga Senior Business Reporter ZIMPLATS’ revenue for the half year ended December 31, 2014, decreased by 12 percent to $234 million owing to a decline in the mineral’s sales volume and low production.
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Charity Ruzvidzo Business Reporter ZIMBABWE’s tobacco export earnings have clocked $200 million from a sale of 28 million kilogrammes of the golden leaf since the beginning of the year, latest statistics indicate.
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Business Editor MEIKLES Limited chairman John Moxon yesterday attacked the Reserve Bank of Zimbabwe (RBZ) —labelling it a “delinquent debtor” — as the dispute surrounding its suspension and subsequent lifting of the suspension from the Zimbabwe Stock Exchange ZSE) continues.
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Mashudu Netsianda Senior Reporter A BULAWAYO cleaning company, Nyekile-One Penny-Half Penny (Pvt) Ltd, is locked in a protracted legal battle with Parirenyatwa Group of Hospitals after the State Procurement Board (SPB), acting on orders from the health institution, cancelled a tender for provision of
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Charity Ruzvidzo Business Reporter THE registration exercise meant to pave way for the formalisation of small to medium enterprises in Bulawayo has been mired by low turn-out with facilitators saying the two month registration programme failed to yield the desired results.
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BRITISH start-up Azuri Technologies has entered into partnership with a Zimbabwean telecommunications company TeleAccess to bring off-grid solar energy to low income households.
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Oliver Kazunga Senior Business Reporter FIRST Mutual Health could be losing thousands of dollars to fraudulent claims by relatives of subscribed members who are not authorised to benefit from the scheme.
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Labour Column Davies Ndumiso Sibanda MANY employers and workers argue at disciplinary hearings on who should and who should not attend a disciplinary hearing and at times it ends up being the basis of a long legal battle between the parties before they look at the merits of a case.
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HE Reserve Bank of Zimbabwe yesterday cancelled struggling AfrAsia Bank Zimbabwe’s operating licence after determining that the financial institution was no longer in a sound financial condition.
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PLANS for the long proposed Batoka Gorge Hydro-electric Power Plant have been expanded to 2,400MW from the initial 1,600MW, an industry official has said.
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Charity Ruzvidzo Business Reporter BULAWAYO companies have joined hands with lobby group Buy Zimbabwe to extend outreach campaign on the importance of buying locally manufactured products to pupils in schools.
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THE Zimbabwe Stock Exchange has made a clean breast regarding last week’s suspension of hotel group Meikles’ shares from trading on the bourse, saying it had not engaged the affected party.
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Oliver Kazunga Senior Business Reporter THE Zimbabwe National Statistics Agency (Zimstat) says the country’s trade balance for last month alone stood at $271.2 million as the value of imported products continues to outpace exports.
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