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Tinashe Makichi recently in Livingstone Zambia The COMESA Competition Commission has introduced new thresholds on mergers in the region, which stipulate that all companies with a combined turnover of $50 million that intend to merge and whose merger will have a regional effect should notify it with immediate
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Jeffrey Gogo Climate Story TWENTY seven people were killed by wild animals across Zimbabwe during the first quarter of 2015, as human-wildlife conflicts run deeper. Fifteen sustained injuries at varying degrees.
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Tafadzwa Zimoyo Lifestyle Writer— In the past, the day of lobola payment was exciting for the families and friends of the couple at the centre of the ritual. Tension, drama, joy and feasting was expected. The groom and his companions would generally turn up in formal attire in order to prove that they were people of […]
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Tawanda Musarurwa and Munesu Nyakudya The Government will transform the State Procurement Board (SPB) into a standard setting agency this year as part of broader strategies to eliminate bureaucratic red-tape hindering Foreign Direct Investment (FDI) inflows into the country, Chief Secretary to the President and Cabinet Dr Misheck
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Business Reporter DELTA Corp, Zimbabwe’s largest listed company said volumes for the first quarter ended June declined on weak consumer spending largely due to liquidity constraints.
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Tinashe Makichi in LIVINGSTONE, Zambia The Common Markets for East and Southern Africa says the implementation of the Tripartite Free Trade Area will begin in two years after ratifications and approvals from Governments of member states, an official has said.
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Golden Sibanda Senior Business Reporter GOVERNMENT has invited Mwana Africa, led by new chairman Mr Ning Yat Hoi, for a meeting to explain controversial changes to the board as this is said to have negatively impacted progress towards compliance with Zimbabwe’s equity laws.
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Business Reporter FRENCH based standards firm, Bureau Veritas, will begin testing imported products for acceptable standards at the end of this month after the initiative failed to start in May this year.
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Business Reporter Southern Africa focused investment company, Cambria has completed the reconstitution of its board following the reappointment of Mr Paul Turner to the board.
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The deal to revive NewZim Steel (formerly Zisco Steel) is still alive and the Government is working with the investor on a revised implementation plan, a Cabinet Minister said yesterday.
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JOHANNESBURG. — WOOLWORTHS has announced a multimillion-rand black empowerment employee share scheme pay-out. “The strong performance of the business over the past eight years has created 2,4 billion rand for the participants‚ who have also enjoyed dividends of 332 million rand during the
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Business Reporter The African Development Bank has approved a $ 2,8 million grant to finance the Strengthening Institutions of Transparency and Accountability Project through the African Development Fund.
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FRENCH head-quartered cement production outfit, Lafarge Group, which has a presence in Zimbabwe, officially merged with Swiss based Holcim International, creating a global building materials behemoth.
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Business Reporter PRICES of goods and services can drop by as much as 40 percent if more people sign up to online shopping and companies adopt the new concept. Hammer and Tongues Africa Holdings chief executive officer Mr Brian Makwabarara told journalists yesterday that it is time Zimbabwe moved
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WASHINGTON — Filings for US unemployment benefits declined last week for the first time in a month, heading back toward the lowest levels in more than a decade and signalling firings remain muted.