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Victoria Ruzvidzo Business Focus The year 2014 is drawing to a close and how timeous it is to look back and introspect. Progress in the economy has not happened at the pace we had envisaged. We did not get the billions we hoped to in Foreign Direct Investment.
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Victoria Ruzvidzo Business Focus Christmas is a few weeks away and the question uppermost in our minds is: What is it going to be like? How are we going to celebrate this special day given the constrained economy? Of course Christmas time is the benchmark or the thermometer by which many households and companies measure their
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Victoria Ruzvidzo Business Focus At a time when money is hard to come by for most people, talking about millions of dollars and even billions might appear to be out of sync with reality. Who is concerned about having a million dollars at a time when having 20 dollars in your wallet has become a feat not […]
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Victoria Ruzvidzo Business Focus It is quite unfortunate that in this day and age, with an economy that is facing immense challenges as ours, we still get shocking reports that the bulk of Government ministries are unashamedly engaged in misdemeanors that are bleeding the fiscus of millions of dollars.
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Victoria Ruzvidzo Business Focus A figure of $2 billion is no small change, particularly for an economy that could literally use every cent it can get. Reports this week that investigations have revealed that Zimbabwe could save $2 billion if it relied more on local production than on imports is something that we should not just absorb
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In a challenged economy such as Zimbabwe’s, any positive news assumes great significance as it aids in boosting confidence, which in turn gives impetus to recovery. Such has been the case this week with news from the International Monetary Fund that the country met The Fund’s Staff Monitored Programme (SMP) targets. I have never really been […]
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Victoria Ruzvidzo Business Focus Government and business will yield much for this economy if they work more transparently and in concert. Having attended the last, three breakfast and dinner meetings hosted by The Herald Business in Harare and having read about discussion at the Chronicle breakfast
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Victoria Ruzvidzo Business Focus It’s confirmed! Zimbabwe’s economy is headed in the right direction and those that are reluctant to play their part will surely be left sulking. The train is not stopping and they could be left stranded.
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Zimbabwe needs to identify quick wins to rescue the economy and my visit to Beitbridge this week has been an eye opener in this regard. In my book, quick wins are those things that we can quickly do to get the economy ticking again.
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Victoria Ruzvidzo Business Focus It is not all doom and gloom for Zimbabwe. Indeed the economy is facing immense challenges but these are surmountable.
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Victoria Ruzvidzo Business Focus News that KLM Airlines and Egypt Air have decided to abandon Harare routes has been quite sad, especially as we were still celebrating their return. Before we could even put down the celebratory juice glasses (champagne for some) they have said goodbye. The transformation from
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Victoria Ruzvidzo Business Focus When I visited India in 2011, I had the opportunity to meet up with senior executives from Essar Holdings, who expressed keen interest in the Ziscosteel deal and what they had in mind in terms of restoring it to its former glory.
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Victoria Ruzvidzo Business Focus Granted, the multi-currency system has a few disadvantages that Zimbabwe has had to contend with over the past four and a half years but to suggest that the challenges this economy is experiencing presently are a result of that system of transaction is not exactly a correct assessment
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Victoria Ruzvidzo Business Focus Zimbabwean women have a huge and raw appetite to succeed and make a difference in the nation. This is a conclusion I have reached after attending several seminars and workshops and also interacting with women at all levels in society.
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Victoria Ruzvidzo Business Focus There are certain statistics and trends that seem to escape us as a nation as we focus on the challenges bedevilling the economy. I have not heard much applause to the fact that the tobacco industry was only a few kilogrammes shy of the all-time high of 236 million kg achieved […]
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