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Business Reporter Metallon Zimbabwe, the country’s biggest gold miner, expects output at its Mazowe Mine to jump 200 percent when it commissions a new dumps treatment plant, chief executive Mr Ken Mekani said in an interview.
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Conrad Mwanawashe Business Reporter PRODUCTION at Innscor Africa’s appliance manufacturing division, Capri, will treble to 18 000 units from 4 500 per month for fridges and chest freezers following the commissioning of a new $12 million factory.
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Business Reporter The Real Estate Institute of Zimbabwe will this year celebrate its 70th anniversary under the theme, “Enabling Infrastructure Development Through Real Estate”.
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Business Reporter Government should show commitment in clearing about $40 million in arrears owed to the United Nations International Fund for Agricultural Development (IFAD) in order to receive funding from the institution.
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Martin Tarusenga The Herald Business report of June 3, 2015 reports that the Pension and Provident Fund Bill is in place. An examination of the Bill shows that it remains essentially the same as the current Pension and Provident Fund Act that it seeks to repeal, in structure and thrust.
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Golden Sibanda Senior Business Reporter GOVERNMENT has signed 54 Bilateral Investment Protection and Promotion Agreements (BIPPA) that are now at various stages of completion as it moves towards injecting more pace in the country’s economic growth, a Cabinet minister has said.
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Happiness Zengeni recently in DAR es SALAM, Tanzania Ecobank Zimbabwe says it has just drawn down the second tranche of the $15 million line of credit mobilised by its parent company. Managing director Mr Daniel Sackey said the group had drawn down $5 million, a week ago targeted at clients who are looking to retool.
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Conrad Mwanawashe Business Reporter Attempts by Western countries to discourage trade in Zimbabwean diamonds at the Kimberly Process Certification Scheme Intercessional Plenary which starts in Angola today are expected to fail .
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Martin Kadzere Senior Business Reporter THE Infrastructure Development Bank of Zimbabwe is now better placed to attract equity investors after Government assumed the bank’s legacy debt of $38 million.
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Tinashe Makichi recently in Victoria Falls Government is considering revoking operating licences for companies that fail to submit concrete exploration plans as more measures are being put in place to curtail suspected looting in the mining sector.
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Business Reporter GOVERNMENT, through the Ministry of Energy and Power Development is in the process of developing a Renewable Energy Policy, which seeks to address economic and environment issues associated with the exploitation and use of renewable energy.
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Jeffrey Gogo Climate Change POPE Benedict Francis last Thursday waded into the climate change debate. He was backing established scientific findings that the problem was man-made and called on rich countries to stop pollution and help the poor adapt, fast.
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Happiness Zengeni Business Editor Pan-African banking group Ecobank Transnational Incorporated this week signed a landmark multi-country agreement with global payments technology company MasterCard to bring MasterCard’s payment solutions to more than 32 sub-Saharan African markets.
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Business Reporter Online financial services aggregation startup, ZimSelector.com which was launched recently, is set to boost Diaspora remittances into the country. Although many Zimbabweans currently reside in several countries across the globe, Diaspora remittances into the country have been rather low.
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Rumbidzai Zinyuke Business Reporter The indigenisation of several mining firms hangs in the balance following revelations that the National Indigenisation and Economic Empowerment Board failed to implement recommendations made by the contracted financial advisory company.