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Conrad Mwanawashe Business Reporter THE Insurance Council of Zimbabwe (ICZ) is in talks with medical and emergency services providers on a facility to offer on-the-spot assistance to passengers injured in accidents involving public transport.
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Tinashe Makichi Business Reporter— Zimbabwe Stock Exchange-listed cement manufacturer Lafarge Cement Zimbabwe has secured approval from its France-based parent company, Lafarge Group, to invest an additional $5 million on plant upgrades this year. The cement maker last year announced plans to invest about $10 million-$15 million on
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The launch of a free trade agreement by three African economic blocs in Egypt this week will be an important step towards a potentially game-changing common market spanning the continent, supporters say. The deal between the East African Community, Southern African Development Community and the
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Business Reporter The Ministry of Mines and Mining Development has assigned the Zimbabwe Economic Policy Analysis and Research Unit (Zeparu) to audit skills gap in the mining sector to enable interventions that enhance its contribution to economic growth. A survey will be carried out to identify skills and knowledge gaps that
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Business Reporter The African Development Bank (AfDB) says Government borrowing has remained the main driver of domestic credit growth since November 2013 as the country’s fiscal space remains constrained due to subdued economic activity. In the Zimbabwe monthly economic review for the period to March, AfDB said
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Banks should come up with innovative products to lure funds from the informal sector, the Bankers Association of Zimbabwe (BAZ) has said. An estimated $7 billion is circulating outside the banking system, far more than the $4 billion thought to be in hands of banks. BAZ, an association of banks, says the banking
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Business Reporter THE Reserve Bank of Zimbabwe intends to unbundle its gold buying and printing division, Fidelity Printers and Refiners, into two units to enhance efficiency and increase transparency in the operations of Zimbabwe’s sole authorised buyer of gold.
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Vandudzai Zirebwa Buy Zimbabwe Ten days to go! Buy Zimbabwe, the country’s National Buy Local Campaign, is hosting the 5th Buy Local Summit from June 17 to 19 at the Elephant
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Automated trading on the Zimbabwe Stock Exchange (ZSE) will go live on July 3, 2015 and not an initial June date following the completion of infrastructure development that included setting up of a data recovery site.
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Jeffrey Gogo Climate Story LAST year Mr Bothwell Chidziwa picked up a packet of cereal from a supermarket shelf in Gwanda, convinced he was buying stuff produced organically.
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Business Reporter MWANA Africa plc shareholders have narrowed their differences ahead of the crucial extra ordinary general meeting after CIMGC, a substantial shareholder and Mr Yat Hoi Ning, a non-executive director and associate of CIMGC agreed to withdraw litigation in respect of
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Victoria Ruzvidzo in Cape Town, South Africa Zimbabwe has moved seven places up the ladder to position 124 on the Global Competitiveness ranking as factors of positive policy shifts, institutional strengthening and an improved macro-economic environment begin to take effect.
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Tinashe Makichi Motoring Reporter KIA Motors Corporation last week unveiled new vehicle models, which the group hopes will boost its plans to consolidate its market share in Zimbabwe.
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Business Reporter MWANA Africa considers Zimbabwean assets to be the most important to the multi-commodity group’s portfolio because they hold the best financial opportunity, chief executive Mr Kalaa Mpinga has said.
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Business Reporter HIPPO Valley Estates Limited revenue for the year to March 31 rose by 8 percent to $146,8 million compared to $136,1 million in the same period last year on the back of a significant recovery in local market sales volumes.