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Conrad Mwanawashe Business Reporter THE newly elected Confederation of Zimbabwe Industries president Mr Busisa Moyo has said the cooking oil sector is expected to cover local demand which is around 11 000 tonnes by the end of the year if capacity is increased.
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Business Reporter Turnall Holdings requires $2 million for working capital in the short-term in order to boost operations although there has been a vast improvement in performance following the adoption of a cash trading model.
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Choppies completed its secondary listing on the Johannesburg Stock Exchange on Wednesday as it seeks to raise $48 million on the South African bourse for expansion in East and Southern Africa.
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Martin Tarusenga Almost a year after Government announced its decision to set up a Pensions Commission of Inquiry to determine rightful benefits from pension and insurance contracts and almost four months since the Finance Minister announced that he is in the process of selecting candidate commissioners for the President’s consideration.
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Tonderai Rutsito Tech Spot Over the past weeks I have read with interest a number of stories with various headlines expressing opinions by various stakeholders over the pending closure of Telecel.
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Business Reporter PAPERLESS transactions through mobile devices and internet reached $1,3 billion in the first three months to March, according to statistics from the Reserve Bank of Zimbabwe, reiterating the fact that Zimbabweans are now embracing virtual payment systems.
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Business Editor While Zimbabwe continues to benefit from negative inflation, unrealistic wage expectations continue to hinder the nation’s economy, FBC Holdings chairman Herbert Nkala said at the launch of the 2015 edition of CASE Handbook last night.
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Structural and policy changes being introduced in the mining sector in Zimbabwe will likely spur it to rebound strongly in the medium term, the African Development Bank has said.
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Happiness Zengeni and Conrad Mwanawashe Africa is poised for increased intra-continental trade as the African Union, which is chaired by President Mugabe, is pushing for the Continental Free Trade Area (CFTA) that is expected to enhance competitiveness of economies at all levels.
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Business Reporter SOUTHERN Energy, a partner of Makomo Resources, has signed agreements worth about $1,8 billion with investors to finance construction of a 660 megawatt plant in Hwange, where the latter is operating its coal mine.
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Golden Sibanda Senior Business Reporter THE envisaged Zimbabwe Investment Authority’s one-stop-shop centre remains largely a pipe dream and inconsequential tool for catalysing investment into the economy due to the absence of a legal framework to give it power to fast track investment approvals.
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What is the history behind ZOL Restaurant Week (ZRW)? Formerly Harare Restaurant Week, it began in May 2012 and was considered the first “restaurant week” in Zimbabwe.
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Are you preparing to resign from your current job? Some job-seekers have a hard time doing so, either because they love the job and their co-workers or because they can’t stand the job and can’t wait to leave.
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Dr Gift Mugano Zimbabwe’s trade deficit continues to soar with indication that the trend will not reverse any time soon. The big question is how can we reserve this trend?
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Tonderai Rutsito Trade in second hand and stolen cellphones is big business for informal cellphone traders, who operate around the Ximex Mall car park and Gulf complex.