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A legal health check is essentially an audit or review of the legal affairs of a business. It is quite important but often overlooked by businesses until there is a problem.
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COMPULINK Holdings, a leading information communication technology (ICT) company in Zimbabwe, will host the inaugural Evolve ICT Summit 2024 at the Harare International Conference Centre next month.
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Boeing Co faces a deepening crisis of confidence after an engineer at the US planemaker alleged the company took manufacturing shortcuts on its 787 Dreamliner aircraft in order to ease production bottlenecks of its most advanced airliner.
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Powertel is rolling out infrastructure to rural and marginalised communities, thereby connecting the unconnected. This is building on its mandate of providing Information Communication Technologies to the entire electricity value chain, key economic drivers and the nation at large.
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Welcome, dear reader, to the debut instalment of this weekly column, Farmer’s Diary.
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Statistics from a recent report, show that African countries with little to no resources will outperform African countries with more abundant resources.
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South African local-currency bonds were the best performing in emerging markets on Tuesday, after the government’s reduced-size weekly debt sale drew strong demand from investors.
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Enacy Mapakame The Zimbabwe Stock Exchange (ZSE) has re-based indices following the introduction of the new structured currency Zimbabwe Gold (ZiG), as espoused in the 2024 Monetary Policy Statement announced on April 5, 2024. In line with this, the ZSE made adjustments that were implemented effective April 08, 2024, to include trading in the ZiG […]
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Tapiwanashe Mangwiro Senior Business Reporter The Reserve Bank of Zimbabwe (RBZ) has directed all banks and microfinance institutions that are not compliant with the regulatory minimum capital requirements not to declare dividends. In October 2022, the central bank extended the deadline for compliance with capitalisation requirements by 12 months to December 31, 2023 after some banking […]
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Martin Kadzere The Minerals Marketing Corporation of Zimbabwe (MMCZ) is ramping up its efforts to combat mineral smuggling with the State-owned agency intensifying its monitoring and surveillance systems to curb leakages. Despite boasting a robust inspectorate department, MMCZ acting general manager Dr Nomsa Moyo acknowledged that mineral revenue losses due to smuggling remained a significant […]
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South African Airways (SAA) has said it would appoint a permanent chief executive after its deal with Takatso Consortium as a strategic equity partner (SEP) collapsed last month. In March, Public Enterprises Minister Pravin Gordhan said that the transaction, which was first announced in 2021, had fallen through after the government decided to re-evaluate its […]
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The US must boost commercial ties with African countries to curb reliance on China for supplies of critical minerals, a Washington-based think tank said on Tuesday. “US economic and national security depends on securing a reliable supply of critical minerals, including from Africa,” the United States Institute of Peace said in a report. The US […]
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Tigran Gambaryan, a US citizen and Binance’s head of financial crime compliance, has been sent to Kuje Correctional Centre pending the determination of his bail application. The trial judge, Emeka Nwite, issued the order after Gambaryan pleaded not guilty to the money laundering charges filed against him by the Economic and Financial Crimes Commission (EFCC). […]
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East African stock market chief executives are considering a policy shift to allow them to issue debt instruments in hard currency to open competition with commercial banks over the issuance of foreign currency-denominated loans to companies largely involved in international trade. The proposal, which regional central banks are still jittery to approve, seeks to allow […]
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Mike Tome Business Reporter Zimbabwe’s foreign currency receipts grew by 23 percent to US$2,2 billion between January and February this year from US$1,8 billion in the same period last year, with the central bank saying the economy’s capacity to generate forex remains robust. Reserve Bank of Zimbabwe (RBZ) Governor, Dr John Mushayavanhu, in his inaugural monetary […]