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Blessings Chidakwa Herald Reporter THE late Professor Claude Mararike has been granted a State assisted funeral. Prof Mararike, who had been a senior sociology lecturer at the University of Zimbabwe, died last Thursday at the age of 82. Deputy Presidential spokesperson Mr Regis Chikowore announced the decision by President Mnangagwa to grant Prof Mararike a […]
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Joseph Madzimure Senior Reporter ZANU PF has set up a mobilisation committee led by Politburo members to verify the authenticity of cells and other party structures across the country. Addressing the media at the weekly press briefing in Harare yesterday, Zanu PF National Political Commissar, Cde Mike Bimha, said the party has set up a […]
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Enacy Mapakame Business Reporter Food, home and personal care products producer, Unilever Zimbabwe, has invested $8 million into its operations in the country in the last five years, creating businesses for over 100 000 local enterprises across value chains.
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Africa Moyo and Livingstone Marufu Preparations for the Zimbabwe International Trade Fair (ZITF) 2018 have gathered momentum, with 34 034 square metres of space already taken up. There is high hope that exhibitor interest – particularly by foreigners – would spike as dates draw close driven by the re-engagement process Government has initiated.
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Taurai Mangudhla Senior Business Reporter— PRESIDENT Mnangagwa leads a high-powered Zimbabwean delegation comprising Cabinet ministers, top Government officials and private sector representatives to Davos, Switzerland, for the 48th World Economic Forum annual meetings. The President’s itinerary indicates the delegation was scheduled to leave Harare at 4:30am today for the crucial
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Business Reporter Most businesses that produce or import basic products are struggling to obtain foreign currency under the Reserve Bank of Zimbabwe priority list, forcing importers to resort to parallel markets, where they get it at steep premiums, now driving the spate of price increases.
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Felex Share Senior Reporter President Emmerson Mnangagwa has ruled out legislation against arbitrary price increases and instead directed Industry, Commerce and Enterprise Development Minister Dr Mike Bimha to bring together stakeholders and take corrective measures.
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Africa Moyo and Livingstone Marufu Government is engaging the manufacturing and retail sectors with a view to establishing their operational challenges, which have recently resulted in arbitrary price increases that are beyond the reach of many low income earners. The National Competitiveness Commission (NCC), a successor body to the National Incomes and Pricing Commission (NIPC), is […]
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Tendai Mugabe in PRETORIA, South Africa Zimbabwe is now open for investment in all sectors and the new administration led by President Emmerson Mnangagwa is doing everything possible to create a conducive environment for investors by amending various pieces of legislation.
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Livingstone Marufu Government will reduce the issuance of import permits after the festive season as demand of some basic commodities is expected to have declined. This comes after Government allowed shops and individuals with free funds to import basic commodities during the festive season to avert potential shortages. Industry and Commerce Minister Dr Mike Bimha, expects […]
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Tinashe Makichi Business Reporter Zimphos is set to complete its plant facelift as the company expects an additional $2,2 million from Reserve Bank of Zimbabwe in addition to the $5 million that has already been disbursed.
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Enacy Mapakame and Livingstone Marufu GOVERNMENT has clarified the easing of import controls on basic commodities saying the move does not render Statutory Instrument 64 of 2016 ineffective, but rather is a call for organisations with free funds to obtain licences for import permits to ensure adequate supplies during the Christmas period. Industry and Commerce Minister […]
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Business Reporters Government has warned it will consider revoking the operating licences of businesses found guilty of unilateral and unjustified price increases, after Cabinet recently endorsed a raft of measures to stabilise prices and resolve production and supply bottlenecks of 15 essential products. Industry and Commerce Minister Mike Bimha, said Cabinet on October 2, 2017 resolved […]
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Government has said there is need to address competitiveness challenges exporters are facing in order to increase export earnings. Minerals and tobacco currently contribute over 80 percent to export earnings. Manufactured products and services, on the other hand,contribute less than 10 percent each to exports. Addressing delegates at a ZimTrade meeting yesterday, Industry and Commerce Minister Dr […]
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Business Reporters Zimbabwe saved over $2 billion in potential import expenses following the introduction of import control measures under Statutory Instrument 64 of 2016, Vice President Emmerson Mnangagwa said yesterday. Government last year introduced SI-64, effectively banning the importation of certain products without prior clearance in a bid to support local industry, which had suffered from […]