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Ishemunyoro Chingwere Business Reporter INDUSTRY and Commerce Minister, Dr Mike Bimha, says internationally recognised standardisation can give local companies a good pedestal to compete with international companies on the same footing. Dr Bimha was speaking at a dinner held in the capital to celebrate manufacturing giant and distributor of automotive and decorative paints, Nash Paints, after they […]
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From Kudakwashe Bwititi in PRETORIA Zimbabwe and South Africa yesterday agreed to immediately start measures to operationalise the Beitbridge One-Stop Border-Post (OSBP) and signed five cooperation agreements as relations between the neighbours reached new heights. As part of the firm undertaking to operationalise the OSBP, President Mugabe and President Jacob Zuma directed their ministers and officials […]
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Please download the Ministerial Statement on cash shortages and bank charges here Fidelis Munyoro Chief Court Reporter— Government has gazetted regulations that criminalise cash vending without permission from the exchange control authority and empowered police to arrest money peddlers and seize whatever currency involved. In an Extraordinary Government Gazette published yesterday, President Mugabe issued Statutory Instrument […]
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Daniel Nemukuyu Senior Reporter— CABINET has approved a host of measures to arrest artificial shortages of basic commodities and the price madness triggered by economic saboteurs through social media, with Finance and Economic Development Minister Patrick Chinamasa firing warning shots at illegal cash vendors on the streets. Government will also pull the trigger on traders who […]
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Victoria Ruzvidzo In Focus The Reserve Bank of Zimbabwe (RBZ) and other arms of Government should remain vigilant in their quest to subdue a potentially destructive wave of errant behaviour that has swept across the economy, particularly in recent weeks. It is an unhealthy trend that cannot be justified or accommodated if the economy is to […]
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Africa Moyo Business Reporter— GOVERNMENT yesterday engaged captains of industry and Reserve Bank of Zimbabwe (RBZ) officials with a view to locating and solving challenges that triggered recent price increases and hoarding of products by consumers.
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Nonsikelelo Moyo Bulawayo Bureau INDUSTRY and Commerce Minister Dr Mike Bimha says review of the National Trade Policy is still in progress and finalisation of the process is likely to be before the end of the year.
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Tendai Mugabe Senior Reporter— Government has secured $1 billion investment for the revival of steel giant, the Zimbabwe Iron and Steel Company (Ziscosteel), from a Chinese company in a deal that will result in one million tonnes of steel being produced in the next 18 months.
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Business Reporter MORE than 150 of the 250 bakeries that used to operate have closed shop as operating conditions continue to be challenging.
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Kudakwashe Mhundwa and Michael Tome Industry and Commerce Minister Dr Mike Bimha will this month attend a high level Southern African Development Community (Sadc) Committee of Ministers of Trade meeting in South Africa.
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Business Reporter Industry and Commerce Minister Dr Mike Bimha has called for further partnerships between Russia and Africa to enable the continent to realise its potential and equally industrialise with the rest of the world.
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Conrad Mwanawashe Business Reporter AGRO processors may be forced to rethink their commitment to channel $200 million towards the purchase of 800 000 tonnes of maize under Command Agriculture if the Minister of Health and Child Care Dr David Parirenyatwa declines to defer mandatory food fortification.
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From Martin Kadzere in VICTORIA FALLS — ZIMBABWE has started formulating the Local Content Policy (LCP), which will stipulate percentage thresholds for goods that will qualify as locally produced to support domestic production, Industry and Commerce Minister Dr Mike Bimha said yesterday.
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Elita Chikwati Senior Reporter THE friendship between Zimbabwe and China has benefited the two countries economically and politically. Acting Foreign Affairs Minister Cde Mike Bimha said this at the celebrations of the 67th anniversary of the founding of China at the Chinese Embassy in Harare last Friday.
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Business Reporter— ZIMBABWE has told South Africa that import controls introduced in June this year through Statutory Instrument 64 of 2016 will last between two and three years. The Statutory Instrument removed 42 products from the open general import licence, restricting their importation into Zimbabwe, as it was felt that local industry has capacity to produce […]