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Govt to Improve Agric Colleges – Minister

By Natasha Kokai and Geraldine Zaranyika Government is set to formally incorporate agricultural colleges into the modern tertiary education system as human skills are fundamental in achieving the Vision 2030, Higher and Tertiary Education, Science and Technology Development Minister Professor Amon Murwira has said. Speaking during a Zimbabwe Manpower Development …

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No Immediate End to Load-Shedding – Chasi

ENERGY minister Fortune Chasi (FC) took his oath of office this week, promising to tackle the electricity crisis head-on. His appointment comes at a time power utility Zimbabwe Electricity Supply Authority (Zesa) has embarked on crippling load-shedding amid dwindling water levels at Kariba Dam, while regional power suppliers like Eskom …

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Ex-Zinara boss’ US$20m assets frozen

Daniel Nemukuyu Investigations and Special Reports Editor Former Zimbabwe National Road Administration (Zinara) chief executive officer Frank Chitukutuku, who is under investigation for fraud, has been given a 30-day ultimatum to give an account of how he acquired an array of immovable and movable assets worth over US$20 million. High …

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Zimbabwe Cotton Farmers Demand Payment in Forex

Chiredzi — Zimbabwean cotton farmers are advocating for payment in foreign currency to cushion them from rising costs of producing the crop. They want an arrangement currently prevailing in the tobacco sector where farmers are paid in United States dollars. The farmers have formally advised the Cotton Producers and Marketing …

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Tourism industry on rebound

Zimbabwe’s hospitality industry is looking forward to closing the year with an above 50% capacity utilisation, but challenges such as price distortions, fuel shortages and power load-shedding still remain a threat to the industry’s viability. BY MTHANDAZO NYONI Hospitality Association of Zimbabwe president Innocent Manyera told NewsDay that though the …

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NRZ deal to be finalised soon: DIDG

In 2017, a consortium of investors, Diaspora Infrastructure Development Group (DIDG) partnered South Africa’s Transnet and won the $400 million tender to recapitalise the National Railways of Zimbabwe. NewsDay (ND) reporter Mthandazo Nyoni sat with DIDG executive chairman Donovan Chimhandamba (DC), to understand why the deal has taken long to …

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ZNCC Bemoans Poor Infrastructure Budget Allocations, Poor Management

ZIMBABWE National Chamber of Commerce (ZNCC) president, Tamuka Macheka has bemoaned poor budget allocations being devoted towards infrastructure development by government. He was speaking at a business meeting held recently. Macheka said if the problem was unaddressed, the country risked losing the much needed Foreign Direct Investment. He urged government …

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Oil prices fall

Oil in New York fell below $60 a barrel for the first time since March after a surprise jump in American crude inventories alleviated concerns over a supply crunch, while fears of a full-blown trade war between the US and China weighed on the outlook for demand. Futures fell as …

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SA rand at risk

The South African rand is at risk from an imminent re-weighting of a major emerging market share index so that more Chinese shares are included at the expense of SA shares, according to analysts at ABSA, South Africa’s largest lender. Many global investors simulate the composition of their portfolios on …

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A vital water management tool

The use of water meters or other acceptable measuring devices has always been key aspect in water resources management. While many people, especially those using raw water for irrigation and other purposes are very sceptical about the installation of meters in their operations, the use of water meters is a …

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