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Embargoes Throttle Zim’s Financial System

By Tawanda Musarurwa Earlier this month, United States President Donald Trump extended the economic sanctions against Zimbabwe by a year, claiming that new Government’s policies continue to pose an “unusual and extraordinary” threat to American foreign policy. “The actions and policies of these persons continue to pose an unusual and …

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Import Bill Drops for 4th Consecutive Month

Zimbabwe’s import bill has fallen for the fourth consecutive month due to a combination of austerity measures introduced by Government as well as limited availability of foreign currency. According to the latest trade figures released by the Zimbabwe Statistics Office (Zimstats), the country’s import bill for the month of January …

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Tobacco Auction Floors for Mash West

By Michael Tome The Tobacco Industry and Marketing Board (TIMB) says it is has received an application to open auction floors in Mashonaland West Province in a bid to decongest the traditional Harare auction floors. Tobacco sales floors have constantly been overwhelmed with (tobacco) farmers from across the country during …

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Digital Migration Pays Off for ZBC

By Kundai Marunya ZBC TV continues rolling out television productions that were funded by the Broadcasting Authority of Zimbabwe (BAZ) under the Zimbabwe Digital Broadcasting (Zimdigital) migration project. The programmes that range from game shows, dramas, soapies, lifestyle and music shows have bolstered content on ZTV while empowering local filmmakers. …

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Gvt in Fresh Run-in With Trade Unions After Another Hold-Up in Harare

By Alois Vinga Zimbabwe Congress of Trade Unions (ZCTU) has expressed disgust over the continuous harassment of visiting international labour leaders. This comes less than a month after government harassed and detained International Trade Union Confederation’s Africa secretary general, Ghanaian Kwasi Adu Amankwah who was in the country on a …

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Former Mayor Manyenyeni Raises Red Flag Over Chinese Deals

By Leopold Munhende Former Harare mayor Bernard Manyenyeni on Wednesday warned incumbent Herbert Gomba to be careful of deals the City Fathers continue to strike with the Chinese. Manyenyeni who headed council between 2013 and 2018 was speaking at a residents meeting on the current water crisis in the capital. …

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Old Mutual Reports Earnings Growth

Old Mutual Plc posted an 8 percent growth in headline earnings for the year to December 31, 2018. Headline earnings for the 12-month period under review rose to R14,2 billion from R13,1 billion in the prior year. In a statement accompanying the results, group chief executive officer Peter Moyo expressed …

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Zim-SA BNC – Govt Should Do More for the Benefit of Citizens

The Zimbabwe-South Africa Bi-National Commission which ended on Tuesday saw the two leaders President Emmerson Mnangagwa and Cyril Ramaphosa yet again pledged greater cooperation in various socio-economic areas. For the generality of Zimbabweans, the tale of would-be benefits from similar inter-governmental engagements leaves a familiar empty handedness out of these …

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Schweppes Zimbabwe wins Sadc quality award

SCHWEPPES Zimbabwe Limited came first in the Southern African Development Community Annual Quality Awards (SAQA) – Large Enterprise category for the year 2018-2019. The SAQA competition is an initiation of the Sadc Committee of Ministers of Trade and Industry (CMT), which is meant to encourage Sadc businesses, private and public …

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Mining industry awards 80% salary increment

BY MTHANDAZO NYONI WORKERS in the mining industry have been awarded an 80% salary increment following collective bargaining negotiations which will see the lowest paid employee in the sector earning ZWL$468,58 per month. The workers will receive the new salary structure which back date to January 1, 2019. Before the …

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