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More Financiers for Command Agric

By Africa Moyo Command Agriculture, a special maize import substitution programme, has attracted more private sector financiers such as National Foods Limited and Northern Farming. Homelink Group, a subsidiary of the Reserve Bank of Zimbabwe (RBZ), has also joined Command Agriculture with a $6 million facility focusing on beef production …

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IDBZ Spearheads Infrastructure Development

By Enacy Mapakame Buiness The Infrastructure Development Bank of Zimbabwe (IDBZ), says it will continue to forge ahead in spearheading infrastructure development in line with new Government’s thrust for economic turnaround and the regional industrial development agenda. IDBZ chairman Willard Manungo, said the recent US$150 million injection the bank received …

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Makonde Grapples With Poor Connectivity

By Mash West Bureau Communities in some parts of Makonde district have bemoaned poor or lack of mobile connectivity, saying it is affecting communication and financial transactions via mobile platforms. With most people using mobile money platforms to transact owing to the shortage of cash, the people are now being …

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The National Interest, Ethics and Truism

By Reason Wafawarova The national interest is often referred to by the French phrase, raison d’état, and to many the shared meaning is about a nation’s survival, security, as well as the pursuit of economic growth, wealth and power. We as Zimbabweans must have a collective approach to safeguard our …

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Council to Hire Traffic Expert

By Innocent Ruwende Harare City Council is set to recruit a chief traffic transportation planner to deal with the chaos obtaining in the Central Business District and other parts of the city where congestion is now the order of the day at intersections, especially during peak hours. The problem has …

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Reforms Boost Business Climate

By Tawanda Musarurwa Beijing, China — Zimbabwe has made significant strides in improving the ease of doing business by eliminating policies and laws that hindered foreign capital inflows, President Emerson Mnangagwa has said. He said this ahead of the 2018 Beijing Summit of the Forum on China-Africa Cooperation (FOCAC), which …

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Cement Shortage Hits Country

By Munyaradzi Musiiwa The country has been hit by a shortage of cement, leaving the construction industry stranded, while in some instances resorting to the black market. A snap survey by The Herald showed that PPC and Lafarge were out of stock in most retail outlets and building material warehouses …

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Stanbic reports strong H1, calls for economic reforms

STANBIC Bank (Stanbic) has called for currency reforms and measures to support industrial growth, foreign currency generation and price stability in order to put an end to “turbulence in the operating environment”, currently fuelled by unsustainable budget deficits. BY FIDELITY MHLANGA The mining-focused financial institution, which is a unit of …

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Business environment ‘toxic’: CEO Africa Roundtable

THE CEO Africa Roundtable would like to see action on some of the “toxic elements that characterise the business environment”. BY MTHANDAZO NYONI In emailed responses to questions posed by NewsDay, CEO Africa Roundtable chairperson, Oswell Binha, identified the “toxic elements” as fiscal deficits, corruption, Cabinet composition to diplomatic tensions …

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