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Zim Takes Search for Investors to SA

By Enacy Mapakame Zimbabwe takes the search for investors to South Africa in August in a bid to attract businesses that can thrive notwithstanding the obtaining challenging economic environment. This is also in sync with the “Zimbabwe is open for Business” mantra emaciated by President Mnangagwa. Through the Institute of …

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Resolving Zimbabwean Challenges in Transfer Pricing

By Beaven Dhliwayo A lot of debate about taxation in most developing countries is evolving on how to ease revenue leakages through offshore tax havens. But there is another hot issue called transfer pricing which developing countries have to be mindful of particularly if they want to avoid the risk …

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Mnangagwa Takes Zim Re-Engagement Gospel to America

By Leopold Munhende President Emmerson Mnangagwa Wednesday took advantage of the ongoing US-Africa Summit in Mozambique to preach his re-engagement gospel as he battles to attract much-needed investment in Zimbabwe. Mnangagwa urged African leaders, potential investors and others in attendance not to leave any country behind when it comes to …

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Hardpressed UZ Staff Wants to Move in With Students

By Robert Tapfumaneyi Ordinary workers at the University of Zimbabwe (UZ) have written to authorities running the country’s top most learning institution demanding campus accommodation as well as food as relief to high rentals and food which they say they can nolonger afford. Wants to Move in With Students”We have …

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Natpharm Boss Caged 20 Months Over Drug Hike Scandal

By Mary Taruvinga National Pharmaceutical Company (Natpharm) acting general manager Newman Madzikwa has been slapped with a 20 months jail term after he was convicted of corruptly hiking drug handling fees from four percent to 15 percent. Senior regional magistrate Hosea Mujaya however suspended 6 months of his sentence leaving …

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Private Sector Says Not Ready for African Continental Free Area

By Alois Vinga The private sector in Zimbabwe has admitted that local manufacturers are not yet ready to join the African Continental Free Trade Area (AFCFTA) due to serious economic challenges and policy inconsistencies obtaining back home. Speaking at the national forum on the AFCFTA Wednesday, former Confederation of Zimbabwe …

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Court Orders Completion of Gwanda Solar Project

The High Court has ordered Zimbabwe Power Company (ZPC) and Intratrek Zimbabwe to engage and map the way forward regarding completion of the Gwanda solar power project, after granting the latter leave to execute the court’s earlier judgment declaring the contract between the parties valid. Intratrek had applied for leave …

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TIMB bemoans poor tobacco prices

BY MISHMA CHAKANYUKA The tobacco industry is in good shape despite experiencing a poor run this season, newly-appointed chairperson of the sector’s regulator, Patrick Devenish, has said. Devenish, who was appointed to head the Tobacco Industry Marketing Board (TIMB) last month, told NewsDay that the new board will be looking …

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