Business

ICT Strategic Plan to Drive Economy

The Ministry of Information Communication Technologies, Postal and Courier services has completed the development of its five-year strategic plan, that will dovetail with the National Development Strategy 1 (NDS1) and the Smart Zimbabwe 2030 Masterplan. Government anticipates that the ICT sector will drive the Zimbabwean economy going forward. The Covid-19 …

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Tile Company Pleads for Govt Protection

A leading tile manufacturing company has called on the Government to craft policies that protect local industries against unfair foreign competition. Giant Norton-based firm — Sunny Yi Feng (Pvt) Limited — employs nearly 2 000 people in the manufacture of floor tiles, roofing tiles, bricks, cement pipes, cups, plates, wooden …

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Delta Beverages Loses Case Against SA Firm

DELTA BEVERAGES has failed to make a case against a South African company that supplied it with plastic packaging for its beverages business after the High Court upheld the agreement between the two parties. The agreement between Delta and Blakey Investments (Pvt) Ltd was signed on March 16, 2018 for …

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Five Key Factors for Increasing Productivity

Agriculture in Zimbabwe contributes 15 to 18 percent of the Gross Domestic Product (GDP), with over 70 percent of households dependent on it for their livelihoods (Mhlanga, 2018). It is therefore prudent that farmers be educated on the concept of increasing productivity at farm or household level. This can be …

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Zim an Attractive Mining Destination

Zimbabwe is deemed to be very attractive among other African countries by mining investors on the back of its geological potential. The country is endowed with vast mineral resources ranging from gold, platinum, diamonds and chrome among others. This falls well into the country’s agenda of achieving a US$12 billion …

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General Beltings Conveys Bullish Performance

Listed conveyor belts manufacturer, General Beltings Holdings Limited, forecasts improved performance for the full year on the back of a strong order book. During the third quarter to September 30, 2020, GB’s rubber division had a strong performance that the group anticipates to maintain going forward. Overall third quarter performance …

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Motor Industry Overjoyed By Import Ban On Old Cars

Players in the local motor industry have welcomed Government’s ban on importation of second hand cars which are more than 10 years old including the directive for line ministries to acquire locally assembled vehicles including buses. Finance and Economic Development Minister, Professor Mthuli Ncube, announced the measures in his 2021 …

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Zim Braces for E-Commerce

Zimbabwe is bracing for increased use of electronic commerce (e-commerce), which has been accelerated by the Covid-19 pandemic, with Government working to ensure that the digital environment is both efficient and secure. This was said by the Minister of Information Communication Technologies, Postal and Courier Services Jenfan Muswere at the …

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Importance of Confidentiality in Business

Confidentiality, in very simple terms, means safeguarding privileged or sensitive information that is not in the public domain. I am sure many of us have seen documents marked “private and confidential” or have heard of “closed door meetings” or been told something in “confidence” or “between you and me” or …

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Zim, Region Improve On Debt Management

Zimbabwe and other regional countries are making progress towards sustainable debt management following the launch of the African Borrowing Charter two years ago. The African Forum and Network on Debt and Development (AFRODAD) Borrowing Charter was made for African governments to adopt an orderly template for responsible borrowing and debt …

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