Business

Black Market Gouging Ultimate Dishonesty

Black market dealers gouging the public with overpriced essential goods in short supply and thieving vendors offering “bargains” of repackaged underweight groceries are not helping the many sympathisers of the poor who want authorities to find a way of reopening the informal sector safely. Sometimes criminals in the informal sector …

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New $10 Notes Start Circulating

Some banks yesterday started issuing new $10 notes to customers queuing for cash, although others said they would only start availing them today. The red $10 notes were put into circulation by the Reserve Bank of Zimbabwe (RBZ), with the new blue-grey $20 notes going public in the first week …

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COVID-19 Impact to Show in Innscor’s Q4

Listed conglomerate, Innscor Limited, is likely to feel the impact of Covid-19 in the current quarter. Zimbabwe imposed an initial level 5 lockdown from March 30, which has since been reduced to level 2 and extended indefinitely. The group has said reduced human traffic, especially during the full phase of …

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Timb Reviews Tobacco Selling Conditions

By Golden Sibanda Senior Business Reporter The Tobacco Industry and Marketing Board (TIMB), has relaxed part of the stringent conditions for tobacco marketing this year that were adopted to prevent and minimise the spread of Covid-19. However, one of the farmers’ main bone of contention, the fixed exchange and the …

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Transporters, Zupco Meet

Municipal Correspondent Private transport operators yesterday met Zimbabwe United Passenger Company (zupco) bosses to thrash out a number of issues including delays in payments and the need to make a timeous review of rates to ensure viability. Further, the operators deliberated on concerns over double vetting, where buses are checked …

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Health Workers Begin New Shift

Health workers, including nurses and doctors, will from today, work for a full week and then go off-duty for two weeks, returning after a Covid-19 test. The switch in work routine changes the flexible hours routine to reduce risk of infection by ensuring that they are not infected by colleagues. …

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Critical for Tobacco Farmers to Comply With Production Legislation

This year’s tobacco marketing season opened on April 29 following the coronavirus outbreak, which disrupted every aspect of people’s lives. Traditionally, the season starts mid-March or even earlier. Farmers trading their crop are doing so guided by numerous preventive measures put in place by Government to contain the spread of …

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