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Commission raises flag on price hikes

—Survey show outrageous increases —Eggs, milk prices remain flat — Beef prices rise the most Darlington Musarurwa and Livingstone Marufu — THE National Competitiveness Commission (NCC) – a successor body to the National Incomes and Pricing Commission (NIPC) – has raised the flag on astronomical price hikes for basic commodities, especially …

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Civil service cuts by 2018

Livingstone Marufu GOVERNMENT will cut the civil service wage bill from 90 percent to 55 percent by 2018, a Cabinet Minister has said. Finance and Economic Development Minister Patrick Chinamasa said staff rationalisation was already underway and bearing fruit. “We are targeting to reduce the proportion of expenditure from over …

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Agric transformation key

Conrad Mwanawashe Bumper Harvest An assessment by the Presidential Land Review Committee on the Implementation of the Fast Track Land Reform Programme, 2000-2002 better known as The Utete Report 2003 pointed to the need to transform the agriculture sector into a vibrant and driver of economic remodelling. The Presidential Land …

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Understanding the fall armyworm

Jeffrey Gogo Climate Story AS climates change, and global trade rises, crop-damaging pests such as fungi and moths have moved into new territories faster than other wildlife, according to a 2013 report in the journal Nature Climate Change. In the last 50 years, insects have expanded their range by dozens …

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Irvines capital projects under threat

Irvines Zimbabwe employees monitor the vaccination of eggs by an Embrex machine during a tour of the company’s operations by the Parliamentary Portfolio Committee on Agriculture, Lands, Mechanisation and Irrigation last Friday Business Reporter Capital projects earmarked for implementation by Irvines Zimbabwe this year are under threat due to the …

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‘Investors warm up to Zim mining’

Minister Chidhakwa Business Reporter— INVESTORS have now accepted that certain Government policies they denounced were critical in addressing historical economic imbalances and have since renewed interest in Zimbabwe’s mining sector, Mines and Mining Development Minister Walter Chidkwa said. In an interview with a local radio station on the sidelines of the …

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Zim happy with fiscal reform progress

HARARE  –  Government is satisfied with  progress it has made in implementing fiscal reforms meant to address  economic challenges the country is facing, a Cabinet Minister has said. The Zimbabwean economy went through a vicious cycle in the decade  ending 2008, which only came to a halt at the adoption …

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Zim earns $153m in 2017 tobacco exports

HARARE  –  Zimbabwe has so far earned $152, 9 million from exporting 26, 2 million kilogrammes of flue-cured tobacco at an average price of $5, 82 per kg, latest figures from the Tobacco Industry Marketing Board (TIMB) show. This is comparatively less than the $189, 1 million realised from exports …

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Industry players urged to tap into rich DRC

PLAYERS in the agricultural implements, pharmaceutical, manufacturing and engineering services sectors should tap into the rich Democratic Republic of the Congo (DRC) market to boost their sales in the face of a contracting economy, the country’s export promotions body has said. BY MTHANDAZO NYONI Many companies in Zimbabwe are reeling …

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