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Zimbabwe: Tobacco Farmers Lavish Praise On Timb

By Runyararo Muzavazi The increase in the number of tobacco auction floors has triggered cut-throat competition among the players in the sector, a situation that farmers say has brought great improvement in service delivery and the marketing of their crop. Zimbabwe has a total of three licensed auction floors and …

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Zimbabwe: Rains to Persist

Rainfall activity is expected to continue throughout the week, although precipitation levels have decreased from a high of about 223mm to about 50mm in some parts of the country, the Meteorological Services Department (MSD) has said. Speaking to journalists yesterday, a meteorologist with the department Mrs Chenai Sithole attributed the …

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Zimbabwe: Zetdc Sued Over $80k Debt

By Daniel Nemukuyu Zimbabwe Electricity Transmission and Distribution Company (ZETDC), a subsidiary of ZESA Holdings, could lose its property after it failed to settle a debt of $79 457 to a local motor spares firm. Clover Leaf Motors (Pvt) Limited supplied spares and repaired vehicles for ZETDC, but the power …

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Zimbabwe: Trial Date for Diamond Firm Ex-Boss Mabhudhu

By Fungai Lupande The trial of former acting chief executive officer of Zimbabwe Consolidated Diamond Company (ZCDC), Mark Mabhudhu, accused of swindling the company of over $70 000, was yesterday set for March 27. Mabhudhu (48) is facing charges of theft of trust property and appeared before Harare magistrate Ms …

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Zimbabwe: ZPC Eyes $1,2bn Financial Closure for Hwange

THE Zimbabwe Power Company is targeting financial closure for the $1,2 billion Hwange Power Station capacity expansion project by April this year, well placed company sources said. This comes after ZPC, through a tender process conducted by State Procurement Board, awarded the contract for the 600MW capacity expansion of Hwange …

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Southern Africa: ‘SADC Must Self-Fund’

By Zvamaida Murwira The Southern African Development Community should explore ways to fund its programmes because having development partners bankroll a fraction of its activities is not sustainable, Deputy Minister of Foreign Affairs Edgar Mbwembwe has said. Deputy Minister Mbwembwe said while there had been a significant improvement in the …

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Zimbabwe: Govt Commits to Pay Civil Servants Bonuses

By Paidamoyo Chipunza and Nyemudzai Kakore Government is committed to paying civil servants their full 2016 bonuses and those calling for industrial action should give dialogue a chance, Public Service, Labour and Social Welfare Minister Prisca Mupfumira, said yesterday. The Minister’s remarks follow threats by civil servants under their umbrella …

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Zimbabwe: $200 000 Equipment Boost for Mining Co-Op

By Walter Nyamukondiwa A Chegutu-based youth mining cooperative directly supporting about 6 000 people has entered into partnership with a local engineering company to mechanise their operations. This is set to galvanise the contribution of artisanal gold miners to Fidelity Printers and Refiners, the Reserve Bank of Zimbabwe’s gold buying …

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‘Input reduction costs the way to go’

Conrad Mwanawashe Business Reporter REDUCING input costs and importation of finished products which can be made in Zimbabwe will see an immediate revival of the milling sector.The parliamentary portfolio on Agriculture, Lands, Mechanisation and Irrigation Development heard last Friday from two of the country’s biggest millers, Blue Ribbon Foods and National …

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ZCDC acquires $30m diamond equipment

Business Reporter THE Zimbabwe Consolidated Diamond Company will soon take delivery of $30 million equipment from Belarus to enable it to process kimberlite diamonds, chief executive Dr Reggie Nyashanu said last week. The equipment is being acquired under a local facility arranged by the Reserve Bank of Zimbabwe and is …

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