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Powertel scoops Best Exhibitor Award @ ZITF 2018

Business Reporter Local Internet Access Provider and telecommunications giant, Powertel Communications, walked away with the coveted Silver Medal Award for setting up the 2nd Best ICT Exhibit during the ZITF 2018 showcase, following hot on the heels of Econet Wireless who scooped the Best ICT & Overall Exhibit Award. Expressing …

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2018 cotton selling season comes to life

Martin Kadzere Senior Business Reporter MOST cotton farmers have started delivering their harvested crop to common buying points ahead of the 2018 selling season expected to start next week. Following the rebound last season, output is expected to be “significantly higher” this year compared to 74 000 tonnes delivered last …

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POS machines reach 70 000

Livingstone Marufu Business Reporter Point of Sale (POS) machines increased 20 percent to 70 000 from 56 000 units by end of last year as the country moves closer to fulfilling targets set under the financial inclusion strategy and resolving the challenge of cash shortages. The Reserve Bank of Zimbabwe …

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Promoting public procurement integrity, good governance

Talent Dube Public procurement is central to government service delivery and it plays a significant role in the economy. Zimbabwe spends about 40 percent of its gross domestic product on government procurement in different sectors and local authorities, which involves huge sums of money. Given this situation, high value transactions …

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Govt begins rural road rehabilitation

Livingstone Marufu REHABILITATION of the country’s road network has received a boost after Treasury released $3 million to service and maintain graders. Government through Zimbabwe National Road Administration (Zinara) bought 80 graders that were distributed to the country’s Rural District Councils (RDCs), but some of them have been rendered unusable …

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House prices to fall 30 percent

Sean Poulter House prices could fall by as much as 30 percent over the next four years, it is predicted. That could wipe out all the increases brought by the buying boom since April last year. The thousands of buyers currently risking 100 per cent mortgages and borrowing up to …

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Wheat production tips

John Basera and Tegwe Soko Time of Planting The optimum time for planting winter wheat is between mid-April and the last week of May and even earlier in the Lowveld. Sometimes planting time can be extended to mid-June but not normally recommended. Delayed planting results in a loss of about …

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Demand for space at Old Mutual’s SME centre high

Enacy Mapakame Business Reporter OLD Mutual Zimbabwe says demand for space at its SME centre near Eastgate Mall in Harare is overwhelming with more than 1 000 small to medium enterprises (SMEs) having already submitted applications for tenancy. The SME centre, to cater for Zimbabwe’s fast growing SMEs sector is …

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Energy ministry builds $300k green building

Africa Moyo Property Reporter THE Ministry Energy and Power Development is constructing a $300 000 rated modern building in the Zimbabwe International Trade Fair (ZITF) grounds, which would not only be powered by solar, but will also feed any excess energy that would be generated, into the national grid. Permanent …

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ZCDC hits million carats in 4 months

Thandiwe Katinhimure Bulawayo Bureau STATE-owned diamond mining firm, Zimbabwe Consolidated Diamond Company (ZCDC), last week hit one million carats in line with its target in the first four months of the year. ZCDC chief executive officer, Dr Moris Mpofu, told our Bulawayo Bureau at the Zimbabwe International Trade Fair last …

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