Africa Environment Day commemorations

CELEBRATING NATURE The 2019 edition of the Africa Environment Day was commemorated jointly with the World Wildlife Day, Wangari Maathai Day and the National Clean-up Day. The event was hosted by the Environmental Management Agency and the Zimbabwe Parks and Wildlife Management Authority on March 1 2019, at Lake Chivero. …

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Gold, silver bulks

Gold prices are slightly down and silver prices are near steady in early US trading yesterday. The safe-haven metals bulls are trying to stop the recent price downdrafts that have produced some near-term technical damage. Gold hit five-week low Monday, while silver hit a nine-week bottom. April gold futures were …

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Zim hosts ITU meeting

Business Reporter Members of the International Telecommunication Union from across the world have started arriving in Victoria Falls for the ITU-T Study Group 13 meeting. The meeting, which started on Monday and ends on Friday next week, will be officially opened by the Information Communication Technology and Courier Services Minister …

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Rand trades sideways

South Africa’s rand weakened slightly early yesterday after some broad emerging-market momentum overnight faded with the dollar remaining close to a two-week high and investor caution ahead of local economic growth data. At 0630 GMT, the rand was 0,14 percent softer at 14,2200 per dollar, compared to its close of …

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Zim, Mozambique joint commission opens

Fidelis Munyoro and Innocent Ruwende The 11th session of the Zimbabwe-Mozambique Joint Permanent Commission on Defence and Security opened in Harare yesterday with the two countries expressing concern over smuggling of contraband and the influx of irregular migrants, particularly from the Great Lakes and the Horn of Africa. In his …

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Companies will embrace fuel rebate: CZI

Golden Sibanda Senior Business Reporter The Confederation of Zimbabwe Industries (CZI), Zimbabwe’s most influential industrial lobby group, believes all business entities where fuel makes up a significant component of operating costs, will embrace Government’s fuel rebate facility. This comes after the Government, through Zimra, recently introduced a fuel rebate system …

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ART secures partnership with Botswana company

Kudakwashe Mhundwa Business Reporter Amalgamated Regional Trading (ART), has secured a partnership deal with a Botswana-based firm for the distribution of its products in the Southern African country to increase volume growth as well as cutting distribution costs, as the paper and packaging group eyes export led growth. Chief executive …

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NSSA in door-to door company raids

BY TATIRA ZWINOIRA State-run pension fund, the National Social Security Authority (Nssa) says it will soon be conducting site visits to companies to demand outstanding contributions. In the 2017 financial year, Nssa contributions fell nearly 11% to $247,16 million from the previous year’s comparative of $276,52 million, showing a general …

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Rand inflation closer to US

The narrowing inflation differential between South Africa and the US signals long-term support for the rand and local-currency bonds, according to Standard Bank Group Ltd. Consumer-price increases in Africa’s most-industrialised economy slowed to 4 percent in January, in the lower half of the central bank’s 3 percent to 6 percent …

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Gold prices low

Gold and silver prices are lower in early US trading yesterday. Gold notched a five-week low, while silver hit a nine-week bottom. Risk-on trader and investor attitudes at present are hammering on the safe-haven metals. April gold futures were last down $12,10 an ounce at $1,287.00. May Comex silver was …

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