Chinamasa looks at Zisco debt with rose tinted glasses

BY TATIRA ZWINOIRA In a second reading of the Zimbabwe Iron and Steel Company (Debt Assumption) Bill during a late sitting of Parliament on Wednesday evening, Chinamasa explained measures to stop Zisco’s debt weighing government down. “It has been agreed with the Ministry of Industry, Commerce and Enterprise Development that …

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Swedes show interest in Zim

By Fidelity Mhlanga ND: May you tell us briefly about the Swedish companies that visited Zimbabwe last week? SC: The delegation was led by the Swedish-Southern Africa chamber of commerce (SSACC). The other companies represented include: Confidere — offers project management services for operations and projects in Sub-Saharan Africa. Swedfund — Development …

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Monthly gold output glitters

BY MTHANDAZO NYONI Data from the country’s sole gold buying unit, FPR, shows that the small-scale mining sector has maintained its production dominance over primary producers, as the sector produced 1,9 tonnes in April. Large-scale miners delivered 983kg of the yellow metal. Between January and April 2018, cumulative gold output …

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SA’s NUM seeks 37pc pay hike

JOHANNESBURG. —South Africa’s National Union of Mineworkers (NUM) has submitted wage hike demands in the gold sector of up to 37 percent over a two year period, according to a document submitted to the Chamber of Mines seen by Reuters. The demands far exceed the current inflation rate of 3,8 …

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Soil conditioning: A step by step guide

Soil pH is an excellent chemical indicator of soil condition (quality and its ability to avail both macro and micro nutrients to the crop) on top of other soil structural quality properties. The soil pH also affects microbial activities in the soil which can impact crop growth and yield. Why …

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Busy day for Zim exhibitors at Indaba

Isdore Guvamombe in Durban, South Africa Zimbabwe, which has a record 51 companies exhibiting at the African Travel Indaba in Durban South Africa, has become an unprecedented hive of activity as tourist wholesalers, buyers, investors and tour operators from across the spectrum, flock to seek investment, travel and tourism opportunities …

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How to manage performance

The establishment of an effective performance management system requires time and resources and therefore the support of the board, executive and other senior management. When developing a new performance management system process, an organisation can set up a committee made up of employees, managers and board members to increase buy-in, …

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Change of vehicle ownership simplified

What is special excise duty? Special Excise Duty is charged in terms of Section 172 of the Customs and Excise Act (Chapter 23:02). It is a tax levied on sale, transfer or disposal of second hand vehicles on change of ownership. Definition of a second hand motor vehicle A second-hand …

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ZMDC calls Chinese firm to order

The Zimbabwe Mining Development  Corporation (ZMDC) is prepared to cancel the joint venture agreement it has with Chinese firm, Beijing Pingchang for the resuscitation of Kamativi tin mine, following delays in consummating the deal. ZMDC and Beijing Pingchang, a former subsidiary of China Railways, signed the deal in 2015 which …

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