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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Govt targets $143m horticulture exports

Livingstone Marufu Business Reporter Government is targeting to surpass the $143 million mark from horticultural export proceeds next year after extending the sector to Command Agriculture Scheme. The country earned $143 million in 1999 at the peak of the sector and authorities feel the figure can be exceeded on the …

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ZIA, Bots sign investment MoU

Africa Moyo Business Reporter The Zimbabwe Investment Authority (ZIA) has signed a Memorandum of Understanding (MoU) with the Botswana Investment and Trade Centre (BITC), which is aimed at promoting investment opportunities that exist in the two countries. The MoU was signed on Friday night in Bulawayo on the sidelines of …

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Zim needs clear value addition strategy

Zimbabwe needs to come up with a clear beneficiation and value addition strategy that will translate to downstream and upstream economic activity. The current structural arrangement of the agriculture and mining industry which remains geared towards export of raw materials is not sustainable and not economically viable in the long …

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Zim SMEs sector promoting self-reliance

Zimbabwe’s informal sector is emerging as a key source of job creation with this year’s Workers Day commemorations bearing testimony of how the nation can reap more economic benefits from emerging entrepreneurs. The small scale entrepreneurs continue to operate and provide relevant skills, products and services that have a potential …

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The burden of compliance on SMEs

Dr Sanderson Abel SMEs and informal businesses in Zimbabwe today are facing numerous barriers to formalisation and growth. There are so many hurdles that are inhibiting the formalisation of small businesses that entrepreneurs end up giving up on efforts to formalise. Mostly the challenges emanate from the huge costs and …

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