Global business principles – local nuances

By CHARLES DHEWA It is not yet clear whether an African business student will also come back home and conduct business the African way. While business principles may remain the same across the globe, local nuances are increasingly determining the difference between growth and stagnation, success and failure. Responding to …

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Zimnat to host trade credit insurance conference

BY BUSINESS REPORTER In a statement yesterday, Zimnat official, Stanley Mazorodze said the conference would promote the understanding of trade credit insurance and the critical role it can play in building an economy. “We hope it will encourage synergies between stakeholders involved in trade, finance and credit in promoting Zimbabwe’s …

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Govt clueless on dealing with fuel price hikes

BY TATIRA ZWINOIRA The price of petrol and diesel rose by a cent this week to $1,42 and $1,29, respectively, in Harare, while fuel is slightly more expensive in other cities. In emailed responses to NewsDay late on Tuesday, Zera chief executive officer, Gloria Magombo said there was nothing untoward …

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‘Remove indigenisation threshold on diamond, platinum’

By VENERANDA LANGA Manhando said this when he appeared before the Parliamentary Portfolio Committee on Mines and Energy on Monday, wherein, he told parliamentarians that the diamond and platinum sectors were very capital intensive. “We appreciate the government’s position to relax other minerals, but I think this should have been …

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Command Agric abusers cannot be jailed

Government cannot institute criminal proceedings against farmers who misuse agricultural inputs and produce under the Command Agriculture scheme, as the contracts between the two parties are of a civil nature and can only attract civil remedies, the Parliamentary Legal Committee has said. In July last year, the government gazetted Statutory …

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Raising resources for small enterprises

Dr Sanderson Abel Financing enterprises is not an easy thing, more so for small businesses which at times are not formal. For any funder to be able to release resources to an enterprise he/she needs to acquaint him/herself with a lot of information pertaining to the enterprise. Most people kill …

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SME complex opens in June

Taurai Mangudhla Senior Business Reporter LISTED construction firm Masimba Holdings is putting final touches to the construction of Old Mutual’s $21,4 million Small to Medium Enterprises (SME) centre in Harare, targeting its official opening in June. The mall was initially scheduled for completion this month and has missed the deadline. …

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