Seed Co launches new maize seed varieties

Kumbirai Tarusarira Pan Africa seed company, Seed Co, this week launched climate-smart high yielding and stable hybrid maize varieties that are expected to yield much more than currently available products within respective maturity groupings, a senior company official has said. The two varieties, SC529 and SC649, which according to officials, …

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Fidelity resumes training for small-scale miners

Ishe Chingwere Business Reporter State gold buying entity Fidelity Printers and Refineries will next month resume small-scale miners’ training programme that is aimed at equipping them with key knowledge needed in their operations. Fidelity introduced the Certificate in Fundamentals of Mining programme in conjunction with the Zimbabwe School of Mines …

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Oil prices mixed

Oil prices were mixed yesterday, with Brent extending the previous session’s rise, but gains were kept in check amid growing fears over the impact of a global economic slowdown on demand. Brent added 16 cents, or 0,2 percent, to $68,13 by 0706 GMT, reversing earlier losses, and was not far …

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Rand falls

South Africa’s rand extended its losses against the dollar yesterday, with the greenback edging higher as US. Treasury yields, the subject of much attention and concern, stabilised. At 0645 GMT, the rand traded at 14,4700 per dollar, 0,42 percent weaker than its New York close on Tuesday. “The rand continues …

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ZTA, Air Tanzania relations bear fruit

Prince Chidzvondo Business Reporter The relationship between Zimbabwe Tourism Authority (ZTA) and Air Tanzania continues to bear fruit as the country welcomed 10 travel agents from Dar es Salaam into Harare this week. The delegation from Dar es Salam, which includes travel and consultant agents, bloggers and Air Tanzania representatives, …

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Nzenza urges industry to uphold safety precautions

Michael Tome Business Reporter Industry must uphold safety precautions to minimise fatalities in workplaces as occupational accidents are detrimental to productivity, Public Service, Labour and Social Welfare Minister Sekai Nzenza has said. Officially opening the ongoing NSSA engineers workshop on occupational safety and health in the capital, Permanent Secretary in …

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Exchange liberalisation right step: ICAZ

Ishemunyoro Chingwere Business Reporter THE liberalisation of the foreign exchange rate by the Reserve Bank of Zimbabwe (RBZ) in this year’s Monetary Policy Statement (MPS) has standardised financial reporting and done away with distortions emanating from the previous 1:1 exchange rate, the Institute of Chartered Accountants of Zimbabwe (ICAZ) has …

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‘Exploit ED’s openness for success’

Africa Moyo recently KARIBA EMPLOYERS have been advised to take advantage of President Mnangagwa’s keenness to engage and ensure regular meetings with Government to influence policy and drive economic prosperity, a labour expert has said. Mr George Makings, a veteran labour law analyst, told delegates during the Employers’ Confederation of …

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Cyclone Idai hits Manicaland business

Cletus Mushanawani in Chimanimani THE devastating Cyclone Idai has affected Manicaland’s agro-based industry thereby reducing exports, while players in the small to medium enterprises sector were either forced to close shop or downscale operations. The most affected big players include Border Timbers, Wattle Company, Allied Timbers, Tanganda, Matanuska, and Manica …

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