China, US trade talks progressing well

BEIJING — China and the United States have made plans for face-to-face consultations over trade in January, the Chinese commerce ministry said yesterday, as the world’s two biggest economies advanced efforts to resolve a months-long trade war. Consultations through “intensive” telephone calls will continue in the meantime, Gao Feng, spokesman …

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Farmers call for cloud seeding

Ishemunyoro Chingwere Business ReporterZimbabwe Commercial Farmers’ Union (ZCFU) has called on Government to consider cloud seeding in the wake of the unreliable rainfall patterns characterising 2018 /19 agricultural season. Some parts of the country have experienced prolonged dry spells of close to three weeks, a situation that has affected germination …

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PRAZ seeks Gwanda solar project details

Business ReporterThe Procurement Regulatory Authority of Zimbabwe (PRAZ) has written to Intratrek Zimbabwe seeking clarification on all matters regarding the Gwanda solar project, chief among them payments and progress reports. The full details requested by PRAZ entail exact dates for contract commencement, end dates of the contract, dates when the …

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Govt issues another ethanol licence

Ishemunyoro Chingwere Business Reporter Government has issued a third ethanol production licence to a yet to be disclosed company as a way to curb shortages of the blending liquid. This is in light of an increase in fuel consumption in the country. The development was announced by the Zimbabwe Energy …

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Brisk business on Christmas Day

Africa Moyo Senior Business Reporter Traders recorded brisk business on Christmas Day, with most supermarkets and informal businesses swarmed by consumers for the better part of the day. In Central Harare, a number of supermarkets such as Pick ‘n Pay had unusually high numbers of customers buying soft drink, bread, …

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‘Zim taxes not high’

Africa Moyo Senior Business Reporter The Zimbabwe Revenue Authority (Zimra) says Zimbabweans are not highly taxed as claimed by some sections of society. Most of these taxes compare favourably with the rest of Sub-Saharan countries, Zimra Commissioner General Ms Faith Mazani, said this last week while fielding questions after unpacking …

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Delta moves to consolidate regional markets

ZIMBABAWE’S largest beverages manufacture, Delta Corporation, says it is tying up a deal to acquire United National Breweries (UNB) of South Africa. By Freeman Makopa UNB manufactures and distributes traditional African (sorghum or opague) beer in South Africa. The products are marketed under the Chibuku, Leopard, Ijuba, Tlokwe and Joburg …

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Heifer imports to up milk production

THE Zimbabwe Association of Dairy Farmers (ZADF) says it will import at least 1 000 heifers next year to boost milk production currently hovering at around six million litres per month, an official has said. BY MTHANDAZO NYONI ZADF chairperson Kudzai Chirima told NewsDay in an interview recently that the …

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TelOne anticipates $128m revenue

Africa Moyo Senior Business ReporterTELONE is forecasting an 8 percent jump in revenue to $128 million this year, driven by broadband and data revenue, which have been performing relatively well throughout the year. The revenue is expected to rise by $10 million from last year’s $118 million. TelOne managing director …

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Consumer remains king

Ishemunyoro Chingwere Business ReporterBusiness proprietors should remain customer centred even during times when demand for goods and services appears to be outstripping supply, according to Chartered Institute of Customer Relationship Management (CICRM) executive director Dr Mthokozisi Nkosi. Customer centredness helps build personal relationships with consumers. This year’s festive season has …

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