Veld fire management tips

Veld Fires are blazes that get out of control, become wild, and in the process destroy extensive tracts of forests, grasslands, animals, people and their properties. This frequent burning has implication on carbon stocks and emissions, wildlife habitat; human health and life as well as livelihoods. Veld fires are a …

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Gaps in the current marriage framework

In the last few days, there has been much discussion about possible amendments to be made to the Zimbabwe marriage framework. Before any legislative amendments become law, they take the form of a draft Bill of Parliament which has to be published in the Government Gazette for public awareness. Only …

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Gold prices down

Gold prices are moderately down and hit a two-week low in early-morning US trading yesterday. So far this week, trader and investor risk appetite is more upbeat, which is bearish for the safe-haven gold and silver markets. June gold futures were last down $5,90 an ounce at $1,271.40. July Comex …

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Euro/USD falls

Price now falls to a fresh low since May 3 and will be aiming towards support around 1,1135-40 next. As it stands, the weakness in the pair is largely driven by dollar strength but that’s not to say that the euro isn’t weak either. The single currency is still rather …

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Zimnat offers small business affordable loans

At Zimnat we have a clear purpose: To make life better. Sustainable living should be commonplace for everyone. We look for opportunities to support, inspire, reward and collaborate with entrepreneurs. We call them change-makers, innovators who are the future of sustainable growth. Funding is the lifeblood of any business. Without …

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Vision 2030 should be anchored on value added exports

FOR many years Zimbabwe’s export earnings have been dominated by raw commodities from primary industries such as mining and agriculture. History has shown that increasing raw output from these sectors outside of domestic value addition has not made much impact in terms of real economic transformation and job creation. Primary …

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Forex shortages hamper BOC project

BOC Gases (Zimbabwe)’s plans to construct a carbon dioxide factory at Green Fuel Ethanol plant in Chisumbanje remains much alive, but this may take longer due to foreign currency shortages, according to its managing director Mr Edson Padya. About US$20 million is needed to construct the plant to purify carbon …

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‘Interbank rate for fuel long overdue’

The upward review of fuel prices by the Zimbabwe Energy Regulatory Authority (ZERA) with immediate effect, has elicited mixed reactions, but economists agree that while the move was inflationary, the decision was long overdue. ZERA reviewed fuel prices in line with the new foreign currency procurement by Oil Marketing Companies …

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Wet Blue Industries cuts ties with judicial managers

BY MTHANDAZO NYONI WET Blue Industries creditors have approved a resolution to remove the company from judicial management following the takeover of its parent company, Cold Storage Company (CSC) by Boustead Beef Zimbabwe. According to minutes of a special meeting held on May 7, 2019 in Bulawayo between judicial manager …

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Singapore firm sues TelOne over debt

BY CHARLES LAITON Government-owned telecommunications firm, TelOne (Pvt) Limited, has been taken to the High Court by a Singaporean Stock Exchange-listed company, Singapore Telecommunications Limited, which is seeking an order to compel the local company to settle a US$195 419 debt. Singapore Telecommunications Limited is an international firm engaged in …

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