Economy remains top priority: ED

PRESIDENT Emmerson Mnangagwa says his administration will continue to prioritise revival of the economy as it has lagged behind for many years. BY TATIRA ZWINOIRA Mnangagwa was speaking at the “Old Mutual Anchoring in Africa” dinner that took place in Harare on Tuesday where he stated that government was committed …

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Miller seeks $90k for equipment

BULAWAYO-BASED milling company, Buntu Foods Private Limited, said it was seeking $90 000 for equipment and raw material purchases. BY MTHANDAZO NYONI The company’s operations director, Godfree Ndlovu-Mgumba, told NewsDay yesterday that they needed close to $100 000 for machinery and raw material purchases. “We are challenged with sourcing of …

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Google retires Doubleclick, AdWords brand names

NEW YORK — Alphabet Inc’s Google announced on yesterday the biggest-ever rebranding of its advertising software, retiring the DoubleClick and AdWords brands to streamline entry points for advertisers and ad sellers. Reuters Google executives said its fees are not changing, and no services are merging. The company will retain the …

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Prepping your business for investment

WhilE currently “Zimbabwe is open for business”, it will be in business post the 30 July plebiscite. No matter what the outcome is, economic activity is expected to rise and it is up to you to prepare your business for the upsurge. Most of the local enterprises will require investment …

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United Refineries adopts fortification

Prosper Ndlovu Bulawayo Bureau GIANT agro-processor United Refineries Limited has adopted food fortification as part of its long-term business model in keeping with the country’s nutrition policy and global trends. Food fortification or enrichment is the process of adding micro-nutrients, essentially trace elements or vitamins, to food, which can lack …

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DRC expo: Good return for Zim firms

Own Correspondent The recently ended DRC Mining Week at which 10 Zimbabwean companies exhibited under the ZimTrade banner, kickstarted negotiations for nearly $3 million worth of business deals for Zimbabwean mining and mining inputs companies. The Expo was held in Lubumbashi from June 13 to 15 and companies have returned …

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Manufacturing sector requires $2bn: CZI

Tawanda Musarurwa Zimbabwe’s manufacturing sector requires around $2 billion in capital funding for optimum operation, the Confederation of Zimbabwe Industries (CZI) has said. CZI president Sifelani Jabangwe pinpointed the pharmaceutical sector and agro-industry as the key sub-sectors most in need of urgent funding. “In total, to kick-off all the sub-sectors …

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Tax amnesty 2018 in respect of motor vehicles

In an effort to encourage our valued clients to regularise their tax obligations, the Government has, through the Finance Act No. 1 of 2018 published on 15 March 2018, made provisions for granting of a tax amnesty to persons on application. Persons include companies, corporate or unincorporated body of persons …

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Digital platform for Zim businesswomen

Tawanda Musarurwa The Common Market for Eastern and Southern Africa (Comesa) has launched the 50 Million African Women Speak (50MWS) Digital Networking platform in Zimbabwe. The digital platform is part of a broader women economic empowerment initiative funded by the African Development Bank, jointly implemented by three regional economic communities …

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