Govt, business consult on Africawide FTA

GOVERNMENT has opened consultations with industry on rules of origin (RoO) for the ambitious African Continental Free Trade Area (AfCFTA) aimed at promoting duty-free flow of goods and services originating in the bloc. BY MTHANDAZO NYONI The consultations, which are being convened by the Ministry of Industry and Commerce, commenced …

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Know your role in veld fire management

Veld fires have become one of the greatest environmental challenges of our time, causing so much destruction to Zimbabwe’s natural resources, property and human life. In the past decade, 104 lives have been lost as a result of veld fires during the dry season. This environmental issue has also impacted …

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Local firm spreads tentacles

Business Reporter CUMII Technologies, an Econet Group internet of things (IoT) company that provides on-demand services, has expanded its continental footprint after launching its Business-to-Business Tasknites programme in Ethiopia recently. The organisation, which already has presence in Botswana, Rwanda, Malawi, Zambia, Burundi, Kenya, Tanzania and South Africa, provides low-cost research …

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Bread, transport fares up

The price of bread has gone up while transport fares have also moved northwards, a clearest sign of increased economic turmoil coming on the back of recent monetary and fiscal policy measures. BY TATIRA ZWINOIRA It now costs $1,50 to buy a standard loaf of bread, 50% more expensive and …

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Govt to stimulate FDI with global tenders

FINANCE minister Mthuli Ncube says government will accelerate the reform of State-owned Enterprises (SoEs) and parastatals, starting with quick hits such as TelOne, NetOne and the People’s Own Savings Bank (POSB), which will be shed-off “in the next six months”. BY FIDELITY MHLANGA SoEs and parastatal reform is a key …

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More exhibition space for Mine Entra, rates slashed

THE Zimbabwe International Trade Fair (ZITF) Company has opened more exhibition space for the Mining, Engineering and Transport (Mine Entra) expo taking place this week to accommodate more exhibitors after a record spike in occupancy on rising business confidence in the sector. BY MTHANDAZO NYONI The expo will run from …

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CABS makes headway in long-term financing

Central African Building Society (Cabs) says it is focused on providing long-term finance and has already secured over $30 million in credit lines, which is ready for disbursement to export-oriented productive sectors, managing director Simon Hammond has said. BY MTHANDAZO NYONI The wholly-owned Old Mutual Zimbabwe subsidiary is the largest …

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ZCTU opposes IPEC regulation of NSSA

THE Zimbabwe Congress of Trade Unions (ZCTU) has objected to the Insurance and Pension Commission (Ipec)’s proposal to regulate the National Social Security Authority (NSSA). BY FIDELITY MHLANGA ZCTU president Peter Mutasa, giving a talk at the Safety and Health at Work (SHAW) conference held by NSSA last week, said …

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BCC to shed off Ingwebu Breweries

Bulawayo City Council’s privatised Ingwebu Breweries requires $20 million in fresh capital for retooling and is looking for potential investors, acting managing director Johannes Gumbo has said. BY MTHANDAZO NYONI Ingwebu operated as a wholly-owned business entity of the BCC through Bulawayo Municipal Commercial Undertaking from 1996 to 2016. Following …

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