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Seed Co, Boost Fellowship team up for challenge

Michael Tome Business Reporter Boost Fellowship, an affiliate to Enactus, has partnered Seed Co to sponsor Boost Innovation Challenge, an initiative meant to develop technological and inventive ideas...

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Kwesé Iflix Hits 5 Million Users in Zimbabwe

Media streaming service, Kwesé iflix, now has more than 5 million users in Zimbabwe and continues to grow rapidly, according to Econet Wireless Zimbabwe CEO Mr Douglas Mboweni, who says the platform...

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‘ED sincere on economic reforms’

From Africa Moyo in Nyanga PRESIDENT Emmerson Mnangagwa is “sincere” in his efforts to transform the country’s economy through instituting measures such as roping technocrats into Government, and a...

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Editorial Comment – We Can Expect Austerity This Afternoon

MANY have unrealistic hopes, unfounded fears and serious misunderstandings over what Finance and Economic Development Minister Prof Mthuli Ncube will announce this afternoon when he presents his first...

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Mining to drive revival

Ishemunyoro Chingwere Business Reporter THE mining sector is expected to play a key role in the country’s economic revival and growth, Finance and Economic Development Minister Professor Mthuli Ncube...

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Economy set to grow by 3,1pc

Enacy Mapakame Zimbabwe’s economy is projected to grow by 3,1 percent in 2019, which is lower than the 2018 anticipated growth of 4 percent, on subdued agriculture performance due to unfavourable...

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The Moment We’ve All Been Waiting for . . .

By Victoria Ruzvidzo “The term ‘development’ in international parlance encompasses the need and the means by which to provide better lives for people in poor countries. It includes not only economic...

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All Eyes On 2019 Budget Proposals

By Africa Moyo ALL eyes are on Finance and Economic Development Minister Professor Mthuli Ncube as he presents his 2019 National Budget proposals in Parliament today, the first in the Second Republic....

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Mutare Traders Opt for Mozambican Currency – Shun Bond Notes

Mutare — Locals importing second-hand merchandise and basic commodities from neighbouring Mozambique are now rejecting payment in Bond Notes, demanding instead the Mozambican Metical or the US dollar....

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Govt Avails U.S.$53 Million Compensation to Former White Farmers

By Jeoffrey Ncube Government has set aside US$53 million towards compensation of former white farmers affected during the Land Reform Programme, Finance Minister Professor Mthuli Ncube has said....

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Mthuli’s budget: The good, bad and ugly

In September, while meeting fund managers in New York, Finance minister Mthuli Ncube said what the economy needed was a “big bang”, a shock to the system. A week later, he brought that big bang; on the...

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Parly urged to oversee govt spending

PARLIAMENT has to keep strict checks and balances on government expenditure to control the budget deficit, economists have advised. BY FIDELITY MHLANGA/TATIRA ZWINOIRA Last week, Finance minister...

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Govt in Massive Oilseed Project

By Walter Nyamukondiwa Government has mobilised funding to roll out massive production of oilseed crops to meet local oil needs within four years, President Mnangagwa has said. The major project will...

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Bulawayo luxury shoemaker withers in economic turmoil

ONE of the country’s leading shoe manufacturers, Millennium Footwear, has fallen on hard times. It manufactures shoes from exotic leathers, which include elephant, crocodile, ostrich, buffalo and...

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NSSA Channels U.S.$20 Million Offshore to Protect Pensions From Weakening...

Public Service Minister Sekai Nzenza says government has allowed the National Social Security Scheme (NSSA) to invest US$20 million offshore in attempts to preserve the value of pension contributions...

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150 000 Cars Face De-Registration

By Tendai Mugabe More than 150 000 vehicles whose owners failed to renew their licences for two years as of July 31 this year face de-registration once the notice has been published in the Government...

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Zim to Open Up Airspace

By Zvamaida Murwira There is need to expeditiously revive Air Zimbabwe as part of Government’s ongoing efforts to overhaul the transport infrastructure sector and liberalise airspace in line with the...

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Why ‘Blue Economy’ matters to Africa

In Kenya, the big economic talk is about something called “Blue Economy” conference that started in Nairobi yesterday. The term “Blue Economy” sounds exotic, elitist, and maybe romantic in part because...

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Anchor wage talks on 10pc inflation: RBZ

Africa Moyo recently in NYANGA The Reserve Bank of Zimbabwe (RBZ) says employers and labour unions should anchor any wage negotiations for next year on the projected 10 percent year-on-year inflation....

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‘Engage local firms to save forex’

Enacy Mapakame Business Reporter Priority in public procurement tenders must be awarded to local companies ahead of foreign contractors to boost local industry as well as save foreign currency,...

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