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Seed Co invests US$10m in dryers

Enacy Mapakame Business Reporter ZIMBABWE’s largest seed producer, Seed Co Limited is investing US$10 million towards development of seed-drying facilities to expedite delivery of seed to the market...

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Opposition candidate Abubakar signs election peace accord

Alhaji Atiku Abubakar, the People’s Democratic Party (PDP) presidential candidate, has signed the Peace Accord. The former Vice President signed the Peace Accord at the Kukah Centre on Wednesday in...

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Barcelos opens shop in Harare

South African fast-food giant Barcelos Flame Grilled Chicken restaurant is set to open its first Harare branch this week, following the opening of another outlet in Bulawayo. Barcelos is a renowned...

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Intratrek wins $25m ZPC lawsuit

The Zimbabwe Power Company (ZPC) has lost a High Court case in which local private firm, Intratrek Zimbabwe, had sought an order declaring a multi-million dollar contract signed between the parties on...

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Gold prices flat as dollar steadies, equities tick up

Gold was little changed on Thursday as the dollar steadied and equities climbed on signs of easing trade tensions between the United States and China, while palladium rose to a record high, trading at...

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Mining sector revolution gathers pace

The transformation of the mining sector is gathering momentum as the country seeks to generate more revenue from value addition, with President Emmerson Mnangagwa expected to commission...

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Oil prices edge up

Oil prices edged higher on Thursday, after data showed inventory declines in the United States and as investors began to expect that the global oil market could have a deficit sooner than they had...

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Zim explores markets for lithium carbonates

Zimbabwe is on the verge of attaining global prominence through the widely sought after lithium after fledgling lithium mining company, Prospect Resources, recently exported 100 kilogrammes of lithium...

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LG Foods plans to boost capacity

Africa Moyo Senior Business Reporter GOVERNMENT’S drive to reindustrialise Bulawayo is gathering pace, with LG Foods Industries planning to ramp up production to 100 percent by Mach next year, from...

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Ecobank Gives Back to Society

By Africa Moyo ECOBANK Zimbabwe officials have invested thousands of dollars back into the community in line with the pan-African financial institution’s philosophy. The bank’s staffers recently spent...

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Aurex Revises Pricing Structures

JEWELLERY consumers are warming up to Aurex (Pvt) Limited’s new pricing structure of 70 percent foreign currency and 30 percent RTGS, bond notes or mobile money, amid indications that the firm...

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Barcelos Opens Shop in Harare

By Princess Ncube South African fast-food giant Barcelos Flame Grilled Chicken restaurant is set to open its first Harare branch this week, following the opening of another outlet in Bulawayo....

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Seed Co Invests Us$10m in Dryers

By Enacy Mapakame ZIMBABWE’s largest seed producer, Seed Co Limited is investing US$10 million towards development of seed-drying facilities to expedite delivery of seed to the market and reduce...

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Suspended Zbc Boss Contests $1m Suit

By Daniel Nemukuyu Suspended ZBC head of News and Current Affairs Tazzen Mandizvidza, who is being sued for $1 million by his employer, wants the public broadcaster to furnish him with further...

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Natpharm to Open Retail Outlets

By Sibongile Maruta The National Pharmaceutical Company (NatPharm) will open retail pharmacies soon to ensure drugs are sold at affordable prices in flexible currency and not specifically the United...

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Intratrek Wins $25m Zpc Lawsuit

The Zimbabwe Power Company (ZPC) has lost a High Court case in which local private firm, Intratrek Zimbabwe, had sought an order declaring a multi-million dollar contract signed between the parties on...

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Govt Partially Fulfils Doctors’ Demands

By Sibongile Maruta GOVERNMENT met striking doctors yesterday and urged them to resume work as some of their grievances had been addressed. Health and Child Care Minister Dr Obadiah Moyo met the...

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Chiredzi Farmers Appeal for Fuel

By Tawanda Mangoma Farmers in Chiredzi have implored Government to ensure farmers have access to fuel and enable them prepare the land saying they were spending time at service stations. In an...

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Cassava Smartech Listing On Tomorrow

By Enacy Mapakame Econet Zimbabwe’s fintech business Cassava Smartech Zimbabwe Limited (CSZL) will list on the Zimbabwe Stock Exchange (ZSE) tomorrow. This comes after regulatory approvals to spin off...

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S&P drops Zim companies

S&P Dow Jones says it will remove Zimbabwean domiciled companies from its indices next Monday due to local inflationary pressures and forex shortages, a development that will constrain the...

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