Business

Farmers appeal to government over irrigation

AT LEAST 200 farmers in Chiwara Village under Chief Negove, Mberengwa, are appealing to the government to provide them with channelling pipes so they draw water to their fields from Chiwara Dam.  This comes as the farmers are now counting their losses after their fields are now drying up due to a lack of irrigation…

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Business

‘Zimbabwe must embrace digital learning’

EDUCATION deputy minister Edgar Moyo says schools and parents must embrace technologies to ensure that learners are not left behind in this digital era.  Moyo was speaking at the launch of the Open Distance Learning Modules (ODL) in Bulawayo at the weekend.  He commended parents and teachers for their efforts to keep classes going via…

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Business

‘Use ICT to better livelihoods’

INFORMATION Communication Technology (ICT) minister Jenfan Muswere has urged Zimbabweans to use ICTs to better their livelihoods.  Speaking at Nopemano in Matabeleland South where he was commissioning a base station, Muswere said technology is crucial for economic development.  “Our strongest desire is to see the Zimbabwean society utilising ICTs for better quality livelihoods, highly assured…

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Business

Duo defrauds partner of US$129m shares

TWO company representatives denied the charge of defrauding Mastow Investments director of shares worth US$129 million when their trial commenced yesterday at the Harare Magistrates’ Courts.  Tendai Jemwa allegedly connived with Shylet Banana and hatched a plan to steal shares from Thomas Masango and booted him out of the company using forged documents.  The duo’s…

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Business

Shah loses title deed case again

BUSINESSMAN Jayesh Shah has once again lost his High Court bid to cancel a title deed to a piece of land in Mt Pleasant, Harare, that was given to Equity Properties (Equity) by the Deposit Protection Corporation (DPC) after it settled a US$1.6 million loan it contracted from the defunct Interfin Bank. This comes as…

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OM eyes Vic Falls exchange listing

DIVERSIFIED financial services group Old Mutual (OM) is still considering listing on the Victoria Falls Stock Exchange (VFSE) as it seeks to put the financial interests of its investors at the fore.  Addressing journalists on the sidelines of the Palm River Hotel launch in Victoria Falls last week, Old Mutual chief executive Samuel Matsekete said…

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Business

Unique ‘cattle bank’ launched

SILVERBACK Asset Management Company on Wednesday launched Mombe Mari Trust — a fund created as an investment vehicle in the Zimbabwe beef industry — by identifying businesses that will contribute to the growth of the sector. Mombe Mari Unit Trust Fund is linked and secured by live cattle.Officially launching the trust, Agriculture deputy minister Vangelis…

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