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South Korean  investor visits Zim

© A PROMINENT South Korean investor, Jung-Yul Choi, is in Zimbabwe to scout for investment opportunities. [GoogleAd] The Koala Company chief executive is also expected to visit various projects across the country run by Lions Club Zimbabwe.  The local unit was involved in the just-ended fight against rubella measles in partnership with the Health and…

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Cellmed banks on partnerships

© CELLMED Health rMedical Fund says it is targeting to be the largest medical insurer by 2022 through product innovation and partnerships. [GoogleAd] Cellmed Health head of operations Munyaradzi Chipunza said the fund currently has a robust network and key clientele to ride on. “At the moment we are the fifth largest insurer, but we…

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Industry speaks on 2020 national budget

© THE Confederation of Zimbabwe Industries (CZI) has come up with a cocktail of measures that they said Finance minister Mthuli Ncube should consider in the 2020 National Budget if industry and business are to survive next year. [GoogleAd] This comes as industry’s operations have been depressed due to foreign currency shortages, high cost of…

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‘Deploy diamonds to clear debt’

© ZIMBABWE should leverage on its huge diamond endowment to retire its $19,7 billion debt, according to analysts at Morgan&Co. [GoogleAd] It says Zimbabwe’s debt distress is among the biggest threats to efforts to end a deepening economic crisis, highlighted by a relentless inflationary charge. And after failing four years ago to lay out a…

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Zim targets US$7,2 billion exports

© THE Foreign Affairs and International Trade ministry launched the country’s National Trade Policy and Export Strategy targeting US$7,2 billion from the export of goods and services annually. [GoogleAd] Launching the Zimbabwe National Trade Policy and the Export Strategy, in Bulawayo special adviser to the minister Stuart Comberbach said the thrust of the national trade…

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Chamber of Mines rallies US$12bn roadmap

© THE Chamber of Mines of Zimbabwe (CoMZ) says it fully supports government’s vision of attaining a US$12 billion mining sector by the year 2023. The chambers’ president Elizabeth Nerwande said the journey towards a US$12 billion mining sector inside four years would entail all stakeholders working together with unity of purpose, clarity and determination….

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Ferro-chromium exports plunge

© FERRO-CHROMIUM exports plunged by six percent during January and July 2019 compared to the same period last year on account of slowdown in demand in major developed markets, latest government figures show. Ferro-chromium is an alloy comprised of iron and chromium used primarily in the manufacturing of stainless steel and government had projected a…

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Telecel shares saga rages on

© THE battle for shares in Telecel Zimbabwe (Private) Limited between a war veterans organisation Magamba Echimurenga Housing Trust and businessman James Makamba and nine other entities, has been set down for hearing today. High Court judge Edith Mushore is set to preside over the application, which was filed sometime last year. [GoogleAd] In the…

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Industry urges govt to be disciplined

© THE Confederation of Zimbabwe  Industries (CZI) says government should maintain fiscal discipline so that the economy does not suffer challenges of fiscal slippages. This comes as the country is facing its worst economic crisis in a decade resulting in industrial operations remaining depressed due to foreign currency shortages, high cost of doing business, high…

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Mbano Manor Hotel opens in December

© VICTORIA Falls’ newest luxury boutique hotel will open its doors to travellers on December 20, 2019, with a special opening package from US$500 per person per night. The eight-suite hotel, brings a unique bespoke experience to global, high-end travellers visiting one of the world’s seven natural wonders, the Victoria Falls. [GoogleAd] The all-suite premium…

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