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Zim telecoms quality and services improve

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HARARE – Zimbabwe’s telecommunications quality and services has improved in the last few years due to infrastructure and network upgrades, the sector’s regulator has said. The Postal and Telecommunication Regulatory Authority official Shingirai Marufu said the country now has one of the highest call connection success rates in the world following the promulgation of Statutory…

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Zesa to install 30 000 prepaid meters

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HARARE – National power utility, Zesa Holdings (Zesa), says it plans to install 30 000 prepaid meters in the coming three months under the 100 days Rapid Results Initiative. Energy minister Simon Khaya Moyo said the Zimbabwe Energy Regulatory Authority (Zera) is licensing private agencies who will sell prepayment meters to the public under the…

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Tourism should begin at home: Mupfumira

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HARARE – The minister of Tourism and Hospitality Industry Prisca Mupfumira, yesterday encouraged locals to favour local tourist destinations over international destinations. Mupfumira said Zimbabweans have a tendency to give first place to international tourist destinations at the expense of the local tourism industry. She implored locals to consider local tourist destinations first before looking…

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Safeguard introduces transparent burglar bars

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HARARE – It is now possible to install transparent burglar bars at homes, lodges and other buildings in Zimbabwe, providing security against intruders without spoiling the view outside. Conventional metal burglar bars are a deterrent for burglars wanting to enter a building through a window but may not be ascetically pleasing and may spoil the…

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Unki production down

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HARARE – Anglo American Platinum (Amplats) says production at its Zimbabwean unit, Unki Platinum, decreased 16 percent to 36 600 ounces due to planned maintenance to the mill feed silo at the concentrator, which was completed in December 2017. “The ore stockpile ahead of the concentrator will be processed in 2018. Platinum production was down…

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Zim risks missing gold targets

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HARARE – Zimbabwe risks falling short of its 26 tonnes gold production target this year due to liquidity challenges that have seen small- scale miners selling the precious mineral across the country’s borders.  The sector has recovered from its three-tonne nadir recorded at the height of Zimbabwe’s economic crisis in 2008, but is still short…

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Jaggers disposes of Ardbennie building

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HARARE – Former Jaggers Wholesalers building in Ardbennie is set to go under the hammer on Saturday in the ongoing liquidation of the country’s largest wholesaler. The sell is meant to raise money to pay creditors, who are owed over $13 million, their final dividend. In a notice yesterday, the property will be auctioned by…

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‘Marange environmental damage costs $20 million’

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HARARE – Seven diamond companies that operated in the Marange area from 2007 to 2015 mined the area without rehabilitating mined out areas and the environmental reclamation exercise is estimated to cost well over $20 million, Zimbabwe Consolidated Diamond Company (ZCDC) chief executive Morris Mpofu has said. Mpofu said no provision was set aside to…

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Zim targets Rwanda

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HARARE – Zimbabwean investors are expected in Rwanda today to explore investment opportunities in various sectors, including ICT, agriculture, manufacturing, real estates finance and energy. The 35-member business delegation led by Zimbabwe National Chamber of Commerce president Devine Ndhlukula will also be seeking partnerships with local firms as part of efforts geared at boosting trade…

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Industry calls for commodity exchange

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HARARE – Zimbabwe’s business community has advised the government to resuscitate the country’s commodity exchange in a bid to boost agricultural production. The country previously had a thriving commodity exchange, which was closed in 2001 when government gave the monopoly on corn and wheat trading to the Grain Marketing Board (GMB). Efforts to revive the…

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