Day: July 26, 2017

Govt sets targets for SEZ board

The Minister of Industry and Commerce, Dr Mike Bimha has implored the Special Economic Zones board to work hard in mobilising investment to the country, saying failures of the past should not be repeated. Minister Bimha was speaking during a courtesy call by the newly setup board led by former Reserve Bank of Zimbabwe (RBZ) Governor, Dr Gideon Gono in Harare this Wednesday. Dr Bimha said the entity should study the current models of special economic zones that have been earmarked for Sunway City in Harare, Bulawayo and Victoria Falls and come up with a model that they think...

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Eskom threatens to switch off ZESA

South African power utility, Eskom has threatened to switch off ZESA Holdings by the end of this month if it fails to adhere to the agreed payment plan. The government through ZESA Holdings agreed to pay US$10 million monthly to Eskom as part of settling power arrears which had reached US$43 million dollars. Owing to inadequate foreign currency, sources say part payment was made this month which did not satisfy the South African power utility, hence the threats to switch off ZESA Holdings by the end of this month if payments are not made. Sources could not be drawn...

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Sanganai/Hlanganani over-subscribed

Organisers of the Sanganai/Hlanganani World Tourism Expo say they have received over 100 percent bookings of their target from companies and buyers to participate at this year’s tourism exhibition to be held in Bulawayo. The country’s premier tourism exhibition roars into life in September with organisers overwhelmed by the response they got from companies and operators that have since registered to participate at the three day exhibition. The organisers were targeting 230 companies to participate but already 240 have registered, with buyers also exceeding their target, according to Zimbabwe Tourism Authority (ZTA) National Convention Bureau Managing Director, Mrs Tessa...

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ZSE rebounds

The industrial index rebounded 1.06 points to settle at 201.21 points while the mining shed 3.55 points to close at 65.45 points in today’s trading on the Zimbabwe Stock Exchange (ZSE). BAT led the movers with a 5.00 cents increase to close at 1805.00 cents. SEEDCO gained 2.56 cents to 137.56 cents, while ECONET put on 0.90 cents to end at 37.90 cents. SIMBISA went up by 0.88 cents to trade at 21.63 cents and PADENGA added 0.10 cents to close at 27.75 cents. Two counters lost ground as ZB FINANCIAL HOLDINGS eased 0.50 cents to trade at 16.50...

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Africa pushes for national internet exchange points

Internet for development is the message the African Union (AU) is pushing forward as the continent seeks to chart a new global growth path. The creation of national internet exchange points where internet service providers interconnect with each other is expected to lessen the costs of accessibility on the continent. Non-existence of the national internet exchange points for Africa has meant a massive outflow of capital, amounting to hundreds of millions of dollars per year as internet service providers send domestic traffic over international connections. The Permanent Secretary in the Ministry of Information Communication Technology (ICT), Postal and Courier...

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Well wishers respond to Bridget, Kembo family plight

Zimbabweans have given an overwhelming response to the two stories ran on this bulletin last night, the first on an 8-year old cancer patient, Bridget and the second highlighting the plight of a Nyanga family whose members are using both hands and feet to walk. They say a problem shared is a problem solved. The ZBC News on Tuesday night shared the story of an 8-year-old girl, Bridget Mandimutsira, who has a rare condition known in medical terms as Zeroderma Pigmentosa and that of a Nyanga family whose survival is at the mercy of a nearby school. The stories...

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President commissions Morris Depot dedication tower

President Robert Mugabe has commissioned the Morris Depot post-independence dedication tower in Harare this morning. Another post independence monument will also be unveiled at Ntabazinduna police camp near Bulawayo. The two dedication towers were declared national monuments recently by the Ministry of Rural Development, Promotion and Preservation of National Culture and Heritage, together with the National Museums and Monuments of Zimbabwe. The dedication towers are part of the government programme to build a true history of Zimbabwe as a nation. A product and cadre of the liberation struggle, ZRP Commissioner General Augustine Chihuri has been working hard to instill...

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Maize deliveries overwhelm GMB depots

The success of the Command Agriculture Programme will be measured by the grain output which is being reported to be in excess of 2 million tonnes, amid calls for the government to expand the existing silos, while banning the importation of mealie-meal to ensure the local value chain system fully benefits. Farmers in Matabeleland South Province are expected to deliver about 50 percent of the province’s total produce harvested during the 2016-17 farming season to the Grain Marketing Board (GMB), a feat that has not been achieved over the past couple of years. It is not common for communal...

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Byo braces for National Youth Games

The Bulawayo Athletics Board has stepped up preparations for the upcoming National Youth Games by staging an assessment event to gauge the province’s preparedness. The White City Stadium was the venue for an event dubbed the Bulawayo cadets, youths, juniors and seniors track and field championships, where provincial coaches who include Benson Mwanza, Caron Chashamba, Brenda Banda and Tiiso Ncube assessed several athletes with potential to make the team for the National Youth Games. Bulawayo Athletics Board Chairman, Manuel Mpofu said the event is key in ensuring that only the best athletes will be selected for the National Youth...

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Regina Mundi hosts NASH volleyball finals

Regina Mundi High School in Gweru will host 24 volleyball champions from the country’s 10 provinces for the NASH volleyball finals this Friday. Volleyball teams up to the under-20 age group will battle it out in the boys and girls categories with winners and runners-up set to get trophies and monetary prizes. NASH Volleyball Head for Harare Province, Shingai Museruka said teams are raring to go with provincial champions expected to give fireworks in the contest. Harare Province will be represented Churchill and Prince Edward in the boys category, while Girls High and Roosevelt will participate in the girls...

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