Day: August 10, 2017

Major boost for NATPHARM

The repayment of a US$26 million debt by the government in the form of treasury bills to the National Pharmaceutical Company of Zimbabwe (NATPHARM) is expected to boost drug supplies in state run health institutions across the country. The pharmaceutical company was in urgent need of capital injection to restore its long term viability and to safeguard the country’s health delivery system. Funding challenges which have been hogging the NATPHARM for the past years had left the local health sector in a precarious position. The pharmaceutical company held its annual general meeting this Thursday (today) where it was revealed...

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Vic Falls hosts film-making workshop

The Zimbabwe Film and Television School of Southern Africa (ZIFTESA) has hailed the positive response and zeal by aspiring and established content creators in Victoria Falls who are taking part in the ongoing four-day film-making workshop under the Zim Digital Project. Several aspiring and established local content creators are attending the film-making workshop being held at Mosi-oa-tunya High School in Victoria Falls aimed at equipping the participants with relevant skills and to empower them to create content for digital platforms. ZIFTESSA director Dr Rino Zhuwarara said the response from the Victoria Falls community has been positive. He said this...

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SMEs eye youth games

Small business operators in Hwange and Victoria Falls are bullish of generating meaningful business during the 15th Zimbabwe National Youth Games which are set to attract at least 16 000 athletes and technical officials from around the country. Just a week before the rebranded Zimbabwe National Youth Games roar into life, SMEs and vendors in Hwange and Victoria Falls are hopeful the sporting event will bring a lot of business opportunities. Entrepreneurs and traders who spoke to ZBC News say they are looking forward to the start of the games and have done enough preparations to ensure that they...

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SAZ seeks to enforce standards within SMEs

The Standards Association of Zimbabwe (SAZ) is engaging an Indian partner in the roll out of national programme aimed at promoting the adherence to standards among the small to medium enterprises sector for export competitiveness. The local standards body has identified the small to medium enterprises sector as potential sector for growth and has prioritised the capacity building in order to enhance the adherence to standards for export competitiveness. SAZ Director General Dr Eve Gadzikwa says the association is finalising talks with an Indian partner for the roll out of a maturity model aimed at measuring and enforcing quality...

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Lions kills seven cattle in Chimanimani

Stray lions are terrorising Nechiora and Nechigonda villages in Chimanimani’s Ward 19. Seven cattle have been killed in the area since 11 July with villagers now living in abject fear of possible attacks. Lions and human beings can only co-exist when the lions are in game reserves or any other protected area, with the presence of any stray lion posing great danger to communities and such is the situation in Chimanimani Ward 19 where lions are believed to have escaped from Devure Ranche and their numbers are yet to be verified. The lions that are terrorising Nechigonda and Nechiora...

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No need for more health levies: Experts

Experts in the health sector have called for better and efficient accountability for all funds mobilised for the sector for an effective health delivery system in the country. They say there may not be any need to levy extra funds on the burdened population if the existing funds are used in the right way. In separate interviews in the capital, health experts said there is no need to for more levies in the country but those that are already being levied on the populace should be chanelled to the areas for which they are intended and avoid abuse and lack of transparency. Renowned surgeon Dr Edwin Muguti said the relevant ministry and treasury should keep a close watch on the usage of resources disbursed in the sector and avoid leakages. He also stressed the importance of using senior medical specialists and practitioners in the planning of hospitals financial budgets. Coordinator for African Platform for Universal Health Coverage and executive director of Community Working Group On Health Itai Rusike stressed the need for close monitoring on the usage of resources and for mandatory family insurance for every Zimbabwean which is paid for by every Zimbabwean at the beginning of the year to ensure that everyone is covered when the need arises. He said such schemes have worked in countries like Ghana where families started with a mere US$9 per year...

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Govt to upgrade Feruka fuel pipeline

The government is set to invest $15 million in the upgrade of the Feruka pipeline to enable pumping of 16 million litres daily, which puts to rest the need for a second channel to transmit fuel into the country. Currently six million litres are being pumped daily and as part of upgrades to the Feruka-Msasa pipeline, a booster pump will be installed at the Wilton Station in Makoni district and two others in Mozambique. The Permanent Secretary in the Ministry of Energy and Power Development Mr Patson Mbiriri says improvement in pumping infrastructure will result in the country being...

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Clothing manufacturers’ optimistic

Clothing manufacturers are optimistic of improved viability and have started engaging the Reserve Bank of Zimbabwe for greater priority in accessing foreign currency. Despite perennial impediments to business facing clothing manufacturers such as cheap imports, and unavailability of raw materials locally, the sector continues to be resilient with 6 players in the industry having carved a niche export market and selling clothes to as far as the European market. Zimbabwe Clothing Manufacturers’ Association (ZCMA) chairperson Mr Jeremy Youmans said against all odds, the sector is forging ahead and even lobbying for greater priority in accessing scarce foreign currency since...

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Carnival preps on course

More than 20 countries have so far confirmed their participation at this year’s Harare International Carnival to be held in the capital. The Zimbabwe Tourism Authority (ZTA) is positive that the 2017 edition of the Harare International Carnival will be better with more than 20 countries and over 100 companies confirming their participation in this year’s edition. ZTA head of corporate affairs Sugar Chagonda said preparation for this year’s carnival dubbed the ‘3 million man carnival’ are at an advanced stage. Various local and international artists from DRC, Egypt, Zambia and Malaysia will be headlining this year’s event as...

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93 bakeries close shop: Report

The local baking industry is dominated by three large bakeries which have impacted negatively on the viability of smaller institutions forcing 93 bakeries to close shop in the last two years. The National Bakers Association of Zimbabwe National Report presented to the Minister of Industry and Commerce Dr Mike Bimha states that large bakeries have 95 percent of the market share with only three bakeries dominating the industry. National Bakers Association of Zimbabwe chairman Mr Ngoni Mazango said the industry is currently operating between 50 and 60 percent owing to a number of challenges ranging from obsolete equipment to...

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