Day: July 18, 2018

Construction industry put pressure on govt

The construction industry has revived talks on the finalisation of the contractors bill which would be critical in addressing low entry barriers such as financing affecting local contractors. The finalisation of the bill has stalled for many years, prompting industry leaders to revisit the policy and expedite its conclusion. The Construction Industry Federation of Zimbabwe (CIFoZ) sees the completion of the bill as the pedestal to opening the industry to enhanced participation by external and internal investors. In sync with this view are other leaders who convened in Harare for an interface with the parent ministry where the contractors...

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GMB warns farmers

The Grain Marketing Board (GMB) has appealed to smallholder farmers to desist from selling maize to middlemen as they incur revenue loss by doing so. Middlemen are paying smallholder farmers as little as $180 per tonne and in turn sell to the grain to the GMB at $390 per tonne. Speaking at the launch of the Presidential Inputs Scheme for Chiweshe district, GMB General Manager, Mr Rockie Mutenha urged farmers not to sell to middlemen, adding that the  company is paying farmers in one and half weeks at most. “I am worried that you are selling to middlemen who...

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Prisons receive $50k goods from ZCDC

The Zimbabwe Consolidated Diamond Company (ZCDC) has donated an assortment of goods worth 50 000 to the Zimbabwe Prisons and Correctional Services (ZPCS). Inmates face a myriad of challenges chief among them lack of adequate food supplies, medication and other basic necessities. Chikurubi female and male inmates were all smiles after they received an assortment of medication, cooking oil, soap, sanitary wear, wheel chairs, brooms and blankets. ZCDC CEO, Dr Moris Mpofu said the donation is part of the organisation’s corporate social responsibility initiative. ZPCS Commissioner General Paradzai Zimondi implored the corporate world to partner with the ZPCS in...

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Ignore provocation, Zanu PF youths told

The Zanu PF Youth League has urged its members to be wary of some opposition elements who are keen on seeing the postponement of the elections through unnecessary provocations The ruling party youths took their campaign trail to Namayendlovu in Matabeleland North Province with thousands of delegates gathering for the convention as well as to get appraisals on the developments in the ruling party and government. In his official address at the convention, Zanu PF Secretary for Youth Affairs, Pupurai Togarepi urged the party youths to be tolerant by avoiding confronting some opposition forces who are bent on seeing...

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ZBC receives content from South Korea

The Zimbabwe Broadcasting Corporation (ZBC) continues to build business synergies with the Embassy of South Korea in Zimbabwe, after the office handed over two drama series and committed itself to explore content sharing opportunities with the national broadcaster. Many will remember the days of the drama series: ‘The Sad Love Story’ that captured the hearts of many. These moments are set to bounce back on the national broadcaster after the South Korean Embassy handed over two more drama series to the ZBC, namely: ‘The Descendants of the Sun’ and ‘Another Miss Oh.’ The idea behind is to give viewers...

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Agribank secures US$30m credit line

A developmental financier, IDC South Africa has extended a US$30 million line of credit to Agribank to assist in the recovery of Zimbabwe’s agricultural sector. The facility, which was approved by the South African based Industrial Bank directors today, will provide foreign exchange to productive sectors. Agribank CEO, Mr Sam Malaba said the credit line bears testimony of regional financial lending agencies’ confidence on Zimbabwe’s economy. “Indeed the facility has been approved and very soon, we shall start lending it to the relevant beneficiaries in the economy,” he said. Apart from the IDC South Africa facility, the state owned...

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Goromonzi dam to benefit communities

More than 3000 households in Goromonzi are set to benefit from a dam currently under construction along Nyagurwe stream for increased horticulture and fish farming projects. The Rusike community in Goromonzi welcomed the construction of a new dam being spearheaded by Goromonzi South the National Assembly member, Petronella Kagonye. Mashonaland East Provincial Administrator, Mr Tavabarira Kutamahufa commended the project and stressed that the dam will provide water for irrigation. “Such initiatives are good considering the issue of climate change which sometimes brings droughts in the country and this will go a long way in fighting hunger,” he said. Kagonye confirmed that she had to provide resources for the construction of the dam while manpower is coming from the local community. When farmers do their horticulture, they can easily get markets from Harare which is near the communities,” she added. Water harvesting is the only way to go for the country to benefit from the natural...

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RBZ dismisses new currency claims

The Reserve Bank of Zimbabwe (RBZ) has dismissed social media claims that the apex bank will introduce a new currency. In a statement, RBZ Governor, Dr John Mangudya said the claims are fake, adding that the ‘country shall continue using the multi-currency system as evidenced by the continuous significant disbursement of foreign currency cash in the market.’ “The RBZ would like to urge members of the public to dismiss, with utmost contempt, a fake article being circulated on social media regarding the introduction of a new currency. The Bank would also like to urged members of the public to...

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High HIV incidence rate worrying: NAC

The National AIDS Council (NAC) has expressed concern over the high HIV incidence rate among girls and young women. According to NAC, the HIV incidence rate for the general population has been going down, but ironically that for young women in the 15 to 24 years age group is increasing. This is attributable to cross generational sex between girls and young women on one hand and men aged over 45 on the other. NAC Chief Executive Officer Dr Tapiwa Maure said stakeholders had to come up with a programme dubbed, “DREAMA” meant to protect the girl child by empowering...

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Pakistan wrap up ODI series

Pakistan wrapped up the ODI series against Zimbabwe after a pathetic batting display by the hosts, managing a meagre 67 all out from 25.1 overs. On a flat batting Queens Sports Club wicket, the Chevrons conspired to record one of their lowest totals ever with a disappointing display that only saw Chamunorwa Chibhabha’s 16, Hamilton and Wellington Masakadza’s 10 being the highest scores. After having won the toss like in all other matches during this series, captain Hamilton Masakadza stuck with batting first. Despite coach Lalchand Rajput having pointed to a good batting display as a must in this...

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