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National rural development strategy on cards

Zimbabwe is working on a National  Rural Development Strategy as the country moves to uplift the  livelihoods of people living in rural areas, a Cabinet Minister said on  Monday. Addressing students at the Zimbabwe Staff College, a military training  institution, Rural Development, Promotion and Preservation of National  Culture and Heritage …

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Zimnat introduces agriculture-oriented products

INSURANCE firm, Zimnat Group says it is introducing new agriculture-oriented products for the growing informal sector, leveraging on its recent partnership with Sanlam Emerging Markets. Zimnat General Insurance managing director Mr Stanley Mazorodze said this would ultimately grow the insurance firms’ market share from the current estimated 15 percent. Following …

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ZSE continues of upward trajectory

The Industrial Index added 0.31 points to close at 138.78 points after gains in a number of counters. CFI Holdings was up by $0,0079 to close at $0,1205; Meikles gained $0,0076 to $0,1126 while OK Zimbabwe closed at $0,0660 following a $0,0060 increase. Padenga inched up $0.0005 to settle $0.1825 …

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NetOne intensifies push for subscribers

NetOne has launched a value-added service, which allows its subscribers to listen to the latest news from favourite stations, as the country’s second largest operator intensifies its push to win the hearts of subscribers in the competitive industry. The service, News on One, enables NetOne subscribers to listen to news …

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Are ICTs improving agriculture or just smearing digital ‘lipstick’?

While information and communications technologies (ICTs) have been part of African agriculture and rural communities for many years, benefits associated with these technologies have eluded the majority of farmers, traders and value chain actors. There is now a strong feeling that most ICT initiatives constitute smearing of digital “lipstick” on …

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Tourism players worried over poor air service

THE lack of a well-serviced route network around Zimbabwe by scheduled air service providers is a big worry for the local tourism sector, Zimbabwe Council for Tourism (ZCT) has said. ZCT president Tichaona Hwingwiri told NewsDay that the tourism sector in the country was losing potential revenue due to lack …

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Policy to boost local car assembly

The government is finalising new legislation which supports the growth of the motor vehicle industry through capacitating local vehicle assembly and component manufacturing.   A draft copy of the legislation titled The Motor Industry Development Policy Framework, which is being prepared for Cabinet approval, aims to boost local assembly of …

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FBC develops 62pc medium density houses in 2016

FINANCIAL services group, FBC Holdings developed 62 percent of the total medium density houses constructed in 2016. Last year, 1 476 houses were delivered in the whole country. Of these, 116 were medium density houses. Briefing analysts during the company’s financial results presentation last week, FBCH group chief executive Mr …

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Bumper harvest for Mazowe farmer

The Seed Co technical team (comprising of breeders, agronomists and seed inspectorate) is assessing the standing crop performance of Seed Co hybrids grown by farmers in the 2016 /17 summer season. The bumper harvest this year (which is at this point certain) will increase maize production to self-sufficiency and surplus …

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Dangote acquires largest crane in Africa March 28, 2017 Business

Business mogul, Aliko Dangote is presently the owner of the largest crawler crane in Africa. The astute businessman bought the crane from China’s number one construction company, XCMG Construction Machinery Co Ltd, a Company dealing in heavy machineries. “Our biggest customer in Africa is Dangote,” the assistant president and general …

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