UK, EU buyers scout Zim horticulture

EIGHT European buyers will be in Zimbabwe this week to scout 11 horticulture firms for potential export deals to international markets. The trade mission, organised by the UK Trade Partnerships (UKTP) Programme, aims to connect local agribusinesses with high-value buyers from the United Kingdom and the European Union. Funded by the British government and implemented…

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Government to launch local content strategy

THE government is set to launch a local content strategy aimed at increasing the use of local raw materials in the country’s manufacturing sector. Speaking in the National Assembly recently, the minister of Industry, Mangaliso Ndhlovu, said the new policy will encourage companies to use materials produced in Zimbabwe. “We will soon be launching what…

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Higher, upgraded ZiG notes laid out

THE Reserve Bank of Zimbabwe (RBZ) has unveiled its new and upgraded ZiG notes, as it strives to improve cash availability in the country and to entrench the wider use of the domestic currency in the economy. In addition, the central bank will introduce higher denominations of the ZiG, to enhance transactions and to engender…

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Econet shareholders approve ZSE exit

MINORITY shareholders of Econet Wireless Zimbabwe Limited, both institutional and retail, on Thursday voted overwhelmingly to approve the group’s voluntary delisting from the Zimbabwe Stock Exchange (ZSE). The resolutions attracted over 95 percent support at an extraordinary general meeting held in Harare. The special resolution to delist and migrate to an Over-the-Counter (OTC) trading platform…

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NHS to diversify operations

NATIONAL Handling Services of Zimbabwe (NHS) is looking to diversify its operations and build new revenue streams to ensure long-term growth. In an interview with The Financial Gazette, NHS chief executive Phillip Rambakudzimbwa said the company plans to move beyond its predominantly ground-handling business, which relies heavily on airlines, and expand into the transport and…

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