Zero tariff policy boosts economy

CHINA’s ambassador to Zimbabwe Zhou Ding says his country’s new zero-tariff policy on imports from African countries will help boost Zimbabwe’s exports and strengthen economic cooperation between the two nations. Speaking during a cultural exchange event showcasing China’s Dunhuang culture in Harare yesterday, Zhou said bilateral trade and investment between the two countries continued to…

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Varsities must drive innovation goals — Hungwe

LOCAL universities must rise be­yond their traditional teaching role and become incubators of practical solutions to the country’s pressing socio-economic challenges, Public Service Commission chairperson Vincent Hungwe has said. Speaking at a University of Zimbabwe Public Service Commis­sion Lecture in Harare yesterday, Hungwe said institutions of higher learning should be at the centre of developing…

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AfDB approves US$4 million grant for Zimbabwe debt clearance

The African Development Bank Group (AfDB) has approved a US$4 million grant to support Zimbabwe’s efforts to clear its debt arrears and re-engage with the international financial community. The funding will finance the Zimbabwe Arrears Clearance Dialogue Enhancement Project (ZACDEP), aimed at strengthening dialogue and reforms needed to advance the country’s arrears clearance process. “This…

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Indian firm to refurbish Hwange Power Station

INDIA-BASED company Jindal is set to refurbish Units 1 to 6 at Hwange Power Station under a US$455 million deal aimed at boosting electricity generation and improving the reliability of the country’s ageing power infrastructure. The deal is structured under a 15-year Rehabilitate, Operate, and Transfer (ROT) arrangement designed to strengthen the country’s electricity generation…

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Delta hopeful of sugar tax review

DELTA Corporation says it is optimistic that ongoing engagements with the gov­ernment over the country’s sugar tax regime will result in a fa­vourable outcome, as the beverage giant battles mounting pressure from the levy on its soft drinks business. Fiscal authorities introduced a US$0,001 per gram sugar tax for beverage makers at the beginning of…

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Navigating pendulum relationships

Betty Murambadoro EVER interacted with per­sonalities that swing from one extreme of emotions to the other? Managing these roller-coaster experiences can be demanding and even costly if not navigated intelligently.…

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