National Report

Govt hails MICE business growth

THE government has commended the rapid growth of Zimbabwe’s Meetings, Incentives, Conferences and Exhibitions (MICE) sector, describing the emergence of world-class conferencing facilities in rural areas as a major boost…

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‘Econet shares undervalued’

News Editor ECONET Wireless Zimba­bwe (Econet) shares are trading well below fair value according to local equity research firms. The shares currently trade at a floor price of 50 US cents on the Victoria Falls Stock Ex­change (VFEX)’s OTC platform, set when Econet delisted from the Zimbabwe Stock Exchange (ZSE). Three firms argue that price…

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New platform bids to widen farmers’ market access

LAND Fortune Market Place (LFM) and eMkambo have launched an ag­ricultural trading platform designed to help farmers access buyers across the region while improving access to finance and insurance. Backed by a market capitalisa­tion of US$5,2 million, the platform targets farmers operating under Vil­lage Business Units, many of whom struggle to secure reliable markets and…

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Capital forum to debut next month

THE inaugural Zimbabwe Future Capital Forum (ZFCF) is set to take place in Harare next month with the aim of connecting inves­tors, banks and asset managers with bankable projects. ZFCF will run alongside the sixth ZimReal Property Invest­ment Forum on August 26. The event is expected to attract more than 400 delegates from over 100…

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Mining expo to boost sector productivity

Hazel Marimbiza in Bulawayo THIS year’s Mine Entra exhibition will boost efficien­cy and innovation across Zimbabwe’s mining industry by driving technological adoption, the government has announced. The annual expo comes as the government contin­ues implementing policies aimed at modernising the mining industry to support economic transformation under the National Development Strategy 2 (NDS2) and Vision…

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HAZ pushes for dedicated tourism finance

Tapiwa Chirume THE Hospitality Associa­tion of Zimbabwe (Haz) has urged banks to establish dedicated financing windows for tourism as preparations for the 2029 Trade Fair accelerate. Speaking at a media briefing in Harare yesterday, Haz president Em­mah Kativu said the sector was mov­ing from planning to implementation following a recent joint conference between Haz and…

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ARDA delivers 120,000mt as Zimbabwe strengthens grain stocks ahead of El Niño

THE Agricultural and Rural Development Authority (ARDA) has delivered 120,054.49 metric tonnes of summer cereals to the Grain Marketing Board (GMB), providing a significant boost to Zimbabwe’s strategic grain reserves as the country braces for a possible El Niño-induced drought. According to official GMB figures, the deliveries include 27,836.280 metric tonnes channelled through Agro Dura,…

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Mine Entra spotlights mineral value addition

Hazel Marimbiza in Bulawayo ORGANISERS of Mine Entra say this year’s exhibition will focus on value addition to maximise Zimbabwe’s mineral wealth returns.The annual exhibition, to be held at the end of this month under the theme “Unearth, Transform, Prosper: Anchoring Economic Transformation through Mining Value Chains,” would focus on mineral exploration, processing, skills development…

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ICT access rises to 75pct

HOUSEHOLD internet access in Zimbabwe has risen to 75,5 percent, while 72 percent of mobile phone users now own smartphones, according to a new survey by the Postal & Telecommunications Regulatory Authority of Zimbabwe (Potraz) and Zimstat. Speaking at the survey launch in Harare, Zimstat direc­tor-general Tafadzwa Bandama said the findings exposed disparities between provinces,…

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