finance

AfDB mission boosts US$100 million dam project

A HIGH-LEVEL delegation from the African Development Bank Group (AfDB) arrives in the country today for strategic engagements on the proposed Glassblock Bopoma dam and pipeline project, marking a significant step forward for one of Matabeleland’s water infrastructure investments.Advertisements The five-day mission, running from May 11 to 15, comes as the government accelerates efforts to…

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NRZ pursues major rail, equipment upgrade

THE National Railways of Zimbabwe (NRZ) has intensified efforts to restore its operational capacity after securing multiple funding facilities and strategic partnerships aimed at rehabilitating locomotives, wagons and rail infrastructure.Advertisements Speaking during a presentation to Parliament’s Public Accounts Committee in Bulawayo on Thursday, NRZ deputy chief executive Ainah Dube-Kaguru said the parastatal had unlocked a…

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Zinara disburses ZiG2 billion for roads

THE Zimbabwe National Road Administration (Zinara) says it disbursed over ZiG2 billion to local authorities for road infrastructure development and maintenance between January and March this year.Advertisements This comes as the authority disbursed ZiG3,8 billion to local authorities for road rehabilitation in the first six months of last year. In its disbursement report yesterday, Zinara…

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Culture and the boardroom

Bothwell Nyajeka THE phrase “culture eats strategy for breakfast” has become a familiar quote in boardrooms. It is often repeated as a warning that even the most well-crafted strategy will…

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GMB clears over US$5 million farmers’ debt

THE Grain Marketing Board (GMB) has cleared its wheat payment arrears, disbursing US$5,2 million to farmers to support production ahead of the next farming season.Advertisements The development comes after an outcry by farmers over the government’s failure to increase funding to the GMB to ensure the timely disbursement of payments for delivered grain, hindering their…

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Brand leadership in global economic headwinds

Calista ChikanyaAdvertisements PERIODS of global economic expan­sion tend to reward speed, ambition and scale. Organisations grow, markets forgive mistakes, and brands benefit from momentum rather than meaning. Yet when economic headwinds emerge, characterised by inflationary pressure, rising interest rates, currency instability, supplychain disruptions, and slowing growth, the foundations of leadership are tested, and the strength…

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