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Monday, March 25, 2019

Government to scrap 51/49 percent policy..Indigenisation removal to allow investors to own 100pc in...

The Chronicle Oliver Kazunga, Senior Business Reporter GOVERNMENT is considering scrapping the remaining 51/49 percent shareholding threshhold for platinum and diamond mining to allow investors to own...

Minister meets Bulawayo industry executives

The Chronicle Business Reporter INDUSTRY and Commerce Minister Nqobizitha Mangaliso Ndlovu will this morning meet with captains of industry and other stakeholders in Bulawayo to discuss...

Lancashire Steel revival hinges on Cabinet approval

The Chronicle Michael Magoronga, Business CorrespondentTHE joint venture deal between Kwekwe-based company Lancashire Steel and an Indian investor, Whinstone Enterprises, is set to be tabled...

RBZ allocates funds for foreign portfolio investors

The Chronicle ZIMBABWE’S central bank will provide 15 percent of the foreign exchange it has available to investors seeking to repatriate proceeds from share sales...

Under fire Zimra official Jaure resigns

The Chronicle Ishemunyoro Chingwere, Harare BureauZimbabwe Revenue Authority (Zimra) commissioner, revenue assurance and special projects, Charles Jaure, who has been in the eye of a...

TV Sales & Home opens shop in Gwanda

The Chronicle Sukulwenkosi Dube-Matutu, Business CorrespondentINNSCOR Africa Limited’s associate company, TV Sales & Home has opened a new branch in Gwanda Town as part of...

60MW solar plant for Umguza

The Chronicle Natasha Chamba, Business ReporterA BULAWAYO-based renewable energy firm, Glancier Investments (Private) Limited, has unveiled plans to set up a 60-megawatt solar plant in...

EcoSure apologises

The Chronicle Natasha Chamba, Business ReporterCASSAVA SmarTech Zimbabwe’s insurance arm, EcoSure, has apologised for erroneously deducting money from subscribers’ EcoCash wallets on Saturday. EcoSure was under...

Hwange project: ZPC targets 30pc completion by year end

The Chronicle Business ReporterTHE Zimbabwe Power Company (ZPC) targets to achieve 30 percent completion of the $1,4 billion Hwange Thermal Power Station expansion project by...

Varun to invest $150million in five years

The Chronicle Mkhululi NcubeVARUN Beverages Zimbabwe, which operates the Pepsi brand, plans to invest US$150 million in the country in the next five years as...
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