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Friday, January 24, 2020

Ingwebu out of the woods . . . Shelves initiative to raise US$20m working...

The Chronicle Oliver Kazunga, Acting Business Reporter INGWEBU Breweries has shelved plans to raise US$20 million working capital as the brewery has emerged from the woods. In October...

Zimbabwe, Russia diamond companies sign deals

The Chronicle Pride Mahlangu, Business Reporter THE Zimbabwe Consolidated Diamond Company (ZCDC) and Russia’s diamond producer, Alrosa have signed agreements to finalise the creation of a joint...

‘Women should be actively involved in devolution’

The Chronicle Thupeyo Muleya, Beitbridge Bureau THE devolution concept that is being rolled out by Government comes with a lot of opportunities which women and the youth...

No Xmas break for Mat’land firms

The Chronicle Oliver Kazunga, Senior Business Reporter Most manufacturing companies in Matabeleland region have suspended going for annual shutdown in order to boost production. The companies have not...

Festive season pushes Dawn properties profits

The Chronicle DAWN Properties says it expects an increase in rentals from its properties during the festive season to drive its profitability for the remainder...

Gweru residents force budget cut

The Chronicle Mejury Magaya, Midlands Reporter GWERU City Council has revised its proposed 2020 budget downwards from $2,2 billion to $1,8 billion following pressure from residents who...

Vet Dept introduces dipping model

The Chronicle Sukulwenkosi Dube-Matutu, Gwanda Correspondent  THE Department of Veterinary Services has introduced a sustainable dipping model in Matabeleland South Province to ensure effective dipping of cattle...

Experts call for 2% tax removal

The Chronicle Oliver Kazunga, Senior Business Reporter TAX experts have called on Government to consider scrapping the two percent Intermediated Money Transfer Tax on transactions, saying its...

Prohibitive costs, taxes frustrate African airlines

The Chronicle AFRICAN airlines continue to suffer due to high costs and are projected to show a loss of US$200 million (about R2.9 billion) next...

Production not dollarisation is the answer: Economist

The Chronicle Oliver Kazunga, Senior Business Reporter ZIMBABWE needs to increase production levels and domestic savings to attain currency stability so as to restore market confidence...
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