Business
Securico turns 25, rewards top performers
Diversified security solutions provider, Securico held its Annual Awards Day two weeks ago. The company which was formed in 1999 celebrates its silver jubilee (25 years) later this year. It is tradition for the company to recognise its top performers annually. The company’s Managing Director, Dr Divine Ndhlukula thanked the Securico team for sterling performances […]
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Cheap imports affect Afdis operations
LISTED spirits and wines producer, African Distillers (Afdis) says its wine volume declined by 13 percent in the first quarter ended 30 June due to competition from cheaper imported brands and reduced consumer traffic. In the period under review, the firm registered 11 percent volume growth above the prior year mainly driven by the Ready-to-Drink […]
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Non-compliant companies use fake NSSA clearance certificates
The National Social Security Authority (NSSA) has noted with concern the rise of fraudulent activities by some companies who are resorting to using fake clearance certificates which have become mandatory requirements for tendering processes. NSSA, according to law, made the certificate a mandatory requirement as a way of safeguarding the contractors from employing un-insured companies […]
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Price reductions excite consumers
Consumers have said they are happy with the move by millers and retailers to reduce the prices of mealie-meal and flour in response to the strengthening Zimbabwe dollar. The weakening of the local currency last month was cited as a major cost driver, which saw a spike in prices of basic commodities. The tumbling of prices of […]
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25 firms to exhibit at Zambian trade fair
Over 25 Zimbabwean companies are scheduled to exhibit local products and services at Zambia’s largest trade fair, scheduled for August 2-7 2023 in Lusaka, as the Second Republic gears up efforts to establish a strong presence in regional markets. The participation of local companies at the Zambia Agricultural and Commercial Show (ZACS), which is facilitated […]
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SeedCo records spike in demand
LISTED seed producer, SeedCo Limited says improved rainfall and Government programmes aimed towards ensuring food security saw a spike in maize and soya bean seed demand. The high seed demand comes against the backdrop of the country achieving food self-sufficiency due to the Government’s cocktail of interventions to boost agricultural production. This led to the […]
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Trade deficit narrows to US$85,1 million
ZIMBABWE’S trade deficit narrowed by 56 percent in June to US$85,1 million from US$196 million recorded in May with South Africa and China maintaining exports and imports as top destinations, official figures show. Latest data from the Zimbabwe National Statistics Agency (Zimstat) also reflects that the country during the period under review, recorded a 2,0 […]
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Stanbic sponsors 15 children with disabilities to undergo life-changing surgery
Stanbic Bank Zimbabwe has facilitated life-changing surgical operations for 15 children living with correctible disabilities through a US$22 500 grant as part of its commitment to offer affordable quality health care to Zimbabweans. The grant was given to Cure Children’s Hospital of Zimbabwe (CCHOZ), which is the only healthcare organisation that offers free paediatric surgical […]
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Inflation drops
Zimbabwe’s annual inflation eased to 101,3 percent in July from 175,8 percent in the prior month as the local unit continued to firm against the United States dollar and riding on tight fiscal and monetary policy measures. The latest statistics released by the Zimbabwe National Statistics Agency (ZIMSTAT) on Monday show that the month-on-month inflation […]
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Huge crowd for Hippo Valley Croco Golf Day
Staff Writer AT LEAST 64 golfers from Masvingo, Harare, and Bulawayo battled it out at the Croco Motors Golf Day held at Hippo Valley Golf Club in Chiredzi over the weekend. The Croco Motors Golf Day, which is mainly organised for its clients, returned to the local golfing scene this year after a long break […]
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