RTG Pursing an asset-light model to raise revenue.

RTG Pursing an asset-light model to raise revenue.

By Malcolm Meja Diversified tourism solutions group, Rainbow Tourism Group (RTG) will pursue an asset-light growth model in raising revenue for the group. The strategy will work hand in glove with the prevailing rooms portfolio to grow the groups diversification strides. This year the firm created two tour operating arms specializing on inbound and outbound travel. Exotic Travel International (ETI) a subsidiary based in the New York, United States and Heritage Expeditions Africa, the local arm that will sell packages for destinations around the country and the region. The two…

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Homelink empowers women entrepreneurs

Homelink empowers women entrepreneurs

By Daniel Chigundu FINANCIAL concern Homelink has financed women, entrepreneurs, to come and exhibit their products and services at the Zimbabwe International Trade Fair (ZITF). The women are drawn from the country’s various districts and are showcasing their various products in the arts that range from agricultural produce to arts and craft among many others. Homelink took a huge exhibition stand to allow the women to exhibit their wares to both potential local and international buyers. In an interview at the organisation’s exhibition stand in Hall 4, Homelink marketing manager…

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Huge interest in 2019 fair

Huge interest in 2019 fair

By Staff Reporter THE 60th edition of the Zimbabwe International Trade Fair (ZITF) has attracted huge interest from both local and foreign exhibitors with space uptake hitting 100 percent. According to ZITF chair Ruth Ncube the company has availed additional space to meet demand and as per tradition the first three days will strictly be reserved for business to business trading. “Our targeted 2019 available space was taken up at 100%. Further to that we availed 5% additional space (2648m) to accommodate the overflow. 532 direct local exhibitors have booked…

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ZITF golf to benefit Idai reconstruction

ZITF golf to benefit Idai reconstruction

By Daniel Chigundu THE Zimbabwe International Trade Fair Company (ZITF) says proceeds from its 2019 edition of Charity Golf Challenge will be channelled towards Cyclone Idai reconstructions efforts. Government is currently sourcing funds from various sectors of the economy including the outside world in a bid to reconstruct infrastructure that was damaged by the ravaging Cyclone Idai. The cyclone which swept across five provinces across the country with the hardest hit districts of Chimanimani and Chipinge in Manicaland experiencing severe destruction of infrastructure and livelihoods.. Some of the infrastructure in…

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Companies defy economy to grace ZITF

Companies defy economy to grace ZITF

By Ndafadza Madanha DESPITE the prevailing harsh economic conditions characterised by biting foreign currency shortage, rising rate of inflation which now exceeds 60% most local companies seem to have put that on the back burner and trouped to the ZITF to make their presence felt. The companies have left no stone unturned as they race to outdo each other with eye-catching stands and pavilions that meet international standards. Amongst the local companies participating that have erected gigantic stands include Infrastructure Development Bank of Zimbabwe (IDBZ), telecommunications giant Econet, Procurement Regulatory…

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All set for IBC at ZITF

All set for IBC at ZITF

By Daniel Chigundu ABOUT 800 delegates drawn from various sectors of the country’s economy are expected to converge for the annual International Business Conference (IBC) today in Hall 2 at the Zimbabwe International Trade Fair (ZITF). IBC which is hosted by ZITF in conjunction with the National Economic Consultative Forum (NECF) has become one of the headline side events at the trade fair. The conference brings together government and private sector under one room to discuss issues affecting the economy and possible solutions as well as opportunities that are available…

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Cllr. Maiko is the new Chitungwiza Mayor

Cllr. Maiko is the new Chitungwiza Mayor

By Staff Reporter CHITUNGWIZA Town Council has finally elected a substantive mayor 7 months after the nullifications of Councillor Gift Tsverere election to the top seat by the High Court. The new Mayor Councillor Lovemore Maiko of MDC Alliance polled 16 votes against Zanu PF’s Councillor Kevin Mutimbanyoka who managed only 7 votes. Councillor Musa Makweza of MDC Alliance was elected Deputy Mayor with 16 votes outclassing Zanu PF’s candidate Councillor John Matienga who got 5 votes while 2 ballots were deemed to be spoiled votes. Speaking after his election,…

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KAZA TFCA is the right direction

KAZA TFCA is the right direction

By   Staff Reporter ENVIRONMENT, Tourism and Hospitality Industry Minister Prisca Mupfumira says the Kavango Zambezi Transfrontier Conservation Area (KAZA TFCA) should work to transform lives of surrounding communities among many other things. Countries under the KAZA TFCA are seeking to collaborate in the conservation of natural resources and promote tourism whilst boosting the socio-economic environment for their local communities. Addressing delegates at the KAZA TFCA Ministerial Meeting currently underway at Elephant Hills Hotel in Victoria Falls, Minister Mupfumira said everyone has a role to play in realizing this dream…

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Econet commissions largest industrial solar plant in Zimbabwe

Econet commissions largest industrial solar plant in Zimbabwe

Staff Reporter Diversified telecommunications group Econet Wireless commissioned a 466KW solar power plant at its Willowvale industrial complex in Harare today. The solar plant engineered and designed by Econet group’s subsidiary, Distributed Power Africa (DPA), is the largest commercial and industrial carport and roof mount installation to be deployed in the country.Steps taken by Econet’s solar business are part of the company’s commitment towards adoption of clean and renewable energy in Zimbabwe. The 466KW grid tied solar system will operate under a 25-year Independent Power Producer (IPP) Licence, one of the…

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Edgars banking on salary increases

Edgars banking on salary increases

By Staff Reporter CLOTHES retailing and manufacturing concern Edgars Stores Limited says it anticipates a better working environment buoyed by an anticipated salary increase in the economy. The government which is arguably the largest formal employer in the country is currently in negotiation with its workers on the possibility of salary increases. Civil servants constitute a huge chunk of Edgars and Jet Stores customers where they take clothes and cosmetics on accounts. In a statement accompanying the company’s abridged unaudited results for the 52 weeks ended 6 January 2019, Edgars…

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