From adversity, to the stars

From adversity, to the stars

By Wellington Zimbowa FOR many a troubled childhood can spell a bleak future, especially for the girl child, but 22 – year old Valentine Shoti’s story sounds a reading from a fictitious movie script. Orphaned at the age of 12, whilst at school and left to care for her two sibling sisters, who are still at primary school, and a diabetic and blind grandmother could have broken her spirit. They also had no roof of their own, sometimes being evicted from their lodgings due to overdue rental arrears. Other basic…

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Ndyelo Restaurant serenades customers from different walks of life

Ndyelo Restaurant serenades customers from different walks of life

By Varaidzo Zhakata IMAGINE your one – stop African themed restaurant, serving your grandmother’s best traditional dish, bringing back flash memories of the good olden days when you would gather in a clay plastered round kitchen hut for a delicate and tasty dinner. Located a stone throw away from Harare’s Central Business District, Ndyelo Restaurant serenades customers from different walks of life, through its distinct African cuisine, delicious scent. Inspired by feeding its clientele base with nutrient rich, tasty, and healthy food, which keeps customers asking for more, Ndyelo has…

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ZIMPLATS eyes installing 200MW solar power plant

ZIMPLATS eyes installing 200MW solar power plant

By Edward Mukaro ZIMBABWE’s largest platinum group metals (PGMs) producer Zimplats has set sights on ‘going green’, as the firm is reported to be in the middle of researching on the possibility of installing a 200 Mega Watt solar system to power its operations at the firm’s Mimosa mine. The 200MW solar power plant, will not only power the platinum giant’s operations, but will also feed into the Zimbabwe’s electricity grid. According to Implats chief executive office Nico Muller, who was speaking to Creamer media’s Mining Weekly, recently, the proposed…

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ZSE launches training institute

ZSE launches training institute

By Varaidzo Zhakata THE Zimbabwe Stock Exchange has launched a Training Institute, as the bourse sets sight on enhancing investor education, while delivering specialized training to stakeholders. In a press release, the bourse said training would be delivered to stakeholders on various subjects related to local capital markets. “The mandate of the ZSE Training Institute is to deliver specialized training to stakeholders on various capital markets subjects, which include ZSE listing requirements, ZSE products and services, how companies can list and preserve value for investors and the general process of…

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Normalize relations for development: AFDB

Normalize relations for development: AFDB

By Edward Mukaro THE African Development Bank’s (AFDB) seven member delegation that was in the country for a week long fact finding mission has urged perseverance in implementation of reforms, while also calling for early normalization of relations with development partners, in order for the southern African country’s development to get back on track. During the mission, the delegation made up of AFDB’s top hierarchy, met His Excellency President Emmerson Mnangagwa, officials from various ministries, civil society, private sector and multilateral financial institutions, during which they were briefed on the…

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For every dark could, there is a silver lining

For every dark could, there is a silver lining

By Wellington Zimbowa IN every dark cloud, there is a silver lining, goes the old adage. No matter what gripping situation an individual, company or country might find themselves in, there is always an amicable end, many a time. In suffering, there is hope; in pain there should be endurance. Even in death, there is life! Put the Zimbabwean situation in the matrix. For decades, the socio – economic and political fabric has been ravaged by the surmounting challenges. Social and moral decay is deepening daily due to the free…

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ZIMRA to tap into SMEs sector

ZIMRA to tap into SMEs sector

By Edward Mukaro THE Zimbabwe Revenue authority (ZIMRA) has announced that it is working closely with the Ministry of Finance and Economic Development to come up with a simplified tax system that will enable the authority to tap into the Small and Medium Enterprise (SMEs) sector, like many developing economies are doing. A bulk of the Zimbabwean working population is currently employed in the SMEs sector, while a contribution of 50 percent to Zimbabwe’s gross domestic product reportedly comes from the sector. However, in the tax collector’s quest to fulfill…

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SMEDCO hails compliant SMEs

SMEDCO hails compliant SMEs

By Edward Mukaro SMALL and Medium Enterprises Development Corporation (SMEDCO) will this year avail loans amounting to ZWL$ 90 million to small business, as small business operators have been paying back their loans well, SMEDCO acting chief executive Mr. Gift Sithole, has said. Small and Medium Enterprises mainly back Zimbabwe’s economy as statistics show that the sector accounts for more than 60 percent of employment in the southern African country, hence the move by SMEDCO is most certainly going to boost the sector’s productivity levels. Speaking in an exclusive interview…

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Business implores government to abolish mono currency

Business implores government to abolish mono currency

By Varaidzo Zhakata BUSINESS people and labour representatives attending the recently held Political Actors Dialogue (POLAD) introductory Economic Summit held at the Harare International Conference Center (HICC) expressed concern over the mono currency policy, which they said was not working as expected, since it has impoverished lives of millions of Zimbabweans, while also deterring any real prospects of foreign direct investment. In an open brief during the POLAD summit, Employers Confederation of Zimbabwe (Emcoz) president Israel Murefu said the Zimbabwean dollar had failed to store value, as a normal currency…

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Youths set for the 6th ARFSD

Youths set for the 6th ARFSD

By Varaidzo Zhakata MORE than 200 youths will participate in the 6th session of the Africa Regional Forum on Sustainable Development (ARFSD) to be held in Victoria Falls, this year. The Child President Mukudzeishe Madzivire and the Junior Minister of Information, Communication and Technology (ICT) Vanessa Chivizhe, who will also be part of the High Level Panel of Experts, will represent the Junior Parliament. The youths will take part in a variety of events lined up for them together with relevant stakeholders for the entire period of the event, including…

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