ZMF signs landmark deals

ZMF signs landmark deals

By Lucy Tandi THE Zimbabwe Miners Federation (ZMF) has signed three (3) partnership deals with various strategic partners including CBZ Bank and an international partner, a development that is set promote gold buying from producers, improve miners’ access to machinery, and motor vehicles, among other beneficial schemes. CBZ Bank, CMED and AliJapan786 Zimbabwe Limited today agreed to grow and develop the artisanal and small-scale miners in Zimbabwe. The Memorandum of Agreement (MoAs) seeks to promote gold buying from small scale miners, create a fuel scheme for small-scale miners, avail ZMF/vehicle…

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Pupils have their say

Pupils have their say

Reporter AS the impasse between teachers and government nears its third week, since 28th September, the future of pupils from the average Zimbabwean family has been thrust into oblivion, since they are getting no lessons and cannot afford the US$10 for extra lessons charged by private tutors, according to a Twitter video showing Jacob Ngarivhume’s visit to a local school. The Government of Zimbabwe (GoZ) opened schools for examination classes on the 28th September 2020 after a lengthy closure from March, in the wake of the COVID- 19 pandemic outbreak….

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Jail sentence for land barons-Min Moyo

Jail sentence for land barons-Min Moyo

Wellington Zimbowa PRELIMINARY reports from land scam investigating teams across the country already shows the inevitable jailing of many council and political party leaders regardless of rank or file, Local Government Public Works and National Housing minister July Moyo has said. Speaking, recently at the Gender Links Local Governance Awards Dinner in the capital minister Moyo said President Emmerson Mnangagwa’s administration was ‘violent’ against land scam practices. Minister Moyo said reports from investigation teams countrywide were gloomy for lawbreakers, as the law will take its full course and culprits set…

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Reckless police to face the music

Reckless police to face the music

COMMENT THE government has promised to take action against the unwarranted reckless behaviour of policeman who fired tear gas canister in a bus full of passengers. The bus was bound to travel to Bulawayo when police patrolling the area fired a teargas canister, because, allegedly a tout was driving the bus. Despite the fact that a tout was allegedly driving the bus, such levels of irresponsibility to not bode well for the police, especially when the police’s role is to serve and protect. Who will now protect the people from…

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Data subscriptions spur Econet through COVID- 19

Data subscriptions spur Econet through COVID- 19

By Staff Reporter LEADING mobile telecommunications giant, Econet Wireless Zimbabwe has posted an increase of 63% for data consumption compared to the prior year, according to the firms’ trading update for the second quarter and half-year period ending. Voice traffic increased by 7.9 percent (%), while SMS traffic was up 41.6% compared to the previous half-year period. As the COVID- 19 pandemic’s negative effects kicked-in, business operations across the divide was affected, as business was mainly being conducted virtually, as physical distancing and other regulations to curb the COVID- 19…

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Monthly family bread basket shoots up to ZWL$20.000

Monthly family bread basket shoots up to ZWL$20.000

By Staff Reporter A low-income urban monthly budget for a family of six now requires a whooping ZWL$20 985 for basic commodities, rent payments and other day to day needs, a survey for the month of September by the Consumer Council of Zimbabwe reveals. The amount dwarfs the majority of Zimbabwe’s labour force salaries, both from the private and civil sector. It has to be noted that although the CCZ report notes the issue of education (which is slated at ZWL$2000), it is somewhat vague, as parents have been asked…

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Invictus Energy commences oil and gas exploration

Invictus Energy commences oil and gas exploration

By Wellington Zimbowa AUSTRALIAN Stock Exchange (ASX) listed firm, Invictus Energy is beginning field operations at its 250.000 Acres Cabora Bassa Basin in Muzarabani ahead of the planned exploration drilling in 2021. Its national status project has also managed to raise further funding through investment vehicle company Mangwana Opportunities for the preparatory work. “Invictus Energy Limited (“Invictus” or “the Company”), is pleased to announce that the company is set to commence a field reconnaissance program in the next fortnight and has completed a further placement for the equivalent of AUD$220k…

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Primary producers overtake ASM in gold deliveries

Primary producers overtake ASM in gold deliveries

By Lucy Tandi PRIMARY gold producers delivered 2.576.515 tonnes of gold to Fidelity Printers and Refiners (FPR), a difference of 55.2% compared to Artisanal and Small-Scale Miners’ production levels during the third quarter of 2020. ASM production plummeted from the prior year’s 2.478.1176t to a low of 1462.213t for the period under review. Total gold delivered to Fidelity for the period under review-totalled 4.038.728t, a slight decline from the prior quarter’s, which saw a combined 4.889.78t of gold delivered to FPR. The 4038.728t of the bullion delivered to FPR during…

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ZMF signs landmark deals

ZMF signs landmark deals

By Lucy Tandi THE Zimbabwe Miners Federation (ZMF) has signed three (3) partnership deals with various strategic partners including CBZ Bank and an international partner, a development that is set promote gold buying from producers, improve miners’ access to machinery, and motor vehicles, among other beneficial schemes. CBZ Bank, CMED and AliJapan786 Zimbabwe Limited today agreed to grow and develop the artisanal and small-scale miners in Zimbabwe. The Memorandum of Agreement (MoAs) seeks to promote gold buying from small scale miners, create a fuel scheme for small-scale miners, avail ZMF/vehicle…

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Foreign exhibitors jostle for SMEs Expo space

Foreign exhibitors jostle for SMEs Expo space

By Staff Reporter PREPARATIONS for the 10th Anniversary of the SMEs International Expo are already at an advanced staged, with the premium exhibition having already registered more than 25 foreign exhibitors for this year’s unique ‘virtual Expo’, which will run under the theme: “Sustainable Production for economic Growth in Africa, during and post-COVID- 19,” from the 28 – 30th October 2020. Organisers of the event are optimistic of drawing even more corporates and SMEs across the globe, due to the fact that the virtual experience, which does not have any…

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