Tourism needs stronger links to grow: Pololikashvili

Tourism needs stronger links to grow: Pololikashvili

By Daniel Chigundu UNWTO secretary general Zurab Pololikashvili has called for stronger links between public and private players in the tourism sector so that people on the continent can benefit greatly. Players in the tourism sector have been blamed for failing to work together for example on sharing data and research but rather preferring to compete on almost everything, a development which is reportedly affecting the growth of the tourism sector in Africa. Lack of growth in the tourism sector also affects the creation of tourism jobs and also has…

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No money for fuel marking: ZERA

No money for fuel marking: ZERA

By Daniel Chigundu ZIMBABWE Energy Regulatory Authority (ZERA) says the country has not yet started implementing fuel marking owing to lack of funds for the project. Fuel marking which has been on the cards for a long time now is one of the ways in which government can flush out issues of rampant fuel smuggling which are reportedly depriving the country of import duty and other fuel related taxes. It is reported that some companies are smuggling fuel into the country and avoiding paying of duty purporting that it is…

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Feonirich LLC investment excites Zimbabwe …move to help tourists stay longer

Feonirich LLC investment excites Zimbabwe …move to help tourists stay longer

By Daniel Chigundu PERMANENT Secretary in the Ministry of Tourism and Hospitality Industry Thokozile Chitepo says she is excited by the tourism investment that UAE based investor Feonirich LLC will bring to the country. Feonirich LLC delegation which arrived in the country on the 28th of May is currently touring some proposed sites in Victoria Falls for their investments which will include the development of a medical resort, sports racing; Grand Prix/Race Circuit and hunting safaris. Zimbabwe is currently on a mission to lure investors following Operation Restore Legacy which…

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AGM to finalise sell of Hwange Town: Chitando

AGM to finalise sell of Hwange Town: Chitando

By Daniel Chigundu MINES and Mining Development Minister Winston Chitando says he expecting that the upcoming annual general meeting (AGM) of Hwange Colliery will finalise the sale of Hwange Town and houses as has been agreed. Hwange is currently saddled by a huge debt overhang that has seen it failing to attract investment or accessing loans for capitalisation from financing institutions both inside and out of the country. The debt has been affecting production as the company has no resources to purchase the much-needed equipment to up production, leaving it…

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Parliament waits on Mugabe …as US$15 billion probe intensifies

Parliament waits on Mugabe  …as US$15 billion probe intensifies

By Daniel Chigundu MINES and Energy Parliamentary Portfolio Committee chairperson Temba Mliswa has revealed that they are waiting on former President Robert Mugabe’s confirmation to attend the committee on Wednesday. The committee is currently carrying out a probe on the alleged missing US$15 billion which Mugabe claim was lost through shoddy dealings in the diamond mining sector. Already all the companies and officials who were directly or indirectly involved in the mining of the country’s diamonds at Chiadzwa have appeared before the committee and have given their sides of the…

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We want to regain South Africa market: Dr Kaseke

We want to regain South Africa market: Dr Kaseke

By Daniel Chigundu ZIMBABWE Tourism Authority (ZTA) chief executive Dr Karikoga Kaseke has said Zimbabwe is going to use the Africa Travel Indaba to regain lost market in South Africa. Travel Indaba which will run from 8-10 May this year, is Africa’s largest tourism show that sees the continent showcasing its’ wide variety of tourism products. The show, to which Zimbabwe has been a consistent participant in the past 30 years, also attracts international buyers and media from across the globe and provides a business and policy platform forum for…

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FAW invests US$20m in Byo plant

FAW invests US$20m in Byo plant

By Ndafadza Madanha CHINESE motor vehicle manufacturer FAW plans to open a US$20m assembly plant in Bulawayo by year end as international investors continue to warm up to the country. According to Henry Madovi an official with FAW the assembly plant will create over 100 jobs and plant equipment is already on its way from China. He said the plant will be dedicated to assembling heavy motor vehicles as the company anticipates a spike in the country’s infrastructure and transportation projects. “We shall be assembling buses and trucks from Bulawayo by the…

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Labour Minister snub Workers Day

Labour Minister snub Workers Day

By Daniel Chigundu ZIMBABWE Congress of Trade Unions (ZCTU) has raised concern over the decision by the Ministry of Labour and Social Welfare to snub Worker’s Day (May Day) celebrations since last year. The decision to snub the event could be emanating from the fact that ZCTU has largely been associated with opposition politics and is also credited for giving birth to MDC-T in 1999. Zanu PF which is currently in the government formed its own trade union called the Zimbabwe Federation of Trade Unions which was once led by…

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NSSA defends pension payout

NSSA defends pension payout

  By Ndafadza Madanha THE National Social Security Authority (NSSA) says its core mandate is to provide a basic safety net for its stakeholders but this does not preclude them from making additional savings. In an interview the marketing and communication executive Tendai Mutseyekwa said it was a misconception for people to expect NSSA payouts to cushion pensioners. The authority has in recent time come under intense criticism for the monthly payouts to pensioners which are not commensurate with cost of living. Pensioners receive a minimum of US$80 a month….

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Delta to introduce new beers …unfazed by Pepsi competition

Delta to introduce new beers …unfazed by Pepsi competition

By Daniel Chigundu GIANT beverages manufacturing company Delta Corporation says it will be introducing about three new types of beers onto to the market in the near future. The new beers Budweiser, Stella Artois and Corona are a result of Delta’s association with ABInBev which took over SAB Miller. In an interview at the on-going 2018 edition of Zimbabwe International Trade Fair, Delta Corporation corporate affairs executive Patricia Murambinda said the beers are yet to hit the market but will be coming soon. “Very soon we are looking at introducing…

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