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Sunday News

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Minister Sithembiso Nyoni Gabriel Masvora Business Editor THE Government has come up with a law that mandates that at least a quarter of its tenders be awarded to Small and Medium Enterprises as part of uplifting the sector, seen as a vital cog in efforts to revive the economy. ...

Gabriel Masvora Business Editor THE Government has facilitated the implementation of at least 10 major projects in line with the Zimbabwe Agenda for Sustainable Socio-Economic Transformation economic blue print although funding to implement all projects is now estimated at $30 billion. ...

Thulani Ndlovu Business Correspondent THE National Social Security Authority is suing ailing company, Belmont Printers for failing to submit statutory contributions amounting to $17 000 to the organisations for a two-year period between March 2011 and 31 May 2013. ...

Mr Callisto Jokonya INDUSTRY has called upon the Reserve Bank of Zimbabwe to compel local banks to put an interest of around 7 percent and 8 percent on deposits. ...

Thuso Maphala Economic Focus URBAN local government entities in Zimbabwe are mandated to search for and woo investments into their areas by provisions in the Urban Councils Act but failure to do so is not an offence. Each urban council must therefore necessarily have its own economic development strategy ...

SINGAPORE — Smartphones and tablet computers are expected to boost online retail sales in the Asia-Pacific region to more than $400bn a year by 2018, a report said on Friday. ...

RUSTENBURG — The economy of the country has deteriorated due to the strike in the platinum sector, the mayor of Moses Kotane local municipality Fetsang Mokati-Thebe said on Friday. ...

Roberta Katunga Senior Business reporter THE Zimbabwe National Chamber of Commerce congress is set to tackle key issues that continue to hamper the realisation of the country’s aspirations as enunciated in the various economic blueprints that the government has produced. ...

JOHANNESBURG  — The South African rand fell against the dollar on Friday, hitting its weakest level in a month, after central bank data showed a wider-than-expected trade deficit. ...

MUNICH — The chief executive of German conglomerate Siemens said up to 11 600 jobs could be at risk in a restructuring plan he unveiled earlier this month that aims to save the company €1bn annually. ...