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Zimra executives in US$585m tax evasion corruption scam
CORRUPTION skeletons involving a series of multi-billion-dollar tax evasion scandals are tumbling out of the Zimbabwe Revenue Authority (Zimra) cupboard amid a new corruption scam involving Chinese di...Published: 20 Jul 2021 at 11:17hrs | | by Staff reporter
Army-linked Anjin grabs richest diamond claim
AN army-linked miner, Anjin Investments (Pvt) Ltd, grabbed the most lucrative diamond claim in Marange from a firm owned by the government after being relicensed under unclear circumstances, it has em...Published: 15 Jan 2021 at 07:47hrs | | by Kenneth Matimaire
Chinese firm eyes 5-star hotel
ANHUI Foreign Economic Construction Group Co Ltd (Afecc) is looking to invest in a five-star hotel in Zimbabwe, but that would depend on whether they will get back their money.The group has in...Published: 30 Aug 2019 at 08:18hrs | | by Staff reporter
Revisiting the Beitbridge-Harare highway
The state of the Beitbridge-Harare (A4) Highway is now a cause for concern as the number of human fatalities grows by each day due to deadly accidents in the narrow strip that links Zimbabwe and South...Published: 06 Jul 2019 at 08:06hrs | | by Victor Bhoroma
Beitbridge-Chirundu highway's new design to cost US$520 000
THE Beitbridge-Harare-Chirundu highway dualisation project has been pushed back by a further three months over new designs. This comes as government scouts for a new road designer after Austrian firm...Published: 15 Mar 2019 at 19:53hrs | 1 | by Staff reporter
Zinara seeks $250m for project
THE Zimbabwe National Road Authority (Zinara) will float US$250 million worth of infrastructure bonds to mobilise funds for upgrading the Harare-Masvingo-Beitbridge highway. This comes after governmen...Published: 14 Dec 2018 at 06:28hrs | | by Staff reporter
Mnangagwa dumps Chinese contractor
GOVERNMENT has abandoned talks with Chinese contractor Anhui Foreign Economic Construction Group Limited (AFECC) for the dualisation of the Beitbridge-Harare-Chirundu Highway, opting for local financi...Published: 30 Nov 2018 at 10:35hrs | 1 | by Staff reporter
Mnangagwa govt abandons complete dualisation of Beitbridge-Harare-Chirundu highway
GOVERNMENT has abandoned the controversial $2,7 billion deal with Chinese firm Anhui Foreign Economic Construction Group Limited (Afecc) for the dualisation of the Beitbridge-Masvingo-Harare-Chirundu ...Published: 31 Oct 2018 at 11:57hrs | | by Ndou Paul
'Beitbridge Highway dualisation project to begin soon'
Government says construction work on dualisation of the Beitbridge – Harare Highway will kick-start soon using local resources through the Ministry of Transport and Infrastructure Development while ...Published: 19 Oct 2018 at 06:54hrs | | by Staff reporter
Zimbabwe goes it alone on Chirundu-Harare-Beitbridge Highway dualisation
GOVERNMENT has decided to go it alone and dualise the Chirundu-Harare-Beitbridge Highway while talks with Chinese Anhui Foreign Economic Construction Group Limited (Afecc) for the $2 billion tender co...Published: 18 Oct 2018 at 06:37hrs | | by Staff reporter
Chinese deals, raw or fair for the Zimbabwean economy?
Given the recent developments in Zimbabwe and the African continent, it is worthy assessing how Chinese investments can affect the local economy going forward. Critical for Zimbabwe is how the country...Published: 17 Oct 2018 at 21:41hrs | 1 | by Victor Bhoroma
Mnangagwa's govt to engage local firms for Beitbridge-Chirundu highway
Government is moving to engage Zimbabwean road construction firms in a major road expansion programme connecting Beitbridge and Chirundu amid indications the deal reached with Chinese firm Anhui Forei...Published: 07 Oct 2018 at 12:54hrs | | by Staff reporter
Zimbabwe road upgrades gather pace
THE modernisation of major roads, particularly the much-talked about Harare-Beitbridge highway, is gathering pace after Government officials met Anhui Foreign Economic Construction Corporation (AFECC)...Published: 30 Sep 2018 at 07:21hrs | | by Staff reporter
Beitbridge - Harare road dualization in limbo
GOVERNMENT could abandon the controversial US$2,7 billion deal with Chinese firm Anhui Foreign Economic Construction Group Limited (Afecc) for the dualisation of the Chirundu-Beitbridge highway after ...Published: 07 Sep 2018 at 07:36hrs | | by Staff reporter
Dualisation contractor tables funding options
THE new contractor for the dualisation of the Harare-Beitbridge and Harare-Chirundu highways, Anhui Foreign Economic Construction Group Limited (AFECC) from China, has submitted three funding options ...Published: 24 Aug 2018 at 05:52hrs | | by Staff reporter
Zim engages Chinese firm over Beitbridge-Chirundu highway
Government is engaging a new contractor from China, Anhui Foreign Economic Construction Group Limited (AFECC), for the dualisation of the Harare-Beitbridge and Harare-Chirundu highways after it withdr...Published: 09 Jul 2018 at 07:29hrs | 1 | by Staff rpeorter
Chinese eye $3bn Zimbabwe highway tender
CHINESE firm Anhui Foreign Economic Construction (Group) Co Limited (AFECC) could clinch the $3 billion contract to resurface the long-awaited Beitbridge-Harare-Chirundu Highway, NewsDay reported....Published: 02 Jul 2018 at 16:27hrs | | by Staff reporter
Govt engages Chirundu highway contractor
GOVERNMENT is engaging a Chinese Company, Anhui Foreign Economic Construction Group Limited (AFECC), for the dualisation of the Harare-Beitbridge-Chirundu Highway after it withdrew a tender that had b...Published: 27 Jun 2018 at 06:52hrs | 1 | by Staff reporter
Mugabe could spill diamond beans
ZIMBABWE'S intelligence services bosses fear parliament's bid to summon former president Robert Mugabe to provide oral evidence on the supposed missing US$15 billion diamond revenues could open a Pand...Published: 01 Jun 2018 at 16:38hrs | 6 | by Staff reporter
Mnangagwa bows to Chinese pressure
THE Zimbabwean government has bowed to Chinese pressure and will restore Anjin Investment's operating licence after finalisation of the new diamond policy, nearly three years after the entity was stop...Published: 24 May 2018 at 10:16hrs | 1 | by Staff reporter
Chiwenga tell contractors to 'deliver or quit'
VICE-PRESIDENT Constantino Chiwenga yesterday warned that the government would not hesitate to withdraw contracts from firms that take long to implement national projects after winning tenders....Published: 26 Apr 2018 at 09:03hrs | 1 | by Staff reporter
Highway tender cancellation could cost govt millions
President Emmerson Mnangagwa's administration could be in a spot of bother over cancellation of the tender for $1 billion Beitbridge-Chirundu highway dualisation project, which legal experts indicatin...Published: 26 Apr 2018 at 08:28hrs | 1 | by Staff reporter
Zimbabwe sets record straight on cancelled highway tender
Cabinet took a decision to terminate the contract for the dualisation of the Beitbridge-Harare Highway on March 13, 2018 and instructed the Attorney-General, Advocate Prince Machaya, to furnish the Pr...Published: 10 Apr 2018 at 06:47hrs | | by Staff reporter
Geiger Austrian firm loses Harare-Beitbridge highway dualisation tender
Cabinet has resolved to withdraw the tender awarded to Austrian firm, Geiger, for the dualisation of the Harare-Beitbridge-Chirundu highway, President Emmerson Mnangagwa announced yesterday.Br...Published: 06 Apr 2018 at 07:20hrs | | by Staff reporter
Mnangagwa winds down China trip
President Mnangagwa has arrived in Hangzhou, Zheijiang province on the last leg of his five-day State Visit to China.He is scheduled to have meetings with the provincial leadership and the bus...Published: 05 Apr 2018 at 14:53hrs | | by Staff reporter
Jinan diamond saga mystery - rewind
MYSTERY surrounds the investigation into a case in which Jinan Diamond Mining Company allegedly externalised US$585 million, amid revelations the National Prosecuting Authority (NPA) has no docket of ...Published: 19 Mar 2018 at 14:58hrs | | by Staff reporter
Chinese panic over Zim economy
THE local unit of Chinese firm Anhui Foreign Economic Construction Company (Afecc) will invest in Namibia to offset a downturn in economic fortunes in Zimbabwe as this country grapples with one of...Published: 13 Apr 2017 at 14:23hrs | | by Staff reporter
Zimbabwe Defence ministry, Chinese at loggerheads
A rift has developed between the Ministry of Defence ministry and a Chinese investor over a multi-million dollar shopping mall after the army unilaterally used the property as collateral to secure a U...Published: 08 Jan 2016 at 06:52hrs | | by Staff reporter
'Of Mega Deals and Mega Poverty'
As leader of a political party which is working tirelessly to win the confidence of the people of Zimbabwe, I have substantive interest in anxieties and expectations emanating from the litany of unful...Published: 11 Dec 2015 at 09:10hrs | | by Professor Welshman Ncube
China support not enough to rescue Zimbabwe economy
SNUBBED by a U.S.-hosted gathering of African leaders this month, veteran President Robert Mugabe has turned again to "old friend" China, but even Beijing's support may not be enough to rescue h...Published: 28 Aug 2014 at 21:43hrs | | by Reuters
Zim diamond firm becomes world largest diamond producer
One of the four companies that are carrying out diamond mining operations in Chiadzwa, Marange District, ANJIN Investments is now the largest diamond company in the world, this has been confirmed by...Published: 15 Dec 2011 at 23:26hrs | 1 | by Staff reporter
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