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African Sun terminates hotel sale agreements with TD hotels
Hospitality group African Sun Limited (ASL) has announced the termination of its agreements for the sale of two hotels to TD Hotels & Leisure (Private) Limited. The decision comes as ASL had previ...Published: 14 Oct 2024 at 10:22hrs | 1350 | by Staff reporter
African Sun shuts down Victoria Falls Kingdom Hotel
African Sun Limited has announced it is shutting down its Kingdom Hotel in Victoria Falls January next year after failing to agree on lease terms with First Capital Bank, owners of the property....Published: 30 Nov 2022 at 05:16hrs | 2 | by Staff reporter
Malema chides black South Africans for fighting Zimbabweans over crumbs
South Africa's opposition Economic Freedom Fighters (EFF) leader Julius Malema has chided his compatriots for fighting Zimbabweans they accuse of stealing their jobs while sparing white business owner...Published: 04 Sep 2022 at 19:35hrs | 2 | by Staff reporter
We were sold dummy, says ex-Zipra cadres
FORMER Zipra ex combatants have complained that government has not honoured its promise to give them shareholding in the Gwayi based China-Africa Sunlight Energy coal mine project.The Matabele...Published: 23 Jan 2021 at 22:36hrs | | by Staff reporter
Prioritise locals over Chinese contractors for the benefit of Zim economy
Kenyan law professor Patrick Lumumba gets animated when he talks about China's rising influence on the African continent where governments get blinded by their fraternal ties with the Communist Party ...Published: 30 Sep 2020 at 10:51hrs | 7 | by Anthony Matutu
Outrage over Bulawayo hotel rates
Some leading Bulawayo hotels have reportedly increased their rates by as much 350 percent ahead of the Zimbabwe International Trade Fair (ZITF) expected to take place next month. ZITF, the cou...Published: 27 Mar 2019 at 06:40hrs | 5 | 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
African Sun euphoric about conferencing, foreign visits
AFRICAN Sun Limited (ASL) has announced it will spend $2,1 million in the last quarter of 2018 on refurbishments to improve standards of its hotels and boost occupancy in the future.Africa Sun...Published: 10 Sep 2018 at 07:01hrs | | by Staff reporter
ZMDC, Sakunda seal $63m Lupane gas exploration deal
The Government and Sakunda Energy have signed a $63 million agreement to explore for gas in the Lupane area in Matabeleland North province, Mines Minister Walter Chidhakwa has said.Through the...Published: 22 May 2017 at 06:27hrs | | by Staff reporter
The Mujurus wealth revealed
DETAILS of the late Retired General Solomon Mujuru's vast empire have started emerging despite concerted efforts by his widow, former Vice President Joice Mujuru, to conceal the riches, The Herald can...Published: 13 Mar 2017 at 12:10hrs | | by Staff reporter
Boss, worker sex scandal
AN Africa Sun general manager allegedly resigned after he was confronted on allegations that he impregnated a subordinate whom he forced to terminate the pregnancy.However, when H-Metro we...Published: 07 Feb 2017 at 13:42hrs | 1 | by Staff reporter
Manager impregnates subordinate, orders her to terminate pregnancy
A married Africa Sun general manager and a father to four children allegedly quit after he was confronted on allegations that he impregnated a subordinate whom he forced to terminate the pregnan...Published: 07 Feb 2017 at 13:08hrs | 1 | by Staff Reporter
China committed to fund several projects, claims Mugabe
China has committed to fund the implementation of several projects here as relations between Harare and Beijing continue to flourish to greater heights, President Mugabe said last night.Th...Published: 28 Jan 2017 at 08:37hrs | | by Staff reporter
Zimbabwe cancels Essar's licences
GOVERNMENT has cancelled Indian conglomerate, Essar Africa Holdings' power generation licences after the company ditched the country due to government bickering over its investment in integrated steel...Published: 26 Jan 2017 at 06:09hrs | | by Staff reporter
CBZ wins all Excellence in Corporate Governance Banking Awards
CBZ Bank took first place in all the Banking Institutions Awards categories of the Excellence in Corporate Governance Banking Awards on Thursday, while its parent company, CBZ Holdings, was among ...Published: 21 Nov 2016 at 06:23hrs | | by MichaeL Hamilton
Gwayi-Shangani dam: Mat North's elusive hope
IT was in 1991 when the government made a resolution to build a dam at the confluence of the Gwayi and Shangani Rivers in Matabeleland North province.The multi-million dollar project was to be...Published: 07 Jun 2016 at 08:04hrs | | by Staff reporter
Gwayi-Shangani Dam project put on hold
THE Gwayi-Shangani Dam project in Matabeleland North remains in limbo three years on after the contractor suspended operations due to lack of funding.Close to $90 million is required to comple...Published: 03 Jun 2016 at 06:31hrs | | by Prosper Ndlovu
Mphoko plans Matabeleland North projects tour
VICE President Phelekezela Mphoko will this week visit various capital projects being undertaken in Matabeleland North Province to assess progress and find ways of possibly expediting them. The provin...Published: 31 May 2016 at 06:42hrs | | by Leonard Ncube
Dangote gets green light
PRESIDENT Mugabe has issued Special Grants to four new companies to explore and extract coal and coalbed methane gas in Matabeleland North Province, bringing the number of firms to exploit the resourc...Published: 07 Feb 2016 at 08:25hrs | 1 | by Dumisani Nsingo
Beitbridge Express Hotel shuts down
The $32 million Beitbridge Express Hotel with 140-rooms has shut down. The hotel closed shop on January 31 after suffering heavy losses amounting to $507 944 in the past two years....Published: 03 Feb 2016 at 07:18hrs | | by Thobekile Zhou
Zimbabwe, China sign 12 landmark deals
THE implementation of Zim-Asset received a major boost and fresh impetus yesterday following the signing of 12 landmark agreements between Zimbabwe and China to fund vital projects in key economic sec...Published: 02 Dec 2015 at 05:07hrs | | by Tendai Mugabe and Martin Kadzere
SA experience large influx of migrants in Africa - Munyeza
Former Africa Sun group of companies Chief Executive Officer Shingi Munyeza has posited that in Africa South Africa ranks highest with the number of Africa migrants flowing into the country."I...Published: 09 Nov 2015 at 07:26hrs | | by Stephen Jakes
'The pain will ease,' says Mugabe
THE government has set in motion an aggressive power generation plan which will see solar energy being harnessed to complement hydropower from Lake Kariba and thermal electricity extracted at Hwange, ...Published: 02 Oct 2015 at 06:22hrs | | by Tendai Mugabe
'Zimbabwe to export power by 2018'
ZIMBABWE will be a net exporter of electricity by 2018 and the current power outages will be a thing of the past as the government has intensified the implementation of various power projects already ...Published: 01 Oct 2015 at 06:27hrs | | by Tendai Mugabe
The Mujurus' obscene wealth revealed
Details of the late Retired General Solomon Mujuru's vast empire have started emerging despite concerted efforts by his widow, former Vice President Joice Mujuru, to conceal the riches. ...Published: 13 Jul 2015 at 09:46hrs | 1 | by Staff reporter
Gwayi-Shangani dam project on course
Environment, Water and Climate minister Saviour Kasukuwere does not know whether treasury has disbursed funds for the resumption of construction at the Gwayi-Shangani Dam. Despite this, Ka...Published: 26 Jan 2015 at 10:53hrs | | by Staff reporter
$100m Gwayi project in limbo
CHINA-Africa Sunlight Energy has delayed starting construction of a Gwayi coal mine and residential complex worth $100 million to mid-October after clearing work at the site started late, The Sour...Published: 25 Sep 2014 at 07:05hrs | | by Staff reporter
Hwange fault triggers massive load-shedding
Power utility Zesa yesterday said the power outages experienced in most parts of the country were due to technical fault at Hwange Power Station. Zesa spokesman Fullard Gwasira said techni...Published: 12 Sep 2014 at 08:29hrs | | by Staff reporter
Mat'land glory beckons
President Robert Mugabe's State visit to China is beaming with great potential that is set to rock Matabeleland north province with great leaps of economic growth, never witnessed since time immem...Published: 28 Aug 2014 at 14:25hrs | | by Tawanda Museve
China snubs desperate Chinamasa
ZIMBABWE is fast running out of funding options after Finance minister Patrick Chinamasa returned home empty-handed from his recent trip to China where the Chinese requested "bankable projects inste...Published: 24 Jan 2014 at 12:33hrs | | by Staff reporter
Gwayi power generating plant on the cards
CHINA-Africa Sunlight Energy will invest $250 million towards the construction of a power generation plant in Gwayi, a company official confirmed yesterday. The company is a joint venture betw...Published: 16 Jan 2014 at 07:32hrs | 1 | by Business Reporter
Chinese firm plans $2.1 billion power plant for Zimbabwe
CHINA Africa Sunlight Energy said it plans to invest as much as $2.1 billion in Zimbabwe developing coal mines and building a 2,100-megawatt plant powered by the fuel to help ease electricity shortage...Published: 03 Sep 2013 at 17:34hrs | | by Bloomberg News
China Africa completes exploration activities in Gwayi
A COAL and methane gas mining company, China Africa Sunlight Energy, has completed exploration activities in the Gwayi area of Matabeleland North province. The firm's general manager, Retired ...Published: 22 Jun 2013 at 05:50hrs | | by Staff Reporter
Gwayi project to generate $1 billion annually
A major mining and industrial project that is currently taking shape in the Gwayi area in Matabeleland North is projected to generate about $1 billion in annual gross revenues when completed in 2015, ...Published: 06 May 2013 at 05:41hrs | | by Staff reporter
Zimbabwe's initiatives to boost the power situation
PRESS RELEASEIn view of the current challenges besetting the efficient supply of power nationwide and the need to enhance the financial position of the electricity utilities, the Ministry of ...Published: 05 May 2013 at 08:09hrs | | by Mangoma
Mega industrial city for Lupane
Another seemingly ambitious plan for Matabeleland region has once again been revived.Following years of recommendations and studies on possible projects to tap into the huge coal deposits in M...Published: 05 May 2013 at 06:09hrs | | by Levi Mukarati
British tour operators starting to feature Zim in their brochures
British tour operators are starting to feature Zimbabwe in their brochures again. Graham Boynton, who grew up in Bulawayo, considers whether it is right for tourists to return. Within hours o...Published: 11 Jul 2012 at 06:41hrs | | by Graham Boynton
Row over establishment of coal mines in Gwayi conservancy area
The Gwayi Valley Intensive Conservation Area has expressed fears that that the establishment of coal mines in the Gwayi area of Matabeleland North will have a negative impact on the the hunting and ph...Published: 02 May 2012 at 16:14hrs | | by Ndou Paul
Chinese want to extract Lupane gas deposits
China-Africa Sunlight Energy (Private) Limited has contracted Environmental Guardians Services to conduct an environmental impact assessment for exploration of coal and methane gas in Gwayi-Concessio...Published: 03 Apr 2012 at 13:40hrs | | by Staff reporter
African Sun - Market Update - AGM
African Sun Limited is pleased to release the presentation by Dr S.A. Munyeza, Group CEO, to shareholders at the 40th Annual General Meeting. Below is an extract from the presentation:STRATEG...Published: 02 Apr 2012 at 07:24hrs | | by Mafu Sithabile
African Sun splash $10 Million Loan on hotel refurbishment
Hospitality group Africa Sun Limited is re-launching its Holiday Inns hotels in Bulawayo and Harare after extensive renovations at the tune of $10 million in a move geared at bringing back the group t...Published: 10 Feb 2012 at 05:21hrs | | by Alois Sibanda
Zimbabwe hotels spurs Africa Sun's recovery
Africa Sun revenue from continuing operations for the year ended 30 September 2011 grew by 22% to $48.8 million, up from $39.95 million last year, driven mainly by a strong revenues per available roo...Published: 02 Dec 2011 at 06:43hrs | | by Moyo Roy
African Sun CEO axed as dispute over rentals escalates
AFRICAN SUN chief executive officer Dr Shingi Munyeza has been axed from the Dawn Properties Limited board after his scheme to ease out Dawn chairman Mr Tendayi Chimuriwo boomeranged, The Sunday Mail ...Published: 07 Aug 2011 at 05:31hrs | | by Mafu Sithabile
Africa Sun not renewing operating agreements for Johannesburg properties
African Sun Limited has issued a statement notifying shareholders that it has elected not to renew its operating agreements for both of the properties that it operates in Johannesburg, as highlighted ...Published: 04 Aug 2011 at 07:01hrs | | by Imara
Walter Mzembi crowned African Tourism Minister of the Year
Walter Mzembi, the Minister of Tourism and Hospitality Industry, Zimbabwe, was crowned the African Tourism Minister of the Year at the Africa investor Tourism Investment Awards in South Africa....Published: 23 Feb 2011 at 07:49hrs | | by Bhebhe Mandla
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