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Zimbabwe to utilise PPPs to expedite roads rehab in Matebeleland
The Ministry of Transport and Infrastructural Development says it is utilising Public-Private Partnerships (PPPs) to expedite the rehabilitation of some dilapidated roads in the Matabeleland region....Published: 26 Jul 2024 at 09:05hrs | 700 | by Staff reporter
Zimbabwe's digital title deeds on the cards
THE Presidential Title Deeds programme will soon unveil a digitalised and securitised document that is tear and water proof as the Second Republic led by President Mnangagwa moves to curb cases of fra...Published: 05 Mar 2024 at 04:54hrs | | by Staff reporter
US$115m loan for NRZ imminent
The National Railways of Zimbabwe is on the verge of finalizing a loan agreement of US$115 million with the African Export-Import Bank (Afreximbank). Out of this amount, $81 million will be allocated ...Published: 29 Oct 2023 at 12:25hrs | | by Staff reporter
Stanbic supports artists to maximise their talents for financial gain
Harare, 11 October 2023 - Leading financial services institution, Stanbic Bank Zimbabwe is committed to propping up musicians and other creative artists and hel...Published: 11 Oct 2023 at 22:03hrs | 11 | by Agencies
Be your own employers, graduates told
Graduates now have the opportunity to start new industries and companies through the Government's graduate employment creation and development programme and should shake off the attitude that they nee...Published: 18 Sep 2023 at 06:58hrs | 2 | by Staff reporter
Zida approved 4 PPPs in Q2
THE Zimbabwe Investment and Development Agency (Zida) approved four public-private partnerships (PPPs) in the second quarter of this year, with a combined value of more than US$186 million.The...Published: 17 Jul 2023 at 06:58hrs | 5 | by Staff reporter
Zimbabwe govt creates aviation firm
The government has engaged the Abu Dhabi-based advisory firm Knighthood Global Limited (Knighthood) to develop a bankable feasibility study (BSF) for the creation of the Zimbabwe Aviation Group....Published: 16 Jul 2023 at 09:18hrs | 4 | by Staff reporter
More support to grow Zimbabwe's small mining sector
SMALL-SCALE miners are at the centre of economic development in the country and Government will do everything possible to support them and improve their operating environment, President Mnangagwa has ...Published: 29 Jun 2023 at 06:25hrs | 3 | by Staff reporter
Economic sanctions continue to place Zimbabwe further into unsustainable debt
Finance minister Enoch Godongwana says the government supports Zimbabwe's implementation of key reforms to resolve its debt problems and end 21 years of sanction.If successful, such moves can ...Published: 26 May 2023 at 16:26hrs | | by Staff reporter
Zimbabwe debt clearance tied to farmers' compensation and credible polls
THE African Development Bank has moved to fast-track Zimbabwe's $3.5 billion compensation to white farmers whose land was seized under former president Robert Mugabe's reforms. The bank is leading eff...Published: 22 May 2023 at 06:40hrs | | by Zeenat Hansrod
AfDB facilitates 3rd Structured Dialogue Platform meeting in Harare on Zimbabwe Arrears Clearance and Debt Resolution process
HARARE - Zimbabwe moved closer to resolving its debt issues last week as it hosted the third debt and arrears clearance structured dialogue platform meeti...Published: 04 Apr 2023 at 18:18hrs | 1 | by APO
Zimbabwe's new mines law a welcome game changer, but.....
AFTER years of debates and uncertainty, government finally gazetted the Mines and Minerals Bill in February 2023 to ostensibly replace the current Mines and Minerals Act [Chapter 21:05]. The current A...Published: 04 Apr 2023 at 06:31hrs | 2 | by James Tsabora
Giant step taken on Zimbabwe's 1 000MW floating solar project
THE bankability and feasibility study for the 1 000 Megawatt floating solar farm on Lake Kariba is expected to be completed this year while work on the proposed US$1 billion project will commence soon...Published: 04 Apr 2023 at 06:25hrs | 1 | by Mbuso Ndlovu
IDBZ seeks US$1,5bn for infrastructure gaps
THE Infrastructure Development Bank of Zimbabwe (IDBZ) has revealed that it requires US$1,5 billion funding to plug the country's "vast" infrastructure deficit.The announcement comes as the go...Published: 03 Apr 2023 at 06:30hrs | | by Staff reporter
Obama of Zimbabwean politics will capitalise on voter apathy
LEADER of Democratic Union of Zimbabwe (DUZ), Robert Howard Chapman, is a fascinating man. Sharp and erudite, he has brought an interesting perspective to Zimbabwean politics.He has taken out ...Published: 09 Mar 2023 at 05:23hrs | | by Nevanji Madanhire
Zimbabwe govt appoints power projects technical committee
GOVERNMENT has appointed a 20-member technical committee to be part of the team responsible for the implementation of power projects in the country.This comes after Finance and Economic Develo...Published: 06 Mar 2023 at 05:16hrs | | by Staff reporter
Mnangagwa offers CFU president a Ministerial post?
The Commercial Farmers Union (CFU) president, Andrew Pascoe, is set to be appointed Minister of State, a move which will ensure the smooth flowing of compensation of former farm owners, Business Times...Published: 04 Mar 2023 at 10:29hrs | 1 | by Staff reporter
Zimbabwe launches US$10 million gold facility
Prospects for increased gold production received a boost yesterday when Finance and Economic Development Minister, Professor Mthuli Ncube launched a US$10 million gold fund targeting small-scale and a...Published: 16 Feb 2023 at 04:50hrs | | by Staff reporter
Analysis of the 2023 national budget
The Zimbabwean government presented a ZW$4.5 trillion budget (21% of 2021 GDP) for the 2023 fiscal year. The government expects to collect revenues totaling ZW$3.9 billion (18% of GDP), thus resulting...Published: 16 Dec 2022 at 00:15hrs | 4 | by Victor Bhoroma
Causes of food inflation in Zimbabwe
The World Bank recently released a report of the countries hardest hit by food inflation in the world. Zimbabwe tops that list with food inflation of 353% in the month of August 2022, beating Lebanon ...Published: 16 Dec 2022 at 00:11hrs | 3 | by Victor Bhoroma
Zimbabwe macroeconomic priorities for 2023
Zimbabwe's treasury department presented a ZW$4.5 trillion budget (21% of 2021 GDP) for the 2023 fiscal year. The budget roughly translates to US$5.3 billion if the market exchange rate is used. As is...Published: 15 Dec 2022 at 23:53hrs | | by Victor Bhoroma
260,000 people on Zimbabwe's land waiting list
An estimated 260 000 people are on the waiting list for land with 10 000 in the diaspora, government said yesterday as it announced plans to speed up the allocation of land to the landless.Add...Published: 14 Dec 2022 at 06:40hrs | 3 | by Staff reporter
Government outlines measures to stabilise electricity supply
Efforts to stabilise electricity supply are ongoing, with the Government coming up with a raft of measures such as gradually reviewing the tariff upwards so that funds are available for maintenance, i...Published: 02 Dec 2022 at 04:56hrs | | by Staff reporter
The alternative Sona by Trevor Ncube
DEAR compatriots, comrades, and friends.Since independence in 1980, our nation has experienced moments of joy punctuated with anguish and trauma.The dream of our liberation struggle of...Published: 01 Dec 2022 at 04:58hrs | | by Trevor Ncube
Mnangagwa woos investors at AfDB organised forum
PRESIDENT Emmerson Mnangagwa has invited investors who graced the recently held Africa Development Bank (AfDB) organised event to tap into the country's agricultural, mining and manufacturing sectors ...Published: 13 Nov 2022 at 17:32hrs | | by Staff reporter
Doctors ask Chiwenga for land to build surgeries
GOVERNMENT has said that plans to redevelop some of the oldest suburbs across the country is critical in increasing housing space and industrial opportunities.The idea dovetails with the Secon...Published: 03 Oct 2022 at 06:11hrs | | by Staff reporter
Dump this 99-year lease nonsense
ZIMBABWE'S land issue has cracked our heads for too long to a point that we are now unable to utilise the God-given natural resource for our own good.As we write, millions of Zimbabweans face ...Published: 21 Sep 2022 at 06:01hrs | | by Staff reporter
Mnangagwa says 'don't be left behind'
LOCAL investors should not be left behind Zimbabwe's economic drive, which is expected to put them at the forefront of the ongoing transformation, modernisation and industrialisation, President Emmers...Published: 26 Aug 2022 at 06:33hrs | | by Staff reporter
Batoka takeoff failure leaves Zimbabwe, Zambia facing uncertain power future
THE revelations by the Zambezi River Authority (ZRA) that a consortium which clinched a deal to implement the 2 400-megawatt (MW) Batoka Gorge Hydro-Electric Scheme (BGHES) was struggling to mobilise ...Published: 28 Jul 2022 at 06:35hrs | 3 | by Staff reporter
Zimbabwe banks letting down farmers
FORMER Agricultural and Rural Development Authority (Arda) board chairperson Basil Nyabadza says Zimbabwe's agricultural financing needs an overhaul because banks and other financial institutions were...Published: 11 Jun 2022 at 10:01hrs | 2 | by Staff reporter
BCC in 100MW solar power joint ventures
A PROPOSED 50 megawatt solar farm joint venture between the Bulawayo City Council and Williams Engineering at Ncema Dam in Esigodini has been given a nod while another 50MW private undertaking at West...Published: 10 Jun 2022 at 07:53hrs | | by Staff reporter
Food insecurity now a perennial threat
Zimbabwe is set to import 400 000 metric tonnes (MT) of Maize from Zambia and Malawi to be delivered this June to alleviate a food crisis in the country. This will cost the country at least US$120 mil...Published: 08 Jun 2022 at 07:12hrs | | by Victor Bhoroma
Zimbabwe's US$3bn platinum deal all but collapses in a shambles
IT was noisily touted as a game changer for Zimbabwe's mining sector, and the economy; a centrepiece of government's ambitious yet unrealistic US$12 billion target for the industry by next year and ca...Published: 31 May 2022 at 07:38hrs | 6 | by Staff reporter
Thandiwe Newton axed from film after furious bust-up with Channing Tatum
LINE of Duty actress Thandiwe Newton has been axed from the new Magic Mike film after a bust-up with Channing Tatum — about the Oscars slap.Witnesses said the row on set escalated to "astoni...Published: 14 Apr 2022 at 20:25hrs | | by Staff reporter
No hope for Batoka 50 years on
THE 2 400 megawatts (MW) Batoka Hydroelectric Power Station Project has come under the spotlight, with Zesa Holding executive chairman Sydney Gata explaining several missteps that have held back the p...Published: 03 Apr 2022 at 08:31hrs | | by Staff reporter
Matebeleland youths urged come up with bankable ideas
THE Business Economic Empowerment Forum has encouraged youths from the Matebeleland region to be patient and go through protocols and procedures required to establish bankable businesses.Speak...Published: 03 Apr 2022 at 08:27hrs | | by Staff reporter
Chiwenga cancels road deal while Mnangagwa is on leave
VICE-PRESIDENT Constantino Chiwenga allegedly pushed for the unilateral termination of a US$2 billion tender awarded to South African firm Khato Holdings for the dualisation of the Beitbridge-Victoria...Published: 11 Feb 2022 at 16:37hrs | | by Staff reporter
We need at least five tractors complete with harrows
That cattle malady Thelerios has rebounded with never before seen determination. Again the few remnant livestock from the first wave are sacuumbing to this dreaded bovine pandemic. Never did w...Published: 10 Feb 2022 at 11:52hrs | | by Tincuts Matepatepa
Nssa pensioners get 20% increment in January
PUBLIC Service, Labour and Social Welfare Minister Professor Paul Mavima has authorised the National Social Security Authority (Nssa) to increase benefits pay-outs by up to 21 percent to meet its targ...Published: 02 Jan 2022 at 09:09hrs | 3 | by Staff reporter
Why MDC is afraid of elections
RECENT reports that the MDC Alliance is mulling pulling out of next year's by-elections and the 2023 polls did not come as a surprise, but only served to confirm what this publication has stated in th...Published: 29 Nov 2021 at 05:30hrs | 5 | by Golden Guvamatanga
Inside the cotton value chain
Cotton has been grown in Zimbabwe from as far back as 1940, even though production was enhanced after the establishment of the Cotton Marketing Board (CMB) in 1969. The white Gold is the second most i...Published: 09 Sep 2021 at 19:33hrs | 6 | by Victor Bhoroma
Import Substitution: A case for soya beans
For the past 10 years, Zimbabwe has produced an average of 56 000 metric tonnes (mt) of soya beans per year against national demand of 240 000 mt for food, animal feed and industrial consumption. In t...Published: 01 Sep 2021 at 15:26hrs | 6 | by Victor Bhoroma
Govt to clear EPOs backlog next month
GOVERNMENT has pledged to clear all Exclusive Prospecting Orders (EPOs) before the end of September following concerns by Parliament over slow processing of mineral claim applications. The EPO...Published: 27 Aug 2021 at 06:28hrs | | by Staff reporter
Dr. Ralph Mguni: my Mentor, my Teacher
His proud self is still intact. He has never been different at any time and space. We should accept that the Nguni people are known for their high self-esteem are a proud people. In the interview he m...Published: 02 May 2021 at 17:13hrs | | by Nomazulu Thata
Land tenure reform to transform Zimbabwe rapidly
Two historical notes confirm the importance of land tenure and secure property rights. In the world today, only 18% of all agricultural land is privately-owned under freehold title. Yet this small are...Published: 16 Apr 2021 at 07:58hrs | | by Eddie cross
Zimbabwe banks shut doors on 99-year farm leases
THE government has been forced to reintroduce its defunct Agricultural Finance Corporation (AFC) after financial institutions grouped under the Bankers Association and resolved not to accept the state...Published: 11 Apr 2021 at 07:00hrs | | by Staff reporter
'Give us farms' MDC Mwonzora MPs pleads with Mnangagwa's minister
MDC-T MPs Thursday took to task Agriculture Minister Anxious Masuka on why the government's land distribution exercise remained partisan leaving out MDC members, especially MPs.The minister wa...Published: 09 Apr 2021 at 07:43hrs | | by Staff reporter
Nkomo's son warms up to Zapu presidency
SIBANGILIZWE Nkomo, the son of the late Father Zimbabwe and former VicePresident Joshua, has warmed up to the proposals to elect him Zapu president following the death of Dumiso Dabengwa in 2019....Published: 22 Mar 2021 at 06:16hrs | | by Staff reporter
Zimbabwe banks declare 99-year leases worthless
LOCAL banks are demanding personal assets, including houses as collateral to finance agriculture, amid the unresolved confusion over the bankability of 99-year leases.Banks say the risk of fin...Published: 19 Mar 2021 at 09:37hrs | | by Staff reporter
Mnangagwa's fresh headache
Cash-strapped government is struggling to raise US$1.75bn to compensate former commercial white farmers who lost their farms under the land reform programme amid revelations a bid to raise funding fro...Published: 25 Feb 2021 at 16:20hrs | 6 | by Staff reporter
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