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Zimbabwe eyes China's $50 billion African modernisation fund
Zimbabwe is gearing up to tap into a US$50 billion fund that China pledged to support Africa's modernisation and industrialisation efforts during the recent Forum on China-Africa Cooperation (FOCAC) S...Published: 09 Nov 2024 at 17:08hrs | 257 | by Staff reporter
Sadc Chair 'endorses' disputed Mozambique elections
President Emmerson Mnangagwa has extended his congratulations to Daniel Chapo, the presidential candidate for the Front for the Liberation of Mozambique (Frelimo), amidst ongoing unrest in Mozambique ...Published: 23 Oct 2024 at 07:54hrs | 448 | by Staff reporter
Zimbabwe attracts US$1.2 billion in investments in Q3 of 2024
Zimbabwe attracted investments worth US$1.2 billion during the third quarter of 2024, with 168 new licences issued to investors by the Zimbabwe Investment and Development Agency (ZIDA), according to a...Published: 23 Oct 2024 at 07:45hrs | 115 | by Staff reporter
Mnangagwa says Zimbabwe's land reform programme irreversible
The President and First Secretary of the ruling ZANU PF party, Emmerson Mnangagwa, has reiterated that Zimbabwe's Land Reform Programme remains irreversible and protected. He made these remarks at the...Published: 22 Oct 2024 at 19:33hrs | 614 | by Staff reporter
Is Zimbabwe about to create land oligarchs?
The government, through Information minister Jenfran Muswere, has announced a significant shift in land policy, declaring that state land, previously offered to local indigenous people under the "land...Published: 21 Oct 2024 at 11:06hrs | 704 | by Admire Maparadza Dube
Govt happy with arrears clearance progress
The Zimbabwean Government has expressed optimism over the progress and milestones achieved in reforms under the arrears clearance and debt resolution process. During a meeting with Sector Working Grou...Published: 18 Oct 2024 at 08:32hrs | 69 | by Staff reporter
Over 400 ex-settlers to get compensation
In a significant development for former farm owners, over 400 individuals have been cleared for compensation under the Global Compensation Deed, aimed at addressing losses incurred during Zimbabwe's f...Published: 17 Oct 2024 at 08:59hrs | 189 | by Staff reporter
Zimbabwe scores milestones on arrears clearance process
The Government of Zimbabwe has received commendations for significant progress in the implementation of reforms under the Arrears Clearance and Debt Resolution process, a vital step towards transformi...Published: 17 Oct 2024 at 08:57hrs | 182 | by Staff reporter
'Land policy to identify multiple farm ownership'
The Government of Zimbabwe's newly introduced land tenure policy is set to identify and expose multiple farm ownership and reclaim idle land, which will be redistributed to more than 250,000 people on...Published: 17 Oct 2024 at 08:53hrs | 91 | by Staff reporter
Farmers4ED backs government's new land tenure policy
The ruling party's affiliate organization, Farmers for Economic Development (Farmers4ED), has expressed strong support for the Zimbabwean government's latest policy change, which allows beneficiaries ...Published: 13 Oct 2024 at 12:32hrs | 186 | by Staff reporter
Zimbabwe's new land tenure policy is unconstitutional and invalid
A few days ago, the government of Zimbabwe announced some major changes to its land tenure laws.According to information minister Jenfan Muswere, "All land held by beneficiaries of the Land Re...Published: 11 Oct 2024 at 08:30hrs | 878 | by Tendai Ruben Mbofana
'Zimbabwe's new land laws biggest heist'
Former Cabinet minister Walter Mzembi has raised concerns over a possible land grab by Zimbabwe's elite following the government's announcement of a new model that allows for land acquired under the l...Published: 10 Oct 2024 at 07:50hrs | 1233 | by Staff reporter
Zimbabwe permits resettled farmers to sell land
Zimbabwe's government announced a major shift to its land policy on Tuesday, allowing beneficiaries of its land reforms to sell or transfer their farms - but only to "indigenous Zimbabweans."M...Published: 08 Oct 2024 at 19:46hrs | 6171 | by Staff reporter
Zimbabwe working on land tenure reforms
In a major development aimed at empowering farmers, the Government has announced plans to issue bankable and transferable land tenure documents to all beneficiaries of the Land Reform Programme. The i...Published: 08 Oct 2024 at 19:14hrs | 335 | by Staff reporter
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 | 714 | 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 | 1 | 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 | 14 | 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 | 3 | 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 | 8 | 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 | 10 | 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 | 7 | 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 | 3 | 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 | 4 | 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 | 1 | 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 | 8 | 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 | 7 | 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 | 6 | 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 | 1 | 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 | 6 | 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 | 5 | 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 | 8 | 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 | 10 | 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 | 2 | 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
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