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ZIDA records surge in investment licences
The Zimbabwe Investment and Development Agency (ZIDA) has reported a record-breaking increase in new investment licences in 2024, reflecting what officials describe as growing investor confidence in t...Published: 8 hrs ago | 66 | by Staff reporter
BCC approves building plans valued at over US$3m
Bulawayo City Council (BCC) has approved building plans worth over US$3 million for May 2025, reflecting a slight decrease in construction activity compared to the previous month. This is according to...Published: 19 Jul 2025 at 09:08hrs | 164 | by Staff reporter
Zanu-PF denies rift between Mnangagwa and Chiwenga
ZANU PF has categorically dismissed rumours of a rift between President Emmerson Mnangagwa and his deputy, Vice President Dr Constantino Chiwenga, reaffirming the strong bond and unity that have defin...Published: 09 Jul 2025 at 14:58hrs | 1051 | by Staff reporter
Growth prospects shine in Zimbabwe's construction markets
Construction markets in Zimbabwe and South Africa are expected to maintain a strong growth trajectory, creating favorable conditions for companies like PPC to enhance their competitiveness against imp...Published: 26 Jun 2025 at 09:17hrs | 166 | by Staff reporter
Construction boom in Zimbabwe spurs growth for PPC
The construction sectors in Zimbabwe and South Africa are showing strong signs of sustained growth, creating favourable conditions for companies like Pretoria Portland Cement (PPC) to increase competi...Published: 25 Jun 2025 at 15:53hrs | 192 | by Staff reporter
US$4,6m building plans approved by BCC
Bulawayo's construction sector is showing strong signs of growth, as the City Council approved building plans worth over US$4.6 million in April alone - highlighting rising confidence in the city's pr...Published: 16 Jun 2025 at 15:20hrs | 417 | by Staff reporter
Government contractors warned against dishonesty
The Zimbabwe Construction and Allied Trades Workers Union (ZCATWU) has called on government contractors to stop abusing delayed payments from the Treasury as a justification for poor performance and d...Published: 07 Jun 2025 at 10:41hrs | 115 | by Staff reporter
Border gridlock as Zimbabwe's new cement tax faces legal challenge
Over 50 haulage trucks loaded with white cement have been stranded at the Chirundu Border Post after the Zimbabwe Revenue Authority (ZIMRA) began enforcing a newly introduced 30 percent surtax on impo...Published: 01 Jun 2025 at 14:12hrs | 123 | by Staff reporter
Fresh capital discussions delay Beta Bricks restart
The long-awaited reopening of BETA Bricks has been delayed due to unresolved negotiations with three potential investors who were expected to inject capital into the company. Initially scheduled for t...Published: 13 May 2025 at 10:07hrs | 168 | by Staff reporter
Whi-Zim's cement plant progressing well in Zimbabwe
Construction of a multi-million-dollar cement manufacturing plant by Chinese firm Whi-Zim on the outskirts of Magunje Growth Point is progressing smoothly, with commissioning scheduled for June 2025, ...Published: 10 May 2025 at 20:48hrs | 1500 | by Staff reporter
Zimbabwe's steel revolution begins
Zimbabwe has taken a major step toward economic transformation and self-sufficiency with the launch of full-scale finished steel production at the Dinson Iron and Steel Company (Disco) plant in Manhiz...Published: 17 Apr 2025 at 07:29hrs | 7234 | by Staff reporter
Haulin Quarry Mine boosts Bulawayo's construction sector with competitive prices
Bulawayo's business community has lauded Haulin Quarry Mine, located in Pumula North, for its competitive pricing in building materials, which has significantly impacted the region's construction sect...Published: 11 Feb 2025 at 11:05hrs | 894 | by Mandla Ndlovu
Zimbabwe's Manhize steel plant hits key milestone
The US$1.5 billion Manhize Steel Plant, located in the Midlands province, has officially commenced the production of reinforced steel bars (rebars), marking a significant milestone in Zimbabwe's indus...Published: 05 Feb 2025 at 11:48hrs | 1045 | by Staff reporter
Death knell for Zimbabwe's departmental shops
The demand for partitioned lettable shops in Bulawayo's Central Business District (CBD) has reached unprecedented levels, with the Bulawayo City Council receiving a flood of applications for the conve...Published: 09 Dec 2024 at 06:50hrs | 523 | by Staff reporter
Ramaphosa's economy shrinks 0.3%
The South African economy unexpectedly contracted by 0.3% from the second to the third quarter this year.Economists polled by Reuters expected growth of 0.5%.In the third quarter, the ...Published: 03 Dec 2024 at 15:39hrs | 311 | by Staff reporter
Chinese cement plant commissioning set for January in Zimbabwe
Huaxin Zimbabwe (Pvt) Limited, a subsidiary of Chinese multinational Huaxin Cement Co. Ltd, is on track to commence cement production at its state-of-the-art plant in Mount Hampden by the end of 2024....Published: 27 Nov 2024 at 06:41hrs | 218 | by Staff reporter
Construction thrives in Zimbabwe
Zimbabwe's construction sector is on the rebound despite the effects of currency volatility and an uncertain monetary policy framework.Piniel Mkushi, chairman of Cafca - the only cable manufac...Published: 22 Nov 2024 at 17:18hrs | 3212 | by Staff reporter
Russia open doors to Zimbabwean construction workers
Russia and Zimbabwe have initiated talks to facilitate the deployment of Zimbabwean workers to Russia, particularly in the construction sector. Russian Deputy Housing and Construction Minister...Published: 22 Nov 2024 at 14:44hrs | 884 | by Staff reporter
Russia seeks labour from Zim to boost human capital
Russia is looking to Zimbabwe to bolster its labor force, particularly in the construction sector, as it experiences rapid growth despite Western sanctions. The call for skilled labor emerged from dis...Published: 06 Nov 2024 at 06:49hrs | 32580 | by Staff reporter
Global cement maker now in Zimbabwe
One of the world's top cement producers, Huaxin Cement Co. Ltd, has made a significant investment in Zimbabwe by committing US$15 million to build a new manufacturing plant in Mt Hampden. The plant, w...Published: 15 Oct 2024 at 08:25hrs | 567 | by Staff reporter
Partitioning of city buildings divides Bulawayo councillors
The Bulawayo City Council has raised concerns about the increasing trend of partitioning city centre buildings into mini-complexes for small and medium business operators. This unregulated growth is s...Published: 05 Jul 2024 at 11:00hrs | 17 | by Staff reporter
Hwange power station now Zimbabwe's primary electricity generator
electricity generato\The Hwange Thermal Power Station has emerged as the primary electricity generator for Zimbabwe, meeting a significant portion of the national grid demands.In the first...Published: 21 Jun 2024 at 11:13hrs | 2 | by Staff reporter
CBZ launches mortgage finance products for Zimbabwean diasporans
CBZ Holdings Limited (CBZHL), Zimbabwe's largest financial services provider, has launched new Mortgage Finance products aimed at Zimbabweans in the diaspora ahead of the Zim Diaspora Property Showcas...Published: 14 Jun 2024 at 07:29hrs | 123 | by Staff reporter
Disco's US$1,5 billion steel plant complete
CONSTRUCTION of the US$1,5 billion steel plant in Manhize near Mvuma is complete, with the project tentatively set for commissioning on June 10 this year.The plant, which is touted to be Afric...Published: 25 Feb 2024 at 07:06hrs | 10 | by Staff reporter
Zimbabwe licences US$9,7 billion investments
THE Zimbabwe Investment and Development Agency (Zida) said this week it issued 615 licences to investors worth almost US$9,7 billion during the year ended December 31, 2023.Tafadzwa Chinamo, c...Published: 09 Feb 2024 at 10:01hrs | 3 | by Staff reporter
Mnangagwa caps 2,996 graduands at Nust
PRESIDENT Mnangagwa yesterday capped 2 996 graduands at the National University of Science and Technology (Nust), among them, Information, Publicity and Broadcasting Services Minister Dr Jenfan Muswer...Published: 07 Dec 2023 at 05:27hrs | 22 | by Staff reporter
Zimbabwe now like a car made of wire
WHEN we were little boys, we enjoyed playing with our homemade toy vehicles made out of scrap wire.These were usually small cars, buses and trucks — with the most popular being the first two...Published: 23 Oct 2023 at 06:26hrs | 1 | by Tendai Ruben Mbofana
WATCH: Ndebele cultural champion envisions inclusive development
NKOSANA, a cherished member of his community, embraces his Ndebele heritage and wholeheartedly participates in cultural events. He understands the importance of his roots and acknowledges that his upb...Published: 12 Jun 2023 at 06:25hrs | 3 | by Staff reporter
Mnangagwa govt fails to rig price hikes
The Reserve Bank of Zimbabwe (RBZ) has frozen bank accounts of four major distributors of basic commodities as President Emmerson Mnangagwa's government scrambles to find solutions to soaring prices a...Published: 28 May 2023 at 08:09hrs | 3 | by Staff reporter
Work on Bulawayo-Nkayi Road begins
WORK on the rehabilitation of the 158km Bulawayo-Nkayi Road has resumed following the disbursement of funds by Government for the project as the Second Republic steps up efforts towards completing out...Published: 29 Mar 2023 at 06:52hrs | 2 | by Staff reporter
Mnangagwa salutes private sector
PRESIDENT Mnangagwa yesterday saluted the country's private sector which has risen to the occasion through the production of the majority of goods found in local supermarkets.This is testimony...Published: 11 Mar 2023 at 06:33hrs | 1 | by Staff reporter
Mnangagwa claims that Zimbabwe is on cusp of construction boom
Zimbabwe has embarked on a major construction drive that is now evident in the housing boom the country is experiencing in residential and non-residential infrastructure, both in rural and urban space...Published: 05 Mar 2023 at 06:18hrs | 1 | by Staff reporter
Negative reporting by SA media on new Chinese steel plant in Zimbabwe starts
Workers building the $1bn steel plant for the Chinese-owned Dinson Iron & Steel Company (Disco) claim they are exploited, forced to work in inhumane conditions, and sleep crammed eight to a small ...Published: 12 Feb 2023 at 07:39hrs | | by Staff reporter
Zimbabwe's housing backlog shoots to 2 million
ZIMBABWE'S housing backlog in urban areas has shot up to two million from around 1,5 million reported in February, NewsDay has learnt.Revealing the figure on Monday in Harare, National Housing...Published: 16 Nov 2022 at 05:15hrs | 3 | by Staff reporter
Ireland's drug lord planned to start new life in Zimbabwe
Drug lord Christy Kinahan planned to start a new life in Zimbabwe with his long-term partner and their children, leaked documents have revealed.The FBI most-wanted criminal also hoped to buy a...Published: 14 Nov 2022 at 05:21hrs | 32 | by Pat Flanagan for Ireland Live
'Puppets will never rule Zimbabwe'
PRESIDENT Mnangagwa yesterday said time has come to vote out corrupt opposition councillors whose parties have not only run down local authorities but are puppets of Western countries that want to rem...Published: 26 Jul 2022 at 06:37hrs | 10 | by Staff reporter
Zimbabwe's Cyber City mirage
I TOLD Mr (Shaji Ul) Mulk that my desire is to build a smart city like Dubai here. He agreed to build a smart city better than "Dubai," President Emmerson Mnangagwa told guests on Wednesday during the...Published: 23 Jul 2022 at 07:29hrs | 17 | by Paidamoyo Muzulu
Tsholotsho, Nkayi roadworks take shape
THE construction of major roads linking Bulawayo with Nkayi and Tsholotsho districts has gathered momentum as the Second Republic steps up efforts towards completing outstanding infrastructure develop...Published: 30 Jun 2022 at 06:45hrs | 3 | by Staff reporter
IMF notes show no appetite for reform
The Executive Board of the International Monetary Fund (IMF) concluded its Article IV Consultation with Zimbabwe on 21 March 2022. The press release noted that real Gross Domestic Product (GDP) rose b...Published: 12 Apr 2022 at 16:50hrs | 3 | by Victor Bhoroma
Bulawayo-Nkayi Road works resume
ENGINEERS are back on site and work on the rehabilitation of the 158km Bulawayo-Nkayi Road has resumed as the Second Republic steps up efforts towards completing outstanding major projects in Matabele...Published: 05 Apr 2022 at 06:46hrs | 11 | by Staff reporter
Sakunda CSR move transforms Dembare, Bosso
SEVENTEEN years after venturing into business, Sakunda Holdings has now made a mark in the football arena by transforming the fortunes of domestic powerhouses Dynamos and Highlanders.Both side...Published: 03 Apr 2022 at 08:19hrs | 2 | by Staff reporter
IMF notes show no appetite for reform
The Executive Board of the International Monetary Fund (IMF) concluded its Article IV Consultation with Zimbabwe on 21 March 2022. The press release noted that real Gross Domestic Product (GDP) rose b...Published: 01 Apr 2022 at 12:34hrs | 1 | by Victor Bhoroma
Mnangagwa opens doors for young women
PRESIDENT Mnangagwa yesterday gave young women the carte blanche to seize vast opportunities that have been brought by the Second Republic as he promised to give them loans and open the doors for part...Published: 01 Apr 2022 at 08:58hrs | 14 | by Staff Reporter
Mthuli Ncube says Zimbabwean economy remains solid
Finance and Economic Development Minister, Professor Mthuli Ncube, has said the economy remains solid and on track to achieve projected growth rate despite threats of a subdued rainfall season as well...Published: 20 Mar 2022 at 06:24hrs | | by Staff reporter
Mnangagwa commissions 42km water pipeline
PRESIDENT Mnangagwa yesterday officiated at the groundbreaking ceremony for the construction of a US$48,1 million 42km pipeline which will supply water to Hwange Power Station from Zambezi River....Published: 19 Mar 2022 at 06:44hrs | 3 | by Staff reporter
Construction of key water pipeline for Hwange power begins
PRESIDENT Mnangagwa yesterday officiated at the ground-breaking ceremony to mark the start of construction of a US$48,1 million, 42km water pipeline which will supply water to Hwange Power Station fro...Published: 19 Mar 2022 at 06:37hrs | 1 | by Staf reporter
Mangudya ranked worst performing central bank governor in Africa
The Central Banker Report Cards, published annually by Global Finance since 1994, grade the central bank governors of 101 key countries and territories, including the European Union, the Eastern Carib...Published: 12 Jan 2022 at 05:13hrs | 15 | by Staff reporter
Mthuli Ncube bolsters construction sector
FINANCE Minister Mthuli Ncube's 2022 national budget presented on Thursday gave impetus to the growth of Zimbabwe's construction sector, analysts at Inter Horizon Securities said yesterday.Ncu...Published: 29 Nov 2021 at 05:35hrs | 9 | by Staff reporter
Price hikes wave hits construction sector
A WAVE of price increases swept across the local housing construction sector, slowing progress of many projects, according to the Zimbabwe National Statistics Agency (ZimStats) 2021 third quarter Buil...Published: 10 Nov 2021 at 05:32hrs | 9 | by Staff reporter
Investors urged to work with new airports company
TRANSPORT and Infrastructural Development Minister Felix Mhona has implored players in the tourism, hospitality, and construction sectors to consider working together with the newly-created Airports C...Published: 29 Sep 2021 at 06:36hrs | 3 | by Staff reporter
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