Search / Deven
Zimbabwe unveils industrial growth blueprint for automotive sector
The Zimbabwe Industrial Reconstruction and Growth Plan (ZIRGP), a targeted economic manufacturing initiative, has outlined key strategies to boost domestic production of buses and trucks. Running from...Published: 30 Oct 2024 at 07:52hrs | 91 | by Staff reporter
ZACC swoops on tobacco board chair, ex-CEO
Zimbabwe's anti-corruption body, the Zimbabwe Anti-Corruption Commission (ZACC), arrested Tobacco Industry and Marketing Board (TIMB) chairperson Patrick Devenish last night over a dubious US$400,000 ...Published: 24 Aug 2024 at 11:53hrs | 449 | by Staff reporter
13 distressed Zimbabwe firms rescued
Testifying to its commitment to tangible deliverables aimed at transforming the livelihoods of the people, the Second Republic, under the stewardship of President Mnangagwa, has resuscitated 13 previo...Published: 11 May 2023 at 05:30hrs | 1 | by Staff reporter
Willowvale to start assembling vehicles in Zimbabwe
WILLOWVALE Motor Industries will in August resume assembling vehicles after a hiatus of more than five years as the subsidiary of the Industrial Development Corporation of Zimbabwe (IDCZ) returns to i...Published: 03 Apr 2023 at 06:20hrs | | by Staff reporter
Murder suspect denied bail
A-HARARE man faces murder charges after he engaged in a fight at Bluffhill shops in the capital, which resulted in the death of his victim.The suspect, Edward Vandeventer (27) from Marlborough...Published: 08 Dec 2022 at 05:08hrs | 2 | by Staff reporter
Zupco leading local bus assembly revival
From being a shining beacon of mass public transport during the early years of independence, Zupco had in recent years mutated into a classic example of a failed State-owned entity.In 1993, it...Published: 14 Aug 2022 at 07:22hrs | | by Staff reporter
Local bus assembly begins next month
ZIMBABWE is set to begin assembling local buses next month and boost the motoring industry, create jobs and aid the Government's push for a modern and reliable mass public transport system.The...Published: 13 Feb 2022 at 20:39hrs | | by Staff reporter
IDC throws out bids for Deven
TWO local companies seeking a shareholding in Deven Engineering had their bids thrown out after they failed to offer the "best value for money" for the coach builder.Deven's core competence is...Published: 22 Nov 2021 at 05:50hrs | 5 | by Staff reporter
Bus operators resuscitate ailing assemblers
AMALGAMATED Bus Industries (ABI) - a consortium of 90% of the country's bus operators - have established a special purpose vehicle to resuscitate ailing bus assembling plants through a US$35 million f...Published: 10 Sep 2021 at 07:37hrs | 4 | by Staff reporter
Russian vehicle manufacturer to partner Zimbabwean firms
Russian vehicle giant Urals Automotive Plant (UralAZ) intends to partner local firms to build a bus and truck assembling plant in the country, Industry and Commerce Minister Dr Sekai Nzenza has reveal...Published: 11 Jul 2021 at 10:36hrs | 3 | by Staff reporter
IDCZ battles to find 'high calibre' CEO
THE myth that some of Africa's best business minds are found in Zimbabwe has been disproved at the State-run Industrial Development Corporation of Zimbabwe (IDCZ), which has struggled to find a CEO fo...Published: 28 May 2021 at 08:04hrs | 1 | by Staff reporter
Zimbabwe targets US$5bn tobacco industry
THE government wants to create a U$5 billion tobacco industry by 2025 as it moves to turn around the economy through agriculture.This comes as Agriculture minister Anxious Masuka told stakehol...Published: 08 Apr 2021 at 16:35hrs | 8 | by Staff reporter
Tobacco production target raised to 300 million kgs
The new tobacco selling season opened yesterday with Government hoping that the industry cannot just survive at present levels but raise production to 300 million kilogrammes annually through the impl...Published: 08 Apr 2021 at 08:38hrs | | by Staff reporter
Zimbabwe's tobacco selling season kicks off today
The new tobacco selling season kicks off today with the opening ceremony this morning at the Tobacco Sales Floor in Harare and with contract sales opening tomorrow. The Tobacco Industry and Ma...Published: 07 Apr 2021 at 06:44hrs | | by Staff reporter
Matibiri steps down
THE Tobacco Industry and Marketing Board (TIMB) is in the hunt for a chief executive to replace Andrew Matibiri who is stepping down next year after being at the helm for the last 15 years.The...Published: 14 Dec 2020 at 07:23hrs | 7 | by Staff reporter
'Zimbabwe assemblers sidelined on Zupco bus supply'
Quest Motor Manufacturing said government should allocate at least 20% of bus imports to local assemblers if it is sincere in its bid to resuscitate ailing industries. The plea from assem...Published: 04 Nov 2020 at 12:58hrs | 1 | by Staff reporter
Bulawayo school to return disputed bus to Harare manufacturer
THE Primary and Secondary Education ministry-appointed commission probing the purchase of a defective bus by Lukanyiso Primary School in Mpopoma, Bulawayo, two years ago has ordered that the controver...Published: 03 Aug 2019 at 09:48hrs | | by Staff reporter
Parastatals to be privatised in six months, says official
The government expects to find investors for state enterprises earmarked for partial privatisation and tie up the deals in the next six months, an official has said.Zimbabwe has 107 state-owne...Published: 12 May 2019 at 06:25hrs | 1 | by Staff reporter
Revisiting the ZUPCO urban transportation model
The re-introduction of ZUPCO buses to ply urban routes in the aftermath of January fuel protests was a welcome move for most urban commuters. This is largely because commuter omnibus operators had tak...Published: 19 Mar 2019 at 13:58hrs | | by Victor Bhoroma
Government amends Private Voluntary Organisations Act
GOVERNMENT has resolved to amend the Private Voluntary Organisations Act (Chapter 17:05) to ensure that it complies with the requirements of the Financial Action Task Force for combating money launder...Published: 15 Mar 2019 at 05:56hrs | | by Staff reporter
WMI engages top car makers
WILLOWVALE Motor Industries is in negotiations with leading world car manufacturers with a view of assembling their brands locally, a senior official said yesterday. General manager for Indust...Published: 08 Mar 2019 at 06:36hrs | | by Staff reporter
All aboard Zupco: Is this a rebirth or stillbirth?
This article is a follow-up to my previous one, Kombi nation: Re-imagining our urban transport system.In that article, I presented a number of options on how we could improve our public transp...Published: 14 Feb 2019 at 07:33hrs | | by Mike Murenzvi
Local assembly cars for ministers & MPs
Government is weighing the option of purchasing vehicles for ministers and parliamentarians from local vehicle assemblers to promote the domestic industry and reduce foreign currency expenditure in li...Published: 11 Feb 2019 at 09:51hrs | 1 | by Staff reporter
IDCZ disposes stakes in Almin Metal Industries, Stone Holdings
THE Industrial Development Corporation of Zimbabwe (IDCZ) has disposed of its shareholding in Almin Metal Industries and Stone Holdings as part of a restructuring process to be completed this year. ...Published: 04 Feb 2019 at 07:53hrs | 6 | by Staff reporter
Mthuli Ncube sets privatisation timelines
FINANCE minister Mthuli Ncube has set timelines for the disposal and partial privatisation of a number of state-owned enterprises, as part of a raft of measures to revitalise Zimbabwe's fragile econom...Published: 16 Nov 2018 at 07:02hrs | | by Staff reporter
Mnangagwa's govt unveils parastatal reform strategy
Government has rolled out detailed plans for the restructuring of State-owned Enterprises (SOEs), with 41 entities lined-up for privatisation, departmentalisation and listing on the Zimbabwe Stock Exc...Published: 13 Nov 2018 at 05:42hrs | 7 | by Staff reporter
16 State enterprises to be privatised
The government is undertaking a raft of State enterprise reforms under which 16 entities will be privatised, 13 parastatals merged while two others will be liquidated, State Enterprises Restructuring ...Published: 03 Oct 2018 at 15:22hrs | 1 | by Staff reporter
Mnangagwa showcases his lighter side
President Emmerson Mnangagwa last week was in one of his most jovial moods, dedicating the bulk of his speech at the St Noah College Stadium and Sports Centre ground-breaking ceremony to jokes that le...Published: 27 May 2018 at 10:05hrs | | by Staff reporter
Gweru City faces waste nightmare
GWERU City Council continues to face a waste collection nightmare amid reports that a Harare engineering company, Deven Engineering, contracted to supply a new refuse truck is demanding a $36 000 top ...Published: 07 May 2018 at 06:50hrs | | by Staff Reporter
Deven Engineering slapped with $300,000 lawsuit
GWERU City Council is suing Deven Engineering Private Limited for failing to deliver a Nissan UD80 lorry they bought for $300 000, for refuse collection. The company indicated to council recently that...Published: 23 Feb 2018 at 05:55hrs | | by Staff reporter
Foreign-based stars who could play for Zimbabwe Sables
ZIMBABWE has produced so many world class rugby players and one only has to look at those who have reached lofty heights for their adopted countries over the last few years.Current players who...Published: 18 Feb 2018 at 22:02hrs | 8 | by Staff reporter
Zimbabwean man arrested in SA over rhino horns
A Zimbabwean man, Onward Muchangowa, and two South Africans were arrested in the neighbouring country after they were found in possession of two rhino horns.Muchangowa and the two brothers, De...Published: 13 Jul 2017 at 06:57hrs | | by Staff reporter
Willovale Mazda Motor Industry resumes operations
Willovale Mazda Motor Industries (WMMI) is set to resume motor vehicle assembling at its Harare plant in the second week of February.On Thursday, Bulawayo24.com heard that the motor vehi...Published: 03 Feb 2017 at 07:03hrs | 1 | by Alice Dube
Zupco under fire over bus imports
The Zimbabwe United Passenger Company (Zupco) has come under fire for importing buses, which it could procure from local assemblers in support of government initiatives to support local industri...Published: 07 Jul 2016 at 10:38hrs | | by Staff Reporter
School bus imports banned
THE government has directed schools to buy buses from local assemblers to curb alleged corruption in the purchases. Slyvia Utete-Masango, the Permanent Secretary in the Ministry of Primary and Seconda...Published: 15 Jul 2015 at 08:53hrs | | by Nqobile Tshili
Willowvale Mazda Motor Industries to close down
THE Industrial Development Corporation Zimbabwe (IDCZ) is set to close unviable operations such as Willowvale Mazda Motor Industries, Sino Zimbabwe Cement Company, National Furniture Industries, Motir...Published: 20 Dec 2014 at 06:41hrs | | by Staff Reporter
Local motor industry being 'sabotaged' by Govt deal
Zimbabwe's motor industry, reeling from a debilitating economic meltdown like the rest of the economy, is an underworld run by a few individuals with government buyers behaving like a Mafia-style cart...Published: 04 Aug 2014 at 08:25hrs | | by Staff Reporter
Zimbabwe bus building company - Deven Engineering - up for sale
Motec Holdings, has its subsidiary, Deven Engineering, up for sale as it seeks to mobilise capital to enable its parent company, the Industrial Development Corporation (IDC), to effectively execute i...Published: 28 Apr 2014 at 17:32hrs | 1 | by Staff reporter
2000 workers to lose their jobs in Zimbabwe
Over 2000 workers are set to be laid off this month with more companies earmarked to retrench more workers in the coming months, The Zimbabwe Congress of Trade Unions (ZCTU) has revealed.ZCTU...Published: 12 Mar 2014 at 08:41hrs | | by Staff reporter
Zim govt rips off civil servants
The cash-strapped Zimbabwe government is failing to remit money deducted from civil servants' salaries for credit facilities, straining relations between the State and its workers.As a result,...Published: 06 Mar 2014 at 11:51hrs | | by Staff reporter
StanChart orders IDC to close its bank account
Foreign-owned bank Standard Chartered Zimbabwe has ordered the Industrial Development Corporation to close its bank account with the institution next month, an executive told a parliamentary committe...Published: 29 Jan 2014 at 05:25hrs | 1 | by Staff reporter
Continuous Learning Imperative for Survival of SA Business Leaders
30 September 2013: Due to the dynamic complexity of today's global business environment, it has become imperative for forward-thinking business leaders to r...Published: 30 Sep 2013 at 06:00hrs | | by Tarcia Hendricks
Boston Marathon bombing suspect moved to prison
Boston - Boston Marathon bombing suspect Dzhokhar Tsarnaev has been moved to a prison at Fort Devens, Massachusetts, from the hospital where he had been held since his arrest by police a week ago, the...Published: 26 Apr 2013 at 10:09hrs | 1 | by Staff Reporter
2013: The year to apply Noah's Rule
It is that time of the year again, when everything ceases to make sense. Everything stops being the normal that we know it as. This is the time that you have your friends calling and informing you tha...Published: 08 Jan 2013 at 10:55hrs | | by Anonymous
Bogus Zim cop found hanged in an SA cell
DURBAN - A Zimbabwean criminal, who duped South African police into believing he was a Hawks brigadier, and who won accolades for his "crime fighting successes", was found hanged in a police cell just...Published: 04 Dec 2012 at 04:29hrs | | by Staff reporter
Aico Africa moots business recapitalision through demerger
Aico Africa is currently undertaking a series of transactions which will result in all its SBUs being adequately capitalised through a possible demerger of the SBUs, chairman Bekithemba Nkomo told th...Published: 31 Aug 2012 at 05:31hrs | | by Business reporter
Local vehicle market dominated by imports
ZIMBABWEANS imported cars worth more than US$200 million in the first five months of this year and the continued influx of secondhand cars might force the only two vehicle assembly...Published: 29 Jul 2012 at 03:52hrs | | by Staff reporter
Brain dead mom on a respirator gives birth to twins
DETROIT - A pregnant US woman, Christine Bolden, 26, who was already brain dead from aneurysms, but doctors kept her on a respirator for a month to allow for the development of babies, gave birth to ...Published: 24 Apr 2012 at 05:15hrs | 1 | by Moyo Roy
Don't shun Zimbabwe, Euromoney chief tells investors
HARARE - Richard Banks, Euromoney's director for emerging markets has said there is no reason for international investors to continue shunning Zimbabwe as he believe the controversial indigenisation ...Published: 21 Mar 2012 at 07:59hrs | | by Alois Sibanda
Zim trying to shake off the Pariah state image - Mashakada
HARARE - Zimbabwe's Economic Planning and Investment promotion minister, Tapiwa Mashakada has told delegates to the Euromoney Zimbabwe Investment Conference here in Harare that the two day indaba is...Published: 21 Mar 2012 at 07:59hrs | | by Alois Sibanda
Load More Stories
