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Ex-ZIPRA Veteran Slams Zanu PF's Push for Mnangagwa to Stay in Power: Calls for National Referendum
An outspoken former ZIPRA member, Max Mkandla, has issued a stark warning to Zanu PF factions advocating for President Emmerson Mnangagwa to extend his tenure beyond 2028, stating that such a move wou...Published: 28 Oct 2024 at 13:10hrs | 1169 | by Simbarashe Sithole
Zanu-PF unanimous on extending President's term of office
In a unanimous decision at the ZANU-PF's 21st National People's Conference held at the Zimbabwe International Trade Fair grounds yesterday, party delegates resolved to extend President Emmerson Mnanga...Published: 27 Oct 2024 at 12:20hrs | 312 | by Staff reporter
Zimbabwe govt mulls Tram System to tackle urban traffic congestion
The Zimbabwean government is embarking on an ambitious project to introduce trams in major cities as a potential long-term solution to chronic traffic congestion. Trams, which are rail cars that opera...Published: 15 Oct 2024 at 08:38hrs | 241 | by Staff reporter
Victoria Falls Road set for immediate upgrade
The Government has approved a Public-Private Partnership (PPP) with Bitumen World to rebuild the Beitbridge-Bulawayo-Victoria Falls Road, with work set to begin immediately. This was announced by Info...Published: 02 Oct 2024 at 07:46hrs | 1291 | by Staff reporter
China mining firms partner with Zimbabwe on lithium mine
Chinese miners Zhejiang Huayou Cobalt Co. and Tsingshan Holding Group Co. are defying low lithium prices to develop a deposit of the battery metal with a Zimbabwean state company.The two firms...Published: 26 Sep 2024 at 13:56hrs | 242 | by Staff reporter
Bulawayo residents resort to swamps for water
Bulawayo is facing a severe water crisis, with many suburbs going weeks without running tap water. Residents are forced to use unhygienic water sources in swampy areas and practice open defecation due...Published: 04 Sep 2024 at 07:52hrs | 142 | by Staff reporter
Bulawayo explores suburban aquifers to beat water shortages
The Bulawayo City Council (BCC) is exploring the possibility of tapping into aquifers in Nkulumane, Nketa, and Hope Fountain to address severe water shortages caused by drought. The city has ...Published: 29 Aug 2024 at 16:08hrs | 256 | by Staff reporter
ZiG uncertainties to frustrate GDP forecasts
Zimbabwe's economic growth prospects are facing serious challenges due to liquidity shortages and a severe drought, according to leading advisory firms and economists. In a recent mid-term bud...Published: 03 Aug 2024 at 12:57hrs | 196 | by Staff reporter
Zimbabwe's ZIDA attracts US$1,8bn investment
Zimbabwe attracted investments totaling US$1.8 billion in the second quarter of the year, with US$745 million in the manufacturing sector and US$282.7 million in mining. The Zimbabwe Investment and De...Published: 03 Aug 2024 at 12:26hrs | 61 | by Staff reporter
Nyusi, Masisi and Mnangagwa to sign tripartite agreement
President Mnangagwa is set to attend a significant meeting in Maputo today alongside Mozambican President Filipe Nyusi and Botswana President Mokgweetsi Masisi. The purpose of the meeting is to overse...Published: 12 Jul 2024 at 09:10hrs | 31 | by Staff reporter
Land developer up for fraud
Directors of Full Life Open Arms Africa (Private) Limited Andrew Chegutu and Godknows Nelson Mandaza have been taken to court for allegedly defrauding Chiredzi Town Council and Chiredzi Rural Council ...Published: 06 Jul 2024 at 11:44hrs | 6 | by Staff reporter
BCC forges ahead with Khami Dam water plan
The Bulawayo City Council (BCC) is set to release results of a pre-feasibility study on wastewater reuse as part of efforts to address the city’s severe water crisis. The council considers recycling...Published: 04 Jul 2024 at 09:25hrs | 13 | by Staff reporter
Gwanda dam rehab to start
The rehabilitation of Gungwe Dam in Gwanda has gained momentum, led by Bulawayo-based contractor J R Goddard, who is conducting feasibility studies at the site. This initiative follows interve...Published: 01 Jul 2024 at 11:33hrs | 2 | by Staff reporter
Bulawayo councillors reject NRZ bus terminus proposal
Bulawayo City Council (BCC) councillors have rejected a proposed partnership with the National Railways of Zimbabwe (NRZ) to establish a bus terminus on part of the NRZ's business premises.Cou...Published: 10 Jun 2024 at 14:23hrs | 27 | by Staff reporter
Chinese firm concludes NRZ feasibility study
The National Railways of Zimbabwe (NRZ) announced this week that a feasibility study on a potential investment deal with a Chinese company has been completed.NRZ recently signed an investment ...Published: 07 Jun 2024 at 07:24hrs | 4 | by Staff reporter
Zimbabwe miner expects to triple gold output
Caledonia Mining plans to triple its gold output by developing Bilboes, the gold asset it acquired last year, using a single-phase development strategy. The company initially considered a phased appro...Published: 05 Jun 2024 at 14:15hrs | 6 | by Staff reporter
Mnangagwa directs ministers to rein in splinter war veterans' groups
Amidst resistance from fellow liberation war veterans regarding the possibility of a third presidential term, President Emmerson Mnangagwa has purportedly instructed his aides to purge the constituenc...Published: 31 May 2024 at 21:24hrs | 13 | by Staff reporter
Invictus signs gas sales MOU for a gas-to-power project
Invictus Energy Limited has announced the signing of a Memorandum of Understanding (MOU) with Dallaglio Investments Pvt Ltd and Himoinsa Southern Africa Proprietary Limited for a gas-to-power project ...Published: 22 May 2024 at 16:54hrs | 15 | by Staff reporter
US$110m for Old Gwanda Road upgrade
Cabinet has greenlit a US$110 million investment under a Public-Private-Partnership for the construction and enhancement of the 120KM Old Gwanda Road by Zwane Enterprise, with expectations for complet...Published: 22 May 2024 at 09:51hrs | 10 | by Staff reporter
China to revamp Zimbabwe railway company
Zimbabwe is in talks with China Railway Group Ltd. to help modernize the state-owned National Railways of Zimbabwe."We believe that we could make use of their expertise and financial muscle to...Published: 22 May 2024 at 09:25hrs | 1 | by Staff reporter
NRZ, Chinese firm in US$500 million investment deal
THE National Railways of Zimbabwe (NRZ) is gaining momentum in its recapitalisation efforts, as it has signed a lucrative agreement with TransTech, a subsidiary of China Railway International Group (C...Published: 20 May 2024 at 09:24hrs | 30 | by Staff reporter
The journey of real estate investment trusts in Zimbabwe
In the dynamic and ever-evolving landscape of Zimbabwe's financial markets, real estate investment trusts (REITs) stand as formidable instruments for both capital growth and market participation....Published: 19 May 2024 at 15:39hrs | 25 | by Dr Bekithemba Mpofu
AfDB to fund a $250 million gold mine in Zimbabwe
THE African Development Bank (AfDB) has shown great interest in funding Caledonia Mining Corporation's planned $250 million gold mine in Zimbabwe.The information was relayed by the company's c...Published: 06 Apr 2024 at 08:16hrs | 1 | by Staff reporter
Wicknell Chivayo revives Gwanda Solar Project
The Zimbabwe Power Company (ZPC) and Wicknell Chivayo's Intratek Zimbabwe are now set to resume the long aborted 100MW Gwanda Solar Project which derailed when the controversial businessman failed to ...Published: 20 Mar 2024 at 14:24hrs | | by Staff reporter
ZPC engaging Chivayo to resume controversial Gwanda Solar Project
The Zimbabwe Power Company (ZPC) is engaging Intratek to push it to resume works at the contested 100 MW Gwanda Solar Project in Matabeleland South province, Parliament heard on Tuesday.Intrat...Published: 19 Mar 2024 at 19:56hrs | | by Staff reporter
Bulawayo's worst water crisis in decade
BULAWAYO could face its worst water crisis in the past 10 years, with statistics at hand showing that its supply dams are in the red, a few weeks before the official ending of the rainy season in Zimb...Published: 03 Mar 2024 at 08:47hrs | 3 | by Staff reporter
'Zimbabwe inflation rate at 747%'
ZIMBABWE'S annual inflation could be over 20 times higher than the official rate of 34,8%, an independent advisory estimated this week, as it gave glimpses into fundamentals behind deeper turbulence c...Published: 16 Feb 2024 at 15:22hrs | 2 | by Staff reporter
Bulawayo Thermal Power Station decommissioning to hit jobs
THE Bulawayo Progressive Residents Association ((BPRA) has warned of massive job losses in the country's second largest city as the power utility Zesa moves to decommission the Bulawayo thermal power ...Published: 02 Feb 2024 at 17:20hrs | 1 | by Staff reporter
Lake Mutirikwi hydro power project 75% complete
Construction of the US$14,5 million mini-hydro power plant at Lake Mutirikwi Dam in Masvingo by Great Zimbabwe Hydro Power Company is now in the home stretch with the 5-megawatt station set for commis...Published: 31 Jan 2024 at 04:48hrs | 2 | by Staff reporter
Mutare Airport to be relocated
Plans by the Government to relocate the Grand Reef Airport near Mutare to Mutasa South District where there is enough flat land for a new modern airport are at an advanced stage with the Airports Comp...Published: 22 Jan 2024 at 04:45hrs | | by Staff reporter
Africa's longest highway is scheduled to be inaugurated in 2024
The Egyptian Ministry of Transport (MoT) seeks to inaugurate Africa's longest highway the "Cairo-Cape Town" Highway (CCTH) this year/ 2024.The CCTH is scheduled to pass through 11 African coun...Published: 06 Jan 2024 at 18:31hrs | 11 | by Staff reporter
Invictus Ernergy injects US$10,2 in Zimbabwe operations
BARELY two weeks after announcing further gas discovery at its Mukuyu-2 exploration well in Mbire District, Mashonaland Central province, Invictus Energy has raised a further US$10,2 million through p...Published: 29 Dec 2023 at 07:00hrs | 6 | by Staff reporter
Power cuts costing Zimbabwe US$1,2 billion
THE World Bank has urged the government to address the country's energy deficit after estimating that power cuts are costing the economy at least US$1,27 billion annually.In its fourth Zimbabw...Published: 14 Dec 2023 at 12:37hrs | 1 | by Staff reporter
Zimbabwe orders lithium miners to submit refinery plans by March 2024
Zimbabwe has given lithium miners up to March 2024 to submit plans for the local production of battery-grade lithium in a bid to benefit from growing demand for the clean energy mineral, Finance Minis...Published: 30 Nov 2023 at 21:09hrs | 7 | by Staff reporter
United Kingdom considers closing temporary visa schemes for care workers
AMIDST a surge in migration to the United Kingdom, the government is contemplating the closure of temporary visa schemes for care workers. This move follows an appeal from the New Conservatives party,...Published: 27 Nov 2023 at 04:51hrs | 7 | by Staff reporter
Government processes Old Gwanda Road construction papers in record time
THE Government has been commended for processing the Old Gwanda Road construction project papers in record time with the investor optimistic of receiving the green light to commence work before year-e...Published: 26 Nov 2023 at 08:21hrs | 8 | by Staff reporter
Horror crash exposes parlous state of Matebeleland roads
The Bulawayo City Council has completed a sewer and water sanitation rehabilitation project funded through an African Development Bank AfDB US$33,6 million grant.Council is considering approac...Published: 23 Nov 2023 at 05:33hrs | 11 | by Staff reporter
COVID-19 still alive in Zimbabwe
Despite the World Health Organization (WHO) no longer categorizing COVID-19 as a global emergency, the virus still poses a threat to Zimbabwean communities, according to the government. While acknowle...Published: 24 Oct 2023 at 06:05hrs | | by Staff reporter
Plans to develop Zimbabwe's biggest mine near Bulawayo
Caledonia Mining is exploring options to raise US$250m to develop its Bilboes project into what could be Zimbabwe's biggest gold mine.The company, which also owns the Blanket gold mine in Zimb...Published: 22 Oct 2023 at 10:41hrs | | by Staff reporter
Zimbabwe's iron and steel sector to create 40 000 jobs
The Dinson Iron and Steel Company (Disco) steelworks, valued at US$1.5 billion, situated near Mvuma in the Midlands province, is set to create nearly 40,000 new jobs, both directly and in downstream i...Published: 22 Oct 2023 at 09:10hrs | 1 | by Staff reporter
Zisco to start iron ore mining ahead of revival
MOTHBALLED steel giant, Zisco, has procured the equipment it requires to start limestone and iron ore mining in Redcliff early next year ahead of the much-anticipated resumption of operations, a senio...Published: 09 Oct 2023 at 06:05hrs | 1 | by Staff reporter
Beitbridge modernisation charms Ramaphosa, Motsoaledi
The significant transformation and modernization of the Zimbabwean side of the Beitbridge Border Post have impressed South African President Cyril Ramaphosa, who has pledged to implement similar upgra...Published: 06 Oct 2023 at 06:37hrs | 1 | by Staff reporter
Zimbabwe - South Africa agree on one-stop border
President Mnangagwa and his South African counterpart, President Cyril Ramaphosa, convened at the Beitbridge Border Post to address logistical matters concerning the construction of a third bridge ove...Published: 06 Oct 2023 at 06:34hrs | | by Staff reporter
Zimbabwe's Bikita Minerals sitting on 65 million tonnes of lithium
Zimbabwe is making significant strides towards becoming a leading global producer of lithium, and the exploration efforts at Bikita Minerals, the oldest lithium mine in the country, owned by Sinomine,...Published: 06 Oct 2023 at 06:31hrs | 1 | by Staff reporter
Zimra under attack over poor service
The Zimbabwe Revenue Authority (Zimra) is facing criticism from the industry for its poor service delivery, leading to customs clearance delays that result in daily losses for businesses.Durin...Published: 02 Oct 2023 at 06:25hrs | | by Staff reporter
Russian investor prospects for gold, diamonds in Tsholotsho
The Russian conglomerate and the world's leading diamond producer, Alrosa Mining, have awarded a contract to Titan Drilling International for exploration operations focused on gold and diamonds in Tsh...Published: 21 Sep 2023 at 06:09hrs | 1 | by Staff reporter
Zimbabwe explores option of issuing digital currency
The Reserve Bank of Zimbabwe (RBZ) is exploring the option of issuing digital currency, a move that could revolutionize the way money is used in the country.The central bank said in a statemen...Published: 13 Aug 2023 at 09:06hrs | 10 | by Staff Reporter
Sandawana Mines value shoots to US$3bn
SANDAWANA Mines, which has resumed operations after it shut down years ago due to a number of reasons, is now valued at approximately US$3 billion, up from US$5 million, NewsDay Business can reveal. T...Published: 28 Jul 2023 at 06:45hrs | 1 | by Staff reporter
NRZ gets US$115m loan to procure new locomotives, wagons
A NEW era is beckoning for the National Railways of Zimbabwe (NRZ), which is expected to tap into a US$115 million line of credit negotiated by the Government towards procurement of new locomotives an...Published: 25 Jul 2023 at 06:39hrs | | 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 | 7 | by Staff reporter
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