Search / Financier
Zimbabwe on course to break winter wheat production record
Zimbabwe is poised to set a new winter wheat production record, with farmers having already harvested over 490,000 tonnes this season, a milestone that highlights the nation's agricultural revival in ...Published: 03 Nov 2024 at 10:06hrs | 131 | by Staff reporter
One-stop-shop for Victoria Falls road upgrade
The Zimbabwean government has established a one-stop-shop to streamline coordination between key stakeholders and expedite the finalisation of a concession agreement for the rehabilitation of the Beit...Published: 30 Oct 2024 at 07:54hrs | 1141 | by Staff reporter
Kariba Dam project adds 60 years to lifespan
THE refilling of the plunge pool at the Kariba Dam Rehabilitation Project (KDRP) has commenced, with the facility 1% to completion.With the plunge pool new shape in place, the finalisation of ...Published: 09 Aug 2024 at 07:52hrs | 367 | by Staff reporter
Next Generation of Energy Leaders to Drive Transformation at the African Energy Week (AEW) 2024
CAPE TOWN, South Africa - With Africa serving as a dynamic hub for oil and gas, renewable energy and cutting-edge technologies, the participation of youth in the sector is crucial to bringing in new p...Published: 15 Jul 2024 at 17:52hrs | 163 | by APO
Zimbabwe's lithium gambit: Navigating China-US rivalry
Lithium is Zimbabwe's third-largest mineral export after gold and platinum group of metals, bringing in US$2,46 billion and US$2,27 billion, respectively, in 2023.AS the world is going through...Published: 15 Jul 2024 at 08:17hrs | 239 | by Samir Bhattacharya
Resistance to Mnangagwa's 2030 push grows
President Emmerson Mnangagwa is reportedly facing resistance from the military and shifting alliances within Zanu-PF as he seeks to extend his stay in power beyond 2028. Supporters and shadowy affilia...Published: 01 Jul 2024 at 11:34hrs | 6 | by Staff reporter
Chivayo, ZPC in negotiations to revive Gwanda Solar project
The Zimbabwe Power Company (ZPC) and Intratrek Zimbabwe Pvt Ltd are negotiating to resume work on the proposed 100-megawatt Gwanda solar power facility, following a Supreme Court decision upholding th...Published: 25 May 2024 at 12:38hrs | 1 | 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
Uncle Sam not letting go of little Zimbabwe
THERE is something interesting about the new United States sanctions regime announced this week. Besides President Joseph Biden making a statement, the US National Security Council made one too. What ...Published: 09 Mar 2024 at 09:16hrs | 5 | by Paidamoyo Muzulu
Harare's haven of sex, drugs and vice
Esnath first traded sex at age 13, after she was forced out of her family home in Harare's old suburb of Mbare.To survive, she decided to lie about her age, she said, taking refuge with a grou...Published: 03 Mar 2024 at 08:48hrs | | by Staff reporter
EU shuts door on Zimbabwe financing
EUROPEAN Union (EU) ambassador to Zimbabwe, Jobst von Kirchmann, says the bloc will not lend to the southern African country owing to arrears even if sanctions are lifted.The EU ambassador sai...Published: 29 Feb 2024 at 05:02hrs | 1 | by Staff reporter
Zimbabwe arrears clearance, debt resolution talks resume
THE next round of high-level talks on Zimbabwe's arrears clearance and debt resolution process will be held next month, marking yet another pivotal moment in the country's quest to clear its internati...Published: 21 Jan 2024 at 07:27hrs | 1 | by Staff reporter
Zimdollar exchange rate bolts
MARKET watchers have predicted a gloomy 2024 outlook amid a galloping exchange rate, steep taxation and an ever tanking economy, NewsDay reported.As usual, this is heavily impacting on ordinar...Published: 08 Jan 2024 at 05:36hrs | 8 | by Staff reporter
Zimbabwe's ailing SOEs owe Chinese, Indian banks US$1.7billion
ZIMBABWE has accessed loans of up to USS$1.7 billion from Chinese and Indian banks to shore up technically insolvent state-owned enterprises (SOEs), a leading regional financier has revealed.A...Published: 31 Dec 2023 at 12:57hrs | 8 | by Staff reporter
World Bank hails Zimbabwe's tight Monetary Policy stance
THE World Bank (WB) has commended the Reserve Bank of Zimbabwe (RBZ) for putting in place a tight Monetary Policy alongside other interventions which have managed to ease inflationary pressures....Published: 14 Dec 2023 at 03:57hrs | | by Staff reporter
Secrecy surrounding resource-backed loans in Zimbabwe
IntroductionTO realize the aspirations of Vision 2030, Zimbabwe needs to invest US$2 billion in infrastructure development in five consecutive years to close the infrastructure asset gap, a hu...Published: 07 Dec 2023 at 05:29hrs | 12 | by Mbongeni Nhliziyo
STUPID MOVE: Zimbabwe speeds up decommissioning of power stations
Plans to decommission small thermal power stations in Harare, Munyati and Bulawayo are being expedited, with efforts now aimed at driving more investment towards renewable energy sources in line with ...Published: 06 Dec 2023 at 05:04hrs | 7 | by Staff reporter
Flawed elections can never be a 'closed chapter'!
Let me make this abundantly clear from the onset.There is no way a flawed electoral process can simply pass by and be forgotten without its severe repercussions haunting the nation for a very ...Published: 20 Nov 2023 at 09:43hrs | | by Tendai Ruben Mbofana
Kariba rehab delays worry funders
The funders of the Kariba Dam Rehabilitation Programme (KDRP) have expressed concern over the project's prolonged timeline, which has extended into its seventh year, far exceeding the originally proje...Published: 16 Oct 2023 at 06:08hrs | | by Staff reporter
EU, US sanctions hit Zimbabwe's agric sector hard
Since the final stage of the Cold War, the use of sanctions as a "soft approach" in international diplomacy gained pre-eminence among states that seek to influence the perception and behaviour of othe...Published: 02 Oct 2023 at 06:19hrs | 3 | by Livingstone Kazizi
Zimbabwe loses more than US$23b through IFFs
Zimbabwe lost more than US$23 billion through illicit financial flows (IFFs) between 1980 and 2018, a new report compiled by the African Development Bank (AfDB) shows.Other sources, however, s...Published: 06 Aug 2023 at 08:25hrs | 6 | 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
Remittances anchor Zimbabwean economy
THE World Bank recently released global diaspora remittance statistics, which show that expatriates from low and middle-income countries sent over US$647 billion to their home countries in 2022....Published: 07 Jul 2023 at 07:52hrs | 8 | by Victor Bhoroma
Attacks on Zimbabwe by US shadow organisations escalate
A new investigative report by The Sentry and Open Secrets, United States organisations which probe and follow dark money and illicit financial flows around the world - given to The NewsHawks and other...Published: 06 Jul 2023 at 09:16hrs | | by Staff reporter
Hwange Units 1-6 refurb begins
Major refurbishment on Unit 5 at the Hwange Thermal Power Station has commenced under a multi-million-dollar rehabilitation project set to extend its lifespan by up to 25 years.It has an insta...Published: 02 Jul 2023 at 07:39hrs | 6 | by Staff reporter
US$110 000 to explore waste recycling in Bulawayo
BULAWAYO City Council (BCC)'s water and sanitation programme got a major boost after it secured about US$110 000 from a Dutch entity, Vitens Evides International (VIE), to conduct a one-year feasibili...Published: 26 Jun 2023 at 06:46hrs | | by Staff reporter
US revokes visas after Museveni signs tough anti-gay Bill into law
In a swift response, the United States has revoked the visas of Uganda's Speaker of Parliament Anita Among following the stricter anti-gay Bill becoming law in Uganda.On Monday the Speaker rev...Published: 29 May 2023 at 19:37hrs | | by Staff reporter
A critical review of Al Jazeera's Gold Mafia documentary
APRIL, famously characterised as "the cruellest month" by distinguished poet and literary critic TS Eliot in his critically acclaimed essay "The Wasteland" - not because its first day celebrates fools...Published: 28 May 2023 at 17:07hrs | 3 | by Jonathan Moyo
Mnangagwa disappointed by some members of the business community
PRESIDENT Mnangagwa is disappointed by some members of the business community whose conduct continues to frustrate Government efforts to stabilise the economy and the current wave of price increases o...Published: 23 May 2023 at 06:36hrs | 21 | by Staff reporter
Mnangagwa leaves for AfDB forum in Egypt
President Mnangagwa is expected here today to join over 3 000 delegates who include Heads of State and Government, central bank governors and members of the development community, at the 58th annual m...Published: 22 May 2023 at 06:25hrs | | by Staff reporter
Zimbabwe ups tempo on debt resolution
President Mnangagwa's scheduled engagements at the African Development Bank (AfDB)'s annual meetings in Sharm el-Sheik, Egypt, this week will add impetus to Zimbabwe's arrears clearance and debt resol...Published: 21 May 2023 at 08:02hrs | | by Staff reporter
'Zimbabwe debt resolution will open funding floodgates'
THE successful conclusion of discussions on Zimbabwe's arrears clearance and debt resolution will lay a firm foundation for the lifting of economic sanctions and help to unlock fresh and affordable ex...Published: 21 May 2023 at 08:02hrs | | by Staff reporter
Hwange Unit 7 clocks full load of 300MW
THE power utility, Zesa Holdings, has announced a reduction in load shedding in response to the rising domestic power generation capacity, which has seen the country surpassing 1 000MW total output fr...Published: 26 Apr 2023 at 06:20hrs | | by Staff reporter
'Zimbabwe seated on huge renewable energy resources'
ENERGY and Power Development minister Zhemu Soda last week said the country is sitting on enormous untapped energy resources offering significant opportunities for investors.He said some of th...Published: 28 Mar 2023 at 06:42hrs | | by Staff reporter
High-rise flats for rural areas
ABOUT 400 blocks of flats will be constructed countrywide, starting this year, with Government facilitating the projects as the Second Republic steps up efforts to deliver modern housing to the people...Published: 26 Mar 2023 at 09:58hrs | | by Staff reporter
Zesa mulls US$4bn gas-fired plant
ZIMBABWE'S power utility Zesa Holdings Ltd says it plans to build a gas-fired power station as it prepares for a potential find by Australia Stock Exchange-listed resources junior Invictus Energy, whi...Published: 24 Mar 2023 at 06:29hrs | | by Staff reporter
Zesa infrastructure vandalism miffs Mnangagwa
PRESIDENT Emmerson Mnangagwa has expressed alarm over the theft and vandalism of the country's electrical infrastructure and has urged academic institutions to find a solution to the problem."...Published: 24 Mar 2023 at 06:25hrs | | by Staff reporter
Vic Falls double header for Mnangagwa
PRESIDENT Mnangagwa will be in Victoria Falls today to lead key proceedings of two separate high-level international economic conferences as the Second Republic intensifies its efforts to accelerate d...Published: 23 Mar 2023 at 06:15hrs | 3 | by Simbarashe Sithole
Mnangagwa to address top energy conference
President Emmerson Mnangagwa will address the fourth edition of the International Renewable Energy Conference and Expo 2023 in Victoria Falls on Friday as the platform continues to grow in leaps and b...Published: 19 Mar 2023 at 07:49hrs | | by Staff reporter
AfDB president expected in Zimbabwe
African Development Bank (AfDB) president Dr Akinumwi Adesina, the chief facilitator for Zimbabwe's arrears clearance and debt resolution process is expected in the country tomorrow to attend the seco...Published: 21 Feb 2023 at 05:49hrs | | by Staff reporter
Farmers defend raw sugar price increase
Small-scale sugarcane farmers, who supply 45 percent of raw sugar in Zimbabwe, have defended the new price of the commodity after Gold Star suspended production at its refinery in Harare this week cit...Published: 17 Feb 2023 at 04:54hrs | | by Staff reporter
Preparations for the 63rd edition of the ZITF take shape
PREPARATIONS for the 63rd edition of the Zimbabwe International Trade Fair (ZITF) are gearing up with officials flagging "palpable interest" from both domestic and international participants.Z...Published: 13 Feb 2023 at 05:20hrs | | by Staff reporter
Mbudzi US$88m controversy: Mthuli Ncube told to explain
PARLIAMENT'S Public Accounts Committee chairperson Brian Dube says Finance and Economic Development minister Mthuli Ncube should explain the decision to borrow US$88 million to fund the construction o...Published: 12 Feb 2023 at 11:18hrs | 8 | by Staff reporter
Zimbabwe harbours wanted Irish Mafia cartel boss
A ZIMBABWEAN businessman, Adam Lincoln Woodington Wood, has allegedly been harbouring and enabling the activities of the founder of an Irish mafia gang, Christopher Vincent Kinahan, who is on the want...Published: 12 Feb 2023 at 07:33hrs | 59 | by Staff reporter
US$88m govt deal raises stink
THE controversy surrounding funding for Harare's Mbudzi interchange project has deepened amid reports that the project costs were inflated.Wednesday confirmation by Finance minister Mthuli Ncu...Published: 10 Feb 2023 at 05:41hrs | | by Staff reporter
USAid warns of Zimbabwe funding threat
THE Private Voluntary Organisations (PVOs) Amendment Bill, which has been criticised by opposition parties and civic groups for muzzling government critics and narrowing democratic space, has gone a s...Published: 02 Feb 2023 at 19:53hrs | | by Staff reporter
US$275m for new GMB silos
The GOVERNMENT plans to spend more than US$275 million over the next three years to construct new Grain Marketing Board (GMB) silos, as well as renovate and modernise old ones countrywide to cater for...Published: 22 Jan 2023 at 12:13hrs | 1 | by Staff reporter
Chivayo promises to deliver 100 MW in 2 years
Intratrek Zimbabwe can deliver 10 MW of electricity within six months, and another 90 MW within 24 months, the company's CEO Wicknell Chivayo claimed on Thursday, a day after the High Court ordered ZE...Published: 14 Jan 2023 at 07:56hrs | | 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 | 7 | 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 | 6 | by Victor Bhoroma
Load More Stories
