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Zimbabwe's ballooning US$21 billion debt spirals out of hand
Citizen Coalition for Change (CCC) Mbizo Member of Parliament (MP), Corban Madzivanyika, has raised alarm over Zimbabwe's escalating public debt, which has now surpassed US$21 billion. During a recent...Published: 15 Sep 2024 at 10:06hrs | 1807 | by Staff reporter
Bulawayo firms shine at ZNCC awards
At the Zimbabwe National Chamber of Commerce (ZNCC) 2024 Matebeleland Annual Business Awards, Mr. George Kudya of Star Distributors emerged as the star of the night, winning both the Overall Winner an...Published: 09 Jun 2024 at 09:07hrs | 11 | by Staff reporter
Mnangagwa government's game of darkness
NOW, if you put President Emmerson Mnangagwa, Mthuli Ncube and Kuda David Mnangagwa-the Finance minister and deputy minister, respectively—what will you get?Correct. Darkness. Lots of darkne...Published: 31 Mar 2024 at 16:30hrs | | by Tawanda Majoni
Mnangagwa must not exempt state entities from scrutiny
GOVERNANCE watchdogs has demanded that President Emmerson Mnangagwa discard his gazetted General Notice 164B of 2024 which exempts 21 key state entities from complying with the Public Procurement and ...Published: 21 Feb 2024 at 20:03hrs | 54 | by Staff reporter
Mnangagwa govt is getting crazier
IF you are a Zimbabwean citizen or resident and still want to live on, you need super strong shock absorbers because the Mnangagwa administration is capable of crazy things that can easily kill you....Published: 11 Feb 2024 at 21:07hrs | | by Staff reporter
Mnangagwa exempts 21 entities from scrutiny
President Emmerson Mnangagwa has exempted 21 public entities from scrutiny in procurement and disposal of assets.The Reserve Bank of Zimbabwe, AFC Commercial Bank, Infrastructure Develop...Published: 09 Feb 2024 at 06:58hrs | | by Staff reporter
3 robbers shot dead in Gwanda
Three robbers who were terrorising and targeting people keeping large amounts of money in Bulawayo and Matabeleland South province were on Tuesday killed after a shoot-out with police.Police s...Published: 07 Feb 2024 at 19:06hrs | 1 | by Staff reporter
Hope for trapped Redwing miners
The GOVERNMENT has stepped up rescue efforts for 15 miners believed to be trapped underground at Redwing Mine in Penhalonga amid indications they could be found alive.Yesterday, experts said t...Published: 07 Jan 2024 at 17:34hrs | 5 | by Staff reporter
Zimbabwe mines need a web presence
Zimbabwe has only just over ten mines and mining companies with an online presence. Mines with a web presence include ZimPlats, Caledonia Mining Corporation, A and F Avalon Gold Mine, Renco Gold Mine,...Published: 24 Dec 2023 at 09:57hrs | 9 | by Jacob Kudzayi Mutisi
Zimbabwe sees surge in mining investments
Zimbabwe's mining sector has witnessed a surge in investment over the past two years, with several companies investing heavily in exploration, expansion, and plant construction.A recent survey...Published: 09 Nov 2023 at 05:53hrs | 18 | by Staff reporter
Biti lays into Mnangagwa, Tagwirei
SENTRY and Open Secrets exposé has confirmed that Zimbabwe has become a mafia state, run and controlled by cartels and syndicates, Former Finance Minister Tendai Biti has said.In a publicised...Published: 08 Jul 2023 at 08:29hrs | 9 | by Staff reporter
Shadowy US organisation raise questions about Tagwirei mine purchase
A joint investigative report by The Sentry and Open Secrets exposes how Zimbabwean presidential advisor and business tycoon Kudakwashe Tagwirei, the subject of numerous corruption allegations, was abl...Published: 06 Jul 2023 at 10:41hrs | 9 | by Staff reporter
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
Great Dyke platinum project well on course
EXPLORATION and feasibility studies are complete at the new platinum mine owned by Great Dyke Investments in Darwendale and production is due to start soon with the mine expected to yield 1,36 million...Published: 12 Jun 2023 at 06:23hrs | | by Staff reporter
ZimAlloys ready to switch on its biggest furnace
ZIMBABWE Alloys (ZimAlloys), one of the country's biggest producers of ferrochrome, will restart its 50 000 tonnes per year furnace in July this year after investing more than US$13 million in it, an ...Published: 30 Mar 2023 at 06:38hrs | | by Staff reporter
The mountain is high
Back in 1926, America witnessed the clash of two African-African American giants — then they were called Negroes — over the notion of Negro Art.Was Negro Art a separate creative tradition ...Published: 11 Mar 2023 at 06:35hrs | | by @Jamwanda2
Missing couple found dead
A Missing Mvurwi couple was found dead in their bedroom hut with their bodies in an advanced state of decomposition.Obert Aliyori and Freda Kandamara were reported missing by their neighbour G...Published: 24 Jan 2023 at 16:50hrs | | by Simbarashe Sithole
RBZ in dramatic U-turn on Fidelity privatisation
IN a dramatic policy U-turn, the Reserve Bank of Zimbabwe (RBZ) has indefinitely suspended its plans to partially privatise Fidelity Printers and Refiners (FPR) nearly two years after announcing inten...Published: 04 Nov 2022 at 05:32hrs | | by Staff reporter
Zimbabwe gold deliveries climb to 26 tonnes
Gold deliveries to Fidelity Gold Refinery in the nine months to September 2022 grew by 36 percent to 25,7 tonnes, from 18,9 tonnes in the same period a year earlier, raising the prospect that Zimbabwe...Published: 09 Oct 2022 at 07:50hrs | | by Staff reporter
Mnangagwa's govt stripping assets, claims MPs
LEGISLATORS have accused the Executive of systematically stripping the country of its valuable assets and selling them through opaque deals, which observers say smells of deep-rooted corruption and pl...Published: 30 Aug 2022 at 06:35hrs | 1 | by Staff reporter
Zimbabwean teen model claims UN crown
INDIA-BASED Zimbabwean teenage model Christine Retsepile Moyo was at the weekend crowned Miss Teen Zimbabwe United Nations World in New Delhi, India.Speaking to NewsDay Life & Style from h...Published: 11 May 2022 at 11:25hrs | 8 | by Staff reporter
Our country is being mortgaged
THE biggest story last week was that the world's largest private metal trader and second-largest oil dealer, Trafigura Group shall be paid US$225,6 million by nickel and gold-mining subsidiaries of St...Published: 02 May 2022 at 08:01hrs | | by Staff reporter
Trafigura seeks control of Zimbabwe metals over debts
TRAFIGURA Group and Zimbabwe's government have discussed a deal that would give the commodities trader control over output from some of the nation's biggest mines as repayment for debts, documents see...Published: 30 Apr 2022 at 16:15hrs | | by Staff reporter
RBZ shelves plans to sell gold buying unit
The Reserve Bank of Zimbabwe (RBZ) has indefinitely suspended plans to dispose of its controlling stake in the country's sole gold buyer, Fidelity Printers and Refinery, to new shareholders, a senior ...Published: 21 Mar 2022 at 06:21hrs | 6 | by Staff reporter
'Mnangagwa spooked by spectre of youth revolution'
PRESIDENT Emmerson Mnangagwa's spokesperson George Charamba last week accused award-winning journalist Hopewell Chin'ono (HC), who is also a stern critic of the government of sour grapes after his bid...Published: 28 Aug 2021 at 21:32hrs | 2 | by Staff reporter
Tagwirei linked companies cited in US$49m privatisation deal
AS Treasury maintains a tight lid over the identity of gold producers who snapped 60% shareholding in Fidelity Printers and Refiners (FPR), emerging details show that Kuvimba Mining House, Better Bran...Published: 20 Aug 2021 at 07:22hrs | | by Staff reporter
Whose who in Mwonzora's shadow Cabinet - Full list
Movement for Democratic Change (MDC-T) leader Douglas Mwonzora Thursday announced a 26-member shadow cabinet which he said will monitor and check the performance of President Emmerson Mnangagwa’s ca...Published: 19 Aug 2021 at 17:35hrs | 2 | by Staff reporter
Chamisa's MDC claims Fidelity 'parcelled out' to Tagwirei
The MDC Alliance is mulling a legal challenge to the disposal of the government's majority stake in Fidelity Printers and Refiners (FPR), which the party says has been "parcelled out" to controversial...Published: 03 Aug 2021 at 18:45hrs | 2 | by Staff reporter
Tagwirei's vast tentacles grip Zimbabwe government
KUDAKWASHE Tagwirei's influence on government in recent years has been unmatched.The shadowy businessman has emerged one of the biggest beneficiaries of the November 2017 military coup which o...Published: 17 Jul 2021 at 15:26hrs | 10 | by Staff reporter
Mnangagwa-Tagwirei links getting clearer
THE other day I was talking to a respected colleague who said something that got me thinking hard and long.The colleague — who, sure, has access to President Emmerson Mnangagwa now and then ...Published: 11 Jul 2021 at 10:49hrs | 1 | by Tawanda Majoni
Kuvimba mining produces 311kgs gold
Kuvimba Mining House subsidiary, Fredda Rebecca Gold Mine has produced another milestone of 311kilogrammes of gold in June, which is the first for the mining firm.The achievement h...Published: 08 Jul 2021 at 14:12hrs | 1 | by Staff Reporter
Gold mine hits 300kg mark in one month
MINING giant, Freda Rebecca Gold Mine has set a new record after it produced 300 kilogrammes of gold in May this year, a figure which was last recorded 20 years ago.Freda Rebecca Gold Mine is ...Published: 17 Jun 2021 at 06:13hrs | 1 | by Staff reporter
Mystery of Kuda Tagwirei's assets in Zimbabwe revival plan
In December, the government of Zimbabwe announced a multibillion-dollar project called Kuvimba Mining House Ltd. that would hold some of the nation's most valuable gold, platinum, chrome and nickel mi...Published: 11 May 2021 at 09:02hrs | 7 | by Staff reporter
WATCH: Musanhi champions water crisis resolution
Residents of Bindura, yesterday received tap water for the first time after spending more than a year without the precious liquid.Bindura North Legislator Kenneth Musanhi who has been pushing ...Published: 27 Feb 2021 at 09:55hrs | 3 | by Simbarashe Sithole/Lloyd Rabaya
Tycoon Tagwirei's hold on Zim gold
BUSINESS kingpin Kudakwashe Tagwirei has long had a commanding position in Zimbabwe's US$100m-a-month fuel import market, and owns major stakes in banking, telecoms and the country's largest platinum ...Published: 10 Feb 2021 at 06:25hrs | | by Staff reporter
Zimbabwe mineral exports surpass target
Zimbabwe's mineral exports, excluding gold and silver, for the year 2020 surged by 27 percent, earning the country US$2,4 billion, the Minerals and Marketing Authority of Zimbabwe (MMCZ) has said. ...Published: 18 Jan 2021 at 05:50hrs | | by Staff reporter
Bank of Zambia orders top Zimbabwean banker to exits MyBucks
THE Bank of Zambia (BoZ) has ordered a top Zimbabwean banker, George Manyere to exit from both controlling shareholding and directorship in the fintech company MyBucks after violating banking rules....Published: 18 Jan 2021 at 05:45hrs | | by Staff reporter
Kuvimba: How to hide a mining giant in plain sight
A year ago, Kuvimba Mining House did not exist. now it could be the country's biggest gold producer.How? The answer shows how transparency is still not a thing for Zimbabwean authorities....Published: 10 Jan 2021 at 08:10hrs | 22 | by Staff reporter
Australian owned gold mines acquired by Kuvimba mining
Finance and Economic Development Minister Professor Mthuli Ncube said the government has given Kuvimba Mining House the nod to acquire Globe and Phoenix Gold Mine and other associated mines owned by a...Published: 07 Jan 2021 at 13:51hrs | | by Simbarashe Mwandipendaa
Kuvimba Mining to raise US$1 billion, eyes VFEX listing
Kuvimba Mining House, the newly created mining company, will seek to raise US$1 billion to recapitalise its assets, which it hopes will generate an ambitious US$1.5 billion per annum by 2023. ...Published: 05 Jan 2021 at 18:27hrs | | by Staff reporter
WATCH: Fuel tanker up in flames
A BULK fuel tanker went up in flames on Tuesday while offloading fuel at Bindura Council fuel station.The truck burnt and exploded and it became a center of attraction to Bindura residents....Published: 23 Dec 2020 at 09:52hrs | 1 | by Simbarashe Sithole
Kuvimba Mining House targets 500 000 ounces of gold
KUVIMBA Mining House is targetting 500 000 ounces of gold from all its subsidiaries which will turn the fortunes of the gold sector in Zimbabwe.The Group Chief Executive Officer, David Brown o...Published: 19 Dec 2020 at 08:01hrs | | by Simbarashe Sithole
RBZ to sell Fidelity Printers & Refinery
Reserve Bank of Zimbabwe has announced its intention to unbundle and dispose of part of its stake in Fidelity Printers and Refiners.According to a statement from RBZ governor John Mangudya, th...Published: 16 Dec 2020 at 15:09hrs | 1 | by Staff reporter
Share swap exposes Tagwirei's vast web
A transaction in which the National Social Security Authority (NSSA) disposed of its 37,79% ZB Financial Holdings (ZBFH) shareholding was a swap deal that saw the authority clinching CBZ shares worth ...Published: 04 Dec 2020 at 07:27hrs | 12 | by Staff reporter
40 trapped in collapsed Bindura mine
ABOUT 40 illegal miners were yesterday trapped at Ran Mine in Bindura after a disused mine shaft collapsed. Six miners were retrieved and rushed to Bindura Hospital for treatment, according to Zimbabw...Published: 26 Nov 2020 at 07:23hrs | | by Staff reporter
Mine workers jailed for stealing diesel
FIVE Freda Rebecca gold mine workers were sentenced to six months each yesterday by Bindura magistrate Ethel Chichera after they stole 125 litres of diese...Published: 26 Sep 2020 at 15:45hrs | 1 | by Simbarashe Sithole
Zupco bus scam: Independent partners TIZ, engages lawyers
ALPHA Media Holdings (AMH)'s Zimbabwe Independent newspaper, in conjunction with Transparency International Zimbabwe (TIZ), has engaged a renowned local legal law firm with a view to compelling govern...Published: 11 Sep 2020 at 07:15hrs | | by Staff reporter
Africa'second revolution whose time has come: Breaking-away from oppressive partisan poverty politics
The high-sounding and inspirational liberation of the entire of Africa by political parties and liberation movements that lost its cause! The law-abiding citizens that have been reduced to the level o...Published: 05 Sep 2019 at 21:20hrs | | by Reginald Thabani Gola
Democracy and philanthropism in governance and five of Africa's most rare men in politics
Democracy is a system of governance in which the people choose their leaders by voting for them in elections. ... Philanthropy is free-giving of help or money to those in need. Governance is control o...Published: 25 Aug 2019 at 22:34hrs | | by Reginald Thabani Gola
A case for subsidies in the mining sector
Zimbabwe racked in US$3.2 billion from mineral exports in 2018, a figure which represents 76% of the country's official total export earnings. This year the government has set the target at US$4.2 bil...Published: 11 Jun 2019 at 09:35hrs | 2 | by Victor Bhoroma
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