Search / Holdings
Zimbabwe experiences prolonged load shedding
ZESA Holdings has issued a public update on the ongoing power supply challenges affecting Zimbabwe, as residents across the country continue to face prolonged power cuts and severe load shedding....Published: 14 Nov 2024 at 13:46hrs | 270 | by Staff reporter
ZESA addresses power outages
ZESA Holdings has reassured Zimbabweans that efforts are underway to address technical faults at the Hwange Power Station that have led to widespread power outages. The national power utility explaine...Published: 14 Nov 2024 at 09:25hrs | 193 | by Staff reporter
Chiyangwa's 250,000 stands projects raises alarm
A Harare-based liberal think tank, the Coalition for Market and Liberal Solutions (Comaliso), has raised concerns over the feasibility of businessman Phillip Chiyangwa's ambitious 250,000 housing stan...Published: 12 Nov 2024 at 10:59hrs | 964 | by Staff reporter
Mnangagwa's ED2030 amendment will never happen
Zanu-PF Central Committee member and war veteran Blessing Geza has condemned party supporters pushing for an extension of President Emmerson Mnangagwa's tenure beyond the constitutional limit, calling...Published: 09 Nov 2024 at 17:14hrs | 1456 | by Staff reporter
Harare robbery ring busted
The Zimbabwe Republic Police (ZRP) has arrested five individuals suspected of being behind a series of high-profile armed robberies in Harare, including a major heist at Dinwoo Investments where US$30...Published: 07 Nov 2024 at 06:56hrs | 421 | by Staff reporter
Hero's send-off for Bosso CEO
Hundreds of mourners gathered at Lady Stanley Cemetery to pay their last respects to Sihlangu Dlodlo, the late chief executive officer of the Highlanders Football Club. Dlodlo's lifeless body was disc...Published: 03 Nov 2024 at 10:13hrs | 249 | by Staff reporter
Nurses graduate in Hwange
The Hwange Medical Company's School of Nursing proudly celebrated the graduation of 31 trainees who received diplomas in general nursing on Friday, achieving an impressive overall performance rate of ...Published: 03 Nov 2024 at 10:11hrs | 259 | by Staff reporter
Dr Nkululeko Sibanda's assets to be forfeited
The National Prosecuting Authority of Zimbabwe (NPAZ) has filed a High Court application to seize properties worth millions of dollars from the estate of the late businessman Dr. Nkululeko Sibanda, ac...Published: 03 Nov 2024 at 10:03hrs | 3279 | by Staff reporter
Normal to above-normal rainfall still expected in ZImbabwe
Zimbabwe's Meteorological Services Department (MSD) has reaffirmed its forecast for normal to above-normal rainfall during this year's summer cropping season, despite reports suggesting a potential we...Published: 03 Nov 2024 at 10:03hrs | 311 | by Staff reporter
Was Kudzi Keita a diamond dealer and a hustler?
THE first thing which would hit you about Kudzai Keita was his SURNAME.It's not a common surname in Zimbabwe and rarely does one find it being associated with a name like Kudzai.It's a...Published: 01 Nov 2024 at 10:08hrs | 1402 | by Staff reporter
Nkosana Moyo wants Zimbabwe to adopt US's coined rules based society
Nkosana Moyo, founder and executive chairperson of Minds, has emphasized the urgent need for a rule-based society to effectively address Zimbabwe's political and socio-economic challenges. He made the...Published: 01 Nov 2024 at 06:39hrs | 650 | by Staff reporter
Zimbabwe opposition on deathbed
A former Cabinet minister has condemned the Zimbabwean government and the ruling Zanu-PF party for their hostile stance towards opposition parties, labeling it a sign of immaturity and cowardice rathe...Published: 01 Nov 2024 at 06:36hrs | 714 | by Staff reporter
ZimAchievers Awards South Africa announce 2024 nominees
The stage is set for one of the biggest events on the social calendar with Zimbabwe Achievers Awards (ZAA) South Africa releasing the nominees shortlist for their 9th Awards Dinner Gala.Social...Published: 30 Oct 2024 at 21:34hrs | 927 | by Agencies
Zesa unveils strategy to end load-shedding
ZESA Holdings has announced a transformative strategy to eliminate load-shedding by next year and achieve universal electricity access across Zimbabwe by 2030. The plan, detailed by ZESA executive cha...Published: 25 Oct 2024 at 08:44hrs | 306 | by Staff reporter
Zimbabwe's Dinson's steel plant reaches 60% production capacity
The Dinson Iron and Steel Company's US$1.5 billion steel plant in Manhize, Midlands Province, has achieved 60% capacity utilization since starting production in July 2024. The plant, touted as Africa'...Published: 24 Oct 2024 at 13:13hrs | 752 | by Staff reporter
Powertel gains 2% market share
Powertel, a telecom subsidiary of ZESA Holdings, has recorded a significant 2.05 percentage point increase in market share during the second quarter of 2024, according to the latest report from the Po...Published: 23 Oct 2024 at 18:48hrs | 137 | by Staff reporter
Mutumwa Mawere appeals 6 month contempt sentence
Zimbabwean-born South African businessman Mutumwa Mawere has filed an appeal against his six-month prison sentence for contempt of court, stemming from a protracted legal dispute involving Southern As...Published: 21 Oct 2024 at 08:28hrs | 3802 | by Staff reporter
Zimbabwe army faces scrutiny over unlawful gold mining operations
Rusununguko/Nkululeko Holdings (Pvt) Ltd, a company owned by the Zimbabwe Defence Forces (ZDF), is allegedly conducting an unauthorized alluvial gold mining operation in Allied Timbers' Tarka Forest, ...Published: 20 Oct 2024 at 12:23hrs | 398 | by Staff reporter
Cabinet speaks on power supply shortages amid prolonged blackouts
The Zimbabwean government has announced a series of measures to address the country's ongoing power supply shortages as extended daily blackouts continue to disrupt homes and businesses nationwide....Published: 16 Oct 2024 at 12:11hrs | 909 | by Staff reporter
Mutapa to acquire drug producer CAPS Holdings
Zimbabwe's sovereign wealth fund, the Mutapa Investment Fund, is set to acquire local healthcare and drug manufacturing giant CAPS Holdings, despite a Supreme Court ruling earlier this year overturnin...Published: 14 Oct 2024 at 08:10hrs | 181 | by Staff reporter
Farmers4ED backs government's new land tenure policy
The ruling party's affiliate organization, Farmers for Economic Development (Farmers4ED), has expressed strong support for the Zimbabwean government's latest policy change, which allows beneficiaries ...Published: 13 Oct 2024 at 12:32hrs | 186 | by Staff reporter
Prophet Walter Magaya in financial trouble
Leading ZIFA presidential candidate Prophet Walter Magaya is at risk of losing his hotel and the Heart Stadium in Waterfalls, Harare, due to an outstanding debt of US$420,000 owed to GetBucks Microfin...Published: 12 Oct 2024 at 16:47hrs | 2569 | by Staff reporter
BCC invites investors to special economic zone
The Bulawayo City Council has granted approval for Lebanmon Investment Private Limited, a Chinese investment company, to establish a cement production facility at the Umvimila special economic zone. T...Published: 09 Oct 2024 at 07:45hrs | 188 | by Staff reporter
Dairibord has no plans to exit Zimbabwe
Dairibord Holdings has firmly dismissed recent online reports suggesting that the company is planning to shut down its operations in Zimbabwe and relocate to South Africa. The group has reaffirmed its...Published: 09 Oct 2024 at 07:36hrs | 299 | by Staff reporter
Mutapa assets valued at US$16bn
A comprehensive valuation of companies under the Mutapa Investment Fund (MIF), carried out by prominent local and international accounting firms over the past five months, has placed the total value o...Published: 06 Oct 2024 at 10:02hrs | 217 | by Staff reporter
War veteran faces eviction amid corruption scandal
Bernard Masendeke, a war veteran popularly known as "Shumba," is facing eviction from a farm he has occupied for nearly 20 years following a court order linked to a corruption scandal involving senior...Published: 05 Oct 2024 at 17:24hrs | 1378 | by Staff reporter
Mutumwa Mawere sentenced to 6 months in SA prison
Zimbabwean-born South African businessman Mutumwa Mawere has been sentenced to six months in prison for contempt of court, following a protracted legal battle involving Southern Asbestos Sales (Pty) L...Published: 05 Oct 2024 at 16:16hrs | 2089 | by Staff reporter
SA-based lawyer wants proper ESG framework in Zimbabwe
South Africa-based lawyer and researcher Edwell Maposa has highlighted that the absence of a proper framework has significantly undermined the implementation of the Environment, Social, and Governance...Published: 03 Oct 2024 at 08:49hrs | 113 | by Staff reporter
7 big global companies dump South Africa
Many large global companies, including Shell, HSBC, PNB Paribas, Rolex, AngloGold Ashanti, TotalEnergies, and BP's Aviation Fuel Business, are dumping South Africa.Last week, HSBC announced th...Published: 02 Oct 2024 at 12:35hrs | 1192 | by Staff reporter
Fight for Gwanda mine escalates amid bribery allegations
The ongoing dispute over Vubachikwe Gold Mine has escalated, with major shareholder Forbes & Thompson accusing lawyers representing Fawcett Security Operations - a creditor seeking to ...Published: 29 Sep 2024 at 11:16hrs | 205 | by Staff reporter
Ex-ZIPRA combatants to hold meeting on property recovery efforts
Former ZIPRA combatants are set to convene an emergency meeting to assess progress regarding the recovery of properties seized by the government during the Gukurahundi era in the early 1980s. The upco...Published: 26 Sep 2024 at 10:33hrs | 322 | by Staff reporter
Econet's investment in Liquid may be poised for a decline in value
Morgan & Co, a prominent securities firm, has issued a cautionary warning to Econet Wireless Zimbabwe regarding its investment in Liquid Telecommunications Holdings (LTH). The firm anticipates a p...Published: 20 Sep 2024 at 11:14hrs | 672 | by Staff reporter
Govt allocates $25 million for National Sports Stadium refurbishment
The Zimbabwean government has earmarked a budget of $25 million for the ongoing refurbishment of the National Sports Stadium, Parliament was informed this week. However, there are growing concerns tha...Published: 20 Sep 2024 at 08:01hrs | 409 | by Staff reporter
Is Justice Chinamora's comeback a bad omen for Zimbabwean justice?
In Zimbabwe, we have become accustomed to those embroiled in controversy and transgression in their professional conduct being somehow rewarded by the ruling establishment. However, the choice...Published: 19 Sep 2024 at 20:54hrs | 1069 | by Tendai Ruben Mbofana
Zimbabwe platinum output to remain stable
Platinum production in Zimbabwe is expected to remain stable this year, with global demand projected to rise by 3% to approximately 226,000 ounces, according to a report released by the World Platinum...Published: 11 Sep 2024 at 08:51hrs | 60 | by Staff reporter
HCC workers exploit desperate toilet-seeking Hararians
Harare City Council workers have been exploiting a scheme to charge citizens for the use of public toilets, which are meant to be free, pocketing the money from desperate users. An investigation by Tr...Published: 07 Sep 2024 at 10:08hrs | 373 | by Staff reporter
Zimbabwe opens rail network to private companies
The National Railways of Zimbabwe has opened its network up to private players, including a unit of South Africa's Grindrod, as it seeks to boost freight volumes that had collapsed after decades of un...Published: 06 Sep 2024 at 13:07hrs | 620 | by Staff reporter
Zimbabwe signs agreements to boost power generation with Chinese partnership
President Mnangagwa today led a pivotal meeting in Beijing between ZESA Holdings and China's TBEA Corporation, resulting in the signing of several Memoranda of Understanding (MoUs). These agreements a...Published: 05 Sep 2024 at 12:49hrs | 376 | by Staff reporter
Mnangagwa continues engagements with corporate China
President Mnangagwa continued his diplomatic and corporate engagements aimed at advancing Zimbabwe's infrastructure development in line with Vision 2030. ...Published: 05 Sep 2024 at 07:06hrs | 66 | by Staff reporter
Sifiso Dabengwa to be buried in South Africa
Zimbabwean-born South African corporate executive Raymond Sifiso Dabengwa, former CEO of MTN Group and Eskom board member, will be laid to rest in Johannesburg on Saturday. Dabengwa, 66, passed away o...Published: 04 Sep 2024 at 15:09hrs | 2289 | by Staff reporter
Kariba dam faces shutdown
Zimbabwe is facing increased load-shedding due to critically low water levels at Kariba Dam, a consequence of the El Niño-induced drought affecting the southern Africa region. The country received be...Published: 03 Sep 2024 at 15:43hrs | 830 | by Staff reporter
Sifiso Dabengwa dies
Zimbabwean-born South African corporate executive Raymond Sifiso Dabengwa, former president and CEO of telecoms giant MTN Group and a board member of Eskom, has passed away at the age of 66.Da...Published: 01 Sep 2024 at 15:52hrs | 6577 | by Staff reporter
Chiyangwa denies grabbing land, cites four court rulings
Dr. Phillip Chiyangwa, a prominent Harare businessman, has refuted allegations that he illegally seized land from JC Delonics, a Chinese-owned firm. The dispute centers around a property in Helensvale...Published: 29 Aug 2024 at 16:07hrs | 200 | by Staff reporter
Zinara announces a 25% discount to Harare residents only
THE Zimbabwe National Road Administration (Zinara) is giving a 25 percent discount for light vehicle license fees during the Zimbabwe Agricultural Show week.Light motor vehicles are of up to 2...Published: 28 Aug 2024 at 15:45hrs | 1876 | by Staff reporter
Hwange Power Station Unit 8 fault resolved
Zimbabwe's load-shedding is expected to improve following the resolution of a technical fault at Hwange Power Station Unit 8, which is now awaiting synchronization. ZESA Holdings is taking multiple st...Published: 28 Aug 2024 at 15:24hrs | 622 | by Staff reporter
Zesa brokers a US$5 billion power deal with Indian company
ZESA Holdings has secured a $5 billion agreement with Jindal Steel and Power to overhaul Zimbabwe's aging power generation units at Hwange. This refurbishment is expected to boost the country’s powe...Published: 28 Aug 2024 at 10:45hrs | 423 | by Staff reporter
Zimbabwe braces for prolonged power cuts amid technical glitch
ZIMBABWE'S national power utility has warned of extended load-shedding across the country due to decreased electricity generation at the Hwange Thermal Power Station.In a statement released on...Published: 26 Aug 2024 at 08:11hrs | 685 | by Staff reporter
Australian-based woman loses US$58,000 to friend
A man from Harare, McDonald Katumba (31) of Aspindale Park, is facing charges of embezzlement involving funds entrusted to him by his Australian-based friend.The accusations state that Katumba...Published: 26 Aug 2024 at 08:07hrs | 682 | by Staff reporter
Chiyangwa allocated land meant for road, nothing will done to him
A commission investigating issues at the Harare City Council has been informed that controversial businessman Phillip Chiyangwa was allocated land in a prime suburb of the capital that was originally ...Published: 25 Aug 2024 at 11:21hrs | 10352 | by Staff reporter
ZESA increases load-shedding schedules across Zimbabwe
Zimbabwe's national power utility, ZESA Holdings, has announced extended load-shedding across the country due to decreased electricity generation at the Hwange Thermal Power Station.In a state...Published: 24 Aug 2024 at 18:40hrs | 1224 | by Staff reporter
Load More Stories
