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Mnangagwa's quest for Chinese $2bn bailout hits a brick wall
PRESIDENT Emmerson Mnangagwa's quest for a critical US$2 billion bailout package from China in a desperate bid to ease the country's crippling liquidity crisis has hit a brick wall although the Chines...Published: 07 Sep 2018 at 13:02hrs | 1823 | by Staff reporter
Sino-Hydro, ZPC cornered over employment opportunities
HWANGE district administrator Simon Muleya yesterday convened an urgent crisis meeting with Sino-Hydro and Zimbabwe Power Company (ZPC) management, chiefs and Zanu-PF officials to discuss employment m...Published: 07 Sep 2018 at 07:13hrs | 437 | by Staff reporter
Mnangagwa petitioned over Zesa corruption
Youth Against Corruption (Yac) has petitioned President Emmerson Mnangagwa demanding him to act on corruption at power utility Zesa Holdings (Zesa).Yac accused Zesa senior management of firing...Published: 05 Sep 2018 at 13:42hrs | 1858 | by Staff reporter
Mnangagwa renews $2 billion Chinese bid
PRESIDENT Emmerson Mnangagwa will tomorrow leave for Beijing, China, to attend the Forum on China-Africa Cooperation (Focac) summit after which he will hold a bilateral meeting with Chinese President ...Published: 01 Sep 2018 at 13:41hrs | 1195 | by Staff reporter
National Railways on the mend
The National Railways of Zimbabwe (NRZ) has recorded a surge in business since it started a $400 recapitalisation programme in April this year.The latest statistics show that the parastatal mo...Published: 19 Aug 2018 at 06:28hrs | 311 | by Staff reporter
Zesa unit in fraud storm
ZIMBABWE Power Company (ZPC) has flown into the eye of a storm amid revelations a senior executive of the State- owned power utility allegedly awarded a multi-million dollar contract without going to ...Published: 19 Jul 2018 at 06:15hrs | 432 | by Staff reporter
7 months and a new reality
Yesterday I saw the new advertisement for the president's campaign on his Facebook page. I must admit it gave me goosebumps. I know, I know, that is what is supposed to do, but I can't help but feel t...Published: 10 Jul 2018 at 11:20hrs | 1549 | by Joice Tsitsi
Mnangagwa pledges power project
President Emmerson Mnangagwa has vowed to push ahead with a hydro-electric power project on the Zambezi river as he campaigns ahead of the July 30 election on a promise to rebuild the shattered econom...Published: 09 Jul 2018 at 13:29hrs | 281 | by AFP
$4,5bn Batoka deal to create 6 000 jobs
Zimbabwe and Zambia have agreed on principles for the $4,5 billion Batoka Gorge Hydro Electricity project secured by Harare, paving way for a technical meeting this week between experts from two the c...Published: 09 Jul 2018 at 07:28hrs | 191 | by Staff reporter
Chiwenga calls Hwange Board to order
VICE-PRESIDENT Dr Constantino Chiwenga has called on the Hwange Colliery Company Board to heed calls by Government to step down, saying corruption investigations into suspended managers would be follo...Published: 08 Jul 2018 at 13:00hrs | 603 | by Staff reporter
More jobs on the way, claims Mnangagwa
GOVERNMENT has lined up multiple economic stimulus programmes that are set to create thousands of decent jobs as the new political administration makes headway in putting the country back on track to ...Published: 08 Jul 2018 at 12:51hrs | 1248 | by Staff reporter
Mnangagwa delivers 60 000 jobs?
Zimbabwe's employment level has firmed over the last six months with more than 60 000 jobs created in various sectors, as the economy continues to stabilise under President Emmerson Mnangagwa's admini...Published: 01 Jul 2018 at 07:57hrs | 676 | by Staff reporter
Victory to give my admin oomph, says Mnangagwa
President Mnangagwa on Thursday told Zimbabweans based here that victory in next month's elections will give his administration the much-needed oomph and mandate to assert his vision for a new and pro...Published: 30 Jun 2018 at 07:58hrs | 279 | by Staff reporter
Power station expansion excites Hwange residents
PEOPLE from Hwange District are excited about the Hwange Power Station expansion project which they say is a game changer in the development of the district.President Emmerson Mnangagwa on Wed...Published: 29 Jun 2018 at 07:24hrs | 124 | by Staff reporter
Zanu-PF supporters not happy with Mnangagwa snub
Ruling Zanu PF supporters said Wednesday they were not impressed after President Emmerson Mnangagwa failed to turn up for a scheduled rally, having patiently waited for him all day.According t...Published: 28 Jun 2018 at 09:58hrs | 2174 | by Staff reporter
Mnangagwa doesn't trust Grace Mugabe
PRESIDENT Emmerson Mnangagwa has sensationally claimed that he does not trust former First Lady Grace Mugabe and her G40 acolytes, adding he could not rule out their involvement in the fatal bomb atta...Published: 28 Jun 2018 at 07:22hrs | 3074 | by Staff reporter
Sandra, Macheso for Zanu-PF Hwange rally
QUEEN of the dance floor Sandra Ndebele and Sungura king Alick Macheso will headline the list of entertainers at today's Zanu-PF rally in Hwange.This was revealed by the steering committee cha...Published: 27 Jun 2018 at 06:48hrs | 989 | by Staff reporter
Zimbabwe economy to grow faster than projected
Zimbabwe's economy is likely to grow faster that initially projected, largely driven by mining and agriculture. Minister Chinamasa said on Tuesday the economy would expand 6 percent in 2018, faster th...Published: 22 Jun 2018 at 06:59hrs | 251 | by Staff reporter
Kariba Dam water level rises to 82%
Kariba Dam's water level has risen markedly from a critically low level of about 20 percent last year to 83 percent; raising hope that significant benefits will continue to accrue from Kariba South Po...Published: 10 Jun 2018 at 09:23hrs | 582 | by Staff reporter
Khaya Moyo reads Zesa executives the riot act
THE Minister of Energy and Power Development, Simon Khaya Moyo, has vowed to fire without sympathy all Zesa Holdings' officials involved in corrupt dealings and blamed illicit shenanigans for the "cat...Published: 09 Jun 2018 at 15:48hrs | 252 | by Staff reporter
Zimbabwe is open for business paying dividends
At the turn of the century, Zimbabwe's economy was starting to decline. This was characterised by dwindling lines of credit, low investor confidence and negative marketing of the country by detractors...Published: 08 Jun 2018 at 10:57hrs | 1538 | by Elijah Chihota
Zimbabwe gets $1bn Chinese loan
Zimbabwe has concluded a $1.4bn agreement with the Export-Import Bank of China (Exim Bank) to expand power generation and help alleviate the country's perennial electricity shortages.According...Published: 02 Jun 2018 at 20:33hrs | 2213 | by Staff reporter
India pledges to finance Zimbabwe's energy infrastructure projects
INDIA has pledged its commitment to financing Zimbabwe's energy infrastructure rehabilitation projects, which will see the country accessing millions of dollars from the Asian partner for power genera...Published: 29 May 2018 at 07:10hrs | 175 | by Staff reporter
'Explain Mnangagwa's achievements'
Mat North Minister of State Ambassador Cain Mathema speaks during a Zanu-PF Mat North PCC meeting in LupanePresident Emmerson Mnangagwa has within a short period turned around the economic for...Published: 16 May 2018 at 15:47hrs | 6195 | by Staff reporter
Mnangagwa declares war on economic saboteurs
President Mnangagwa has declared war on economic saboteurs, lethargic public officers and arms of State, warning individuals and entities that continue to impede Government efforts to grow the economy...Published: 28 Apr 2018 at 14:17hrs | 419 | by Staff reporter
Forex shortages stunt Makomo Resources
FOREIGN Currency shortages are stunting Makomo Resources' growth plans to double its coal production in what could spur the coal mining company's footprint on the local market, businessdigest has lear...Published: 27 Apr 2018 at 10:05hrs | 1143 | by Staff Reporter
Mnangagwa's foreign jaunt fruitful?
WHEN President Mnangagwa ascended to the highest office in the land, he made it clear that he was a man on a mission. His mission is to rebrand the country.His mission is to lure foreign inves...Published: 08 Apr 2018 at 09:21hrs | 112 | by Staff reporter
Mnangagwa hits back at critics
PRESIDENT Mnangagwa said yesterday he would work tirelessly at home and abroad to end Zimbabwe's isolation as he responded to queries from quarters seeking to make political capital by criticising his...Published: 07 Apr 2018 at 10:33hrs | 2425 | by Staff Reporter
Mnangagwa expects China visit to spur economic growth
President Emmerson Mnangagwa has said his State visit to China has been very successful and has given momentum to Zimbabwe's thrust of rebuilding the economy .The State visit began on Monday a...Published: 05 Apr 2018 at 07:09hrs | 371 | by Staff reporter
State visit a huge success, says Mnangagwa
President Emmerson Mnangagwa has said his State visit to China has been very successful and has given momentum to Zimbabwe's thrust of rebuilding the economy.The State visit began on Monday an...Published: 05 Apr 2018 at 06:56hrs | 880 | by Staff reporter
Zimbabwe is indeed open for business
REPORTS that investment commitments notched by the Government in the past 100 days have exceeded $3,1 billion are an indication that contrary to negative sentiment about the performance of the new dis...Published: 16 Mar 2018 at 06:09hrs | 394 | by Mr George Charamba
Investment commitments to Zimbabwe surpass $3bn, claims spin doctor
INVESTMENT commitments notched by Government in the past 100 days have exceeded $3,1 billion and are firming up, a senior official has said.The Permanent Secretary in the Ministry of Informati...Published: 15 Mar 2018 at 05:57hrs | 218 | by Staff reporter
Zim closer to power self-sufficiency
THE country is edging closer towards electricity self-sufficiency after the country's power utility, Zimbabwe Electricity Transmission and Distribution Company (ZETDC), completed Kariba South extensio...Published: 04 Feb 2018 at 09:11hrs | 630 | by Staff reporter
Hwange Power Station output increases to 661MW
POWER generation at Hwange Thermal Power Station has increased to 661 megawatts (MW) following the completion of refurbishment works at one of its units which had been inactive for years, Energy minis...Published: 24 Jan 2018 at 05:23hrs | 215 | by Staff reporter
Zesa insolvent, expects increased loss
State power utility, Zesa Holdings says it is technically insolvent and could have run up accumulated losses of nearly $500 million by December 2017. Zesa has been making huge losses since 2012 and ha...Published: 23 Jan 2018 at 05:38hrs | 399 | by Staff reporter
Prioritise job creation, building schools, not new Parliament govt told
The government should not prioritise the construction of a new Parliament at a time the country has limited schools and high unemployment, says Bulawayo South MP David Coltart.The Chinese gove...Published: 12 Jan 2018 at 10:42hrs | 1223 | by Takudzwa Chiwara
Chinese envoy challenges Zim farmers to double agric production
Chinese Ambassador to Zimbabwe Mr Huang Ping has challenged the country's agricultural sector to double its production as there is a ready market in the giant Asian country.Ambassador Huang wa...Published: 27 Sep 2017 at 06:22hrs | 173 | by Staff reporter
'No more electricity cuts for Zimbabwe'
THE Government has assured the nation that the country will not be cut off by regional power suppliers after Zesa settled part of the debt it owed South Africa's Eskom and Mozambique's Hydro Cahora Ba...Published: 18 Jun 2017 at 10:31hrs | 1715 | by Staff reporter
Namibia wants more power from 'powerless' Zimbabwe
NAMIBIA is looking to increase its electricity imports from Zimbabwe after that country injected more capital for the repair and maintenance of Hwange Power Station.Zesa is exporting 8...Published: 27 Apr 2017 at 08:50hrs | 340 | by Staff reporter
Mugabe to throw state banquet for Namibian president
The 58th edition of the Zimbabwe International Trade Fair (ZITF) guest of honour, Namibian President Hage Geingob has arrived in Harare.He is due to officially open the exhibition ...Published: 26 Apr 2017 at 15:31hrs | 347 | by Staff Reporter
Ministers endorse corruption at Hwange Colliery Company
The Hwange Colliery leadership proposed scheme of arrangement of creditors has the apparent support of the ministry of mines and finance. This is viewed as a panacea to resolving the insolvency of the...Published: 22 Apr 2017 at 17:52hrs | 1109 | by Reginald Shoko
$1 billion Hwange power deal on track
The US$1 billion expansion of Hwange Thermal Power Station will begin this year, with ground-breaking scheduled for July.The project is part of the mega deals Zimbabwe and China signed...Published: 16 Apr 2017 at 17:23hrs | 190 | by Staff reporter
'There's a good story to tell'
Remarks by the Information, Media and Broadcasting Services Minister Dr Christopher Mushohwe to editors in Harare last week.***Let me take this opportunity to welcome you to this brief...Published: 26 Mar 2017 at 09:54hrs | 112 | by Dr Christopher Mushohwe
'Mugabe is super human'
Zanu-PF secretary for youth affairs Kudzai Chipanga courted controversy when he claimed President Robert Mugabe had stopped the rains so his birthday celebrations in Matobo could go on undisturbed...Published: 05 Mar 2017 at 09:04hrs | 858 | by Obey Manayiti
China committed to fund several projects, claims Mugabe
China has committed to fund the implementation of several projects here as relations between Harare and Beijing continue to flourish to greater heights, President Mugabe said last night.Th...Published: 28 Jan 2017 at 08:37hrs | 253 | by Staff reporter
4 Sadc countries including Zimbabwe plan power project
FOUR Sadc countries - Zimbabwe, Zambia, Botswana and Namibia are planning a $223 million power project expected to produce 600 megawatts to feed into the region.The project is code-named Z...Published: 20 Jan 2017 at 05:40hrs | 595 | by Staff reporter
Kariba Dam wall a ticking time bomb
KARIBA Dam has become a ticking time bomb that could cost lives and plunge the southern African region into darkness should the authorities fail to rehabilitate the dam wall of one of the largest ...Published: 09 Dec 2016 at 11:07hrs | 2619 | by Staff reporter
Zimbabwe struggles to meet China's bailout conditions
Zimbabwe has failed to meet conditions for access to a US$1,17 billion loan facility from the Export-Import Bank of China for the expansion of Hwange Power Station, the country's largest coal-fire...Published: 08 Dec 2016 at 07:22hrs | 726 | by Staff reporter
Robert Mugabe's SONA address - Fulltext
STATE OF THE NATION ADDRESS BY HIS EXCELLENCY THE PRESIDENT, COMRADE RG MUGABE, TUESDAY 6TH DECEMBER 2016.Madame Presi...Published: 07 Dec 2016 at 04:54hrs | 1496 | by Roberg G Mugabe
Mugabe's Dema power plant flawed
The $250 million Dema Diesel Power Plant, which was awarded to Robert Mugabe's family under unclear and controversial circumstances, is expensive and unsustainable for the Zimbabwe Electricity Sup...Published: 27 Sep 2016 at 17:00hrs | 920 | by Jacob Mafume
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