Search / Imports
Policy incentives to reindustrialization lacking
Zimbabwe aspires to create an upper middle income economy with a Gross Domestic Product (GDP) of US$65 billion by 2030. This vision is premised on the reindustrialization strategy where competitivenes...Published: 24 Nov 2021 at 10:35hrs | 277 | by Victor Bhoroma
US$28m in taxpayers' funds misappropriated in corrupt deal
THE Parliamentary Portfolio Committee on Lands has recommended that the police and Zimbabwe Anti-Corruption Commission investigate the Grain Millers' Association of Zimbabwe (GMAZ) and its president T...Published: 22 Nov 2021 at 06:16hrs | 888 | by Staff reporter
Zesa imports extra 480MW
Zesa Holdings is set to add 480 megawatts to its supply over the next two months to bridge the power deficit that has resulted in increased load-shedding at a time it is battling annual losses of $1,5...Published: 22 Nov 2021 at 05:51hrs | 61 | by Staff reporter
National Blankets halts production as tiff with Zimra escalates
TEXTILE giant National Blankets has temporarily stopped production after the manufacturing firm failed to settle a ZW$800 000 Zimbabwe Revenue Authority (ZIMRA) debt.The Bulawayo company...Published: 21 Nov 2021 at 08:51hrs | 1691 | by Staff Reporter
Zimdollar fuel facility availed
A US$15 million facility has been approved by Government to pay for imports of fuel that will be sold in local currency by service stations starting at the end of this month. The fuel will be ...Published: 19 Nov 2021 at 06:37hrs | 2405 | by Staff Reporter
Zesa scales down load-shedding
ZESA Holdings has scaled down its 12-hour load-shedding after it successfully restored operations at Hwange Thermal Power Station.Zesa Holdings' subsidiary, Zimbabwe Electricity Transmission a...Published: 16 Nov 2021 at 05:42hrs | 453 | by Staff reporter
Zimbabwe to import 400MW to bridge power deficit
STATE power utility, Zesa Holdings, intends to import up to 400 megawatts from Mozambique and Zambia as part of measures to end a debilitating power crisis, a senior executive said.This comes ...Published: 15 Nov 2021 at 05:20hrs | 232 | by Staff reporter
Muchechetere still a ZBC employee, says Supreme Court
FORMER Zimbabwe Broadcasting Corporation (ZBC) chief executive Happison Muchechetere remains an employee after the Supreme Court overturned his expulsion from the State broadcaster six years ago....Published: 13 Nov 2021 at 05:58hrs | 510 | by Staff reporter
MP calls for local industry support
NYANGA South legislator Supa Mandiwanzira (Zanu-PF) has urged government to support local industries to ensure job creation and grow the foreign currency revenue base.Mandiwanzira made the rem...Published: 13 Nov 2021 at 05:58hrs | 80 | by Staff reporter
R1,2m heist victim turns to madzibaba to nab robbers
THE arrest of a 32-year-old man suspected to be part of a gang that recently robbed a Beitbridge businessman of R1,2 million and US$3 500, reportedly came after the businessman allegedly consulted a l...Published: 12 Nov 2021 at 05:34hrs | 1250 | by Staff reporter
Zimbabwe, Mozambique push for one-stop border posts
Zimbabwe and Mozambique are pushing for the implementation of agreed projects including the setting up of a pair of one-stop border posts at Forbes-Machipanda and Nyamapanda-Cuchamano and the construc...Published: 11 Nov 2021 at 06:19hrs | 208 | by Staff reporter
Do we deserve these endless power cuts?
INCESSANT power cuts in Zimbabwe are an indictment on government for failing to stem the tide. Energy and Power Development minister Zhemu Soda and, indeed, Zesa Holdings executive chairman Sydney Gat...Published: 10 Nov 2021 at 05:36hrs | 1027 | by Staff reporter
Zimbabwean man gets R20 000 bail for smuggling
The trial of a 52 year-old Zimbabwean man who was recently arrested with R30 million worth of smuggled cigarettes in South Africa has been set for January 17 next year at the Polokwane Magistrate Cour...Published: 10 Nov 2021 at 05:32hrs | 206 | by Staff reporter
Smuggled cigarettes from Zimbabwe flood South Africa
SOUTH AFRICA's tax watchdog, the Tax Justice SA has lambasted authorities in the neighbouring country for failing to curb the smuggling of cigarettes and other counterfeit products, amid findings that...Published: 09 Nov 2021 at 17:23hrs | 507 | by Staff reporter
Beitbridge robbery suspect nabbed
BEITBRIDGE police have arrested 32-year-old Freeman Ndudzo, who is suspected to be part of a gang responsible for a series of armed robberies in the border town.Ndudzo, of Dulivhadzimo, was fo...Published: 08 Nov 2021 at 05:27hrs | 501 | by Staff reporter
Electricity imports cost Zimbabwe US$200 million
ZIMBABWE will spend about US$200 million for power imports this year to bridge a gap stemming out of depleted internal production, a government official has said.Gloria Magombo, the permanent ...Published: 07 Nov 2021 at 07:52hrs | 144 | by Staff reporter
Give to Caesar what belongs to Caesar
IT IS quite unfortunate that the land reform was politicised. Land resettlement was one of the main reasons for the liberation struggle. The idea was that everyone gets access to land, despite their r...Published: 05 Nov 2021 at 16:17hrs | 230 | by Kudakwashe Gwabanayi
Maximise on regional protocols to grow trade'
LOCAL businesses should capitalise on regional trading protocols to which Zimbabwe is a signatory to expand their export market and grow foreign currency earnings, ZimTrade chief executive officer, Mr...Published: 05 Nov 2021 at 06:40hrs | 20 | by Staff reporter
SA petrol to hit new record under Ramaphosa
South Africa's fuel prices are set to rise to a record today, adding to inflationary pressures in an economy that imports almost all of its fuel.The retail cost of 95-octane petrol will climb ...Published: 03 Nov 2021 at 05:18hrs | 469 | by Staff reporter
Man arrested for smuggling R30m cigarettes into SA
A 52-YEAR-OLD Zimbabwean man believed to be part of a well-orchestrated smuggling syndicate has been remanded in a South African prison following his arrest in possession of R30 million worth of smugg...Published: 02 Nov 2021 at 05:33hrs | 544 | by Staff reporter
2022 National Budget Expectations
Zimbabwe's national budget for 2021 is expected to be presented within the coming 30 days amid fears of a resurgence in high levels of inflation. The country's annual inflation dropped from 363% recor...Published: 01 Nov 2021 at 14:30hrs | 614 | by Victor Bhoroma
Bulawayo passport office renovations to start
RENOVATIONS of the Bulawayo Passport Enrolment Centre is set to commence on Wednesday (today) as the Government ups its efforts of boosting production of passports, national identification cards and b...Published: 31 Oct 2021 at 06:59hrs | 178 | by Staff reporter
Local bus assembly begins
A consortium of public transport operators, Amalgamated Bus Industries (ABI), has secured a US$35 million loan to revive two local bus manufacturing companies.This, raises expectations that th...Published: 31 Oct 2021 at 06:53hrs | 92 | by Staff reporter
Remove yoke of sanctions so Zimbabwe can breathe
ZIMBABWE tomorrow joins the Southern Africa Development community, the wider African continent and other progressive nations of the world in commemorating the Day of Solidarity Against Illegal Sanctio...Published: 24 Oct 2021 at 09:28hrs | 128 | by Staff reporter
Zimra sets up crisis management team at border
THE Zimbabwe Revenue Authority (Zimra) has said it is setting up a crisis management team to be on the ground around the clock at Beitbridge Border Post to ensure efficiency and avoid congestion and d...Published: 22 Oct 2021 at 06:29hrs | 499 | by Staff reporter
RBZ shuts down forex platform to stem currency decline
ZIMBABWEAN authorities shut down a popular black-market currency-tracking platform, the latest action to try and stop an accelerating decline in its currency.The central bank ordered marketwat...Published: 21 Oct 2021 at 06:22hrs | 4172 | by Staff reporter
'Zimbabwe fuel the most expensive in Sadc'
ZIMBABWE'S high fuel costs have been cited as fuelling inflation and price hikes in the country.A statement by the Zimbabwe Coalition on Debt and Development (Zimcodd) published yesterday has ...Published: 21 Oct 2021 at 06:20hrs | 903 | by Staff reporter
Chamisa's MDC needs to grow up if it wants to be electable
It is difficult to understand the MDC-A's continuous pressure to have the financial sanctions against Zimbabwe maintained, and what looks like a willingness to manufacture evidence of Government wrong...Published: 21 Oct 2021 at 06:19hrs | 468 | by Staff reporter
Zimra cracks whip at border
Trucks arriving at Beitbridge without the proper paperwork and without pre-clearing their cargoes, so taking up parking space and causing delays, are now being charged penalties, Zimbabwe's Border Eff...Published: 21 Oct 2021 at 06:18hrs | 537 | by Staff reporter
Zimbabwe Dry Port operating at 65% capacity
THE Zimbabwe Dry Port facility at Walvis Bay in Namibia is operating at between 65% and 70% of capacity due to lack of support from the local business community, the company's acting area manager Just...Published: 20 Oct 2021 at 07:39hrs | 352 | by Staff reporter
'Loadshedding to go in three months'
LOADSHEDDING being experienced in the country will be a thing of the past in three months' time as the Zimbabwe Electricity Supply Authority (Zesa) is employing a number of measures to ensure there is...Published: 19 Oct 2021 at 06:28hrs | 713 | by Staff writer
Sydney Gata slams Guvamatanga for stalling solar power plants
ZIMBABWE Electricity Supply Authority (ZESA) executive chairperson Sydney Gata has strongly castigated Finance Ministry secretary George Guvamatanga for refusing to guarantee Independent Power Produce...Published: 19 Oct 2021 at 06:26hrs | 527 | by Staff writer
CZI pushes for tax reviews
THE Confederation of Zimbabwe Industries (CZI) says government must review policy free thresholds upwards and increase civil service salaries in the upcoming 2022 national budget to boost consumer spe...Published: 17 Oct 2021 at 09:09hrs | 478 | by Staff reporter
Govt to clear 184 000 passports backlog by year end
THE Government has committed itself to clearing the passport backlog by December this year after the purchasing of consumables required in passport production.Government imports passport cover...Published: 17 Oct 2021 at 09:03hrs | 263 | by Staff reporter
Mureza to assemble Prim8 vehicle in Zimbabwe
MUREZA Automobile Company, a South Africa-based Zimbabwean auto mobile company, says it is now looking to localise production of its Mureza Prim8 vehicle that has been "successfully accepted" worldwid...Published: 17 Oct 2021 at 08:57hrs | 131 | by Staff reporter
Bulawayo City Council to pipe pre-paid gas to homes
BULAWAYO City Council (BCC) will now install pre-paid gas meters in new residential areas under a piped gas reticulation system, as the local authority seeks alternative revenue streams as demand for ...Published: 15 Oct 2021 at 20:21hrs | 1570 | by Staff reporter
Industry in fresh push for bailout
ZIMBABWE'S manufacturing sector has escalated its push for State-assisted bailout packages to stem a blazing crisis precipitated by the COVID–19 pandemic, a deteriorating foreign currency crisis and...Published: 15 Oct 2021 at 06:21hrs | 153 | by Staff reporter
Wage dispute threatens Hwange power station upgrades
A Chinese firm, SinoHydro Corporation, which is undertaking the refurbishment of Hwange Thermal Power Station is reportedly engaged in a wage dispute with its employees who accuse it of unfair labour ...Published: 14 Oct 2021 at 06:25hrs | 450 | by Staff reporter
Chloride expands outlets as imports fall
ZIMBABWE'S biggest battery maker, Chloride Zimbabwe, says outlets of its Exide Express, have increased by 330% in the past five years, as demand increases on the domestic market in response to import ...Published: 14 Oct 2021 at 06:24hrs | 216 | by Staff reporter
Zesa promises to improve electricity supply
Electricity supplies are set to improve soon as Zesa completes a cocktail of interventions to end the major load shedding that has hit residential areas hard and has even affected industrial areas alt...Published: 14 Oct 2021 at 06:22hrs | 149 | by Staff reporter
CZI warns of imminent Zimdollar collapse
THE Confederation of Zimbabwe Industries (CZI) has warned that the local currency faces imminent collapse and called on government to come up with alternative policy measures to restore confidence in ...Published: 13 Oct 2021 at 06:10hrs | 1077 | by Staff reporter
Plan to stabilise bread flour prices
The Grain Millers Association of Zimbabwe (GMAZ) is in talks with Government to stabilise the prices and supplies of bread flour until the end of the year.Speaking in Bindura, GMAZ national ch...Published: 13 Oct 2021 at 06:09hrs | 159 | by Staff reporter
'Tagwirei gift to Guvamatanga a bribe'
Treasury secretary George Guvamatanga's acceptance of lavish gifts from corruption-accused business tycoon Kudakwashe Tagwirei is legally questionable, lawyers have said.Guvamatanga spared no ...Published: 10 Oct 2021 at 20:32hrs | 2376 | by Staff reporter
Africa's future is being sold out even as we speak
Even if one disagrees with their policies, one must recognise that European policies towards Africa and Asia were guided and designed by deep thinkers in their societies.African leaders today ...Published: 10 Oct 2021 at 06:56hrs | 843 | by Kenneth Mufuka
Zera dismisses Zimdollar fuel hoax
THE Zimbabwe Energy Regulatory Authority (zera) has not designated any service station to sell fuel exclusively in Zimbabwe dollars, contrary to reports circulating on social media.In a statem...Published: 10 Oct 2021 at 06:36hrs | 493 | by Staff reporter
Noose tightened on Innscor and other retailers using black market rates
Retailers that continue to flout foreign currency regulations by setting prices in US dollars and then converting at the blackmarket rate will have their operating licences immediately suspended while...Published: 08 Oct 2021 at 06:26hrs | 413 | by Staff reporter
Eddie Cross says 'not unhappy' with black market foreign currency exchange
For a year, Eddie Cross sat on the Reserve Bank of Zimbabwe's Monetary Policy Committee, before he was fired for being too outspoken. In a recent interview with TechZim, he reveals why he is "...Published: 07 Oct 2021 at 18:21hrs | 1916 | by Staff reporter
PPC projects jump in volumes
REGIONAL cement producer, PPC Limited, is forecasting its local unit - PPC Zimbabwe's volume performance for the half year to September 30, 2021 to be ahead of prior year level on the back of strong r...Published: 07 Oct 2021 at 07:02hrs | 312 | by Staff reporter
Forex blackmarket: More arrests loom
More people illegally dealing in foreign currency will soon be arrested and more financial institutions charged as Government cracks the whip against those driving and manipulating the black market de...Published: 07 Oct 2021 at 07:01hrs | 711 | by Staff reporter
Taming inflation is an arduous task
The Zimbabwe National Statistics Agency (Zimstat) pointed that year on year (annual) inflation rate marginally increased to 51.55% in September 2021 from 50.24% in August 2021 after 8 months of straig...Published: 06 Oct 2021 at 09:13hrs | 430 | by Victor Bhoroma
Load More Stories
