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Beitbridge-Masvingo highway project begins
Work to widen and upgrade the Beitbridge-Masvingo highway has finally begun in Chivhu with graders and earthmoving equipment now busy carrying out detour works on the first 10 kilometer stretch....Published: 3 hrs ago | 1013 | by Staff reporter
Shiri explains CSC $130m deal
LANDS, Agriculture, Water, Climate and Rural Development Minister, Retired Air Marshal Perrance Shiri, yesterday opened up on the $130 million Cold Storage Company (CSC) joint venture recapitalisation...Published: 16 hrs ago | 681 | by Staff reporter
Mnangagwa govt told to dollarise now
Daily News writer Pauline Hurungudo interviews Steve Hanke, a professor of applied economics at The Johns Hopkins University and senior fellow at the Cato Institute.Over four decades, Hanke ha...Published: 19 Nov 2018 at 15:57hrs | 6808 | by Staff reporter
'Trade in forex, pay tax in forex'
The Zimbabwe Revenue Authority has directed businesses that are trading in multi-currencies to remit taxes in the same currency in which the goods have been sold. "Zimbabwe Revenue Authority h...Published: 19 Nov 2018 at 05:56hrs | 900 | by Staff reporter
Another goods train derails
A goods train has derailed in Matetsi area in Hwange with no injuries reported so far as investigations continue on the exact cause of the derailment.National Railways of Zimbabwe (NRZ) Spokes...Published: 18 Nov 2018 at 19:33hrs | 1807 | by Staff reporter
More than $5 billion required for Zimbabwe roads rehabilitation
THE Government requires more than $5 billion to rehabilitate the country's entire road network with more than $250 million having been availed to the department of roads as work on re-establishing tra...Published: 18 Nov 2018 at 08:14hrs | 484 | by Staff reporter
Diamonds output increases
THE Zimbabwe Consolidated Diamond Company has recorded a 54 percent jump in after Government extended US$80 million to recapitalise the company.ZCDC was created by Government under Special Gra...Published: 18 Nov 2018 at 07:32hrs | 146 | by Staff reporter
Mnangagwa's command Housing starts
GOVERNMENT has identified over 107 000 sites across Zimbabwe for construction of houses under the Command Housing programme.The scheme, which President Emmerson Mnangagwa is expected to offici...Published: 18 Nov 2018 at 07:31hrs | 316 | by Staff reporter
Mthuli Ncube sets privatisation timelines
FINANCE minister Mthuli Ncube has set timelines for the disposal and partial privatisation of a number of state-owned enterprises, as part of a raft of measures to revitalise Zimbabwe's fragile econom...Published: 16 Nov 2018 at 07:02hrs | 4403 | by Staff reporter
'I have Thatcher's iron lady resolve,' says ED - rigged election for iron grip on power, must prise free
"WHEN Margaret Thatcher was elected UK prime minister in 1979, she recognised that piecemeal change would not be sufficient to tackle the problems of labour unrest, rampant inflation and economic stag...Published: 14 Nov 2018 at 09:05hrs | 1372 | by Patrick Guramatunhu
Building value chains, skills for Vision 2030
Zimbabwe aspires to be an upper middle-income economy with a per capita income of US$3 500 by 2030. This requires fundamental transformations and shifts in the economy. Our Transitional Stabil...Published: 14 Nov 2018 at 05:35hrs | 208 | by Emerson D. Mnangagwa
WATCH: Mnangagwa approves 11 projects worth $5.3 billion
The Chief Secretary to the President and Cabinet circulated for the information of Cabinet a list of eleven projects which have been approved by His Excellency the President for immediate impleme...Published: 13 Nov 2018 at 16:21hrs | 3874 | by Staff reporter
The online casino boom in Africa
- The Facts and Figures - How is the market growing? - Phone Use Across Africa - Is this the new way to access online casino sites? - Legislation Across the Continent - Operato...Published: 13 Nov 2018 at 15:08hrs | 474 | by Staff Reporter
Zimbabwe's Namibian port project taking shape
STATE-OWNED logistics firm Road Motor Services (RMS) says its dry land port project at Walvis Bay in Namibia is now 70% complete, four years after work began on it.RMS, a subsidiary of the Nat...Published: 13 Nov 2018 at 06:00hrs | 554 | by Staff reporter
Mnangagwa's govt unveils parastatal reform strategy
Government has rolled out detailed plans for the restructuring of State-owned Enterprises (SOEs), with 41 entities lined-up for privatisation, departmentalisation and listing on the Zimbabwe Stock Exc...Published: 13 Nov 2018 at 05:42hrs | 685 | by Staff reporter
$4bn platinum project to start
KARO RESOURCES yesterday said it will kick off activities on its $4,2 billion platinum investment project in Mhondoro-Ngezi in the next few weeks by carrying out geophysics, and flying over the area a...Published: 13 Nov 2018 at 05:40hrs | 328 | by Staff reporter
Mthuli Ncube under fire
Finance minister Mthuli Ncube has come under heavy fire after signalling his intention to acquire vehicles for the country's lawmakers as well as paying the thirteenth cheque for government's 550 000 ...Published: 12 Nov 2018 at 05:57hrs | 5529 | by Staff reporter
'Children suffering more than incarcerated mothers'
CHILDREN accompanying their incarcerated mothers in the country's prisons are reportedly suffering more than the offenders because of the harsh prison conditions in the archaic buildings that were con...Published: 12 Nov 2018 at 05:43hrs | 239 | by Staff reporter
Mnangagwa urges NUST to expand
PRESIDENT Emmerson Mnangagwa has challenged institutions of higher learning to take advantage of Zimbabwe's abundant mineral resources such as the recently announced oil and gas deposits in Muzarabani...Published: 12 Nov 2018 at 05:34hrs | 520 | by Staff reporter
Chamisa says there is no agreement on national issues with Mnangagwa
MDC leader Nelson Chamisa believes that the country's economic situation will remain dire until a solution is found to the legitimacy question that he is currently pursuing. In this wide-rangi...Published: 11 Nov 2018 at 16:31hrs | 1454 | by Staff reporter
Economic Dialogue: Building value chains, skills for Vision 2030
Zimbabwe aspires to be an upper middle-income economy with a per capita income of US$3 500 by 2030.This requires fundamental transformations and shifts in the economy. Our Transitional Stabili...Published: 11 Nov 2018 at 09:29hrs | 65 | by HE Emmerson D Mnangagwa
Moves to hike school fees
THE Bulawayo City Council has written to the Government requesting to increase tuition fees and council levy at its schools arguing the current fees were not enough for the provision of adequate and q...Published: 11 Nov 2018 at 09:27hrs | 405 | by Staff reporter
SA scraps 54-year-old bilateral trade agreement with Zimbabwean
Fears of significant job losses in the textiles and clothing sector have arisen after Archer Clothing in Bulawayo laid off 200 workers following South Africa's decision to scrap a 54-year-old bilatera...Published: 11 Nov 2018 at 09:25hrs | 1795 | by Staff reporter
Solar energy plant not yet a boon for locals
MANAMA, Gwanda South - Three years ago, in 2015, when the 200-panel mini-grid solar energy power plant was established in this remote and hot rural community, 140km south of Gwanda town and about 20km...Published: 10 Nov 2018 at 11:17hrs | 662 | by Staff reporter
Hwange needs $50m for coke oven
HWANGE Colliery Mine needs around $50 million to fix the coke oven batteries which process coking coal that can be sold at $300 000 per tonne to make the company profitable, the colliery company schem...Published: 10 Nov 2018 at 11:14hrs | 221 | by Staff reporter
Tax rebate for job creators
GOVERNMENT is planning to introduce a tax rebate for companies that create additional jobs as part of broader fiscal policy measures aimed at stimulating the economy towards an upper middle-class stat...Published: 10 Nov 2018 at 10:32hrs | 239 | by Staf reporter
Who's who in Zimbabwe’s cutthroat fuel sector
SIX major oil-importing entities, including the Indigenous Petroleum Association of Zimbabwe (Ipaz), Zuva Petroleum, Puma Energy, Total Zimbabwe, Petrotrade (Pvt) Ltd and Engen Petroleum Zimbawe, are...Published: 09 Nov 2018 at 18:06hrs | 5919 | by Staff reporter
Bonus assurance for civil servants
THE Minister of Finance and Economic Development, Professor Mthuli Ncube, yesterday assured civil servants of a bonus incentive for 2018 whose finer details would be clarified in due course in line wi...Published: 09 Nov 2018 at 05:03hrs | 3328 | by Staff reporter
Zinara officials use personal bank accounts for business
The Zimbabwe National Road Administration (Zinara) and National Oil Infrastructure Company of Zimbabwe (NOIC) were using personal bank accounts for employees outside Harare to administer cash transact...Published: 09 Nov 2018 at 05:00hrs | 1116 | by Staff reporter
South Africa in a fix over blood electricity
South Africa has come under fire over the Grand Inga Dam, a mammoth hydroelectric project, on the Congo River in the western Democratic Republic of Congo (DRC).International Rivers, an NGO ded...Published: 08 Nov 2018 at 11:19hrs | 2475 | by Mandla Ndlovu
Race to save Africa's iconic dam
WHEN a 60-year-old dam that stands 128 metres tall, 716 metres long and holds 181 billion cubic meters of water needs repairs, it is never a small job and it comes with a huge budget: US$294 million. ...Published: 08 Nov 2018 at 10:15hrs | 3088 | by Staff reporter
IMF team arrives in Zimbabwe for consultations
An International Monetary Fund (IMF) team arrived in the country yesterday for the annual Article IV consultations - with discussions likely to focus on the country's monetary and fiscal policies, sta...Published: 08 Nov 2018 at 05:27hrs | 874 | by Staff reporter
One year after Zimbabwe soft coup
When Zimbabwe's army took power in a bloodless coup exactly one year ago, it promised to bring happiness back by ending social and economic suffering.The military said the coup was needed to "...Published: 07 Nov 2018 at 15:03hrs | 2204 | by Tendai Kamhungira
Neither a fly nor queen bee can land on Temba Mliswa's mouth
The attack of a defenseless prisoner Munyaradzi Kereke by Hon. Temba Mliswa for allegedly impregnating his wife (while in prison) is not only illegal/unethical but foolish/evil. Temba has proved himse...Published: 07 Nov 2018 at 07:07hrs | 3391 | by Don Chigumba
$1 million gas depot for Bulawayo
LP Gas firm, Matsa Energy, is in the process of setting up a $1 million depot in Bulawayo, a move which will increase supplies and create more job opportunities for locals.The gas depot will b...Published: 07 Nov 2018 at 06:55hrs | 860 | by Staff reporter
'Zimbabwe local authorities failing to cope with population explosion'
MOST local authorities are failing to keep pace with the population explosion in urban centres, hence their failure to provide adequate services such as water and sewer reticulation, Auditor- General ...Published: 07 Nov 2018 at 06:28hrs | 341 | by Staff reporter
Let's make Zimbabwe great again
There is a general expectation of rapid economic growth in Zimbabwe, driven by massive infrastructural growth, given the new political dispensation.However, there is an adversary at work, the ...Published: 07 Nov 2018 at 06:22hrs | 618 | by Tororiro Isaac Chaza
Mnangagwa puts Mutsvangwa to the sword
Deputy Chief Secretary to the President and Cabinet responsible for presidential communications George Charamba (GC) says President Emmerson Mnangagwa's former special advisor, Chris Mutsvangwa, shoul...Published: 06 Nov 2018 at 18:38hrs | 15743 | by Staff reporter
Winky D gets Chamisa's recognition
Dancehall star Winky D has received the recognition of opposition MDC president Nelson Chamisa who described him as great talent.Winky D in his latest release Paper Bag made reference to spagh...Published: 06 Nov 2018 at 11:41hrs | 5160 | by Staff reporter
Tax evaders give Zimra headaches
Organised criminal networks, smuggling syndicates and gold cartels are costing government millions of dollars and complicating Zimbabwe Revenue Authority (Zimra)'s revenue collection efforts.T...Published: 06 Nov 2018 at 11:40hrs | 607 | by Staff reporter
Buyanga seeks approval to supply basic commodities
The African Medallion Group owned by South Africa based Zimbabwean businessman, Frank Buyanga, has written to Government requesting to assist with the procurement and delivery of fuels, pharmaceutical...Published: 06 Nov 2018 at 07:04hrs | 3666 | by Staff reporter
Zimbabwe as a new gateway into Africa
ON Friday afternoon of 2 November 2018, I visited Surface Wilmar based in Chitungwiza, Harare. The company is owned by one of the largest companies in the world in the production of edible oils, based...Published: 05 Nov 2018 at 14:36hrs | 1644 | by Minister of Finance Prof Mthuli Ncube
Zimbabwe to supply water to South Africa
The Zimbabwean government has been drawn into the development of the Makhado-Musina Special Economic Zone (SEZ) in Limpopo to supply water to the now controversial multi-billion rand project.A...Published: 05 Nov 2018 at 06:20hrs | 4583 | by Staff reporter
Zimbabwe as a new gateway into Africa
ON Friday afternoon of 2 November 2018, I visited Surface Wilmar based in Chitungwiza, Harare. The company is owned by one of the largest companies in the world in the production of edible oils, based...Published: 05 Nov 2018 at 05:21hrs | 496 | by Hon. Prof Mthuli Ncube
Makorokozas wreak havoc, vandalise water and sewer pipes
Machete wielding gold panners have become a cause for concern in the City of Kwekwe were they are vandalising water and sewer pipes using the water to clean their gold ore leaving the residents of Kwe...Published: 04 Nov 2018 at 16:11hrs | 2005 | by Staff Reporter
'Magaya is seeking attention' says Minister
Deputy Minister of Transport and Infrastructure Development has sensationally claimed that Prophet Walter Magayas HIV and cance cure is nothing but an attention seeking gimmick meant to market his PHD...Published: 04 Nov 2018 at 09:00hrs | 959 | by Mandla Ndlovu
Invictus Energy still to explore Zimbabwe oil deposits
AUSTRALIA-based oil and gas exploration company Invictus Energy Limited (IEL) will tomorrow release initial estimates of how much oil or gas deposits there could be in Muzarabani, Mashonaland Central ...Published: 04 Nov 2018 at 08:56hrs | 451 | by Staff reporter
The ball is now in Mnangagwa's court
The banking sector - which plays a vital role in financial intermediation as well as other critical functions which collectively are the lifeblood of the economy - should be commended for presenting a...Published: 03 Nov 2018 at 12:57hrs | 2054 | by Editorial - The Independent
Harare council to terminate solar lighting contracts
Under performing companies that were awarded contracts to install solar lights in the capital city risk having these terminated by the Harare City Council (HCC).A few years back, five companie...Published: 03 Nov 2018 at 10:12hrs | 1332 | by Staff reporter
War vets confront Zanu PF over price hikes
FORMER freedom fighters and war collaborators in Mutoko have confronted Zanu PF Mashonaland East provincial leadership over price hikes, demanding that government urgently addresses the issue....Published: 03 Nov 2018 at 08:55hrs | 1337 | by Staff reporter
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