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Mnangagwa govt to borrow US$1,4bn
GOVERNMENT has announced a plan to borrow ZW$146,8 billion (about US$1,4 billion) in 2022 to fund various infrastructure development projects.This debt would add to the existing stock of US$13...Published: 3 hrs ago | 236 | by Staff Rporter
'No individual can be bigger than Zimbabwe' Kasukuwere readily admits, now - 'Terror the human form divine' W Blake foretold
Anyone who read the latest remarks from Zanu PF former Cabinet Minister Saviour Kasukuwere must have laughed their head off. What is the idiot wittering about, they must have asked themselves!...Published: 13 hrs ago | 1169 | by Nomusa Garikai
'Zimbabwe is open for business mantra has done more harm than good'
PRESIDENT Emmerson Mnangagwa's "Zimbabwe is open for business" mantra has placed the whole country "under siege" with women in mining communities the worst affected, rights activists have said....Published: 14 hrs ago | 924 | by Staff Reporter
The emergence of online betting apps is a boon to the gaming industry!
Online sports betting has become very popular amongst youngsters in today’s virtual world. Almost every human on this planet now has access to a smartphone or a tablet, which makes it quite easier f...Published: 25 Nov 2021 at 15:05hrs | 191 | by Staff Reporter
2022 budget should up Matabeleland momentum
FINANCE and Economic Development Minister, Professor Mthuli Ncube is set to present the 2022 National Budget Statement today amid high expectations that more resources will be allocated to expedite co...Published: 25 Nov 2021 at 07:00hrs | 1094 | by Staff Reporter
Women capacity building programme launched at Whawha prison
FEMALE Zimbabwe Prisons and Correctional Services (ZPCS) officers have been challenged to take advantage of the government's empowerment initiatives to eradicate poverty.The Young Women for Ec...Published: 24 Nov 2021 at 16:22hrs | 427 | by Staff Reporter
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 | 237 | by Victor Bhoroma
Work on 150MW coal project starts
Work has started on the 150MW first phase of a coal-fuelled private power station in Hwange to eventually generate an additional 750MW of power to the national grid.The privately-funded power ...Published: 23 Nov 2021 at 05:52hrs | 200 | by Staff reporter
Second Republic marred by litany of unfulfilled pledges
WHEN President Emmerson Mnangagwa got into power in 2017, a lot of promises were made, creating the impression that Zanu-PF was ready to give Zimbabweans a fresh start.Four years later, it see...Published: 22 Nov 2021 at 06:16hrs | 230 | by Staff reporter
Zimpapers editors directed to 'support Zanu-PF'
The chairman of the Zimbabwe Newspapers Group (Zimpapers) has told editors to openly declare support for Zanu-PF before elections, claiming: "It happens everywhere."Tommy Sithole told editors ...Published: 22 Nov 2021 at 06:15hrs | 396 | by Staff reporter
Zimbabwe scores big at SA trade fair
Zimbabwe scored a huge success at the just ended Intra Africa Trade Fair (IATF) held in Durban, South Africa as the country was able to showcase its endowments to regional markets and beyond.T...Published: 22 Nov 2021 at 05:51hrs | 68 | by Staff reporter
BCC to turn cemetery into solar farm
THE Bulawayo City Council is working on establishing solar farms within their water pumping stations which will help solve the problem of power outages which have forced the local authority to introdu...Published: 21 Nov 2021 at 09:10hrs | 1345 | by Staff Reporter
Zimbabwe a destination of choice in investments, says Mnangagwa
ZIMBABWE is a destination of choice in terms of investments with the country going up the ladder in the list of destinations with sound ease of doing business policies that will propel it to become an...Published: 21 Nov 2021 at 08:22hrs | 248 | by Staff Reporter
Zimbabwe angles for US$2,5t African market
Zimbabwe representatives from both the private and public sector took full advantage of the Intra-African Trade Fair (IATF) that ended here today to showcase what the country has to offer, as the Afri...Published: 21 Nov 2021 at 08:15hrs | 140 | by Staff Reporter
Zimbabwe, South Africa commit to improved trade ties
ZIMBABWE and South Africa are committed to improving trade and investor relations in order to boost bi-lateral trade and cooperation between the two economies. Nomalungelo Gina, the South Afri...Published: 19 Nov 2021 at 06:54hrs | 857 | by Staff Reporter
Zesa switches off Ziscosteel
ZESA has disconnected power supply from the defunct giant steel manufacturer, Ziscosteel, over a ZW$40 million debt.Zisco group chief executive officer, Dr Farai Karonga, confirmed the develop...Published: 16 Nov 2021 at 05:41hrs | 348 | by Staff reporter
Ramaphosa's ministers to sell Eskom coal plants
Key South African government ministers have reached a broad agreement to sell some of the power utility's coal-fired power plants to help reduce its debt burden, Finance Minister Enoch Godongwana said...Published: 15 Nov 2021 at 05:23hrs | 636 | by Staff reporter
Mnangagwa set for Intra African Trade Fair
PRESIDENT Mnangagwa is today expected to join other African Heads of State in Durban, South Africa at the opening session of the Intra African Trade Fair (IATF 2021), which seeks to boost the volume o...Published: 15 Nov 2021 at 05:20hrs | 80 | by Staff reporter
Zimbabwe's rural communities resist opaque Chinese projects
ZIMBABWE is witnessing growing conflicts between Chinese mining companies and indigenous communities who are being evicted from their ancestral lands without compensation to pave way for mining operat...Published: 14 Nov 2021 at 05:41hrs | 752 | by Staff reporter
MultiChoice keeps losing DStv Premium subscribers
As MultiChoice's DStv Premium and DStv Compact Plus subscribers keep declining due to MultiChoice's shift in focus to offer a bigger value proposition to mass-market customers on lower-tiered DStv bou...Published: 13 Nov 2021 at 19:53hrs | 1746 | by Staff reporter
Bankers plan to establish a new financial behemoth
ON 3 September 2021, The NewsHawks exclusively published a story that government, bankers and investors, including local business tycoon Kudakwashe Tagwirei, are working on a plan to create the bigges...Published: 13 Nov 2021 at 17:45hrs | 468 | 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
ZNCC backs call for power tariff hike
THE Zimbabwe National Chamber of Commerce (ZNCC) yesterday said government should grant troubled power producer, Zesa Holdings, authority to hike power tariffs and give impetus to its recapitalisation...Published: 11 Nov 2021 at 06:21hrs | 458 | 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
Zimbabwe will not adopt cryptocurrency'
The Government has denied reports that it was contemplating adopting cryptocurrency as a legal tender saying the Zimbabwe dollar will remain the only local currency.Cryptocurrency, such as Bit...Published: 10 Nov 2021 at 05:30hrs | 395 | by Staff reporter
Chiyangwa loses US$300 000 building materials to robbers
MORE than 20 armed robbers raided the construction site of businessman Dr Philip Chiyangwa's multi-million dollar property development of Kirkman Mall in Westlea, Harare, early yesterday morning and g...Published: 08 Nov 2021 at 05:23hrs | 431 | by Staff reporter
Most expensive Jordan items now worth close to $5M after record sale
For many NBA fans, Michael Jordan remains the Greatest of All Time nearly 3 decades after his first retirement. This is despite the emergence of elite talents such as Kobe Bryant, Lebron James and Kev...Published: 07 Nov 2021 at 18:08hrs | 1012 | by Staff Writer
'Zimbabwe will be a net power exporter'
ZIMBABWE has commenced several programmes to improve power generation and plug a crippling electricity deficit.The projects are at various stages of completion.Our business reporter, F...Published: 07 Nov 2021 at 07:53hrs | 367 | 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
Chinese will cost Zanu-PF votes
The history of Zimbabwean elections would never be complete without a loud enough reference to one big patch on our map. This place they call Uzumba-Maramba-Pfungwe (UMP) in Mashonaland East province....Published: 07 Nov 2021 at 07:52hrs | 335 | by Tawanda Majoni
Mnangagwa told in Scotland to let markets self regulate
PRESIDENT Emmerson Mnangagwa was last week told by delegates attending the Zimbabwe Investment Conference (ZIC) to stop interfering with how the market operated as this would give strength to the Zimb...Published: 06 Nov 2021 at 18:12hrs | 1994 | by Staff reporter
Mnangagwa's Glasgow trip a missed opportunity
PRESIDENT Emmerson Mnangagwa's visit to Glasgow, Scotland, was a missed opportunity for Zimbabwe to meaningfully engage world leaders on climate matters, but instead he reduced the all-important summi...Published: 06 Nov 2021 at 17:58hrs | 1134 | by Staff reporter
Zimbabwe's annual inflation seen at 65% by year-end
ZIMBABWE'S annual inflation will likely end the year between 55% and 65% against a government forecast of 53%, due to volatility of the parallel market exchange rate, researchers at Inter Horizon (IH)...Published: 05 Nov 2021 at 06:45hrs | 223 | by Staff reporter
'Panicky Zanu-PF deploy riot Police' - no reforms means no economic recovery, civil unrest is inevitable
"Emmerson Mnangagwa's panicky administration has deployed hundreds of police officers, many in riot gear, in Harare amid fears of an imminent uprising, it has emerged," reported Zimeye."Securi...Published: 04 Nov 2021 at 06:16hrs | 369 | by Patrick Guramatunhu
Mnangagwa's son partners Chinese in mining project
PRESIDENT Emmerson Mnangagwa's son Collins has partnered with Chinese Investors to pursue a gold mining project in Mutoko.Radnor Mine, which sits on some of the country's best goldfields in th...Published: 03 Nov 2021 at 05:25hrs | 1945 | by Staff reporter
EU ready to work with Mnangagwa?
The European Council, which includes all European Union Heads of Government that sets the EU agenda, is ready to work with Zimbabwe, including in the fight against climate change, Council President Ch...Published: 02 Nov 2021 at 05:33hrs | 1005 | by Staff reporter
ZSE gains US$287bn
THE Zimbabwe Stock Exchange (ZSE) gained $286,760 billion in value during the third quarter of this year due to inflation hedging activities and increased retail investors participation, a report by O...Published: 01 Nov 2021 at 07:29hrs | 540 | by Staff reporter
Mnangagwa to wow business tycoons in UK
PRESIDENT Emmerson Mnangagwa will this week host potential business investors in Glasgow, Scotland in a bid to unlock foreign direct investment (FDI) for Zimbabwe.An invitation sent out to del...Published: 01 Nov 2021 at 07:28hrs | 664 | by Staff reporter
Mnangagwa drools over COP26
WHILE President Emmerson Mnangagwa is relishing his forthcoming visit to the United Kingdom for COP26 - the 26th United Nations Climate Change Conference - the Zimbabwean leader will soon fly into Gla...Published: 31 Oct 2021 at 08:44hrs | 1736 | by Staff reporter
Zimbabwe the new Cold War front
ON February 5, 2018 United States President Donald Trump wrote to the US Congress that he was extending sanctions on Zimbabwe by another year. This year President Joe Biden did the same.The gi...Published: 31 Oct 2021 at 08:28hrs | 446 | by Nevanji Madanhire
Mnangagwa's anti-sanctions charade finds few takers
PRESIDENT Emmerson Mnangagwa's anti-sanctions charade, including rallies and marches devoid of concrete political reforms, is senseless escapism from what the government ought to do to convince the We...Published: 30 Oct 2021 at 15:05hrs | 470 | by Staff reporter
Zimplats, Mines Ministry sign MOU
The Ministry of Mines and Mining Development and the country's largest platinum miner, Zimbabwe Platinum Holdings (Zimplats), have signed a memorandum of understanding that will see the mining giant i...Published: 29 Oct 2021 at 07:56hrs | 470 | by Staff Reporter
7 investors take SecZim to High Court
SEVEN investors have filed an urgent chamber application at the High Court for stay of implementation of the Securities and Exchange Commission (SecZim) directive on migration of registers of shares b...Published: 28 Oct 2021 at 19:09hrs | 1092 | by Staff Reporter
Zimbabwe sanctions frustrating investors
THE Bulawayo Zanu-PF youth league yesterday claimed that sanctions imposed on Zimbabwe by the West were frustrating investors.Party youths marched from the city centre to Zimbabwe Internationa...Published: 26 Oct 2021 at 06:42hrs | 620 | by Staff reporter
'Zisco requires US$360m for resuscitation'
INDUSTRY and Commerce deputy minister Raheshkumar (Raji) Modi on Sunday said the defunct Zimbabwe Iron and Steel Company (Zisco) requires US$360 million for its resuscitation.Ziscosteel was on...Published: 26 Oct 2021 at 06:42hrs | 1020 | by Staff reporter
Of sanctions and misgovernance
Am writing this piece after 1 year since I wrote on sanctions and with this small piece I think I will manage to clarify the position on sanctions, however, democracy dictates that one is free to agre...Published: 25 Oct 2021 at 20:48hrs | 590 | by Kumbirai Stein Chivhuna
'US shifting goalposts on re-engagement'
Home Affairs deputy minister David Musabayana has alleged that the United States (US) was changing goalposts to stall government's re-engagement efforts.Musabayana said this in the Senate last...Published: 25 Oct 2021 at 06:25hrs | 1706 | by Staff reporter
Mnangagwa reopens Eureka Mine
President Emmerson Mnangagwa yesterday officially reopened Eureka Mine, Guruve's biggest gold mine, disclosing that an investor, Dallaglio Investment, had poured in US$60 million to capitalise the min...Published: 22 Oct 2021 at 06:31hrs | 551 | by Staff reporter
Denying that there sanctions against Zimbabwe now a discredited position
All is primed for the observation of the Anti-Sanctions Solidarity Day which was declared by Southern African Development Community (SADC) leaders to take place every 25 October.The day this y...Published: 22 Oct 2021 at 06:26hrs | 257 | by Lovemore Chikova
Mnangagwa claims that door are always open for investors
ZIMBABWE should be the destination of choice for investors as the Second Republic is committed to dialogue with the business community to improve the ease of doing business for a win-win situation for...Published: 22 Oct 2021 at 06:26hrs | 63 | by Staff reporter
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