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9 power stations planned for Zimbabwe
Zimbabwe's energy sector is poised for a significant transformation next year, as nine new public and private power projects are expected to add 2,690 megawatts (MW) to the national grid. This increas...Published: 29 Oct 2024 at 07:32hrs | 597 | by Staff reporter
Is Zimbabwe headed for another coup?
This season we are living in, it's not a time for a hairdo. People are perching on the edge of the cliff. There is a loud whisper drifting around, almost like a wish among many. These chaps wi...Published: 01 Sep 2024 at 10:25hrs | 2452 | by Tawanda Majoni
Zimbabwe military gets permit to export raw lithium
EMBATTLED state arms manufacturer, the Zimbabwe Defence Industries (ZDI) has been controversially granted a special permit to export raw lithium by the government, a decision expected to inject life i...Published: 14 Jan 2023 at 16:28hrs | 4 | by Staff reporter
Kazembe, Matanga taken to court
POLICE Commissioner-General Godwin Matanga and Home Affairs minister Kazembe Kazembe have been sued over their arbitrary ban on a demonstration against the looting of diamonds in Marange and failure b...Published: 01 Dec 2022 at 05:09hrs | 1 | by Staff reporter
Illegal diamond dealer robbed of US$10,000
ARMED robbers raided an illegal diamond buyer at Marange diamond fields last Friday and robbed him of US$10 000 and a vehicle at gunpoint after dangling pieces of diamonds to the unsuspecting diamond ...Published: 22 Nov 2022 at 04:54hrs | 1 | by Staff reporter
Colonialism belongs to old time Britain
ASSERTIONS by one Tendai Ruben Mbofana (Zim leaders eagerly defending Chinese colonialism! NewsDay May 25, 2022) that China has colonised Zimbabwe cannot go unchallenged.The contents of the so...Published: 01 Jun 2022 at 06:35hrs | | by Christopher Mahove
Naysayers will be buried in own ignorance
For Bishop Lazi and his ilk, today - Palm Sunday - marks the beginning of Holy Week.It is a sacred period that commemorates Jesus Christ's ‘triumphal entry' into Jerusalem for the Passover w...Published: 10 Apr 2022 at 08:08hrs | 1 | by Bishop Lazi
Zimbabwe's huge coal reserves might soon be redundant
TOP executives at Zimbabwe's power utility Zesa Holdings Limited and policymakers are deeply worried about the future of coal-fired electricity projects in the country following China's recent move to...Published: 23 Oct 2021 at 23:52hrs | | by Staff reporter
Zimra executives in US$585m tax evasion corruption scam
CORRUPTION skeletons involving a series of multi-billion-dollar tax evasion scandals are tumbling out of the Zimbabwe Revenue Authority (Zimra) cupboard amid a new corruption scam involving Chinese di...Published: 20 Jul 2021 at 11:17hrs | | by Staff reporter
ZCDC faces collapse
THE future of the state-owned diamond miner, Zimbabwe Consolidated Dia-mond Company (ZCDC), looks bleak, owing to loss of concessions and govern-ment interference, among other factors, investigations ...Published: 19 Mar 2021 at 09:36hrs | | by Staff reporter
Army-linked Anjin grabs richest diamond claim
AN army-linked miner, Anjin Investments (Pvt) Ltd, grabbed the most lucrative diamond claim in Marange from a firm owned by the government after being relicensed under unclear circumstances, it has em...Published: 15 Jan 2021 at 07:47hrs | | by Kenneth Matimaire
Brick by brick, Vision 2030 is realisable
The achievements scored so far by President Emerson Mnangagwa's New Dispensation have raised a ray of hope that Vision 2030 is indeed possible, more so if unity of purpose prevails in the country....Published: 02 Nov 2020 at 10:10hrs | 1 | by Grace Chekai
The political economy of corruption
As a cancer inherent in varying degrees of intensity across the globe, corruption is an integral part of the political economy of world capitalism.So, the capitals of the western world lie at ...Published: 25 Oct 2020 at 08:24hrs | 1 | by Ibbo Mandaza
Prioritise locals over Chinese contractors for the benefit of Zim economy
Kenyan law professor Patrick Lumumba gets animated when he talks about China's rising influence on the African continent where governments get blinded by their fraternal ties with the Communist Party ...Published: 30 Sep 2020 at 10:51hrs | 7 | by Anthony Matutu
Chinese firm eyes 5-star hotel
ANHUI Foreign Economic Construction Group Co Ltd (Afecc) is looking to invest in a five-star hotel in Zimbabwe, but that would depend on whether they will get back their money.The group has in...Published: 30 Aug 2019 at 08:18hrs | | by Staff reporter
Zimbabwean students fall prey to scammers
What began as a dream to hone their skills and knowledge in international capitals of the world such as Beijing has turned out to be a living nightmare for many Zimbabwean students.Duped out o...Published: 30 Dec 2018 at 09:35hrs | 7 | by Fatima Bulla
Chinese deals, raw or fair for the Zimbabwean economy?
Given the recent developments in Zimbabwe and the African continent, it is worthy assessing how Chinese investments can affect the local economy going forward. Critical for Zimbabwe is how the country...Published: 17 Oct 2018 at 21:41hrs | 1 | by Victor Bhoroma
Zimbabwe resumes diamond auction
Zimbabwe resumed diamond auction last week, but attracted fewer international buyers than expected, the Minerals and Marketing Corporation of Zimbabwe said. The auction - the third to be condu...Published: 10 Sep 2018 at 06:29hrs | | by Staff reporter
WikiLeaks: 25 most corrupt ministers and public figures in Zimbabwe
These individuals will never be prosecuted by the Mnangagwa government because he is involved with entirely all of them. Either they were in the deal together or they know too much of his own dirty de...Published: 03 Jun 2018 at 11:06hrs | 26 | by WikiLeaks
Mugabe could spill diamond beans
ZIMBABWE'S intelligence services bosses fear parliament's bid to summon former president Robert Mugabe to provide oral evidence on the supposed missing US$15 billion diamond revenues could open a Pand...Published: 01 Jun 2018 at 16:38hrs | 6 | by Staff reporter
Deceit, greed devour Zimbabwe diamonds
The testimonies from bigwigs and stakeholders involved in exploiting diamonds in Chiadzwa given before Parliament last week painted a picture of intrigue and corporate sleaze that could have potential...Published: 16 Apr 2018 at 08:56hrs | | by Staff reporter
Chinese firms seek clearance on externalisation
Chinese nationals, retail and mining companies accused of being part to the externalisation of more than $1,3 billion have approached the Reserve Bank of Zimbabwe to be cleared citing a number of irre...Published: 28 Mar 2018 at 07:09hrs | | by Staff reporter
Companies dismiss externalisation claims
SOME companies making the top 10 list of firms and individuals accused by President Emmerson Mnangagwa of externalising US$1,3 billion have dismissed the allegations, while others say government publi...Published: 24 Mar 2018 at 19:44hrs | | by Staff reporter
Externalisation: Mnangagwa gropes in the dark
GOVERNMENT will find it difficult to prosecute corporates and individuals it accuses of illegal externalisation of money as questions arise over the legal framework and the prosecutability of the offe...Published: 23 Mar 2018 at 12:25hrs | | by Staff reporter
Big companies turned down Mnangagwa amnesty
The Zimbabwean government accused auditing firm Ernst and Young, Unilever South East Africa and Boc Gases Zimbabwe of externalising $35000 (R418070), $315000 and $55000 respectively.The compan...Published: 22 Mar 2018 at 09:20hrs | | by Business Report
Mnangagwa's name-and-shame gimmick falls short of expectations
President Emmerson Mnangagwa's government yesterday released the long-awaited list of companies and individuals alleged to have failed to return $827 million stashed abroad following the expiry of a 1...Published: 20 Mar 2018 at 12:55hrs | | by Staff reporter
Mnangagwa threatens to prosecute forex culprits
President Emmerson Mnangagwa on Monday named hundreds of mines, Chinese businesses and individuals who had illegally transferred foreign currency abroad during Robert Mugabe's rule and warned they wou...Published: 19 Mar 2018 at 15:10hrs | | by AFP
Jinan diamond saga mystery - rewind
MYSTERY surrounds the investigation into a case in which Jinan Diamond Mining Company allegedly externalised US$585 million, amid revelations the National Prosecuting Authority (NPA) has no docket of ...Published: 19 Mar 2018 at 14:58hrs | | by Staff reporter
'Chiadzwa diamond field killings are state-sponsored'
Civic society groups in Zimbabwe claim that state-sponsored violence is taking place at the Chiadzwa diamond fields as the government attempts to keep illegal dealers and panners at bay.The Ce...Published: 01 Mar 2018 at 16:03hrs | 8 | by TimesLive
'Officials looted Chiadzwa diamonds'
Zimbabwe is yet to extract diamonds worth US$15 billion from Chiadzwa, putting paid to claims that gems worth that much were looted from there, the Zimbabwe Anti-Corruption Commission has said....Published: 11 Feb 2018 at 07:37hrs | | by Staff reporter
Diamond looters rubbishes $15bn Zimbabwe diamond theft reports
Claims by former president Robert Mugabe that the country lost $15 billion worth of diamond revenue were divorced from the actual facts on the ground, Finance minister Patrick Chinamasa told the Natio...Published: 23 Jan 2018 at 08:54hrs | 2 | by Staff reporter
Over $3 billion externalised, excluding the $15 billion
Zimbabwe's foreign currency shortages are worsening over massive capital flight amid indications corporates and business tycoons have externalised $3 billion between 2015 and June 2017 mainly to Mauri...Published: 01 Dec 2017 at 05:05hrs | | by Staff reporter
Diamond panners rob cop of AK47 rifle
THREE illegal diamond panners in Chiadzwa have been arrested on charges of robbing a Zimbabwe Republic Police Support Unit officer manning Marange diamond fields of his AK47 rifle with 30 rounds of am...Published: 27 Sep 2017 at 06:35hrs | | by Staff reporter
How Zimbabwe squandered its diamond riches
Just a year before its citizens couldn't find basic food items in their stores in 2007 and were literally starving, Zimbabwe made the largest diamond find in recent history. The Marange fields were so...Published: 17 Sep 2017 at 10:12hrs | | by Shannon Ebrahim
Daring rustlers resale cattle in Mozambique
Cattle rustling is on the rise here, with daring thieves driving stolen beasts for sell, tens of kilometres across the border into neighbouring Mozambique.The cattle rustlers are also selling ...Published: 03 Aug 2017 at 17:01hrs | | by Staff reporter
Rogue war vets must get their comeuppance, Cdes
Dear Cabinet and Politburo membersCOMRADES, as a democrat that I have always been all my life, I have never really wanted to muzzle dissent in any form, just for the sake of stifling it, becau...Published: 03 Aug 2017 at 12:51hrs | | by CZ
Man exhumes over 2 000 graves from Mugabe's diamond fields
UPFUMI Hwepasi Kuvatema leader Mathew Mundondo, the man involved in the exhumation of human remains from diamond mining sites in Chiadzwa and Marange since 2009, has aptly described his job as "not or...Published: 24 Jul 2017 at 07:10hrs | | by Staff reporter
Chiadzwa diamond fields production up 70.8%
Zimbabwe's haul from the Chiadzwa diamond fields rose 70,8 percent to 1,1 million carats in the first six months of the year, up from 644 000 in the first half of 2016.Production levels now to...Published: 16 Jul 2017 at 13:02hrs | | by Staff reporter
Chinese mining company builds $7m Grace Mugabe school
EVEN though President Robert Mugabe accuses the Chinese of looting US$15 billion in diamond proceeds, we can exclusively reveal that his wife received US$7 million from one of the Chinese mining compa...Published: 30 Jun 2017 at 08:53hrs | | by Staff reporter
Mugabe lashes out at Chinese for using him
PRESIDENT Robert Mugabe has lashed out at his "all-weather friends" - the Chinese - for allegedly using him to hoodwink the people of Manicaland province into believing they would benefit from proceed...Published: 19 Jun 2017 at 07:26hrs | | by Staff reporter
Minister lies at KP
Mines minister Walter Chidakwa has been caught in the eye of a storm after he lied that all the legal issues surrounding government's takeover of the Chiadzwa diamond fields have been completed....Published: 04 May 2017 at 08:12hrs | | by Staff reporter
Closure of diamond firms triggered cash shortages
The closure of diamond mining companies early last year has been cited as one of the reasons for the current cash shortages, investigations by the Daily News have revealed.Confidential...Published: 15 Apr 2017 at 14:56hrs | | by Staff reporter
New diamond 'find' in Mutare
Thousands of families could be relocated from Penhalonga, just outside Mutare, amid claims that rich diamond deposits have been discovered in the area - although the government is dampening expectatio...Published: 03 Apr 2017 at 07:54hrs | | by Staff reporter
Chinese trucks are blocked at border post
BUSINESS at Forbes Border Post in Mutare nearly came to a standstill when at least 15 trucks loaded with equipment from a Chinese diamond mining company in Chiadzwa were blocked from entering Moza...Published: 03 Apr 2017 at 07:42hrs | | by Staff reporter
Ambush at Lesoma, 35 BDF soldiers, 3 Zipra combatants ambushed
In the evening of 27th February 1978, a detachment of 35 BDF soldiers, 2 teenagers from Lesoma village and 2 or 3 ZIPRA combatants were ambushed by Smith's Rhodesian Soldiers at Lesoma sand ridge. 15 ...Published: 21 Feb 2017 at 10:44hrs | | by Boletilemang Gabokgatlhe
Mbada diamonds scandal unearthed
MBADA Diamonds could have prejudiced the State of millions of dollars by under-declaring its diamond sales over the years after it emerged its average price per carat was about three times lower t...Published: 16 Jan 2017 at 05:41hrs | | by Staff reporter
Marange diamond audit begins
THE Auditor-General's Office has commissioned a top auditing firm to investigate alleged looting of proceeds from diamond mining operations in Marange, with the results of the probe expected by Se...Published: 17 Jul 2016 at 12:01hrs | | by Staff reporter
Marange diamond audit kicks off
THE Auditor-General's Office has commissioned a top auditing firm to investigate alleged looting of proceeds from diamond mining operations in Marange, with the results of the probe expected by Septem...Published: 17 Jul 2016 at 07:09hrs | | by Kuda Bwititi
Zimbabwean expropriations begin
ON May 30, Kuda Mahobele, acting MD of Zimbabwean chrome producer ZimAlloys, took receipt of an unusual parcel. The contents of the parcel, a letter from the government, were not what he expected....Published: 23 Jun 2016 at 07:04hrs | 1 | by Chris Muronzi
Stinging charge sheet for Fidelity bosses
STINGING allegations of breaches of exchange control regulations, fraud and financial impropriety have become the core of a possible charge sheet against Fidelity Life Assurance (FLA) directors - Mr S...Published: 19 Jun 2016 at 12:13hrs | 1 | by Darlington Musarurwa and Africa Moyo
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