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Trabablas Interchange cost US$114.3 million, not US$88m
Finance Minister Mthuli Ncube has revealed that the cost of the recently completed Trabablas Interchange in Harare was significantly higher than previously reported, confirming the total expenditure a...Published: 10 Jul 2025 at 12:40hrs | 434 | by Staff reporter
ZB Bank secures US$5 million Afreximbank facility
ZB Bank Limited has secured a US$5 million loan facility from the African Export-Import Bank (Afreximbank), aimed at supporting small and medium enterprises (SMEs) in Zimbabwe, particularly those enga...Published: 30 Jun 2025 at 13:07hrs | 126 | by Staff reporter
Deep-rooted corruption at Harare City Council
Harare City Council has for decades been run by unscrupulous individuals whose corrupt activities continue to cripple service delivery, a damning Commission of Inquiry report has revealed. The finding...Published: 18 Jun 2025 at 07:29hrs | 314 | by Staff reporter
CCC councillors demand US$4,000 vehicle loan
BULAWAYO City Councillors have controversially resolved to receive US$4,000 each in personal loan facilities for the purchase of vehicles - a move that defies a Government directive and comes at a tim...Published: 06 Apr 2025 at 11:28hrs | 699 | by Staff reporter
Steady progress in Bulawayo-Nkayi Road rehab
The rehabilitation of the Bulawayo-Nkayi Road has gained momentum, with the contractor working on a 23km stretch from Inyathi Business Centre, affirming the Second Republic's commitment to infrastruct...Published: 12 Mar 2025 at 07:41hrs | 367 | by Staff reporter
Mnangagwa regime is deceiving war veterans into a dangerous debt trap
The "schemes" keep coming! Yesterday, the Zimbabwean government unveiled yet another scheme ostensibly aimed at improving the livelihoods of veterans of the country's liberation struggle. ...Published: 07 Feb 2025 at 20:26hrs | 713 | by Tendai Ruben Mbofana
No progress on Bulawayo-Nkayi Road
The long-awaited rehabilitation of the Bulawayo-Nkayi Road is moving at a slow pace, with DIFFLOCK Construction, the newly-appointed contractor, already establishing its base and advancing the project...Published: 10 Dec 2024 at 06:48hrs | 327 | by Staff reporter
Driver defrauds InnBucks of US$13,700
Cleopas Chisingarambwe, a part-time driver for Abro Coaches, appeared in the Harare Magistrates Court on charges of defrauding InnBucks MicroBank of US$13,700. Magistrate Dennis Mangosi re...Published: 22 Aug 2024 at 07:19hrs | 3795 | by Staff reporter
Zimbabwe exam fees deadline is extended
THE Government's extension of the deadline by which Ordinary and Advanced Level examination fees should be paid to the first week of May from March 23, has been welcomed by parents and guardians as a ...Published: 21 Mar 2024 at 08:44hrs | 5 | by Staff reporter
'Use lithium to negotiate Zimbabwe out of sanctions'
ZIMBABWE should apply economic diplomacy by leveraging on lithium resources to negotiate itself out of sanctions, United Nations Development Programme (UNDP) country representative Ayodele Odusola has...Published: 19 Feb 2024 at 04:53hrs | 2 | by Staff reporter
Mnangagwa's govt dangles collateral-free loans to youths
GOVERNMENT on Tuesday unveiled a collateral-free loan facility targeting youths.The facility, to be administered by the country's first youth-centric EmpowerBank, was unveiled during the fifth...Published: 14 Dec 2023 at 03:55hrs | 6 | by Staff reporter
Vote Buying rampant ahead of Elections
A human and civil rights activist Obert Chinhamo has expressed concerns over the escalation of vote buying ahead of elections describing it as a clear violation of the electoral act and human rights t...Published: 01 Aug 2023 at 17:58hrs | 13 | by Stephen Jakes
ACT-SA Urges political parties to refrain from vote buying ahead of August 23 elections
After the launch of the "National Citizen Action against Vote Buying Campaign", the Anti-Corruption Trust of Southern Africa (ACT-SA) received overwhelming responses from members of the public forward...Published: 26 Jul 2023 at 20:10hrs | 6 | by Stephen Jakes
Anti-Corruption watchdog starts tracking vote buying corruption
THE Anti-Corruption Trust of Southern Africa has started tracking down issues of vote buying in an effort to curb corruption committed in the run up to the election set for August 23.This was ...Published: 24 Jul 2023 at 18:55hrs | | by Stephen Jakes
Govt revises target from 220 000 to 1 million housing units by 2025
The government has revised from 220 000 to 1 million the target it had set to build housing units and related social amenities by 2025 following the tremendous progress that it has made across the cou...Published: 11 May 2023 at 05:28hrs | 4 | by Staff reporter
Businessman demands US$4 million from former partner
TOP banker and marketing specialist, Mr Douglas Mamvura, is demanding payment of US$4 million from his former business partner Mr George Manyere, over a deal involving the sale of shares of an investm...Published: 11 Apr 2023 at 14:30hrs | 47 | by Staff Reporter
Investors flock to Premier for Zulu off take
ZIMBABWE-FOCUSED miner Premier African Minerals says it has been approached by a number of other mining firms in the country to talk about its future plans for Zulu lithium for either direct equity in...Published: 04 Apr 2023 at 06:32hrs | 1 | by Staff reporter
Zulu lithium production might start this week
MULTI-COMMODITY mining and natural resource development company, Premier African Minerals, on Tuesday completed the plant assembly, construction and final instrumentation connections at the mine plant...Published: 30 Mar 2023 at 06:34hrs | 12 | by Staff reporter
Chinese medical teams show fruits of cooperation
Zimbabwe has been a beneficiary of Chinese health assistance under this framework.Recently, China and Zimbabwe marked the 60th anniversary of China medical teams at a colorful ceremony at the ...Published: 17 Mar 2023 at 18:56hrs | 1 | by Elma Zhoya
Parliamentarians grill Soda over power black-outs
LEGISLATORS yesterday grilled Energy minister Zhemu Soda over the continuing power black-outs in the country after the power company data showed that it was producing on 352 megawatts on the day....Published: 02 Mar 2023 at 05:47hrs | | by Staff reporter
Zimbabwe launches US$10 million gold facility
Prospects for increased gold production received a boost yesterday when Finance and Economic Development Minister, Professor Mthuli Ncube launched a US$10 million gold fund targeting small-scale and a...Published: 16 Feb 2023 at 04:50hrs | | by Staff reporter
Mbudzi US$88m controversy: Mthuli Ncube told to explain
PARLIAMENT'S Public Accounts Committee chairperson Brian Dube says Finance and Economic Development minister Mthuli Ncube should explain the decision to borrow US$88 million to fund the construction o...Published: 12 Feb 2023 at 11:18hrs | 16 | by Staff reporter
US$88m govt deal raises stink
THE controversy surrounding funding for Harare's Mbudzi interchange project has deepened amid reports that the project costs were inflated.Wednesday confirmation by Finance minister Mthuli Ncu...Published: 10 Feb 2023 at 05:41hrs | 2 | by Staff reporter
Smallholder farmers to benefit from US$15 million loan
SMALLHOLDER farmers will soon benefit from a US$15 million loan obtained by the Government from the OPEC Fund for International Development.Finance and Economic Development Minister Professor ...Published: 12 Dec 2022 at 01:02hrs | 58 | by Staff Reporter
Chamisa faces open revolt from CCC MPs?
CCC leader Mr Nelson Chamisa faces open revolt from his party legislators after he tried to stop them from receiving a US$40 000 Government loan through a populist announcement on social media....Published: 06 Dec 2022 at 05:01hrs | 1 | by Staff reporter
Chamisa, Mnangagwa legislators united over US$40m loan
Members of Parliament (MPs) from across the political divide who usually fiercely clash over policy issues have come to speak with one voice in defence of the controversial US$40m loan facility from t...Published: 03 Dec 2022 at 09:12hrs | | by Staff reporter
Chamisa's politics of salving troubled consciences
Politics and poetryWilliam Butler Yeats, I think it was he who said out of our arguments with others we make politics, but out of arguments with ourselves we make poetry!We can forgive...Published: 03 Dec 2022 at 07:10hrs | 6 | by @Jamwanda2 on Saturday
Chamisa, Mnangagwa MPs jostle for US$40,000 housing loan
PARLIAMENTARIANS are legally bound to service the recently extended US$40 000 residential stands loans at an interest rate of 5% for the next five years.Some MPs have offered vehicles as colla...Published: 02 Dec 2022 at 19:31hrs | | by Staff rteporter
Zanu-PF defends MPs' US$40,000 windfall
Zanu-PF national spokesperson Christopher Mutsvangwa yesterday defended the US$40 000 housing loan facility for legislators saying the money was not even enough.Government has offered a US$40 ...Published: 02 Dec 2022 at 05:03hrs | 1 | by Staff reporter
Chamisa's MPs offered US$40,000 loan facility by Mnangagwa's govt?
NORTON legislator Temba Mliswa has defended an alleged US$40 000 purse dangled at sitting members of parliament (MPs) as loans by government ahead of next year's elections.Mliswa, who is on re...Published: 29 Nov 2022 at 17:50hrs | 1 | by Staff reporter
Mnangagwa's govt turns to Treasury bills, bonds
THE cash-strapped government is likely to print money to finance its $575,5 billion budget deficit, economic analysts warned yesterday after Finance minister Mthuli Ncube announced next year's $4,5 tr...Published: 25 Nov 2022 at 05:12hrs | 2 | by Staff reporter
Mnangagwa gives ambassadors new orders
ZIMBABWE's engagement and re-engagement drive has assumed new levels after President Mnangagwa yesterday met Zimbabwean Ambassadors accredited to foreign missions in a closed-door meeting at State Hou...Published: 13 Nov 2022 at 17:29hrs | 3 | by Staff reporter
Zimbabwe hospitals to get modern equipment
Modern hospital equipment and machinery will be procured by the Government to replace old and obsolete items to ensure patients access quality services, Vice President and Health and Child Care Minist...Published: 20 Oct 2022 at 05:57hrs | 1 | by Staff reporter
Mnangagwa greenlights new university fees
PRESIDENT Mnangagwa has bemoaned the low uptake of Government facilitated loans by students at the country's tertiary institutions amid reports that only 10 000 students have benefited so far despite ...Published: 18 Sep 2022 at 16:53hrs | 3 | by Staff reporter
Zimbabwe nurses fume over paltry govt loans
The government is under fire after releasing a measly $23 million loan facility to health workers to buy or construct houses, yet the figure is only enough to construct one house.Vice-Pr...Published: 11 Sep 2022 at 15:22hrs | 3 | by Staff reporter
Pfumvudza inputs ready
Inputs for smallholder farmers under the Presidential Climate-Proofed Agriculture Programme or Pfumvudza/Intwasa have started being dispatched to Grain Marketing Board (GMB) depots countrywide, with f...Published: 21 Aug 2022 at 08:41hrs | 2 | by Staff reporter
Life gets tough for Zimbabwe's tertiary level students
LIFE for tertiary level students is becoming increasingly difficult due to economic hardships, an official has said.Addressing students at Kwekwe Polytechnic, president of the Zimbabwe Congres...Published: 15 Jul 2022 at 09:13hrs | 1 | by Staff reporter
Mnangagwa's ailing govt splurges millions on ministers
GOVERNMENT will soon splurge millions of United States (US) dollars to buy luxury homes for Cabinet ministers and their deputies at a time President Emmerson Mnangagwa's administration is ...Published: 01 Jul 2022 at 19:45hrs | 14 | by Staff reporter
Value project promotes access to finance for small, medium pork producers
The VALUE project is promoting access to finance for value chain upgrading for small and medium scale pork producers in 8 districts where the project is operational.This is revealed in the lat...Published: 27 Apr 2022 at 12:53hrs | 56 | by Stephen Jakes
Chombo's trial deferred
THE fraud trial involving former Minister, Ignatius Chombo, in which he is being accused of duping the Reserve Bank of Zimbabwe of $14 billion, has been deferred to June pending the finalisation of a ...Published: 08 Apr 2022 at 10:13hrs | 3 | by Staff reporter
Work on Bulawayo, Hwange Thermal plants to start
INDIA remains committed to furthering the warm relations it enjoys with Zimbabwe as evidenced by the extension of a US$468 million loan facility for power projects in the country, a diplomat has said....Published: 27 Mar 2022 at 07:30hrs | 9 | by Staff reporter
We're not responsible for road rehab, says Zinara
ZIMBABWE National Road Administration (Zinara) yesterday said it was not responsible for the dilapidated state of roads across the country, insisting that its mandate was to collect funds and disburse...Published: 23 Feb 2022 at 05:47hrs | 2 | by Staff reporter
Govt to revive civil servants' loan facility
GOVERNMENT has said it will soon revive a civil servants loan facility to enable them to purchase vehicles and houses, as well as carry out other empowerment projects.This was said last Wednes...Published: 22 Feb 2022 at 05:42hrs | | by Staff reporter
CBZ tops blocked funds list
CBZ Bank has the highest amount (US$424 million) out of 580 companies with funds that could not be repatriated from the country - commonly known as blocked funds - latest official figures show....Published: 10 Jan 2022 at 05:57hrs | 11 | by Staff reporter
Miserable X-mas for impoverished workers
THE year 2021 was a sad one for workers because of a plethora of challenges, including the Covid-19 pandemic and now they will round it off with a bleak Christmas.Workers' unions say the gover...Published: 26 Dec 2021 at 15:30hrs | 12 | by Staffreporter
Munatsi: A smart distinguished banker
Zimbabwe is witnessing one of the largest outpourings of grief following the tragic loss of Douglas Tawanda Munatsi (‘DTM') on Monday November 29, 2021.It is definitely a tragedy of unspeaka...Published: 05 Dec 2021 at 06:17hrs | 13 | by Muchadeyi Ashton Masunda
Sable Chemicals to double production to 200 000t
ZIMBABWE'S sole ammonium nitrate production outfit, Sable Chemical Industries says it will double production to 200 000 tonnes a year by 2023 after getting a US$11 million boost from a regional lender...Published: 05 Dec 2021 at 06:17hrs | 11 | by Staff reporter
Drax execs US$2,9m richer
AFTER the High Court this week ruled that the controversial US$20 million Drax Consult SAGL deal on medical supplies and sundries that cost former Health minister Obadiah Moyo his job was valid, Drax ...Published: 04 Dec 2021 at 18:48hrs | 10 | by Staff reporter
US$4 billion mystery in Afreximbank, Zimbabwe deals
SHARP differences emerged between Zimbabwean authorities and the Africa Export–Import Bank (Afreximbank) on Friday over the value of loans extended by the regional lender to Harare.During a ...Published: 28 Nov 2021 at 08:02hrs | 11 | by Staff reporter
Revenue Hall to be 100% solar powered
BULAWAYO'S Revenue Hall is set to go 100 percent solar powered as the local authority ups its drive towards alternative energy at most of its facilities.This comes in the wake of reports that ...Published: 28 Nov 2021 at 07:52hrs | 10 | by Staff reporter
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