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Masiyiwa named among only 17 black billionaires in the world
ACCORDING to Forbes, there are currently 2,640 billionaires in the world. They are collectively worth $12.2 trillion. The United States is the number one home of billionaires with 735 of them, followe...Published: 4 hrs ago | 708 | by Staff reporter
Oppah Muchinguri backs well trained Zimbabwe Defence Forces
The Zimbabwe Defence Forces (ZDF), backed by good training, remain a critical component in the attainment of national aspirations through the National Development Strategy 1, Defence and War Veterans ...Published: 4 hrs ago | 97 | by Staff reporter
Zimbabwe aims to double power output by 2025
Zimbabwe's state power utility ZESA aims to more than double national grid capacity by 2025 to respond to increased demand from the mining sector, its chief executive said on Thursday.The coun...Published: 20 hrs ago | 308 | by Staff reporter
Redwing: a tale of plunder, impunity, chaos and death
Redwing Gold Mine, once touted as a giant gold mining venture capable of transforming the quality of life in the Penhalonga area of Manicaland province and a cash cow for the national economy, has bec...Published: 23 hrs ago | 252 | by Staff reporter
Zimbabwe's August 23 elections are already rigged
Forever Associates of Zimbabwe (Faz) is, in deed, a new kid on the block, even though it's not that new.It's new in the sense that while it was established as a trust way back in 2012, it hasn...Published: 04 Jun 2023 at 08:36hrs | 138 | by Tawanda Majoni
Chinese miner threatens workers over strike
DIAMOND miner, Anjin Investments (Pvt) Ltd, has threatened to dismiss workers who go on strike in protest over poor salaries and working conditions.In a memorandum dated May 31 addressed to mi...Published: 03 Jun 2023 at 08:17hrs | 141 | by Staff reporter
Hwange Unit 7 back on Zimbabwe power grid
Hwange Thermal Power Station Unit 7, which was recently taken off the national grid for confirmation tests, was successfully put back on Monday, adding 300MW to the national output as the country puts...Published: 03 Jun 2023 at 08:15hrs | 161 | by Staff reporter
Zimbabwe mining sector energy demand to surge 344%
ZIMBABWE'S mining sector will require in excess of 2 000 megawatts (MW) of electricity in the next three to four years, up 344% compared to current needs, as industry expands, businessdigest revealed....Published: 02 Jun 2023 at 06:48hrs | 212 | by Staff reporter
Zimbabwe continues fight in US courts to block payment of US$277m land reform suit
ZIMBABWE continues its fight in the United States (US) to block enforcement of a US$277 million arbitration award to a German and Swiss family which stems from the country's controversial land reform ...Published: 01 Jun 2023 at 06:58hrs | 961 | by Staff reporter
Low tariffs chew into Econet earnings
ECONET Wireless Zimbabwe (EWZ) has posted a near $17 billion loss for the year ended February 28, 2023, owing to a 317,14% increase in exchange losses during the period as the local currency tumbled....Published: 01 Jun 2023 at 06:45hrs | 160 | by Staff reporter
Zimbabwe targets net wheat exporter status
GOVERNMENT has revised upwards the winter wheat production target of 85 000 hectares to 90 000 hectares as the country is positioning itself to be a net exporter of wheat in the region.To date...Published: 01 Jun 2023 at 06:42hrs | 82 | by Staff reporter
China now Zimbabwe's largest FDI source
China has made huge inroads into the Zimbabwean economy in terms of investment, which is expected to grow further following the three-day ZimTrade organised Zimbabwe-China Business Forum, which ends t...Published: 01 Jun 2023 at 06:40hrs | 141 | by Staff reporter
Voters roll anomalies exposing Zec
THAT some names of registered voters have reportedly gone missing from the voters roll to be used in this year's general elections is more than disturbing.With less than three months to the po...Published: 31 May 2023 at 07:01hrs | 209 | by Staff reporter
'Zimbabwe's maize harvest impressive'
Zimbabwe is food secure having already maize stocks that will last for the next 5,5 months with the bulk of the summer harvest still being gathered and delivered while wheat stocks will last until the...Published: 31 May 2023 at 06:58hrs | 155 | by Staff reporter
Mayhem at National Sports Stadium
REFEREE Jimmy Makwanda left the pitch with a heavily bandaged head yesterday after a section of incensed CAPS United fans ran amok at the end of their drawn game against Simba Bhora, unhappy with the ...Published: 29 May 2023 at 06:29hrs | 769 | by Staff reporter
Fuel tanker overturns, kills driver
A FUEL tanker driver died on the spot when his vehicle overturned outside the Mzilikazi Barracks in Bulawayo, spilling over 20 000 litres of petrol resulting in the closure of the Bulawayo-Harare high...Published: 27 May 2023 at 09:06hrs | 409 | by Staff reporter
Russia's Rostec assists Zimbabwe establish air ambulance service
Russian Helicopters Holding Company, a part of Rostec State Corporation, has handed over a batch of 18 Ansat helicopters to Zimbabwe. The light multipurpose helicopters manufactured at the Kaz...Published: 26 May 2023 at 06:32hrs | 191 | by Staff reporter
Power outages dent RioZim production
GOLD production at Cam & Motor Mine — one of RioZim Limited's flagship operations — increased 92% in the first quarter of this year on the back of the Biological Oxidation (BIOX) plant that ca...Published: 25 May 2023 at 06:27hrs | 233 | by Staff reporter
'Give us a chance to fix economic mess' cried Chamisa. Failed to fix political mess - THE critical first task
Nelson Chamisa is like Unoka, in Chinua Achebe's book Things Fall Apart. Unoka wanted a good harvest but would not put in the hard work to earn it. Chamisa wants to be president of Zimbabwe but will n...Published: 24 May 2023 at 17:26hrs | 379 | by Wilbert Mukori
Living the Mthuli Dream in Cowdray Park
MISS Nobuhle Nyathi has lived in Bulawayo's Cowdray Park for the entirety of her life and has always longed for meaningful development as some parts of the suburb resembled rural areas.Today, ...Published: 23 May 2023 at 06:39hrs | 1068 | by Staff reporter
Zimbabwe foundries require US$50m for retooling
The Zimbabwe Institute of Foundries (ZIF) says the sector requires about US$50 million for retooling of the existing foundries dotted around the country.Foundries are facilities that produce m...Published: 21 May 2023 at 08:11hrs | 95 | by Staff reporter
Lupane juice maker eyes export market
LUPANE-based indigenous fruit juice manufacturer, Lupane Veggie Guys is eyeing the export market after successfully showcasing its indigenous products at the just-ended Zimbabwe International Trade Fa...Published: 15 May 2023 at 19:00hrs | 555 | by Staff reporter
Zimbabwe to convert coal to fertiliser
A Zimbabwean government-owned entity, Verify Engineering, is preparing to use locally available coal to develop ammonia-based fertilisers as the country ramps up agricultural productivity."We ...Published: 14 May 2023 at 12:42hrs | 890 | by Takudzwa Changadeya
Auditors condemn Edgars financial results
DELOITTE and Touche Zimbabwe auditors have condemned Edgars Stores Limited financial results for the year ended January 8, 2023, saying they failed to comply with International Financial Reporting Sta...Published: 14 May 2023 at 11:37hrs | 659 | by Staff reporter
United Bulawayo Hospitals now doing brain operations
A SUPER-SPECIALIST hospital is set to be constructed at the United Bulawayo Hospitals (UBH), a move that will reduce the number of locals going outside the country to get specialised surgeries....Published: 14 May 2023 at 11:34hrs | 112 | by Staff reporter
Zimbabwean 'mbingas' flashy lifestyles reflect a corrupt economy
So, another so-called mbinga (wealthy person) in Zimbabwe has been active once again, on social media flaunting his latest acquisitions.This time around, he bought himself the latest Maybach B...Published: 12 May 2023 at 06:22hrs | 1016 | by Tendai Mbofana
13 distressed Zimbabwe firms rescued
Testifying to its commitment to tangible deliverables aimed at transforming the livelihoods of the people, the Second Republic, under the stewardship of President Mnangagwa, has resuscitated 13 previo...Published: 11 May 2023 at 05:30hrs | 344 | by Staff reporter
Binga coking coal project comes on stream
LONDON-listed natural resource development firm behind the Lubu coking coal project in Binga, Contango Holdings, has completed the connection of power to key infrastructure on-site including the wash ...Published: 10 May 2023 at 05:57hrs | 179 | by Staff reporter
Zesa dedicates 120MW for winter wheat farming
With planting of the 2023 winter wheat already underway in some parts of the country, the Zimbabwe Electricity Supply Authority (ZESA) has pledged to provide uninterrupted electricity to farmers to al...Published: 09 May 2023 at 06:02hrs | 71 | by Staff reporter
Ex-top govt official up for drug peddling
A FORMER principal accountant in the Finance and Economic Development ministry, Tonderai Musekiwa has been arrested for allegedly dealing in dangerous drugs.Musekiwa (50) appeared at the Harar...Published: 08 May 2023 at 06:13hrs | 758 | by Staff reporter
CCC's 'strategic ambiguity' is a cover for duplicity
1. BEFORE THE FACT:#CCC tells the media and the public that using 2007 electoral boundaries for the 2023 general election is out of the question, and proffers a very strong explanation for this po...Published: 07 May 2023 at 19:46hrs | 573 | by Jonathan Moyo
Zimbabwean politics in generational transition
It seems there is a growth in the number of younger candidates being nominated to represent the parties in the upcoming polls.ONE of the most stubborn facts is that the old die, and the new are bo...Published: 07 May 2023 at 19:24hrs | 485 | by Ntando Dumani
Hwange's graveyard a tourism hanging fruit!
Rutendo Mapfumo is one of the few scribes who deserve special mention in a Hall of Fame of Zimbabwean journalists because of her doggedness, which leaves latter day fundis salivating with awe in terms...Published: 07 May 2023 at 07:47hrs | 160 | by Burzil Dube
Hwange Colliery to increase underground coal production
THE country's giant coal miner, Hwange Colliery Company Limited, has said it is expecting to increase underground production to 50 000 tonnes by mid-2023, following the commissioning of equipment valu...Published: 07 May 2023 at 07:45hrs | 92 | by Staff reporter
Zimbabwe's lithium revenues poised to exceed expectations
THE growing global demand for lithium — a mineral which is critical in the manufacture of batteries that power electric vehicles, among other renewable energy products — as well as continuing mult...Published: 07 May 2023 at 07:44hrs | 284 | by Staff reporter
Service delivery improves at Beitbridge border
The transformation of the Beitbridge Border Post at a cost of US$300 million has started bearing fruits as it has drastically reduced the turnaround time for cargo clearance and the movement of human ...Published: 04 May 2023 at 06:09hrs | 178 | by Staff reporter
Lithium investor begins US$22m power line project
LITHIUM giant Bikita Sinomine has started work on the US$22 million (132KVA) power line stretching from Tokwe to Bikita in Masvingo Province.The 120km power line is meant to provide power to t...Published: 01 May 2023 at 08:09hrs | 529 | by Staff reporter
Bulawayo gets skin care clinic
A 27-YEAR-OLD business executive Mercy Mabiza has set up a lifestyle intravenous drip clinic in Bulawayo for people who want to make their skin glow.The IV drip therapy treatments are becoming...Published: 29 Apr 2023 at 20:04hrs | 369 | by Staff reporter
SA chrome tycoon 'pays millions' to Zanu-PF chefs
A FIRM controlled by one of South Africa's richest tycoons suspiciously moved millions of United States dollars to politically connected Zimbabwean companies and powerful individuals, about five years...Published: 29 Apr 2023 at 19:32hrs | 798 | by Staff reporter
Mnangagwa, Chiwenga 'secret millions' exposed?
PRESIDENT Emmerson Mnangagwa and his deputy, Constantino Chiwenga or their allies and relatives allegedly received US$3 million from a controversial South African businessman, Zunaid Moti at the heigh...Published: 29 Apr 2023 at 07:53hrs | 3175 | by Staff reporter
Chiwenga, Mnangagwa entangled in massive chrome scandal
COMPANIES linked to President Emmerson Mnangagwa and Vice-President Constantino Chiwenga received US$3 million from South African chrome miner Zunaid Moti following a US$120 million deal signed betwee...Published: 28 Apr 2023 at 20:19hrs | 1192 | by Staff reporter
Zambezi River Authority further limits Kariba Dam water usage
THE Zambezi River Authority (ZRA), an agency established by Zimbabwe and Zambia to manage the river's basin, has tightened screws against its principals, pushing them to adhere to laid-down consumptio...Published: 28 Apr 2023 at 07:05hrs | 701 | by Staff reporter
Young Miners4ED, speak
The president of Young Miners for Economic Development has urged young miners to invest in mining and go through proper channels in pegging and registering mining activities.Speaking to this p...Published: 27 Apr 2023 at 14:25hrs | 1190 | by Desire Tshuma
No photos please, Auxillia security tells villagers
VILLAGES hoping to capture on their phone cameras a lifetime moment with First Lady Auxillia Mnangagwa were left disappointed after her security aides barred them from taking pictures at a function in...Published: 26 Apr 2023 at 06:35hrs | 961 | by Staff reporter
Chinese steel plant now 60% complete
THE US$1,5 billion steel plant being constructed in Mvuma, 200km south of Harare, by the Chinese giant, Dinson Iron and Steel Company (Disco), is now 60% complete, NewsDay Business heard yesterday....Published: 26 Apr 2023 at 06:31hrs | 389 | by Staff reporter
Zesa engages ZRA for more water
ZESA Holdings is engaging the Zambezi River Authority (ZRA) for more water allocation to ramp up electricity generation.Spokesperson George Manyaya told NewsDay that the power utility has mana...Published: 26 Apr 2023 at 06:26hrs | 62 | by Staff reporter
Zimbabwe economy could grow 6% this year
Zimbabwe's economy could grow 6 percent this year, better than a previous forecast for 3.8 percent growth, thanks to a strong performance by agriculture and easing power shortages, Finance Minister Mt...Published: 25 Apr 2023 at 09:11hrs | 804 | by Staff reporter
US$5m required to resuscitate Harare Power Station
AT least US$5 million is needed to resuscitate the Harare Power Station whose dilapidated machinery, a Zesa Holdings official has said.Speaking during the Parliamentary Portfolio Committee on ...Published: 25 Apr 2023 at 06:33hrs | 254 | by Staff reporter
Construction of 12 large dams accelerated in Zimbabwe
Construction of 12 large dams is being accelerated to put at least 350 000 hectares under irrigation by 2025 as the need to boost crop production grows.The rolling out of dam construction coun...Published: 25 Apr 2023 at 06:31hrs | 329 | by Staff reporter
Zimbabwe Power Company seeks investors for 3 thermal power stations
THE Zimbabwe Power Company is seeking private sector investors with large power demands to take over, modernise and run its three small thermal power stations in Harare, Munyati and Bulawayo in return...Published: 25 Apr 2023 at 06:30hrs | 224 | by Staff reporter
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