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Cement shortage chokes construction industry
ZIMBABWE'S construction industry contracted by 6,3% percentage points last year due to acute cement shortages and unsustainable prices of construction materials, a Treasury report has shown.Ac...Published: 12 Apr 2019 at 06:45hrs | 194 | by Staff reporter
Parly begins probe into Mliswa Committee graft allegations
PARLIAMENT's Privileges Committee (PPC) will this Monday, begin investigations into corruption allegations levelled against some former members of the Mines and Mining Development then chaired by Inde...Published: 08 Apr 2019 at 06:29hrs | 145 | by newzimbabwe
Zimbabwe has adequate cement - PPC
PPC Zimbabwe, proud manufacturer of building materials and solutions, would like to assure our valued customers that their favourite cement is readily available at all our stockists. We have e...Published: 07 Apr 2019 at 14:33hrs | 705 | by PPC
Zimbabwe manufacturing sector exports up by 54%
ZIMBABWE'S manufacturing sector exports went up by 54% to US$222,6 million in 2018, buoyed by the export incentive introduced by the Reserve Bank of Zimbabwe in 2016, Industry and Commerce minister Nq...Published: 12 Mar 2019 at 06:01hrs | 461 | by Staff reporter
PPC loses $26 000 to 'card cloning' gang
FOUR men from Bulawayo have been arrested after they allegedly swindled a private company of $26 000 by cloning the company's bank card.Divine Gandawa (38), from Nkulumane 12, Farai Gandawa (2...Published: 03 Mar 2019 at 01:35hrs | 1464 | by Staff reporter
Open letter to Innocent Kufa
Dear Sir, 25 years ago I, together with my Zimbabwean partner, resolved to open a small trading business in Bulawayo offering, amon...Published: 23 Feb 2019 at 09:47hrs | 2538 | by Gordon W. McFarlane
BREAKING: Temba Mliswa steps down
Norton Member of Parliament Temba Mliswa has stepped down as the Chairperson of the Parliamentary Portfolio Committee on energy and mining development due to allegations of bribery laid against him by...Published: 07 Feb 2019 at 17:35hrs | 14991 | by Mandla Ndlovu
'Cement pricing aligned with inflationary rise'
LEADING cement manufacturer, Pretoria Portland Cement (PPC), says despite the difficult trading conditions, average cement prices in the Southern Africa region last year increased marginally by betwee...Published: 06 Feb 2019 at 22:42hrs | 3091 | by Staff reporter
5 Best Casinos in the World
The first known casino was called a gambling house and it was established in Venice, Italy in 1638, while the first gambling establishments in America were known as saloons. Regardless of their name, ...Published: 23 Jan 2019 at 12:11hrs | 395 | by Staff Reporter
Flush out money changers, says Zanu-PF
ZANU-PF members in Bulawayo have raised concern over the continued existence of illegal foreign currency dealers they claim are now operating in secret to evade arrest, and called for the re-introduct...Published: 06 Dec 2018 at 06:01hrs | 4136 | by Staff reporter
PPC hit hard by foreign currency crisis
PPC Zimbabwe Ltd is stuck with R896 million (US$64,2 million) due to its parent company after the local company failed to remit rights issue proceeds and other amounts due to the Johannesburg Stock Ex...Published: 30 Nov 2018 at 09:31hrs | 255 | by Staff reporter
'Mliswa tried to rape my wife and kill me' says British man.
A United Kingdom based man Paul Westwood has written to President Mnangagwa alleging that Norton Member of Parliament Temba Mliswa illegally took over his companies, before threatening to rape his and...Published: 19 Nov 2018 at 15:32hrs | 5975 | by Mandla Ndlovu
Train derails in Bulawayo
A train derailed near Cement Siding in Bulawayo on Saturday.A locomotive pulling another went off the railway tracks and under unclear circumstances, and they both overturned.The crew ...Published: 18 Nov 2018 at 08:50hrs | 2564 | by zimlive
Transport ministry workers nabbed for cement theft
TRANSPORT and Infrastructural Development ministry workers along the Mushandirapamwe-Wedza Highway, who stole over 80 bags of cement and quarry stones on Friday, appeared before Marondera magistrate A...Published: 13 Nov 2018 at 05:59hrs | 384 | by Staff reporter
Price monitoring mechanism for cement retailers
THE Government will consider directing cement manufacturers to put in place monitoring mechanisms with the view of taking stern measures against retailers selling the commodity at prohibitive prices a...Published: 04 Nov 2018 at 08:08hrs | 987 | by Staff reporter
PPC mulls cement price increase
PPC Zimbabwe (PPC) is mulling an increase in cement prices to hedge against rising inflation, The Financial Gazette has learnt.In the wake of runaway United States dollar (USD) parallel market...Published: 18 Oct 2018 at 15:15hrs | 2604 | by Staff reporter
Retailers rip off panic-stricken consumers
Retailers reportedly ripped off panic-stricken consumers by arbitrarily hiking the cost of basic commodities despite getting supplies from manufacturers at normal prices.Moreover, tariffs for ...Published: 14 Oct 2018 at 08:08hrs | 1848 | by Staff Reporter
Panic buying will die a natural death
GOVERNMENT has said the panic buying mode being experienced across shops in major cities will soon die a natural death as people realise that the situation is not degenerating to what transpired in 20...Published: 10 Oct 2018 at 06:25hrs | 901 | by Staff reporter
'Cement sector has excess capacity'
ZIMBABWE's cement industry has excess capacity to meet the 1,3 million tonnes annual domestic demand as the sector has an installed capacity of 2,4 million tonnes, an official has said. Last month the...Published: 05 Oct 2018 at 06:37hrs | 673 | by Staff reporter
Zimbabwe cement demand to exceed supply in 2 years
ZIMBABWE'S cement industry could run out of capacity by 2020 as national demand grows faster than the expansion in investment, one of the major producers has said.The industry is dominated by ...Published: 01 Oct 2018 at 07:01hrs | 793 | by Staff reporter
Cement supplies improve
THE cement supply situation has improved following a temporary shortage that hit the country early this month. Although hardware retailers have confirmed the availability of the commodity, Business Ch...Published: 24 Sep 2018 at 09:56hrs | 1015 | by Staff reporter
Mpopoma whiz kid gets scholarship
LOCAL cement producer PPC Zimbabwe has offered a Bulawayo whiz kid who got 20 points at A-Level a scholarship to study Medicine and Surgery at the University of Zimbabwe starting this year.Mkh...Published: 18 Sep 2018 at 07:06hrs | 1553 | by Staff reporter
Chamisa lived up to his word
Leader of the Movement for Democratic Change Alliance (MDC A), Nelson Chamisa, huffed and puffed during his rallies, threatening to make Zimbabwe ungovernable, if the Zimbabwe Electoral Commission (Ze...Published: 10 Sep 2018 at 06:48hrs | 2913 | by Prosperity Mzila
Economic doomsayers reprimanded
Leader of the Movement for Democratic Change Alliance (MDC A), Nelson Chamisa, huffed and puffed during his rallies, threatening to make Zimbabwe ungovernable, if the Zimbabwe Electoral Commission (ZE...Published: 06 Sep 2018 at 16:20hrs | 1669 | by Prosperity Mzila
Cement shortage: PPC calms the market
THE country's largest cement manufacturer, PPC Zimbabwe, has said the market has no reason to engage in panic buying of cement and advised retailers to act responsibly in pricing the commodity to avoi...Published: 05 Sep 2018 at 06:40hrs | 1149 | by Staff reporter
Mnangagwa blamed for failure to address 'legitimacy' issues, prices soar
THE prices of basic commodities have risen sharply since elections held on July 30 to levels that are too high for a dollarised economy.The bout of inflation is blamed on excessive government ...Published: 04 Sep 2018 at 06:50hrs | 2334 | by Staff reporter
Producers speak on cement crisis
National cement demand has surged since the second half of last year, driven by a reported bubble in mortgage and construction activity, amidst mounting supply-side challenges related to foreign curre...Published: 04 Sep 2018 at 06:37hrs | 1020 | by Staff reporter
'Technical fault behind cement shortage'
A TECHNICAL fault at the country's largest cement makers PPC Zimbabwe and Larfarge is said to be behind the recent shortage of the commodity on the market, which has seen retailers pushing the price u...Published: 04 Sep 2018 at 06:30hrs | 435 | by Staff reporter
Cement disappears from market
A serious shortage of cement has hit Harare with the few outlets that have the product selling it at double the official price.In a snap survey yesterday, the majority of hardwares and other o...Published: 02 Sep 2018 at 09:23hrs | 676 | by Staff reporter
Investors cautious till election resolution
TRADING on the Zimbabwe Stock Exchange (ZSE) was down last week as investors were weighing their options and exercising extreme caution ahead of an announcement of the election results, trading data h...Published: 07 Aug 2018 at 07:20hrs | 173 | by Staff reporter
Zimbabwe Stock Exchange sneeze before elections
The Zimbabwe Stock Exchange (ZSE) closed slightly lower during the last few days of official trade before the general elections set for tomorrow.After close on Thursday, the All Share Index fe...Published: 29 Jul 2018 at 09:59hrs | 282 | by Staff reporter
The construction industry - a key partner in the economic integration
The world recently witnessed the signing of the biggest free trade area by Heads of African Governments in Kigali. Signed in March this year, the African Continental Free Trade Area (AfCFTA) is the la...Published: 09 Jul 2018 at 13:49hrs | 266 | by Mokate Ramafoko
The construction industry - a key partner in the economic integration of the continent envisaged by the AfCFTA
The world recently witnessed the signing of the biggest free trade area by Heads of African Governments in Kigali. Signed in March this year, the African Continental Free Trade Area (AfCFTA) is the la...Published: 06 Jul 2018 at 18:22hrs | 374 | by Mokate Ramafoko, PPC Managing Director: International Operations
Chiwenga unpacks military's role in peace-building
I feel honoured to speak on "The role of the military in peac-building and national reconciliation" itself a topic under the broad theme "A Reflection on Ethical Leadership. The theme honours the 100t...Published: 02 Jul 2018 at 07:27hrs | 364 | by Dr Constantino Chiwenga
Machazane wins lucrative contract
DYNAMOS vice-captain Marshal Machazane has landed a contract with PPC Zimbabwe to be their brand ambassador for the next five years. Machazane, who has been regularly been wearing the captain'...Published: 28 Jun 2018 at 06:51hrs | 907 | by Staff reporter
Peter Ndlovu's story told in World Cup advert
THE Warriors might have been barred from the 2018 FIFA World Cup qualifiers, but the greatest Warrior of all-time has been roped into the global show as part of a package of the television broadcast b...Published: 21 Jun 2018 at 06:46hrs | 2360 | by Staff reporter
Chiefs seek peace order against Obert Mpofu
THREE Matabeleland North chiefs have approached the courts seeking a peace order against Home Affairs minister Obert Mpofu, whom they accuse of being abusive, issuing ominous threats and occasionally ...Published: 24 May 2018 at 13:49hrs | 2492 | by Staff reporter
'RBZ must regulate not ban cryptocurrencies'
Zimbabwe Information and Communication Technology Division (ZICT) and other IT experts have called on the Reserve Bank of Zimbabwe to regulate cryptocurrencies rather than banning them outright....Published: 14 May 2018 at 14:22hrs | 403 | by Staff reporter
Zanu-PF Matebeleland North to launch poll campaign
THE Zanu-PF Matebeleland North provincial leadership has called a Provincial Coordinating Committee (PCC) meeting to introduce the party's winning candidates to members and also launch the election ca...Published: 10 May 2018 at 07:01hrs | 193 | by Staff reporter
PPC's general manager dies in car crash
PRETORIA Portland Cement (PPC) Colleen Bawn general manager Allan Tshabangu has died after being involved in a car crash near Inyathi in Bubi District Matabeleland North.The accident is said t...Published: 09 May 2018 at 07:05hrs | 2223 | by Staff reporter
Grace Mugabe linked to $5m bribe request
A cabinet minister asked Africa's richest man, Aliko Dangote, for a $5-million bribe on behalf of the Mugabe family, sources told the Sunday Times this week.Robert Mugabe's nephew Patrick Zhuw...Published: 23 Apr 2018 at 14:22hrs | 5669 | by Staff reporter
Mohadi to appear before Mines Parly committee
MORE bigwigs are expected to appear before the Parliamentary Portfolio Committee on Mines and Energy today with Vice President Kembo Mohadi being the most senior as the probe into the leakage of $15 b...Published: 13 Apr 2018 at 07:27hrs | 150 | by Staff reporter
Zimbabwe's PPC Ultra Marathon classified as Comrades qualifier
ORGANISERS of the PPC Ultra-Marathon have made a giant leap by getting the race classified as qualifier for the revered Comrades Marathon after enlisting the services of leading sports timing company,...Published: 09 Mar 2018 at 06:32hrs | 174 | by Staff reporter
Whiz-kid 'Mkhulisi Moyo' gets scholarship
A BULAWAYO whiz-kid who got 20 points at A-Level has received a scholarship courtesy of cement giant PPC, for him to study Medicine at the University of Zimbabwe this year.As reported in our s...Published: 03 Mar 2018 at 07:52hrs | 2421 | by Staff Reporter
Let us breathe back life to Bulawayo
The thrust that President Emmerson Mnangagwa has put on the economy is a very positive move that deserves encouragement and support from all Zimbabweans.Mnangagwa and his government have made ...Published: 11 Feb 2018 at 07:24hrs | 898 | by Staff reporter
More than 20 top Bulawayo companies regaining footing
MORE than 20 top companies in Bulawayo have recorded positive growth this year as evidenced by increasing capacity utilisation, fresh investment and opening of new plants. According to the Con...Published: 29 Dec 2017 at 08:42hrs | 16296 | by Staff Reporter
Police challenged to fight corruption without fear
POLICE have been challenged to fight corruption without fear or favour as suggested by President Emmerson Mnangagwa.The Officer Commanding Bulawayo province, Senior Assistant Commissioner Step...Published: 13 Dec 2017 at 05:16hrs | 341 | by Staff reporter
Time to invest in Zimbabwe is now
The evidence of Zimbabwe's ailing economy is everywhere: Massive unemployment estimated at 85percent; hyper-inflation; shortage of essential food items such as wheat; dependence on imports; cash-strap...Published: 30 Nov 2017 at 17:36hrs | 2383 | by Tryphosa Ramano
Zanu-PF Manicaland praises ZDF
MUTARE - ZANU-PF Manicaland Province has praised Zimbabwe Defence Forces (ZDF) General Constantino Chiwenga's move to "step in" to cleanse "criminals" around President Robert Mugabe at a Provincial Co...Published: 19 Nov 2017 at 22:01hrs | 2068 | by Farai Shawn Matiashe in Mutare
New cement plant begins production
REDCLIFF based cement manufacturer Livetouch Investments has commenced cement production at its 410 000 tonne a year capacity plant, a senior company executive said.Construction of the $34 mil...Published: 29 Oct 2017 at 07:20hrs | 986 | by Staff reporter
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