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PPC Zimbabwe to fast-track solar projects
Pretoria Portland Cement (PPC) Zimbabwe has announced plans to accelerate the construction of two solar power plants with a combined capacity of 30 megawatts (MW) in Colleen Bawn and Bulawayo. The ini...Published: 16 Dec 2024 at 10:33hrs | 174 | by Staff reporter
Cement imports threaten Zimbabwe's economy, warns PPC Zimbabwe
Zimbabwe risks losing approximately US$50 million annually in foreign currency if cement imports continue to flood the market, warns leading cement manufacturer Pretoria Portland Cement (PPC) Zimbabwe...Published: 02 Dec 2024 at 18:57hrs | 1221 | by Staff reporter
PPC Zimbabwe lays off managers
Cement manufacturer PPC Zimbabwe is facing growing discontent among its middle-level management in the southern region following reports that over 20 local managers are set to be laid off as part of a...Published: 27 Nov 2024 at 07:08hrs | 1540 | by Staff reporter
Mthuli Ncube slammed
The Zimbabwe Coalition on Debt and Development (ZIMCODD) has called on Finance Minister Mthuli Ncube to expand the upcoming 2025 National Budget Consultations to allow for more inclusive input from th...Published: 20 Sep 2024 at 08:05hrs | 578 | by Staff reporter
PPC Zimbabwe remits US$11,3m dividend to PPC SA
PPC Zimbabwe remitted R203 million (US$11.3 million) in dividends to its South African parent after a strong performance in the fiscal year ending March 31, 2024. The company's CEO, Matias Ca...Published: 11 Sep 2024 at 08:37hrs | 100 | by Staff reporter
Bulawayo attracts US$135m investment
BULAWAYO has to date attracted investment worth US$135 million in the manufacturing sector, which has seen the creation of more than 33 000 direct jobs, with the Government revealing that the city is ...Published: 19 May 2024 at 10:49hrs | 20 | by Staff reporter
Mnangagwa's stunt at Pupu akin to Hitler officiating at a Jewish synagogue?
It was quite a disturbing and unsettling sight watching President Emmerson Dambudzo Mnangagwa officiating at the unveiling of the Pupu Battlefield Memorial Site in Lupani. This was in ho...Published: 25 Mar 2024 at 20:15hrs | 13 | by Tendai Ruben Mbofana
'Zimbabwe cement manufacturers exceeding local demand'
AFTER years of subdued production, local cement manufacturers are now exceeding local demand, Cabinet has revealed.Some 2.6 million tonnes of cement are now being locally produced against a de...Published: 06 Mar 2024 at 04:42hrs | 3 | by Staff reporter
Mnangagwa's ED-UNZA Scholarship Fund raises US$600,000
THE ED-UNZA (University of Zambia) Scholarship raised US$600 000 during a fundraising dinner held at State House two weeks ago.President Emmerson Mnangagwa is the patron of the fund, which was...Published: 22 Dec 2023 at 18:17hrs | 13 | by Staff reporter
Zimbabwe allows cement imports after prices double
Zimbabweans can now freely import cement, the government says, a response to a doubling of prices caused by surging demand and depressed local production.Cement prices are rising due to a comb...Published: 09 Nov 2023 at 05:57hrs | 11 | by Staff reporter
Local boy steps down as PPC Zimbabwe MD, foreigner takes over
Pretoria Portland Cement (PPC) Zimbabwe Limited has officially announced the resignation of its Managing Director, Mr. Kelibone Masiyane. His successor, Mr. Albert Sigei, is set to assume the role sta...Published: 16 Oct 2023 at 20:17hrs | 33 | by Staff reporter
PPC consolidates shareholding in Zimbabwe unit
Cement manufacturer PPC has increased its shareholding in its Zimbabwean unit to 90% by repurchasing shares previously held by various indigenisation parties. The shares were repurchased at a price of...Published: 21 Sep 2023 at 06:16hrs | 1 | by Staff reporter
Condolence message on death of Insimbi Zezhwane members
The entire Freedom Alliance family is deeply sorry and saddened by the untimely passing on of Elvis 'Ma Eli' Mathe and Thembinkosi 'Maviri' Mpofu who were members of the Insimbi ZeZhwane Music Group. ...Published: 07 Aug 2023 at 19:50hrs | 33 | by Nhlanhla Moses Ncube
Casino Tourism in Norway: Why to Visit
In recent years, casino tourism has become quite popular all over the world. This is especially true in Norway, as the country manages to attract thousands of travelers from all corners of the globe e...Published: 12 Jul 2023 at 08:53hrs | 21 | by David C. Santana
PPC grim warning for Zimbabwe operations
SOUTH Africa's biggest cement producer PPC, which has operations in Zimbabwe, has warned that its headline loss per share from continuing operations will widen to between 7,75c (Rands) and 8,25c to en...Published: 19 Jun 2023 at 06:44hrs | | by Staff reporter
'Zima nominees list detached from reality'
WHILE in other countries music awards have been hailed for recognising creativity, in Zimbabwe awards have been the subject of intense debate forcing many to lose interest in them.Several arti...Published: 10 May 2023 at 06:00hrs | 3 | by Staff reporter
US Dollars replaces Zimbabwe's currency for second time
The greenback has replaced the Zimbabwean dollar as the most-used currency in the southern African nation for a second time, almost four years after the re-introduction of the local unit.US do...Published: 07 Apr 2023 at 10:20hrs | 1 | by Staff reporter
Power outages hit PPC cement sales
REGIONAL cement maker PPC expects sales volumes at its Zimbabwean unit will drop by 14% in the full year compared to the same period last year due to recurrent power outages and grey imports.P...Published: 17 Mar 2023 at 07:28hrs | 1 | by Staff reporter
PPC mulls sale of Zimbabwe unit
PPC Ltd., South Africa's largest cement maker, is considering selling its Zimbabwe business for about $200 million, according to people with knowledge of the matter. The shares surged.A sale w...Published: 07 Feb 2023 at 21:29hrs | 1 | by Staff reporter
Gold mine fined $500 000 for flouting environmental laws
THE Environmental Management Agency (EMA) has fined Jannarch 17 gold mining and milling plant $500 000 for operating a gold mine without an Environmental Impact Assessment (EIA) licence.The mi...Published: 24 Jan 2023 at 16:32hrs | | by Staff reporter
Teachers 4ED take over teachers recruitment
The recently launched Zanu-PF aligned teacher union called Teachers for Economic Development or Teachers4ED seems to have taken over recruitment and deployment of teachers as Zanu-PF is soliciting for...Published: 14 Nov 2022 at 05:18hrs | 1 | by Staff reporter
From Mzilikazi High to the world flying high and far-flung
PROMINENT Zimbabwean lawyer Sternford Moyo is flying high - literally and figuratively. He has been traversing the world as International Bar Association (IBA) president - from Harare to Singapore and...Published: 02 Oct 2022 at 09:07hrs | | by Staff reporter
‘No need for Zimbabwe to import cement'
THERE is no need for Zimbabwe to import cement as it has adequate supplies and capacity to meet all ongoing construction projects by the Government and private sector, PPC Zimbabwe managing director, ...Published: 15 Sep 2022 at 05:48hrs | | by Staff reporter
Matshe Koko's firm to build massive solar plant in Zimbabwe
The Zimbabwe Electricity Transmission and Distribution Company (ZETDC) has signed a power purchasing agreement with a South African independent power producer, Matshela Energy Limited, for a 100MW sol...Published: 05 Aug 2022 at 06:38hrs | 2 | by Staff reporter
'No need to import cement into Zimbabwe'
THE country's leading cement manufacturer, PPC Zimbabwe says they will continuously invest in their operations through maintenance and capital development programmes to ensure excellent product qualit...Published: 26 Jun 2022 at 08:13hrs | 7 | by Staff reporter
PPC downbeat as inflation shakes Zimbabwe
JOHANNESBURG Stock Exchange (JSE)-listed Pan African cement maker, PPC has said its earnings per share (EPS) from the Zimbabwean operations would be undermined by rocketing inflation.Ahead of ...Published: 24 Jun 2022 at 07:41hrs | | by Staff reporter
Zimra installs automated systems to curb corruption
ZIMBABWE Revenue Authority has installed four automated systems in various entry and exit points of the country to curb corruption.ZIMRA ICT Director Shamu Moyo recently said they were making ...Published: 10 May 2022 at 15:13hrs | 7 | by Stephen Jakes
IMF notes show no appetite for reform
The Executive Board of the International Monetary Fund (IMF) concluded its Article IV Consultation with Zimbabwe on 21 March 2022. The press release noted that real Gross Domestic Product (GDP) rose b...Published: 12 Apr 2022 at 16:50hrs | 2 | by Victor Bhoroma
Colleen Bawn segregation: Spacious and crammed villages
VICTORIAN style houses surrounded by beautiful greenery on cosmic pieces of land characterised Village 1, a gated community for the white minority living in Colleen Bawn, Matabeleland South before the...Published: 11 Apr 2022 at 06:31hrs | | by Yoliswa Dube-Moyo
ELVIS NYATHI DEATH: Activists to shutdown SA businesses in Zimbabwe
Zimbabwean activists under the banner of One Africa Movement have threatened to shut down all companies that are owned by South African investors in Zimbabwe over the gruesome murder of one Mbhodazwe ...Published: 08 Apr 2022 at 11:04hrs | 1 | by Mandla Ndlovu
Zimbabwe introduces new ZWL$100 note
The Reserve Bank of Zimbabwe is set to introduc a new ZWL$100 banknote gazetted in Statutory Instrument 68A of 2022 by the Minister of Finance and Economic Development. According to the statut...Published: 06 Apr 2022 at 10:15hrs | 5 | by Mandla Ndlovu
IMF notes show no appetite for reform
The Executive Board of the International Monetary Fund (IMF) concluded its Article IV Consultation with Zimbabwe on 21 March 2022. The press release noted that real Gross Domestic Product (GDP) rose b...Published: 01 Apr 2022 at 12:34hrs | 1 | by Victor Bhoroma
PPC sees annual Zimbabwe cement sales up 25%
PPC, Africa's biggest cement company, says cement sales in Zimbabwe grew 25% year-on-year up to March, on better-than-expected demand from individual buyers and government projects.Cement sale...Published: 25 Mar 2022 at 06:00hrs | 2 | by Staff reporter
Sanctions hurting even their sanction beggars
The newly-formed Progressive and Patriotic Citizens of Zimbabwe (PPCZ), has called for the urgent removal of the illegal sanctions, saying they were hurting the ordinary people, including those that a...Published: 04 Mar 2022 at 05:34hrs | | by Staff reporter
Qeqeshiwe is a national asset
She is a national asset!Actress-cum-musician Qeqeshiwe "Qeqe" Mntambo is floating on top of the cream after being nominated at this year's PPC Zimbabwe Music Awards (ZIMA).She is nomin...Published: 11 Feb 2022 at 05:34hrs | | by Staff reporter
10 tips to boost PPC performance
PPC (Pay Per Click) Marketing is one of the fastest-growing digital marketing channels. With millions of businesses using PPC, competition is high for positions on the search engine results pages (SER...Published: 07 Feb 2022 at 12:58hrs | 2 | by Staff Reporter
Is it too late for Mnangagwa to reverse course?
All reasonable men know that the people of the Rainbird are the "wisest" among the Bantu. I was made aware, quite recently that they also have a weird sense of humour. When a bad character meets his f...Published: 16 Jan 2022 at 08:59hrs | 10 | by Kenneth Mufuka
PPC projects 126% earnings rise
SOUTH African headquartered cement maker PPC says its earnings per share (EPS) for the six months ended September 30, 2021 is expected to be between US$0,63 cents and US$0,68 cents, an increase of bet...Published: 28 Nov 2021 at 08:00hrs | 8 | by Staff reporter
Gwanda Provincial Hospital receives dialysis machine
STANBIC Bank yesterday donated a haemodialysis machine worth US$15 000 to Gwanda Provincial Hospital.Matabeleland South Provincial Development Co-ordinator Ms Latiso Dlamini said Government is...Published: 16 Nov 2021 at 05:41hrs | 16 | by Staff reporter
Inside Colleen Bawn's Makokoba township
The sweltering heat in the mining area of Colleen Bawn, 26km south of Gwanda in Matabeleland South province has driven a handful of thirsty men to the local bar where they sit, drink and exchange chee...Published: 13 Nov 2021 at 05:56hrs | 10 | by Staff reporter
Big Zimbabwean companies are fingered in forex fiddle
TOP executives and directors from up to 20 big companies face imminent arrest following a Reserve Bank of Zimbabwe (RBZ) investigation into massive multi-million-dollar fraud involving the country's f...Published: 08 Oct 2021 at 18:58hrs | 11 | by Staff reporter
Construction firms cash in on Zimbabwe's growing infrastructural spending
AS construction spending by government, mines and individual home builders grows, the tills are ringing at some of Zimbabwe's listed companies.Between January and June, government spent $21,2 ...Published: 08 Oct 2021 at 06:30hrs | 8 | by Staff reporter
PPC projects jump in volumes
REGIONAL cement producer, PPC Limited, is forecasting its local unit - PPC Zimbabwe's volume performance for the half year to September 30, 2021 to be ahead of prior year level on the back of strong r...Published: 07 Oct 2021 at 07:02hrs | 6 | by Staff reporter
Moyo appointed Delta board chair
Delta Corporation has announced the appointment of lawyer Mr Sternford Moyo as new chairman of the board. Mr Moyo replaces Mr Canaan Dube who retired from the board on July 31, 2021. Dube had ...Published: 10 Aug 2021 at 06:37hrs | | by Staff reporter
How to bet smart on the NBA
The National Basketball Association draws followers from across the globe, with fans travelling to attend matches and soak up the atmosphere of a major professional basketball fixture. Others enjoy wa...Published: 04 Aug 2021 at 11:25hrs | 4 | by Staff writer
Zida boss raises red flag
ZIMBABWE Investment and Development Agency (Zida) CEO Douglas Munatsi says he is worried about government's failure to protect investors.Investor protection has been a thorny issue in Zimbabwe...Published: 01 Aug 2021 at 06:49hrs | 1 | by Staff reporter
PPC receives US$11,2 million legacy debt payment from RBZ
CEMENT maker, PPC Zimbabwe, has acknowledged receipt of US$11,2 million from the Reserve Bank of Zimbabwe under the legacy debts repayment facility.The debt accrued as a result of cash flows g...Published: 20 Jul 2021 at 18:47hrs | 2 | by Staff writer
Inconsistent funding hampering Gwayi-Shangani dam completion
Inconsistent funding of the Gwayi-Shangani dam in Matabeleland North is hampering its completion, a ZINWA official has said.The project which was awarded to China International Water and Elect...Published: 08 Jul 2021 at 19:16hrs | 1 | by Staff reporter
Zanu-PF to demand vaccine certificates
Zanu-PF deputy Masvingo provincial chairperson and Zaka North MP Robson Mavhenyengwa says Covid-19 vaccination certificates will soon be used to access party meetings.Mavhenyengwa was speaking...Published: 04 Jul 2021 at 14:15hrs | | by Staff reporter
Covid-19 vaccination slips to be passport for Zanu-PF meetings
Zanu-PF Deputy Provincial Chairperson and Zaka North member (MP) of Parliament Robson Mavhenyengwa has said Covid-19 vaccination slips will soon be used as gate passes to party meetings.Mavhen...Published: 03 Jul 2021 at 18:40hrs | 10 | by Staff reporter
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