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SADC headquarters handed over to Mnangagwa
The Southern African Development Community (SADC) Headquarters Building has officially been handed over to Zimbabwe's President, Emmerson Mnangagwa, who currently serves as the Chairman of the regiona...Published: 13 Dec 2024 at 14:48hrs | 1214 | by Staff reporter
Mnangagwa going to Botswana
President Emmerson Mnangagwa is set for a packed itinerary today as he makes his maiden visit to the Southern African Development Community (SADC) Secretariat Headquarters in Gaborone, Botswana, since...Published: 13 Dec 2024 at 06:44hrs | 636 | by Staff reporter
Mthuli Ncube unveils ambitious infrastructure funding overhaul
Finance, Economic Development, and Investment Promotion Minister Professor Mthuli Ncube has announced plans to restructure the sinking fund and expand the e-tolling system to secure sustainable revenu...Published: 09 Dec 2024 at 06:44hrs | 1019 | by Staff reporter
Zimbabwe boosts border efficiency for festive season
Beitbridge Border Post, one of the busiest entry points into Zimbabwe, is preparing for a surge in traffic as authorities reactivate the Border Efficiency Management Systems (BEMS) in anticipation of ...Published: 04 Dec 2024 at 06:43hrs | 102 | by Staff reporter
Forbes Border Post upgrade project approved
Cabinet has approved a public-private partnership (PPP) between the Ministry of Transport and Infrastructural Development and the Forbes Border Consortium, ushering in a new phase of modernisation for...Published: 01 Dec 2024 at 08:55hrs | 505 | by Staff reporter
US$88million needed for airports upgrade
The Airports Company of Zimbabwe (ACZ) requires US$88 million in the 2025 financial year to fund critical infrastructure development projects, including the construction and refurbishment of airports ...Published: 22 Nov 2024 at 07:02hrs | 154 | by Sgtaff reporter
5MW plant commissioned at Mutirikwi Dam
A major step forward in Zimbabwe's energy sector was made on Saturday with the commissioning of a five-megawatt hydropower project at Mutirikwi Dam. The plant, a collaboration between local and foreig...Published: 21 Nov 2024 at 06:30hrs | 303 | by Staff reporter
Zimbabweans to endure 6 more years with load shedding
The Zimbabwe Electricity Supply Authority (Zesa) is undertaking energy generation projects worth 3,000MW to eliminate load-shedding and achieve universal electricity access by 2030. The initiatives ar...Published: 20 Nov 2024 at 06:49hrs | 302 | by Staff reporter
Underfunding sinks Zimbabwe school projects
Government-funded school projects are progressing at a snail's pace, with many targets missed due to insufficient funding from Treasury, according to a Parliamentary Portfolio Committee report. The re...Published: 19 Nov 2024 at 08:50hrs | 65 | by Staff reporter
BCC to appoint independent regulator for city parking issues
The Bulawayo City Council (BCC) has announced plans to introduce an independent supervisory body to oversee and investigate complaints related to the city's parking management system, currently operat...Published: 19 Nov 2024 at 08:48hrs | 272 | by Staff reporter
'TTI operating at a loss in Bulawayo'
Tendy Three Investments (TTI), the company contracted to manage parking bays in Bulawayo, is reportedly operating at a significant loss and has proposed a drastic shift in its public-private partnersh...Published: 15 Nov 2024 at 08:38hrs | 2004 | by Staff reporter
Chiwenga calls for stronger public-private partnerships
Vice-President Dr. Constantino Chiwenga emphasized the need for stronger partnerships between the Zimbabwean Government and private sector to accelerate infrastructure development and propel economic ...Published: 08 Nov 2024 at 06:59hrs | 65 | by Staff reporter
Victoria Falls to get two new upmarket hotels
Zimbabwe's premier tourist destination, Victoria Falls, is set to see the construction of two luxury hotels, valued at a combined US$114.3 million, which will significantly boost the city's hospitalit...Published: 08 Nov 2024 at 06:49hrs | 227 | by Staff reporter
Joint venture to upgrade Harare-Nyamapanda Road
The Zimbabwean Cabinet, under the leadership of Honourable Anxious Masuka, Minister of Lands, Agriculture, Fisheries, Water and Rural Development, convened to review the latest developments on the 202...Published: 07 Nov 2024 at 06:57hrs | 204 | by Staff reporter
IMF upgrades Russia to world's fourth-largest economy
The International Monetary Fund (IMF) has ranked Russia as the world's fourth-largest economy based on purchasing power parity (PPP). PPP compares economic produc...Published: 24 Oct 2024 at 16:21hrs | 6321 | by Staff reporter
Zimbabwe attracts US$1.2 billion in investments in Q3 of 2024
Zimbabwe attracted investments worth US$1.2 billion during the third quarter of 2024, with 168 new licences issued to investors by the Zimbabwe Investment and Development Agency (ZIDA), according to a...Published: 23 Oct 2024 at 07:45hrs | 121 | by Staff reporter
Bopoma Dam construction to be fast-tracked
The Government will soon fast-track the construction of the Glassblock Bopoma Dam in Insiza District, Matabeleland South Province, as part of efforts to ease water shortages in Bulawayo and promote ru...Published: 14 Oct 2024 at 08:09hrs | 410 | by Staff reporter
Bulawayo, TTI rake in over US$600,000 in parking, clamping fees
Bulawayo City Council (BCC) has reported a successful partnership with parking management company Tendy Three Investments (TTI), generating over US$600,000 in revenue from parking fees and vehicle cla...Published: 02 Oct 2024 at 07:51hrs | 460 | by Staff reporter
JR Goddard roped in to construct Bopoma Glassblock Dam
The Zimbabwean government has endorsed the construction of the Bopoma Glassblock Dam in Matabeleland South province through a public-private partnership (PPP), aimed at bolstering bulk water supplies ...Published: 02 Oct 2024 at 07:49hrs | 2239 | by Staff reporter
Victoria Falls Road set for immediate upgrade
The Government has approved a Public-Private Partnership (PPP) with Bitumen World to rebuild the Beitbridge-Bulawayo-Victoria Falls Road, with work set to begin immediately. This was announced by Info...Published: 02 Oct 2024 at 07:46hrs | 1347 | by Staff reporter
Slow-pace BF upgrades frustrate councillors
THE Bulawayo City Council (BCC) Councillors have expressed concern over the slow pace of upgrading Barbourfields Stadium to meet international standards to host international games.According t...Published: 06 Sep 2024 at 07:50hrs | 166 | by Staff reporter
Mohadi rallies mining investors
Vice President Kembo Mohadi has urged investors from Indonesia and other countries to explore mining opportunities in Zimbabwe, emphasizing the importance of local value addition and beneficiation. ...Published: 04 Sep 2024 at 07:49hrs | 58 | by Staff reporter
Mashonaland's new city takes shape
The Government of Zimbabwe has commenced servicing land in Mt Hampden, where the new commercial and administrative capital will be established. This follows the recent repossession of 47 farms coverin...Published: 25 Aug 2024 at 11:18hrs | 750 | by Staff reporter
Old Gwanda Road construction to commence this month-end
The construction and upgrading of the 120-kilometer Bulawayo-Old Gwanda Road by Zwane Enterprises, under a US$110 million Public-Private Partnership (PPP), is set to begin at the end of this month. ...Published: 18 Aug 2024 at 12:23hrs | 933 | by Staff reporter
Zimbabwe's ZIDA attracts US$1,8bn investment
Zimbabwe attracted investments totaling US$1.8 billion in the second quarter of the year, with US$745 million in the manufacturing sector and US$282.7 million in mining. The Zimbabwe Investment and De...Published: 03 Aug 2024 at 12:26hrs | 61 | by Staff reporter
Zimbabwe to utilise PPPs to expedite roads rehab in Matebeleland
The Ministry of Transport and Infrastructural Development says it is utilising Public-Private Partnerships (PPPs) to expedite the rehabilitation of some dilapidated roads in the Matabeleland region....Published: 26 Jul 2024 at 09:05hrs | 720 | by Staff reporter
The Sentry report on Mutapa Fund is shallow and weak
I had the MISFORTUNE of going through a report prepared and distributed by The Sentry, possibly written by an excitable Nick Donovan. Long story short, the report is shallow and weak. Here is ...Published: 04 Jul 2024 at 16:37hrs | 14 | by MMatigary
Tackling Zimbabwe's property price surge
The Zimbabwean property market is facing significant challenges, marked by skyrocketing property prices that seem incongruous when compared to those in neighbouring South Africa.These challeng...Published: 24 Jun 2024 at 10:13hrs | 81 | by Dr Bekithemba Mpofu
Zimbabwe rated Africa's most expensive economy
Zimbabwe was recently identified as Africa's most expensive country according to a comprehensive study by the African Development Bank (AfDB). The study assessed power purchasing parities (PPPs) and e...Published: 15 Jun 2024 at 11:13hrs | 65 | by Staff reporter
Gvt partners with Sakunda to invest in upgraded seating for National Sports Stadium
The Government, in partnership with Sakunda Holdings, has invested in upgrading the National Sports Stadium, paving the way for international events to return to Zimbabwe. This development is ...Published: 10 Jun 2024 at 09:45hrs | 37 | by Tonderai Ndoro
Rejuvenating the Real Estate Market in Matabeleland, Zimbabwe: Strategies for Development and Competitiveness
Chief Real Estate Officer, Integrated Properties Zimbabwe, a nation with a storied history and a vibrant yet tumultuous economy, faces multifaceted chal...Published: 19 May 2024 at 20:58hrs | 31 | by Dr Bekithemba Mpofu
Mnangagwa power retention scheme raises dust
Manoeuvres by President Emmerson Mnangagwa's government to amend the constitution have raised concern that the 82-year-old ruler wants to reverse progressive electoral reforms and return the country t...Published: 31 Mar 2024 at 16:37hrs | 4 | by Staff reporter
47 farms earmarked for new city
FORTY-SEVEN farms in Mashonaland West and Mashonaland Central provinces have been earmarked for the development of the new capital city in Mt Hampden, where work on core infrastructure, which includes...Published: 10 Mar 2024 at 06:24hrs | 16 | by Staff reporter
Zimbabwe moves to address investor concerns
THE Zimbabwe Investment and Development Agency (Zida) is working round the clock to operationalise a system for resolving investor complaints in line with international best practices.The syst...Published: 27 Feb 2024 at 04:41hrs | | by Staff reporter
Mthuli Ncube wants PPPs in stadiums revamp
FINANCE, Economic Development and Investment Promotions minister Mthuli Ncube has urged private players to come on board to help revamp stadiums. Ncube said private players could come on board under t...Published: 29 Jan 2024 at 07:02hrs | | by Staff reporter
Calls for urgent repair of Victoria Falls, Tsholotsho, Nkayi roads grow louder
MATEBELELAND North Provincial Affairs and Devolution Minister, Richard Moyo, has urged the Treasury and the Ministry of Transport and Infrastructural Development to speed up the rehabilitation of the ...Published: 08 Jan 2024 at 05:32hrs | 14 | by Staff reporter
BCC addresses housing backlog
BULAWAYO City Council (BCC) is moving towards reducing the city's housing backlog through public-private partnerships (PPPs), among other interventions.Bulawayo's housing backlog stands at ove...Published: 27 Dec 2023 at 10:08hrs | 10 | by Staff reporter
Zimbabwe attracts US$8bn investments in 2023
Zimbabwe this year attracted investments worth US$8 billion, double the amount that had been targeted by the Zimbabwe Investment and Development Agency (ZIDA) at the beginning of the year, as the Seco...Published: 29 Nov 2023 at 05:07hrs | 11 | by Staff reporter
Zimbabwe, SA leaders meet over border issues
Today, President Mnangagwa is scheduled to meet with his South African counterpart, Mr. Cyril Ramaphosa, to inaugurate the Border Management Authority (BMA) in Musina, Limpopo Province. The two leader...Published: 05 Oct 2023 at 07:01hrs | | by Staff reporter
Mnangagwa, Ramaphosa to meet in Musina today
PRESIDENT Mnangagwa will today meet his South African counterpart, Cyril Ramaphosa, during the launch of the neighbouring country's Border Management Authority (BMA) in Musina, Limpopo Province....Published: 04 Oct 2023 at 23:23hrs | | by Staff reporter
Mnangagwa's son calls for urgent finance mobilisation
David Kudakwashe Mnangagwa, the newly-appointed Deputy Finance Minister, has emphasized the urgent need to explore innovative ways of mobilizing public and private resources to support sustainable eco...Published: 02 Oct 2023 at 06:27hrs | 4 | by Staff reporter
New 60-bed hospital takes shape in Bulawayo's Parklands
A BULAWAYO entrepreneur, Mr Victor Moyo is building a 60-bed hospital in Parklands suburb, a development that will complement Government efforts to improve access to healthcare services in the city....Published: 18 Sep 2023 at 06:58hrs | 1 | by Staff reporter
Bulawayo students' complex already full
SPACE at the US$17 million student accommodation complex in Bulawayo is reportedly full as a number of students from different institutions have taken up residence with hundreds who have been making e...Published: 10 Sep 2023 at 08:56hrs | 4 | by Staff reporter
Zimbabwe's Beitbridge border post project a flagship PPP
South African infrastructure development and construction materials supply group Raubex CEO Felicia Msiza enthuses that the project Raubex completed for the Zimbabwean government's road authority Zimb...Published: 06 Sep 2023 at 20:24hrs | 4 | by Cameron Mackay
PPP backs Chamisa
THE People's Patriotic Party (PPP) has declared that it is rallying behind Citizens Coalition for Change (CCC) leader Nelson Chamisa's bid to be Zimbabwe's next president.In a statement yester...Published: 23 Aug 2023 at 06:35hrs | 10 | by Staff reporter
'NRZ is an economic enabler'
NATIONAL Railways of Zimbabwe (NRZ) general manager Respina Zinyanduko has called for the recapitalisation of the parastatal so that it plays its economic transformative role by providing cost-e...Published: 25 Jul 2023 at 06:45hrs | | by Staff reporter
NRZ gets US$115m loan to procure new locomotives, wagons
A NEW era is beckoning for the National Railways of Zimbabwe (NRZ), which is expected to tap into a US$115 million line of credit negotiated by the Government towards procurement of new locomotives an...Published: 25 Jul 2023 at 06:39hrs | 1 | by Staff reporter
Zida approved 4 PPPs in Q2
THE Zimbabwe Investment and Development Agency (Zida) approved four public-private partnerships (PPPs) in the second quarter of this year, with a combined value of more than US$186 million.The...Published: 17 Jul 2023 at 06:58hrs | 9 | by Staff reporter
Sweet news for CCC: Bad news for residents, Zanu-PF
There is sweet news for Citizens Coalition for Change (CCC) in Masvingo after the party successfully negotiated for withdrawal of two of its members who had contested, one as independent and the other...Published: 04 Jul 2023 at 08:06hrs | | by Staff reporter
Dinson Iron and Steel Company seeks partners for Manhize-Beira rail project
PLANS are at an advanced stage for the construction of a dedicated railway line to connect the US$1,5 billion Dinson Iron and Steel Company (Disco) Manhize plant to Beira in Mozambique, which will enh...Published: 22 Jun 2023 at 06:36hrs | 1 | by Staff reporter
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