Search / Ppp
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 | 6278 | 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 | 112 | 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 | 373 | 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 | 411 | 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 | 2158 | 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 | 1291 | 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 | 57 | 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 | 747 | 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 | 901 | 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 | 707 | 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 | 13 | 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 | 79 | 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 | 59 | 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 | 29 | 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 | 30 | 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 | 3 | 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 | 14 | 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 | 11 | 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 | 7 | 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 | 8 | 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 | 3 | 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 | 3 | 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 | 6 | 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 | | 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 | 7 | 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
More land for Bulawayo housing
THE Bulawayo City Council (BCC) said it is committed to availing more land for servicing into residential stands building on the success of the Public Private Partnerships model to reduce the housing ...Published: 18 Jun 2023 at 08:37hrs | | by Staff reporter
Chinese diplomat detaches country policy from offending firms in Zimbabwe
Economic and Commercial Counsellor at the Chinese embassy to Zimbabwe, Huang Minghai says some of the unscrupulous behaviour seen of some Chinese firms operating in Zimbabwe is not part of the Asian c...Published: 24 May 2023 at 17:12hrs | 1 | by Staff reporter
Mnangagwa chopper deal raises stink?
President Emmerson Mnangagwa has been criticised for presiding over a controversial deal that saw Zimbabwe acquire 32 helicopters from Russia worth a staggering US$320 million without following laid d...Published: 21 May 2023 at 08:14hrs | | by Staff reporter
Russian choppers deal raises dust
ZIMBABWE yesterday took delivery of 18 helicopters from Russia under a public-private partnership (PPP) deal, but critics questioned why their procurement has been shrouded in secrecy.Governme...Published: 19 May 2023 at 20:43hrs | | by Staff reporter
Home Affairs secretary in meddling storm
HOME Affairs permanent secretary Gerald Gwinji has been accused of meddling in a case where he made attempts to summon his counterpart, secretary for Local Government ministry Zvinechimwe Churu, on be...Published: 05 May 2023 at 06:20hrs | | by Staff reporter
Lawyers make demands to Simba, Bona over Carrick Creagh stands
Lawyers representing Arosume Property Development (Pvt) Limited, Jiti Law Chambers are demanding that Ms Bona Ouma Nyepudzai Mugabe and Mr Simba Chikore remove all the Carrick Creagh stands totalling ...Published: 05 May 2023 at 06:14hrs | | by Staff reporter
Bona, Chikore don't own land in Carrick Creagh'
A private land development company, Arosume Property Development (Pvt) Limited, has said that the stands totalling 213 794 square metres in Carrick Creagh and listed in divorce papers as belonging to ...Published: 04 May 2023 at 06:01hrs | 2 | by Staff reporter
TTI, BCC making 'super profits' from parking system deal
IT seems Bulawayo motorists who were boycotting the parking management system introduced in the city in mid-February last year have bowed down to pressure amid revelations that the parking management ...Published: 10 Mar 2023 at 05:22hrs | 2 | by Staff reporter
Mnangagwa in Lupane on National Youth Day
PRESIDENT Mnangagwa is expected to be the guest of honour at this year's National Youth Day commemorations that will be held in Lupane where more than 5 000 youths from across the country will converg...Published: 05 Feb 2023 at 08:26hrs | | by Staff reporter
Zimbabwe aims for top spot in carbon steel production
ZIMBABWE is now on a sustainable economic growth path following a number of interventions and is set to become one of the top carbon steel producers in sub-Saharan Africa in the next three years on th...Published: 30 Jan 2023 at 07:10hrs | 1 | by Staff reporter
Mliswa calls ex-finance minister 'bipolar, lunatic and a criminal'
THE suspension of Zanu-PF Mashonaland West Youth League chairman, Tapiwa Masenda, for allegedly beating up a Chinese miner has reportedly ignited fresh turmoil amid vein intervention by Vice President...Published: 19 Jan 2023 at 13:13hrs | | by Staff reporter
Five man gang rob guns at a Chinese Mine
Five unknown robbers allegedly pounced on a Chinese mine in Bindura and disarmed security guards before robbing them of the company's riffles.According to Mashonaland Central acting police spo...Published: 14 Dec 2022 at 17:41hrs | 3 | by Simbarashe Sithole in Bindura
Additional staff deployed at Zimbabwe borders
WITH the anticipated huge volume of human and vehicular traffic this festive season in the aftermath of the last two years of Covid-19 travel restrictions, the country's border authorities say they ha...Published: 11 Dec 2022 at 08:53hrs | | by Staff reporter
Zimbabwe's 24 500km road network to be revamped by 2025
THIS week Zimbabwe Independent (ZI) business reporter, Freeman Makopa caught up with Transport and Infrastructural Development minister Felix Mhona (FM) to discuss updates in the progress of crucial i...Published: 09 Dec 2022 at 17:55hrs | 3 | by Staff reporter
Load More Stories
