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Zimbabwe unveils industrial growth blueprint for automotive sector
The Zimbabwe Industrial Reconstruction and Growth Plan (ZIRGP), a targeted economic manufacturing initiative, has outlined key strategies to boost domestic production of buses and trucks. Running from...Published: 30 Oct 2024 at 07:52hrs | 91 | by Staff reporter
NRZ struggles amid sanctions, as revival efforts falter
In its prime, the National Railways of Zimbabwe (NRZ) was the backbone of the nation's transport system, transporting passengers across the country and facilitating the movement of goods beyond Z...Published: 19 Oct 2024 at 12:07hrs | 136 | by Staff reporter
Zimbabwe has US billion dollars overseas, can wipe out debt within 24 hrs
The recent Bulawayo24 article tells us that Zimbabwe is cash-strapped: it has a staggering debt of US$ 31billion; both domestic and international. This statement is partly true. In paper, Zimbabwe is ...Published: 13 Oct 2024 at 19:56hrs | 25143 | by Nomazulu Thata
Mnangagwa's govt in a fix as ZiG is rejected
The Zimbabwean government's efforts to promote the use of the Zimbabwe Gold (ZWG) currency have hit a major hurdle, as wheat farmers have refused to accept payment in local currency for their deliveri...Published: 18 Sep 2024 at 08:30hrs | 5439 | by Staff reporter
Zimbabwe's ballooning US$21 billion debt spirals out of hand
Citizen Coalition for Change (CCC) Mbizo Member of Parliament (MP), Corban Madzivanyika, has raised alarm over Zimbabwe's escalating public debt, which has now surpassed US$21 billion. During a recent...Published: 15 Sep 2024 at 10:06hrs | 1800 | by Staff reporter
Harare - Chitungwiza railway line latest
The long-awaited construction of the Harare-Chitungwiza railway line has received a major boost following the signing of a Memorandum of Understanding (MoU) between Zimbabwe and China during the recen...Published: 13 Sep 2024 at 08:01hrs | 429 | by Staff reporter
Mthuli Ncube backs down on taxes
The Zimbabwean government has removed value-added tax (VAT) from selected meat products, reduced presumptive taxes for informal traders, and mandated that all government service fees be paid in local ...Published: 26 Jul 2024 at 06:39hrs | 1592 | by Staff reporter
NRZ targets US$100m revenue in 12 months
The National Railways of Zimbabwe (NRZ) aims to generate approximately US$100 million in revenue by 2025 by leveraging its extensive real estate holdings. While cargo transportation remains a key reve...Published: 04 Jul 2024 at 09:02hrs | 8 | by Staff reporter
Mutapa portfolio grows to 66 companies
The Mutapa Investment Fund (Mutapa) manages a diverse portfolio of 66 state-owned enterprises (SOEs), their subsidiaries, and state-invested enterprises (SIEs). This portfolio includes entities in var...Published: 16 Jun 2024 at 09:13hrs | 25 | by Staff reporter
NRZ, Chinese firm in US$500 million investment deal
THE National Railways of Zimbabwe (NRZ) is gaining momentum in its recapitalisation efforts, as it has signed a lucrative agreement with TransTech, a subsidiary of China Railway International Group (C...Published: 20 May 2024 at 09:24hrs | 35 | by Staff reporter
Mnangagwa says Zimbabweans must not be shy to make money
Zimbabweans should not hesitate to make money, as the government has created a conducive environment for economic success, President Emmerson Mnangagwa stated.Speaking at the commissioning of ...Published: 18 May 2024 at 10:59hrs | 14 | by Staff reporter
South Africa launches bid to recapture Zimbabwean prison escapee
Prison authorities in South Africa have launched a manhunt for Clatta Gumbo, a Zimbabwean inmate who on Monday staged a dramatic escape from custody after overpowering his guard when he was briefly bo...Published: 14 Feb 2024 at 04:52hrs | 1 | by Staff reporter
Zimbabwe's ailing SOEs owe Chinese, Indian banks US$1.7billion
ZIMBABWE has accessed loans of up to USS$1.7 billion from Chinese and Indian banks to shore up technically insolvent state-owned enterprises (SOEs), a leading regional financier has revealed.A...Published: 31 Dec 2023 at 12:57hrs | 8 | by Staff reporter
Chamisa no longer needs any of the top leaders from the MDC era around him
My simple suggestion to President Celson Chamisa to solve the problem of differences with his leadership colleagues within CCC:All indications suggest that, for reasons that he has given much ...Published: 17 Dec 2023 at 21:02hrs | | by Chofamba
World Bank hails Zimbabwe's tight Monetary Policy stance
THE World Bank (WB) has commended the Reserve Bank of Zimbabwe (RBZ) for putting in place a tight Monetary Policy alongside other interventions which have managed to ease inflationary pressures....Published: 14 Dec 2023 at 03:57hrs | | by Staff reporter
Modernisation of ZDF top priority
The recapitalisation and modernisation of the Zimbabwe Defence Forces is a Government commitment through research, development and learning from friendly nations, the Minister of Defence Oppah Muching...Published: 06 Dec 2023 at 05:03hrs | 9 | by Staff reporter
Masca dismisses accusations of mismanagement as blatant false
Medical Aid Society Central Africa (MASCA) has dismissed the accusations of mismanagement by sources within the organisation as false and defamatory in the process demanding a retraction for the publi...Published: 01 Dec 2023 at 10:48hrs | 7 | by Stephen Jakes
ZETDC calls for private investment in energy sector
The country's power utility, the Zimbabwe Electricity Transmission and Distribution Company (ZETDC), has implored economic players across all sectors to invest in renewable energy to complement govern...Published: 28 Nov 2023 at 05:15hrs | 1 | by Staff reporter
US$115m loan for NRZ imminent
The National Railways of Zimbabwe is on the verge of finalizing a loan agreement of US$115 million with the African Export-Import Bank (Afreximbank). Out of this amount, $81 million will be allocated ...Published: 29 Oct 2023 at 12:25hrs | | by Staff reporter
NRZ adopts strategy to reboot operations
The National Railways of Zimbabwe (NRZ) has announced a new inward-looking strategy aimed at enhancing its operations and efficiency. This initiative seeks to leverage domestic solutions to a...Published: 24 Oct 2023 at 05:54hrs | | by Staff reporter
WATCH: Mayor David Coltart Takes the Lead in Transforming Bulawayo with 'Big Spring Clean Up'
Bulawayo, October 2, 2023 - In a remarkable display of leadership and community engagement, Mayor David Coltart has taken the initiative to lead the charge in revitalizing the streets of Bulawayo thro...Published: 02 Oct 2023 at 22:10hrs | 14 | by Moyo Roy
Mutapa looting machine
PRESIDENT Emmerson Mnangagwa is full of surprises.He wants to be seen to be doing something and, in many instances, creates new offices that in reality are as clear as mud.Mutapa Inves...Published: 23 Sep 2023 at 21:34hrs | | by Paidamoyo Muzulu
South African media has failed to bring regime change in Zimbabwe
Over the past 22 years since sanctions were imposed on Zimbabwe, western governments have invested billions of dollars into South African white owned media, with the aim of discrediting Zanu-PF. ...Published: 29 Aug 2023 at 12:34hrs | | by Rutendo Matinyarare
Citizens unite - Zimbabwe decides
Polls have now opened on the most important election day in Zimbabwe's modern history. An estimated 6.6 million Zimbabweans will cast their votes today in presidential, parliamentary and council elect...Published: 23 Aug 2023 at 07:21hrs | 13 | by Charles Kwaramba - CCC Presidential Chief Elections Agent
State of the race - Two days to go
There are just two days to go before voting commences in Zimbabwe's harmonized general elections. Polls open at 07:00 on Wednesday 23 August and close at 19:00. 6.6 million Zimbabweans are expected to...Published: 21 Aug 2023 at 13:47hrs | 7 | by Dr. Tapiwa Shumba
Chiwenga says Mnangagwa deserves another term
VICE-PRESIDENT Dr Constantino Chiwenga yesterday implored the electorate to vote for President Mnangagwa in the August 23 harmonised elections as he has religiously fulfilled the promises he made when...Published: 03 Aug 2023 at 06:44hrs | 8 | by Staff reporter
Powertel to invest US$50m towards network expansion
POWERTEL Communications, a subsidiary of Zesa Holdings, has revealed plans to invest in excess of US$50 million towards network expansion and rural datafication, as it increases connectivity across th...Published: 01 Aug 2023 at 06:32hrs | 6 | by Staff reporter
New brooms at NRZ
THE National Railways of Zimbabwe (NRZ) has appointed Ainah Dube-Kaguru as new chief operations officer (COO) while Patrick Mwashita was appointed to the position of chief finance officer.The ...Published: 27 Jul 2023 at 06:38hrs | 2 | 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
Zapu promises to grow economy by US$80bn in poll manifesto
The Zimbabwe African People's Union (Zapu) has outlined plans to build a US$80 billion economy in the next 20 years if voted into power in next month's elections.The opposition which is not fi...Published: 18 Jul 2023 at 21:10hrs | 7 | by Staff reporter
Unifreight eyes cross-border business
LISTED transport and logistics firm Unifreight Africa Limited has revealed plans to diversify and de-risk the business by actively pursuing cross-border and contract haulage.The company, which...Published: 12 Jul 2023 at 08:18hrs | | by Staff reporter
Harare City Council backs down on US dollar billing
The Harare City Council (HCC) has reversed its controversial decision to bill rate payers in US dollars only following a treasury order for the local authority to abandon the action.Town House...Published: 05 Jul 2023 at 07:11hrs | | by Staff reporter
Zimbabwe pens US$81,2m NRZ wagons, locomotives deal
THERE is a ray of light for the National Railways of Zimbabwe (NRZ), after Government signed a US$81,2 million deal with India for the procurement of 315 wagons and nine locomotives.The potentiall...Published: 16 Jun 2023 at 07:48hrs | | by Staff reporter
Russia warns West against 'playing with fire'
The US and its allies are "playing with fire" by doubling down on their support for Kiev amid the conflict with Moscow, including by planning to provide Ukraine with F-16 fighter jets, Russian Foreign...Published: 28 May 2023 at 14:48hrs | 1 | by Staff reporter
Massive staff exodus hits Mutare
MASSIVE staff exodus has hit Mutare City Council's fire and health departments as employees seek greener pastures due to poor remuneration and working conditions.In her presentation to the res...Published: 03 Apr 2023 at 06:28hrs | | by Staff reporter
Mnangagwa asked to intervene in mine row
THE Ministry of Industry and Commerce has requested President Emmerson Mnangagwa to intervene in a mining wrangle between Chemplex Corporation and a former executive with the Industrial Development Co...Published: 25 Feb 2023 at 07:09hrs | 5 | by Staff reporter
Mnangagwa's govt rejects ZESA tariff plan
The Reserve Bank of Zimbabwe (RBZ) has shot down a proposal by ZESA Holdings for businesses to wholly pay electricity tariff in United States dollar following the government's policy to align tariff p...Published: 24 Feb 2023 at 07:44hrs | 6 | by Staff reporter
Turkish firm makes headway in NRZ deal
THE National Railways of Zimbabwe (NRZ) says Turkish investor Yapi Merkezi, which plans to recapitalise and modernise its railway system, has completed a feasibility study on the project.In 20...Published: 19 Feb 2023 at 17:35hrs | 10 | by Staff reporter
Fresh moves to promote use of Zimdollars
GOVERNMENT will enhance tax collections in local currency and maintain interest rates at par with inflation to promote the use of the Zimbabwe dollar in local transactions, Treasury has said.A...Published: 12 Feb 2023 at 07:35hrs | | by Staff reporter
Zesa mulls switch to forex-indexed power tariff
POWER utility Zesa Holdings Limited wants all of its clients, including industries, to pay their electricity bills in foreign currency to fulfil its power import commitments, Zimbabwe Independent can ...Published: 12 Feb 2023 at 07:26hrs | | by Staff reporter
Mnangagwa, Lukashenko to visit Victoria Falls today
PRESIDENT Mnangagwa and his Belarusian counterpart President Aleksandr Lukashenko are expected to visit the tourism city of Victoria Falls this morning as the two countries seek to cement relations ac...Published: 01 Feb 2023 at 07:40hrs | 7 | by Staff reporter
Appointment of 81 year old Col Dube to NRZ board clarified
THERE is nothing irregular about the appointment of former Cabinet Minister and freedom fighter Colonel (Retired) Tshinga Dube to the board of the National Railways of Zimbabwe (NRZ) since this was ju...Published: 30 Jan 2023 at 07:10hrs | | by Staff reporter
$6 billion for new Zupco buses
Government will spend $6 billion to recapitalise Zupco next year in a development set to enhance service delivery and modernise the mass public transport system.Presenting the 2023 National Bu...Published: 04 Dec 2022 at 08:05hrs | | by Staff reporter
US$1,5m biscuit plant opens in Bulawayo
AGRO-PROCESSING factory, Flynote Investments Private Limited, has channelled more than US$1,5 million towards the establishment of new biscuit and stockfeed manufacturing units.Flynote Investm...Published: 30 Nov 2022 at 05:03hrs | | by Staff reporter
Diarrhoea outbreak hits Harare
Harare recorded over 1 100 cases of diarrhoea between October 24 and November 20, with the authorities citing the city's failure to provide clean running water, collect refuse and attend to burst sewe...Published: 27 Nov 2022 at 14:52hrs | 1 | by Staff reporter
Govt to recruit 7 000 teachers
The GOVERNMENT will recruit an additional 7 000 teachers next year to enhance the delivery of quality education, with special focus on infant education.In the 2023 National Budget tabled in Pa...Published: 27 Nov 2022 at 14:51hrs | | by Staff reporter
Air Zimbabwe optimistic of IATA re-admission
THE country's national airline, Air Zimbabwe, is optimistic of being re-admitted into the International Air Transport Association (IATA) as Government has cleared 90 percent of its debt to the interna...Published: 13 Nov 2022 at 17:29hrs | 11 | by Staff reporter
Zanu-PF 'poll surge' faces Binga test after Mwonzora triggers 6 by-elections
Zanu-PF's assumed clout in recapturing parts of opposition territory while protecting its own comes under check this December when party candidates face off with CCC opponents in six Binga Rural Distr...Published: 27 Oct 2022 at 18:15hrs | | by Staff reporter
Drones help NRZ recover stolen equipment
THE National Railways of Zimbabwe (NRZ) has recovered the bulk of its stolen equipment following the massive capacitation of its loss control unit in terms of human resources and acquisition of drones...Published: 17 Oct 2022 at 06:05hrs | | by Staff reporter
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