Search / Re-industrialisation
11 Chinese investors eye Bulawayo for multi-billion dollar projects
Bulawayo is poised for a significant boost in its re-industrialisation initiatives as 11 prominent Chinese companies have expressed interest in investing in the city. These firms, which span sectors s...Published: 03 Nov 2024 at 10:14hrs | 1575 | by Staff reporter
Bulawayo sees surge in building investments
Bulawayo, once Zimbabwe's industrial hub, is experiencing a significant re-industrialisation drive, with increasing investor interest and the launch of multi-million dollar projects aimed at restoring...Published: 28 Aug 2024 at 15:28hrs | 3370 | 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
Manhize steel plant nears completion
The commissioning and full operationalisation of the Dinson Iron and Steel Company (DISCO) in Mvuma, which was initially pencilled for the end of this year, is now set for early next year.The ...Published: 24 Nov 2023 at 05:32hrs | | by Staff reporter
CCC MP candidate to push for laws against deindustrialisation
The Citizens Coalition Candidate for Change (CCC) candidate for Nketa Constituency, Obert Manduna, has a lofty goal to push for laws prohibiting deindustrialisation in Bulawayo once he is in Parliamen...Published: 21 Jul 2023 at 16:27hrs | 3 | by Staff reporter
'Belarus equipment to spur Zimbabwe agric'
The US$66 million agricultural equipment deal entered between Zimbabwe and Belarus last week is expected to further boost agricultural productivity, ensuring national food security and restoring Harar...Published: 06 Feb 2023 at 04:52hrs | 10 | by Staff reporter
Nust sets up factories
PLASTIC container making, honey and fruit processing factories have been established at the National University of Science and Technology (Nust) as the institution angles to play a critical role in Bu...Published: 08 Sep 2022 at 06:41hrs | | by Staff reporter
Colonialism belongs to old time Britain
ASSERTIONS by one Tendai Ruben Mbofana (Zim leaders eagerly defending Chinese colonialism! NewsDay May 25, 2022) that China has colonised Zimbabwe cannot go unchallenged.The contents of the so...Published: 01 Jun 2022 at 06:35hrs | | by Christopher Mahove
Eddie Cross says Zimbabwe should not dollarise
TOP economist Eddie Cross Monday gave a gloomy image of Zimbabwe's battered economy but maintained dollarising it will destroy the country's re-industrialisation drive. Speaking to NewZimbabwe...Published: 31 May 2022 at 06:35hrs | 8 | by Staff reporter
Bulawayo reindustrialisation ongoing
The Zimbabwe Investment and Development Agency (ZIDA) has licensed three companies under the Special Economic Zones (SEZs) initiative in Bulawayo but there are growing concerns implementation is movin...Published: 22 May 2022 at 08:27hrs | | by Staff reporter
Chiwenga slams price madness
VICE President Dr Constantino Chiwenga has said the resurgent price madness being experienced in the market is unjustified given the prevailing stable economic fundamentals and the supportive fiscal a...Published: 28 Apr 2022 at 08:56hrs | | by Staff reporter
Mthuli Ncube says Zimbabwean economy remains solid
Finance and Economic Development Minister, Professor Mthuli Ncube, has said the economy remains solid and on track to achieve projected growth rate despite threats of a subdued rainfall season as well...Published: 20 Mar 2022 at 06:24hrs | | by Staff reporter
'NRZ, Dunlop resuscitation on cards'
THE re-industrialisation of Bulawayo's major companies such as the National Railways of Zimbabwe (NRZ) and Dunlop are at the top of the agenda of the newly elected Zanu-PF Bulawayo Provincial Secretar...Published: 16 Jan 2022 at 08:55hrs | | by Staff reporter
Bulawayo firm commits to re-industrialisation
THE availing of lines of credit to the automobile repair industry is the sure way to facilitate retooling so the sector becomes a key enabler in Government efforts to modernise and stabilise the econo...Published: 02 Dec 2021 at 05:30hrs | 8 | by Staff reporter
Rebate on duty scammers exposed
GOVERNMENT has tightened the conditions for businesses benefiting from the rebate of duty facilities amid concerns over lack of transparency and accountability, which has seen some beneficiaries makin...Published: 29 Nov 2021 at 05:32hrs | 8 | by Staff reporter
'Zimbabwe's economic fundamentals are strong'
THE economy is on a growth trajectory with Gross Domestic Product (GDP) projected to grow by 7,8 percent in 2021, attributed to a favourable rainfall season, higher international mineral commodity pri...Published: 14 Nov 2021 at 05:38hrs | 9 | by Professor Mthuli Ncube
ZNCC pushes for fuel tax cuts
THE Zimbabwe National Chamber of Commerce (ZNCC) this week escalated business's push for an overhaul of the tax regime, as it warned the government that high fuel import taxes could hold back industri...Published: 13 Nov 2021 at 05:53hrs | 8 | by Staff reporter
Industry in fresh push for bailout
ZIMBABWE'S manufacturing sector has escalated its push for State-assisted bailout packages to stem a blazing crisis precipitated by the COVID–19 pandemic, a deteriorating foreign currency crisis and...Published: 15 Oct 2021 at 06:21hrs | | by Staff reporter
CEOs mount plan for US$3,2 trillion bloc
ZIMBABWEAN CEOs last week urged domestic industries to mount aggressive strategies to unlock big opportunities brought by January's launch of the African Free Trade Area (AfCFTA), a US$3,2 trillion ma...Published: 04 Oct 2021 at 05:53hrs | | by Staff reporter
What does it take for the judiciary to hear a matter before them?
Marvo Stationary Manufacturing Company employees have not been paid their unpaid salaries since the United States Dollar and the use of the multi currency regime during the Government of Nationa...Published: 14 Jul 2021 at 16:37hrs | | by Mbonisi Gumbo
What does it take for the judiciary to hear a matter before them?
Marvo Stationary Manufacturing Company employees have not been paid their unpaid salaries since the United States Dollar and the use of the multi currency regime during the Government of Nationa...Published: 13 Jul 2021 at 20:24hrs | 1 | by Mbonisi Gumbo
Zimbabwe import bill improves on quality
The quality of the country's import bill has vastly improved over the past two years, with goods used in the production process dominating imports in line with the objectives of the National Developme...Published: 28 Jun 2021 at 17:49hrs | | by Staff Reporter
New model could revive Bulawayo industry
The article of January 5, by Silas Nkala made for remarkably interesting reading. The sentiments expressed are true of the sentimental opinion of most of us who have made this part of the country home...Published: 12 Feb 2021 at 15:40hrs | 1 | by Muvirimi Francis Mangwendeza
UK firm to invest in Bulawayo renewable energy
BULAWAYO has lined up a number of renewable energy development projects worth millions of United States dollars, which are set to transform the city's economy and impact positively on the country's re...Published: 12 Feb 2021 at 05:39hrs | | by Staff reporter
Zimbabwe eyes massive GDP growth
THE Office of the President and Cabinet is developing a framework to implement the National Development Strategy to consolidate the gains of the transitional stabilisation programme and offer a road m...Published: 30 Oct 2020 at 17:17hrs | | by Staff Reporter
Currency reforms restore country's sovereign dignity
The Transitional Stabilisation Programme (TSP) has laid the foundation for fiscal consolidation at the same time generating sustainable budget methods. So far, the implementation of the TSP ha...Published: 30 Jun 2019 at 09:03hrs | | by Richard Mahomva
Mthuli Ncube's stroke of genius
Industrialists, labour and economists have thrown their weight behind currency reforms, which culminated in the scrapping of the multi-currency system on local transactions, saying it was a "great mov...Published: 25 Jun 2019 at 07:30hrs | | by Staff reporter
Botswana ready to increase Zimbabwe trade ties
BOTSWANA is ready to strengthen economic ties with Zimbabwe so as to boost economic growth for both countries. Botswana Investment and Trade Centre chief operations officer, Mr Reginald ...Published: 26 Apr 2019 at 07:08hrs | 9 | by Staff reporter
Can Zimbabwe manage to de-dollarise?
THE Zimbabwean government has indicated that a local currency will be introduced in the next 12 months in a move widely believed to be a precursor to joining the Common Monetary Area (CMA), also refer...Published: 19 Apr 2019 at 11:08hrs | | by Victor Bhoroma
Re-inventing Zimbabwe industrial base
THERE is no doubt in my mind that Zimbabwe is on a new economic trajectory which must be underpinned by key principles which have, throughout history, led to the emergence of successful economies....Published: 29 Mar 2019 at 12:06hrs | | by Vince Musewe
SA firm to launch data and related mobile service business in Bulawayo
South Africa-based digital communications entrepreneur and award-winning economist, Mr Collet Ndlovu, is planning to launch a new data and related mobile service business in Bulawayo under the trade n...Published: 27 Feb 2019 at 07:28hrs | | by Staff reporter
Batoka Gorge Hydro-Electric project comes to life, says Mthuli
A flurry of activity over the Batoka Gorge Hydro-Electric project is expected in the next few weeks amid indications that the updating of feasibility studies would be concluded at the end of the first...Published: 15 Feb 2019 at 08:33hrs | | by Staff reporter
'China can assist with Zimbabwe re-industrialisation'
China has the potential to finance Zimbabwe's re-industrialisation strategy following a significant increase in trade between the two countries, economic analysts have said.This comes as China...Published: 19 Nov 2018 at 12:39hrs | 2 | by Staff reporter
Bulawayo pins hopes on devolution
BULAWAYO Province has high hopes about devolution of power for the city's re-industrialisation and job creation as a devolved system would allow the city to shape its destiny. The Government i...Published: 21 Sep 2018 at 06:50hrs | | by Staff reporter
Zanu-PF youth vow to pile pressure on govt
YOUTHS from the ruling Zanu PF party say they will keep pressuring President Emmerson Mnangagwa's government to implement its election campaign promises, giving priority to job creation and Bulawayo r...Published: 13 Sep 2018 at 06:36hrs | | by Staff reporter
Time for Bulawayo to reclaim lost glory: Modi
INDUSTRY and Commerce Deputy Minister, Raj Modi, has said the new dispensation offers Bulawayo an opportunity to reclaim its former glory as the industrial hub of Zimbabwe. Himself a prominent busines...Published: 12 Sep 2018 at 06:55hrs | | by Staff reporter
Bulawayo ranks industrial sectors for SEZs
THE Bulawayo Special Economic Zones (SEZs) technical working group has recommended a schedule of industrial sector rankings for implementation consideration by the Zimbabwe SEZs Authority.Mini...Published: 09 Jul 2018 at 07:50hrs | | by Staff rpeorter
Bulawayo businesses call for CTC decentralisation
BUSINESS leaders in Bulawayo have pressed the Competition and Tariff Commission (CTC) to decentralise its operations by opening local offices to effectively assist companies.Speaking during a ...Published: 29 Jun 2018 at 07:22hrs | 1 | by Staff reporter
Incredible claims in party manifestos
Several opposition parties and President Emmerson Mnangagwa’s ruling Zanu-PF have launched their manifestos, all projecting themselves as committed to providing a messianic solution to the vast majo...Published: 27 May 2018 at 16:27hrs | | by Staff reporter
May real MDC-T please stand up?
Who is closer to Morgan Tsvangirai than the rest?That is the question that seems to occupy feuding factions of MDC-T as rivals take turns to parade family members of the deceased founding lead...Published: 13 May 2018 at 11:35hrs | | by Staff reporter
Bulawayo de-industrialisation, ZITF success juxtaposed
The 59th edition of the Zimbabwe International Trade (ZITF) was by far the largest in decades both in terms of attendance by local and foreign exhibitors as well as the business activity.Not o...Published: 02 May 2018 at 11:49hrs | | by Staff rpeorter
Banks in Zimbabwe urged to reduce interest rates
THE Reserve Bank of Zimbabwe (RBZ) was engaging banks to reduce interest rates on loans to stimulate production across various sectors of the economy, Vice-President Constantino Chiwenga has said....Published: 26 Apr 2018 at 07:32hrs | | by Staff Reporter
'Re-industrialisation of Bulawayo a key priority'
THE re-industrialisation of Bulawayo and other parts of the country is a key priority in the Government's agenda as the new dispensation seeks to transform the economy and expand the job market, Vice ...Published: 25 Apr 2018 at 16:37hrs | | by Staff reporter
'Remove Mujuru from that fake list of externalisers'
Revolutionary greetings dear comrades. I have always warned you of Zanu PF politics of lies. Lies are in its DNA. If you remove lies from Zanu PF, then that will be its demise. It will be driven into ...Published: 22 Mar 2018 at 09:41hrs | | by Khulani David Ndhlovu
Mat North pins Gwayi-Shangani Dam, Nkayi Road hopes on Mnangagwa
GOVERNMENT and political leaders in Matabeleland are pinning their hopes for the completion of the Gwayi-Shangani Dam and the Bulawayo-Nkayi road projects on the new dispensation led by President Emme...Published: 16 Mar 2018 at 06:12hrs | | by Staff reporter
Mujuru's bread and butter issues vs Chamisa's Bullet Trains elitist dream.
Revolutionary greetings comrades. We all have noble dreams for our country. However some of the dreams are not feasible hence the need to be realistic even in dreams. Morocco recently launched...Published: 13 Mar 2018 at 10:10hrs | | by Khulani David Ndhlovu
Bulawayo engages idle factory owners
THE Bulawayo City Council has begun the process of engaging owners of idle factories in Belmont to ensure full utilisation of the infrastructure under the Special Economic Zones (SEZs) initiative, the...Published: 07 Mar 2018 at 05:39hrs | | by Staffr eporter
Trump urged to to seek ways of accommodating Mnangagwa
FORMER United States ambassador to Zimbabwe, Charles Ray, has urged Washington to seek ways of accommodating President Emmerson Mnangagwa's politicised military establishment and help in the re-indust...Published: 05 Mar 2018 at 05:46hrs | | by Staff reporter
'Zimdollar is the solution to economic stabilisation'
ECONOMIC consultant Nqobizitha Dube has called for the re-introduction of the local currency saying that was the only road to economic stabilisation.Dube made the remarks at the Alpha Media Ho...Published: 27 Feb 2018 at 05:59hrs | | by Staff reporter
Investors smile on Zimbabwe?
Prospects for local industrial growth are brighter this year, with more company resuscitations expected as the country continues to gain ground as a fertile investment destination, a senior official h...Published: 11 Feb 2018 at 07:42hrs | | by Staff reporter
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