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Russia's railway giant keen to expand footprint to Zimbabwe
TRANSMASHHOLDING, Russia's leading manufacturer of railway rolling stock and fifth biggest rail company in the world, is looking to expand its footprint in African countries including Zimbabwe in a wi...Published: 01 Aug 2023 at 06:27hrs | 10 | by Staff reporter
Russian mining giant heads to Zimbabwe
THE world's largest diamond producer Alrosa of Russia will next week be in Zimbabwe to start work on mining operations with 50 more companies from the Euroasian nation targeting various sectors....Published: 27 Jul 2023 at 06:37hrs | 1 | by Staff reporter
Mnangagwa's corruption double talk
THE latest row over patronage and opaque procurement in the government shows the widening rift between President Emmerson Mnangagwa and his deputy Constantino Chiwenga, and their attempts to favour th...Published: 22 Jun 2023 at 06:43hrs | | by Staff reporter
Russia's Rostec assists Zimbabwe establish air ambulance service
Russian Helicopters Holding Company, a part of Rostec State Corporation, has handed over a batch of 18 Ansat helicopters to Zimbabwe. The light multipurpose helicopters manufactured at the Kaz...Published: 26 May 2023 at 06:32hrs | 1 | by Staff reporter
Rostec, Zimbabwe helicopter deal in crosshairs of US sanctions
ZIMBABWE, which is under United States sanctions, has received 18 helicopters from a sanctioned Russian state entity, Rostec, for air medical services, law enforcement, as well as search-and-rescue op...Published: 22 May 2023 at 08:12hrs | 1 | by Staff reporter
Zimbabwe acquires 18 copters from Russia
ZIMBABWE yesterday took delivery of 18 brand new helicopters from Russia that will go towards emergency air medical services, law enforcement and tourism, as the efforts at engagement and re-engagemen...Published: 19 May 2023 at 20:41hrs | 1 | by Staff reporter
Zimbabwe military gets permit to export raw lithium
EMBATTLED state arms manufacturer, the Zimbabwe Defence Industries (ZDI) has been controversially granted a special permit to export raw lithium by the government, a decision expected to inject life i...Published: 14 Jan 2023 at 16:28hrs | 4 | by Staff reporter
Zimbabwe's US$3bn platinum deal all but collapses in a shambles
IT was noisily touted as a game changer for Zimbabwe's mining sector, and the economy; a centrepiece of government's ambitious yet unrealistic US$12 billion target for the industry by next year and ca...Published: 31 May 2022 at 07:38hrs | 8 | by Staff reporter
Third part soars cost of Mnangagwa copter
PRESIDENT Emmerson Mnangagwa cancelled a deal by his late predecessor Robert Mugabe to acquire a presidential helicopter from Russia opting for an Airbusmade superjet in a deal involving a third party...Published: 30 Apr 2021 at 07:29hrs | | by Staff reporter
Zimbabwe army offloads stake in $4bn project
Zimbabwe's military has disposed of its stake in a $4 billion platinum joint venture with Russian investors, President Emmerson Mnangagwa, has said.Mnangagwa revealed this in an interview with...Published: 23 Jun 2019 at 21:16hrs | | by Staff reporter
Zimbabwe military stake stymies $4bn platinum project
A plan to build Zimbabwe's biggest platinum mine at a cost of about $4 billion is floundering because a military stake in the project has deterred potential backers, according to people familiar with ...Published: 15 May 2019 at 15:05hrs | | by Bloomberg
Putin moots military base in Zimbabwe…….as Mnangagwa begs for Moscow bailout package
COLOGNE/VANCOUVER/HARARE - Russian President, Vladimir Putin, has reportedly set his eyes on opening a Russian strategic military base in Zimbabwe, as Moscow ratchets up her new foreign policy in Afri...Published: 11 Jan 2019 at 06:29hrs | | by Itai Mushekwe/Nancy Mabaya/Mary-Kate Kahari
Mnangagwa's crony gets Zimplats claims
PRESIDENT Emmerson Mnangagwa's crony Lucas Pouroulis, whose company, Karo Resources, recently signed a controversial US$4,2 billion platinum deal with government, has grabbed mineral claims stretching...Published: 08 Jun 2018 at 09:58hrs | 1 | by Staff reporter
Putin secures cocktail of Zimbabwe minerals, in return for Harare's security
COLOGNE - Russian President, Vladimir Putin, has reportedly scored a silent success by managing to secretly secure for Moscow a cross-section of Zimbabwe's rich...Published: 14 Feb 2017 at 07:45hrs | | by Itai Mushekwe
Russians pour $53m into Zimbabwe's Great Dyke Investments
RUSSIANS have so far sunk over $53 million at the Darwendale platinum mining project – a joint venture between Moscow and Harare running as Great Dyke Investments.Zimbabwe and Russia commiss...Published: 16 Jun 2016 at 14:19hrs | | by Takunda Maodza
Massive Zimbabwe platinum project to start next year
The second phase of the $3 billion platinum project in Darwendale, a joint venture between Zimbabwe and Russian companies, is expected to start next year, with visiting Russian Deputy Minister of Indu...Published: 16 Oct 2015 at 06:14hrs | | by Farirai Machivenyika
Zimbabwe's mineral wealth: From purse to zurse
FOR those of you who, like me, with a deep interest in the subject of political economy, will remember the phrase 'resource curse'. A quick reference to Wikipedia will tell you that the term&nbs...Published: 08 Aug 2015 at 07:34hrs | | by Welshman Ncube
Telecel licence subject of discussion at Russia's highest governmental level
ZIMBABWE-VIMPELCOM-LICENSE-TALKS08.05.2015 18:39:42 MSKThe problem with the license for Vimpelcom in Zimbabwe could become the subject of discussion at the highest governmental level – (sou...Published: 12 May 2015 at 09:44hrs | | by Interfax
'Grotesque' MDC make a big song and dance about Mugabe's $12K wage but nothing of $2B loot
Zimbabwe is in this mess because of the decades of gross mismanagement and rampant corruption by this Zanu PF regime. But for the last fifteen years MDC should have used their position as the country...Published: 08 Mar 2015 at 08:16hrs | | by Wilbert Mukori
Marange 'diamonds are finished' lied Chinamasa dismissively reminiscent of Animal Farm
Finance Minister Patrick Chinamasa lied to parliament about there being no more diamonds in Marange."Alluvial diamonds are finished and most of the companies we gave the right to mine there h...Published: 06 Mar 2015 at 05:39hrs | | by Wilbert Mukori
Kiya kiya Chinamasa to reschedule government debt repayments but for how much longer!
The hard-up Zimbabwe government, "which has resorted to domestic borrowings to support its budget, is struggling to repay and is scrambling to reschedule some of the debt as it fal...Published: 27 Feb 2015 at 18:13hrs | | by Wilbert Mukori
Mugabe's army muscles in on rich platinum deal
Zimbabwe National Army has won a bitter struggle with the Ministry of mines and mining development for the control of a lucrative $4,8-billion platinum mine.The project is a joint venture betw...Published: 15 Feb 2015 at 09:48hrs | | by Staff reporter
Chidhakwa, Defence ministry in bitter tussle
MINES minister Walter Chidhakwa is locked in a bitter tussle with the Ministry of Defence over control of the much-vaunted US$4 billion Russia-Zimbabwean platinum mining project in Darwendale amid al...Published: 30 Jan 2015 at 09:51hrs | | by Staff reporter
$4 billion Zimbabwe - Russia 'mega deal' in limbo
The much-touted US$4billion platinum deal signed by Zimbabwe and Russia in September last year amid a blaze of publicity, which the authorities said would significantly boost production and create tho...Published: 16 Jan 2015 at 07:21hrs | | by Staff reporter
Russia mulls more deals with Zimbabwe
Zimbabwe which this week signed several mining deals with Russian companies is currently negotiating joint venture partnerships in tourism, energy, education, railway sector, agriculture and autom...Published: 19 Sep 2014 at 08:57hrs | | by Staff reporter
Arms deal behind Zimbabwe, Russia platinum project
The involvement of Russian defence conglomerate Rostec State Corporation and its supervisory board chair Denis Manturov, also Kremlin minister of Trade and Industry in the Darwendale platinum proj...Published: 19 Sep 2014 at 08:56hrs | | by Staff reporter
Russians in $1.6 billion Zimbabwe platinum mining deal
A Russian consortium is set to invest $1.6 billion in a platinum mining project at Rushchrome Darwendale, following a deal with the Zim government last week.Finance Minister Patrick Chinamasa ...Published: 05 Aug 2014 at 21:13hrs | | by Nomalanga Moyo
Prophet arrested over miracle money
Police in Bulawayo have arrested a prophet for praying for stolen money to balloon.The Iminyela suburb-based propbet, Nkulumane Khomalo, of house number 59620/3 was reportedly approached by on...Published: 24 May 2013 at 04:02hrs | | by Staff reporter
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