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Chivayo, ZPC in negotiations to revive Gwanda Solar project
The Zimbabwe Power Company (ZPC) and Intratrek Zimbabwe Pvt Ltd are negotiating to resume work on the proposed 100-megawatt Gwanda solar power facility, following a Supreme Court decision upholding th...Published: 25 May 2024 at 12:38hrs | 1 | by Staff reporter
Is China good for Zimbabwe?
IMAGINE your father having an "all-weather friend" who appears to stand by him in every situation.This seemingly "all-weather friend", however, looks away as your father brutally batters your ...Published: 20 Dec 2023 at 09:10hrs | 10 | by Tendai Ruben Mbofana
Is China really helping suffering Zimbabweans?
Imagine your father has an 'all-weather friend', who appears to stand by him in every situation.He looks away as your father brutally batters your mother and does not appear to give a hoot whe...Published: 14 Dec 2023 at 12:39hrs | 10 | by Tendai Ruben Mbofana
Zimbabwe to clear its foreign debt by the end of 2025
ZIMBABWEAN Finance Minister Mthuli Ncube says Harare will do all it can to clear its foreign debt by December 2025 to open fresh lines of credit that would help in revamping the floundering economy....Published: 07 Aug 2023 at 06:36hrs | 1 | by Staff reporter
Zimbabwe pays US$44m of foreign debt
PRESIDENT Emmerson Mnangagwa's administration paid US$44,2 million to foreign creditors during the nine months to September, as part of its refreshed debt repayment plan, data showed at the weekend....Published: 29 Nov 2021 at 05:36hrs | 6 | by Staff reporter
Chinese companies ditch Zimbabwe projects
MAJOR Chinese insurance firms are refusing to underwrite critical infrastructure projects in Zimbabwe due to government's failure to pay commitment fees and other related costs, it has emerged....Published: 09 Oct 2020 at 10:19hrs | 13 | by Staff reporter
Chivayo vs ZPC judgement expected today
The High Court is today expected to deliver judgment in a case in which Intratrek Zimbabwe managing director Wicknell Chivayo sued the Zimbabwe Power Company (ZPC) for US$25 million for instigating ma...Published: 12 Dec 2018 at 05:17hrs | 1 | by Staff reporter
Wicknell Chivayo's saga takes new twist
THE criminal prosecution of Intratrek Zimbabwe managing director Wicknell Chivayo was designed to frustrate him and his company from performing their obligations at the Gwanda Solar Power Project, the...Published: 28 Nov 2018 at 12:27hrs | | by Staff Reporter
Mnangagwa's quest for Chinese $2bn bailout hits a brick wall
PRESIDENT Emmerson Mnangagwa's quest for a critical US$2 billion bailout package from China in a desperate bid to ease the country's crippling liquidity crisis has hit a brick wall although the Chines...Published: 07 Sep 2018 at 13:02hrs | 1 | by Staff reporter
Mnangagwa renews $2 billion Chinese bid
PRESIDENT Emmerson Mnangagwa will tomorrow leave for Beijing, China, to attend the Forum on China-Africa Cooperation (Focac) summit after which he will hold a bilateral meeting with Chinese President ...Published: 01 Sep 2018 at 13:41hrs | | by Staff reporter
Mnangagwa govt hunts for $2bn funding
PRESIDENT Emmerson Mnangagwa's administration is frantically negotiating a critical US$2 billion bailout package with a top Chinese bank, the Industrial and Commercial Bank of China (ICBC), and other ...Published: 20 Jul 2018 at 16:00hrs | | by Staff reporter
Mnangagwa's govt pressures Zesa to pay Chivayo $52m
PRESIDENT Emmerson Mnangagwa's administration - in many ways carrying over from where toppled former president Robert Mugabe's regime left - has given the green light for Wicknell Chivayo to access a ...Published: 20 Jul 2018 at 14:25hrs | | by Staff reporter
Chivayo engages Mnangagwa
Controversial businessman Wicknell Chivayo says he could have completed the 100 megawatt (MW) Gwanda solar project in eight months had it not been for the Zimbabwe Power Company (ZPC) board's intransi...Published: 05 Jul 2018 at 17:44hrs | 1 | by Staff rpeorter
Mnangagwa strategy for Zimbabwe's recovery
The multiple initiatives that President Emerson Dambudzo Mnangagwa's administration has launched may be confusing to a citizenry already buffeted by years of debility and decline.It is thus im...Published: 08 Apr 2018 at 09:16hrs | | by George Charamba
Mnangagwa returns with a bagful of nothing?
President Emmerson Mnangagwa returned home yesterday from a highly fruitful trip to China, where his administration struck deals worth billions of dollars that will see new projects and those that sta...Published: 08 Apr 2018 at 09:07hrs | | by Staff reporter
Mnangagwa to commission Kariba South station tomorrow
President Mnangagwa will tomorrow commission two new units (Unit 7 and 8) at Kariba South Power Station, which have added an extra 300 mega watts (MW) to the national grid.The additional power...Published: 27 Mar 2018 at 06:29hrs | | by Staff reporter
China tightens purse strings on Zimbabwe deal
AHEAD of President Emmerson Mnangagwa's high-profile visit to China at the beginning of next month, it has emerged government's proposal to securitise minerals in a bid to secure US$1,5 billion fundin...Published: 24 Mar 2018 at 19:45hrs | | by Staff reporter
China rejects Mnangagwa's 'looters list'
The People's Republic of China has downplayed a much hyped “looters list” published by Zimbabwean President Emmerson Mnangagwa.Chinese mining companies and individuals who allegedly extern...Published: 21 Mar 2018 at 15:05hrs | | by Staff reporter
Begging bowl: Zimbabwe 'coup' architect in China
FINANCE minister Patrick Chinamasa and Reserve Bank of Zimbabwe governor John Mangudya are in China ahead of President Emmerson Mnangagwa's official visit to the Asian economic giant this month, as pa...Published: 21 Mar 2018 at 05:55hrs | | by Staff reporter
Gwanda solar project collapses
THE US$200 million Gwanda solar project has all but collapsed as controversial businessman Wicknell Chivayo has expressed fears that the fraud and corruption charges levelled against him by the Zimbab...Published: 16 Mar 2018 at 06:28hrs | | by Staff reporter
'Repayment challenges stalling Zimbabwe - China deals'
President Robert Mugabe says while most of the mega projects signed with China are progressing well, delays in repayment of arrears have affected the implementation of some of the deals.Th...Published: 23 Feb 2017 at 14:33hrs | | by Staff reporter
Chinese blamed for stalling Zimbabwe's economic turnaround
An insidious culture of dishonouring loan agreements has taken root in public and private enterprise and is now affecting Government inter-State economic partnerships.The latest victims of thi...Published: 27 Mar 2016 at 10:01hrs | | by Kuda Bwititi
Harare Residents Trust questions govt over China-Zim deals
Harare Residents Trust has questioned the authenticity of the Zimbabwe China deals which were signed in 2010 in which the money involved was expected to assist the government in its developmental proj...Published: 24 Jan 2016 at 05:17hrs | | by Stephen Jakes
Chinese leader XI Jinping set to visit Zimbabwe
PRESIDENT Robert Mugabe has described Chinese President Xi Jinping's forthcoming visit this December as of great significance to Zimbabwe. Xi's trip will mark the second time that a Chinese st...Published: 16 Nov 2015 at 12:57hrs | | by Agency
Clearance for $100 billion from China still pending
THE MINISTER OF MINES AND MINING DEVELOPMENT Walter Chidhakwa has said the government of Zimbabwe is still waiting for a clerance of the $100 billion facility extended to Zimbabwe by China Bank....Published: 01 Nov 2015 at 08:28hrs | | by Stephen Jakes
Zimbabwe prioritizing energy cooperation with China
Zimbabwe is prioritizing energy cooperation with China to plug energy shortfalls that have affected economic growth, Finance Minister Patrick Chinamasa said Monday.The minister made the remark...Published: 22 Sep 2015 at 14:49hrs | | by Xinhua
China tells Zimbabwe to repay $1.5 billion
It has emerged that part of the reason for VP Emmerson Mnangagwa's visit to Beijing in early July was to seek an emergency rescue package for the country. China which has told Harare it d...Published: 31 Jul 2015 at 08:51hrs | | by Staff reporter
China seeking the secondment of its officials to key Zim parastatals
The Chinese government is seeking the secondment of its officials to key Zimbabwe parastatals to ensure that Chinese loans for government projects are not lost to "leakages", it emerged this week....Published: 23 Jan 2015 at 10:19hrs | | by Staff reporter
Chinese insurer coming to Zimbabwe
Officials from the Chinese export credit insurance agency, China Export and Credit Insurance Corporation (Sinosure) are expected in the country next week to finalise negotiations for lending to th...Published: 12 Sep 2014 at 07:01hrs | | by Staff reporter
Govt repays Chinese loans
Government says it has made repayments amounting to US$180 million to Chinese creditors during the first half of the year as part of efforts to improve the country's creditworthiness and strengthen bi...Published: 10 Sep 2014 at 19:04hrs | | by Staff Reporter
Mugabe returns from China with a bag of secretive agreements
President Robert Mugabe jets into Harare today from a begging trip in China only holding a bag of secretive agreements and signatures but with no cash to revive an economy which is virtually on its k...Published: 01 Sep 2014 at 08:46hrs | | by Staff reporter
Harare shuts down its water treatment plant
Harare residents must brace for a dry weekend as the city shuts down its water treatment plant at Morton Jaffray today to allow for maintenance works on pumps and valves. The water shortage wi...Published: 07 Sep 2013 at 06:16hrs | | by Staff reporter
Chinese delegation tours Morton Jaffray
The visiting Chinese delegation from Sinosure has expressed optimism that the refurbishment of the Morton Jaffray water treatment plant under the US$144 million loan facility will help end the capita...Published: 05 Sep 2013 at 22:08hrs | | by Staff Reporter
The reforms Zimbabwe badly needs
I was most amused to hear Morgan Tsvangirai, the MDC-T president threatening Generals for political involvement. He, of all people! Just two weeks before, the man had met with one General Wesley Clark...Published: 09 Jun 2012 at 07:32hrs | 4 | by Nathaniel Manheru
Tsvangirai meets Wen Jiabao in Beijing
Prime Minister Morgan Tsvangirai on Monday met his Chinese counterpart Wen Jiabao in Beijing where they exchanged views on issues of common concern, including China-Zimbabwe ties.Tsvangirai's ...Published: 29 May 2012 at 07:03hrs | | by Staff reporter
New Zimbabwe Steel set to do exploration of Mwanesi iron deposits
New Zimbabwe Steel is set to do exploration of Mwanesi iron deposits to be beneficiated and form part of the critical feedstock into the steel production of Zisco (New Zimbabwe Steel Limited)....Published: 04 Aug 2011 at 07:40hrs | | by Mafu Sithabile
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