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Breakthrough as 720MW Titan Power Plant Project scheduled for December 2 launch
A ground-breaking ceremony for the 720MW Titan Power Plant Project is scheduled for 2 December 2024 at Hwange Power Station, marking a pivotal moment in Zimbabwe's quest for energy self- sufficiency. ...Published: 29 Nov 2024 at 14:39hrs | 2110 | by George Tshuma
Chinese firms brandish US$ salaries in crisis-hit Zimbabwe
CHINA's 80 biggest firms with a footprint in Zimbabwe said at the weekend that they were ready to pay United States dollar-indexed salaries for skilled workers and professionals.This emerged d...Published: 19 Oct 2022 at 06:02hrs | 1 | by Staff reporter
SA blackouts bleed Zimbabwe industry
ZIMBABWEAN industries, already battered by a long running economic crisis, have been thrown off balance by rolling blackouts in South Africa, which escalated this week, briefly grounding trade....Published: 23 Sep 2022 at 19:24hrs | 4 | by Staff reporter
The harder the Zimbabwe regime pushes citizens into believing economy improving the more unbelievable they sound!
I have repeatedly asserted: 'nyama inonaka inotaura yega' - tasty meat speaks for itself - in other words, a truly good thing seldom needs advertising, but its goodness does the marketing.Simi...Published: 23 Sep 2022 at 11:14hrs | 3 | by Tendai Ruben Mbofana
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 | 10 | 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 | 1 | by Staff reporter
Zimbabwe's industry capacity utilisation rises
CAPACITY utilisation in Zimbabwe's manufacturing industry is projected to increase to 58% in the third quarter of this year, an improvement from 54% in the second quarter of 2021.In its second...Published: 03 Oct 2021 at 08:16hrs | 4 | by Staff reporter
Major boost for Zimbabwean exporters to Europe
ZIMBABWEAN exporters will now enjoy preferential tariffs on their exports to European markets after a new policy, the European Union-East and Southern Africa (EU-ESA) interim Economic Partnership Agre...Published: 30 Sep 2021 at 07:17hrs | 2 | by Staff reporter
Zimbabwe industry feels impact of SA protests
Businesses and consumers have already begun feeling the contagion effect of the country's heavy dependency on South Africa after the unrest that plagued the rainbow nation last week over the incarcera...Published: 18 Jul 2021 at 07:57hrs | 3 | by Staff reporter
Zimbabwe feeling heat from SA riots
Zimbabwe's industries will likely feel the pinch of the violent demonstrations and looting unfolding in South Africa, its largest trading partner, as trade channels get clogged and supply chains disru...Published: 16 Jul 2021 at 09:02hrs | 1 | by Staff reporter
Ideas, not money is what is in short supply in Zimbabwe
The economic challenges facing Zimbabwe are not about money. Our major issue is deficiency of a supportive government with competencies to design policies that enable innovation and value creation....Published: 12 Jun 2019 at 07:03hrs | 1 | by Brian Sedze
'Zimbabwe not ready to fully implement AfCFTA'
Zimbabwe will fully implement the African Continental Free Trade Area (AfCFTA) in the next 15 years once the country has fully industrialised for it to effectively benefit from the 1,2 billion market ...Published: 11 Jun 2019 at 06:52hrs | | by Staff reporter
'Embrace RTGS dollar for local trade'
RESERVE Bank of Zimbabwe (RBZ) deputy governor Dr Kupukile Mlambo has called on Zimbabweans to embrace the reference RTGS dollar for domestic transactions and reduce pressure on foreign currency requi...Published: 05 Jun 2019 at 07:53hrs | | by Staff reporter
Fresh price hikes hit Zimbabweans
CONSUMERS have expressed shock after major supermarkets and small scale retailers once again increased prices of some basic commodities by margins of up to 75 percent. Despite the stability in...Published: 02 Apr 2019 at 08:02hrs | 3 | by Staff reporter
No to sanitising culture of violence
Possibly, the most well-known theory in this genre of work, Wolfgang and Ferracuti's Subculture of Violence attempted to outline a methodological framework for the empirical examination of violent sub...Published: 27 Jan 2019 at 19:05hrs | 1 | by Limukani Ncube
Zimbabwe industry capacity utilisation seen falling to 30%
CAPACITY utilisation in Zimbabwe's manufacturing industry rose by 3,1 percentage points to 48,2 % in 2018 but there are fears that the sector could contract to as low as 30% if the country's foreign c...Published: 21 Jan 2019 at 08:39hrs | 1 | by Staff reporter
Zimbabwe economy suffered $800m loss
The Zimbabwean economy, due to the violent demonstrations which characterised the country this week, has suffered contagion economic effects across all the sectors with direct losses estimated to be $...Published: 18 Jan 2019 at 15:57hrs | | by Staff reporter
Supply side intervention key for Zimbabwean Industries
The local industry has been operating below par in the last 20 years. Various policies by the government have failed to reindustrialize the economy with the sector's contribution to GDP falling below ...Published: 01 Dec 2018 at 10:22hrs | 1 | by Victor Bhoroma
Smugglers cash in on porous Beitbridge border
SMUGGLING across the dry Limpopo riverbed has never been this high. Queues of vehicles loading goods illicitly brought into the country have turned dirty village road networks into busy streets....Published: 10 Aug 2018 at 07:55hrs | | by Staff reporter
Mnangagwa takes 'Zim is open for business' to BRICS
President Mnangagwa on Friday invited BRICS countries to exploit massive investment opportunities in Zimbabwe while affirming the readiness of the country to collaborate in projects aimed at driving r...Published: 30 Jul 2018 at 06:52hrs | | by Staff reporter
'Bond notes are here to stay'
RESERVE Bank of Zimbabwe governor John Mangudya says the country's surrogate currency, the bond note, will be around for the foreseeable future.Zimbabwe introduced bond notes in 2016 to ease a...Published: 12 Jul 2018 at 10:33hrs | 1 | by Staff reporter
MDC Alliance, a house of confusion
Zimbabwean politics is not for the faint-hearted people who cannot contain the pressure which comes with it. It only takes tried and tested politicians such as President Emmerson Mnangagwa to steer th...Published: 18 May 2018 at 09:08hrs | 2 | by Elijah Chihota
Business tackles Mnangagwa over forex list
Several companies that were last week named as having externalised foreign currency have approached government challenging the list which has strained the relationship between authorities and business...Published: 27 Mar 2018 at 10:13hrs | 1 | by Staff reporter
Banning second hand car imports not fully thought out
THE government, has for the second time in eight years, mooted the idea of banning second hand car imports, an idea that is not fully thought out and needs to be dropped in its infancy.While t...Published: 20 Feb 2018 at 07:57hrs | 1 | by Staff reporter
Of elections, media space, donor and mental slavery
Zimbabwe is a small country with a small population of about 15 million people, most of whom are youth, young, vibrant and energetic,but with no employment. It's a peaceful country compared to her sis...Published: 25 Jun 2017 at 16:40hrs | | by Tendai Mazenge
Car temporary import permit period reduced
The International Cross Border Traders Association President Denis Juru has said Zimbabwe Revenue Authority (Zimra) will reduce the duration of the temporary importation permit for motor vehicle...Published: 21 Dec 2016 at 06:44hrs | | by Stephen Jakes
Capacity utilisation report misleading, say experts
ECONOMIC experts say the 13 percent increase in manufacturing capacity utilisation this year should translate to increased job opportunities.Participants at a tax seminar held in Bulawayo ...Published: 14 Dec 2016 at 05:23hrs | 5 | by Staff reporter
Zimbabwe urged to tap into Diaspora
Confederation of Zimbabwean Industries (CZI) president, Busisa Moyo, has urged the government to craft a comprehensive Diaspora policy and improve relations with its citizens in the Diaspora to en...Published: 09 Dec 2016 at 06:19hrs | | by Staff reporter
A closer look on the SI 64, 2016 on imports restriction
The government has recently gazetted Statutory Instrument 64 of 2016, which temporarily regulates the importation of certain products that can be produced locally. Some of the products which were remo...Published: 06 Aug 2016 at 07:47hrs | 11 | by Blessing Machiva
Mnangagwa blames Sithembiso Nyoni's sector for externilising foreign currency
VICE-President Emmerson Mnangagwa has blamed Minister Sithembiso Nyoni's Small to Medium Enterprises (SMEs) for the externalization of the United States Dollar which has caused serious cash shortages ...Published: 05 Jun 2016 at 11:51hrs | 4 | by Staff Reporter
'Zimbabwe is a fishing pond for hard currency,' says Mnangagwa
VICE-President Emmerson Mnangagwa (pictured) has attributed the current liquidity crunch to externalisation of money by small to medium enterprises (SMEs) as well as foreign owned companies that a...Published: 05 Jun 2016 at 11:22hrs | | by Staff reporter
Mugabe's failed governance causes family break ups
The social commentators have rapped President Robert Mugabe for cause a lot of family breaks up due to his failed governance and lack of democracy.Pastor Timothy Chiguvare said democracy has b...Published: 02 Sep 2015 at 07:13hrs | | by Stephen Jakes
Mugabe reverses on indigenisation
President Robert Mugabe has taken a surprise retraction on the 51% indeginisation programme.Speaking at the independence celebration ceremony at the National Sports Stadium in Harare today...Published: 18 Apr 2014 at 15:49hrs | | by Staff reporter
EU ambassador speaks on corruption in Zimbabwe
A STRONG commitment and goodwill of the government is an essential element required in fighting corruption, European Union (EU) ambassador to Zimbabwe, Aldo Dell'Arricia said, taking note of what...Published: 18 Feb 2014 at 14:12hrs | 3 | by Lulu Brenda Harris
Industrialists, Diplomats tour Byo Industries
INDUSTRIALISTS and diplomats from the SADC region yesterday toured Bulawayo industries with a view of creating potential investment and understanding how these companies are operating in the midst of ...Published: 13 Feb 2014 at 14:46hrs | 4 | by Lulu Brenda Harris
Zimbabwe set to block cheap imports
Zimbabwe which has been flooded by cheap imports is now taking measures to block these.Minister of Industry, Mike Bimha said the government will soon inspect all imports entering Zimbabwe ...Published: 18 Nov 2013 at 02:24hrs | | by Staff reporter
Kasukuwere says foreign banks free to leave
Indigenisation and Empowerment minister Saviour Kasukuwere yesterday said foreign-owned banks were free to leave if they are not prepared to support the agricultural sector and emerging businesses in ...Published: 25 Jan 2013 at 05:18hrs | | by Staff reporter
New SA law against the promotion of free trade, says AfDB
The African Development Bank (AfDB) says the recent enactment of the Preferential Procurement Policy Framework Act (PPPFA) by South Africa is against the promotion of free trade under the Sadc Trade ...Published: 22 Jan 2013 at 04:43hrs | | by Staff reporter
Politicians from Matabeleland in Zimbabwe need to 'break the deputy mentality'
African politics and landscape is plagued by one disease: tribalism. This disease has brought untold misery and calamity to our motherland. Zimbabwe is no exception and what makes our situation int...Published: 22 Nov 2011 at 14:14hrs | | by Phithizela Ngcobo
Politicians from Matabeleland in Zimbabwe need to 'break the deputy mentality'
African politics and landscape is plagued by one disease: tribalism. This disease has brought untold misery and calamity to our motherland. Zimbabwe is no exception and what makes our situation i...Published: 22 Nov 2011 at 14:33hrs | 1 | by Phithizela Ngcobo
Zimbabwe's internet usage has grown by over 165 percent
Zimbabwe's Internet usage has grown by over 165 % over the past 3 years, due to high demand and usage of technology devices.That's according to Dereck Goto, Web Entang...Published: 22 Aug 2011 at 20:44hrs | 1 | by itnews
Massive trade imbalance between Zimbabwe and South Africa
Speaking at an Industrial Development Policy breakfast meeting in Harare yesterday, the confederation of Zimbabwe Industries president Mr Joseph Kanyekanye likened the trade relationship between Zimba...Published: 21 Apr 2011 at 04:45hrs | 1 | by Estell Methews
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