Search / Investments
Cholera outbreak in Kariba: A wake-up call for vigilance and prevention
The recent cholera outbreak in Gache Gache Fishing Camp, located in Kariba District, has thrust the community into a state of crisis, claiming one life and leaving five others battling the disease. Th...Published: 39 mins ago | 8 | by Anashe Mupamombe
5MW plant commissioned at Mutirikwi Dam
A major step forward in Zimbabwe's energy sector was made on Saturday with the commissioning of a five-megawatt hydropower project at Mutirikwi Dam. The plant, a collaboration between local and foreig...Published: 8 hrs ago | 176 | by Staff reporter
UK, Czech Republic investors in Bulawayo
Investors from the Czech Republic and the United Kingdom (UK) visited Bulawayo on Monday to explore opportunities in various sectors as the city grapples with the challenges of de-industrialisation....Published: 8 hrs ago | 108 | by Staff reporter
Zimbabwe and Zambia combine efforts to solve their power woes
Zimbabwe and Zambia are combining efforts to deal with their electricity crises, which have seen power cuts of up to 21 hours per day.With no load shedding for eight months, Eskom has asked So...Published: 20 Nov 2024 at 07:09hrs | 447 | by Staff reporter
Econet in aggressive 5G roll out
Econet Wireless Zimbabwe (EWZ), the country's leading mobile network operator, is continuing its aggressive rollout of 5G base stations as part of its strategy to solidify its position in the increasi...Published: 20 Nov 2024 at 07:08hrs | 620 | by Staff reporter
Mnangagwa appoints Tungwarara as UAE investment advisor
President Emmerson Mnangagwa has appointed businessman Dr. Paul Tungwarara as the Special Presidential Investment Advisor to the United Arab Emirates (UAE), a role aimed at bolstering Zimbabwe's econo...Published: 20 Nov 2024 at 06:45hrs | 183 | by Staff reporter
BCC to appoint independent regulator for city parking issues
The Bulawayo City Council (BCC) has announced plans to introduce an independent supervisory body to oversee and investigate complaints related to the city's parking management system, currently operat...Published: 19 Nov 2024 at 08:48hrs | 251 | by Staff reporter
Robber arrested at sangoma's house
One of eight suspected armed robbers accused of targeting residents, churches, and businesses in Harare has been arrested while allegedly receiving spiritual assistance from a traditional healer at a ...Published: 19 Nov 2024 at 08:38hrs | 2269 | by Staff reporter
New parking management system complaints handling mechanism for Bulawayo
The Bulawayo City Council (BCC) has announced plans to introduce an independent supervisory body to monitor and investigate complaints related to the city's contracted parking management company, Tend...Published: 18 Nov 2024 at 15:04hrs | 209 | by Staff reporter
TTI Boss Lizwe Mabuza: The Philanthropic Visionary Driving Bulawayo's Social Responsibility Agenda
In an era where corporate social responsibility (CSR) is often reduced to buzzwords and token gestures, one man stands as a testament to genuine commitment towards community upliftment. Lizwe Mabuza, ...Published: 16 Nov 2024 at 20:08hrs | 3440 | by Mandla Ndlovu
Zimbabwe miners propose royalties linked to metal prices
Zimbabwe's Chamber of Mines has put forward a proposal to the Ministry of Finance suggesting that royalty payments be linked to the market prices of metals, including lithium and platinum group metals...Published: 16 Nov 2024 at 14:27hrs | 86 | by Staff reporter
David Coltart calls for investigation following arrest of Bulawayo councillors
Bulawayo Mayor David Coltart has called for a comprehensive investigation following the arrest of Deputy Mayor Edwin Ndlovu and Finance and Development Committee Chairperson Mpumelelo Moyo on corrupti...Published: 15 Nov 2024 at 09:41hrs | 2384 | by Staff reporter
'TTI operating at a loss in Bulawayo'
Tendy Three Investments (TTI), the company contracted to manage parking bays in Bulawayo, is reportedly operating at a significant loss and has proposed a drastic shift in its public-private partnersh...Published: 15 Nov 2024 at 08:38hrs | 1978 | by Staff reporter
Bulawayo Deputy Mayor arrested for bribery
The Deputy Mayor of Bulawayo, Edwin Ndlovu, and Councillor Mpumelelo Moyo, who chairs the Finance and Development Committee, have been arrested by the Zimbabwe Anti-Corruption Commission (ZACC) on all...Published: 15 Nov 2024 at 08:27hrs | 408 | by Staff reporter
Bulawayo parking firm boss rolls into City Hall in US$400k Rolls Royce
Lizwe Mabuza, the chairman of Tendy Tree Investments (TTI), the company managing Bulawayo's paid parking, arrived at City Hall in a US$400,000 Rolls Royce Cullinan last week, prompting a wave of publi...Published: 14 Nov 2024 at 13:16hrs | 1779 | by Staff reporter
Plundering of Zimbabwe's minerals stalling a just energy transition in fighting climate change
In his address at a High-Level Meeting on Resourcing the Energy Transition with Justice and Equity, held on the sidelines of COP29 in Baku, Azerbaijan, Zimbabwe's President Emmerson Mnangagwa delivere...Published: 14 Nov 2024 at 12:37hrs | 157 | by Tendai Ruben Mbofana
Zimbabwe's second-largest city at risk of running dry by year-end
The taps in Zimbabwe's second-biggest city may run dry by the end of this year.Already, residents of Bulawayo have had to cope without piped water for at least five-and-a-half days a week and ...Published: 14 Nov 2024 at 09:55hrs | 433 | by Staff reporter
Calls for stronger regulation of Starlink's expansion in Africa
The rapid expansion of Starlink's satellite internet services across Africa has prompted a growing chorus of concern from local industry experts, telecommunications companies, and internet service pro...Published: 14 Nov 2024 at 09:52hrs | 468 | by Staff reporter
ZESA addresses power outages
ZESA Holdings has reassured Zimbabweans that efforts are underway to address technical faults at the Hwange Power Station that have led to widespread power outages. The national power utility explaine...Published: 14 Nov 2024 at 09:25hrs | 194 | by Staff reporter
Zimbabwe govt launches investigation into Harare City Council demolitions
Justice, Legal and Parliamentary Affairs Minister Ziyambi Ziyambi announced that the Government has initiated an investigation into recent house demolitions carried out by the Harare City Council, whi...Published: 14 Nov 2024 at 09:19hrs | 95 | by Staff reporter
ZANU-PF MP, G40's Mashayamombe co-ordinate machete gangs, ready to kill
ZANU-PF legislator for Harare South constituency, Trymore Kanopula and a current secretly serving member of the Generation40 faction, Shadreck Mashayamomb...Published: 12 Nov 2024 at 23:49hrs | 2601 | by Gideon Madzikatidze/Simbarashe Sithole
'Trump Presidency to hurt Zimbabwe's trade, investments'
Zimbabwe's trade and investment prospects could face significant challenges following United States President-elect Donald Trump's proposed tariff policies, according to an analysis by FBC Securities....Published: 11 Nov 2024 at 07:13hrs | 2289 | by Staff reporter
Ex-Harare town clerk acquitted over US$80 million tender scandal
Former Harare Town Clerk Tendai Mahachi has been acquitted of charges relating to the alleged prejudice of the Harare City Council of US$80 million after he hired a foreign firm, Augur Investments, to...Published: 08 Nov 2024 at 07:15hrs | 612 | by Staff reporter
Chiwenga calls for stronger public-private partnerships
Vice-President Dr. Constantino Chiwenga emphasized the need for stronger partnerships between the Zimbabwean Government and private sector to accelerate infrastructure development and propel economic ...Published: 08 Nov 2024 at 06:59hrs | 64 | by Staff reporter
Nakamba fit for Warriors
Zimbabwean captain Marvelous Nakamba has declared himself fit and ready for national duty, despite a brief appearance as a late substitute in Luton Town's 1-0 win over Cardiff City in the English Cham...Published: 08 Nov 2024 at 06:49hrs | 113 | by Staff reporter
Zimbabwe diplomats to sign performance contracts
PRESIDENT Mnangagwa has rallied Zimbabwe's diplomats worldwide to attract investments, boost tourism, and enhance trade opportunities.To this end, all the country's diplomats will in fut...Published: 07 Nov 2024 at 07:02hrs | 190 | by Staff reporter
Zimbabwe's economy to grow 6% in 2025
Zimbabwe's economy is projected to expand by six percent in 2025, bolstered by favorable rainfall conditions that are expected to boost agricultural productivity, Finance, Economic Development, and In...Published: 07 Nov 2024 at 07:00hrs | 237 | by Staff reporter
Harare robbery ring busted
The Zimbabwe Republic Police (ZRP) has arrested five individuals suspected of being behind a series of high-profile armed robberies in Harare, including a major heist at Dinwoo Investments where US$30...Published: 07 Nov 2024 at 06:56hrs | 423 | by Staff reporter
Harare man attempts to defraud ZRP of US$1,6m
A Harare businessman, Langton Madara, has been convicted for attempting to defraud the Zimbabwe Republic Police (ZRP) of over US$1.6 million in a fraudulent scheme involving the supply of printing mat...Published: 06 Nov 2024 at 06:59hrs | 509 | by Staff reporter
Director's bid to defraud ZRP backfires
Langton Madara, director of Preperco Investments, has been ordered to perform 360 hours of community service after attempting to defraud the Zimbabwe Republic Police (ZRP) of US$1.6 million in a bond ...Published: 06 Nov 2024 at 06:50hrs | 107 | by Staff reporter
Zimbabwe villagers challenge construction of Chinese cement plant in their area
Villagers from Kapere and Chasara in Hurungwe have urgently appealed to the Ministry of Environment, calling for the cancellation of an Environment Impact Assessment (EIA) certificate issued to Labenm...Published: 05 Nov 2024 at 08:24hrs | 578 | by Staff reporter
Parly moves on teachers' welfare
In a move aimed at revitalizing Zimbabwe's education system, Parliament has emphasized the urgent need to improve teachers' welfare. This call was made during a workshop hosted by the Zimbabwe Teacher...Published: 05 Nov 2024 at 08:24hrs | 246 | by Staff reporter
Businessman acquitted of selling stolen fuel
Kwekwe businessman Mr. Asif Kurawely, the director of Seven Rows Investments (Pvt) Limited, trading as Arman Petroleum, has been acquitted of charges alleging he sold stolen fuel.Mr. Kurawely,...Published: 04 Nov 2024 at 15:46hrs | 1696 | by Staff reporter
Zimbabwe govt whips errant Chinese miners
The Zimbabwean government has intensified its efforts to combat environmental degradation linked to alluvial mining along the Sanyati River in Hurungwe, targeting two Chinese companies accused of illi...Published: 04 Nov 2024 at 06:48hrs | 876 | by Staff reporter
Zimbabwe power outages to ease as Hwange Unit 7 returns to operation
The Zimbabwean government has assured citizens that severe power outages affecting the country will ease this weekend as Hwange Unit 7, recently down for maintenance, is set to resume operation. The u...Published: 01 Nov 2024 at 06:32hrs | 372 | by Staff reporter
African Sun to Sell Monomotapa Hotel
The Zimbabwe Stock Exchange-listed hospitality group, African Sun Limited, has announced plans to sell its flagship property, the Monomotapa Hotel Crowne Plaza in Harare. The move comes as part of a s...Published: 01 Nov 2024 at 06:27hrs | 296 | by Sgtaff reporter
Chinese Steel Plant: Zimbabwe's economic boon
Zimbabwe is aiming to be home to Africa's largest steel plant, but disputes over the project continue even as it ramps up production.Over the past few months, villagers have been accusing the ...Published: 31 Oct 2024 at 06:53hrs | 7939 | by Staff reporter
Weak currency key to economic growth, says Mthuli Ncube
Finance, Economic Development and Investment Promotion Minister Mthuli Ncube has defended Zimbabwe's weak domestic currency, asserting that it has played a crucial role in fostering economic growth. S...Published: 31 Oct 2024 at 06:52hrs | 646 | by Staff reporter
Manager in court over ghost workers
Tinashe Madzima, a human resources manager at Livetouch Investments Private Limited, appeared in court on Tuesday facing fraud charges after allegedly creating fictitious employee accounts to defraud ...Published: 31 Oct 2024 at 06:50hrs | 662 | by Staff reporter
If Smith was an oppressor, then what is Mnangagwa?
As I sit here, my work at a standstill due to the daily power outages we are experiencing in Zimbabwe, most times going for 15 hours or more a day, I can not help wondering.What has this suppo...Published: 30 Oct 2024 at 22:17hrs | 843 | by Tendai Ruben Mbofana
Motorist collapses during argument with TTI 'clampers'
The Bulawayo City Council (BCC) has launched an investigation into alleged misconduct by Tendy Three Investments (TTI) traffic enforcers, who reportedly clamped the vehicle of a motorist suffering fro...Published: 30 Oct 2024 at 13:12hrs | 2079 | by Staff reporter
Devaluation fails to halt ZiG free-fall
Zimbabwe's new local currency, the Zimbabwe Gold (ZiG), has taken another hit, losing an additional 11% of its value in under a month following a substantial 43% "devaluation" announced by monetary au...Published: 29 Oct 2024 at 13:49hrs | 4502 | by Staff reporter
Choppies mulls Zimbabwe exit
Botswana-based retailer Choppies Enterprise Limited is contemplating a withdrawal from the Zimbabwean market, citing significant financial pressure stemming from the instability of the newly introduce...Published: 29 Oct 2024 at 07:44hrs | 6749 | by Staff reporter
CIO trio in court on robbery, extortion charges
Three state security agents attached to the Presidential Guard appeared in court yesterday, facing serious allegations of extorting and robbing a Chinese national of US$2,800.The accused, Cham...Published: 29 Oct 2024 at 07:43hrs | 1340 | by Staff reporter
9 power stations planned for Zimbabwe
Zimbabwe's energy sector is poised for a significant transformation next year, as nine new public and private power projects are expected to add 2,690 megawatts (MW) to the national grid. This increas...Published: 29 Oct 2024 at 07:32hrs | 636 | by Staff reporter
Gono company loss case continues
A key witness in the ongoing fraud trial involving a Harare couple accused of defrauding former Reserve Bank of Zimbabwe (RBZ) governor Gideon Gono has stated that Gono should be summoned to court to ...Published: 26 Oct 2024 at 12:42hrs | 68 | by Staff reporter
Zimbabwe to participate at top minerals summit
Zimbabwe is preparing to participate in the upcoming Critical Minerals Africa Summit, scheduled to take place in Cape Town, South Africa, from November 6 to 7. The summit comes at a time when the worl...Published: 25 Oct 2024 at 08:50hrs | 152 | by Staff reporter
Zesa unveils strategy to end load-shedding
ZESA Holdings has announced a transformative strategy to eliminate load-shedding by next year and achieve universal electricity access across Zimbabwe by 2030. The plan, detailed by ZESA executive cha...Published: 25 Oct 2024 at 08:44hrs | 306 | by Staff reporter
Gono fraud case takes a turn
The ongoing case involving a Harare couple accused of defrauding former Reserve Bank of Zimbabwe governor Gideon Gono took a surprising twist yesterday when a key witness admitted he had no direct evi...Published: 24 Oct 2024 at 08:00hrs | 989 | by Staff reporter
Call for reparations: A mere excuse by failed African leaders!
As the Commonwealth Heads of Government meeting (CHOGM) kicked off this week in Samoa, the topic of reparations for slavery and colonialism has once again been thrust into the spotlight. Sever...Published: 23 Oct 2024 at 20:31hrs | 270 | by Tendai Ruben Mbofana
Load More Stories