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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 | 171 | 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 | 107 | by Staff reporter
Mnangagwa commissions US$18,5m Bulawayo students' complex
President Emmerson Mnangagwa yesterday officially commissioned the state-of-the-art Bulawayo Students Accommodation City Complex, a landmark project in Matsheumhlope suburb valued at US$18.5 million. ...Published: 16 Nov 2024 at 14:22hrs | 318 | 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
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-Zambia energy summit excites Zera
The upcoming Zimbabwe-Zambia Energy Projects Summit, set to take place in Victoria Falls from November 18 to 21, 2024, will serve as a pivotal platform for advancing sustainable energy solutions and e...Published: 14 Nov 2024 at 09:49hrs | 145 | by Staff reporter
Mnangagwa says mineral-rich countries must not remain poor
As the world transitions toward renewable energy, Zimbabwe and other mineral-rich nations must not remain impoverished but should harness opportunities to drive sustainable growth, President Emmerson ...Published: 14 Nov 2024 at 09:24hrs | 98 | by Staff reporter
Zimbabwe targets 2,100MW renewable energy by 2030
The Zimbabwean government has reaffirmed its commitment to advancing renewable energy solutions, aiming to achieve 1,100 megawatts (MW) from renewable energy sources by 2025 and 2,100 MW by 2030. Thes...Published: 11 Nov 2024 at 07:03hrs | 232 | by Staff reporter
Zimbabwe eyes deeper ties with China through belt and road initiative
Zimbabwe looks forward to deepening its partnership with China under the Belt and Road Initiative (BRI), anticipating extensive collaboration in economic development, said Midlands Minister of State f...Published: 09 Nov 2024 at 17:02hrs | 188 | by Staff reporter
Victoria Falls to get two new upmarket hotels
Zimbabwe's premier tourist destination, Victoria Falls, is set to see the construction of two luxury hotels, valued at a combined US$114.3 million, which will significantly boost the city's hospitalit...Published: 08 Nov 2024 at 06:49hrs | 224 | 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
Botswana to legalise undocumented Zimbabweans
Botswana’s new president has told the BBC that he wants undocumented Zimbabweans to be legalised by granting them temporary work and residence permits."They do jobs that would otherwise not ...Published: 08 Nov 2024 at 05:49hrs | 10620 | by Staff reporter
Zera blitz nets 300 smuggled LPG cylinders
THE Zimbabwe Energy Regulatory Authority (Zera) has seized 300 smuggled liquefied petroleum gas (LPG) cylinders from South Africa and Botswana for failure to conform to set local standards.The...Published: 07 Nov 2024 at 07:04hrs | 1047 | 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
Diasporans to host homecoming business summit
Zimbabwean businesspeople based abroad will converge in Harare next month for the much-anticipated Zimbabwe Diaspora Homecoming and Celebration Business Summit. The event, set for December 20, will be...Published: 06 Nov 2024 at 07:03hrs | 179 | by Staff reporter
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 | 1565 | by Staff reporter
Zanu-PF wants govt to enforce 'use it or lose it policy' in mining
ZANU-PF has instructed the government to amend legislation on exclusive prospecting orders (EPOs) and enforce the "use it or lose it" policy to prevent mining companies and individuals from holding cl...Published: 02 Nov 2024 at 08:35hrs | 197 | by Staff reporter
Zanu-PF pushes for accelerated de-dolarisation
The ruling Zanu-PF party has resolved to accelerate Zimbabwe's de-dollarisation process and strengthen the Zimbabwe Gold Currency (ZiG) as the country's sole legal tender. This decision was among key ...Published: 29 Oct 2024 at 13:50hrs | 3978 | 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
US Ambassador agrees that Zimbabwe was under sanctions
In a recently published op-ed, US Ambassador to Zimbabwe, Pamela M. Tremont, provided clarity on the sanctions imposed on Zimbabwe, emphasizing the limited scope and specific targets of these measures...Published: 25 Oct 2024 at 12:54hrs | 601 | by Ambassador Pamela M. Tremont
Zimbabwe targets 7 sectors for import substitution
In a bid to reduce reliance on imports and boost local industry, Zimbabwe has identified seven key sectors for import substitution.The country's short-term manufacturing blueprint, the Zimbabw...Published: 24 Oct 2024 at 12:51hrs | 736 | by Staff reporter
Jamboo joins Crowdcube in groundbreaking fundraising campaign
Fintech company Jamboo has embarked on an exciting new chapter, launching its fundraising campaign on Crowdcube, the UK's largest crowdfunding platform. Jamboo, co-founded by Zimbabwean entrep...Published: 23 Oct 2024 at 20:23hrs | 204 | by Agencies
Zimbabwe attracts US$1.2 billion in investments in Q3 of 2024
Zimbabwe attracted investments worth US$1.2 billion during the third quarter of 2024, with 168 new licences issued to investors by the Zimbabwe Investment and Development Agency (ZIDA), according to a...Published: 23 Oct 2024 at 07:45hrs | 115 | by Staff reporter
US investment in Zimbabwe's mining stall, Chinese investment booming
Zimbabwe's mining sector, despite being rich in natural resources, is facing challenges in attracting substantial investment from U.S. companies. Experts attribute this to policy inconsistency and cur...Published: 22 Oct 2024 at 17:16hrs | 1795 | by Staff reporter
The sanctions lie: How Zimbabwe's ruling elite is misleading the nation
As Zimbabwe moves towards the so-called "SADC Anti-Sanctions Day" on the 25th of October, the need arises again to unpack the shameful lies spread by the ruling establishment about these measures....Published: 20 Oct 2024 at 16:57hrs | 528 | by Tendai Ruben Mbofana
Zimbabwe army faces scrutiny over unlawful gold mining operations
Rusununguko/Nkululeko Holdings (Pvt) Ltd, a company owned by the Zimbabwe Defence Forces (ZDF), is allegedly conducting an unauthorized alluvial gold mining operation in Allied Timbers' Tarka Forest, ...Published: 20 Oct 2024 at 12:23hrs | 402 | by Staff reporter
BCC considers introduction of Tradable Municipal Bonds
The City of Bulawayo is exploring new ways to finance its critical infrastructure projects through a joint proposal from Financial Services Exchange (Private) Limited and Nedbank. The proposal aims to...Published: 20 Oct 2024 at 12:16hrs | 114 | by Staff reporter
French investors eye Zimbabwe rail project what is the risk of sanctions
A high-profile delegation from 20 leading French companies, led by France's Ambassador to Zimbabwe, Paul-Bertrand Barets, met President Emmerson Mnangagwa at State House in Harare yesterday, reaffirmi...Published: 20 Oct 2024 at 12:15hrs | 329 | by Staff reporter
Mnangagwa caps 2,394 graduands in Bindura
President Emmerson Mnangagwa, Chancellor of all state universities, presided over Bindura University of Science Education's (BUSE) 23rd graduation ceremony yesterday, capping a total of 2,394 graduate...Published: 19 Oct 2024 at 12:05hrs | 87 | by Staff reporter
Selling fuel in Zimbabwe's local currency will stabilising the ZiG
In a pivotal announcement, Zimbabwe's Finance Minister Mthuli Ncube declared that all taxes and fees should now be paid in the Zimbabwe Gold (ZiG) currency. This move is part of a broader strategy to ...Published: 17 Oct 2024 at 16:44hrs | 3248 | by Engineer Jacob Kudzayi Mutisi
Selling Fuel in Zimbabwe's Local Currency will Stabilising the ZiG
In a pivotal announcement, Zimbabwe's Finance Minister Mthuli Ncube declared that all taxes and fees should now be paid in the Zimbabwe Gold (ZiG) currency. This move is part of a broader strategy to ...Published: 17 Oct 2024 at 12:32hrs | 6185 | by Engineer Jacob Kudzayi Mutisi
Chiwenga Calls for Indian Investment
Zimbabwe's Vice President, General (Retired) Constantino G. D. N. Chiwenga, has invited potential Indian investors to capitalize on the strong bilateral r...Published: 17 Oct 2024 at 07:20hrs | 418 | by Gideon Madzikatidze and Simbarashe Sithole
25MW solar plant goes live in Zimbabwe
Centragrid's solar power plant in Nyabira has completed its expansion and has officially begun commercial production. The plant, one of Zimbabwe's pioneering independent power producers (IPPs), has se...Published: 15 Oct 2024 at 14:18hrs | 8452 | by Staff reporter
Global cement maker now in Zimbabwe
One of the world's top cement producers, Huaxin Cement Co. Ltd, has made a significant investment in Zimbabwe by committing US$15 million to build a new manufacturing plant in Mt Hampden. The plant, w...Published: 15 Oct 2024 at 08:25hrs | 477 | by Staff reporter
Zim-India bilateral cooperation deepens; as WTSA preps gains momentum
Zimbabwe and India are set to deepen their bilateral cooperation in the fields of healthcare and pharmaceutical, with the former (Zimbabwe) inviting and encourages Indian investors to set up related m...Published: 11 Oct 2024 at 20:54hrs | 220 | by Gideon Madzikatidze/Simbarashe Sithole
Zimbabwe government's continued web of lies on ZiG gold-backing exposed!
Yesterday's statement, in a ZBC interview, by Reserve Bank of Zimbabwe Governor John Mushayavanhu has sparked confusion regarding the country's new currency, the Zimbabwean Gold (ZiG). The gov...Published: 11 Oct 2024 at 08:32hrs | 2294 | by Tendai Ruben Mbofana
BCC invites investors to special economic zone
The Bulawayo City Council has granted approval for Lebanmon Investment Private Limited, a Chinese investment company, to establish a cement production facility at the Umvimila special economic zone. T...Published: 09 Oct 2024 at 07:45hrs | 188 | by Staff reporter
Chinese mining giant invests US$3.6 bn in Beitbridge venture
A groundbreaking US$3.6 billion energy industrial park is set to transform Beitbridge following a collaboration between the Government of Zimbabwe, Chinese mining firm Palm River Energy, and the Metal...Published: 07 Oct 2024 at 07:56hrs | 1337 | by Staff reporter
Mutapa assets valued at US$16bn
A comprehensive valuation of companies under the Mutapa Investment Fund (MIF), carried out by prominent local and international accounting firms over the past five months, has placed the total value o...Published: 06 Oct 2024 at 10:02hrs | 217 | by Staff reporter
Dexter Nduna warned by City of Harare
The City of Harare has issued a stern warning to former Zanu PF MP Dexter Nduna, stating that he has no legal authority to unclamp vehicles targeted for enforcement by City Parking. This response foll...Published: 05 Oct 2024 at 15:18hrs | 3401 | by Staff reporter
Mnangagwa's SONA lacks solutions
President Emmerson Mnangagwa's recent State of the Nation Address (Sona) has faced sharp criticism for failing to address Zimbabwe's pressing crises, leaving many feeling uninspired and disillusioned....Published: 04 Oct 2024 at 08:48hrs | 300 | by Staff reporter
Chinese company to set up cement factory in Bulawayo
The Bulawayo City Council has granted approval to Chinese company Labenmon Private Limited to establish a cement grinding facility at Umvumila Industrial Park, located near the United College of Educa...Published: 03 Oct 2024 at 17:36hrs | 970 | by Staff reporter
Declining state of Bulawayo worries residents
Bulawayo residents have lamented the decline in the status of the city, once an industrial powerhouse and considered the smartest in the country. They attribute this decline to poor governance and an ...Published: 03 Oct 2024 at 10:58hrs | 565 | by Stephen Jakes
Mnangagwa frets over resurgent black market
In his State of the Nation Address (SONA) delivered during the official opening of the second session of the 10th Parliament in Mt Hampden, President Emmerson Mnangagwa expressed deep concern over the...Published: 03 Oct 2024 at 08:58hrs | 610 | by Staff reporter
Zimbabwe bankers warn of price increases
Bankers in Zimbabwe are raising alarms about potential price increases and shortages of basic commodities following the recent devaluation of the Zimbabwe Gold (ZiG) by over 40% by the Reserve Bank of...Published: 03 Oct 2024 at 08:56hrs | 299 | by Staff reporter
Foreign mining companies should follow Zimbabwe laws
Foreign mining companies must ensure their operations in Zimbabwe benefit indigenous citizens, who are the rightful owners of the country's natural resources. This was the message from Remigious Matan...Published: 03 Oct 2024 at 08:40hrs | 152 | by Staff reporter
7 big global companies dump South Africa
Many large global companies, including Shell, HSBC, PNB Paribas, Rolex, AngloGold Ashanti, TotalEnergies, and BP's Aviation Fuel Business, are dumping South Africa.Last week, HSBC announced th...Published: 02 Oct 2024 at 12:35hrs | 1192 | by Staff reporter
Chinese company to build lithium refinery plant in Zimbabwe
Sinomine Resource Group Co.'s Zimbabwean unit plans to build a $500 million lithium refinery in the next 3-5 years, even as the company currently loses money due to weak metal prices."We have ...Published: 01 Oct 2024 at 15:34hrs | 1895 | by Staff reporter
BCC denounces Dexter Nduna's bid to seize parking management in Bulawayo: A threat to local jobs and progress
Bulawayo - The City of Bulawayo is once again under threat, not by external forces, but by a political figure intent on sabotaging the livelihoods of its young citizens. Dexter Nduna, a notorious ZANU...Published: 30 Sep 2024 at 14:28hrs | 6151 | by Mandla Ndlovu
Anti-Chinese investors Maguwu releases a damning report
The relationship between Chinese-owned extractive companies and local communities in Zimbabwe has deteriorated, marked by growing mistrust, suspicion, and a series of reported abuses. A recent report ...Published: 30 Sep 2024 at 07:55hrs | 911 | by Staff reporter
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