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Zimbabwe industries buckle under prohibitive power tariffs
Zimbabwe's industries have been severely affected by a sharp power tariff hike implemented in November, leading to a 15% rise in costs for mines and disrupting various sectors. The 44% tariff ...Published: 06 Sep 2024 at 14:45hrs | 104 | by Staff reporter
2 arrested for allegedly manufacturing fake money
Two men have been arrested for allegedly manufacturing counterfeit US dollar and rand currency from a house in Pretoria.Jude Yaya Oka and Evans Akor Tiku were arrested on Tuesday by the Pretor...Published: 06 Sep 2024 at 07:42hrs | 279 | by Staff reporter
Zesa introduces prepaid meters for industries
The Zimbabwe Electricity Transmission and Distribution Company (ZETDC) is introducing prepaid meters for medium and large-scale customers, including those in the manufacturing sector, to address its s...Published: 02 Sep 2024 at 11:26hrs | 374 | by Staff reporter
Mnangagwa tours Huawei and BYD companies
President Mnangagwa this morning, toured Chinese electric car manufacturing company BYD and global telecommunications giant Huawei, in China's technology-hub city of Shenzhen....Published: 01 Sep 2024 at 19:17hrs | 552 | by Staff reporter
US keen to improve relations with Zimbabwe
The United States is keen on improving diplomatic relations with Zimbabwe and increasing trade between the two nations, according to US Ambassador to Zimbabwe, Pamela Tremont. Following her c...Published: 31 Aug 2024 at 11:13hrs | 229 | by Staff reporter
Bulawayo sees surge in building investments
Bulawayo, once Zimbabwe's industrial hub, is experiencing a significant re-industrialisation drive, with increasing investor interest and the launch of multi-million dollar projects aimed at restoring...Published: 28 Aug 2024 at 15:28hrs | 3351 | by Staff reporter
Zimbabwe critical skills gap set for major boost
The science and technology skills gap in Zimbabwe is set to narrow as the government prioritizes scholarships offered by India and Mauritius. Following a skills audit conducted in 2018 to alig...Published: 26 Aug 2024 at 07:57hrs | 251 | by Staff reporter
Sadc reiterates call for Zimbabwe sanctions removal
The 44th SADC Summit of Heads of State and Government, held in Zimbabwe, renewed its call for the removal of Western-imposed sanctions on Zimbabwe, emphasizing that these punitive measures negatively ...Published: 19 Aug 2024 at 07:00hrs | 117 | by Staff reporter
Mnangagwa's SADC Chair acceptance speech
May I express my profound appreciation to His Excellency, João Lourenço, President of the Republic of Angola, for the astute and visionary leadership in steering our organisation, as Chairperson of ...Published: 17 Aug 2024 at 20:43hrs | 355 | by Emmerson Dambudzo Mnangagwa
Tanzania's President arrives in Zimbabwe for SADC Summit
Tanzania's President Dr. Samia Suluhu Hassan and former President Dr. Jakaya Kikwete have arrived at Robert Mugabe International Airport in Harare to attend the SADC Summit for Heads of State and Gove...Published: 15 Aug 2024 at 17:09hrs | 1054 | by Staff reporter
Chief in bribery storm
A Hurungwe traditional leader, Chief Elfas Dendera, is facing allegations of bribery in connection with a US$1 billion investment project. The project, a cement manufacturing plant and thermal power s...Published: 15 Aug 2024 at 08:01hrs | 442 | by Staff reporter
Why NetEnt stands out as a top-tier game developer
When asked about the best game developers, which software provider would everyone think of? We bet that many will recall NetEnt with its highest-quality slot machines and exceptional features. The com...Published: 13 Aug 2024 at 21:45hrs | 73 | by Jacob Kudzayi Mutisi
'Zimbabwe economic growth unstoppable,' claims Mnangagwa
President Mnangagwa, in his address at the 44th Heroes Day commemorations at the National Heroes’ Acre, emphasized Zimbabwe's unstoppable economic growth, driven by the sacrifices of the nation's li...Published: 13 Aug 2024 at 17:12hrs | 214 | by Staff reporter
China plays key role in Zimbabwe's path to industrialisation
CHINA is a key player in Zimbabwe's quest to transition from primary industries to manufacturing value chains, a Zimbabwean official has said.In an interview with Xinhua on the sidelines of th...Published: 04 Aug 2024 at 14:54hrs | 155 | by Staff reporter
Zimbabwe's ZIDA attracts US$1,8bn investment
Zimbabwe attracted investments totaling US$1.8 billion in the second quarter of the year, with US$745 million in the manufacturing sector and US$282.7 million in mining. The Zimbabwe Investment and De...Published: 03 Aug 2024 at 12:26hrs | 60 | by Staff reporter
Zimbabwe to build two new generators at Hwange
The Zimbabwean Government has commenced preparatory work on developing two new units at Hwange Power Station to enhance the nation's base load capacity. This follows the commissioning of Hwange Units ...Published: 30 Jul 2024 at 07:22hrs | 447 | by Staff reporter
3rd Canada-Africa Business Conference to take place from October 15-16 in Harare, Zimbabwe
TORONTO, Canada - Members and guests of The Canada-Africa Chamber of Business (www.CanadaAfrica.ca) are invited to the Canada-Africa Business Conference in Harare. The two-day program will once again ...Published: 24 Jul 2024 at 11:26hrs | 197 | by APO
Russian investors keen on Zimbabwe energy sector
Foreign Affairs and International Trade Minister Ambassador Frederick Shava met with a Russian business delegation from the Renova Group, led by director of strategy Mr. Oleg Fomichev, to explore oppo...Published: 23 Jul 2024 at 07:13hrs | 145 | by Staff reporter
Zimbabwe misses mineral revenue target
Zimbabwe faces a challenging economic outlook for 2024, with economists warning of reduced foreign exchange reserves, diminished government revenue, and decreased economic activity due to lower global...Published: 19 Jul 2024 at 06:20hrs | 538 | by Staff reporter
Stanbic Bank named national winners for supporting Micro, SMEs in Zimbabwe
Leading financial services institution, Stanbic Bank has been named National Winner for supporting micro, small to medium enterprises in Zimbabwe by the Zimbabwe National Chamber of Commerce (ZNCC)....Published: 12 Jul 2024 at 10:35hrs | 103 | by Staff Reporter
Zimbabwe should ditch the toxic US dollar
Zimbabwe's economy has been intertwined with the US dollar for over a decade, a relationship that began as a pragmatic response to hyperinflation and economic collapse in the late 2000s. The adoption ...Published: 12 Jul 2024 at 09:46hrs | 55 | by Staff writer
Cost-cutting money transfer facility launched
In the wake of liquidity crunch, economic meltdown and massive transaction taxation on remittances, TX Money Transfer has been launched this Wednesday to ease doing of business.The facility ha...Published: 11 Jul 2024 at 14:36hrs | 169 | by Edson Mapani in Buhera
Please stop making our children idolize tyranny, Mr. President!
Children usually become like their parents.That is why there is the saying, 'an apple doesn't fall far from the tree'.The greatest ability children were given by the Creator, as a lear...Published: 04 Jul 2024 at 20:21hrs | 14 | by Tendai Ruben Mbofana
President William Ruto's poor and misguided politics! He lied to the voters
We still have voices in Africa that spell it out: That one voice comes from Ghana: Kwesi Prett Jr. does not mince words: His politics is eloquent, he understands African politics. Without fear or favo...Published: 02 Jul 2024 at 21:11hrs | 14 | by Nomazulu Thata
Mnangagwa claims infrastructure developments not only for SADC Summit
President Emmerson Mnangagwa announced plans to extend the infrastructure developments currently underway in Harare to other provinces as part of Zimbabwe's broader modernization initiative. Speaking ...Published: 01 Jul 2024 at 04:09hrs | | by Staff reporter
Zimbabwe's solar sector poised for growth
Solarpro Zimbabwe's latest report highlights the immense growth potential of Zimbabwe's solar sector, presenting a lucrative investment opportunity aligned with sustainable development goals. Accordin...Published: 30 Jun 2024 at 18:33hrs | 2 | by Staff reporter
Zimbabwe power crisis grounds industries
In Zimbabwe, recent rolling blackouts have severely impacted key industries, raising concerns about potential economic downturns and job losses. Kurai Matsheza, president of the Confederation of Zimba...Published: 30 Jun 2024 at 18:32hrs | 1 | by Staff reporter
Bulawayo attracts over US$77m in investments
In 2023, Bulawayo Metropolitan Province attracted approximately US$77.28 million in projected investments, marking a significant contribution to Zimbabwe's economic growth. This achievement was facili...Published: 30 Jun 2024 at 18:25hrs | 1 | by Staff reporter
IMF says Zimbabwe's economy continues to show resilience
In light of new policy developments, an International Monetary Fund (IMF) staff team led by Mr. Wojciech Maliszewski conducted a second mission to Harare during June 18-27, 2024, to conclude the 2024 ...Published: 28 Jun 2024 at 13:01hrs | 4 | by Staff reporter
FIU targets informal sector ZiG manipulators
The Financial Intelligence Unit (FIU), part of the Reserve Bank of Zimbabwe (RBZ), is intensifying efforts against the informal sector to combat currency manipulation aimed at undermining the Zimbabwe...Published: 26 Jun 2024 at 07:14hrs | | by Staff reporter
Fresh push to drive intra-Sadc trade
Industry and Commerce Minister Nqobizitha Ndlovu urged the private sector to identify obstacles hindering regional trade within Sadc nations, aiming to enhance intra-Africa trade amid recent tensions ...Published: 24 Jun 2024 at 07:03hrs | 1 | by Staff reporter
US$450 million to repower Hwange Units 1-6
The Zimbabwe Power Company (ZPC) has secured a US$50 million loan to initiate the repowering of Hwange Power Station Units 1 to 6, aiming to boost the nation's power generation capacity. This move is ...Published: 23 Jun 2024 at 10:27hrs | 22 | by Staff reporter
Manhize steel plant to create 150 000 jobs within 10 years
The Dinson Iron and Steel Company (Disco) in Manhize aims to create 25,000 direct jobs and 150,000 opportunities in related industries within the next five to ten years. Currently employing nearly 2,0...Published: 23 Jun 2024 at 08:49hrs | 4 | by Staff reporter
South African GNU and Zimbabwe economy
GNU as portfolio controlThis week, South Africa's President Cyril Ramaphosa was inaugurated for his second and last term in office under the current Constitution.What is now awaited is...Published: 22 Jun 2024 at 11:28hrs | 2 | by @Jamwanda2 on Saturday
Hwange power station now Zimbabwe's primary electricity generator
electricity generato\The Hwange Thermal Power Station has emerged as the primary electricity generator for Zimbabwe, meeting a significant portion of the national grid demands.In the first...Published: 21 Jun 2024 at 11:13hrs | | by Staff reporter
Man loses fingers at Chinese factory
A man from Harare is pursuing legal action against Chinese tile manufacturer Sunny Yiefeng, seeking compensation following a workplace accident that resulted in the loss of his fingers. Actor Tinashe ...Published: 19 Jun 2024 at 07:35hrs | 1 | by Staff reporter
Zimra, Quest Motors clash over import duty
The Supreme Court has ordered a retrial in the case between Quest Motor Manufacturing Company and the Zimbabwe Revenue Authority (Zimra) concerning import duty for parts used to assemble Toyota vehicl...Published: 14 Jun 2024 at 07:08hrs | 19 | by Staff reporter
'Be proud of being Zimbabwean'
President Mnangagwa, speaking at the 10th CEO Africa Roundtable conference in Victoria Falls, urged Zimbabweans to be proud of their country's progress despite 24 years of illegal sanctions. He highli...Published: 14 Jun 2024 at 07:08hrs | | by Staff reporter
The way to a man's heart is through his stomach
Zimbabwean cuisine is very diverse and varied just like its cultures and languages. The staple food is sadza, pap, that can also be called differently by minority tribes. Sadza features in most ...Published: 13 Jun 2024 at 22:13hrs | | by Tondo Chinehasha
Intra-Africa exports surge
At the 31st Afreximbank Annual Meetings in Nassau, The Bahamas, Kwazulu-Natal premier Nomusa Dube-Ncube highlighted Africa's growing intracontinental commerce, which now constitutes 16.3% of total tra...Published: 13 Jun 2024 at 10:26hrs | | by Staff reporter
Manufacturing sector on the rise in Zimbabwe
Zimbabwe's manufacturing sector is experiencing a significant resurgence, with capacity utilization surging to 53.2 percent, driven by growth in food, tobacco, cotton, leather, timber, furniture, phar...Published: 10 Jun 2024 at 14:03hrs | 263 | by Tonderai Ndoro
The Engagement and Reengagement policy continues to yield fruits
The Second Republic, led by President E.D. Mnangagwa, continues to build momentum with its engagement and re-engagement policy. Yesterday, President Mnangagwa met with his counterpart, Preside...Published: 04 Jun 2024 at 08:18hrs | 1 | by Tonderai Ndoro
Dongfeng trucks enter Zimbabwe market
Dongfeng Trucks, a new entrant in the truck supplier market in Zimbabwe, made its debut at the ADMA AgriShow held at Art Farm in Pomona, Harare. This introduction comes through partnerships with major...Published: 30 May 2024 at 08:27hrs | 8 | by Staff reporter
Dinson switches on limestone plant in Zimbabwe
The Dinson Iron and Steel Company (Disco) has activated its limestone production unit in preparation for the commencement of operations at the US$1.5 billion iron and steel plant starting today in Man...Published: 24 May 2024 at 08:32hrs | 4 | by Staff reporter
Rejuvenating the Real Estate Market in Matabeleland, Zimbabwe: Strategies for Development and Competitiveness
Chief Real Estate Officer, Integrated Properties Zimbabwe, a nation with a storied history and a vibrant yet tumultuous economy, faces multifaceted chal...Published: 19 May 2024 at 20:58hrs | 6 | by Dr Bekithemba Mpofu
Bulawayo attracts US$135m investment
BULAWAYO has to date attracted investment worth US$135 million in the manufacturing sector, which has seen the creation of more than 33 000 direct jobs, with the Government revealing that the city is ...Published: 19 May 2024 at 10:49hrs | 2 | by Staff reporter
Remittances and FDI: Harmonizing Zimbabwe's economic strategies for sustainable growth
Zimbabwe's economy stands at a critical juncture, grappling with deep-seated challenges such as systemic unemployment, volatile currency fluctuations, and an uncertain business climate. Within this pr...Published: 18 May 2024 at 15:27hrs | 7 | by Dr Bekithemba Mpofu
Zimbabwe spends US$40m on importing spaghetti
Zimbabwe's annual importation of approximately US$40 million worth of macaroni and spaghetti, primarily from Egypt, reflects the nation's sluggish industrialization progress. Despite pasta not being a...Published: 18 May 2024 at 11:55hrs | 22 | by Staff reporter
Zimbabwe central bank governor gets a rude awakening
BUSINESS executives yesterday gave Reserve Bank of Zimbabwe (RBZ) governor John Mushayavanhu a rude awakening after a snap survey which showed that they were not ready to support the new currency....Published: 12 Apr 2024 at 09:49hrs | 6 | by Staff reporter
Mnangagwa wants Zimbabweans to 'embrace, defend the ZiG'
Sustainable economic development can only be achieved through the use of a local currency which will stimulate economic growth and guarantee stability, President Mnangagwa has said.This follow...Published: 12 Apr 2024 at 09:47hrs | | by Staff reporter
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