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Cyprus-based miner impressed by Karo project in Zimbabwe
Tharisa Plc, a Cyprus-based miner, has reported significant progress at its Zimbabwean operations with increased output across all facets. The company, integral to the energy transition and decarbonis...Published: 15 Jul 2024 at 08:29hrs | 169 | by Staff reporter
Zimbabwe power imports partly offset cuts
Zimbabwe can import up to 200MW from South Africa and two Mozambican suppliers to address its electricity shortfall caused by low water levels at Lake Kariba and reduced Zambezi River flows due to dro...Published: 15 Jul 2024 at 08:04hrs | 65 | by Staff reporter
Zimbabwe holds 7th rank in global rough diamond production
Zimbabwe has maintained its seventh position in global rough diamond production according to the Kimberley Process Certification Scheme. Despite facing sanctions and strict trading rules in major US a...Published: 10 Jul 2024 at 15:42hrs | 5 | by Staff reporter
John II's mission impossible to save Zimbabwe economy clocks 100 days
Zimbabwe's new central bank Governor John Mushayavanhu has done the seemingly impossible in his first 100 days - created a stable currency and tamed price pressures in a nation that's been a poster-ch...Published: 08 Jul 2024 at 11:06hrs | 3 | by Staff reporter
Gold output rebounds after Govt intervention
Gold deliveries by small-scale miners to Fidelity Gold Refinery have rebounded to January 2024 levels after the reversal of a 15 percent value-added tax (VAT) on gold deliveries. In the second quarter...Published: 07 Jul 2024 at 10:21hrs | | by Staff reporter
UK's Indian Prime Minister in stunning election loss
Keir Starmer vowed to bring change to Britain as its next prime minister after his Labour Party surged to a comprehensive win in a parliamentary election on Friday, ending 14 years of often tumultuous...Published: 05 Jul 2024 at 16:13hrs | 3 | by Staff reporter
Zambia to criminalise the use of US$ in local economy
Zambia's central bank published plans to criminalize the use of foreign currency in the local economy amid the biggest rally in the kwacha in four months.The southern African nation has faced ...Published: 01 Jul 2024 at 08:46hrs | 3 | by Staff reporter
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
Chamisa writes PhD thesis on Macheso's Sungura Music
Dr. Vimbai Chamisa, a Zimbabwean academic, has completed a PhD thesis exploring Sungura music, focusing particularly on the genre's maestro, Alick Macheso.Drawing from Social Identity theory, ...Published: 20 Jun 2024 at 09:11hrs | | by Staff reporter
Fidelity Gold Refinery gold supply zero-rating policy shows promise
The zero-rating of gold deliveries to Fidelity Gold Refinery (FGR) has started bearing fruits as the local currency, the Zimbabwe Gold (ZiG) continues to strengthen while gold miners have been allevia...Published: 18 Jun 2024 at 17:17hrs | 9 | by Tonderai Ndoro
Zimbabwe govt scraps VAT on gold deliveries
Finance, Economic Development and Investment Promotion Minister, Professor Mthuli Ncube, has abolished the 15 percent Value Added Tax (VAT) on gold deliveries to Fidelity Gold Refiners, as stipulated ...Published: 14 Jun 2024 at 07:05hrs | 6 | by Staff reporter
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
Zimbabwean mines given 2-year window to set up power plants
The Zimbabwean government has mandated that large-scale miners establish their own power generation plants by 2026 to meet the country's rising energy demands. This directive comes in response to proj...Published: 10 Jun 2024 at 08:40hrs | 2 | by Staff reporter
Zimbabwe miner expects to triple gold output
Caledonia Mining plans to triple its gold output by developing Bilboes, the gold asset it acquired last year, using a single-phase development strategy. The company initially considered a phased appro...Published: 05 Jun 2024 at 14:15hrs | | by Staff reporter
Zimbabwe mulls probe into drop in gold output
The government is considering investigating the small-scale gold mining sector to determine the factors behind the recent decline in deliveries, amid fears of increased smuggling. Gold production from...Published: 02 Jun 2024 at 09:04hrs | | by Staff reporter
Dinson completes Manhize power line
The construction of an 88-kilovolt transmission line by Dinson Iron and Steel Company, stretching from Sherwood substation in Kwekwe to Manhize, has been successfully completed. This milestone enables...Published: 30 May 2024 at 08:31hrs | | by Staff reporter
Warm reception for Zimbabwean blueberries in South Africa
The Zimbabwean blueberry export season commenced in mid-April, with the first products being shipped to South Africa where blueberry prices remain favourable. "The market has to be good to mak...Published: 28 May 2024 at 10:18hrs | | by Staff reporter
Zimbabwe to get $30 million payout for El Nino
Zimbabwe will get over half of an expected $60 million insurance pay out meant for four African nations as it reels from the impact of El Niño-induced drought that's already slashed corn output and l...Published: 18 May 2024 at 21:31hrs | | by Staff reporter
Mnangagwa defends Zimbabwe's new gold-backed currency
President Emmerson Mnangagwa has staunchly defended the newly launched gold-backed ZiG currency, asserting that it exemplifies his government's commitment to harnessing national resources. Mnangagwa m...Published: 12 Apr 2024 at 09:52hrs | | by Staff reporter
ANC officials spying for US
AFTER a long and bruising court battle that ended with Independent Media winning the case against the State Security Agency (SSA), which sought to prevent the publication of the contents of the SSA re...Published: 07 Apr 2024 at 12:36hrs | | by Staff reporter
Internet providers bemoan high taxation
ZIMBABWE'S internet access providers (IAPs) have raised concern about high taxes which they claim are impeding their ability to operate and forcing them to pass the costs to customers, Standardbusines...Published: 07 Apr 2024 at 10:22hrs | | by Staff reporter
Diplomatic tiff between Botswana and Germany: the magnificent ELEPHANT
The president of Botswana was not angry per se. He should never be angry if he is aware of the global positioning of states: which country is at the top of the other: who is the big brother and what a...Published: 06 Apr 2024 at 18:10hrs | 2 | by Nomazulu Thata
Southern Africa just had its driest February on record
A swathe of Southern Africa suffered the driest February in decades that wiped out crops, precipitated power shortages and threatened to send already high food prices surging further.Last mont...Published: 11 Mar 2024 at 17:10hrs | | by Staff reporter
GMB maize stocks fall
MAIZE stocks have declined in the nation's reserves at Grain Marketing Board (GMB) depots dotted across the country, and this may worsen food insecurity situation at a time when inflation and currency...Published: 11 Mar 2024 at 09:08hrs | | by Staff reporter
Zimbabwe gold deliveries to Fidelity continue to decline
According to the latest official data, there has been a significant decrease in GOLD deliveries to Fidelity Printers and Refineries (FPR).Statistics from FPR indicate a 22% drop in gold delive...Published: 10 Mar 2024 at 06:28hrs | | by Staff reporter
Gold set to anchor Zimbabwe dollar
GOLD has emerged as the most ideal instrument likely to be used to anchor the structured currency the Government is pursuing to stabilise the exchange rate and curtail persistent inflation.The...Published: 10 Mar 2024 at 06:23hrs | | by Staff reporter
Kariba Dam runs dry?
Zimbabwe and Zambia - already struggling with food shortages - are now reeling from low power generation at the Kariba power station due to the same underlying cause: El Niño.The climate syst...Published: 08 Mar 2024 at 05:14hrs | | by Staff reporter
Zimbabwe must deal with currency volatility causes, not symptoms
THE United Nations Economic Commission for Africa (Uneca) executive secretary Claver Gatete this week said Zimbabwe should deal with the root causes of currency volatility not symptoms.Gatete ...Published: 07 Mar 2024 at 05:10hrs | | by Staff reporter
10 new IPPs to generate 271MW for Zimbabwe
ZIMBABWE has licenced 10 more independent power producers (IPPs) to start generating 271MW of electricity in the next 12 to 24 months under the Government project support agreement which now holds clo...Published: 04 Mar 2024 at 04:42hrs | | by Staff reporter
NSSA hunts for new CEO
THE National Social Security Authority (Nssa) has started the process of hunting for a new general manager to replace Arthur Manase, who resigned in September last year while on suspension.Man...Published: 03 Mar 2024 at 16:43hrs | | by Staff reporter
Lake Mutirikwi hydro power plant nears completion
THE US$14,6 million hydro power plant that has a rated output of five megawatts of electricity that will be added to the national grid is now 70 percent complete and is expected to be commissioned in ...Published: 03 Mar 2024 at 08:45hrs | | by Staff reporter
Mnangagwa's upper middle-income economy is not achievable!
For the past six years, the Zimbabwe government has made enormous noise over its 'upper middle-income economy' vision. The country is supposed to attain this dream by the year 2030.The...Published: 27 Feb 2024 at 21:40hrs | | by Tendai Ruben Mbofana
Zimbabwe wants lithium miners to plan new capacity
Zimbabwe wants miners to come forward by the end of March with plans to produce battery-grade lithium, despite a sharp fall in global prices for the mineral, a senior government official said on Frida...Published: 26 Feb 2024 at 04:55hrs | | by Staff reporter
A life-giving greenbelt in Matabeleland South
AMID the anxiety and disillusionment occasioned by projections of below-normal rains in the 2023-2024 summer cropping season due to the El Niño weather phenomenon, some farmers opted not to plant any...Published: 25 Feb 2024 at 07:07hrs | | by Staff reporter
US$54 million Gwanda Lithium Mine employs 300
A TOTAL of 300 workers mainly locals have been employed at the newly-established Gwanda Lithium Mine Zimbabwe at Mandihongola area in Matebeleland South province, in yet another milestone investment u...Published: 21 Feb 2024 at 07:16hrs | | by Staff reporter
The growth, legacy of Pelandaba Bus Company
ESTABLISHED in 1958 by the late Mtshumayeli Joseph Ngwenya in Bulawayo, Pelandaba Buses, born out of poultry selling, is still growing 50 years later.It is also proving to be a lifelong legacy...Published: 20 Feb 2024 at 11:03hrs | | by Staff reporter
Zimbabwe makes ECD compulsory
It will now be mandatory for all children to enrol in early childhood development classes at four years, with the new Zimbabwe Early Learners Policy (ZELP) now extending primary education to nine year...Published: 14 Feb 2024 at 04:38hrs | | by Staff reporter
Traders reject Zimdollar
THE Zimbabwe dollar has continued to depreciate in 2024, with traders in some areas now refusing to accept the local currency, while parallel market exchange rates have been differing across the count...Published: 12 Feb 2024 at 13:49hrs | 1 | by Staff reporter
Lake Mutirikwi hydro power project 75% complete
Construction of the US$14,5 million mini-hydro power plant at Lake Mutirikwi Dam in Masvingo by Great Zimbabwe Hydro Power Company is now in the home stretch with the 5-megawatt station set for commis...Published: 31 Jan 2024 at 04:48hrs | | by Staff reporter
Zimbabwe electricity imports down 57%
ZIMBABWE has started reaping savings from reduced energy imports following improved domestic electricity generation mainly from the upgraded Hwange Thermal Power Station and the rising contribution by...Published: 30 Jan 2024 at 04:22hrs | 2 | by Staff reporter
Delta, Zimra fight over US$ tax
DELTA Beverages Pvt Ltd is up in arms with the Zimbabwe Revenue Authority (Zimra) after the tax collector concluded that the company had improperly computed its income tax, resulting in the matter spi...Published: 29 Jan 2024 at 10:14hrs | 10 | by Staff reporter
Tobacco output to dip as registered growers decline by 24%
The registered count of tobacco growers has seen a notable decrease of 24% compared to the corresponding period last year, indicating a potential reduction in yields for the upcoming season.To...Published: 13 Jan 2024 at 06:52hrs | | by Staff reporter
Zimbabwe gold output declines 15%
Zimbabwe produced 30 metric tons of gold in 2023, 15% less than the previous year, official data showed on Monday, as electricity cuts and currency volatility impacted output.The southern Afri...Published: 10 Jan 2024 at 17:47hrs | 1 | by Staff reporter
Zimdollar exchange rate bolts
MARKET watchers have predicted a gloomy 2024 outlook amid a galloping exchange rate, steep taxation and an ever tanking economy, NewsDay reported.As usual, this is heavily impacting on ordinar...Published: 08 Jan 2024 at 05:36hrs | 2 | by Staff reporter
US diplomat outlines an ambitious vision for Zimbabwe
BOTTOM LINE- The US Embassy in Harare has identified the potential for Zimbabwe to become a growth hub for Southern Africa.- This is a curious conclusion to draw given the fact that Zi...Published: 06 Jan 2024 at 18:33hrs | 1 | by Michael Walsh
Zimbabwe's third-quarter gold output up 0,4%
The Reserve Bank of Zimbabwe's third-quarter 2023 report has disclosed a 0.4% increase in gold output, primarily driven by Artisanal Small-Scale Gold Miners (ASGM) emerging as the leading contributors...Published: 27 Dec 2023 at 08:23hrs | | by Staff reporter
'Zimbabwe economic data questionable'
A team of technical experts from the International Monetary Fund (IMF) this week called into question the authenticity of economic data compiled by the Zimbabwe National Statistics Agency (Zimstat), r...Published: 22 Dec 2023 at 18:14hrs | 1 | by Staff reporter
Umkhonto weSizwe fighter will never forget what a white man told him in Zimbabwe in 1980
I have no idea whether the white man I am writing about is still alive or not. He gave me an understanding of what actually happened to us Africans, and how sinister it was, when we were colonized. Hi...Published: 19 Dec 2023 at 13:11hrs | 1 | by Thula Bopela
Zimbabwe forecasts huge grain deficit in 2024 amid El Nino drought
Zimbabwe's staple maize harvest is expected to halve to 1.1 million tons in 2024 due to an El Nino-induced drought, Finance Minister Mthuli Ncube said on Wednesday, flagging a huge grain deficit that ...Published: 15 Dec 2023 at 07:14hrs | | by Staff reporter
Suffering Zimbabweans should free themselves
CRISIS in Zimbabwe Coalition (CiCZ) chairperson and former Zimbabwe Congress of Trade Unions (ZCTU) president Peter Mutasa (PM) was awarded the International Trade Union Confederation Africa (ITUC-Afr...Published: 14 Dec 2023 at 16:16hrs | | by Staff reporter
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