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Mthuli Ncube unveils ambitious infrastructure funding overhaul
Finance, Economic Development, and Investment Promotion Minister Professor Mthuli Ncube has announced plans to restructure the sinking fund and expand the e-tolling system to secure sustainable revenu...Published: 09 Dec 2024 at 06:44hrs | 1019 | by Staff reporter
US$88million needed for airports upgrade
The Airports Company of Zimbabwe (ACZ) requires US$88 million in the 2025 financial year to fund critical infrastructure development projects, including the construction and refurbishment of airports ...Published: 22 Nov 2024 at 07:02hrs | 154 | by Sgtaff reporter
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: 21 Nov 2024 at 06:30hrs | 303 | by Staff reporter
Zimbabweans to endure 6 more years with load shedding
The Zimbabwe Electricity Supply Authority (Zesa) is undertaking energy generation projects worth 3,000MW to eliminate load-shedding and achieve universal electricity access by 2030. The initiatives ar...Published: 20 Nov 2024 at 06:49hrs | 302 | by Staff reporter
Underfunding sinks Zimbabwe school projects
Government-funded school projects are progressing at a snail's pace, with many targets missed due to insufficient funding from Treasury, according to a Parliamentary Portfolio Committee report. The re...Published: 19 Nov 2024 at 08:50hrs | 65 | by Staff reporter
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 | 121 | by Staff reporter
Slow-pace BF upgrades frustrate councillors
THE Bulawayo City Council (BCC) Councillors have expressed concern over the slow pace of upgrading Barbourfields Stadium to meet international standards to host international games.According t...Published: 06 Sep 2024 at 07:50hrs | 166 | by Staff reporter
Mohadi rallies mining investors
Vice President Kembo Mohadi has urged investors from Indonesia and other countries to explore mining opportunities in Zimbabwe, emphasizing the importance of local value addition and beneficiation. ...Published: 04 Sep 2024 at 07:49hrs | 58 | by Staff reporter
Mashonaland's new city takes shape
The Government of Zimbabwe has commenced servicing land in Mt Hampden, where the new commercial and administrative capital will be established. This follows the recent repossession of 47 farms coverin...Published: 25 Aug 2024 at 11:18hrs | 750 | by Staff reporter
Old Gwanda Road construction to commence this month-end
The construction and upgrading of the 120-kilometer Bulawayo-Old Gwanda Road by Zwane Enterprises, under a US$110 million Public-Private Partnership (PPP), is set to begin at the end of this month. ...Published: 18 Aug 2024 at 12:23hrs | 933 | 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 | 61 | by Staff reporter
Zimbabwe to utilise PPPs to expedite roads rehab in Matebeleland
The Ministry of Transport and Infrastructural Development says it is utilising Public-Private Partnerships (PPPs) to expedite the rehabilitation of some dilapidated roads in the Matabeleland region....Published: 26 Jul 2024 at 09:05hrs | 720 | by Staff reporter
Tackling Zimbabwe's property price surge
The Zimbabwean property market is facing significant challenges, marked by skyrocketing property prices that seem incongruous when compared to those in neighbouring South Africa.These challeng...Published: 24 Jun 2024 at 10:13hrs | 81 | by Dr Bekithemba Mpofu
Zimbabwe rated Africa's most expensive economy
Zimbabwe was recently identified as Africa's most expensive country according to a comprehensive study by the African Development Bank (AfDB). The study assessed power purchasing parities (PPPs) and e...Published: 15 Jun 2024 at 11:13hrs | 65 | by Staff reporter
Gvt partners with Sakunda to invest in upgraded seating for National Sports Stadium
The Government, in partnership with Sakunda Holdings, has invested in upgrading the National Sports Stadium, paving the way for international events to return to Zimbabwe. This development is ...Published: 10 Jun 2024 at 09:45hrs | 38 | by Tonderai Ndoro
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 | 31 | by Dr Bekithemba Mpofu
47 farms earmarked for new city
FORTY-SEVEN farms in Mashonaland West and Mashonaland Central provinces have been earmarked for the development of the new capital city in Mt Hampden, where work on core infrastructure, which includes...Published: 10 Mar 2024 at 06:24hrs | 16 | by Staff reporter
Zimbabwe moves to address investor concerns
THE Zimbabwe Investment and Development Agency (Zida) is working round the clock to operationalise a system for resolving investor complaints in line with international best practices.The syst...Published: 27 Feb 2024 at 04:41hrs | | by Staff reporter
Mthuli Ncube wants PPPs in stadiums revamp
FINANCE, Economic Development and Investment Promotions minister Mthuli Ncube has urged private players to come on board to help revamp stadiums. Ncube said private players could come on board under t...Published: 29 Jan 2024 at 07:02hrs | | by Staff reporter
Calls for urgent repair of Victoria Falls, Tsholotsho, Nkayi roads grow louder
MATEBELELAND North Provincial Affairs and Devolution Minister, Richard Moyo, has urged the Treasury and the Ministry of Transport and Infrastructural Development to speed up the rehabilitation of the ...Published: 08 Jan 2024 at 05:32hrs | 14 | by Staff reporter
BCC addresses housing backlog
BULAWAYO City Council (BCC) is moving towards reducing the city's housing backlog through public-private partnerships (PPPs), among other interventions.Bulawayo's housing backlog stands at ove...Published: 27 Dec 2023 at 10:08hrs | 10 | by Staff reporter
Zimbabwe attracts US$8bn investments in 2023
Zimbabwe this year attracted investments worth US$8 billion, double the amount that had been targeted by the Zimbabwe Investment and Development Agency (ZIDA) at the beginning of the year, as the Seco...Published: 29 Nov 2023 at 05:07hrs | 11 | by Staff reporter
Mnangagwa's son calls for urgent finance mobilisation
David Kudakwashe Mnangagwa, the newly-appointed Deputy Finance Minister, has emphasized the urgent need to explore innovative ways of mobilizing public and private resources to support sustainable eco...Published: 02 Oct 2023 at 06:27hrs | 4 | by Staff reporter
New 60-bed hospital takes shape in Bulawayo's Parklands
A BULAWAYO entrepreneur, Mr Victor Moyo is building a 60-bed hospital in Parklands suburb, a development that will complement Government efforts to improve access to healthcare services in the city....Published: 18 Sep 2023 at 06:58hrs | 1 | by Staff reporter
Bulawayo students' complex already full
SPACE at the US$17 million student accommodation complex in Bulawayo is reportedly full as a number of students from different institutions have taken up residence with hundreds who have been making e...Published: 10 Sep 2023 at 08:56hrs | 4 | by Staff reporter
Zimbabwe's Beitbridge border post project a flagship PPP
South African infrastructure development and construction materials supply group Raubex CEO Felicia Msiza enthuses that the project Raubex completed for the Zimbabwean government's road authority Zimb...Published: 06 Sep 2023 at 20:24hrs | 4 | by Cameron Mackay
NRZ gets US$115m loan to procure new locomotives, wagons
A NEW era is beckoning for the National Railways of Zimbabwe (NRZ), which is expected to tap into a US$115 million line of credit negotiated by the Government towards procurement of new locomotives an...Published: 25 Jul 2023 at 06:39hrs | 1 | by Staff reporter
Zida approved 4 PPPs in Q2
THE Zimbabwe Investment and Development Agency (Zida) approved four public-private partnerships (PPPs) in the second quarter of this year, with a combined value of more than US$186 million.The...Published: 17 Jul 2023 at 06:58hrs | 9 | by Staff reporter
Chinese diplomat detaches country policy from offending firms in Zimbabwe
Economic and Commercial Counsellor at the Chinese embassy to Zimbabwe, Huang Minghai says some of the unscrupulous behaviour seen of some Chinese firms operating in Zimbabwe is not part of the Asian c...Published: 24 May 2023 at 17:12hrs | 1 | by Staff reporter
Mnangagwa's govt stripping assets, claims MPs
LEGISLATORS have accused the Executive of systematically stripping the country of its valuable assets and selling them through opaque deals, which observers say smells of deep-rooted corruption and pl...Published: 30 Aug 2022 at 06:35hrs | 1 | by Staff reporter
Zimbabwe developing a new US$60bn capita city
Plans to develop Zimbabwe's new capital city in Mt Hampden are gathering momentum, with a masterplan for the multi-billion-dollar ultra-modern development now complete.The US$60 billion metrop...Published: 31 Jul 2022 at 08:10hrs | 6 | by Staff reporter
Beitbridge border toll fees should be affordable to all
THE Second Republic has since its inception prioritised infrastructure development with the aim of modernising, boosting the country's productive sectors and ensuring efficient provision of social ser...Published: 10 Jun 2022 at 07:54hrs | 1 | by Staff reporter
ZANU PF MPs want 2023 elections postponed
With the party popularity nosediving from 51% in 2018 down to below 30% at present due to poverty, unemployment and poor economic policies, ZANU PF Members of Parliament (MPs) are sensing danger and w...Published: 25 May 2022 at 10:26hrs | | by John Mbizvo
ZANU-PF MPs want 2023 elections postponed
With the party popularity nosediving from 51% in 2018 down to below 30% at present due to poverty, unemployment and poor economic policies, ZANU PF Members of Parliament (MPs) are sensing danger and w...Published: 21 May 2022 at 16:05hrs | 8 | by John Mbizvo, Political Analyst
Mnangagwa's govt targeting 10 000km roads rehab'
GOVERNMENT is targeting to rehabilitate 10 000km of road infrastructure countrywide, including major highways to ensure achievement of world-class road network in line with Vision 2030, Transport depu...Published: 23 Nov 2021 at 06:00hrs | 7 | by Staff reporter
Chiwenga invites private sector to partner Govt
GOVERNMENT is forging ahead with infrastructural development as it is the bedrock for sustainable economic recovery and growth, Vice President Dr Constantino Chiwenga, who is also Health and Child Car...Published: 16 Oct 2021 at 06:27hrs | | by Staff reporter
COVID-19 overstreches medical aid industry
THE health insurance industry has been overstretched by the COVID-19 pandemic, with statistics indicating that 69% of healthcare funders have experienced a surge in cases of respiratory illnesses attr...Published: 12 Oct 2021 at 06:00hrs | 1 | by Staff reporter
Old colonial houses, flats face demolition
AS the Second Republic moves to clear a 1,2 million housing waiting list backlog, colonial structures in the country's old suburbs will be pulled down to build back better facilities that are in tande...Published: 03 Sep 2021 at 06:43hrs | | by Staff reporter
BCC seeks partners for Emganwini flats
Bulawayo City Council (BCC) is set to construct residential flats in Emganwini and is inviting financially sound investors to partner the local authority in delivering homes to residents. Public priva...Published: 31 Aug 2021 at 06:08hrs | | by Staff reporter
Govt pumps $1m into VTCs
GOVERNMENT has allocated $1 million to vocational training centres (VTCs) across the country to enable them to produce multi-skilled graduates.This was revealed by Youth, Art, Sport and Recrea...Published: 29 Mar 2021 at 06:29hrs | | by Staff reporter
Funding deal struck for Beitbridge border revamp
A US$300 million deal has been struck for the redevelopment of the Beitbridge Border Post, with a consortium of South African banks availing funds for a project that is expected to not only provide a ...Published: 14 Feb 2021 at 09:41hrs | 9 | by Staff reporter
Re-imagining education in the Second Republic
OUR education should produce goods and services and it's not doing so. It should produce solutions to our challenges, but it's not. It should produce job creators, but its producing job seekers. So th...Published: 06 Dec 2020 at 07:40hrs | 7 | by Nick Mangwana
Emperor with no robes
The proverbial Emperor with no robes aptly describes the government of Zimbabwe and particularly President Mnangagwa following the August 29 2020 court interdict against unlawful reburials of Gu...Published: 05 Oct 2020 at 08:18hrs | | by Iphithule Maphosa
Legislative reform agenda buttresses Mnangagwa's sincerity
This is the second part of a trilogy of articles that I am writing outlining the reform agenda being pursued by President Mnangagwa in the Second Republic. In the previous article I dwelt on political...Published: 27 Jul 2019 at 16:16hrs | | by Nick Mangwana
Funding Africa's infrastructure gap
Key to enabling African economies to make the most of their opportunities is developing infrastructure in the region. Across the continent, new laws are being implemented and alternative sources of in...Published: 30 May 2019 at 19:52hrs | | by Agencies
Achieving self-sufficiency in electricity generation in Zimbabwe
As Zimbabwe enters its third week of electricity blackouts under the national load shedding programme announced by the country's power utility, Zimbabwe Electricity Supply Authority (ZESA). The experi...Published: 27 May 2019 at 12:21hrs | 14 | by Victor Bhoroma
Zimbabwe to float infrastructure bond
Government will float an infrastructure bond and turn to private-public partnership (PPPs) to raise funding amid revelation that at least US$14bn is required to rehabilitate Zimbabwe's infrastructure....Published: 02 May 2019 at 19:25hrs | | by Staff reporter
Beitbridge-Chirundu highway's new design to cost US$520 000
THE Beitbridge-Harare-Chirundu highway dualisation project has been pushed back by a further three months over new designs. This comes as government scouts for a new road designer after Austrian firm...Published: 15 Mar 2019 at 19:53hrs | 1 | by Staff reporter
Zimbabwe - Botswana seek to fast-track $600m railway project
The just-ended Zimbabwe Botswana Bi-national Commission promises to bear fruit for the SADC regional integration agenda as a railway line linking Zimbabwe, Botswana and Mozambique emerged as one of th...Published: 13 Mar 2019 at 08:26hrs | 7 | by Staff reporter
Government unveils $150m for students accommodation
GOVERNMENT has secured $150 million for the construction of students' hostels at three local universities to ease accommodation challenges, a senior official has said. Lupane State University,...Published: 12 Mar 2019 at 05:56hrs | 1 | by Staff reporter
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