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Giant steel plant roars to life… US$1bn funding secured
Afrochine Smelting - a subsidiary of the world's largest stainless steel producer Tsingshan Holdings - has secured the US$1 billion needed for the first phase of the project to establish a steel plant...Published: 17 Oct 2021 at 08:54hrs | 368 | by Staff reporter
Plan to stabilise bread flour prices
The Grain Millers Association of Zimbabwe (GMAZ) is in talks with Government to stabilise the prices and supplies of bread flour until the end of the year.Speaking in Bindura, GMAZ national ch...Published: 13 Oct 2021 at 06:09hrs | 159 | by Staff reporter
Sanctions collapsed Zimbabwe beef industry
THE country's famed beef industry collapsed at the turn of the millennium following the imposition of illegal sanctions by Western countries when the country embarked on the successful fast-track land...Published: 13 Oct 2021 at 06:06hrs | 239 | by Staff reporter
Namibian professional hunters also conserve wildlife
They bring international hunters and income to Africa. Additionally, they contribute to wildlife management and conservation through acceptable hunting...Published: 11 Oct 2021 at 19:01hrs | 409 | by Emmanuel Koro
RBZ summons businesses over price madness
RESERVE Bank of Zimbabwe (RBZ) Governor Dr John Mangudya yesterday said his meeting with business this morning is not a witchhunt, but an effort by authorities to grasp the root cause of the prevailin...Published: 11 Oct 2021 at 05:54hrs | 740 | by Staff reporter
Mnangagwa warns 'name-droppers' in bloody clashes over gold claims
President Emmerson Mnangagwa's office has distanced the Zanu-PF leader from the bloody clashes over the control of one of Manicaland's richest gold mines.Pedzai Scott Sakupwanya, a gold dealer...Published: 10 Oct 2021 at 06:57hrs | 2361 | by Staff reporter
UN rapporteur visit to expose sanctions damage
THE visit next week by a United Nations special rapporteur to investigate the impact of Western sanctions on Zimbabwe will help lay bare the full extent of how the embargo is a violation of human righ...Published: 10 Oct 2021 at 06:36hrs | 169 | by Staff reporter
More jail time for illegal forex traders
PROSECUTOR-General, Mr Kumbirai Hodzi, has warned of more jail time for economic saboteurs while the Reserve Bank of Zimbabwe (RBZ) says it will intensify the blitz against manipulation of the local c...Published: 10 Oct 2021 at 06:36hrs | 418 | by Staff reporter
Inside the forex cul-de-sac
THE Reserve Bank of Zimbabwe (RBZ) will this week meet large producers and retail outlets to discuss rampant black market pricing of goods that has gripped the nation, and threatening to erode stabili...Published: 10 Oct 2021 at 06:34hrs | 449 | by Staff reporter
Africa stuck in generational curse
WHOEVER bewitched African leaders probably perished at Nagasaki in 1945, many years before the Organisation of African Unity (OAU) was founded in 1963. That person, alongside his tools of trade and hi...Published: 08 Oct 2021 at 19:02hrs | 117 | by Sapien Sapien
Currency manipulators on the prowl
CURRENCY manipulation by businesses setting their Zimbabwe dollar prices to black-market exchange rates, has reached levels where some shops are pricing their goods and services using illegal rates ra...Published: 08 Oct 2021 at 06:25hrs | 168 | by Staff reporter
ZimAlloys to resume production next year
Zimbabwe Alloys (ZimAlloys), one of the country's largest ferrochrome producer is looking to re-start production during the first quarter of next year, an official has saidThe company owns thr...Published: 08 Oct 2021 at 06:24hrs | 291 | by Staff reporter
PPC projects jump in volumes
REGIONAL cement producer, PPC Limited, is forecasting its local unit - PPC Zimbabwe's volume performance for the half year to September 30, 2021 to be ahead of prior year level on the back of strong r...Published: 07 Oct 2021 at 07:02hrs | 312 | by Staff reporter
Taming inflation is an arduous task
The Zimbabwe National Statistics Agency (Zimstat) pointed that year on year (annual) inflation rate marginally increased to 51.55% in September 2021 from 50.24% in August 2021 after 8 months of straig...Published: 06 Oct 2021 at 09:13hrs | 429 | by Victor Bhoroma
Busi Mhlanga drops Gqi Gqi Gqi single
MULTI-AWARD winning traditional singer Busi Mhlanga on Saturday released yet another cultural single.The Gqi gqi gqi single, which incorporates a popular Ndebele poem "Mzwazwa kankoviyo", is a...Published: 05 Oct 2021 at 06:34hrs | 127 | by Staff reporter
Zimbabwe set to be major steel producer
A third major steelworks is now scheduled for Zimbabwe as the country moves rapidly forward as a major steel producer in Africa with local firm Steelmakers set to start building a steel mill in Masvin...Published: 05 Oct 2021 at 06:30hrs | 280 | by Staff reporter
Brace for bread price hike
GRAIN millers in Zimbabwe have warned that there might be a bread price hike due to a decline in global wheat supply after major producer countries were hit by drought.The Grain Millers Associ...Published: 04 Oct 2021 at 19:32hrs | 1256 | by Staff reporter
National mining ICT database to eradicate mining disputes
In 2021 Zimbabwe's mining sector is proving to be big business, with mineral exports possibly reaching 60% of the country's export earnings and the mining sector contributing around 20% of national GD...Published: 04 Oct 2021 at 10:50hrs | 396 | by Jacob Kudzayi Mutisi
Roki signs landmark deal with South African telecoms giants
Zimbabwean man of the moment Roki has bagged two major endorsement deals with MTN and Vodacom through his latest hit song Screenshot.Roki has become the first Zimbabwean artist to clinch a hug...Published: 03 Oct 2021 at 08:36hrs | 6317 | by Staff reporter
Zimbabwe political uncertainty hampering energy sector revival, says AfDB
THE African Development Bank (AfDB) has cited an unstable political environment and the risk of expropriation as some of the reasons unnerving potential investors from injecting capital in Zimbabwe's ...Published: 03 Oct 2021 at 08:20hrs | 174 | by Staff reporter
When the police officer is actually a thug
CRISES bring out the best or worst in people.Well, for Britain, the current fuel shortages have brought out the bad and nasty side of a people that we are told are supposedly more civilised th...Published: 03 Oct 2021 at 08:10hrs | 145 | by Bishop Lazi
Bread shortage looms
ZIMBABWE is facing a massive shortage of bread and possible price increase for the vital commodity occasioned by a massive decline in global wheat supply after major producer countries were heat by dr...Published: 03 Oct 2021 at 08:02hrs | 78 | by Staff reporter
Imported wheat price increase by 16%
The price of imported wheat into Harare has increased by 16% amidst a decline in world supply of wheat Grain Millers Association (GMAZ) has said....Published: 03 Oct 2021 at 07:41hrs | 565 | by Simbarashe Sithole
Reserve Bank panics as exchange rates spiral
MONETARY authorities revised annual inflation targets upwards on Monday before lining up a sea of fresh policy proposals to government, as they scurried to stem a "worrisome" surge in parallel market ...Published: 01 Oct 2021 at 08:02hrs | 2674 | by Staff reporter
Mnangagwa urges modernisation of rural communities
AHEAD of this year's agricultural season, President Mnangagwa has called upon farmers to start land preparations as he assured them of access to well-resourced provincial agriculture mechanisation hub...Published: 01 Oct 2021 at 07:54hrs | 97 | by Staff reporter
Zimbabwe coal miners get nod to export excess stock
Zimbabwe's coal producers have obtained temporary permits to export excess stock of power coal that have piled up due to low uptake by the Zimbabwe Power Company (ZPC).Frequent breakdowns at Z...Published: 01 Oct 2021 at 07:52hrs | 129 | by Staff reporter
Mechanisation hubs set up for farmers
AHEAD of this year's agricultural season, President Mnangagwa has called upon farmers to start land preparations as he assured them of access to well-resourced provincial agriculture mechanisation hub...Published: 01 Oct 2021 at 07:52hrs | 31 | by Staff reporter
Mthuli Ncube considers adjusting tax bands to cushion workers
TREASURY is set to adjust tax bands for workers' in order to reverse the erosion of incomes and boost consumer purchasing power in the face of price escalation driven by speculative parallel market ac...Published: 29 Sep 2021 at 06:40hrs | 1502 | by Staff reporter
Russian fertiliser producer opens base in Zimbabwe
UNITED Fertiliser Company Limited (UFCL), a Russian firm with a global footprint, has opened a branch in Zimbabwe.The latest development comes at a time when the Government, under the Second R...Published: 29 Sep 2021 at 06:33hrs | 285 | by Staff reporter
Power cuts could derail industrial targets
The power outages besetting the country are set to derail economic growth prospects during a difficult phase for Zimbabwe when the economy is reeling from the effects of COVID-19, economic analysts an...Published: 28 Sep 2021 at 06:18hrs | 117 | by Staff reporter
US$70m released to clear forex auction backlog
GOVERNMENT has released US$70 million to speed up disbursement of funding and clear the backlog to businesses that participate at the Reserve Bank of Zimbabwe (RBZ)'s foreign currency auction system....Published: 27 Sep 2021 at 06:16hrs | 435 | by Staff reporter
ZMDC begins exploration works at Kamativi Mine
THE Zimbabwe Mining Development Corporation (ZMDC) has commenced exploration works at Kamativi Mine in Matabeleland North province and hopes to complete the programme in December.Kamativi, formerl...Published: 27 Sep 2021 at 06:15hrs | 219 | by Staff reporter
Journalistic tenets lost to 'hits' and the quest for followers
One of the greatest problems currently confronting journalists on the Zimbabwean media landscape is the emergence of social media, with the attendant proliferation of platforms populated by content pr...Published: 26 Sep 2021 at 19:50hrs | 110 | by Geoffrey Nyarota
Caledonia splurges US$4m on Zimbabwe gold mine
DUAL-LISTED resources giant, Caledonia Mining Corporation is set to buy Pan African Mining's Maligreen goldfields near Gweru to develop its second bullion assets in two decades.The asset is wo...Published: 26 Sep 2021 at 19:47hrs | 197 | by Staff reporter
Gukurahundi: Matabelaland chiefs under scrutiny
MATABELELAND-BASED human rights activists say the decision by government to deploy chiefs from the region to deal with the emotive Gukurahundi issue will not work as there are no clear terms of refere...Published: 26 Sep 2021 at 19:46hrs | 203 | by Staff reporter
Cold chain supplier InspiraFarms opens regional office in Zimbabwe
InspiraFarms, a European company that designs and supplies coldrooms and packhouses, is setting up its regional office in Zimbabwe, looking to take advantage of what is sees as growth in horticulture ...Published: 26 Sep 2021 at 19:44hrs | 155 | by Staff reporter
Karo plows ahead with mega platinum project
Karo Resources' integrated platinum project in Mhondoro-Ngezi is still proceeding despite disruptions caused by the coronavirus.The project involves mining platinum, chrome, coal and the estab...Published: 26 Sep 2021 at 19:36hrs | 99 | by Staff reporter
China stopping coal funding could power down Zimbabwe's energy plans
IF THERE is a country likely to be hurt the most by President Xi Jinping's decision for Beijing to stop building new power plants overseas, it is Zimbabwe.Among several African countries with ...Published: 26 Sep 2021 at 10:18hrs | 965 | by Staff Reporter
GMAZ speaks on Wheat pricing
The Grain Millers Association,in a statement,said,the recently announced producer price of wheat,which will see the commodity selling at ZW$55.517.69 per ...Published: 25 Sep 2021 at 15:29hrs | 781 | by Simbarashe Sithole / Tarisai Mudahondo
Why your song does not get any airplay!
ONE of the worst nightmares that artistes endure in the music business is among the following; being booed and choking on stage, producing a poor track or even worse, submitting your song and then not...Published: 25 Sep 2021 at 06:04hrs | 289 | by Staff reporter
Consumer watchdog slams business
THE Consumer Council of Zimbabwe (CCZ) says businesses have effected "unjustified" price hikes in the past few months despite accessing foreign currency on the Reserve Bank of Zimbabwe (RBZ)'s foreign...Published: 23 Sep 2021 at 06:32hrs | 204 | by Staff reporter
Zimasco completes feasibility study for Mberengwa furnaces
ZIMASCO, a local ferro-chrome producer owned by China's Sinosteel, has completed a feasibility study for the construction of furnaces in Neta, Mberengwa District, where it intends to build new mines, ...Published: 22 Sep 2021 at 06:00hrs | 1034 | by Staff reporter
'Only removal of Zanu-PF from power will solve Gukurahundi issue'
MATABELELAND-BASED human rights activists say the Gukurahundi atrocities can only be fully addressed once the alleged perpetrators are out of power.The activists made the remarks on Sunday dur...Published: 21 Sep 2021 at 06:22hrs | 928 | by Staff reporter
Mlalazi in another Mzansi duet, premieres on DStv
RISING local gospel singer and songwriter Everton Mlalazi appears to have a taste for Mzansi music if his collaborations with South Africa's top music stars are anything to go by.In January, h...Published: 20 Sep 2021 at 07:12hrs | 293 | by Staff reporter
Arenel invests US$3m, expands export footprint
BUOYED by enhanced production capacity following recent capital investments, diversified food producer, Arenel Private Limited, now targets widening export market beyond Africa while creating more job...Published: 20 Sep 2021 at 07:10hrs | 372 | by Staff reporter
Zimbabwean diamonds producer expands into Botswana
VAST Resources says its acquisition of Gem Diamonds Botswana (GDB), a wholly-owned subsidiary of London headquartered Gem Diamonds, aligns with its longer-term strategy to "maximise and crystallise" t...Published: 19 Sep 2021 at 08:52hrs | 996 | by Staff reporter
Zesa eases load shedding
THE Zimbabwe Electricity Transmission and Distribution Company (ZETDC) says there has been an improvement in the generation of power at Hwange Power Station which has seen easing of the load shedding ...Published: 19 Sep 2021 at 08:32hrs | 557 | by Staff reporter
Africa: A complex trajectory and legacy of military coups
FOR their spectacular nature, coups always appear like new phenomena when actually they are an old military and political issue that dates back to the genesis of humanity.It is like that in th...Published: 18 Sep 2021 at 19:49hrs | 640 | by William Jethro Mpofu
One of Hwange generators unit back on grid
One of Hwange Thermal Power Station's two largest boiler-turbine-generator units went back on the grid on Monday giving Zesa an extra 150MW and Zimbabweans can expect the ongoing load shedding to ease...Published: 18 Sep 2021 at 06:22hrs | 408 | by Staff reporter
Imports to plug Zesa power shortfalls
THE Zimbabwe Electricity Transmission and Distribution Company (ZETDC) said it has opened up negotiations with Zambia and Mozambique for the supply of 280MW to close the deficit in the supply of elect...Published: 17 Sep 2021 at 20:17hrs | 142 | by Staff reporter
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