Search / Investor
Chiwenga builds new luxurious mansion
VICE-PRESIDENT Constantino Chiwenga whose previous two divorce cases revealed that he is loaded with money, property and businesses has completed building a new luxurious mansion in Harare's upmarket ...Published: 06 Mar 2021 at 08:17hrs | 10632 | by Staff reporter
Matanga corruption investigation hits a snag
THE high-profile corruption investigation against police Commissioner-General Godwin Matanga, among other cases, has been stalled by the failure of a key state witness, former Procurement Regulatory A...Published: 06 Mar 2021 at 08:16hrs | 2419 | by Staff reporter
Mugabe blocked son-in-law, daughter and nephew over attempts to take over Telecel
WHILE the late former president Robert Mugabe's regime was corrupt and incompetent it allowed ministers, top civil servants and its business cronies to loot public resources Mugabe himself was very st...Published: 06 Mar 2021 at 08:00hrs | 2292 | by Staff reporter
IDBZ student hostel project nears completion
THE Infrastructure Development Bank of Zimbabwe (IDBZ)'s US$14.8 million student accommodation project in Bulawayo is now 69% complete and expected to be fully completed in November this year....Published: 06 Mar 2021 at 07:59hrs | 856 | by Staff reporter
Fifa manipulates Caf presidential candidates
FIFA has asked three candidates to back South Africa's Patrice Motsepe in the upcoming Confederation of African Football (Caf) presidential election, a source close to one of the candidates told AFP n...Published: 06 Mar 2021 at 07:57hrs | 478 | by Staff reporter
What Zimbabweans must know about Retail Forex Trading
The forex market is the largest financial market in the world surpassing even the global stock markets. The BIS triennial survey of 2019 states that the global forex market generates nearly 6.6 trilli...Published: 06 Mar 2021 at 05:21hrs | 290 | by Staff writer
Mnangagwa has not made the necessary political and economic reforms, says Biden
ONLY genuine national dialogue that includes the opposition and other key stakeholders in the country can energise Zimbabwe's faltering re-engagement efforts with Western powers, political analysts sa...Published: 05 Mar 2021 at 17:41hrs | 1094 | by Staff reporter
US$70m for Beitbridge upgrade
THE African Export-Import Bank (AfreximBank) has approved a US$70 million facility to fund the upgrading of the Beitbridge Border Post to enhance smooth trade in Southern Africa. Situated in M...Published: 05 Mar 2021 at 06:16hrs | 223 | by Staff reporter
We need a New Thinking Approach as a nation
Few days ago, the Former MDC Alliance Senator, Lillian Timveous, and Blessing Chebundo, were being paraded at State House, and when I saw images circulating on internet, I said to myself, what value d...Published: 02 Mar 2021 at 14:11hrs | 654 | by Tinashe Eric Muzamhindo
Medium-scale commercial farming in Zimbabwe post-land reform programme: A new picture is emerging
WE have a new open access paper out in the Journal of Modern African Studies "Medium-scale commercial agriculture in Zimbabwe: The experience of A2 resettlement farms".Contrary to assertions t...Published: 01 Mar 2021 at 05:02hrs | 655 | by Ian Scoones
Bulawayo to get 100 MW solar plant
POWER generation in the country and more significantly in Bulawayo is set to increase after it has emerged that British investors have partnered a local company to set up solar fields that will genera...Published: 28 Feb 2021 at 07:46hrs | 612 | by Staff Reporter
President ED Mnangagwa - A lucky Daka-boy?
In the aftermath of the 2017 military coup, emerged a darker force to take over the peaceful nation of Zimbabwe. A man with something of the night was suddenly thrust into the forefront of Zimbabwean ...Published: 27 Feb 2021 at 10:39hrs | 3228 | by Nobukhosi Moyo
Hwange power plant in limbo as Zimbabwe frustrates Chinese investor
Zimbabwe is stalling the completion of a 720 megawatt coal-fired thermal power plant in Hwange in a stand-off between the finance ministry and the military which is in a joint venture with a Chinese c...Published: 26 Feb 2021 at 15:42hrs | 1960 | by Staff reporter
Huawei partners NetOne to launch mobile broadband services
Leading global provider of Information and Communication Technologies (ICT) and infrastructure, Huawei, has partnered local telecommunications service provider NetOne, to improve Zimbabwe's ICT techno...Published: 26 Feb 2021 at 15:41hrs | 1301 | by Staff reporter
Old Mutual sees ‘green shoots' in Zimbabwe
THE head of Old Mutual Zimbabwe says there are green shoots appearing in the economy after the devastation of a severe drought and the coronavirus pandemic."There are good signs emerging in ec...Published: 26 Feb 2021 at 06:54hrs | 1350 | by Staff reporter
Mangudya in shock claims
Zimbabwe's central bank governor, John Mangudya, this week claimed the southern African country does not need "anyone's money" to extricate itself from its economic woes.The country, which is ...Published: 25 Feb 2021 at 16:19hrs | 3746 | by Staff reporter
Zimbabwe makes another U-turn on mines
GOVERNMENT on Tuesday reverted to Zimbabwe dollar-denominated mining fees, only a week after Mines minister Winston Chitando made wide-ranging reviews based in United States dollars.Chitando's...Published: 24 Feb 2021 at 21:46hrs | 1868 | by Staff reporter
Flash floods hit Dulivhadzimu suburb again
Flash floods have hit Dulivhadzimu suburb in Beitbridge where most roads have become inaccessible.Heavy rains have been pounding the district since last night.The town's oldest suburb ...Published: 22 Feb 2021 at 21:32hrs | 838 | by Staff reporter
Zimbabwe urban house rentals becomes very expensive
The United Nations predicts that by 2050, seventy percent of the population in Africa will be living in urban areas hence there will be many challenges ,risks as well as opportunities which comes with...Published: 21 Feb 2021 at 20:47hrs | 645 | by Noel Mavura
Mnangagwa haunted by army killings
THE European Union (EU) has renewed sanctions against the Zimbabwe De-fence Industries (ZDI), a military-controlled company, over "persistent" human rights abuses by the Harare administration. ...Published: 20 Feb 2021 at 09:02hrs | 4189 | by Staff reporter
Zimbabwe urban house rentals become very expensive
The United Nations predicts that by 2050, seventy percent of the population in Africa will be living in urban areas hence there will be many challenges, risks as well as opportunities which comes with...Published: 20 Feb 2021 at 08:40hrs | 1290 | by Noel Mavura
Zimdollar to weaken after lockdown
DESPITE enjoying some illusory stability owing to depressed demand for foreign currency due to Covid-19 lockdowns, which reduced business activity, the Zimbabwe dollar remains volatile with high risks...Published: 19 Feb 2021 at 07:08hrs | 1368 | by Staff reporter
60% of Bulawayo companies close shop
THE labour movement, consumer rights groups, small enterprises and informal traders have lamented the continuous collapse of Bulawayo industries amid revelations that up to 60% of companies have close...Published: 19 Feb 2021 at 07:04hrs | 811 | by Staff reporter
Watching in horror as the giants fell, one after another - The demise of public entities in Zimbabwe
When preparing this article, I was faced with the task of reviewing numerous press articles, news items and placing them alongside my own vast observations on what happened to the once thriving public...Published: 18 Feb 2021 at 19:41hrs | 2740 | by Liverson Mdongo wa Habe
Villagers resist Chinese mining project
HUNDREDS of villagers in the Dinde area, Hwange district in Matabeleland North are living in fear of eviction from their ancestral land to pave way for a Chinese coal-mining project.This has a...Published: 18 Feb 2021 at 05:49hrs | 921 | by Arthur GO Mutambara
Zimdollar will maintain a 'fragile stability' this year report
ZIMBABWE's currency will maintain a "fragile stability" this year, continuing from the volatilities that haunted the domestic unit even after the introduction of theforeign currency auction system...Published: 17 Feb 2021 at 06:11hrs | 804 | by Staff reporter
Road infrastructure decay needs policy change
The pace of Zimbabwe's road infrastructure decay has reached alarming levels which call for a policy change by the government. The country's major highways and urban roads have become a living hazard ...Published: 16 Feb 2021 at 14:34hrs | 738 | by Victor Bhoroma
Pride always comes before a fall, so do egos
The country is sinking into an economic abssy because of unsettled political differences.Since President Emmerson Mnangagwa was voted into power in August 2018, the Nelson Chamisa-led MDC-Alli...Published: 15 Feb 2021 at 08:00hrs | 637 | by Staff reporter
Faultlines exposed in Seed Co deal
RESEARCHERS at advisory firm Imara dug deep into the hyped Seed Co empire merger before the transaction sailed through early this month and their verdict could stun a market that had long accepted the...Published: 15 Feb 2021 at 07:55hrs | 414 | by Staff reporter
Ground-breaking deal for Beitbridge border
South African lenders including Standard Bank Group and FirstRand have provided $130 million of loans for an upgrade of the Beitbridge border post.The financing for the Beitbridge border betwe...Published: 14 Feb 2021 at 12:29hrs | 1026 | 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 | 131 | by Staff reporter
Since when did Father Christmas come in February?
Conmen are at it again, reaping where they did not sow. Some Hararians and a sizeable number from 'Blues' are ruing the day they joined a get rich quick pyramid scheme where the investor was promised ...Published: 13 Feb 2021 at 18:11hrs | 1518 | by Tondo
'Diaspora can drive Zimbabwe's economic revival'
Former Common Market for Eastern and Southern Africa (Comesa) business council secretary-general and past president of the Zimbabwe National Chamber of Commerce, Trust Chikohora, has challenged govern...Published: 12 Feb 2021 at 15:52hrs | 255 | by Staff reporter
Zimbabwe loses US$20bn through non-traditional cartels
ZIMBABWE may have been prejudiced of US$20 billion over the years through corruption due to the acrid relationship between politics and economics that has seen the entrenchment of cartelism in the cou...Published: 12 Feb 2021 at 15:48hrs | 289 | by Staff reporter
Zanu-PF functionaries invade protected farm
ZANU-PF Masvingo provincial officials have grabbed a massive flourishing ranch in Chiredzi owned by an Italian national and ring-fenced under a Bilateral Investment Promotion and Protection Agreement ...Published: 12 Feb 2021 at 15:47hrs | 482 | by Staff reporter
Zimbabwe businesses face transfer, pricing risks
BUSINESSES are facing transfer and pricing risks due to shortages of foreign currency and high inflation as the currency crisis strains the economy.This has come as a result of a waning invest...Published: 12 Feb 2021 at 15:46hrs | 245 | by Staff reporter
Pensions scandal rocks CSC
Former managers and ex-board members of the Cold Storage Company (CSC) spirited away millions of dollars from the company's pension fund – magnifying the rot in State owned enterprises and parastata...Published: 12 Feb 2021 at 05:40hrs | 685 | by Staff reporter
UK firm to invest in Bulawayo renewable energy
BULAWAYO has lined up a number of renewable energy development projects worth millions of United States dollars, which are set to transform the city's economy and impact positively on the country's re...Published: 12 Feb 2021 at 05:39hrs | 707 | by Staff reporter
Zimbabwe's cartels that are not the real cartels
I just read the report by Daily Maverick, that is purporting to expose cartels in Zimbabwe. The problem with the report is it does not include the obvious and leading cartels in Zimbabwe, such as Old ...Published: 11 Feb 2021 at 09:38hrs | 4807 | by Simbarashe Mwandipendaa
Mnangagwa, Chiwenga-linked cartels take over public firms, mines, fuel sector - report
HIGHLY secretive cartels linked to President Emmerson Mnangagwa and Vice President Constantino Chiwenga are reported to have taken over the operations of key state-owned companies, including private f...Published: 10 Feb 2021 at 07:33hrs | 8105 | by Staff reporter
Tycoon Tagwirei's hold on Zim gold
BUSINESS kingpin Kudakwashe Tagwirei has long had a commanding position in Zimbabwe's US$100m-a-month fuel import market, and owns major stakes in banking, telecoms and the country's largest platinum ...Published: 10 Feb 2021 at 06:25hrs | 3032 | by Staff reporter
Zimbabwe must embrace 'spirit of optimism and confidence'
IT is my singular honour and privilege to have been invited to address this virtual Africa Reconstruction Global Summit organised by the World Economic Congress.The theme of this conference, Colla...Published: 10 Feb 2021 at 06:16hrs | 184 | by ED Mnangagwa
'Zanu PF believes - rightly or wrongly- that it squarely won 2018 elections' - and what does 'Telling it like it is!' believe
"Rinemanyanga hariputirwi!" (No matter how seemingly clever the deception, the truth will always come out in the end!) so goes the Shona adage. The Kim dynasty has ruled North Korea since 1948...Published: 09 Feb 2021 at 12:38hrs | 824 | by Patrick Guramatunhu
No more grandstanding for Chamisa, Mwonzora and Mnangagwa
THIS time the politicians have been honest about our crises. Their recent speeches emphasised substituting discord for dialogue as a way of tackling our country's unstable political and economic envir...Published: 07 Feb 2021 at 18:30hrs | 3857 | by Black Edward
Zanu-PF should give in to talks with opposition
Recent calls for dialogue by the two MDC formations should be embraced by all those believing in a homegrown inclusive solution to our social, political and economic problems. An engagement pl...Published: 07 Feb 2021 at 08:01hrs | 865 | by Kurauone Chihwayi
Mr President open Ekusileni Hospital - People are Dying
In June 2018, ahead of the July 2018 general elections, President Emmerson Mnangagwa announced that the government had engaged the Indian Sharda Group of Institutions (SGI) to operate the health facil...Published: 06 Feb 2021 at 19:14hrs | 1095 | by Dr Edwin Moyo
Colonialist UK pushes to further isolate the Mnangagwa government
THE United Kingdom's unexpected move this week to impose sanctions on four Zimbabwean security chiefs for human rights violations - following a series of critical pronouncements in recent months - sig...Published: 06 Feb 2021 at 16:22hrs | 577 | by Staff reporter
Mnangagwa administration: Comedy of errors
GENESIS 3 v 9-11 (NIV), "But the Lord God called the man, where are you? He answered: I heard you in the garden, and I was afraid because I was naked; so I hid."This is the first time in the B...Published: 06 Feb 2021 at 07:06hrs | 438 | by Paidamoyo Muzulu
Bulawayo needs water, not political rhetoric
BULAWAYO's perennial water crisis has hogged the limelight for far too long, especially towards an election, and it's time politicians stop politicking over the issue, but deliver the precious liquid....Published: 06 Feb 2021 at 07:04hrs | 191 | by Staff reporter
Investors shun Zimbabwe due to poor governance, says UK minister
THE United Kingdom's minister for Africa James Duddridge has said British investors are "shunning" Zimbabwe due to a poorly managed currency, abuse of property rights and other legal concerns....Published: 05 Feb 2021 at 06:55hrs | 852 | by Staff reporter
Load More Stories
