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Army-linked Anjin grabs richest diamond claim
AN army-linked miner, Anjin Investments (Pvt) Ltd, grabbed the most lucrative diamond claim in Marange from a firm owned by the government after being relicensed under unclear circumstances, it has em...Published: 22 hrs ago | 941 | by Kenneth Matimaire
Local firms vie for CSC
A CONSORTIUM of local companies and industrialists are seeking to seize a 75% stake in the defunct Cold Storage Company (CSC) after tabling a US$225 million investment proposal to the government....Published: 22 hrs ago | 670 | by Staff reporter
Prospect Resources not concerned about Zimbabwe sovereign risk
Prospect Resources says it will forge ahead with its Arcadia Lithium project in Zimbabwe despite the country's risk profile and has put in place measures to minimise potential impact of the sovereign ...Published: 22 hrs ago | 132 | by Staff reporter
Zimbabwe: 'The Second Republic'; Land history; Ownership and Productivity in the Post Mugabe era
The Author is a Master of Science in International Trade and Diplomacy student at the University of Zimbabwe. He holds a MSc degree in Development Studies (National University of Science and Technolog...Published: 14 Jan 2021 at 21:34hrs | 869 | by Livingstone Kazizi
Zimbabwe's agriculture seen recovering despite challenges
ZIMBABWE should enjoy a decent harvest for all crops in the current season due to good rains that have been consistent in the past few weeks, farmers' organisations say.A good harvest for grai...Published: 14 Jan 2021 at 11:48hrs | 359 | by Staff reporter
Zimbabwe: 'The Second Republic'; Land history; Ownership and Productivity in the Post Mugabe Era
The Author is a Master of Science in International Trade and Diplomacy student at the University of Zimbabwe. He holds a MSc degree in Development Studies (National University of Science and Technolog...Published: 13 Jan 2021 at 12:32hrs | 889 | by Livingstone Kazizi
Zimbabwean appointed first International Bar Association President of African descent
Sternford Moyo, Chairman and Senior Partner of law firm Scanlen and Holderness, is the new President of the International Bar Association (IBA). Hailing from Zimbabwe, Mr Moyo is the first IBA Preside...Published: 12 Jan 2021 at 20:09hrs | 1025 | by Staff reporter
The white man behind Mnangagwa's Pfumvudza/Intwasa programme
Zimbabweans have embraced the Pfumvudza/Intwasa programme that is turning out to be the trump card for this summer cropping season. However, not many people know the man behind the concept. Last week,...Published: 10 Jan 2021 at 08:20hrs | 5073 | by Staff reporter
Nurses are essential workers, the police must respect all essential workers
At around ten thousand strong, nurses are the backbone of the Zimbabwe healthcare industry, as well as its largest profession. Consistently ranked the most trusted profession in The world year after y...Published: 09 Jan 2021 at 09:16hrs | 1320 | by Dr Masimba Mavaza
Zimbabwe's economic outlook for 2021
Zimbabwe's economy ended the year 2020 on a fairly stable note due to the return of the multi-currency regime and decline in general inflation levels in the market. Headwinds caused by incessant power...Published: 08 Jan 2021 at 21:02hrs | 1201 | by Victor Bhoroma
Zimbabwe to fund white farmers' compensation with mine revenue
Zimbabwe plans to use profits from a mining venture to help settle a $3.5 billion compensation claim from white farmers and settle a two-decade dispute that's soured the country's relations with Weste...Published: 07 Jan 2021 at 18:44hrs | 1081 | by Staff reporter
US$14 million plant to kick off
Plans to build a 5-megawatt mini-hydro power plant at Lake Mutirikwi here have gathered momentum with a local firm behind the $US14 million project awaiting independent assessment of the dam wall befo...Published: 06 Jan 2021 at 16:18hrs | 600 | by Staff reporter
What is the best Language to learn in 2021?
Imagine an organization where the marketing department speaks English, the product designers speak French, the analytics team speaks Spanish and no one speaks a second language. Even if the organizati...Published: 01 Jan 2021 at 16:55hrs | 2205 | by Hamilton Katsvairo
Billiat, Katsande fight for their future
Zimbabwe's international football stars Khama Billiat and Willard Katsande have been placed among five players who are "fighting for their future" at South African Premiership giants Kaizer Chiefs....Published: 30 Dec 2020 at 07:17hrs | 1427 | by Staff reporter
Batoka Dam size reduced to save Victoria Falls
Authorities involved in the construction of the 2 400MW Batoka Gorge Hydro-electric Scheme have agreed to reduce the dam size to salvage tourism activities around the world-famous Victoria Falls....Published: 29 Dec 2020 at 17:53hrs | 2782 | by Staff reporter
Zanu PF's visceral brain teaser: pay the teachers a living wage without fuelling inflation
Squaring the circle is a brain teaser as ancient as geometry itself in which one is asked to construct a square with the same area as a given circle or vice versa. Let us just say Preside...Published: 27 Dec 2020 at 09:22hrs | 553 | by Wilbert Mukori
Zimbabwe pins hopes on 2021
THE year 2020 ends this week amid renewed optimism among Zimbabweans for a brighter new year, predicated on the emerging economic stability and hope for a robust lift off.For most Zimbabweans,...Published: 27 Dec 2020 at 06:59hrs | 195 | by Staff reporter
Militant teachers group claims negotiating partner bribed by Mnangagwa govt
PROGRESSIVE Teachers union of Zimbabwe (PTUZ) president Takavafira Zhou has accused leaders of the Apex Council of accepting government bribes to weaken their resolve to continue pressing for improved...Published: 26 Dec 2020 at 08:52hrs | 1446 | by Staff reporter
Kariba Dam water levels improve
Water levels are rising early in Lake Kariba as runoff from nearby areas starts flowing in and the first signs are seen of greater inflows from the upper catchment, allowing zesa to increase significa...Published: 23 Dec 2020 at 06:34hrs | 441 | by Staff reporter
Economic growth stimulus precedes taxation
Zimbabwe's 2021 national budget paints a picture of sustained austerity in the mid-term, with increases in taxes for various sectors of the depressed economy. A 126% jump in budgeted tax revenue colle...Published: 22 Dec 2020 at 19:28hrs | 372 | by Victor Bhoroma
It's time to stop the rot in our country
Currently, as it stands, Zimbabwe is in a crisis. A cocktail of challenges face the country and its people.Zimbabwe was set on a wrong foundation. there are all kinds of human rights abuses wh...Published: 20 Dec 2020 at 07:13hrs | 125 | by Anele Ndlovu
Zimbabwe to set up 15 gold servicing centres
ARTISANAL and small-scale miners are optimistic that the proposed construction of more gold processing centres will ensure that the country generates the much-needed foreign capital and plug illicit m...Published: 20 Dec 2020 at 06:43hrs | 111 | by Staff reporter
Forex earnings inch closer to US$6 billion
The economy has been resilient for much of the year, with key macroeconomic fundamentals reflecting strong performance in the January to November period despite the fallout from the coronavirus, Reser...Published: 20 Dec 2020 at 06:40hrs | 130 | by Staff reporter
IPPs now producing 135MW as ZERA cancels 8 licences
The Zimbabwe Energy Regulatory Authority (ZERA) says only 19 independent power producers (IPPs) are operational from the 88, which have been licenced to date while eight licences were cancelled for fa...Published: 14 Dec 2020 at 14:06hrs | 778 | by Staff reporter
Zimbabwe's minerals revenue hits US$2 billion
MINerAL revenues reached US$1,95 billion at the end of October this year, beating a projected US$1,52 billion target set by the Minerals Marketing Corporation of Zimbabwe (MMCZ), official statistics s...Published: 13 Dec 2020 at 08:03hrs | 302 | by Staff reporter
Rains raise hopes of bumper harvest
LOCAL farmers have started the summer season at a blistering pace and have already planted more than 80 percent of the targeted hectarage of maize, laying the foundation for a bumper harvest in the co...Published: 13 Dec 2020 at 08:01hrs | 316 | by Staff reporter
University rankings misleading
INTERNATIONAL rankings of universities are big business and big news.These systems order universities on the basis of a variety of criteria such as student-to-staff ratio, income from industry...Published: 13 Dec 2020 at 07:59hrs | 689 | by Sioux McKenna
Caledonia sinks US$60m into Gwanda project
CALEDONIA Mining Corporation Plc (Caledonia) has spent about US$60 million developing the Central Shaft project, which is due to be commissioned during the first quarter of next year.In a stat...Published: 04 Dec 2020 at 07:17hrs | 571 | by Staff reporter
Mthuli Ncube to engage industry
CAPTAINS of industry will gather in Harare next week to come up with solutions for challenges affecting the sector.Preliminary projections indicate that the manufacturing sector will fall by 9...Published: 03 Dec 2020 at 06:43hrs | 528 | by Staff reporter
Govt mulls ending GMB monopoly
GOVERNMENT is resuscitating the agricultural commodities exchange, effectively ending the Grain Marketing Board (GMB)'s monopoly over the marketing and sale of maize and wheat in the country.T...Published: 30 Nov 2020 at 06:10hrs | 565 | by Staff reporter
Tobacco exports net US$690 million
AT least 168 million kg of tobacco worth US$688 million had been exported across the globe by November 20, Tobacco Industry Marketing Board (Timb) data showed last week.The Timb said shipments for...Published: 29 Nov 2020 at 07:02hrs | 227 | by Staff reporter
Mthuli Ncube reduces taxes
FINANCE minister Mthuli Ncube yesterday gave struggling workers something to cheer about ahead of the festive season when he presented his 2021 National Budget in Harare - significantly easing tax thr...Published: 27 Nov 2020 at 17:09hrs | 2611 | by Staff reporter
Zimbabwe gold smugglers shipping over US$1,5bn a year
GOLD worth over US$1,5 billion is smuggled out of Zimbabwe every year, depriving the cashstrapped economy of crucial foreign-exchange revenues, according to research organisation International Crisis ...Published: 27 Nov 2020 at 07:25hrs | 374 | by Staff reporter
Mnangagwa, Chiwenga, SB Moyo wrestle for Zim gold sector control
PRESIDENT Emmerson Mnangagwa, his deputy Constantino Chiwenga and Foreign Affairs Minister Sibusiso Moyo, locked in a vicious duel to wrest and consolidate state power, are manoeuvring to control the ...Published: 27 Nov 2020 at 07:18hrs | 3020 | by Staff reporter
Biti's sensational take on state of the Zimbabwe economy
MDC-ALLIANCE vice president Tendai Biti painted a bleak picture of the state of the economy this week in what he called the "State of the Economy Address". Many in Zimbabwe and abroad would find his t...Published: 27 Nov 2020 at 07:14hrs | 596 | by Staff reporter
Zimbabwe eyes 7% growth in year 2021
FINANCE minister Mthuli Ncube stuck to his 7,4% gross domestic product (GDP) growth target when he presented the 2021 National Budget yesterday, tipping most of the growth to be driven by strong recov...Published: 27 Nov 2020 at 07:13hrs | 92 | by Staff reporter
$421.6bn inclusive 2021 budget unveiled
FINANCE and Economic Development Minister, Professor Mthuli Ncube yesterday announced a $421.6 billion National Budget for 2021 in which he handed down tax relief measures to cushion workers and corpo...Published: 27 Nov 2020 at 07:02hrs | 337 | by Staff reporter
Biti slams govt over 'economic malaise'
MDC Alliance vice-president Tendai Biti yesterday slammed the ruling Zanu-PF party for presiding over "economic malaise", accusing President Emmerson Mnangagwa's government of being "incompetent"....Published: 25 Nov 2020 at 04:43hrs | 814 | by Staff reporter
Nestlé commissions US$2,5m plant
FOOD and beverages processor, Nestlé Zimbabwe yesterday commissioned a US$2,5 million cereals manufacturing line in Harare, taking its total investment to over US$40 million in the past decade....Published: 20 Nov 2020 at 06:20hrs | 319 | by Staff reporter
Reviving the rural economy in Zimbabwe
Zimbabwe's rural economy plays a significant role in national food production, in alleviating extreme poverty and in the attainment of Sustainable Development Goals (SDGs). The Zimbabwe National Stati...Published: 17 Nov 2020 at 12:37hrs | 2408 | by Victor Bhoroma
Zimbabwe looks underground for golden economic revival
REELING from decades of economic mismanagement, Zimbabwe is banking on gold to shore up revenue and tackle the upshots of rampant hyperinflation, corruption and coronavirus restrictions.Global...Published: 16 Nov 2020 at 05:48hrs | 279 | by Staff reporter
Theft, vandalism heighten blackouts in Bulawayo, says Zesa
THE incessant power outages being experienced in parts of Bulawayo and the wider southern region are a result of rampant vandalism and theft of electricity infrastructure, the power utility, Zesa, has...Published: 13 Nov 2020 at 05:38hrs | 167 | by Staff reporter
Zimbabwe under investor pressure to end gold sales monopoly
Gold mining investors are pressuring Zimbabwe to change a law forcing producers to sell their output to the central bank, which part pays them in local currency that’s worthless outside the country....Published: 12 Nov 2020 at 19:29hrs | 282 | by Staff reporter
Sanction Auxillia Mnangagwa and Freeze her foreign bank accounts
The first family must command respect, not demand it. This, they should do through leading by example. "Julius Caesar's wife must be above suspicion". The first lady should not be seen throwing her we...Published: 10 Nov 2020 at 12:28hrs | 18538 | by Israel Dube
Zimbabwe imports 600MW to cover power supply gap
THE country is importing up to 600MW of electricity from regional producers so as to cover the supply gap, which is created by subdued energy generation capacity mainly by ageing thermal power station...Published: 09 Nov 2020 at 23:28hrs | 931 | by Staff Reporter
Kariba generation capacity increases
The Zambezi River Authority (ZRA) has increased water allocation for electricity generation at Kariba Power station to 30 billion cubic meters following a favourable outlook for the 2020/21 rain seaso...Published: 09 Nov 2020 at 06:57hrs | 2165 | by Staff reporter
Zimbabwe in talks with China for Covid-19 vaccines
CHINA, emerging from the catastrophic impact of the Covid-19 pandemic, has developed 13 potential vaccines, four of which are undergoing final stages of clinical trials.According to informed g...Published: 06 Nov 2020 at 06:54hrs | 1690 | by Staff reporter
Rushwaya arrest: A case of rampant elite corruption?
THE ongoing trial of Henrietta Rushwaya over charges of attempting to smuggle gold bars weighing 6kg to Dubai, the United Arab Emirates, in a high-profile case that has sucked in President Emmerson Mn...Published: 06 Nov 2020 at 06:51hrs | 1121 | by Staff reporter
'Price stability to spill into 2021'
ECONOMISTS and captains of industry yesterday predicted a continued stability of prices of goods and services into next year.During a state of the economy report by Africa Economic Development...Published: 05 Nov 2020 at 19:27hrs | 918 | by Staff reporter
Partial dollarization to induce economic stability
The Zimbabwean economy has vaulted back to the multi-currency regime that prevailed between 2009 and 2018 with the US Dollar transactions gradually growing in the formal market while dominating trade ...Published: 03 Nov 2020 at 14:25hrs | 3242 | by Victor Bhoroma
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