HARARE - There has been some progress on the refurbishment of Hwange Thermal Power Station but the project is still behind targets with the latest update from the Zimbabwe Power Company showing that the works are 62.54% complete against a...
HARARE - The Financial Intelligence Unit has directed that the accounts of four retail chains be frozen to allow for investigations on possible money laundering allegations related to parallel market activity.
According to a letter from the FIU to all...
Staff Writer
Zesa Holdings though its subsidiary, the Zimbabwe Electricity Transmission and Distribution Company (ZETDC) has launched a US$35 million smart and prepaid metering roll-out programme, which will enable to reduce the ever growing debt risk.
At present, ZETDC is owed...
Benhilda Magomo
Harare- The Ministry of Finance, Economic Development, and Investment Promotion has adopted a risk management framework policy and guidelines that enhance accountability and transparency.
ISO 31000:2018 Risk Management Guidelines says, Risk Management Framework helps Ministries, Departments, and Agencies to...
Nhau Mangirazi
Residents and ratepayers in Karoi, a town about 260km from Harare in Mashonaland West, have taken the council over information on how authorities spend funds from government’s devolution funds.
In a letter dated August 23, residents’ representatives including Karoi...
Munyaradzi Doma
Businessman and former Confederation of Zimbabwean Industries Busisa Moyo is the new board chairperson of the Zimbabwe International Trade Fair Company Board.
He takes over from Ruth Ncube whose tenure ended last year.
In a statement released Friday, the Industry...
Farai Mabeza
Government and Pan-African housing finance institution Shelter Afrique are in the process of designing an agreement to build 3 000 low cost housing units in Zimbabwe, a Cabinet Minister has said.
National Housing and Social Amenities Minister, Daniel Garwe...
Felix Njini and Antony Sguazzin
Zimbabwe’s government is pressing ahead with a plan to combine its mining assets under a massive private-public enterprise, even as evidence mounts that the project could be linked to a tycoon sanctioned by the U.S....
A top Chinese bank with a global portfolio including fossil fuel extraction, has tentatively agreed to stop financing the controversial Sengwa coal project in Gokwe after bowing to civic pressure.
In a communique following the postponement of a meeting by...
Sydney Kawadza
African countries should tap the agriculture, food and agri-business sector whose size is expected to rise to more than US$1 trillion by 2030.
The agriculture, food and agri-business sector, according to African Development Bank president Akinwumi Adesina, have the...
