NJ Ayuk Last spring, the Maersk Voyager, an ultra-deepwater drillship under contract by French supermajor Total, drilled a wildcat well in the deepest water ever – 3,628 meters (11,903 feet) in Block 48, a massive area with potentially huge oil reserves in...
By Helen Lubamba Successful financing of developmental project such as hydro-power plants requires the willingness to invest and dream to grow the sector for the future. Developing both social and economic infrastructure improves not only the quality of people’s lives; it...
Farai Mabeza Government’s new five-year National Development Strategy lacks a clear funding plan, posing a threat to its potential success and business will be watching keenly how it is implemented, lobby group the Zimbabwe...
HARARE – The local currency maintained a crawling pattern on Tuesday, depreciating a marginal 0.044% to 81.7102 against the US dollar from 81.6741 attained last week. This comes as focus of the Reserve Bank of Zimbabwe now...
Farai Mabeza Government will set up a national productivity institute under the just launched five-year national development strategy as one of its key strategies for the productive sectors in order to spread what it termed productivity consciousness. According to the NDS...
HARARE- The Zimbabwe Energy Regulatory Authority has announced a nominal increase in the price of fuel after the Zimbabwe dollar took a knock against the United States greenback at the Foreign Currency Auction System this week. The local currency continued...
Sydney Kawadza HARARE – The African Development Bank has prescribed a raft of measures African countries could take to benefit from rising gold prices, which have shot up 24% since January this year. The commodity’s...
Happiness Zengeni The majority of migrants in South Africa, including some Zimbabweans, opted to remain within that country after its government announced a lockdown to contain the spread of COVID-19 because they now consider it to be their their home,...
Farai Mabeza Zimbabwe’s construction industry looks set to be the hardest hit by the outbreak of the COVID-19 pandemic with an expected contraction of -11.4 percent, Finance and Economic Development minister Mthuli Ncube has...
HARARE – Government has increased the Covid-19 cash transfers to vulnerable households to ZWL1,000 (USD12) per month from a paltry ZWL300 (USD3,50). ivermectin new york times Government has further mulled its intention to extend the intervention beyond December as...

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