CAFCA budgets for near double increase in capacity, says fx allocation...
Tadiwa Musiyiwa
Cable manufacturer CAFCA Limited is set to adjust its budget to increase capacity by 90% from the current 250 tonnes.
In the company’s 2021...
ZRA cautions against power generation above 550MW at Kariba
Talkmore Gandiwa/Itai Ndongwe
The Zambezi River Authority has cautioned Zimbabwe and Zambia against generating power above the 550mW levels which were accorded to the two...
Global tourism grows 4% in 2021 but stays below pre-pandemic levels
Global tourism experienced a 4% upturn in 2021, compared to 2020 (415 million versus 400 million). However, international tourist arrivals (overnight visitors) were still...
Zim, China sign trade protocol for citrus exports
Christopher Mahove
Zimbabwe and China have finally signed the trade protocol for the export of citrus fruits to China which is expected to see a...
Govt to approve agriculture joint ventures
Itai Ndongwe
The Lands, Agriculture, Fisheries, Water, and Rural Development Ministry has approved the framework for joint venture (JV) agreements, which will allow investors to...
Making life count: The story of Agilitee founder Mandla Lamba
Staff Writer
Profit is undoubtedly the most common motive for most business ventures, but imagine being driven by much more than money and fame like...
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Home Affairs minister reverses controversial US$20 passport application fee
Itai Ndongwe
The Ministry of Home Affairs and Cultural Heritage has made a reversal on the USD$20 nominal fee on electronically readable passports, which was...
Industry frets over delayed Auction start
Staff Writer
HARARE - The Reserve Bank of Zimbabwe (RBZ) has deferred by up to a week the opening of the first foreign exchange auction...
Fuel blending ratio reduced to zero
Davison Kaiyo
HARARE – Mandatory fuel blending has been removed, for now, the Zimbabwe Energy Regulatory Authority (ZERA) has said.
In a statement announcing January fuel...
Zera in marginal review of fuel prices
Staff Writers
The Zimbabwe Energy Regulatory Authority (ZERA) last night announced the reduction of fuel prices for both diesel and blend as of January 1,...
President proclaims March 26 by-elections
Davison Kaiyo
HARARE – President Emmerson Mnangagwa has proclaimed March 26, 2022 as the day when the much awaited by elections will be held.
According to ...
Invictus secures ancillary equipment for drilling campaign
Itai Ndongwe
Invictus Energy has secured the required long lead items as well as casing and wellheads for a two-well drilling programme at its Cabora...
GMB pre-planting prices discouraging: ZICFU
Christopher Mahove
HARARE - The pre-planting producer prices announced by the Grain Marketing Board (GMB) last week are unsustainable and discouraging to farmers, the Zimbabwe...
Zim to launch lithium policy after multi-million dollar Chinese deal
Davison Kaiyo
HARARE – Zimbabwe is set to launch a lithium policy as the government seeks to control the mining sub sector to ensure...
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Powerspeed disposes of Engineering division as retail volumes rise in F21
Tadiwa Musiyiwa
Powerspeed Electrical Limited has increased revenue by 300% to $8.6 billion from $2.1 billion recorded last year largely attributable to contributions by external...
Young women bear brunt of Illicit Financial Flows
Tadiwa Masiiwa
Illicit financial flows (IFFs) are causing financial hemorrhage due to illicit capital outflows from developing countries, according to the Economic Justice for Women...
Zim to open new steel mine 3 times bigger than Ziscosteel
Chris Mahove
The Zimbabwe government is working with a Chinese investor to open a new steel mine which is three times bigger than Ziscosteel and...
Zim introduces new e-passports; to phase out old by 2023
Itai Ndongwe
The Ministry of Home Affairs has introduced electronic readable passports (e-passports) designed to guarantee security for Zimbabweans and the reduction of the country’s...
