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25th meeting decisions matrix

The Joint Venture between the Zimbabwe Consolidated Diamond Company (ZCDC) and Alrosa Overseas S.A. of Russia Cabinet considered and approved the Memorandum of Agreement between ZCDC and Alrosa Overseas S.A. of Russia as submitted by the Minister of Finance and Economic Development. The Agreement will establish a mutually beneficial joint …

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Chinese to invest US$15m in solar plant

Joseph Madzimure Senior Reporter A Chinese firm, Yaowei Technology will set up a US$15 million solar panel plant in Zimbabwe and produce about 500 solar panels per day. Once the project takes off, it will significantly address the ongoing electricity shortages causes by low water levels in Kariba Dam and …

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New tariffs for citymarkets

Yeukai Karengezeka Herald Correspondent Harare City Council has resolved to increase tariffs in all market places by at least 100 percent as part of its strategy to collect more revenue to sustain operations. The city has also proposed $8 per day as temporary lease charge for traders occupying open spaces …

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Agribank gets US$10m facility

Nesia Mhaka Herald Reporter Government, through Agribank has secured a US$10,5 million facility for irrigation equipment and machinery under the Pedstock Centre Pivots Irrigation Facility (Phase 2) from Spain, which will benefit both large and small-scale farmers, as the country moves to improve productivity. The development comes at a time …

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Govt to announce workers’ package

Africa Moyo Deputy News Editor GOVERNMENT is today expected to make an announcement pertaining to civil servants’ conditions of service following engagements by workers’ representatives with President Mnangagwa recently. Public Service, Labour and Social Welfare Minister Dr Sekai Nzenza, together with Finance and Economic Development Minister Professor Mthuli Ncube are …

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UPDATED: Spared Chipinge coffee farmer thanks President

Farirai Machivenyika Senior Reporter Top Chipinge coffee farmer and owner of Farfell Estates, Mr Richard Le Vieux, has thanked President Mnangagwa for resolving the ownership dispute of a portion of the farm, a development that has enabled exports of the crop and other produce to continue. Mr Le Vieux expressed …

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First Lady meets church leaders over SI 142

Tendai Rupapa Senior Reporter First Lady Auxillia Mnangagwa yesterday convened an interactive meeting involving fiscal and monetary authorities and female church leaders over the recently introduced Statutory Instrument 142, with a view to finding ways on how stakeholders can explain the instrument in a manner that benefits the public. Statutory …

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SB Moyo attack: Govt summons UK envoy

Government has summoned the Charge d’Affaires of the United Kingdom, Great Britain and Northern Ireland over the assault on Foreign Affairs and International Trade Minister Sibusiso Busi Moyo and his delegation in London last week during the re-engagement programme to strengthen ties between the two countries. Government has also called …

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Duty waiver on solar equipment

Zvamaida Murwira Senior Reporter Government has approved a duty waiver on solar equipment and allowed mining firms to procure energy directly from the Southern African Power Pool. Further, selected hotels in resort areas will soon start paying electricity bills in foreign currency, as part of a raft of measures to …

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ZCDC, Alrosa seal joint venture deal

Fidelis Munyoro Chief Reporter GOVERNMENT yesterday signed a joint venture agreement with the world’s top diamond producer by volumes, Alrosa Overseas SA, for the exploration, extraction and marketing of diamonds, in a development expected to transform the country’s diamond sector. The move is an endorsement of President Mnangagwa’s robust drive …

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