Business

Zimbabwe: Journey of 41 Years – Worth Our Celebration

OPINION By Tinashe Nyamushanya Tomorrow, the nation celebrates Independence Day. It is good that we are youth who grew up in an environment that has already been made perfect for us. No need to adjust or adapt to the environment, everything was made perfect for us. We found Zimbabwe with …

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Zimbabwe: Zim Launches National Digital Terrestrial Television

Conrad Mupesa — INFORMATION, Publicity and Broadcasting Services Minister, Senator Monica Mutsvangwa is expected to launch the Digital Terrestrial Television this morning in Magunje. Minister Mutsvangwa is accompanied by Minister of State for Provincial Affairs and Devolution, Mary Mliswa-Chikoka, Information Deputy Minister, Kindness Paradza, Information Ministry permanent secretary, Nick Mangwana. …

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Zimbabwe Considering Tapping Into Nuclear Energy

The Government yesterday approved the framework for cooperation with the Russian Federation State Atomic Energy Corporation as it explores the feasibility of using nuclear energy as an alternative source of power. The tie-up could culminate in the establishment of a centre for nuclear science and technology in the country. Information, …

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Zimbabwe: RBZ Auction’s Bidding Rates Sustain Stable Margins

By Alois Vinga Reserve Bank of Zimbabwe (RBZ) bidding rates have sustained stable margins since the platform’s inception, indicating the possibility of long-term exchange rate stability. Launched in June last year, most companies have hailed the platform for achieving pricing predictability and slowing down both monthly and yearly inflation from …

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Zimbabwe: Caledonia Launches Deepest Gold Mine Shaft, Increases Dividend Pay-Out

By Alois Vinga NEW York Stock Exchange listed gold miner, Caledonia Mining Corporation (CMC) has launched the deepest gold mine shaft in Zimbabwe which boosts annual productivity going forward. Speaking on the latest development Tuesday, CMC chief executive officer, Steve Curtis said the project was completed without any casualties. “I …

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Zimbabwe: Rushwaya Wants Bail Terms Varied

Accused gold smuggler Henrietta Rushwaya yesterday said she will apply for a relaxation of her bail conditions on her next court appearance, although no details of the desired variation were given. Through lawyer Mr Tapson Dzvetero, Rushwaya said she wants the State to inform her and her fellow accused on …

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Zimbabwe: Caution Needed in Mozambique

EDITORIAL The SADC Organ on Politics, Defence and Security meets this week to discuss the growing security problem in north-eastern Mozambique, which last week saw a serious attack on the town of Palma right on the Tanzanian border.   The Troika, as it is commonly known, is chaired by Botswana …

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Zimbabwe: Dismissed Zesa Engineers Suffering, Says Chairman

By Anna Chibamu ZIMBABWE Electricity Supply Authority (Zesa) chairman Sydney Gata says some top company engineers who were fired after following ministerial directives on the utility’s several power projects are now suffering with their kids not attending school anymore due to lack of money. The Zesa boss was giving oral …

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Zimbabwe: Reprieve for Defaulting Command Agric Farmers

By Zvamaida Murwira Farmers under Command Agriculture who failed to repay their loans at the end of last season owing to drought and the Covid-19-induced national lockdown, have been granted a huge relief after Government extended the repayment period by an additional three years. This means the debt has been …

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Zimbabwe: Muzarabani Among Top Global Oil/Gas Prospects

By Golden Sibanda Zimbabwe’s Muzarabani oil and gas exploration project has made it to the list of this year’s Top Five oil and gas wildcat drilling compiled by leading global energy price, research and analysis site – OilPrice.com. This comes after developer, Australia Stock Exchange (ASX) listed Invictus Energy, signed …

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