Business

Mozambique: DP World Maputo Launches First Dedicated Logistics Rail Service Between Maputo and Harare

By Lemuel Chekai DP World Maputo, which has the concession to manage, develop and operate the Maputo container terminal, last Friday handled the first dedicated container train service connecting Maputo and Harare, Zimbabwe. The new service is part of the company’s continued focus to expand its logistics and supply chain …

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Zimbabwe: Mat North Targets U.S.$1 Billion Coal Revenue

By Golden Sibanda Matabeleland North Province has itself a target to contribute at least US$1 billion from coal to the Government’s national target of growing mining to a US$12 billion industry by 2023, a senior official said. Minister of State for Provincial Affairs Richard Moyo told a Chamber of Mines …

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Zimbabwe: Vendors Defy Eviction As Govt Appeals Court Order

Defiant informal traders are rebuilding their shacks on road verges and in road reserves, amid revelations that some corrupt council officials were taking bribes to allow encroachments. This comes as Government is moving swiftly to appeal a High Court order to stop demolitions. The demolitions are not being done under …

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Zimbabwe: Cheap Smuggled Mealie Meal Imports Choke Local Milling Industry

Zimbabwean millers have raised concern over the proliferation of cheaper brands of smuggled mealie-meal which they say continued to threaten the local milling industry. Mealie-meal brands mostly from neighbouring Botswana and South Africa has flooded the local market, a development that has seen local millers scale down operations, and in …

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Zimbabwe: Mines, Banks in Crunch Talks Over U.S. Sanctions

By Fidelity Mhlanga Zimbabwe’s mines said on Friday they had kicked-off crunch meetings with banks, government and the Minerals Marketing Corporation of Zimbabwe (MMCZ) to find a solution after operators reported that their funds had been withheld in MMCZ’s foreign accounts by the United States government. The country’s mines export …

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Zimbabwe: Senators Welcome New Toilet System

By Columbus Mabika Pursuant to the aspirations of embracing technology towards disposal of human waste in communities that do not have proper sewage systems, Government has adopted the Eaziflush waste management system. The technology was developed by an indigenous company, Santinton Consortium, and uses at least two litres of water …

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Zimbabwe: Small-Scale Farmers Decry Limited Access to Markets

By Enacy Mapakame Chibuwe in Chipinge Rural District Council Ward 20 is a village, about 400 km south east of the capital city of Harare. The village is in ecological region four and relies on small holder agriculture with crops such as grains, cotton, sugar beans, ground nuts, paprika and …

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Bank-Funded Project Boosts Water Supply in Zimbabwe’s Second-Largest City

Limited investments in water and sanitation infrastructure across Zimbabwe’s urban centers in recent times have largely contributed to poor service provision, which has left citizens scrambling for the precious liquid. Bulawayo, the country’s second-largest city, was not spared. Frequent droughts in nearby regions worsened the water woes. “The situation worsened …

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Zimbabwe: Lifeline for Foreigners in Reserved Sectors – Dr Bimha

By Joseph Madzimure The Zanu PF’s Revised Indigenisation and Economic Empowerment policy gives a lifeline to foreigners who have already invested in the reserved sectors, a preserve for locals, the party’s secretary for Indigenisation and Economic Empowerment has said. Dr Mike Bimha confirmed this in an interview saying there are …

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Zimbabwe: Tobacco Sales Almost U.S.$400 Million On Day 44

By Alois Vinga Tobacco sales reached US$396.4 million on day 44, surpassing levels reached in a similar period last year, Tobacco Industry Marketing Board (TIMB) statistics have revealed. The TIMB update which contains stats compiled up to the 9th of June 2021 shows that farmers at the Auction Floors had …

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