Russia, China to ditch US dollar

MOSCOW and Beijing have inked an intergovernmental agreement to switch to national currencies in bilateral trade and boost cross-currency settlements up to 50 percent as they ramp up efforts to move a...

By Russia Today | Published: 01 July 2019


Chinamasa appointment to Air Zimbabwe board 'dubious'

President Emmerson Mnangagwa has named former finance minister Patrick Chinamasa as the new chairman of the Air Zimbabwe board - but the validity of the appointment was immediately thrown into questio...

By Staff reporter | Published: 11 June 2019


More China investments coming to Zimbabwe

I arrived in Harare last month and I have already had a deep impression of the beautiful scenery, pleasant climate and wonderful people of Zimbabwe.I am especially moved by the friendship that Zimbabw...

By Ambassador Guo Shaochun | Published: 28 April 2019


China's Tsingshan expands plans for Zimbabwe steel plant

China's Tsingshan Holding Group has expanded its plans for a steel plant in Zimbabwe to include a power plant and a lithium concession, Zimbabwe's Mines Minister Winston Chitando said on Tuesday.Presi...

By Reuters | Published: 24 April 2019


China takes over Chimanimani roads rehab

THE Chinese government has offered to rehabilitate all roads washed away by Cyclone Idai in Chimanimani at its own cost and has already contracted six private Asian companies to carry out the project....

By Staff reporter | Published: 24 April 2019


China leads Zimbabwe cities revamp

THE future has arrived, and it looks nothing like what anyone expected. In the midst of a debilitating economic crisis, Zimbabwean urban centres are plagued by pollution, poverty and crumbling infrast...

By Staff reporter | Published: 07 December 2018


Zimbabwe has billions it is not exploiting, says China

China says Zimbabwe is not adequately exploiting opportunities it is presenting because officials in Harare are not adequately familiarising themselves with Beijing's development documents.China's ac...

By Staff reporter | Published: 04 December 2018


Zimbabwe could be China's economic gateway to Sub-Saharan Africa

Anti-Chinese rhetoric in Africa can only be mitigated by the pursuit of stronger economic ties between the Asian giant and countries on the continent, including Zimbabwe. The Southern African country ...

By Carter Chapwanya | Published: 20 November 2018


Mnangagwa is a vendor in China, says Chamisa

MDC leader Nelson Chamisa has condemned the current police operation to remove illegal vendors from the Harare CBD as he also dismissed claims the blitz was triggered by the need to get rid of anythin...

By Staff reporter | Published: 30 September 2018


12 Zimbabweans face the gallows in China

Twelve Zimbabweans, one man and 11 women face the death sentence in China unless President Emmerson Mnangagwa's government moves with speed to operationalise a prisoners' exchange programme with the A...

By Staff reporter | Published: 21 September 2018


Confusion over $2bn loan from China to Zimbabwe

AFTER its desperate quest for a critical US$2,5 billion bailout package from China hit a snag last week, government has somersaulted and now claims it did not request any such money.Ministry of Financ...

By Staff reporter | Published: 14 September 2018


China pledges $60m for financing projects in Africa

CHINESE President Xi Jinping announced while officially opening the Beijing Summit of the Forum on China-Africa Co-operation (FOCAC) that his country was pledging $60 billion for financing various pro...

By Staff reporter | Published: 09 September 2018


Mnangagwa signs 3 more 'mega' deals with China

President Mnangagwa on Wednesday met with his Chinese counterpart President Xi Jinping after the conclusion of the 2018 Beijing Summit of the Forum on China-Africa Cooperation (FOCAC) and the two lead...

By Staff reporter | Published: 07 September 2018


Zimbabwe pins hope on China for forex

Zimbabwe is pinning hopes on Chinese banks to extending significant lines of credit to ease a serious shortage of foreign currency following a sharp rise in demand by businesses resulting from improve...

By Staff reporter | Published: 07 September 2018


China Railways officials jet in

China Railways Limited top officials arrived in Zimbabwe on Thursday to finalise a $2,5 billion railway deal with Zimbabwe. The delegation is led by VP and senior government engineer Shao Gang.More to...

By Staff reporter | Published: 23 July 2018


'We're tired of Zanu-PF machinations'

Thousands of Zimbabwean opposition supporters took to the streets of Harare on Wednesday demanding fair elections following alleged irregularities in the electoral roll ahead of the July 30 vote.The e...

By AFP | Published: 11 July 2018


Red tape closing Zimbabwe for business

Finance and Economic Development minister Patrick Chinamasa says bureaucracy in local authorities and State agencies was frustrating President Emmerson Mnangagwa's efforts to attract foreign direct in...

By Staff reporter | Published: 06 July 2018


Chinamasa pay rise headache

The Zimbabwean government says it is worried about treasury's widening budget deficit after it raised civil servants salaries but is hoping improvement in economic performance will help the country ge...

By Staff reporter | Published: 06 July 2018


Moyo, Chinamasa on reengagement crusade

Foreign Affairs and International Trade Minister Retired Lieutenant General Dr Sibusiso Moyo embarks on another re-engagement crusade to the Netherlands this Monday night following the first leg tour ...

By Staff reporter | Published: 02 July 2018


New economic chapter beckons for Zimbabwe

CHINA is confident that Zimbabwe will register positive economic transformation under the new political dispensation, Chinese Ambassador to Zimbabwe, Mr Huang Ping, has said.Speaking at the groundbrea...

By Staff reporter | Published: 29 June 2018


Zimbabwe told to prioritise domestic capital

ZIMBABWE should seriously consider boosting its economy by placing more emphasis on domestic capital over foreign investment through attractive investment packages and other incentives, analysts say.T...

By Staff reporter | Published: 28 June 2018


China dumps dollars

SOME Chinese banks today sold off large amounts of dollars to devalue the yuan, further rattling investors.The move by Chinese banks was likely at the behest of the Chinese government, analysts said, ...

By Staff reporter | Published: 27 June 2018


Infrastructure stock rising due to Treasury Bills

Treasury Bills (TBs) have mostly been channelled towards infrastructure development and Government had managed to keep its borrowing under manageable levels, Finance and Economic Planning Minister Pat...

By Staff reporter | Published: 24 June 2018


Trump puts 25% tariff on $50bn Chinese goods

US President Donald Trump has imposed 25% tariffs on $50bn worth of Chinese goods, accusing Beijing of intellectual copyright theft.Tariffs that affect more than 800 products worth $34bn in annual tra...

By BBC | Published: 15 June 2018


China's Tsingshan mulls $1bn steel plant in Zim

China's unlisted Tsingshan Holding Group on Monday signed a $1 billion outline agreement with Zimbabwe to build a steelmaking plant there after completing a feasibility study.President Emmerson Mnanga...

By Reuters | Published: 12 June 2018

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