CONSTRUCTION & PROPERTY

Lafarge to double capacity after launching US$25m expansion project

Lafarge has budgeted US$25 million for its expansion project which will double capacity by year-end 2022.  The expansion plan kicked off this morning at a ground-breaking ceremony for a Dry Morta...

By Staff reporter | Published: 11 March 2020

INDUSTRIALS & ENERGY

Why Zimbabwe quadrupled its electricity prices

Zimbabwe has increased the average electricity tariff by 320% to let the state power utility ramp up production and improve supplies at a time of daily rolling power cuts, the national energy regulato...

By Reuters | Published: 10 October 2019

BUSINESS NEWS

Zimbabwe industry capacity utilisation to drop to 30%

MANUFACTURING sector capacity utilisation is projected to drop to about 30 percent this year from 48 percent in 2018 due to negative macro-economic factors that hit Zimbabwe since January, the Confede...

By Staff reporter | Published: 07 October 2019

BUSINESS NEWS

No Treasury bailout for small Zimbabwe city

Finance Minister, Mthuli Ncube, this week revealed that there would be no rescue package for the City of Kwekwe to avert a water crisis in the short term due to serious complexities.But the failure to...

By Staff reporter | Published: 05 October 2019

BUSINESS NEWS

Prepaid electricity vending system up today

THE Zimbabwe Electricity Distribution Company (ZETDC)'s customers will from today be able to buy electricity tokens. This follows a short interruption of the system by the power utility for scheduled ...

By Staff reporter | Published: 04 October 2019

BUSINESS NEWS

Mnangagwa to meet Ramaphosa over electricity

President Mnangagwa is expected to meet his South African counterpart on Sunday to discuss whether Zimbabwe's neighbour can export more electricity to the country in light of the current shortages bei...

By Staff reporter | Published: 05 July 2019

BUSINESS NEWS

Electricity tariffs hike looms

Government says it will soon review electricity tariffs to reflect costs because current charges are no longer sustainable.Zimbabwe is currently facing its worst power shortages in years after low wat...

By Staff reporter | Published: 05 July 2019

BUSINESS NEWS

Harare City Council sells land to raise salaries

HARARE City Council has resolved to sell a prime piece of land in Mount Pleasant to a property developer to raise money for salaries.The land is currently being used by the ruling Zanu PF party as its...

By Staff reporter | Published: 19 December 2018

BUSINESS NEWS

Bulawayo City Council wants to charge in forex

THE Bulawayo City Council has formulated a policy designed to raise foreign currency through giving a 50 percent discount to individuals who pay bills in United States dollars after service providers ...

By Staff reporter | Published: 16 November 2018

BUSINESS NEWS

Capacity utilisation to exceed 50%: CZI

THE country's manufacturing sector capacity utilisation is set to exceed 50 percent this year on the back of gains achieved in the last two years, with more positive prospects under the new political ...

By Staff reporter | Published: 07 September 2018

BUSINESS NEWS

Harare City misses its deadline

HARARE City Council has missed the deadline it had set for recruitment of a town clerk, with the human resources committee blaming the mayor, Bernard Manyenyeni, for the delay.Council, three weeks ago...

By Staff reporter | Published: 10 July 2018

OPINION

The Sunshine City that lost its lustre

Elections are a time when politicians set up their stalls so the electorate can "shop around" and make a choice. All over the world when politicians hit the campaign trail they make outrageous promise...

By Ish Mafundikwa | Published: 09 July 2018

POLITICS

Chiwenga to apprehend White City bombers

Vice President General Constantino Chiwenga (retired) has once again assured Zimbabweans that those behind the terrorist attack at White City Stadium in Bulawayo two weeks ago targeted at President Em...

By Staff reporter | Published: 09 July 2018

BUSINESS NEWS

Billboards earn city $3,6m annually

Harare City Council is raking in $3,6 million annually in advertising revenue from seven companies it signed deals with, but could be losing millions more from those illegally erecting billboards. The...

By Staff reporter | Published: 09 July 2018

POLITICS

Joshua Malinga relives horror of White City attack

AS the world reeled from the aftershock of an unprecedented assassination attempt on a sitting President in Zimbabwe, a video that exposed how physically challenged people are not catered for in infra...

By Staff reporter | Published: 05 July 2018

POLITICS

'Zimbabwe opposition lacks capacity to win elections'

Zimbabwean opposition parties lack organisational capacity to seriously challenge President Emmerson Mnangagwa and his Zanu-PF party in the looming July 30 elections, analysts said.With reports that t...

By Staff reporter | Published: 01 July 2018

OPINION

Pre-paid electricity meters too expensive

EDITOR,While the move to have residents purchase their own household electricity pre-paid meters is a noble idea, there still lingers many questions regarding their accessibility.We acknowledge that Z...

By Tawanda Pamire | Published: 30 June 2018

POLITICS

'White City explosion an inside job'

THE opposition Zapu party has sensationally claimed that the fatal explosion that occurred during a Zanu PF campaign rally at White City Stadium in Bulawayo on Saturday was stage-managed to portray re...

By Staff reporter | Published: 26 June 2018

BUSINESS NEWS

Zim lags behind on electricity regulatory index

THE African Development Bank (AfDB) has ranked the Zimbabwe Energy Regulatory Authority (Zera) and Zimbabwe Electricity Transmission and Distribution Company (ZETDC) as having an average level of deve...

By Staff reporter | Published: 26 June 2018

BUSINESS NEWS

New vendor mall to de-congest city

A local firm has opened a new place for traders called Fourways Traders Mall along Kenneth Kaunda Avenue, which can accommodate over 500 informal traders and is expected to de-congest the city's pavem...

By Staff reporter | Published: 21 June 2018

BUSINESS NEWS

Midlands firms use 85% capacity

INVESTOR confidence under the new Government administration is continuing to grow with most industries in the Midlands province now operating at 85 percent.In his welcome remarks during President Mnan...

By Staff reporter | Published: 08 June 2018

BUSINESS NEWS

Zim lacks holistic infrastructural developmental capacity'

ZIMBABWE Institution of Engineers (ZIE) chief executive officer, Sanzan Diarra says the government on its own cannot tackle the country's infrastructural development challenges.Speaking to NewsDay yes...

By Staff reporter | Published: 07 June 2018

POLITICS

'Beitbridge should be a city'

MDC Alliance leader, Nelson Chamisa last week attacked the Zanu-PF government for failing to develop the border town despite the huge potential which comes from its proximity to South Africa and its ...

By Staff reporter | Published: 04 June 2018

BUSINESS NEWS

Zim destined to produce surplus electricity, fuel

President Emmerson Mnangagwa yesterday told over 40 000 youths at a convention in Mkoba that Zimbabwe was destined to produce surplus electricity and fuel. "We signed an agreement for coal-bed-methane...

By Staff reporter | Published: 01 June 2018

POLITICS

Tsvangirai to receive freedom of the city honour

THE late MDC-T leader Morgan Tsvangirai has been shortlisted to posthumously receive Harare City Council's freedom of the city status.Mayor Bernard Manyenyeni confirmed the development early this week...

By Staff reporter | Published: 26 May 2018
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