Month: November 2023
‘Minerals should benefit Zimbabweans first’
ADHERENCE to ethical mining practices coupled with value addition and beneficiation of minerals will enable Zimbabwe to derive maximum benefits from its natural resources for shared prosperity among its citizens, President Mnangagwa said yesterday. Commissioning Bikita Minerals’ Spodumene and Palatine plants, which will add value to lithium ore, President Mnangagwa said gone are the days […]
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Media a vehicle for development: Minister
THE media is a vehicle for national development and should generate quality content that educates the world on Zimbabwe’s values, culture, history and the ensuing economic growth and development spearheaded by the Second Republic, the Minister of Information, Publicity and Broadcasting Services, Dr Jenfan Muswere, said yesterday. In a speech read on his behalf by […]
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‘Sanctions galvanise Zim towards self-sufficiency’
THE flip-side of the punitive economic sanctions imposed on Zimbabwe by Western nations is the country’s prevailing culture of self-reliance that is evidenced by the attainment of food self-sufficiency for three years running, President Mnangagwa has said. In a speech read on his behalf by Vice President Kembo Mohadi at the Zimbabwe Institute of Strategic […]
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Zim, Portugal consolidate ties
ZIMBABWE and Portugal enjoy excellent bilateral relations which both countries continue to nurture through cooperation in many fields, outgoing Portuguese Ambassador to Zimbabwe Miguel De Calheiros Velozo has said. Zimbabwe’s appeal in diplomatic circles continues to increase as the Second Republic’s engagement and re-engagement drive bears fruit. The Portuguese Ambassador yesterday paid a courtesy call […]
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Economy has undergone robust transformation — Prof Ncube . . . as he presents 2024 National Budget today
ZIMBABWE’s economy has undergone a robust transformation over the past five years and the 2024 National Budget will focus on consolidating these gains by laying the foundation for sustainable and inclusive growth, Finance, Economic Development and Investment Promotion Minister Professor Mthuli Ncube has said. This comes as Minister Ncube will this afternoon present the 2024 […]
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US$11m LP gas depot complete
GAS supplies are now more assured with the operationalisation of the first phase of the US$11 million liquefied petroleum gas (LPG) storage and handling facility with a holding capacity of 650 tonnes in Ruwa. State-owned National Oil Infrastructure Company of Zimbabwe (NOIC) undertook the successful project which allows a reasonable amount of gas to be […]
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Prospect Lithium transforms Goromonzi
MINING giant Prospect Lithium Zimbabwe has been commended for its social investments which have seen transformative development in Goromonzi district. Prospect Lithium has overseen an improvement in the standards of living for the residents of Goromonzi through employment creation and infrastructure development. This year it built semi-detached staff quarters for teachers at Belmont Primary School, […]
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844 bus drivers arrested for speeding
Freeman Razemba and Ivan Zhakata BUS drivers are now being routinely fined for speeding as the police applaud the Zimbabwe Public Transport Organisation (ZPTO) for their support in implementing the innovative speed tracking system which has so far seen 844 drivers arrested since last month. Transport operators recently started fitting buses with speed tracking and […]
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Firm secures US$120m for Afrochine solar plant
African Transmission Corporation Holdings (ATC), which specialises in infrastructure project financing, says it has reached financial closure for about US$120 million needed for the construction of a 100 megawatt photovoltaic (PVC) solar power plant to supply ferrochrome producer Afrochine Smelting. Mr Victor Utedzi, a director with ATC, said the company was also tasked by Dinson […]
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Tobacco exports surge 40pc, as planting of season’s crop stutters
A MISHMASH of factors such as growing export volumes and value addition on the backdrop of firming commodity prices has laid the foundation for a 40 percent increase in the value of tobacco exports, which saw earnings growing from US$801 million in 2022 to US$1, 1 billion this year. Statistics availed by the Tobacco Industry […]
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