Public-Private Partnership to Upgrade Chirundu One Stop Border Post

Cabinet has approved a Public-Private Partnership (PPP) between the Ministry of Transport and Infrastructural Development and Chirundu Border Consortium to upgrade and modernize the Chirundu One Stop Border Post. This initiative, proposed by Minister of Finance, Economic Development, and Investment Promotion, Honourable Prof. Mthuli Ncube, will be executed under a Build, Operate, Own, and Transfer (BOOT) model over a 20-year period.Chirundu Border Consortium, a Zimbabwean company, will lead the project with an investment of approximately US$66.8 million. The scope of work includes renovating existing border post infrastructure, constructing new buildings, weighbridges, roads, and parking areas, enhancing Information Communication Technology Systems (ICTS), improving traffic processing systems, and building staff housing.This upgrade aims to complement the improved efficiency at Beitbridge Border Post and the upgraded Beitbridge-Harare-Chirundu highway, positioning this route as the preferred North-South Corridor. It will enhance Zimbabwe’s connectivity within the region, benefiting from the African Continental Free Trade Area (AfCFTA) by speeding up the movement of goods. Additionally, the project will create employment opportunities for local communities, contributing to economic growth and development in the area.

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TREASURY DRAWS LINE ON THIRD-PARTY GOVERNMENT PAYMENT CLAIMS

HARARE — Treasury has drawn a firm line against the growing practice of Government suppliers and contractors engaging consultancy firms, agents and other intermediaries to pursue outstanding payments, signalling a broader effort to bring greater control and accountability to the management of public financial obligations. Finance, Economic Development and Investment Promotion Minister Professor Mthuli Ncube […]

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YOUTH SKILLS, INNOVATION DRIVE ZIMBABWE’S ECONOMIC TRANSFORMATION AGENDA

By Aldridge Dzvene RUWA – Government has placed youth skills development and innovation at the centre of Zimbabwe’s economic transformation agenda, with Deputy Minister of Youth Empowerment and Vocational Training Hon. Kudakwashe Mupamhanga urging young people to turn technical knowledge and creativity into productive enterprises. Speaking at Ruwa Vocational Training Centre during the International Youth […]

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Government Warns Creditors Against Using Consultancy Firms to Recover State Debt

HARARE — The Ministry of Finance, Economic Development and Investment Promotion has directed all creditors of Government Ministries, Departments and Agencies to immediately stop engaging third-party consultancy firms to collect or follow up on outstanding debts owed by the State. In a press statement issued this week, the Ministry said all debt recovery must be […]

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