Month: November 2024

News

Cabinet Greenlights Upgrade of Forbes Border Post to Boost Economic Growth

The Second Republic, led by President Emmerson Mnangagwa, has taken another significant step toward achieving its Vision 2030 goal of an upper-middle-income economy. The Cabinet has approved a comprehensive modernization and upgrade of Forbes Border Post in Manicaland Province under a public-private partnership (PPP) framework. This initiative builds on the government’s ongoing infrastructure development agenda, […]

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John Moxon
Business

ZSE Halts Meikles shares trading amid row

Meikles Limited shares have been halted from trading on the Zimbabwe Stock Exchange for a period of up to one hundred and eighty days (180) to allow the company to address some corporate governance issues. The suspension is effective the 26th of November 2024. The company has recently been in turmoil following major shareholder John […]

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Business

Bridgefort Capital delists from ZSE, sets sight on VFEX

Bridgefort Capital Limited has voluntarily terminated its listing on the Zimbabwe Stock Exchange (ZSE) with effect from the 26th of November 2024. The company’s class A and B shares can no longer be traded on the bourse. The company’s shareholders resolved to terminate the listing on the 15th of November. The move is in line […]

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Sports

PSL 11 Soccer star finalists unveiled, Simba contributes five players

The Castle Lager Premier Soccer League (PSL) curtain came down last weekend with Simba Bhora being crowned the 2024 champions. Four teams were relegated namely, Bulawayo Chiefs, Chegutu Pirates, Arenel Movers and Hwange. The voting for the eleven finalists was done this Wednesday by a panel of journalists, club coaches and club captains. Newly crowned […]

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News

President Mnangagwa’s 2018 Hwange Power Expansion Masterstroke Saves the Day

Zimbabwe’s recent intensification of load shedding has triggered criticism on social media, with some attributing the situation to government inefficiency. However, without the Second Republic’s foresight in expanding the Hwange Power Station with Units 7 and 8, the current power shortages would have been far worse. This strategic investment, championed by President Emmerson Mnangagwa in […]

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News

Hwende’s Explosive Admission: CCC’s Weaknesses Laid Bare

Charlton Hwende, the Citizens Coalition For Change (CCC) legislator for Kuwadzana East and Chairperson of the Public Accounts Committee in the National Assembly, has stirred controversy with a post on X (formerly Twitter) that seemingly critiques his party’s weaknesses. Hwende’s comment predicted a victory for Namibia’s SWAPO party and its candidate Netumbo Nandi-Ndaitwah, citing key […]

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This is what is left after a fire broke out at Mbare Market
News

Mbare Musika Fire Victims Receive Timely Boost from Chinese Ambassador

The Chinese Ambassador to Zimbabwe, Zhou Ding, has extended a compassionate hand to families affected by the devastating Mbare Musika fire, which occurred on October 8, 2024. This tragedy, declared a State of Disaster by President Emmerson Dambudzo Mnangagwa, impacted 4,695 traders, leaving many vulnerable and in need of support. In collaboration with @teen_rescue, Ambassador […]

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News

U.S. Ambassador Pamela M. Tremont Commends Zimbabwe’s Progress in Economic Reforms

In a notable display of diplomatic recognition, U.S. Ambassador to Zimbabwe, Pamela M. Tremont, on 25 November 2024, applauded Zimbabwe for its significant progress in economic and governance reforms. Speaking at the High-Level Structured Dialogue on Debt and Arrears negotiations held at the Harare International Conference Centre (HICC), Ambassador Tremont highlighted the importance of collaboration […]

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News

President Mnangagwa Steers High-Level Debt Clearance Talks

President Emmerson Mnangagwa is spearheading Zimbabwe’s High-Level Structured Dialogue on debt clearance, held at the Harare International Conference Centre (HICC). This landmark event, featuring prominent stakeholders such as African Development Bank President Dr. Akinwumi Adesina and former Mozambican President Joaquim Chissano, underscores the nation’s commitment to addressing its financial challenges and advancing sustainable economic development. […]

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News

High-Risk White Line Vending: A Call for Safety and Regulation

The growing prevalence of road white-line vending presents serious safety concerns that require urgent attention. While embracing Indigenous business practices is important, the inherent risks of this form of vending cannot be ignored. Proper planning and risk management are vital for any business, regardless of size, yet many individuals engage in this activity without fully […]

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