Business
NPA gets down to serious business
THE speedy conclusion of high-profile cases appears to be the new norm under the country’s new Prosecutor-General, Justice Loice Matanda-Moyo, who was appointed last month and promised to introduce “a culture of concluding cases”. The conviction of high-profile cases including former Deputy Finance Minister Terrence Mukupe and Zimbabwe Miners Federation president Henrietta Rushwaya has since […]
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Government restructures Zesa to increase power supply and achieve electricity self-sufficiency
THE Government has made the decision to restructure the power utility company (ZESA), to increase the country’s electricity self-sufficiency. The approved roadmap to electricity self-sufficiency signifies the Government’s commitment to addressing the prevailing power deficit and establishing a more reliable and sustainable power supply for Zimbabwe. The Minister of Energy and Power Development, Edgar Moyo […]
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Zim to feature prominently at IATF 2023
Zimbabwe is expected to feature prominently at the Intra-African Trade Fair (IATF) 2023, which begins here today, as the southern African country continues to position itself as an investment and trade partner of choice on the continent and globally. IATF is a unique and valuable platform for businesses to access an integrated African market of […]
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Cement, fertiliser imports liberalised
Import of cement by individuals and companies with free funds has been opened by Cabinet to curb the artificial cement shortages that have seen some products more than double in price and pushed up construction costs, Information Publicity and Broadcasting Services Minister, Dr Jenfan Muswere said yesterday. Cabinet is also allowing farmers with free funds […]
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Zimbabwe hosts Kimberly Process Certification Scheme meetings
ZIMBABWE hosts the Kimberley Process Certification Scheme (KPCS) this week in Victoria Falls where local and foreign delegates will deliberate on a range of issues affecting the sector including coming up with strategies to eradicate conflict diamonds. Zimbabwe assumed the KPCS chairmanship last year in November and it is during its term at the helm […]
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President appoints Mutapa Investment Fund board
President Mnangagwa has approved the appointment of a seven member Mutapa Investment Fund board to be chaired by Dr Chipo Mutasa. A recent Statutory Instrument gazetted by President Mnangagwa invoked his Presidential Powers to temporarily amend the Investment Laws to rename and upgrade the old Sovereign Wealth Fund and transfer the shares in 20 State-owned […]
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Zimplats’ diamond exploration on target
Platinum group metals (PGM) producer Zimplats says the ongoing surface diamond drilling programme at Ngezi mining lease 37 (ML 37) is on schedule as the group aims to upgrade its mineral resource base. In an operational update for the quarter under review, the company said a total of 8,024 meters were drilled as part of […]
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Mining fatalities soar…Illegal mining blamed for workplace accidents
STAKEHOLDERS in the mining sector have raised concern over escalating illegal, unsafe mining activities, particularly among artisanal miners who frequently invade disused mines leading to fatal accidents and extensive damage to key national infrastructure such as roads, railway tracks, and schools. Cases of accidents in the small-scale mining sector have been on the rise, resulting […]
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Zim lithium exports jump 1000pc in 5yrs
ZIMBABWE’s lithium exports have increased by more than 1 000 percent since 2018 to US$209 million by September this year, Mines and Mining Development Minister Zhemu Soda has revealed. With the largest lithium deposits in Africa and ranking seventh in production in the world, Zimbabwe continues to ramp up production amid growing demand for the […]
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Beef output jumps 13pc on Govt support to farmers
Zimbabwe is currently experiencing strong growth in beef production after the country recorded a 13 percent increase in the number of cattle slaughtered in the 12-month period to September 2023, a Cabinet Minister said. Speaking to delegates at the ZANU PF conference in Gweru over the weekend, Finance, Investment Promotion and Economic Development Minister Professor […]
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