FOR years, structural deficits, aging infrastructure, and persistent power shortages have tested the resilience of Zimbabwe’s economy. Yet, the latest regulatory framework unveiled by the Zimbabwe Energy Regulatory Authority (Zera) marks a transformative turning point. Through a decisive overhaul of national energy policy, authorities have delivered a forward-looking strategy that directly targets blackouts while laying…
RUTENDO NGARA SENIOR STAFF WRITER A HARARE High Court yesterday issued an order stopping a Chinese firm from carrying out developments on Glen Lorne wetlands, following an urgent application by local residents. Justice Samuel Deme granted the order against Zhoumu after residents, led by business mogul Shingayi Mutasa, sought legal intervention to protect the ecologically…
Emmanuel Marambe DEPUTY NEWS EDITOR ZIMBABWE’s escalating drug crisis has now evolved from being a public health issue into a grave threat to national security, a concerned minister of State for National Security, Lovemore Matuke, has warned. Addressing youth in Gutu during an anti-drugs sports tournament that he organised at the weekend, Matuke said rampant…
BULAWAYO must move beyond identifying investment opportunities and develop bankable projects to attract large-scale financing, the Zimbabwe Investment and Development Agency says (Zida). Zida chief executive officer Tafadzwa Chinamo said the main challenge was not a shortage of capital, but Bulawayo’s ability to convert its investment opportunities into properly structured propositions capable of giving investors…
Tapiwa Chirume PRESIDENT Emmerson Mnangagwa says his administration will continue removing investment and trade barriers to create a conducive business environment and attract capital. Speaking yesterday at the official opening of the new Ecobank Zimbabwe headquarters in Harare, Mnangagwa said the government would step up measures to promote investment, shared prosperity, and economic development. “Barriers…
GOVERNMENT has secured funding from a corporate consortium to construct 1 000 new schools nationwide, targeting severely disadvantaged rural communities. The development comes as government officials launched an assessment of disadvantaged satellite schools in Matabeleland North following reports that 550 primary schools recorded Grade Seven pass rates of below 10 percent last year. Giving an…
Kudzanai Gerede TECH powerhouse Natalie Jabangwe and Mutapa Investment Fund Chief Investment Officer Simba Chinyemba will headline the prestigious and highly anticipated…
AUTHORITIES have ordered an immediate crackdown on space barons in Bulawayo, directing vendors to stop paying illegal operators controlling trading sites. The minister of Local Government, Daniel Garwe, yesterday said space barons had no legal authority to allocate vending spaces or collect money from traders, warning vendors that paying them amounted to supporting illegal activities….
Tapiwa Chirume THE National Railways of Zimbabwe will commission 100 refurbished wagons and three locomotives under a public-private partnership with ferrochrome producer Zimasco. In a statement yesterday, the National Railways of Zimbabwe (NRZ) said the rolling stock had been refurbished through funding provided by Zimasco for the procurement of critical spares and consumables. “The National…
ZIMBABWE has invited Chinese technology companies to invest in its digital infrastructure, e-commerce, smart logistics, and cross-border payment systems. The deputy minister of Public Service, Labour and Social Welfare, Mercy Dinha, made the call at the weekend in China at the Forum on Digital Trade Developments and DGF Annual Meeting held as part of the…
