November 25, 2024
That makes Implats by far the biggest investor of all time in Zimbabwe because — assuming phase two runs to plan — it would have ploughed more than US$1 billion into the troubled country.But that hugely significant piece of news received nil coverage at the time of release…
Sibanda has been accused of fanning violence in the province, especially Bikita where he is said to have been camped for some weeks, forcing villagers and traditional leaders to attend his meetings.It is understood that the violence issue has also been brought before Cabinet, with questions revolving mainly on…
The young people of Zimbabwe have been robbed of a father and a pillar of strength that instilled hope in them.Sibanda was a man of honour who gave inspiration and was always there to provide guidance and instil the zeal to clamour for change in governance. Young people…
Sibanda died on Tuesday at the age of 66 after a protracted battle with cancer.Welshman Ncube, the secretary general of the MDC-M, formally wrote to President Robert Mugabe and ZANU-PF on Tuesday requesting that Sibanda, a liberation freedom fighter with the former PF-ZAPU, be granted national hero status,…
Sithole was snatched, along with his young secretary, Miriam Mhlanga, outside a Harare hotel on October 15 1975 and later declared dead, but his body was never found.According to the Fallen Heroes Trust, a group composed of mainly war veterans that has been identifying, exhuming and reburying fallen…
The probe is targeting perennial loss-makers, namely, the Cold Storage Company, the Zimbabwe Iron and Steel Company, the National Oil Company of Zimbabwe, Air Zimbabwe, Agricultural Bank, the National Railways of Zimbabwe, ZESA Holdings, the Grain Marketing Board, Net*One and TelOne.Gorden Moyo, the Minister of State Enterprises and…
Export margins slumped by 18 percent during the review period compared to the same period last year, while domestic margins stagnated at last year’s levels. Zimplow said long-term growth will heavily depend on its ability to capture a bigger share of the external markets, adding work is currently underway to…
Zimbabwe’s maximum power demand stands at 2100 mega-watts (MW), against internal dependable capacity of 1700 MW from the Kariba Hydro Power Station (750 MW), Hwange Thermal Power Station (780 MW) and three small thermal power plants with a combined dependable capacity of 170 MW.The three small thermal power…
Documents in possession of The Financial Gazette reveal that the State-owned firm’s workers have since questioned the transfer of nearly US$1,6 million to offset a debt to Zambia’s Investtrust Bank accrued when some managers at its subsidiary, Monarch Steel, in the neighbouring country, failed to service personal loans…
ZANU-PF, the MDC-T and the MDC-M have been deadlocked over contentious issues relating to the implementation of the Global Political Agreement (GPA) since its consummation in September 2008. Several efforts by President Zuma, the SADC-appointed mediator in the Zimbabwe crisis, have failed to break the deadlock despite his…
