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Water crisis worsens in Harare

ZIMBABWE’S capital city could turn into a “dust bowl” due to unprecedented poaching of underground water by merchants, who are depleting the water table and creating a potential freshwater crisis, the Financial Gazette can report. The situation for the capital, which harbours the highest population of any town or city…

Wave of price hikes hits Zim

PRICES have started going up after a hike in fuel prices triggered by an upward review of tax on fuel by government, which is desperate to raise cash to fund a tight budget. Government increased excise duty on fuel by US$0,05 with fuel service stations immediately responding by hiking prices…

Medical aid societies in crisis

ZIMBABWE’s medical aid societies are slithering into bankruptcy due to escalating medical aid claims, with a recent hike in tariffs ordered by government likely to worsen their already precarious position, industry players warned. The situation could affect at least 1,6 million Zimbabweans who still depend on medical aid, a form…

The sour taste of the Russian deals

PRESIDENT Vladimir Putin’s Russia has made an emphatic and strategic move into Zimbabwe’s platinum mining sector in the Great Dyke, in the latest signal of an intensifying scramble for Zimbabwe’s minerals. Recently, Zimbabwe played host to over 50 Russians, sealing deals that span from mining, mining equipment supplies to delivery…

US$5b power project on cards

THREE Chinese companies intend to invest about US$5 billion towards the construction of a thermal power plant in Gwayi, Matabeleland North, a development expected to help ease power shortages in the country. The project which is also expected to include coal mining in the area, would be done in phases.…

Exams under tent for Chingwizi pupils

AT least 220 Grade 7 pupils from four satellite schools in Mwenezi, including those enrolled at the newly-established Tokwe-Murkosi Primary School in Chingwizi will have to sit for their final examinations under tarpaulin tents. About 231 Early Childhood Development children and 769 pupils enrolled for Grades 1 to 7 have…