Menu

Blog and News

US$2bn Sengwa power project with renewed investor interest

US$2bn Sengwa power project with renewed investor interest

LISTED mining group, RioZim, says there has been renewed investor interest in its proposed $2,1 billion Sengwa Thermal Power station expected to produce 2 800 megawatts. In a statement accompanying the group’s interim financial results for the half year period ended June 30, 2018 released last week, chairman Mr Lovemore Chihota said renewed investor appetite […]

1 year ago Comments Off on US$2bn Sengwa power project with renewed investor interest
Zimbabwe's 2018 new Monetary Policy Highlights for Investors

Zimbabwe’s 2018 new Monetary Policy Highlights for Investors

Zimbabwe is on the move to strengthening the multi-currency system for value preservation and price stability. The Statement comes at a time when the economy is expanding on account of high consumer demand, increased business confidence within the national economy and positive expectations following the peaceful completion of the electoral process and the subsequent formation […]

1 year ago Comments Off on Zimbabwe’s 2018 new Monetary Policy Highlights for Investors
Cement manufacturing, an emerging investment opportunity in Zimbabwe

Cement manufacturing, an emerging investment opportunity in Zimbabwe

Zimbabwe cement demand to exceed supply in 2 years ZIMBABWE’S cement industry could run out of capacity by 2020 as national demand grows faster than the expansion in investment, one of the major producers has said. The industry is dominated by three major players, namely PPC Zimbabwe, Lafarge Cement Zimbabwe and Sino-Zimbabwe Cement. Together, they […]

1 year ago Comments Off on Cement manufacturing, an emerging investment opportunity in Zimbabwe
ED gives economy, re-engagement priority over politics

ED gives economy, re-engagement priority over politics

President Mnangagwa’s recent visit to New York broke from the past tradition of making the annual United Nations General Assembly all about politics, with Zimbabwe’s leader focusing more on the economy and re-engagement, a senior Government official has said. Zimbabwe’s Head of State and Government used the past week in New York to hold key […]

1 year ago Comments Off on ED gives economy, re-engagement priority over politics
Mohadi meets industry leaders

Mohadi meets industry leaders

ACTING President Kembo Mohadi will get full appreciation of issues besetting local industry when he meets industrial leaders during their annual congress underway in Bulawayo seeking to come up with interventions to rejuvenate one of the key sectors expected to drive economic recovery and growth in Zimbabwe. The Acting President, who is also expected to […]

1 year ago Comments Off on Mohadi meets industry leaders
Zimbabwe graced by India investment delegates

Zimbabwe graced by India investment delegates

INDIA has expressed readiness to do business with Zimbabwe and its corporates yesterday pledged to invest and partner local companies in different sectors of the economy. A 20-member business delegation from India is in Bulawayo attending the on-going Confederation of Zimbabwe Industries (CZI) annual congress and international investment forum, taking advantage of the drive by […]

1 year ago Comments Off on Zimbabwe graced by India investment delegates
US ready to work with Zimbabwe

US ready to work with Zimbabwe

The United States of America is committed to working with Zimbabwe on developing a robust and vibrant Parliament and solving problems currently affecting the country’s economic and political well-being, US Ambassador Mr Brian Nichols has said. Speaking during a one-on-one discussion organised by a local online organisation, Mr Nichols said Zimbabwe has enormous potential and […]

1 year ago Comments Off on US ready to work with Zimbabwe
Batoka Gorge a boost for Zambia and Zimbabwe’s development

Batoka Gorge a boost for Zambia and Zimbabwe’s development

A technocrat based in Chikankata District in Southern Province says the planned construction s by the Zambian and Zimbabwean governments to commerce the construction of a Four (4) Billion United States Dollar Batoka Gorge Hydro Power station in Southern province will greatly benefit the two nations. Professor Clement Matente, says the joint Batoka Gorge Hydro […]

1 year ago Comments Off on Batoka Gorge a boost for Zambia and Zimbabwe’s development
Craft Properties in $1,8bn Solar Partnership

Craft Properties in $1,8bn Solar Partnership

Local property firm, Craft Properties Private Limited, has entered into partnership with a United States investor for $1,8 billion solar projects to be implemented across the country. On completion, the projects – anticipated to commence early next year – should add 900MW to the national grid. The implementation of the projects will be done in […]

1 year ago Comments Off on Craft Properties in $1,8bn Solar Partnership
Kamativi lithium mining, a potentially viable venture

Kamativi lithium mining, a potentially viable venture

Kamativi Tailing Company (KTC) said initial drilling results at its lithium project in Matabeleland North have indicated that it can be commercially viable. KTC is a joint venture between Jimbata, operating as Zimbabwe Lithium Company (ZLC) and Kamativi Tin Mines (KTM), a subsidiary of Zimbabwe Mining Development Co. “The maiden resource statement marks the completion […]

1 year ago Comments Off on Kamativi lithium mining, a potentially viable venture