adminZim eyes 10 000MW power output
Golden Sibanda Senior Business Reporter
ZIMBABWE plans to raise power output to 10 000 megawatts in line with targets for a US$100 billion economy by 2040. The Government was thus committed to continue investing in new power generation capacity to close the supply gap. Addressing the Mining Indaba last week, Zimbabwe Energy
Bank charges: No reprieve in sight
Tawanda Musarurwa Business ReporterACTING Finance Minister Gorden Moyo says a review of high bank charges and interest rates was unlikely soon, as the Reserve Bank of Zimbabwe had not taken decisive steps to address the issue. The Ministry of Finance and the Reserve Bank of Zimbabwe have both condemned the prevailing high
All set for Elite Model finals
Jonathan Mbiriyavmeka Entertainment ReporterElite Model Look Zimbabwe finals are scheduled for October 27, 2012 at the Harare International Conference Centre where one model will land a life changing career on the catwalk. The programme will start at 5pm with the arrival of VIPs and the main show will be at 7pm. Janice Costa, the
Book Café, Pakare Paye join hands
Arts CorrespondentArts development centres Book Café and Pakare Paye have forged a rare alliance that will see musicians from the centres sharing the stage at these venues. Youthful afro-jazz artistes from Pakare Paye namely Tsvete, Donald Kanyuchi and Mike Bere had the entire Book Café afternoon slot for
Intwasa fest comes alive
Ruth Butaumocho Entertainment Editor
Summer thrills returns to Bulawayo this week, when the City of Kings play host to the eighth edition of the Intwasa ko Bulawayo Arts Festival.
As has become the norm, Bulawayo will for the next six days — beginning tomorrow — be swamped with more than 100 artistes, who will be
We’re working towards platinum refinery
The mining industry has risen to become the anchor to Zimbabwe’s economic growth and development accounting for up to 60 percent of foreign exchange earnings and 13 percent of GDP last year. Senior Business Reporter Golden Sibanda (GS) took advantage of the Mining Indaba to talk to Chamber of Mines Zimbabwe president Mr Winston Chitando (WC) on this and other issues. Excerpts . . .
The mining industry has risen to become the anchor to Zimbabwe’s economic growth and development accounting for up to 60 percent of foreign exchange earnings and 13 percent of GDP last year. Senior Business Reporter Golden Sibanda (GS) took advantage of the Mining Indaba to talk
Maintain integrity, internal auditors urged
Business ReporterINTERNAL auditors have been urged to be brave and maintain integrity in discharging their duties. The call was made by different speakers during the Institute of Internal Auditors annual conference in Victoria Falls last week, which was running under the theme “Stretching Internal Audit Boundaries”.
Govt courts Japanese, Chinese investors
Government has engaged Japanese and Chinese investors to set up a mining exploration company, a senior official has said. The Mining Promotion Corporation will be charged with conducting mineral exploration throughout the country to ascertain Zimbabwe’s reserves of various minerals. TheTurn rhetoric into action
Jeff Gogo Climate StoryTHE National Energy Policy launched by Government in Harare recently provides Zimbabwe a chance to turn rhetoric into action. Most importantly, it should provide direction and replenish national interest for the full-scale exploitation of renewable energies. The policy should be able to eliminate
Pelhams share bargain boosts ZSE turnover
Business ReporterTHE Zimbabwe Stock Exchange share market rose slightly last Friday on gains in selected heavyweight counters, with the major highlight being a special bargain of 116,3 million Pelhams shares. The industrial index advanced 0,2 percent or 0,29 points at 140,02 points after cement maker