Bulawayo Thermal Power Station re-powering stalls

Africa Moyo — The re-powering of the Bulawayo Thermal Power Station, which was expected to cost $87 million, has hit turbulence after it emerged that the only company that tendered…

LATEST: Congratulations President Mnangagwa- Germany Chancellor

Harare Bureau Germany has joined other world powers in congratulating President Emmerson Mnangagwa following his inauguration last Friday as Zimbabwe’s Head of State and Government and Commander-in-Chief of the Zimbabwe…

LATEST: Congratulations President Mnangagwa- Germany Chancellor

Harare Bureau Germany has joined other world powers in congratulating President Emmerson Mnangagwa following his inauguration last Friday as Zimbabwe’s Head of State and Government and Commander-in-Chief of the Zimbabwe…

Afreximbank executive calls for State-owned entities privatisation

Taurai Mangudhla — African Export–Import Bank (Afreximbank) executive vice-president Denys Denya has called for part-privatisation of all State-owned entities as one of the means to improve corporate

Equity Properties claims Shah had undue influence on Gono’s RBZ

— Claims RBZ facilitated illegal title deed transfer n Demands RBZ mediation, $10m for damages since 2012 Business Writer — The Reserve Bank of Zimbabwe has been sucked into the…

CFI shareholders seek nullification of extraordinary general meeting

Business Writer — Boardroom wrangles at CFI Holdings have spilled over into the courts after major shareholder Stalap Investments and three other shareholders filed a High Court application

22 Cabinet Ministers named

President Emmerson Mnangagwa last night announced a new cabinet of 22 ministers and 6 deputies compromising a mixture of old and new faces..

Major ammendments planned in export law

Africa Moyo — Government’s efforts to reduce bottlenecks impacting on the export business under the Rapid Results Initiative (RRI), have gained fresh impetus after the appointment of a taskforce

…. as vultures milk firm dry

Business Writers — The National Railways of Zimbabwe (NRZ) – a key player in the country’s economy through provision of affordable transportation – was fleeced of the bulk of its…

NRZ $400m deal fast-tracked

Leonard Ncube in Victoria Falls — The $400 million National Railways of Zimbabwe (NRZ) deal is set to be concluded before the end of the year paving way for the…