Zambia’s Chinese debt nearly twice official estimate, study finds
Zambia’s debt to Chinese public and private lenders is US$6.6 billion, almost double the amount disclosed by the previous Zambian government, an analysis of loan data by the China Africa Research Initiative (CARI) has estimated.
Traditional Chinese medicine hospital for Byo
Nqobile Tshili, Chronicle Reporter THE Chinese government is working on modalities to set up a traditional Chinese medicine hospital in Bulawayo saying its medicine has proven to be effective in…
Zimasco plans to more than double chrome processing capacity – if ZESA plays ball
Zimasco, one of the country’s biggest chrome smelters, plans to more than double annual smelting capacity to 400,000 tonnes over the next three years.
Katsande hits out at ‘toxic social media’
VETERAN midfielder Willard Katsande has spoken about how he has handled criticism received on social media throughout his career, which included a decade at Kaizer Chiefs. Now at Sekhukhune United,…
Concern over upsurge in spouse murders
Bongani Ndlovu, Chronicle Reporter POLICE in Bulawayo have urged couples having marital problems not to resort to violence but instead seek counselling. Recently two women were beaten to death in…
Russian fertiliser producer opens base in Zimbabwe
Mashudu Netsianda, Senior Business Reporter UNITED Fertiliser Company Limited (UFCL), a Russian firm with a global footprint, has opened a branch in Zimbabwe. The latest development comes at a time…
ZSE hits trillion-dollar mark
The Zimbabwe Stock Exchange (ZSE) market capitalisation, hits the trillion-dollar mark on Tuesday as investors sought safe haven from a depreciating local currency and rising inflation. The ZSE clocked $1,014,010,844,294 by the close of trading yesterday, the first time it has hit that mark.
10 years jail for electricity cables theft
Thupeyo Muleya, Beitbridge Bureau A 22-year-old Beitbridge man has been jailed for an effective 10 years for conniving with an accomplice to steal electricity cables worth $48 694 at Nottingham…
September inflation marginally rises
Business Reporter ZIMBABWE’S annual inflation stood at 51,55 percent for the month of September 2021 from 50,24 percent last month. In recent months, the country’s annual inflation has been slowing…
RBZ names, shames illegal forex dealers
The Reserve Bank of Zimbabwe yesterday banned 30 black-market currency dealers from operating any bank or mobile money accounts for the next two years and wants them banned from even using a cellphone line.











