ZTE Insukamini solar project in funding limbo

Tinashe Makichi Failure by Government to clear arrears to China Export and Credit Insurance Corporation (Sinosure) is scuttling funding for the 100 megawatt Insukamini solar project in Bulawayo. 

LafargeHolcim Cement in lime mining wrangle

Munashe Matambo The High Court has granted an interdict against LafargeHolcim Cement Zimbabwe barring the company from mining lime on a piece of land in Pfura Rural District in Mashonaland

ZCDC needs to be seen to be honest and competent

Zimbabwe’s diamond industry is starting to come right, but the Zimbabwe Consolidated Diamond Company not only has to get things right, and get them right fast, but also show

Confined in theory, Africa’s reality remains dim

Chris Chenga There have been many seasons in which Africa’s economic moment has been promised. Readings across economic publications show that Africa’s moment has been predicted to

Zimbabwe diamonds: Incompetence rules

Taurai Mangudhla An internal report by the Minerals Marketing Corporation of Zimbabwe for the January diamond tender has exposed startling variances of up to 319 percent between the reserve

Econet boosts market share to 84.2pc revenue and 53,1pc customers

Business Writer Econet Wireless Zimbabwe grew its revenue market share to 84,2 percent in the fourth quarter of 2017, up from 8,6 percent in the third quarter of the same…

Forex a threat to Zim 2018 growth

The Zimbabwe economy faces the real risk of plunging into a recession this year if companies continue struggling to get foreign currency, according to findings by a UK-based

Bad investment cost pension funds $3bn

Business Writer Zimbabwe’s insurance and pension industry lost billions of dollars due to excessive recurrent expenditure and bad investment decisions between 2009 and 2014, to the

Who determines exchange rates?

Business Writer As Zimbabwe continues to battle acute foreign currency shortages, some manufacturers have turned to the parallel market to access foreign currency to purchase raw materials

Can we say the bond note was successful?

Taurai Togarepi The Reserve Bank of Zimbabwe introduced the bond note in November 2016 as an export incentive to exporters. Initially the incentive was pegged at 5 percent but now…

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