Tax exemption for Chinese company

Finance and Economic Development minister Mthuli Ncube said government will refund and exempt China Jiangsu International from Value added Tax (Vat) and income tax dating back to 2012.China Jiangsu in...

By Staff reporter | Published: 31 December 2018


Chinese exit Bindura

Chinese mining and exploration group ASA Resources Group says it is tying up a deal to sell-off its shareholding in Bindura Nickel Corporation (BNC), which will see it exit the Zimbabwean market.ASA o...

By Staff reporter | Published: 20 December 2018


3 Chinese firms shut down

ENVIRONMENTAL Management Authority (EMA) recently ordered the closure of three Chinese companies that were setting up coke-processing and solar power plants in Hwange without conducting environmental ...

By Staff reporter | Published: 17 December 2018


Pacific Cigarette Company partners Chinese firm

Pacific Cigarette Company (PCC), formerly Savannah Tobacco Company, has partnered a top Chinese government-owned tobacco company in a move that will see local cigarettes being sold on the global marke...

By Staff reporter | Published: 06 December 2018


Mnangagwa dumps Chinese contractor

GOVERNMENT has abandoned talks with Chinese contractor Anhui Foreign Economic Construction Group Limited (AFECC) for the dualisation of the Beitbridge-Harare-Chirundu Highway, opting for local financi...

By Staff reporter | Published: 30 November 2018


Zimbabwe may lose out on Chinese funds

China, a comprehensive strategic partner of Zimbabwe, feels its debt stricken ally has moved slowly towards seizing funding opportunities Beijing pledged at this year's Forum for China-Africa Co-opera...

By Business Weekly | Published: 30 November 2018


Cassava modeled around giant Chinese company Tencent

The vision behind Cassava Smartech is to create a technology company similar to China's Tencent, according to Cassava Group CEO, Mr Darlington Mandivenga.Tencent, one of the largest companies in the w...

By Staff reporter | Published: 21 November 2018


Mnangagwa banks on Chinese bailout

Harare City Council says it is yet to receive the remainder of a loan to upgrade its water infrastructure from a Chinese bank, seven years after the deal was struck.Mayor Herbert Gomba said contrary t...

By Staff reporter | Published: 30 September 2018


Chinese firm seeks to build new Victoria Falls Bridge

Chinese construction giant, China Communications Construction Company (CCCC) has submitted a proposal to Government for the construction of a new state-of-the-art bridge in the resort town of Victoria...

By Staff reporter | Published: 11 September 2018


Blow to Mnangagwa, $2bn Chinese bid flops

President Emmerson Mnangagwa's quest for a critical US$2 billion bailout package from China in a desperate bid to ease the country's crippling liquidity crisis has hit a brick wall although the Chines...

By Staff reporter | Published: 07 September 2018


Mnangagwa seeks to revive Chinese mega deals

PRESIDENT Emmerson Mnangagwa says he will pursue mega deals with China during his visit to the Asian country.The southern African nation, still battling to shake off a hangover from a decade-long rece...

By Staff reporter | Published: 06 September 2018


Chinese firm begins lime production

CHINESE firm, Ming Chang Sino-Africa Mining Investments has started lime production at its $4 million state-of-the-art plant in Bubi District, Matabeleland North Province.Ming Chang plant manager Mr X...

By Staff reporter | Published: 22 July 2018


Chinese firms tighten grip on energy sector

INCREASINGLY, Chinese companies are eyeing Zimbabwe's opportunity-packed energy sector with great interest, and those that have been able to get tenders have remarkably excelled.In 2015, for instance,...

By Staff reporter | Published: 20 July 2018


Zim engages Chinese firm over highway road

Government is engaging a new contractor from China, Anhui Foreign Economic Construction Group Limited (AFECC), for the dualisation of the Harare-Beitbridge and Harare-Chirundu highways after it withdr...

By Staff reporter | Published: 09 July 2018


Govt, Chinese investor renegotiate Kamativi deal

GOVERNMENT and Chinese investor Beijing Pinchang, who had earlier expressed interest in reviving Kamativi Tin Mine, are engaged in discussions on whether to renegotiate the deal or terminate it. In an...

By Staff reporter | Published: 03 July 2018


Chinese eye $3bn Zimbabwe highway tender

CHINESE firm Anhui Foreign Economic Construction (Group) Co Limited (AFECC) could clinch the $3 billion contract to resurface the long-awaited Beitbridge-Harare-Chirundu Highway, NewsDay reported.Top ...

By Staff reporter | Published: 02 July 2018


Chinese firm loses Zim diamonds court battle

Chinese firm Anjin Investments (Private) Limited (Anjin) has lost a Constitutional Court application in which it sought the nullification of a 2016 government directive expelling it from the diamond-r...

By Staff reporter | Published: 30 June 2018


Chinese company, NUST sign solar deal

THE National University of Science and Technology (NUST) has signed a memorandum of agreement (MoA) with Chinese company, Satewave Technologies, for the establishment of a solar photovoltaic farm proj...

By Staff reporter | Published: 28 June 2018


Court orders miner off Chinese claims

THE High Court has ordered a local mining company, Blue Day Mine, to stop illegal mining activities at the Chinese-owned Bel-ore Mine claims in Inyathi, Matabeleland North province. The order came aft...

By Staff reporter | Published: 19 June 2018


Trump puts 25% tariff on $50bn Chinese goods

US President Donald Trump has imposed 25% tariffs on $50bn worth of Chinese goods, accusing Beijing of intellectual copyright theft.Tariffs that affect more than 800 products worth $34bn in annual tra...

By BBC | Published: 15 June 2018


Zim relaxes visa terms for Chinese tourists

All Chinese nationals visiting the country will now be required to obtain visas at ports of entry with effect from next month after Government reviewed the country's visa regime to boost the tourism i...

By Staff reporter | Published: 13 June 2018


60-member Chinese delegation jets in

A DELEGATION of 60 Chinese Government and private business organisations arrived in Harare yesterday to scout for business opportunities as China positions itself for massive investment in Zimbabwe un...

By Staff reporter | Published: 11 June 2018


'Cheap Chinese imports killing Zimbabwe industry'

THE Democratic Opposition Party (DOP), one of the several opposition parties contesting the July 30 harmonised elections, has blamed company closures and resultant high unemployment on the importation...

By Staff reporter | Published: 08 June 2018


Zim gets $1bn Chinese loan

Zimbabwe has concluded a $1.4bn agreement with the Export-Import Bank of China (Exim Bank) to expand power generation and help alleviate the country's perennial electricity shortages.According to a s...

By Staff reporter | Published: 04 June 2018


'Adopting Chinese currency makes sense,' says RBZ

The adoption of renmimbi/yuan as a reserve currency, will help the country repay loans and grants from China, the Reserve Bank of Zimbabwe has said.Zimbabwe and China have strong bilateral relations, ...

By Staff reporter | Published: 30 May 2018

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