BUSINESS NEWS

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

POLITICS

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

BUSINESS NEWS

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

MINING & RETAIL

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

INDUSTRIALS & ENERGY

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

BUSINESS NEWS

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

MINING & RETAIL

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

BUSINESS NEWS

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

MINING & RETAIL

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

BUSINESS NEWS

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

BUSINESS NEWS

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

AMERICAS

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

POLITICS

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

BUSINESS NEWS

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

BUSINESS NEWS

'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

INDUSTRIALS & ENERGY

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

BUSINESS NEWS

'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

BUSINESS NEWS

'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

TELECOMS & TECHNOLOGY

Chinese bank loan to NetOne to upgrade rural 4G

Zimbabwe's state-owned mobile operator NetOne is to expand its network in rural areas with the help of a $71 million loan from China.The company, which is a subsidiary of fixed-line incumbent TelOne, ...

By Staff reporter | Published: 29 May 2018

BUSINESS NEWS

Chinese commercial bank for Norton

Norton town will benefit from the first ever Chinese commercial bank to be constructed by a Chinese investment company.With President Emmerson Mnangagwa's re-engagement process to attract investors be...

By Staff reporter | Published: 26 May 2018

Zim's warrant of arrest haunts Chinese tycoon

Chinese national Yat Hoi Ning, who is accused of ripping off a mining company listed in London of US$2,76 million, has scored a lucrative deal from the South African government.In September last year,...

By Staff reporter | Published: 25 May 2018

BUSINESS NEWS

Mnangagwa bows to Chinese pressure

THE Zimbabwean government has bowed to Chinese pressure and will restore Anjin Investment's operating licence after finalisation of the new diamond policy, nearly three years after the entity was stop...

By Staff reporter | Published: 24 May 2018

BUSINESS NEWS

100 Chinese firms to visit Zimbabwe

A HIGH-powered delegation from China, which includes representatives of more than 100 big Chinese companies, will be in the country next month to explore business and investment opportunities, an offi...

By Staff reporter | Published: 24 May 2018

BUSINESS NEWS

Zim's warrant of arrest haunts Chinese tycoon

Chinese national Yat Hoi Ning who is accused of ripping off a mining company listed in London US$2.76 million, has scored a lucrative deal from the South African government. But it could prove deeply ...

By Staff reporter | Published: 23 May 2018

INDUSTRIALS & ENERGY

Chinese, US firms in joint bid for Batoka

GLOBAL electrical engineering giants, China Power and United States incorporated General Electric (GE), have launched a joint bid for a contract to construct the 2 400-megawatt Batoka Gorge hydropower...

By Staff reporter | Published: 14 May 2018
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