BUSINESS NEWS

Mnangagwa's govt commends Chinese tiles firm

Government has commended the work done by a Chinese-owned tiles manufacturing company, Sunny Yi Feng based in Norton, which has already started exporting some of its products. The company began produc...

By Staff reporter | Published: 04 July 2019

POLITICS

Mnangagwa stops eviction of 20 000 villagers by Chinese miner

PRESIDENT Emmerson Mnangagwa has ordered a Chinese company to stop its planned quarry mining activities in Domboshava, following an outcry by over 20 000 villagers who had already been ordered to vaca...

By Staff reporter | Published: 01 May 2019

BUSINESS NEWS

Chinese firm unveils medical sanitary ware at ZITF

New Chinese sanitary pads and pant liners with medical effects capable of cleaning fallopian tubes and balance female sex hormones for women to conceive, have taken the ongoing Zimbabwe International ...

By Staff reporter | Published: 25 April 2019

FINANCIAL SERVICES

Steward Bank partners Chinese card firm UPI for financial card services

STEWARD Bank has partnered Chinese financial services firm, UnionPay International (UPI), to provide payment services for Zimbabweans travelling between the southern African country and Beijing."Basic...

By Staff reporter | Published: 25 April 2019

BUSINESS NEWS

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

BUSINESS NEWS

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

BUSINESS NEWS

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

INDUSTRIALS & ENERGY

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

BUSINESS NEWS

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

BUSINESS NEWS

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

INDUSTRIALS & ENERGY

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

POLITICS

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

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
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