BUSINESS NEWS

Zimbabwean contractors to get mega projects

The Zimbabwean government is mulling to prioritise local construction firms on mega projects as a way of preserving scarce foreign currency.The southern African country is facing an acute shortage of ...

By Business Live | Published: 01 December 2018

BUSINESS NEWS

AfDB flagship report buttresses TSP ideals

THE African Development Bank (AfDB) has launched a flagship economic report on Zimbabwe, which aims to support renewal and transformation of the country. The regional bank said the report, which is ti...

By Staff reporter | Published: 20 November 2018

BUSINESS NEWS

Zimbabwe still awaits mega deals

LOCALLY, thousands have called him a hero for toppling the only leader Zimbabwe has known for almost four decades.Abroad, investors are, for the first time in decades, considering Zimbabwe as an inves...

By Staff reporter | Published: 30 September 2018

POLITICS

Mnangagwa signs 3 more 'mega' deals with China

President Mnangagwa on Wednesday met with his Chinese counterpart President Xi Jinping after the conclusion of the 2018 Beijing Summit of the Forum on China-Africa Cooperation (FOCAC) and the two lead...

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

Zimbabwe firms cut $3m deals in DRC

Zimbabwean Resources companies have cut deals worth $3 million plus with DRC corporations after participating at a mining exhibition in the central African country. The firms are working with large mi...

By Staff reporter | Published: 12 July 2018

BUSINESS NEWS

Investors scale up Zimbabwe deals

A $12 million snack-making plant went live a fortnight ago, unlocking 400 job opportunities in Zimbabwe, where unemployment is over 90 percent and growth prospects had until now been scuttled by firm ...

By Staff reporter | Published: 22 June 2018

POLITICS

Mnangagwa's 'shady deals' exposed

United Democratic Alliance (UDA) presidential candidate, Daniel Shumba yesterday claimed that Zanu-PF removed him from Parliament as part of a plot by President Emmerson Mnangagwa to silence him from ...

By Staff reporter | Published: 21 June 2018

BUSINESS NEWS

Ex-NSSA boss in court over $78m housing deals

NATIONAL Social Security Authority (NSSA) former top official, Tirivavi James Chiuta, appeared at the Harare Magistrates' Court yesterday facing charges of criminal abuse of office after he allegedly ...

By Staff reporter | Published: 06 June 2018

TRANSPORT & TOURISM

NRZ sets record straight on deals

THE National Railways of Zimbabwe (NRZ) has deployed all the leased equipment under its interim agreement with the Diaspora Infrastructure Development Group (DIDG)/Transnet consortium while it awaits ...

By Staff reporter | Published: 31 May 2018

BUSINESS NEWS

Investment deals bear fruit

Most of the $15 billion investment commitments to Zimbabwe, the bulk of which are in the mining sector, are progressively coming to fruition, with the $4,2 billion platinum project bankrolled by Cypru...

By Staff reporter | Published: 28 May 2018

BUSINESS NEWS

Zim companies clinch $500k deals at Zambia fair

ZIMBABWEAN companies clinched deals worth over $500 000 at the Agritech Expo held in Chisamba, Zambia recently, the country's trade promotion body, ZimTrade has said.Agritech is an international agric...

By Staff reporter | Published: 10 May 2018

POLITICS

Red flags over Mnangagwa deals

THE Southern and Eastern African Trade Information and Negotiations Institute (Seatini) has raised a red flag over deals the government signed in the past four months, saying they were characterised b...

By Staff reporter | Published: 09 May 2018

MINING & RETAIL

Zimbabwe sweetens mining deals

President Emmerson Mnangagwa's government is offering a number of incentives to international investors who want to invest in the country's mining sector as a way of jump-starting the nation's struggl...

By Staff reporter | Published: 04 May 2018

POLITICS

'Where are govt's $11 billion deals'

THE Zimbabwe Congress of Trade Unions (ZCTU) has questioned President Emmerson Mnangagwa's assertion that his government has secured US$11 billion investment for the country, saying nothing much has c...

By Staff reporter | Published: 04 May 2018

BUSINESS NEWS

SA team's absence deals ZITF blow

THE South African government's Department of Trade and Industry (dti) is not exhibiting at this year's edition of the Zimbabwe International Trade Fair (ZITF), a major blow for the trade showcase.Sout...

By Staff reporter | Published: 26 April 2018

ZIMBABWE

Zimbabwe tightens monitoring of share deals

Zimbabwe capital markets regulatory authorities are getting tough on firms flouting listing regulations following an extension of CFI Holdings suspension from trading its shares on the local exchange ...

By Staff reporter | Published: 10 April 2018

POLITICS

Scepticism over Mnangagwa's China 'mega deals'

BEFORE the Israelites could enter the promised land of Canaan, they spent over 40 years in the wilderness, where they were assisted with "manna from heaven" when food became scarce.The story has since...

By Staff reporter | Published: 09 April 2018

BUSINESS NEWS

$520m deals sealed in China

Two Zimbabwean companies, Platinum Agriculture and Princewood Enterprises have sealed three deals to the tune of US$520 million for the procurement of mining, irrigation and other agriculture equipmen...

By Staff reporter | Published: 02 April 2018

MINING & RETAIL

Zimbabwe mining deals must be scrutinised

THE US$4,2 billion platinum investment deal between government and Cyprus-based company Karo Resources, although positive at face value, needs to be scrutinised to ensure transparency and avoid corrup...

By Staff reporter | Published: 29 March 2018

POLITICS

Police probe Grace Mugabe ivory deals

Police are investigating former First Lady Mrs Grace Mugabe for allegedly smuggling ivory worth millions of dollars to underground foreign markets.Parks and Wildlife Management Authority investigators...

By Staff reporter | Published: 25 March 2018

BUSINESS NEWS

Failure to repay loans derail Zim mega deals

ZIMBABWEAN government's red tape and failure to adhere to loans repayments is impacting negatively on some of the "mega deals" signed in key economic areas between Zimbabwe and China.Zimbabwe Independ...

By Staff reporter | Published: 16 March 2018

MINING & RETAIL

Hwange's 25-year coal supply deals stall

HWANGE Colliery Company Limited (HCCL) is yet to reach financial closure on two 25-year coal supply agreements it signed last year with the Zimbabwe Power Company and the Pan-African Energy Resources....

By Staff reporter | Published: 14 March 2018

POLITICS

4 ex-ministers face probe over Chivayo deals

FOUR former Energy ministers, who served under ex-President Robert Mugabe between 2013 and 2017 are being investigated for allegedly turning the Zimbabwe Power Company (ZPC) into their feeding trough,...

By Staff reporter | Published: 13 March 2018

POLITICS

Tempers flare over 'secretive' Arda deals

TEMPERS flared in Parliament yesterday as Agricultural and Rural Development Authority (Arda) board chairperson Basil Nyabadza pointed fingers at the chairperson of the Parliamentary Portfolio Committ...

By Staff reporter | Published: 27 February 2018
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