THE police have received praise for allowing the MDC Alliance demonstration to go ahead yesterday and blocking Zanu-PF's.This has been hailed as a sign that the police are free from political influenc...
By Staff reporter | Published: 06 June 2018
The Reserve Bank of Zimbabwe (RBZ) says the adoption of the South African Rand as the official transacting currency for Zimbabwe is not necessary as it will lead to speculative tendencies, fuel inflat...
By Staff reporter | Published: 03 August 2017
INDUSTRY and Commerce Minister, Dr Mike Bimha said "too much publicity" frustrated the $750 million Zisco/Essar Global deal.The Government in 2011 sealed the mega-deal with Essar Global, an Indian co...
By Staff reporter | Published: 24 July 2017
Zimbabwe plans to cancel independent power producers (IPPs) licences -with a capacity to generate 5 000 megawatts (MW) - including Essar Africa (Essar)'s.Gloria Magombo, the Zimbabwe Energy Regulatory...
By Staff reporter | Published: 07 June 2015
ESSAR Africa Holdings has begun operations at Zisco and is engaging creditors to work on a repayment plan while it waits for the construction of a new iron and steel plant in 24 months, Industry and C...
By Staff reporter | Published: 04 July 2014
Essar Holdings has agreed to immediately inject money into Lancashire Steel and production is expected within the next six months, deputy Minister of Industry and Commerce Chiratidzo Mabuwa has said.L...
By Staff reporter | Published: 24 June 2014
Essar Holdings has agreed to immediately inject money into Lancashire Steel and production is expected within the next six months, deputy Minister of Industry and Commerce Chiratidzo Mabuwa has said.L...
By Staff reporter | Published: 17 June 2014
INDIAN conglomerate Essar Holdings has started negotiations with holders of Hwange coal concessions with a view to establishing joint ventures to extract the mineral to power its planned 600-megawatt...
By Staff reporter | Published: 26 May 2014
NewZim Steel (formerly Ziscosteel) is set to lose equipment worth millions of dollars at an auction to cover a debt accrued in a coal supply deal with Hwange Colliery Company. The auction will take pl...
By Staff reporter | Published: 11 March 2014
GOVERNMENT says it has fulfilled outstanding obligations that have been stalling the revival of Zisco and awaits new majority shareholder Essar Africa to meet its end of the bargain.Industry and Comme...
By Business Reporter | Published: 20 December 2013
THE Indigensation and Economic Empowerment Act must be amended to give it compliance enforcement power to deal with foreigners who are reluctant to comply with the law, Parliamentarians heard. Secreta...
By Staff reporter | Published: 26 November 2013
India-based Essar Holdings (Essar)'s top management is in the country to conclude the $750 million deal aimed at reviving NewZim Steel, Industry minister Mike Bimha has said."Senior partners in Essar ...
By Staff reporter | Published: 31 October 2013
INDIAN diversified group, Essar Holdings, may have found a breakthrough to its stalemate with the Zimbabwean government over the resuscitation of New Zim Steel, a Zimbabwean steel producing project it...
By Staff reporter | Published: 29 October 2013
ACQUISITION of controlling shareholding in Ziscosteel by Mauritius based Essar Holdings will be expedited now that President Mugabe has appointed Cabinet, newly appointed Industry and Commerce Minist...
By Staff reporter | Published: 12 September 2013
Essar Africa Holdings Ltd has entered into "definitive" agreements with the Zimbabwean government to revive the old Ziscosteel plant and develop an iron ore beneficiation plant in the country, busines...
By Staff reporter | Published: 06 September 2013
1. Bank reforms - these should emphasize the issues of cooperate governance and compliance.In addition this also includes putting in place a Reserve Bank governance structure that ensures effective ov...
By Business reporter | Published: 11 August 2013
INDUSTRY and Commerce minister Welshman Ncube says government's steel production partnership with Essar Africa Holdings (Essar) will not be affected by a change in government ahead of general election...
By Staff reporter | Published: 16 July 2013
Concern over Masvingo black market 
Kenya declares three days of mourning for Mugabe 
UK's Boris Johnson quits over Brexit stretegy 
SecZim licences VFEX 
Zimbabwe abandons debt relief initiative 
European Investment Bank warms up to Zimbabwe 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
