Zimbabwe to float infrastructure bond

Government will float an infrastructure bond and turn to private-public partnership (PPPs) to raise funding amid revelation that at least US$14bn is required to rehabilitate Zimbabwe's infrastructure....

By Staff reporter | Published: 02 May 2019


Zimbabwe seeks funds to improve power infrastructure

Zimbabwe requires $1,2 billion to finance new power projects and repair ageing infrastructure, a report by the African Development Bank (AfDB) has shown.Several of the country's thermal power stations...

By Staff reporter | Published: 02 December 2018


Masimba foretells infrastructure boom, strong earnings

Masimba Holdings, a Zimbabwe Stock Exchange-listed contracting company, expects Zimbabwe's infrastructure sector to recover strongly in the outlook and drive its contracting business.CEO Canada Malung...

By Staff reporter | Published: 17 September 2018


Delta invests $3m into Bulawayo infrastructure projects

BEVERAGES maker, Delta Corporation, has invested close to $3 million in effluent and road upgrade projects in Bulawayo since 2016 as part of its community development initiatives. As one of the signif...

By Staff reporter | Published: 13 September 2018


Infrastructure financing key for Zim's economy

Infrastructure is the backbone of economies throughout the universe. An efficient and well-maintained infrastructure is critical in sustaining an economy.Infrastructure is considered a key component o...

By Dephine Mazambani | Published: 19 July 2018


Zesa declares war on infrastructure vandalism

POWER utility company Zesa has embarked on a door to door inspection to check residents who are tampering and by-passing electricity pre-paid meters.The company said it was worried over the rising num...

By Staff reporter | Published: 08 July 2018


Infrastructure stock rising due to Treasury Bills

Treasury Bills (TBs) have mostly been channelled towards infrastructure development and Government had managed to keep its borrowing under manageable levels, Finance and Economic Planning Minister Pat...

By Staff reporter | Published: 24 June 2018


$8 billion for water infrastructure

Zimbabwe requires about US$8 billion to construct 37 major water infrastructure facilities, including dams and water purification structures to meet the increasing demands of the growing urban populat...

By Staff reporter | Published: 10 June 2018


Delta unveils $160k in infrastructure

DELTA Corporation has availed $160 000 towards infrastructure development in four schools in the southern region of the country as part of its corporate social responsibility.Corporate executive manag...

By Staff reporter | Published: 07 June 2018


India to fund Zim's energy infrastructure projects

INDIA has pledged its commitment to financing Zimbabwe's energy infrastructure rehabilitation projects, which will see the country accessing millions of dollars from the Asian partner for power genera...

By Staff reporter | Published: 29 May 2018


Boost for Zimbabwe infrastructure

Zimbabwe has received a massive infrastructure boost after the country last week became the nineteenth member state of the Africa Finance Corporation (AFC) - the continent's leading infrastructure dev...

By Staff reporter | Published: 28 May 2018


China disburses $71m for ICT infrastructure development

Information Communication Technology and Cyber Security minister Supa Mandiwanzira has revealed that China has injected over $70 million towards development of the country's information, communication...

By Staff reporter | Published: 18 May 2018


Private sector urged to invest in infrastructure

The private sector should double its spending on infrastructure to overcome an investment gap given the government's decreasing ability to directly finance infrastructure, an official has said.Giving ...

By Staff reporter | Published: 25 April 2018


'Councils have 40-year infrastructure gap'

LOCAL authorities have an infrastructure development gap of 40 years and require quick interventions to stimulate growth and improved service delivery, the Urban Councils' Association of Zimbabwe (UCA...

By Staff reporter | Published: 24 April 2018


'Africa faces $170bn infrastructure'

THE African Development Bank (AfDB) says the continent needs $170 billion to cover the infrastructure investment gap, calling for urgent measures to match Africa's growing population and youth unemplo...

By Staff reporter | Published: 12 March 2018


Zim needs $1,5bn annually for infrastructure

Finance and Economic Planning Minister Patrick Chinamasa, has said Zimbabwe requires around $1,5 billion annually for infrastructure to kick start economic growth.This comes as the Government moves to...

By Staff reporter | Published: 06 February 2018


Poor infrastructure hinders Zimbabwe growth

POOR infrastructure continues to be a serious impediment to inclusive growth in African economies, the African Development Bank (AfDB) has said.AfDB said this in its 2018 edition of the African Econom...

By Staff reporter | Published: 30 January 2018


'Zim requires $26bn infrastructure support'

ZIMBABWE requires at least US$26 billion over a period of 10 years to address a gap in infrastructural development and become competitive for investment, the Infrastructure Development Bank of Zimbabw...

By Staff reporter | Published: 12 January 2018


Chinamamsa sets aside $139m for infrastructure

GOVERNMENT has set aside a cumulative budget of $139 million for rail, road and air projects to improve and rehabilitate the country's transport network infrastructure to enhance their efficiency.The ...

By Staff reporter | Published: 12 December 2017


Zim quality infrastructure policy on the cards

The government is in the process of formulating a national quality infrastructure (NQI) policy to enable the country to participate better in regional and international trade, an official has said.Off...

By Staff reporter | Published: 15 October 2017


Old Mutual to continue infrastructure investments

OLD Mutual says it will scale up investments in infrastructure development across the country as part of it's investment policy.Group chief executive officer Jonasi Mushosho said this during the commi...

By Staff reporter | Published: 29 August 2017


Harare to spend big on infrastructure projects

The Harare City Council (HCC) on  Wednesday invited public input into its intention to issue a $100  million bond to finance several infrastructure development projects in the capital.Last m...

By Staff reporter | Published: 23 August 2017


Mandiwanzira imposes infrastructure sharing

INFORMATION Communication Technology minister Supa Mandiwanzira has banned mobile network operators from individually constructing new base station towers, arguing the move has not only been outlawed,...

By Staff reporter | Published: 16 August 2017


$200m Zimbabwe infrastructure fund unveiled

Johannesburg Stock Exchange listed Ecsponent Limited's controlling shareholder and Brainworks Capital founder George Manyere has unveiled a $200 million investment fund targeting key infrastructure pr...

By Staff reporter | Published: 25 July 2017


Econet ready to share infrastructure

MOBILE phone operator Econet says it is ready to share infrastructure with other operators but only if all players contribute equally.Speaking at the four day Institute of Chartered Accountants of Zi...

By Staff reporter | Published: 24 July 2017

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