Stories

The Danish trade and development cooperation minister is set to visit Zimbabwe next week for high level meetings with government to assess progress on projects funded by the Nordic country,  the Danish Embassy has said.

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The first United Kingdom trade mission to Zimbabwe in over a decade began its visit on Tuesday, with both London and Harare committing to re-engagement after years of fraught ties.

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Revenue collections  for the third quarter of the year fell nine percent behind target after most revenue heads underperformed, Zimbabwe’s tax agency said today, warning of a flat performance in the fourth quarter as tight liquidity and poor economic fundamentals take their toll on company performances.

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Zimbabwe is expected to generate an additional 5 000 megawatts of electricity by 2020, easing its perennial power deficit on the back of new projects and the resuscitation of existing stations, President Robert Mugabe said today.

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We have been living in an illusion. For years, the world has believed that the transition from a unipolar to a multipolar order would be peaceful, orderly, and steady, with new players like China, Brazil, and Turkey adapting to the existing multilateral framework in a natural, harmonious way. How wrong we were.

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The Bulawayo City Council (BCC) has secured a $13.3 million loan facility from a local bank to rehabilitate its water systems after the government approved a request to extend its borrowing powers, an official said at the weekend.

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The government has engaged France-based Bureau Veritas to enforce import standards while it works on enacting consumer protection and standards bills, an official has said.

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The first United Kingdom trade mission to Zimbabwe in over a decade arrives in Harare tomorrow, Ambassador Catriona Laing has said, signalling a thawing of relations between the two countries.

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The state owned diamond miner, Marange Resources, owes the tax collector $3.7 million from 2010 while government has no board representation in two Chiadzwa diamond mines despite holding a significant stake in both, the latest Auditor-General’s report has shown.

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Game over for Joice Mujuru – Knives are out for Vice-President Joice Mujuru and this could spell disaster for all senior party officials that have been backing her. First Lady Grace Mugabe literally told the people of Mashonaland Central, Mujuru’s base, that her career was over because she was not only fanning factionalism but was also thoroughly corrupt.  “Ndakati ini kunaBaba baby-dumping munoiziva here? Vakati ehe,” she said referring to her husband President Robert Mugabe. “Ndakati munhu iyeye arikutungamira factionalism tirikuda kuti muite baby-dumping. Mukasamudumper isusu tichamudumper. Tichaita isu baby-dumping nekuti zvinodivider musangano.  Tonodumper mwana mustreet ogodyiwa nemagora nekuti kana takuita expose kana nhunzi chaidzo ukange wafa apo hadzidi kutombosvika padhuze newe nokuti dzinenge dzakutotya corruption iri pauri. Nhunzi chaidzo, kana imbwa chaidzo dzinenge dzakutotya kusvika padhuze.”  Though the First Lady did not mention Mai Mujuru by name, all indications were that she was referring to her because her husband Solomon Mujuru was a shareholder in River Ranch Diamond Mine. Some of Mujuru’s key supporters are alleged to be party secretary for administration Didymus Mutasa, spokesman Rugare Gumbo and chairman Simon Khaya Moyo.

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