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Stories

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Zimbabwe Environment Minister says there is overfishing in the Kariba, but they are working on reducing it
Posted inStories

Zimbabwe Environment Minister says there is overfishing in the Kariba, but they are working on reducing it

Zimbabwe’s Environment and Tourism Minister Nqobizitha Ndlovu told Parliament yesterday that there was overfishing in the Kariba but this was difficult to control because the dam was shared by two…
Posted by Charles Rukuni March 2, 2023
Something fishy about Zimbabwe’s proposed US$1.75 billion Lithium mining deal
Posted inStories

Something fishy about Zimbabwe’s proposed US$1.75 billion Lithium mining deal

China National Resources (CHRM), an exploration company listed on the NASDAQ stock exchange, has announced that it could pay up to US$1.75 billion for a lithium operation in Zimbabwe. In…
Posted by Charles Rukuni March 2, 2023
Hwange unit 7 to come on stream on 16 March, three other units down, producing only 77 MW instead of 440
Posted inStories

Hwange unit 7 to come on stream on 16 March, three other units down, producing only 77 MW instead of 440

Hwange Power Station’s Unit 7,  which is expected to produce 300 megawatts, will come on stream on 16 March, Energy Minister Zhemu Soda told Parliament today. The country is, however,…
Posted by Charles Rukuni March 1, 2023
European Union extends sanctions on Zimbabwe by a year
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European Union extends sanctions on Zimbabwe by a year

The European Union yesterday extended its sanctions on Zimbabwe by a year saying that it will continue to closely follow developments in the country with a particular attention to the…
Posted by Charles Rukuni March 1, 2023
Chinotimba says MPs are sleeping in cars because hotels are demanding cash upfront
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Chinotimba says MPs are sleeping in cars because hotels are demanding cash upfront

Buhera South legislator Joseph Chinotimba yesterday complained that some Members of Parliament were on Monday forced to sleep in their cars because they could not find accommodation as some hotels…
Posted by Charles Rukuni March 1, 2023
Nigerian Billionaire Aliko Dankote’s US$640 million dividend higher than yearly government spending of  5 African countries
Posted inStories

Nigerian Billionaire Aliko Dankote’s US$640 million dividend higher than yearly government spending of  5 African countries

Dangote Cement, the leading cement producer in Africa, boasts a total production capacity of 51.55 million tonnes of cement per year spread across 10 countries. Majority-owned by Aliko Dangote, the…
Posted by Charles Rukuni March 1, 2023
57 SMEs put out of business following CSC-Boustead Beef power cut
Posted inStories

57 SMEs put out of business following CSC-Boustead Beef power cut

More than 50 small and medium enterprises that are renting space from the old premises of the Cold Storage Company were put out of business from last week when the…
Posted by Charles Rukuni March 1, 2023
Zimbabwe dollar inches closer to $900 to the US dollar
Posted inStories

Zimbabwe dollar inches closer to $900 to the US dollar

The Zimbabwe dollar today eased by $10.88 to average $892.6349 against the United States, slightly closing the gap with the black market rate which remained stagnant at $1 000 to…
Posted by Charles Rukuni February 28, 2023
Thought fuel was expensive in Zimbabwe? Just take a look
Posted inStories

Thought fuel was expensive in Zimbabwe? Just take a look

Thought fuel in Zimbabwe was expensive? Yes, it is if you compare with Libya where it sells for less than one South African rand a litre. No, if you compare…
Posted by Charles Rukuni February 28, 2023
China’s Sinomine almost doubles Lithium output at Zimbabwe’s Bikita Minerals
Posted inStories

China’s Sinomine almost doubles Lithium output at Zimbabwe’s Bikita Minerals

Bikita Minerals says it has almost doubled its petalite output since Sinomine took over the country’s oldest lithium mine in a US$180 million deal last year. The company has also…
Posted by Charles Rukuni February 27, 2023

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