The Insider

Zimbabwe’s manufacturing sector is seen falling to 30 percent of capacity by the end of the year on the back of continued challenges that have forced most companies to either downsize operations or completely closing shop, an official has said.

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Zimbabwe’s electricity generation has fallen to 801 megawatts (MW), less than half of peak demand, after a systems disturbance shut down Hwange Thermal Power and maintenance works at other plants with power outages likely to worsen, the company Zimbabwe Power Company (ZPC) has said.

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The Permanent Secretary for Transport Munesuishe Munodawafa yesterday appeared in court on corruption charges involving Air Zimbabwe but was not asked to plead. He is being accused of ordering Air…

The International Monetary Fund has lowered Zimbabwe’s Gross Domestic Product (GDP)’s projected growth to 2.8 percent this year and 2.7 next year on continued economic pressures.

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Telecel Zimbabwe, the country’s third largest mobile operator, has vowed to fight the decision by the Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) to cancel its licence with effect from yesterday.

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The elimination of tariffs within the Southern African Development Community (SADC) has failed to spur intra-regional trade economic development, President Robert Mugabe said today, adding the bloc needs a long-term industrialization strategy anchored on value addition of unprocessed goods to reduce poverty.

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The Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) has cancelled the operating licence of Telecel Zimbabwe with effect from 28 April 2015.

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Kwekwe and Gokwe councils are mulling bio gas projects from waste material to mitigate crippling power cuts, with some companies already showing interest in the project, an official said on Monday.

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