ZIMBABWE PRESIDENT ACKNOWLEDGE THAT LOCAL FIRM SAVE NATION BILLIONS

Posted on 12 November 2020 by Gambeta News

President Mnangangwa has acknowledge that hiring local construction firm has save the nation billions. He made the statement while commissioning the Marovanyati Dam. According to him, US$1.3 billion on the ongoing construction of the Harare-Beitbridge Road has been saved due to local construction firm undertaking the project. Quoting President Mnangangwa, “We are constructing roads, in the past we used to think that we couldn’t do it on our own. We used to seek foreigners, but…

CALEDONIA MINING CORPORATION DEEPENS COMMITMENT TO ZIMBABWE

Posted on 9 October 2020 by Gambeta News

Despite the currency crisis and input shortages in Zimbabwe, Caledonia Mining Corporation is signing an MOU agreement to further deepen their investment in the country. In May, Caledonia said it could use some of the extra cash to acquire small brownfield operations in Zimbabwe, as part of a growth strategy beyond the shaft deepening project. President tweeted; I was delighted to officiate today at the formal signing of the partnership between the Government of Zimbabwe and…

ZIMBABWE GOVT. CONSIDERING HOUSING SCHEME FOR SELF-EMPLOYED INDIVIDUALS

Posted on 1 October 2020 by Gambeta News

In a bid to help the housing industry in the nation, Zimbabwe government is looking at the possibility of having a housing program for self-employed individuals. The program will see those individuals that can repay those loans be part of the scheme. Speaking during a legislative meeting at the nation’s National Assembly, Information, Publicity and Broadcasting Services Minister Monica Mutsvangwa said they are making plans for a traditional mortgage financing that is tailor-made for those in…

CALLS FOR ILLEGAL BRICK MAKERS TO BE EMBRACE INTENSIFIED IN ZIMBABWE

Posted on 21 September 2020 by Gambeta News

Residents of Hwange community in Zimbabwe has urge Hwange Local Board (HLB) to embrace the illegal brick makers in the community. For over a decade, the illegal brick makers had been disturbing HLB, but in the past few months it has escalated because of economic hardship and the loss of jobs caused by Covid-19. This disturbance has seen HLB security involved in running battles with hordes of brick moulders in Empumalanga, Don Bosco and Truck…

BULAWAYO COUNCIL CUT WATER SUPPLY FOR SUBURBS IN ZIMBABWE

Posted on 1 September 2020 by Gambeta News

Bulawayo City Council has decided to cut water supply to all residential suburbs according to Town Clerk Christopher Dube The unprecedented move will likely poised a serious health challenge caught most residents by surprise. Speaking to the media, Dube said the local authority had been forced to cut supplies for the whole city save for the central business district (CBD), industries and mines due to raw water pumping challenges. Quoting Dube, “The City of Bulawayo…

ZIMBABWE TREASURY SAYS GOVT. HAS SPENT US$6B ON INFRASTRUCTURE

Posted on 26 August 202028 August 2020 by Gambeta News

Zimbabwe Treasury say the nation has spent US$6 billion on infrastructure development, as at the end of last month, from the US$25 billion that is being mobilised for investments across various capital formation projects and economic enablers. As we all know, infrastructure is important for faster economic growth and alleviation of poverty in the country. Such infrastructure in the form of road and railway transport systems, power, airports and their efficient functioning is also critical for…

ZIMBABWE’s CHINHOYI JSC SET FOR COMPLETION AFTER 20YEARS IN CONSTRUCTION

Posted on 17 August 2020 by Gambeta News

The construction of Chinhoyi’s Judicial Services Commission (JSC) building which began 20years ago is now set for completion. The project was awarded to a Chinese firm with the Public Works Ministry assigned to help the company complete the project. But it was reported that lack of fund was the major factor that hinder the project. Local media visited the site and discovered that workmen were busy plastering, glazing and flooring in readiness for the building’s…

CHITUNGWIZA COUNCIL HALT ILLEGAL CONSTRUCTION IN ZIMBABWE

Posted on 30 July 2020 by Gambeta News

Chitungwiza Town Council has ordered the construction of an industrial structure which is been undertaken by MDC vice-chairperson, Job Sikhala to be put on hold. According to the letter addressed to Sikhala by Chitungwiza acting town clerk, Tonderai Kasu says the legislator is contravening the Regional, Town and City Planning Act. The statement reads, “It appears to the Chitungwiza Municipality that development is being carried out in contravention of the Regional, Town and City Planning…

PEMBI BRIDGE COMMISSIONING TO BOOST ROAD TRANSPORT IN ZIMBABWE

Posted on 17 July 202017 July 2020 by Gambeta News

The commissioning of Pembi bridge is set to boost the road transport system in Zimbabwe. The US$1.8 million Pembi Bridge will replace the old low lying single-carriage bridge constructed around 1974 that was making road transport very difficult and effectively unfriendly to investment. Speaking during the commissioning, Vice President Kembo Mohadi, said completion of this bridge is a notable impact on the accessibility of this area and enhance the safety of road users. According to…

ZIMBABWE’S HEALTH MINISTER ARRESTED FOR EXPLOITING THE COVID-19 PANDEMIC

Posted on 20 June 202020 June 2020 by Gambeta News

As the world shut its borders and cities to curb the pandemic, politicians came into the market square to loot funds meant for palliative and medical supplies. Reports coming out of Zimbabwe, suggest that the Health Minister Obadiah Moyo has been apprehended by police officers on suspicion of his involvement in a US$60 million corruption scandal meant for the procurement of medical supplies. You will recall that Zimbabwe is currently facing challenges with a currency…

GOVERNMENT RESTRICTION HURTING FOREIGN DIRECT INVESTMENT IN ZIMBABWE

Posted on 12 June 202012 June 2020 by Gambeta News

New government restriction by the Zimbabwe central bank limits the amount of money transactions that citizens can make in a day. Zimswitch Instant Payment Interchange Technology (ZIPIT) system was recently ordered by the central bank to implement daily and monthly limits of Z$20,000 (US$800) and Z$100,00 (US$4,000), respectively. ZIPIT is a platform that enables instant inter-bank funds transfer between ZIMSWITCH member institutions. The government claims that this new restriction is aimed at curtailing illicit…

ZIMBABWE’s PARIRENYATWA HOSPITAL RENOVATION STILL NEED MANPOWER

Posted on 12 May 2020 by Gambeta News

Renovation of Parirenyatwa Hospital is making progress but still new more manpower. The hospital which is currently been used as a COVID19 treatment center needs more workers to help speed up progress and meet the target as the pandemic keeps on spreading. Speaking to the media, Defence and War Veterans Affairs Minister Oppah Muchinguri-Kashiri, who is the vice chair of the monitoring committee of the national Covid-19 taskforce, said “Parirenyatwa Hospital is key to our…

WATER TREATMENT PLANT TO UNDERGO UPGRADE IN ZIMBABWE

Posted on 5 May 2020 by Gambeta News

Plans are in motion for the upgrading of the Morton Jaffray water treatment plant in Harare, Zimbabwe. The plant was shut down on 30th April 2020 to undergo the much needed upgrade. According to Corporate and communications manager Michael Chideme, the upgrade will have the temporary shutdown from 4pm to 6pm. That this will allow for the installation of a pump at Warren Control Pump Station to match the improved water delivery capacity that is now…

ZIMBABWE GOVERNMENT BEGINS RENOVATION OF NATIONAL SPORT STADIUM

Posted on 4 March 2020 by Gambeta News

Renovation works begins at Zimbabwe National Sport Stadium after failing CAF audit process. Zimbabwe Government has started the refurbishing the National Sports Stadium in Harare. The refurbishing was deem necessary after Confederation of African Football (CAF) condemned it. During a tour by high-powered government delegate, It was discovered that the pitch and some other area did not meet the standard. The team was led by Local Government and Public Works Minister July Moyo. Meanwhile, with…

ZIMBABWE GOVT. SUBMIT PROJECT TO CHINA FOR CONSIDERATION

Posted on 13 January 2020 by Gambeta News

Zimbabwe Govt. submit six proposed project to china for consideration. Plans for six proposed project is gaining momentum in Zimbabwe. This is after the Zimbabwe government submitted project plans to China for consideration. According to reports, the six new project where submitted through a ministerial team chaired by Foreign Affairs and International Trade Minister Dr Sibusiso Moyo. This was a direct mandate from President Mnangagwa to find ways of mainstreaming the country’s economic cooperation with…

ZIMBABWE’S NEW BANKNOTE WITH WITHDRAWAL LIMIT

Posted on 12 November 201912 November 2019 by Gambeta News

Zimbabwe’s new banknote is as a result of the currency shortage in the country. The new Zimbabwe 2 and 5 dollar notes will reduce the cash shortage in the country but the limitation as regards to its withdrawal is raising worrying concern among Zimbabweans. The bank insisted that withdrawal of this notes will be restricted to $20 per week. The central bank failed to circulate the new banknotes by the close of business on Monday…

ZIMBABWE GOVT. TO ESTABLISH E-CLASSROOM IN PRIMARY SCHOOLS

Posted on 12 November 2019 by Gambeta News

Zimbabwe govt. to partner with FBC Bank for the e-classroom project. Plans are set in motion for the construction of an e-classroom for primary school in the nation. This was made public by Secretary in the Ministry of Primary and Secondary Education, Mrs Tumisang Thabela. According to Thabela, it will aim to promote a sustainable computer education programme. With the theme ““Catch them young as we strive for quality education and excellence.” Speaking to reporters,…

ZIMBABWE KICKS OFF THE USD 600 MILLION BEITBRIDGE-HARARE HIGHWAY UPGRADE

Posted on 29 October 201929 October 2019 by Gambeta News

Zimbabwe’s Beitbridge-Harare highway will be upgraded by five local contractors. The Minister for Transport and Infrastructural Development Biggie Matiza inspected the site and confirmed the presence of the contractors who are currently working on the first two phases of the project. The entire project will be divided into five segment. The first phase of the project will expand the road to the Southern Africa Development Community (SADC) standard while in the second phase the road will…

CONSTRUCTION OF 178 MEGAWATT SOLAR POWER PLANT TO KICK-OFF IN ZIMBABWE

Posted on 30 September 2019 by Gambeta News

Construction of solar power plant set to kick-off in early 2020 which will increase electricity supply in Zimbabwe. RioZim is set to kick-off construction of 178 megawatt solar plant after a chinese bank agreed to bankroll the project. The project will ameliorate the crippling power crisis buffeting the entire economy. The deal with is worth US$200 million was signed by RioZim and Chinese firm, China Gezhouba Group International Engineering Corporation (CGGC). This fund will be…

CHINA PLANS TO SUPPORT ZIMBABWE WITH FINANCIAL FUNDS

Posted on 24 September 2019 by Gambeta News

Financial support at the heart of China plans for Zimbabwe development. China is set to raise fund for Zimbabwe development. This funds which is worth US$2.1 billion will increase development aim as well as improve on the current exiting funds. In 2018 alone, Zimbabwe benefited from different grant as well as the foreign direct investment (FDI). As China is the only country that has done most for Zimbabwe through provision of grants and loans. China’s…

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