CONSTRUCTION OF U.S.$109M KUNZVI DAM GATHERING PACE IN ZIMBABWE

CONSTRUCTION OF U.S.$109M KUNZVI DAM GATHERING PACE IN ZIMBABWE

Construction work at the Kunzvi Dam in Zimbabwe is gathering pace as the excavation of the dam foundation has reached an advanced stage. The project located at Goromonzi district, which is worth US$109 million is now 8% completion with more work still left to be done after stalling for two decades. The progress was made known after a site visit by officials from the Zimbabwe National Water Authority (Zinwa) and the Ministry of Local Government…

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ZIMBABWE GOVT. RELEASE US$1.5B FOR ROAD REHABILITATIONS

ZIMBABWE GOVT. RELEASE US$1.5B FOR ROAD REHABILITATIONS

Zimbabwe treasury department has released US $1,5 billion from this year’s National Budget for roads rehabilitation, as the Second Republic continues to ensure roads are trafficable after damages caused by heavy rains that hit most parts of the country. Information, Publicity and Broadcasting Services Minister Monica Mutsvangwa, said US$1 billion had been released towards the Emergency Road Rehabilitation Programme 2 (ERRP2), while $500 million goes to the District Development Fund (DDF) to respond to weather-related…

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RWENYA BRIDGE CONSTRUCTION BEGINS IN ZIMBABWE

RWENYA BRIDGE CONSTRUCTION BEGINS IN ZIMBABWE

Construction work at the Rwenga bridge in Zimbabwe has kick-off. The project which is  aimed at helping individual who has been suffering from access to specific area after the bridge was damaged by a cyclone in 2013. The bridge which is about 43km south of Nyamapanda Border Post is a crucial link between people of Nyanga in Manicaland and those of Nyamapanda and Mudzi in Mashonaland East. It is also one of the road that…

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WHY ZIMBABWE ROAD THE DEADLIST IN AFRICA

WHY ZIMBABWE ROAD THE DEADLIST IN AFRICA

Zimbabwe roads has been viewed as the deadlist in Africa according to a Road Safety Performance Review report. The report was made in partnership with the Executive Secretary of the United Nations Economic Commission for Africa (ECA), Vera Songwe. According to Songwe, the cost of road crashes is heavy on the African economies, especially at this time when the continent is struggling to relaunch its economy amidst the effects of the Covid-19 pandemic crisis. The…

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ZIMBABWE GOVT. TO BLACK LIST SOME CONTRACTORS

ZIMBABWE GOVT. TO BLACK LIST SOME CONTRACTORS

Plans are in motion to blacklist some contracted companies performing substandard work under the ongoing Emergency Road Rehabilitation Programme (ERRP)Phase 2. This is due to the poor state of some recently completed road in the cities. The ERRP phase 2 is to catch up on years of poor maintenance and in some case rebuild roads that were not built properly in the first phase. It is also aimed at harnessing the potential of the transport…

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ZIMBABWE’S MIDLANDS PROVINCE RECEIVES $37MILLION FOR ROADS REHABILITATION

ZIMBABWE’S MIDLANDS PROVINCE RECEIVES $37MILLION FOR ROADS REHABILITATION

Government has released over $37 million to Midlands Province for the rehabilitation of roads that were destroyed by heavy rains. Minister of State for Midlands Provincial Affairs and Devolution Senator Larry Mavima said the money will help rehabilitate the road network in the province, especially in rural areas where some districts were no longer accessible.   Source: The Herald

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ZIMBABWE’S FINANCE MINISTER ENTICES INTERNATIONAL INVESTORS

ZIMBABWE’S FINANCE MINISTER ENTICES INTERNATIONAL INVESTORS

Zimbabwe’s Minister of Finance and Economic Development, Prof. Mthuli Ncube publishes an article about his achievements and vision for Zimbabwe.  Zimbabwe has turned a corner.  And whilst across the world the past year has been focused on closing – from lockdowns to closed borders – Zimbabwe continues to focus on opening up its economy, democracy and media space. For many in Europe, Zimbabwe is a faraway land, tarnished by years of mismanagement and a distinct…

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WORLD’S TOP PRODUCER OF STAINLESS STEEL TO START CONSTRUCTION OF A PLANT IN ZIMBABWE

WORLD’S TOP PRODUCER OF STAINLESS STEEL TO START CONSTRUCTION OF A PLANT IN ZIMBABWE

Tsingshan Holdings Group Co., the world’s top producer of nickel and stainless steel, will start construction on an iron ore mine and a carbon steel plant in Zimbabwe in May, according to a senior government official. A fluorite and limestone production plant will also soon be set up, Information Minister Monica Mutsvangwa said in an emailed statement following a cabinet meeting. Afrochine, the local unit of Tsingshan, initially signed a $1 billion agreement in June…

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ZIMBABWE EXTENDS LOCKDOWN FOR TWO MORE WEEKS AS ECONOMY SUFFERS

ZIMBABWE EXTENDS LOCKDOWN FOR TWO MORE WEEKS AS ECONOMY SUFFERS

While other African nations like Nigeria are avoiding the economic and social menace resulting from lockdown restriction, President Emmerson Dambudzo Mnangagwa is extending the lockdown in Zimbabwe. Here is a recent tweet from the president; It is with deep sadness that I today announced that lockdown in Zimbabwe has been extended for two more weeks. I know that this will be painful for many Zimbabweans and this decision was not taken without great deliberation. But…

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ZIMBABWE’S PRESIDENT LAMENTS OVER U.S. ECONOMIC SANCTIONS

ZIMBABWE’S PRESIDENT LAMENTS OVER U.S. ECONOMIC SANCTIONS

Here is a recent tweet by President Emmerson Dambudzo Mnangagwa of Zimbabwe. “Last year, President Trump extended painful economic sanctions placed on Zimbabwe, citing concerns about Zimbabwe’s democracy. Yesterday’s events showed that the U.S. has no moral right to punish another nation under the guise of upholding democracy. These sanctions must end. I’d like to again congratulate President-elect @JoeBiden on his confirmation as the 46th President of the United States. Zimbabwe is, as it always…

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BATOKA GORGE HYDRO-ELECTRIC POWER PROJECT

BATOKA GORGE HYDRO-ELECTRIC POWER PROJECT

THE Batoka Gorge Hydro-Electric Power (BGHES) whose construction is set to begin in 2022 will be a flagship project in southern Africa in terms of international best standards, the Zambezi River Authority (ZRA) has said. Zimbabwe and Zambia are working towards constructing two power stations on either side of the Zambezi River at Batoka Gorge, which are expected to generate a combined 2 400MW at a cost of about US$5 billion but the project has…

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ZIMBABWE GOVT. TO INVEST US$140 BILLION FOR INFRASTRUCTURAL DEVELOPMENT NEXT YEAR

ZIMBABWE GOVT. TO INVEST US$140 BILLION FOR INFRASTRUCTURAL DEVELOPMENT NEXT YEAR

Zimbabwe government has announced it’s plans to invest fund into its public infrastructure next year. This plan will ensure it’s citizens can participate in Zimbabwe’s social and economic development with investment in energy, transport, water, health, housing, education, ICT and irrigation leading the pack. The investment plan is under the National Development Strategy 1, which makes the Government takes the lead in providing the infrastructure and services required by the private sector. The strategy main…

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ZIMBABWE NEW PARLIAMENT BUILDING CONSTRUCTION ON HOLD AS ENGINEERS ARE STUCK IN CHINA

ZIMBABWE NEW PARLIAMENT BUILDING CONSTRUCTION ON HOLD AS ENGINEERS ARE STUCK IN CHINA

The pandemic has really affected the global and Zimbabwe new parliament building construction is also suffering due to it. Currently, the project is on halt as Engineers handling the project are stuck in China due to the pandemic. President Mnangagwa while speaking to journalists said the Chinese experts working on the site were still stuck in China but they have now been cleared to return to Zimbabwe. Quoting President Mnangagwa, “I am sure that we would…

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ZIMBABWE PRESIDENT COMMISSION MSU INDUSTRIAL PARK

ZIMBABWE PRESIDENT COMMISSION MSU INDUSTRIAL PARK

President Mnangagwa has commissioned an industrial park established by the Midlands State University (MSU) in Gweru. The propose of the park is aimed at achieving the Second Republic’s vision of growing the economy. Meanwhile, the industrial park which is a growth of MSU’s Innovation Hub will employs over 100 people in a textiles enterprise, chemicals production and the manufacture of face masks and hand sanitisers in the wake of Covid-19, with more industries in the…

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CALEDONIA MINING CORPORATION DEEPENS COMMITMENT TO ZIMBABWE

CALEDONIA MINING CORPORATION DEEPENS COMMITMENT TO ZIMBABWE

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…

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ZIMBABWE GOVT. CONSIDERING HOUSING SCHEME FOR SELF-EMPLOYED INDIVIDUALS

ZIMBABWE GOVT. CONSIDERING HOUSING SCHEME FOR SELF-EMPLOYED INDIVIDUALS

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…

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CALLS FOR ILLEGAL BRICK MAKERS TO BE EMBRACE INTENSIFIED IN ZIMBABWE

CALLS FOR ILLEGAL BRICK MAKERS TO BE EMBRACE INTENSIFIED IN ZIMBABWE

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…

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BULAWAYO COUNCIL CUT WATER SUPPLY FOR SUBURBS IN ZIMBABWE

BULAWAYO COUNCIL CUT WATER SUPPLY FOR SUBURBS IN ZIMBABWE

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…

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

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

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…

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

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

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…

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