zimbabwe Archives - Page 8 of 8

LICENCE GRANTED TO ZIMBABWE WOMEN’s BANK.

Posted on June 8, 2018 by Gambeta News

Zimbabwe Women’s Bank granted licence by Reserve Bank of Zimbabwe to operate fully. The Reserve Bank of Zimbabwe (RBZ) has authorized and issued license to the awaited women’s bank. Hence, with this development the bank operations will be kick-off by the end of this month. The lunching of Zimbabwe Women’s Micro-finance Bank is a step forward for a new dispensation in the financial institution. It has taking a long time for them to get to…

ZIMBABWE OPPOSITION PARTY MARCH TO STOP FRAUD AND CORRUPTION IN THE UPCOMING PRESIDENTIAL ELECTION.

Posted on June 6, 2018June 6, 2018 by Gambeta News

Zimbabwe opposition party demands for a free and fair presidential election come June 30. Zimbabwean opposition party supporters are protesting against fraud and voter intimidation in the upcoming presidential election. Despite the cold weather, the march organised by the Movement for Democratic Change (MDC) went on at Harare. MDC leader Nelson Chamisa handed a petition to the electoral commission saying they want a free and fair election. Also, demanding for publication of voter roll, audit…

KENYA’S SOFTWARE GROUP AIDS ZIMBABWE BANK TO GO DIGITAL.

Posted on May 23, 2018May 23, 2018 by Gambeta News

Kenyan based software company leads Zimbabwean commercial bank into the world of digital banking. A Kenyan based software company, Software Group has come to an agreement with Metbank to digitize the bank’s operations. Metbank is a Zimbabwean commercial bank, with over 70,000 customers and is one of the fastest growing institute in Zimbabwe. While Software company have branches in over 65 countries globally. In the agreement, Software Group is to install agency, Internet and mobile banking platform…

ZIMBABWE STOPS SOLAR STREET LIGHT PROJECT

Posted on May 16, 2018 by Gambeta News

Zimbabwe halts solar street light project because of lack of funds. Failure to raise enough fund have caused the Kwekwe City Council in Zimbabwe to halt the solar street light project. Last year the council made plans of raising US$200,000 for the installation of solar-powered street lights. So as to cut down on its electricity bill. For the fund raising, each household was levied 50 cents per month, but this however failed to reach the budget. During…

ZIMBABWE SET TO CONSTRUCT MODERN GREEN BUILDING

Posted on May 8, 2018 by Gambeta News

NOIC set to fund the construction of a modern green building that will help cut the demand for grid electricity in Zimbabwe. The construction of the green building will be at he Zimbabwe International Trade Fair (ZITF) grounds. It will be power by a solar plant and will help feed energy to the nation grid. The initiative will also help cut the demand for grid electricity in the country. Ministry of Energy Permanent Secretary, Mr Partson Mbiriri said “The intention…

ZIMBABWE SOLAR FARM RECEIVES US$52m GUARANTEE

Posted on April 30, 2018 by Gambeta News

Gwanda solar farm, Zimbabwe receives US$52m guarantee. Part of Zimbabwe national strategic power projects, Gwanda solar farm have received a US$52m guarantee from CHiNT Electric. The Chinese electrical engineering group is ready to provide a guarantee covering 30% of the Engineering, Procurement and Construction (EPC) aspect of the 100MW solar project. This solar project certainly comes with the expectation of closing the country’s severe shortage of power. The project contractor, Zimbabwe Power Company (ZPC), has a contractual obligation…

ZIMBABWE

Posted on April 18, 2018April 18, 2018 by Gambeta News

Zimbabwe is a country rich in natural views and fascinating landscapes The name “Zimbabwe” is derived from two words of Shona language ‘dzimba’ (menaing ‘houses’) and ‘mabwe’ (meaning ‘stones’) and can be translated into English as ‘Big houses of stones’ or ‘honorable houses’. Zimbabwe is set in south-central Africa, between two of the well known African rivers the Limpopo and the mighty Zambezi. Fun Facts you didnt know about Zimbabwe Zimbabwe became independent from the United Kingdom on April…

ZIMBABWE’S TOP OFFICIALS HAVE BEEN GIVEN UNTIL THE END OF FEBRUARY TO DECLARE ASSET.

Posted on January 24, 2018 by Gambeta News

Cabinet ministers and senior government officials in Zimbabwe to declare their assets. President Emmerson Mnangagwa in his fight against corruption in Zimbabwe has given the cabinet ministers and senior government officials until the end of february to declare their assets. Misheck Sibanda, chief secretary to the president and cabinet, said in a statement that it was now compulsory for cabinet ministers, their deputies, senior government officials and bosses of state-owned businesses to declare their assets….

ZIMBABWE PETROL AND DIESEL PRICE TO DROP VERY SOON.

Posted on January 23, 2018 by Gambeta News

Zimbabwe to cut import tax on fuel. The government official said in a statement that “Zimbabwe has cut its import tax on petrol and diesel by as much as 17%, the first time it has done so since it adopted the U.S. dollar in 2009, in a bid to lower the pump price for motorists.” Motorists in Zimbabwe pay more for petrol and diesel than most southern African nations. The price of petrol is $1.41…

ZIMBABWE’S REDCLIFF TOWN TO CONSTRUCT WATER TREATMENT PLANT

Posted on January 10, 2018 by Gambeta News

Redcliff Mayor submit a proposal to the Minister of State for Midlands Affairs for a proposed water treatment plant construction. The project which will help solve the perennial water woes in the community and it will also help Redcliff resort to rationing water and restricting residents to only two days of running water per week due to the satellite town owing in excess of $14 million in unpaid water bills. Redcliff Mayor, Fred Kapuya; “The project is now…

CHIREDZI RAILWAY LINE COMMISSIONED IN ZIMBABWE

Posted on December 15, 2017 by Gambeta News

Rehabilitated Railway commissioned in Zimbabwe that will help individuals with low income transport their bulk goods around the country. The railway line which is a joint venture partnership between the government of Zimbabwe and the European Union is worth US $10m and is 35km-long. The rehabilitated Nandi-Mkwasine railway line in Chiredzi is expected to reduce bulk transport costs, improve efficiency in cargo movement and prevent the damage on national roads. Minister of Transport and Infrastructural…

ZWD$139M SET ASIDE FOR INFRASTRUCTURAL DEVELOPMENT IN 2018

Posted on December 14, 2017 by Gambeta News

Zimbabwe Government set funds for massive infrastructural development in 2018. The Fund is to improve the infrastructural development in the country like rail, road and air projects which will help to improve and rehabilitate the country’s transport network infrastructure to enhance their efficiency. The project is funded through fiscal resources and will be expected to rehabilitate and expand rail, road and air projects in 2018 after a budget for it was submitted by the Finance…

ZIMBABWE: HARARE CITY COUNCIL GETS US$ 26M FOR ROAD REHABILITATION

Posted on November 3, 2017 by Gambeta News

Funds released to Harare city council for road rehabilitation after President Mugabe declared a state of disaster on Harare’s roads and road infrastructure. Zimbabwe’s Government Emergency Rehabilitation Fund has approved US$26m to Harare city council to ensure that roads are repaired before the onset of the rainy season. The city council has also identify major arterial roads, which are widespread within the wards. The roads identified that require urgent attention, include Granville Cemetery Road, Kuwadzana Extension (when turning into…

ZIMBABWE – LACK OF FUNDING STALLS POWER GENERATION PROJECTS

Posted on October 23, 2017 by Gambeta News

Over 30 Power generation projects stalled for the past 10 years because of lack of funding. Power shortages in Zimbabwe had led the Government to open the power sector to private investors so as to complement the country’s integrated power generation and distribution company, ZESA holdings. Over 30 Independent Power Producers (IPPS) were given power generation licenses with a combined capacity to generate 5039 MW. According to Gloria Magombo, Zimbabwe’s Energy Regulatory Authority (ZERA) Chief Executive Officer,…

AFRICAN TRADE CENTRE TO BE CONSTRUCTED IN ZIMBABWE

Posted on October 20, 2017 by Gambeta News

Africa trade centre facility to be constructed in Zimbabwe to promote Afreximbank. The trade centre is to be constructed in Zimbabwe by the Africa Export-Import bank (Afreximbank) which will enable the centre to be transformed into an iconic business complexes with integrated one-stop trade services shop that will help in the creation of mini business parks for African trade. President of Africa Export-Import bank, Dr. Benedict Oramah; ”I am happy to note that Zimbabwe will be the first…

ZIMBABWE KARIBA SOUTH PROJECT TO BE COMPLETED IN 2018

Posted on October 18, 2017 by Gambeta News

Zimbabwe power demand to increase from 1500MW to 2200MW after the Kariba south project is completed in 2018 The project which was initiated by the Zimbabwe power company (ZPC) will improve the country power shortage. The project which is expected to inject two 150 MW units at Kariba South Power Station and two 300 MW units at Hwange Power Station which will atleast meet the country peak power demand of 2200 MW that presently stand at 1 500…

ZIMBABWE TO COMPLETE DAM AFTER 105 YEARS WAIT

Posted on October 11, 2017 by Gambeta News

The Gwayi-Shangani dam to be completed in two years, that will bring about socio-economic transformation after 105 years wait. The Gwayi-Shangani Dam which is one of the national projects being undertaken under Zim-Asset is on the confluence of Gwayi and Shangani rivers, has been put on hold for so long due to financial challenges whereby making the development of the Matabeleland region to be very slow. The Vice President of the country, Phelekezela Mphoko has been promised by the managing director of…

ZIMBABWE GETS US$7m AGRICULTURAL BOOST

Posted on October 4, 2017October 4, 2017 by Gambeta News

European Union (EU) to help revitalize dwindling Zimbabwean agricultural sector with US$ 7 million. Zimbabwe have been experiencing a consist shrink in its agricultural industry since it’s President, Robert Mugabe, handed over white farmers seized land to former liberation war fighters. Agriculture, been one of the major key players in most African economies, the European Union (EU) has agreed to provide a financial boost to the Zimbabwean Agricultural sector. This boost which is valued at US$7m…

ZIMBABWE’S BIGGEST AIRPORT TO BE RENAMED AFTER PRESIDENT MUGABE

Posted on September 20, 2017March 6, 2018 by Gambeta News

Zimbabwe’s Harare International Airport is set to be renamed after the southern African country’s long-time president Robert Mugabe, a report say. Harare International Airport is located 15 kilometres south of Zimbabwe’s capital. It has Africa’s longest runway at 4 725 metres. A memo issued in early September by the Civil Aviation Authority of Zimbabwe read: “Aeronautical Information Regulation and Control (AIRAC): With effect from 9 November 2017 Harare International Airport will be renamed R. G….

« 1 … 6 7 8