Business

NEW DISPENSATION STABILISING THE ECONOMY

By Kudzai Furusa Following the instability of the economy due to the invisible money through mobile money, the First Secretary of ZANU PF and President, His Excellency Cde E. D Mnangagwa said the New Dispensation has put a stop to this, leading the stabilisation of the economy. President Mnangagwa said this whilst addressing the Party’s […]

CORPORATE SOCIAL RESPONSIBILITY NECESSARY: PRESIDENT MNANGAGWA

  By Sibusiso Ncube President E.D Mnangagwa says corporate social responsibility must follow operations by companies. This he said during his remarks in Manicaland Province where he toured Anjin and Diamond Pangoda mining companies this Saturday. The mining sector has a US$12 billion target which will assist the country in achieving vision 2030. President Mnangagwa […]

OUR INVESTMENT IN SAFE HANDS: ANJIN

  By Margaret Kamba Mining company Anjin has expressed satisfaction with the New Dispensation’ administration highlighting that the company’s investment is indeed in safe hands. Since coming into office, President and First Secretary of ZANU PF Cde E.D Mnangagwa has vowed to support businesses that bring development into the country by endorsing the ease of […]

ZIMBABWE WILL BE BUILT BY ZIMBABWEANS: PRESIDENT MNANGAGWA

  By Margaret Kamba ZANU PF President Cde E.D Mnangagwa says the New Zimbabwe will be built by Zimbabweans. This follows his tours this week which have witnessed Zimbabwean companies and individuals working tirelessly to build the Zimbabwe we all want. President Mnangagwa this week commissioned the Mbano Manor Hotel in Victoria Falls which is […]

INFRASTRUCTURE DEVELOPMENT KEY TO ECONOMIC DEVELOPMENT

  By Kudzai Furusa The First Secretary of ZANU PF and His Excellency President E.D Mnangagwa says infrastructure development is key to economic development. President Mnangagwa said this yesterday when he commissioned the upgrading and widening of the Beitbridge-Masvingo-Harare highway in Matebeleland South. President Mnangagwa is fulfilling the ZANU PF Manifesto pledge of infrastructure development, […]

PRESIDENT MNANGAGWA LAUNCHES TOURISM RECOVERY STRATEGY 

  By Tendai Moyo ZANU PF First Secretary, H.E President E.D Mnangagwa has launched the National Tourism Recovery and Growth Strategy which will go a long way in reviving the sector. The sector has suffered immensely since the country embarked on the Land Reform Programme which saw a downturn of tourists arrivals into the country […]

ZIMBABWE’S CROCS MAKING HUGE EXPORT EARNINGS

  By Margaret Kamba   Crocodiles have usually been known for their human wildlife conflicts while the crocodile tail has been known in some circles as a delicacy. Padenga Holdings Limited has proven beyond any reasonable doubt that it is not entirely true that only the crocodile tail is edible. Already producing crocodile meat for […]

MINING SECTOR ON COURSE TO ACHIEVING US$12 BILLION 2023 TARGET: PRESIDENT

  By David Mwanza in Hwange   The mining sector is well on course to achieving the US$12 billion economy by the year 2023, First Secretary and President Cde ED Mnangagwa has said. President Mnangagwa made the remarks during his first day of the two day Coal and Coking Coal Projects tour which is underway […]

PEACE, UNITY, HARMONY KEY FOR DEVELOPMENT

  By David Mwanza, in Hwange   Peace, harmony and unity are key towards turning around the economic fortunes of the country, ZANU PF First Secretary and President, Cde ED Mnangagwa has said.   President Mnangagwa urged Zimbabweans to remain focused on the development agenda while giving his appreciation speech at South Mining Company in […]

MINING INVESTMENTS SURGE IN MAT NORTH

By David Mwanza in Lupane   The Second Republic under the stewardship of ZANU PF First Secretary and President, Cde E.D Mnangagwa, has opened floodgates of mining investments into Matabeleland North Province. This was said by the Minister of State for Matabeleland North Provincial Affairs and Devolution, Cde Richard Moyo during an interview with the […]

GOVERNMENT TO SUPPORT SMEs

By Ndafadza Madanha GOVERMENT is working on a number of measures to support the growth of Small to Medium Enterprises (SMEs) and ensure they contribute to the fiscus. According to statistics, Zimbabwe has about 3.5 million SMEs operating in various sectors of the economy and most of them face various challenges in the operation of […]

PRESIDENT ED HAPPY WITH PROGRESS IN THE AGRICULTURAL SECTOR

  By Shadreck Gurenje President E.D Mnangagwa said despite the debilitating drought, the tobacco sector has seen a positive change in the quality of the golden leaf delivered to the floors as well as the prices offered. Addressing the 341st Ordinary Session of Politburo meeting at the ZANU  PF Headquarters President E.D Mnangagwa said there […]

PRESIDENT MNANGAGWA IMPRESSED WITH DEVELOPMENTAL PROJECTS

  By Tendai Moyo President E.D Mnangagwa says he is impressed with the way the Foreign Currency Auction system is working adding that interventions by government to ensure a delivery of developmental projects are yielding intended results. ZANU PF promised to improve the livelihoods of people as enunciated in the 2018 people’s manifesto. Speaking at […]

ZIM IS OPEN FOR BUSINESS MANTRA BEARING FRUIT

  By Kudzai Furusa Zimbabwe is open for business mantra is bearing fruit with America hoping more of its companies to Zimbabwe just like John Deere. This was said by United States Ambassador Brian A. Nichols on the sidelines of the launch of the John Deere Mechanisation Facility yesterday. “It is a big priority for […]

TRANSPARENCY KEY: MINISTER SHIRI

By Kudzai Furusa   Government is encouraging transparency in all operations which is why it is giving farming equipment to banks, said a Government Minister. Minister of Lands, Agriculture and Rural Development Perrence Shiri said this on the side-lines of the launch of the agriculture mechanisation program in partnership with US Company John Deere, the […]

SUPPORT THE FOREX BIDDING SYSTEM: FINANCE MINISTER

By Margaret Kamba   Finance Minister Professor Mthuli Ncube anticipates an increased participation in Foreign Currency Auction Trading System following a steady start to the process.   The system introduced by the Reserve Bank of Zimbabwe started operating this Tuesday with an exchange rate of US$1 for ZWL$57,3 replacing the fixed interbank market rate of […]

MECHANISATION TO BOOST AGRICULTURE IN ZIMBABWE

By Kudzai Furusa   ZANU PF President and First Secretary Cde E.D Mnangagwa has welcomed the John Deere Mechanisation Facility which he said will assist farmers with the much needed mechanisation solutions in agriculture and help attain vision 2030.   Cde Mnangagwa said this whilst addressing delegates at the launch of the John Deere Mechanisation […]

PETROTRADE INSTALLS HIGH-QUALITY SOLAR ENERGY SYSTEM

By Kudzai Furusa THE Minister of Energy and Power Development, Cde Fortune Chasi today commissioned Petrotrade’s US$8.3 million state of the art solar powered service station in Mabvuku, Harare. The construction of the Mabvuku Sevice Station began October 2017 and was completed this January. The solar powered service station is in line with ZANU PF’s […]

UP-SCALING RENEWABLE ENERGY CRUCIAL

By Margaret Kamba   The construction of the 20MW Harava Solar Project is now 70 percent complete and is expected to start feeding into the National Grid at Dema substation in 2 months.   This development will help ease pressure on the national grid which has an installed capacity of around 2 000MW with demand […]

ZUPCO BUSES NON-PARTISAN- GOVERNMENT…….as Government fulfilling election promises

By Ransom Mandhlazi LOCAL Government and Public Works Minister July Moyo said Government was not backing down on the acquisition of new buses as it moves to sanitise the public transport sector. Minister Moyo said the proper management of the public transport system wand to the Revolutionary People’s Party winning manifesto which clearly depicts Zimbabwe […]

The dearth of Journalism in Summary: The case of Blessed Mhlanga vs Tafadzwa Mugwadi.

By Francis Mufambi The new dispensation in Zimbabwe came with the opening up of techno digital spaces including the numerous online video news outlets. This, as it may, carries its own positives and negatives. The time is now to open up on the neocolonial agendas of the fifth column under the guise of independent press […]

ALL IS NOT LOST FOR THE TOBACCO INDUSTRY

    By Margaret Kamba All is not lost for the tobacco farmers who are to begin their marketing season on the 22nd of April because their song must go on although with some changes. The green leaf has always earned the country the much needed foreign currency and with the corona virus COVID19 pandemic […]

PRESIDENT MNANGAGWA RECEIVES DONATIONS FROM CORPORATES

  By Margaret Kamba     President and First Secretary of ZANU PF Cde ED Mnangagwa has received yet another donation from the corporate world as the country upgrades its fight against the deadly Corona Virus COVID19.   COVID19 has killed thousands globally and continues to extend its sting with no boundaries.   Last week […]

DON’T PUSH ME: PRESIDENT MNANGAGWA TELLS BUSINESS COMMUNITY

By Margaret Kamba President and First Secretary of the ZANU PF, Cde Emmerson Mnangagwa has cautioned businesses not to push him following the unwarranted price increases of goods during this 21 days lockdown.   Some shops have been increasing prices willy-nilly at a time when demand is high but with little supply.   The President […]

Task syndicate sets bar for artisanal mining …..ZANU PF Youth league avails CIP to syndicate

  By Ndafadza Madanha TASK Mining syndicate situated in the mining and farming town of Chegutu has set the standard for artisanal mining which their colleagues across the country can emulate. Artisanal miners contribute over 50% of the country’s Gold export receipts making the sector a major source of the much needed foreign currency. However, the artisanal […]

Zim has a vibrant ICT sector : UN

  Shadreck Gurenje in Victoria Falls – ZANU PF Information Department Zimbabwe has a vibrant ICT sector that needs support and encouragement for the growth of the nation economically, a senior United Nations Economic expert has said. Speaking to the media soon after a closed door meeting with Minister of Labour and Social Welfare Professor […]

Youth League meets Empower Bank officials ….bank disburses ZWL$9m to youth projects

By Ndafadza Madanha – ZANU PF Information Department THE ZANU PF Youth league leadership led by the acting Deputy Secretary for Youth Affairs, Cde Tendai Chirau, met senior officials of Empower Bank to familiarise with operations of the institution. Cde Chirau said the meeting was also in line with pronouncements of the National Youth League executive […]

National Venture Capital Fund launch set for next month ……ZANU PF Youth league upbeat on fund prospects

  By Ndafadza Madanha – ZANU PF Information Department FINANCE Minister Professor Mthuli Ncube says the National Venture Capital Fund will be operational next month. In his 2020 budget statement Professor Ncube announced a ZWL$500m fund to support businesses and a significant portion of the fund will be channelled towards supporting youths and women. Speaking […]

Vision 2030 must be driven by ICTs: President

ZANU PF Information Department President Emmerson Mnangagwa has said the attainment of an upper middle income economy by 2030 must be driven by robust investment in science and technology development. Speaking at the launch of the first phase of the e-cabinet system President Mnangagwa directed cabinet ministers to embrace the e-cabinet system to promote the […]

Acting President meets outgoing Nigerian Ambassador…higher economic level relations imminent.

  …Higher economic level relations imminent _By Shadreck Gurenje – ZANU PF Information Department_ ZIMBABWE, Nigeria relations are set to escalate following the meeting between Acting President Retired General Constantino Chiwenga and the outgoing Nigerian Ambassador Janet Odeka which will see the two nations buttressing economic goals. Speaking to the media soon after a closed […]

GVT, AFDB sign US$10.4m grant ….. Funds to be used for tax and accountability enhancement

  By Ndafadza Madanha – ZANU PF Information Department THE Government of Zimbabwe through the Ministry of Finance and Economic Development has signed a US$10.4m grant protocol agreement with the African Development Bank for the Tax and Accountability Enhancement Project (TAEP). On its part the Government of Zimbabwe will contribute US$1.1m towards the project.Three local […]

President vows to deal with rogue retailers

  By Ndafadza Madanha – ZANU PF Information Department PRESIDENT Emmerson Mnangagwa has vowed to deal with retailers abusing the government’s subsidy programme meant to cushion citizens against the rising cost of basic commodities. Under the subsidy programme, Government has identified seven basic commodities that will be supported to ensure availability to the general public […]

President intensifies call for productivity

  _By Shadreck Gurenje , in Bulawayo – ZANU PF Information Department_ President Emmerson Mnangagwa has intensified the call for production to take centre stage in order to revive the economy. The President said the nation will depend on its God-given local resources to develop and attain vision 2030 that seeks to transform Zimbabwe into […]

Towards Vision 2030

By Simbisai Shonhiwa ZANU PF members and delegates this year converge inGoromonzi, Mashonaland East province for the Party’s18th National People’s Conference.The conference will be running under the theme,‘Mechanise, Modernise and Grow the Economy Towards Vision 2030’. The conference is being held at a time Government hasstepped up efforts to improve the status of the countryby […]

Bright future beckons

By Chiratidzo Malinganisa -Deputy Editor THERE is every reason for Zimbabweans to be hopeful,especially if we consider the foundation laid by theZANU PF President and First Secretary Cde EmmersonMnangagwa’s administration.While jobs are already being created particularly ininfrastructure development projects, principally roadsand airports construction, and power generation, moreemployment opportunities are expected as the projects hitcritical moments […]

Let us be productive : President ED ……as National People’s Conference closes

  By Ndafadza Madanha – ZANU PF Information Department ZANU PF First Secretary and President Cde Emmerson Mnangagwa has urged Party members to be productive as this was the only way the country can resolve the current economic challenges. In his closing address to the ZANU PF 18th National People’s Conference President Mnangagwa called on […]

Business sector urged to leverage on re-engagement …..As President ED opens 20million manufacturing plant

  By Shadreck Gurenje – ZANU PF Information Department President Mnangagwa has urged the business sector to leverage on the re-engagement policy saying it is gaining traction and momentum.  Officially opening the Second Phase of the Varun Beverages manufacturing plant in Southerton, President Mnangagwa said government would also continue to create an enabling environment to ease […]

GMAZ donates 30 tonnes of mealie meal towards People’s Conference

  By Ndafadza Madanha – ZANU PF Information Department GRAIN Millers Association of Zimbabwe has donated 30 tonnes of mealie meal valued at ZWL$300 000 towards the ZANU PF 18th National People’s Conference to be hosted at Goromonzi High next week. Receiving the donation on behalf of the Party, Politburo member and Secretary for Finance […]

Drive productivity agenda: President

  By Shadreck Gurenje – ZANU PF Information Department  President Emmerson Mnangagwa has urged Zimbabwe National Chamber of Commerce( ZNCC) to take a leading role in ensuring increased productivity, exports and investment promotion to realise the attainment of an upper middle income economy by 2030. Giving his keynote address at the ZNCC Business Review Conference […]

ZANU PF Canteen opens

  By Margaret Kamba – ZANU PF Information Department The Women’s League will today open its canteen doors to the public following the completion of renovations. President and First Secretary of ZANU PF, Cde Emmerson Mnangagwa will officially open the new look ‘state of the art canteen’. Geared to provide a wide range of the […]

President restores grain subsidy …..move to arrest rising mealie meal prices

  By Ndafadza Madanha – ZANU PF Information Department GOVERNMENT will restore the subsidy on grain to ensure the price of mealie meal remains affordable to the majority. In the 2020 Budget Statement, Finance and Economic Development Minister Professor Mthuli Ncube had scrapped the subsidy government extended to millers when purchasing grain from the Grain […]

Women’s league sets up 3000 Dutch ovens ….as empowerment programmes intensify

  By Ndafadza Madanha – ZANU PF Information Department THE ZANU PF Women’s League has set up 3000 Dutch ovens across the country as it intensifies empowerment programmes that benefit its members in the wake of rising costs of confectionary products. Under the Command Bakeries, members of the ZANU PF Women’s League are taught to produce […]

Nestle officials pay courtesy call on President Mnangagwa

  By Shadreck Gurenje – ZANU PF Information Department A high-powered delegation of Nestle officials today paid a courtesy call on President Emmerson Mnangagwa in a move to strengthen their business ventures in the Second Republic which has opened its doors for investment. Speaking to the media soon after a closed door meeting with President […]

Finance minister unveils ZWL$63.6B budget

Finance minister unveils ZWL$63.6B budget By Ndafadza Madanha  Minister of Finance and Economic Development, Prof Mthuli Ncube has unveiled a ZWL$63.6 billion budget against revenue collections of ZWL$58.6 billion resulting in a budget deficit of 1.5% of GDP.Prof Ncube said the budget will focus on Higher productivity, Growth and Job Creation. Here are some of […]

Austerity is over:President ED …….focus is now on growth, productivity and job creation

  By Ndafadza Madanha – ZANU PF Information Department PRESIDENT Emmerson Mnangagwa says austerity is now over and his administration is now focused on driving growth, productivity and job creation.According to President Mnangagwa, the upcoming budget statement will outline how the country transitions from austerity to growth, with the ultimate objective of achieving upper middle […]

Zimbabweans urged to embrace digitisation ….as government gears towards SMART Zimbabwe by 2030

  By Shadreck Gurenje – ZANU PF Information Department Minster of ICT, Postal and Courier Services Hon Kazembe Kazembe has urged Zimbabweans to embrace digitisation especially in government to ensure that the nation is safe from cyber-attacks. Speaking at the just ended cyber security conference held in Bulawayo, ICT, Postal and Courier Services Minister, Hon […]

Belarus buses, first batch expected before rain season

Ransom Mandhlazi FOLLOWING a state visit by President Emmerson Mnangagwa in Belarus, where several deals were signed, visiting Belarus Chief of Presidential Affairs G.C Sheiman said the delivery of the 500 buses offered to Zimbabwe to modernize its public transport will start coming before the raining season commence. Speaking after meeting President Emmerson Mnangagwa, Mr […]

Economic growth our priority-President

By Shadreck Gurenje PRESIDENT Mnangagwa is on record imploring very citizen of Zimbabwe to support the implementation of national development policy initiatives and programmes that will transform the economy so as to realize Vision 2030. The Economic growth envisaged during the TSP programme period will inevitably be driven by the private sector, with Government facilitating […]

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