Thursday, November 15, 2018
Kudzanai Sharara HARARE - Zimbabwe's Muzarabani oil project has the potential to produce 3.9 trillion cubic feet (tcf) of gas and 181 million barrels of conventional gas, Australian listed firm Invictus Energy confirmed Monday morning.  According to the Independent Report completed by Netherland, Sewell and Associates, Inc. (NSAI), the Upper Angwa...
HARARE - Zimbabwe and India on Saturday  signed six Memorandums of Understanding (MOUs) aimed at deepening  cooperation between the two countries. The MOUs are on the reciprocal exemption of visa requirements for  holders of diplomatic passports, Action plan on cooperation in  information and communication technology, cooperation in sports, mining,  traditional...
HARARE - President Emmerson Mnangagwa left  on Monday for Guinea Conakry on a State visit aimed at establishing  economic relations between the two countries. The State visit is at the invitation of Guinea President Alpha Conde. Among his engagements in the West African nation, President Mnangagwa  is expected to tour a...
Kudakwashe Mhundwa HARARE - The Insurance and Pension`s Commission of Zimbabwe (IPEC) says it is in the process of organising a consultative forum with key stake holders in the health care insurance industry to map the way forward for the industry after the latter was recently awarded jurisdiction to regulate...
Blessings Chidakwa KADOMA – Zimbabwe Stock Exchange-listed mining giant RioZim has temporarily stopped operations amid fears of a total shutdown putting the livelihoods of more than 2 000 employees in jeopardy. Workers recently received communication that they were unlikely to get salaries but grocery as hardship allowance. Rio Zim Head of Corporate Affairs...
Pauline Mhuka-Magavu HARARE - The Econet Group has announced that streamline its direct-to-home satellite television service – Kwese TV. “Having been in the African market for almost two years, Kwesé has taken time to monitor subscriber viewing habits and preferences. These insights have guided our efforts to provide a product range...
HARARE - The Zimbabwe government is  considering setting up a special fund to assist distressed manufacturing  companies  retool and boost their productivity, Parliament heard on Thursday. Faced with crippling foreign currency shortages coupled with lack of  access to funding for working capital, Zimbabwean manufacturing industry  is struggling to produce enough...
Kudakwashe Mhundwa HARARE - The Oil Seed Association of Zimbabwe has earmarked $10 million for irrigation development which is aimed at improving productivity on small holder farmers across the country. This comes as different stakeholders in the Agricultural sector are calling on the need to urgently address irrigation development as a...
HARARE - PG Industries said on Wednesday  it has completed its restructuring programme after paying about $10  million to creditors, paving way for its takeover by Indian firm, Dewei  Investments, which is expected to inject new capital into the company. Hit by financial challenges, PG Industries was suspended from trading ...
 Walter Mswazie MASVINGO - Masvingo province is on course to attain a Gross Domestic Product of $5,2 billion by the year 2030 owing to its vast natural resources that have potential to drive growth after the advent of devolution. Higher and Tertiary Education,Science and Technology Development Minister Professor Amon Murwira said...