Blanket mulls US$36m investment
GWANDA-BASED gold miner, Blanket says it is planning to invest US$35,8 million in plant maintenance and the implementation of its new underground operation called Central Shaft. The massive capital outlay … Read More
Author: Bullszimbabwe
Trade deficit spikes
ZIMBABWE recorded a trade deficit of US$17,7 million in January this year attributable to the adverse impact of Covid-19 compared to a surplus of US$1,4 million recorded during the same … Read More
Matabeleland South needs US$776,1m to fund IPP projects
THE Zimbabwe Energy Regulatory Authority (Zera) says independent power producers (IPPs) in Matabeleland South Province require close to US$776,1 million collectively to fund electricity generation projects that are at different … Read More
Provincial tourism conferences on card
The Ministry of Environment, Climate, Tourism and Hospitality Industry is planning to roll-out provincial tourism conferences whose aim is to assist operators to showcase activities and products in their areas … Read More
RBZ to introduce term lending facility for small businesses
In what could be a major milestone for budding businesses that do not meet requirements to secure reasonably priced loans from banks, the Monetary Policy Committee of the Central Bank, … Read More
Ministry woos private electricity investors
Policies are being continually developed to attract investors into power generation as part of efforts to ease power shortages in the country, Minister of Energy and Power Development Zhemu Soda … Read More
Work on Kariba housing project resumes
The Kariba Housing Project has been taken over by the Government after work on the new Kasese suburb and the upgrading of the town’s water treatment capacity stalled in 2019. … Read More
Pasture production saves national herd
The number of cattle succumbing to drought declined from 66 000 in 2019 to 10 000 in 2020 due to Government and farmers’ efforts to improve pasture production and provision … Read More
Property development company deregistered
DIRECTORS of property development firm, Balwearie Holdings, have been barred by the High Court from using the company’s CR14 form when transacting after it emerged that the document was fraudulently … Read More
RBZ simplifies rules for tobacco marketing
Simple and transparent rules have been put in place by the Reserve Bank of Zimbabwe (RBZ) for the 2021 tobacco marketing season to ensure merchants and farmers can retain or … Read More
