By Brandon Josphatjosphatbl@dailynews.co.zw THE government says the upgrading of the Deka power project, which was funded by the Indian Exim Bank to the tune of US$48.1 million, will enhance power generation of units 7 and 8 at the Hwange Thermal Power Station. The upgrading of the water plant would result in the enhancement of power…
LONDON Stock Exchange-listed Kavango Resources PLC (Kavango) has announced its planned secondary listing on the Victoria Falls Stock Exchange (VFEX) as it seeks to raise capital for its mineral exploration and mining activities in the country. The group-through its local subsidiary Kavango Zimbabwe formed in July last year is targeting several historic high-grade gold mines…
INDUSTRIALISATION anchors economic growth, industrial development, and facilitates trade creation and special economic zones (SEZs) are a key policy tool in this endeavour. Speaking on the sidelines of the 7th Sadc Industrialisation Week and Exhibition, which ended in Harare on Friday, Eunice Kamwendo, director of the Economic Commission for Africa (ECA) Sub-Regional Office for Southern…
THE country’s deeply fractured opposition is making a fresh bid to end its longstanding divisions, amid plans to form a new coalition ahead of the 2028 national elections. In this regard, opposition leaders are looking for a neutral convener to oversee the mooted unity talks — as they also simultaneously seek to engage with the…
TREASURY has revised upwards growth of the manufacturing sector to 2,5 percent this year, from an initially projected 1,6 percent, to reflect the expected positive impact of the substantial investments underway in both existing and new plant and machinery. According to the latest economic review, the projection also takes into account the commencement of steel…
ZANU PF secretary for youth, Tino Machakaire, says it is crucial that party members show unflinching loyalty to their leadership. Addressing an inter-district meeting of the youth league in Rusape at the weekend, Machakaire also reminded his colleagues that such loyalty could never be seasonal. The Youth minister said this as he talked about his…
THE government has implored tertiary institutions to fully utilise its innovation hubs and develop technologies that propel industrialisation. Speaking at a stakeholders’ event in Bulawayo at the weekend, the director of tertiary education programmes in the Higher Education ministry, Douglas Damba, said the government had established innovation hubs at various universities across the country to…
SOUTH Africa’s leading party in the government of national unity, the African National Congress (ANC), has thrown its weight behind Zimbabwe, arguing there is no need to shift the Sadc Summit from Harare amid allegations of increased human rights violations. The summit, slated for mid this month, would see 16 Sadc heads of government and…
Rutendo Ngara ngarar@dailynews.co.zw A POWER cut at the Harare Magistrates Court on Friday disrupted businessman Mike Chimombe’s bail ruling, which was later moved to today. Chimombe is challenging his placement on remand on allegations of submitting forged documents in a US$9 million Harare street light rehabilitation tender earlier this year. The tender is on behalf…
IT HAS emerged that some members of Zanu PF’s parliamentary caucus are currently pondering giving effect to the growing calls within the ruling party for President Emmerson Mnangagwa to continue in office beyond 2028. These legislators told the Daily News On Sunday at the weekend that part of their plan was to use Zanu PF’s…
