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Domestic tourism campaign kick-starts

HARARE – Zimbabwe has launched a domestic tourism campaign aimed at enhancing communities’ participation in the sector and creating wealth for ordinary people. According to Zimbabwe Tourism Authority (ZTA), domestic tourism is one of the segments of tourism that plays a vital role in any country’s tourism development. Globally, the number of domestic arrivals is…

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Zim bids to host UNWTO again

HARARE – After re-emerging on the global map following the coming in of a new political dispensation, Zimbabwe is seeking to regain lost shine by making moves to host one of the United Nations World Tourism Organisation (UNWTO)’s key calendar events in 2019. Under deposed president Robert Mugabe’s 37-year rule, the country — once a…

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EcoFarmer partners Mercy Corps

HARARE – Econet Wireless Zimbabwe (EWZ)’s EcoFarmer has partnered Mercy Corps and the Zimbabwe Farmers Union (ZFU) to help achieve rural food security and boost productivity by raising mobile literacy among rural women farmers through practical training and on-the-ground knowledge transfer. The training, which has so far been carried out in Manicaland and Mashonaland Central,…

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Zim tourist attractions charm Korean ambassador

HARARE – South Korean ambassador to Zimbabwe Cho Jaichel has committed himself to marketing the country’s tourism products in the Asian global economic giant after being charmed by its beauty. He said this after paying a courtesy call to the offices of the Associated Newspapers of Zimbabwe (ANZ) whose flagship publication, the Daily News he…

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Zim prioritises lithium project

HARARE – President Emmerson Mnangagwa’s government is prioritising the mining of lithium as it moves to revive the country’s economy. Australia-based mining firm Prospect Resources said its Arcadia Lithium Deposit has been identified as a priority mining development project by the Office of the President and Cabinet of Zimbabwe. This was after the ministry of…

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Chinamasa rapped over 2018 budget

HARARE – Finance minister Patrick Chinamnasa was on Tuesday taken to task by parliamentarians for understating the country’s budget deficit and violating the Constitution in many areas of fiscal management. MDC legislator Eddie Cross said the $700 million budget deficit envisaged by Chinamasa was at variance and the parliamentary committee on Finance’s $1,9 billion deficit…

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Ziscosteel revival on course

HARARE – The revival of Zimbabwe Iron and Steel Company (Ziscosteel) is on course as the firm’s shareholders are set to meet next month to ratify its disposal to Hong Kong-based firm Tian Li. Ziscosteel chairperson Nyasha Makuvise yesterday said the company will hold an extraordinary general meeting on February 8, to discuss “the takeover…

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‘Tobacco earnings to improve forex situation’

HARARE – The foreign currency situation will continue to be dire until the beginning of the tobacco selling season, a senior Reserve Bank of Zimbabwe (RBZ) official has said. William Manhimanzi, the apex bank’s deputy director of financial markets, told tourism operators in Harare last week that the foreign currency crisis will not go away…

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David Whitehead to re-open after $2m govt injection

HARARE – Zimbabwe’s government has injected $2 million into David Whitehead to resume operations. David Whitehead, a large textile firm that used to employ 2 500 people in Chegutu, 100km southwest of Harare, collapsed in 2011 after being placed under judicial management since 2006. [Adz] A deal had been reached with Zimbabwe Asset Management Company…

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Caledonia records 56 135 ounces of gold

HARARE – New York Stock Exchange-listed gold mining firm, Caledonia, recorded 56 135 ounces of gold last year, ahead of the 54 000 ounces target. The Zimbabwe focused gold producer’s chief executive Steve Curtis said 2017 production represents a new annual production record for the Blanket Mine, an increase of 11,4 percent over the annual…

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