All posts by: BBA Press

Private firm to set up 125MW solar plant in Vic Falls

by in zimbabweNews

A PRIVATE firm, Southpole Consulting Private Limited, has engaged the Zimbabwe Energy Regulatory Authority (Zera) seeking a power generation licence to set up a 125 megawatts solar plant in Victoria Falls. The regulatory authority confirmed the application in a notice. If approved, Zera said the proposed solar project would be situated at 109 Woodlands Estate […]

AfDB, Export Trading Group sign $200m loan deal

by in zimbabweNews

THE African Development Bank (AfDB) has signed a $200 million loan agreement for a soft commodity finance facility with the Export Trading Group to support agriculture on the continent. AfDB said the facility was innovatively structured as two successive loans of $100 million, each with a tenor of up to two years. “This SCFF (Soft […]

Zimbabwe celebrates Independence Day – Business Daily News Zimbabwe

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ZIMBABWE today celebrates 38 years of Independence from British colonial rule with Zanu-PF yesterday calling on all patriots to uphold and cherish the values that sprung from the liberation struggle. The party’s secretary for information and publicity Simon Khaya Moyo said Independence Day was not only important to Zanu-PF but to all Zimbabweans. “On the […]

Six more Zim kids to be deported from SA

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SIX more Zimbabwean children who were smuggled to South Africa by omalayitsha through Beitbridge Border Post will be repatriated back to the country on Thursday as the governments of the two neighbouring countries intensify the fight against child trafficking. Speaking during the Zimbabwe National Council for the Welfare of Children (ZNCWC)’s 50th dinner awards ceremony […]

Year-on-year inflation drops – Business Daily News Zimbabwe

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ZIMBABWE’S year-on-year inflation rate for last month shed 0.30 percentage points on the February rate of 2.98 percent to 2.68 percent, official figures show. The country’s national statistics agency, Zimstat, said this means that prices as measured by the all items Consumer Price Index (CPI) increased by an average of 2.68 percent between March 2017 […]

Khupe fights expulsion in court

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Dr Thokozani Khupe and her lawyer Professor Lovemore Madhuku walk out of the Constitutional Court in Harare yesterday MDC-T breakaway deputy president, Dr Thokozani Khupe yesterday filed an urgent application at the Constitutional Court in Harare challenging her expulsion from Parliament and seeking re-instatement. The court application follows her recent ejection from Parliament after the […]

Mnangagwa targets middle-income economy – Business Daily News Zimbabwe

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GOVERNMENT has set out a clear vision for youth to have decent jobs and to benefit from broad-based empowerment initiatives that will move them out of poverty, President Mnangagwa has said. He also warned those who perpetrate child abuse, saying the law would take its course against offenders. Addressing a children’s party he hosted together […]

Developers reduce housing backlog by 50%

by in zimbabweNews

PROPERTY developers in Masvingo have reduced the housing backlog in the city by more than 50 percent following the unveiling of land for development. Property developers who spoke to The Herald yesterday said enough ground had been covered in Masvingo on infrastructural development. They said housing was going to be affordable because of the increase […]

Kickbacks delay city road rehab

by in zimbabweNews

Some Harare City Council workers are reportedly sabotaging the city’s road rehabilitation programme by demanding kickbacks from contractors to facilitate payment from Zimbabwe National Roads Administration (Zinara), it has emerged. Last week, companies contracted to rehabilitate Harare’s roads under the $17 million Emergency Road Rehabilitation Programme stopped work because they were not getting money from […]