News

  • Delta in $26mln upgrade for Chibuku Super breweries

    Monday, 08 February 2016 CHANNELZIM

    Delta Beverages says it will invest $26 million to upgrade its  Masvingo and Kwekwe breweries to increase production capacity of its popular sorghum beer, Chibuku Super from 2,2 million litres to 2,4 million litres by the fourth quarter of this year. Introduced onto the market in 2012, Chibuku...

  • Govt seeks investor for ZSE stake

    Monday, 08 February 2016 CHANNELZIM

    Government says it is looking for potential investors to take up part of its shareholding in the Zimbabwe Stock Exchange (ZSE). The local bourse, previously a non-profit member owned organisation,...

  • RBZ tightens controls on offshore investments after $1,8bln leakages in 2015

    Friday, 05 February 2016 CHANNELZIM

    Zimbabwe on Thursday tightened controls on offshore investments to plug foreign currency leakages after the country lost $1,8 billion in illicit financial flows last year — over a third by...

  • Zimbabwe, World Bank work on funding plan – Chinamasa

    Friday, 05 February 2016 CHANNELZIM

    Zimbabwe and the World Bank have stepped up efforts to hammer out a financing programme, which could see the southern African country accessing funding from the institution should a debt clearance...

  • BCC gives UK firm $68mln contract for waste-to-energy plant

    Friday, 05 February 2016 CHANNELZIM

    The Bulawayo City Council (BCC) has agreed to grant United Kingdom-registered Pragma Leaf Consulting company permission to set up a $68 million waste-to-energy plant, which could produce 110,000...

  • African Sun shuts down loss-making Beitbridge hotel

    Wednesday, 03 February 2016 CHANNELZIM

    Hospitality group African Sun has closed its Holiday Inn Beitbridge Express Hotel citing prolonged loss-making by the facility, the company said on Wednesday. Company secretary Venon Musimbe said...

  • Feuding Zanu PF Camps Take Succession Battle to VP Mnangagwa’s Doorsteps

    Sunday, 17 January 2016 VOA Studio 7

    Alleged Generation 40 (G40) members Sports Minister Makhosine Hlogwani, Deputy Labor Minister Tapiwa Matangaidze and Tourism Deputy Minister Anastacia Ndlovu have filed a complaint to the Midlands...

  • Not the time to be a journalist in Zimbabwe

    Not the time to be a journalist in Zimbabwe
    Photojournalist Angela Jimu
    Thursday, 14 January 2016 CHANNELZIM

    THE time is 10h45. It was an hour before Angela Jimu made her way towards the ExCeL Centre. The hall is already filled with a host of scholars, lining up to attend the opening ceremony of the...

  • Farmers say no to proposed 49 pct electricity tariff hike

    Thursday, 14 January 2016 CHANNELZIM

    Zimbabwe farmer organisations on Wednesday objected to the proposed increase in electricity tariffs which they say will drive up the cost of production and compromise food security at a time the...

  • Bob in Xmas party while many starve

    Tuesday, 22 December 2015 The Zimbabwean

    There is little prospect of Christmas cheer this weekend for the estimated 1,5 million Zimbabweans facing hunger; or the more than 20,000 said to have lost their jobs as companies retrenched...

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