ZIMBABWE AUDITOR-GENERAL HALT FUNDING FOR SEVERAL INFRASTRUCTURAL PROJECTS

Non disbursement of devolution funds has led to failure by local authorities to undertake or complete several development projects, acting Auditor-General Rheah Kujinga has said. According to a Value for Money Audit Report on monitoring of devolution funded projects by the Local Government and Public Works ministry, local authorities across Zimbabwe are failing to complete projects funded by the devolution funds due to non-disbursement of allocated funds, non-monitoring of the projects and undertaking of unapproved…

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EU AVAIL US$120M FOR REHABILITATION OF KARIBA DAM IN ZIMBABWE

The European Union (EU) has availed €113 million (about US$120 million) towards the rehabilitation of Kariba Dam as part of its Global Gateway initiative to improve the country’s electricity generation capacity. This was disclosed yesterday during a tour of the project site by EU ambassadors to Zimbabwe and Zambia Jobst von Kirtman and Karolina Stasiak respectively, Energy minister Edgar Moyo and his Zambian counterpart Peter Chibwe Kapala, among other delegates. Zimbabwe and Zambia jointly own…

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INVICTUS ENERGY LIMITED TO BEGIN DRILLING OF ZIMBABWE MUKUYU-2 WELLSITE

Australian energy firm Invictus Energy Limited (Invictus) has finished its rig mobilization and assembly to begin drilling for potential oil and gas at its second Mukuyu-2 wellsite. In December 2022, Invictus ceased drilling operations at its Muzarabani oil and gas site owing to drilling gear issues. A few months later, Invictus launched a successful capital raising initiative of over US$6 million to drill at the same site termed Mukuyu-2 wellsite. The announcement that Invictus has…

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ZIMBABWE HIGHWAY EPITAPHS: THE WAY FORWARD

EPITAPHS riddle the Harare-Chirundu Highway, a regional transit route linking southern African countries, among them South Africa, Zambia, the Democratic Republic of Congo, and Tanzania. The epitaphs include those of victims of a road accident that claimed 24 lives including students coming from a sporting competition on June 6, 1984. The accident was declared a national disaster. One of the 1984 survivors, Peter Marongwe has undying memories of the highway of death. Despite the many…

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WESTPROP SET TO RE-CONSTRUCT GREENWOOD PARK IN ZIMBABWE

WESTPROP Holdings is turning Greenwood Park into a lifestyle theme park helping to complete the live, work, shop, and play environment for the communities living around the park. There is a nearby shopping center – Five Avenue Mall, office and residential buildings around the park. CEO Mr. Ken Sharpe said he was replicating the model that is now synonymous with all WestProp developments to Greenwood Park to provide residents in the avenues a recreation facility….

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KADOMA-SANYATI ROAD UPGRADE BEGINS IN ZIMBABWE

Upgrading of the strategic Kadoma-Sanyati Road that links the south of Mashonaland West to Gokwe North district in the Midlands, has resumed, with the responsible department also carrying out maintenance works. Provincial roads engineer, Simbarashe Gomo, said the upgraded road works were expected to meet laid down Southern African standards. “The Department of Roads has resumed upgrading of the road under the Roads Development Programme which earmarks to construct of 20km of road to standards…

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WESTPROP ANNOUNCED MASSIVE US$4BILLION CITY DEVELOPMENT IN ZIMBABWE

Westprop  Holdings today unveiled its signature gatehouse at Pomona city signaling the commencement of the massive US$4 billion ‘city within a city development’. CEO and founder of the Victoria Falls Stock Exchange listed real estate company Mr. Ken Sharpe was upbeat and sounded bullish when he headlined the colorful ceremony. “We are now delivering the promised Pomona City. A city within a city. Today the 28th of June 2023 marks the start of that journey…

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COMPLETION OF BEITBRIDGE BORDER HOMES A RELIEF FOR RESIDENT IN ZIMBABWE

The construction and completion of 220 houses for Government workers, as part of the US$300 million Beitbridge Border modernization, has brought relief to most border agencies that had faced accommodation challenges over the past decades. Before the construction of the staff village, staff from the 22 Government agencies manning the Beitbridge Border Post had challenges deploying a full staff complement due to accommodation blues, thereby compromising service delivery. But the Staff Village, which comprises 220…

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RUFARO STADIUM CONSTRUCTION MISSED THIRD COMPLETION DEADLINE IN ZIMBABWE

Rufaro Stadium’s drainage is not yet complete, so are its dressing rooms, perimeter wall, and archaic scoreboard; toilets, turnstiles, parking area, bucket seats, and ‘modern roofing’ have all not been attended to. Although Harare City Council feels it has done a lot to rehabilitate Zimbabwe’s historic site of football, the return of topflight action might have to wait a bit longer than Mayor Jacob Mafume has been promising since work began in February. In spite…

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SHALOM MINING APPLIED TO EXPLORE OIL AT ZIMBABWE WORLD HERITAGE SITE

One of Africa’s premier wildlife areas has been targeted for oil exploration. Shalom Mining has applied to explore oil and gas in Mana Pools, which has been designated as a World Heritage Site by the United Nations Educational, Scientific and Cultural Organization, according to a notice in the Zimbabwean Government Gazette. Mana Pools lies on the southern bank of the Zambezi River that serves as the border between Zimbabwe and Zambia. The river braids across…

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FAILURE TO ACCESS ROAD A MAJOR ZIMBABWE

Farmers in Silobela are failing to access markets due to a poor road network in the constituency. Speaking during the commissioning of the Exchange Irrigation Scheme in Silobela recently, the scheme’s vice-chairperson Patrick Chipoka said while farmers appreciate the rehabilitation of the irrigation scheme which had collapsed many years ago, it is the state of roads which is giving farmers a headache. “Our main plea is on the poor road infrastructure in this constituency. While…

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ZIMBABWE GOVT. TO RELOCATE KARIBA AIRPORT TO NEW SITE

Zimbabwe Govt. is going ahead with its plans to relocate Kariba Airport to a new site to accommodate more aircraft in the resort town. This was revealed by Transport and Infrastructural Development Minister Felix Mhona during the launch of the fast jet flights in Kariba last week. He said the move was meant to accommodate a wide range of aircraft, adding that it would also bring back Kariba to its former glory of being a…

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MINING OPERATION SET TO KICK-OFF IN ZIMBABWE AFTER US$50M FUND WAS SECURED

Kuvimba Mining House, intends to mobilise at least US$50 million to start mining operations at its Great Dyke Investments platinum project in Darwendale, Mashonaland West Province in the next six months. GDI’s platinum project requires an estimated US$500 million to reach optimal production in the long term. KMH, majority owned by the Government of Zimbabwe, which holds 65 percent stake in the company, has also acquired ferrochrome producer Zimbabwe Alloys (ZimAlloys), mines Jena, Sandawana, Globe…

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ZIMBABWE GOVT. APPROVED CONSTRUCTION OF THIRD LIMPOPO BRIDGE

The construction of a third bridge across the Limpopo at Beitbridge between Zimbabwe and South Africa has been approved by Cabinet, as the Government moves a gear up to ensure that required infrastructure is always in place for the rapidly growing regional and international trade in line with its ease of doing business policy. Transport and Infrastructural Development Minister Felix Mhona said technocrats were already hard at work, setting the necessary legal frameworks and the…

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SHELTER AFRIQUE AVAIL US$25M FOR AFFORDABLE HOUSING PROJECT IN ZIMBABWE

Shelter Afrique has availed a US$25 million loan to the Government of Zimbabwe for affordable housing. Addressing a press conference in Harare yesterday after a meeting with the Ministry of National Housing and Social Amenities, banks, building societies, and housing co-operatives, Shelter Afrique managing director Mr Thierno Habib Hann said the initiative will scale up housing delivery in Zimbabwe. Mr. Hann said Shelter Afrique is a Pan African financial institution that focuses solely on financing…

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DISCO STEEL PLANT PROJECT NOW 80% COMPLETE IN ZIMBABWE

The designing of power lines and electrical substations for the Dinson Iron and Steel Company (Disco) steel plant is now 80 percent complete, an official has said. Disco, which is building a US$1,5 billion integrated steel plant in Manhize near Mvuma is a subsidiary of China’s largest stainless producer, Tsingshan Holdings Group Limited. The plant is expected to be commissioned in August, according to official timelines. The project is now 50 percent complete. Last year,…

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HOUSING PROJECT CONSTRUCTION BEGINS IN POMONA CITY, ZIMBABWE

The excitement at Pomona City has begun with about 140 stand owners now ready to build their properties following the granting of the certificate of compliance by Harare City Council late last year. Compliance for phases 1B and C is expected mid-year. The residential estate being developed under the smart cities concept is expected to change the infrastructure terrain in the capital city as indicated by the West Property Chief Executive Mr Kenneth Sharpe. “We…

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ZIMBABWE GOVT. MAKING PLANS TO ACHIEVE GOOD WASTE MANAGEMENT SYSTEM

Zimbabwe Government is aiming at achieving world-class standards when it comes to waste management, an official has said. Environment Minister Mangaliso Ndlovu made the revelation during a clean-up exercise in Redcliff. He called for local authorities to set up modern waste management infrastructure to support the dream. Ndlovu added that a clean environment will be a strong anchor for the country’s economic growth. “A clean environment will be a strong anchor for a growing economy….

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EEU SAYS POWER RESTORATION WORKS NOW IN 80 CITIES & TOWN IN ZIMBABWE

Electric power has been restored in 80 cities and towns in northern Ethiopia after restoration works to infrastructures damaged during the recent conflict, says the Utility firm. The state-run Ethiopian Electric Utility (EEU) says the restoration works on infrastructures enabled to resume of electric services in 80 cities and towns in Amhara, Afar, and Tigray regions. “Efforts to reconnect the remaining 27 cities and towns to the electric grid is ongoing,” the state-run Utility firm…

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BOSTWANA AND ZIMBABWE RAILWAYS SIGNED DEAL TO IMPROVE EFFICIENCY

Botswana Railways (BR) and Zimbabwe’s National Railways of Zimbabwe (NRZ) signed an agreement to improve the efficiency of services provided by the two railway administrators. Signed in Francistown, Botswana’s second largest city, the cooperation agreement will allow locomotives from both administrations to cross borders and deliver goods to Francistown or Bulawayo, Zimbabwe’s second largest city. Chelesile Malele, acting director general of BR, said at the signing ceremony that the new agreement paves the way for…

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