Search Results for: zimbabwe

BOSTWANA AND ZIMBABWE RAILWAYS SIGNED DEAL TO IMPROVE EFFICIENCY

Posted on by Gambeta News

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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CHINESE SET TO CONSTRUCT NEW CARGO RAILWAY LINE IN ZIMBABWE

Posted on by Gambeta News

TSINGSHAN Holdings, which has already poured US$2 billion in investments locally and is currently building the US$1 billion steel plant at Manhidze, near Chivhu, is set to construct a new cargo railway system. The new line, which is meant to ferry products between Tsingshan’s three subsidiaries in Hwange, Chegutu, and Chivhu, and the port of Beira, will be constructed alongside the rehabilitation of the National Railways of Zimbabwe’s (NRZ) old line. The Chinese-owned firm, with…

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ZIMBABWE GOVT. TO SET UP SOLAR ENERGY PROJECT FOR CIVIL SERVANT

Posted on by Gambeta News

Zimbabwe Govt. is to set up a solar energy project for civil servants to use for domestic consumption as it moves to ameliorate the power supply challenges currently being faced in the country and the region. The project mooted way back in 2020, will be coordinated by the Public Service Commission (PSC) and is expected to complement ongoing efforts to boost the country’s power generation capacity. The government has since moved to tap into the…

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ZIMBABWE MINISTER SAYS ELECTRICITY CRISIS TO AFFECT CHRISTMAS SEASON

Posted on by Gambeta News

Energy minister Soda Zhemu has said the nation is embroiled in a funding crisis that has made it impossible to swiftly ease the ongoing power blackouts. Speaking to the media on the current power crisis, Zhemu said the current average daily demand is around 1600 megawatts against a total available capacity, which is between 1250 and 1350 from both internal sources and imports. “The government is intervening. This is a crisis and we hope through…

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POWER SHORTAGE: INDUSTRIES WANT ZIMBABWE GOVT. TO FIND SOLUTION

Posted on by Gambeta News

Zimbabwean industries have approached the government intending to find solutions to the prevailing power shortages which are threatening to cripple their operations and stifle the country’s economic growth. The country is experiencing serious power outages which have left both industry and commerce and domestic consumers in the dark for long hours, with power only guaranteed to strategic establishments. Apart from frequent breakdowns at the Hwange Thermal Power Station, the Kariba South Power Station, which has…

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SAKUND HOLDING WITHDRAW FROM CONSTRUCTING RUFARO STADIUM IN ZIMBABWE

Posted on by Gambeta News

Sakunda Holdings, who had committed to giving Rufaro Stadium a massive face-lift after entering into a partnership with the Harare City Council, have withdrawn from the project with immediate effect. The two organizations signed a Memorandum of Understanding early this year, enabling Sakunda to carry out some feasibility work. They toured South African stadia, including the 2010 FIFA World Cup final venue FNB stadium, and Moses Mabhida, together with council officials to get key guidelines….

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ZIMBABWE NEEDS U.S.$40B FOR INFRASTRUCTURAL DEVELOPMENT ACCORDING TO FINANCE MINISTER

Posted on by Gambeta News

The Ministry of Finance says the country’s infrastructure and utility development funding was constrained, prompting the government to engage the pan-African infrastructure investment platform, Africa50, for assistance on innovative financing options. Addressing a press conference, Deputy Finance Minister, Clemence Chiduwa, said the country’s current financial requirements for infrastructure development were around US$40 billion. He was speaking after a meeting with Tshepidi Moremong, Chief Operating Officer for Africa50. “Our funding requirements for infrastructure covering all the…

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ZIMBABWE AND CHINA SIGNED BATTERY METAL INDUSTRIAL PARK CONSTRUCTION

Posted on by Gambeta News

Chinese investors signed a deal to build a $2.8 billion battery metals industrial park. Zimbabwean authorities say the lithium, platinum, and nickel production will be used to make solar batteries. President Emmerson Mnangagwa said the project, about an hour’s drive northwest of Harare, would help turn around the decline of Zimbabwe’s economy. “The mines-to-energy park will augment my government’s thrust of value addition and beneficiation of minerals, as well as bolster the crucial role that…

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ZIMBABWE AND ZAMBIA TO ESTABLISH AN AGRO-INDUSTRIAL PARK

Posted on by Gambeta News

The governments of Zimbabwe and Zambia are holding a validation workshop on the policy, legal and regulatory framework for the establishment of the agro-industrial park between the two countries. The two countries signed a memorandum of understanding last year for the establishment of the agro-industrial park and today’s meeting is expected to decide the framework for the feasibility study among other issues. The process is being done with the support of the United Nations Economic…

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ZIMBABWE FACING ACUTE POWER SHORTAGE

Posted on by Gambeta News

Zimbabwe is currently facing acute power shortages which have led to supply being limited to less than 12 hours per day in some areas. In its Q1 trading period to May, the group said the quality of the network had been heavily compromised as a result. “Persistent national grid power outages have affected network quality and reliability, thereby necessitating us to increase our efforts to augment our power supply with solar power,” said Econet in…

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THE IMPORTANCE OF ZIM CYBER CITY PROJECT TO ZIMBABWE

Posted on by Gambeta News

Another day, yet another developmental milestone in the short, but developing hyperactivity life of the New Dispensation. At this rate, very soon we will start losing count or get tired of counting because of the fast rate at which developmental programs are being initiated. The Second Republic has brought a new culture and new worldview to development in Zimbabwe, making the concept a part of the daily lives of the people. So, this week, the…

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CONSTRUCTION OF AFRICAN LIBERATION MUSEUM KICK-OFF IN ZIMBABWE

Posted on by Gambeta News

Construction of the Museum of African Liberation has commenced in Harare. The monument is a dedication to all fallen veterans of the continent’s liberation wars and is meant to document wars fought in Africa in its quest for self-governance. Addressing journalists, pan African think tank, and Institute of African Knowledge spokesperson, Joseph Nkani said the museum will cost above US$20 million and is being funded by different African countries. “The museum construction project has started,…

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ROAD REHABILITATION TO BEGIN FOR BULAWAYO AND NKAYI DISTRICT IN ZIMBABWE

Posted on by Gambeta News

Construction of major roads linking Bulawayo with Nkayi and Tsholotsho districts has gathered momentum as the Second Republic steps up efforts towards completing outstanding major infrastructure development projects in Matabeleland. Developing sound road infrastructure is one of the critical enablers towards achieving set targets under the National Development Strategy (NDS1), the Government’s five-year economic master plan, which spans 2021 to 2025. The rehabilitation of the 158km Bulawayo-Nkayi Road resumed two months ago. So far only…

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CONTRACTOR FAILED TO MEET DEADLINE FOR EGODINI MALL CONSTRUCTION IN ZIMBABWE

Posted on by Gambeta News

South African company contracted to construct a multi-dollar Egodini Mall in Bulawayo has failed to meet the deadline for the completion of a taxi rank and informal traders’ stalls again. The project was supposed to be completed by the end of April this year. In 2016, the Bulawayo City Council awarded Terracotta Trading Limited (TTPL), a US$60 million tender for the redevelopment of the Basch Street terminus popularly known as Egodini under the Build Operate…

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ZINARA HIKED TOLL FEES PRICE IN ZIMBABWE

Posted on by Gambeta News

The Zimbabwe National Roads Authority (ZINARA) has hiked toll fees by 73% in line with obtaining exchange rate dynamics. The developments are in line with recent fluctuations of the Zimbabwean dollar on the Reserve Bank of Zimbabwe (RBZ) foreign exchange auction platform, which saw the value of the local currency depreciating by 49% this week, reaching US$1:ZW$258. In a Saturday update, the roads administrator said the hikes were in terms of section 4 of Statutory…

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ZIMBABWE ROAD RECONSTRUCTION PROJECTS

Posted on by Gambeta News

Zimbabwe’s road reconstruction and maintenance programs and other efforts by the Government to sort out transport infrastructure are attracting attention with a 10-member delegation from Zambia’s Parliament arriving yesterday for a five-day visit to see how this was done and done with internal funds. The Zambian delegation is made up of that country’s Parliamentary Committee on Transport, Works, and Supply. During a courtesy call on Speaker of the National Assembly Advocate Jacob Mudenda. The Head…

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CONSTRUCTION OF NEW PARLIAMENT BUILDING MAKING PROGRESS IN ZIMBABWE

Posted on by Gambeta News

The temporary hoisting of the Chinese flag at the construction site of the new Parliament Building in Mount Hampden is standard practice in cases of Government-to-Government contractual agreements as the Chinese are funding the construction through a grant. Once everything is finished and the building is handed over to the Government of Zimbabwe, which will be soon, the Chinese flag comes down. It flies over the construction site as this is a Chinese grant project,…

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ROAD REHABILITATION AT MARONDERA MUNICIPALITY TO BEGIN SOON IN ZIMBABWE

Posted on by Gambeta News

Road Rehabilitation is to start soon at Marondera Municipality after receiving US$10,3 million from Government through the Zimbabwe National Road Authority (ZINARA) recently. This was revealed by Marondera Municipality engineer Itai Mashonganyika during an interview with the media in Marondera recently. Eng Mashonganyika said they will focus on the roads in the high-density suburbs of Marondera and they have since identified the roads where the resources will be channelled to. He said now the municipality…

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ZIMBABWE INFRASTRUCTURAL MINISTER SAYS ROAD REHABILITATION PROJECT CAN LAST FOR 20YEARS

Posted on by Gambeta News

Transport and Infrastructural Development Minister, Felix Mhona said that the quality of work by construction companies involved in the Emergency Road Rehabilitation Programme (ERRP) is satisfactory and the roads can last up to 20 years before requiring extensive rehabilitation. Minister Mhona said this as he toured works on roads such as Delport, Seke, Harare Drive, and St Patrick in Harare which is being rehabilitated. The Government took over the rehabilitation and reconstruction of roads in…

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