Govt in third attempt at US$4bn pipeline
Attempts fell through due to complex inter-governmental negotiations and approval delays from Mozambique, sources said in separate briefings.
By Tinashe Kairiza and Julia Ndlela
Nov. 1, 2024
Mutapa set to restructure Zesa Holdings
Zimbabwe’s power plants have capacity to generate 2 200MW, but were yesterday generating 1 011MW.
By Priviledge Gumbodete
Oct. 16, 2024
Troubled Zupco to dispose of old buses
Critics say Zupco collapsed as an efficient urban transport company largely because of mismanagement and corruption.
By Nhau Mangirazi
Sep. 29, 2024
Mutapa Fund clinches US$350m power deal
Large corporations have reported spending up to US$300 000 per month on fuel, further driving up production costs.
By Freeman Makopa
Sep. 27, 2024
Mutapa funding to be directed to public services, infrastructure
Due to burgeoning debt, the country now had an annual financing gap of US$3,7 billion, according to the African Development Bank.
By Tafadzwa Mhlanga
Sep. 25, 2024
‘Build credibility with global lenders’
ZIMBABWE needs to prioritise restoring credibility with international financiers to drive economic growth, the Mutapa Investment Fund (MIF) has said.
By Tafadzwa Mhlanga
Sep. 13, 2024
Mutapa makes appointments in 6 boards
At Zesa Holdings, Mangudya retained executive chairperson Sydney Gata, who will be deputised by insurance encyclopedia Albert Nduna.
By Melody Chikono
Sep. 11, 2024
SOEs fuel public debt: Mutapa
Mutapa chief Investment officer Simba Chinyemba said the country’s debt crisis had deprived SOEs of access to funding resulting in them under performing.
By Tafadzwa Mhlanga
Sep. 9, 2024
Government in fresh push to drive industrialisation
In 2018, the Southern Africa Railways Association revealed that Zimbabwe’s rail infrastructure cost was US$1,7 billion.
By Tafadzwa Mhlanga
Aug. 22, 2024
