Renewable energy sources are those which can be used and get replenished without causing any damage to the environment or ecosystem.
In the immediate post-independence period, teachers were revered as their earnings and working conditions were the envy of many.
The success of the education system is attributed to the numerous success stories recorded by Zimbabwean professionals dominating various sectors across the world.
The AfDB underscored the potential benefits of rail and road infrastructure to Zimbabwe, which serves as an important transit point for goods destined for ports in Mozambique and South Africa.
NEASA challenged its members to implore their migrant workforce to visit the Department of Home Affairs to check on visas required after the expiry of the permits.
Tongowona was placed on paid leave on June 30 2022 for “unlawfully” possessing a council firearm without authorisation.
The government holds a 52% stake in the coal mining entity, whose debt obligations stood at US$333 million owed to various creditors as at December 31 2016.
Gold coins came into circulation two months after the government forced banks to stop lending after speculators flooded banks to borrow for buying foreign currency on the black market.
He was addressing the inaugural Zimbabwe Annual Investor Forum hosted by the Zimbabwe Independent and PiggyBankAdvisor in Harare.
This follows Finance and Economic Development permanent secretary George Guvamatanga’s internal communication a fortnight ago where he questioned the pricing models by airlines and hospitality companies.
Fungisai Sithole, the programmes manager of Friedrich Naumann Foundation for Freedom in Zimbabwe said the near absence of female journalists in the field has seen the birth of the Womentorship to help upcoming female journalists.
The development comes at a time when the economy is facing a debilitating liquidity crunch, foreign currency shortages, currency volatility and runaway inflation, which has soared to 256,9% in July this year, up from 56,37% during the same period last year. The number of job losses has been worsened by the impact of Covid-19 as some sectors, such as tourism are still trying to recover from the devastating impact of Covid-19-induced lockdowns on its operations.
Since the release of the gold coins, parallel market forex dealers are trading the United States dollar for ZW$800 and between ZW$600 to ZW$700 for those selling their greenback, a sharp appreciation of the local currency.
Among the presenters will be Finance minister Mthuli Ncube, Reserve Bank of Zimbabwe deputy governor Jesimen Chipika, Chinese ambassador to Zimbabwe Guo Shaochun, Zimbabwe Investment and Development Agency acting chief executive Duduzile Shinya, Securities and Exchange Commission of Zimbabwe acting chief executive Gerald Dzangare, Zimbabwe Stock Exchange direct head Kuda Mundowozi and Mangwana Capital managing director Benedict Mbanga.
Zimra has been without a substantive commissioner-general since the axing of former Zimbabwe Consolidated Diamond Mining Corporation chief executive Morris Mpofu, who was removed just 48 hours after his appointment in January this year.
The tough action, which was disclosed by the fire fighting minister, followed shocking disclosures last week that ministries, government departments and state agencies are being milked dry by suppliers capitalising on laxity by officers to charge “extortionist” prices.
Trusted Treasury sources told the Zimbabwe Independent that a number of suppliers have been milking the government by indexing prices based on projected foreign currency parallel market rates, which are exaggerated. The rates were as high as US$1:ZW$1 500.
GIATOC is a Switzerland-based international organisation, whose aim is to develop innovative strategies and responses to organised crime.
The South African cabinet in November last year made a resolution to terminate the ZEP, a decision which has received overwhelming support from the ruling African National Congress (ANC).
As a result, documents gleaned by this publication show that all ministries, departments and agencies have been directed to suspend all payments with various suppliers and review all running contracts as authorities battle to contain inflationary pressures and put a lid on currency volatilities haunting the Zimbabwean economy.
This was revealed by highly placed sources who told the Zimbabwe Independent this week that Chiwenga’s threats left the business executives “shaken”.
Air Zimbabwe was placed under administration in terms of the Reconstruction of State Indebted Insolvent Companies Act [Chapter 24:27] from October 4 2018 to June 30 2021. Grant Thornton (chartered accountants firm) implemented the scheme of reconstruction, whereupon we appointed the outgoing interim board on July 8 2021.
The developments were revealed in the latest BCC statistical report for June 2022 released on Wednesday. According to the report, the housing and community services department reported in mid-July, 272 building plans with a value of US$7 139 633 were approved in June 2022, constituting an increase of 75,48% compared to the previous month’s figure.
Various NGOs in Zimbabwe face imminent closure with the government pushing the new law in the House of Assembly amid concerns that the state is ignoring objections raised during consultations.
As reported by the Zimbabwe Independent last week, ZimParks, who are the third respondent in a High Court application, is facing a lawsuit from Lawrence Benjamin Norton alongside nine other applicants for issuing permits to Adage Success and Scanner Investments who intend to set up commercial operations close to the falls.
At the time the 2022 budget was presented, ZW$2,3 billion was equivalent to US$21 million at the exchange rate of US$1:ZW$105, but it has depreciated over time due to currency volatilities. The official exchange rate stands at about US$1:ZW$460.
Prior to the latest judgment by the Supreme Court, under reference number SC67/22, Ziyambi had initially filed an application at the High Court on February 12, 2020, seeking confirmation of the Reconstruction Order. The High Court dismissed Ziyambi’s application with costs, prompting him to appeal to the Supreme Court.
High-level officials from the Zimbabwe Republic Police (ZRP), the Reserve Bank of Zimbabwe’s (RBZ) Financial Intelligence Unit (FIU), Zimbabwe Anti-Corruption Commission (Zacc), and the Special Anti-Corruption Unit in the Office of the President and Cabinet (Sacu) confirmed the development.
Today, Zimbabwe commemorates the fourth anniversary of the unprecedented state brutality in which soldiers opened fire against fleeing, unarmed protesters on the streets of central Harare, killing six and injuring 35.
The Zimbabwean dollar was trading at US$1:ZW$432 on the official market yesterday. Ncube’s original budget presented in November last year was ZW$968 billion.
This will be implemented as the Zimbabwe Revenue Authority (Zimra) complained that the multiple-pricing system for goods and services bred a fertile ground for revenue leakages.
Presenting the 2022 mid-term economic review statement and supplementary budget, Ncube said agricultural output also came through at much reduced volumes, holding back the growth rate.
The UN body bestowed the World Heritage Site status on the Victoria Falls in 1989. It is considered as the largest waterfall in the world running down 108 metres.
NM: The dialogue for this year, you will find that we had a blend, which includes GBV issues. The theme was “Mainstreaming Gender in Employment”. The focus was on looking at the current employment codes of conduct, employment legislation, like the Labour Act and see whether the GBV aspects are included. So from the discussions what came out is that a lot of employment codes need to be reviewed so that the GBV aspects are taken into account.
The Zimbabwe Women Microfinance Bank has performed exceptionally well since its establishment in 2022. The bank has become a vital conduit in promoting financial inclusion and entrepreneurship for women through opening of banking accounts and facilitating provision of business loans.
The Permanent Mission of Zimbabwe to the United Nations in New York, in collaboration with the Ministry of Local Government and Public Works, recently invited tenders for expression of interest for the demolition of the chancery in Manhattan.
Sometimes, a few little tricks could help anyone, even the most experienced travellers, to enjoy every stage of their journey, starting with the plane flight.
Announcing the list in the latest strategist magazine, Zist chief executive Eric Muzamhindo said their focus and main thrust was to provide strategy through engagements and critical thinking.
There are claims that the government ignored pleas for more time by some operators to set up beneficiation structures.
The analysis was developed by Amnesty International (Zimbabwe), Legal Resources Foundation, Southern African Parliamentary Support Trust (Sapst), Veritas, Zimbabwe Human Rights NGO Forum, and Zimbabwe Lawyers for Human Rights (ZLHR).
There have been numerous reports involving Moyo’s imperial powers in councils as he has made unilateral decisions to impose contractors or cancel tenders.
It also emerged that the Finance and Economic Development ministry was struggling to release funding on time, further delaying the century old water project expected to be a solution to Matabeleland region’s perennial water problems.
At stake is US$2,4 billion in potential opportunities for local suppliers, which is now being transmitted offshore, stated Chamber of Mines of Zimbabwe (CoMZ) president Collin Chibafa, who spoke after Mnangagwa had queried the mining industry’s procurement strategy.
Frequent power cuts have burdened the fragile economy buffeted by several headwinds, such as debilitating liquidity crunch, foreign currency shortages, currency distortions, and runaway inflation.
KK: What are your objectives as the recently elected ZNCC president?
Zacc spokesperson John Makamure confirmed that the matter was under probe but declined to release more details.
Malunga won a High Court order to stop Mpofu from evicting him from the farm but the top Zanu PF official appealed to the Supreme Court.
The Independent, together with Transparency International Zimbabwe (TIZ), had cited three ministers — July Moyo of Local Government and Public Works; Mthuli Ncube of Finance and Economic Development; and Transport minister Felix Mhona; and Zupco.
Moyo recently pushed for disbursement of US$55 million to buy fire engines without going to tender. His ministry has been piling pressure on City of Harare to pay Geogenix BV US$1,5 million owed under a waste management deal that has attracted scrutiny.
In terms of our production, in the last three years we have seen a consistent increase in our capacity utilisation from 60-70% but we closed the past year at 84% capacity utilisation and we are projecting that by the end of the year 2022 we would have improved from what we achieved in 2021.