Zimbabwe Telecom Operators Hike Tariffs
HARARE - Telecom operators have been given the nod by Postal and Telecommunication Regulatory Authority of Zimbabwe (Potraz) to increase out of bundle tariffs by an average of 30 percent.
Business
'Bankrupt' South African Airways Resumes Flights
JOHANNESBURG – South Africa’s embattled national airline on Thursday flew its first plane since March 2020 after emerging from bankruptcy proceedings.
Zesa Announces Action Packed Load-shedding Timetable
HWANGE – Struggling state-owned power utility ZESA announced on Sunday that it would immediately implement scheduled power cuts lasting up to eight hours daily due to depressed generation at Kariba and Hwange.
Precious Nyika Leaves Lafarge Cement Zimbabwe
Lafarge Cement Zimbabwe has had its chief executive officer, Precious Murena-Nyika stepping down from her role at the local cement manufacturer amid indications she was forced out.
Hichilema Opens Rural Areas In Zambia To Investment
LUSAKA - Republican President Hakainde Hichilema has directed newly appointed Provincial Ministers to immediately begin opening rural areas to investment for economic growth and development.
Egypt, Siemens AG Sign $4.5bn Electric Train Deal
CAIRO — Egypt’s Prime Minister Mostafa Madbouly witnessed the signing of a contract with German Siemens AG to implement the 660 km electric train network in Egypt connecting Ain Sokhna, on the Red Sea coast, with Matrouh on the Mediterranean coast.
Zimplats Plans Massive Expansion After US$1.4bn Revenue Spike
Zimplats spent US$159.1 million on capital projects over the past year, and has laid out an even bigger budget on an expansion programme to grow platinum output.
Zimbabwe Plans To Develop 'Dream' Melfort Smart City
HARARE - Cabinet considered and approved proposals for the development of Melfort Smart City, which were presented by Minister of Public Service, Labour and Social Welfare Professor Paul Mavima, during the 29th cabinet sitting held on Tuesday in the capital.
IMF Disburses US$1 Billion Special Drawing Rights Fund To Zimbabwe
HARARE - The country on Tuesday received its US$1 billion allocation of Special Drawing Rights (SDRs) from the International Monetary Fund (IMF), with part of the critical recourses set to go toward revamping sectors such as health, manufacturing, education agriculture and minerals resource extraction.
Zimbabwe Raises Bar On Fortified Food Production
HARARE - Ministry of Health and Child Care, has strengthened its stance on the implementation of statutory instrument 120 of 2016 on food and food standards (food fortification regulations) in Zimbabwe.
