AfDB backs Batoka Gorge hydropower scheme

The African Development Bank (AfDB) says it will finance the construction of the Batoka Gorge hydroelectric power station on the border between Zambia and Zimbabwe under a $20-billion development... 

Zim Ministries in tussle over coal, methane concessions

Zimbabwe's Ministry of Energy and Power Development has appealed to the Parliamentary Portfolio on Energy to assist it in regaining the coal and coal-bed methane gas special grants it held in the... 

Zimbabwe cracking down on unregistered engineers

The Engineering Council of Zimbabwe (ECZ) and the Zimbabwe Institution of Engineers (ZIE) have embarked on a nationwide programme to register all local and foreign engineers working projects across... 

Chinese group earmarks $20m for Zim ferrochrome smelter acquisitions

Chinese chrome processor Afro-Chine Smelting says it is to spend more than $20-million on acquiring and building six chrome smelters in Zimbabwe, two of which will be commissioned in the country's... 

Angolan SoE in Zim diamond mining joint venture

The Minerals Marketing Corporation of Zimbabwe (MMCZ) says it will soon conclude a joint venture (JV) agreement with Angolan State-owned company Katoka for the mining of diamonds in the Marange area. 

Zimbabwe in advanced rail rehabilitation talks with SA firm

The Zimbabwe government is negotiating with a South African company for a 'build, operate, transfer (BOT)' agreement in terms of which the company will rehabilitate the country’s 3 077-km-long... 

Zim power utility requires $300m to overhaul three power stations

Zimbabwe Power Company (ZPC) MD Noah Gwariro says the State-owned company needs at least $300-million to refurbish thermal power stations in Bulawayo, Harare and Munyati and to increase their... 

Investments into Zimbabwe fell sharply in 2012 on indigenisation uncertainty

The Zimbabwe Investment Authority (ZIA) says the country recorded a sharp fall in approved new investments to $930-million in 2012, from $6.6-billion in 2011, owing to economic uncertainty arising... 

Ghanaian company to mine gems in Zim’s Chiadzwa district in joint venture with State entity

Zimbabwe's Ministry of Mines and Mining Development has licensed Ghanaian mining house Ge Nyame to extract diamonds in the Chiadzwa concession under a 50:50 joint venture with the State-owned... 

Zim acts against companies holding on to coal claims for speculative purposes

Zimbabwe's Ministry of Mines and Mining Development says it is to carry out on-site inspections of all new mining coal mining companies' project sites and cancel special grants awarded to new coal...