CHINESE ZISCO RESCUE DEAL ON ICE

THE $1 billion Zimbabwe Iron and Steel Company (Zisco) project is on ice pending Government and the Chinese investor R and F reconciling a number of issues underpinning the deal, a Cabinet Minister has said.

Industry and Commerce Minister Mangaliso Nd…

THE $1 billion Zimbabwe Iron and Steel Company (Zisco) project is on ice pending Government and the Chinese investor R and F reconciling a number of issues underpinning the deal, a Cabinet Minister has said. Industry and Commerce Minister Mangaliso Ndlovu yesterday said Government was waiting for a response from the investor on a number of issues that needed clarification. He said Government

SURGICAL OPERATIONS SUSPENDED YET AGAIN

THE United Bulawayo Hospitals (UBH) was over the weekend forced to suspend surgical operations due to water challenges affecting the health institution.

This is the second time in a month the hospital has suspended surgical operations due to water pro…

THE United Bulawayo Hospitals (UBH) was over the weekend forced to suspend surgical operations due to water challenges affecting the health institution. This is the second time in a month the hospital has suspended surgical operations due to water problems. In an interview yesterday, the hospital’s chief executive officer, Mrs Nonhlanhla Ndlovu, confirmed that surgical operations had to be

BRIEF CASE FIRM DUPES COUNCIL OF $200K

THE Bulawayo City Council has located the directors of a Harare-based brief case company which duped the local authority of more than $200 000 in a botched ambulance deal and has since initiated civil court proceedings to recover the money.

The BCC in…

THE Bulawayo City Council has located the directors of a Harare-based brief case company which duped the local authority of more than $200 000 in a botched ambulance deal and has since initiated civil court proceedings to recover the money. The BCC in 2010 entered into a $340 000 deal with Axis Medical Corporation for the supply of ambulances and paid an advance of $205 000 before the company

NATIONAL SPORTS STADIUM, BARBOURFIELDS CONDEMNED

THE Confederation of African Football (Caf) has recommended improvements to Barbourfields Stadium and the National Sports Stadium for the two facilities to meet the continental body’s standards before being certified.

Caf deputy secretary-general for …

THE Confederation of African Football (Caf) has recommended improvements to Barbourfields Stadium and the National Sports Stadium for the two facilities to meet the continental body’s standards before being certified. Caf deputy secretary-general for football and development advised Zifa that the Zimbabwean facilities, inspected at the beginning of the month, have almost similar shortcomings,

Zimbabwe promises fiscal discipline as it launches new currency

HARARE (Reuters) – Zimbabwe’s new currency will be backed up with fiscal discipline, Finance Minister Mthuli Ncube said on Monday, adding that the government would allow the RTGS dollar to fluctuate but would manage excessive […]

HARARE (Reuters) – Zimbabwe’s new currency will be backed up with fiscal discipline, Finance Minister Mthuli Ncube said on Monday, adding that the government would allow the RTGS dollar to fluctuate but would manage excessive [...]