Government and Evergreen Energy sign MOU By John Nhandara THE government has entered into a partnership with a private contractor, Evergreen Energy for the construction of a 100-megawatt solar power…
Month: September 2022
Horticulture industry revival gets boost
By Stanley James ZIMBABWE’S horticulture industry has received a major boost set to spur its revival after Treasury unveiled a US$30 million revolving facility for the sector. The facility is…
Netball wing attacker looks ahead to World Cup debut
By Anashe Murombedzi ZIMBABWE netball team wing attacker Beaular Hlungwane is bubbling with confidence as she looks forward to her world cup debut in South Africa next year. Having gone…
DPC compensates loss for 2019 currency devaluation
By Tichaina Kurewa THE Deposit Protection Corporation (DPC) has paid over US$200 000 to depositors as compensation in respect of loss of value due to the change of currency in…
Invictus Energy raises extra US$17 million for drilling
By Stanley James, Business Editor AUSTRALIA Stock Exchange listed Invictus Energy has mobilised an additional US$17 million to fund the drilling of two exploration wells at the Muzarabani Oil and…
China forgives debt for 17 African nations
China will forgive 23 loans for 17 African nations, China’s foreign minister Wang Yi has announced. “China will waive the 23 interest-free loans for 17 African countries that had matured…