Zimbabwe Situation

Source: Zimbos getting poorer: Survey -Newsday Zimbabwe A GROWING number of Zimbabweans are no longer able to save and are struggling to meet daily living expenses due to rising poverty with most citizens borrowing for subsistence, a latest FinScope Consumer survey shows. The survey was commissioned by the Reserve Bank of Zimbabwe. “The main barrier […] …
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A roundup of all the mining news in the precious metals sector with a variety of company news, mining sector analysis, newsletter writer insights and executive interviews. Source: Tharisa raises $32 mln via bond issue for Zimbabwe mine construction | Kitco News HARARE (Reuters) – Tharisa Plc has raised $31.8 million through a bond issue […] …
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Source: 6 million seeds to restore Zimbabwe’s woodland – La Prensa Latina Media   Harare  (EFE).- Six million seeds from indigenous trees in northern Zimbabwe have been collected to reforest swathes of natural woodland that tobacco crops and the felling of timber for fuel have decimated. “What we hope people will do is plant these […] …
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Source: Record low Kariba dam levels see Zimbabwe, Zambia facing drastic power cuts Kariba Dam with hydroelectric plants in Zambia and Zimbabwe. © Christian Heinrich/Getty Images Zimbabwe and Zambia both rely on lake Kariba – the world’s biggest dam – for the bulk of their hydro-electric supply. The record-low water level at present means electricity supplies […] …
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Online Reporter AT least 1 022 youths have undergone training through the Community Skills Outreach Programme under the Ministry of Youth, Sport, Arts and Recreation. Addressing Tuesday’s post-Cabinet briefing, Information, Publicity and Broadcasting Services Minister Monica Mutsvangwa said the programme is nearing completion. “The Community Skills Outreach Programme is at 84 percent of completion, with a total […] …
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Online Reporter  A United States of America solar energy company, Recovered Energy Resources, is looking to invest in Zimbabwe’s energy sector. After a meeting with Foreign Affairs and International Trade Minister, Ambassador Frederick Shava, on the sidelines of the US-Africa summit, the solar company’s president, Mr Bradley Schneider, said they were interested in building a […] …
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Minister Chitando Nelson Gahadza Senior Business Reporter Dallaglio Investments says US$18 million capital project works for its underground mine operations at Pickstone Peerless Mine in Chegutu are on target to start commercial production by April next year. The company is 50,1 percent owned by Victoria Falls Stock Exchange (VFEX)-listed Padenga Holdings and owns Breckridge Investments whose […] …
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Tapiwanashe Mangwiro Senior Business Reporter ZimbaSeed, a fairly new seed breeding firm on the Zimbabwean market, intends to start drying and packaging its seed varieties locally in a development the company expects to significantly reduce operating costs and seed prices. Agriculture contributes approximately 17 percent to Zimbabwe’s gross domestic product. As the main source of livelihood […] …
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Speaking during the launch of the SDG fund UN Zimbabwe Resident and Humanitarian Coordinator Edward Kallon the current energy challenges, coupled with climate challenges call for one unified solution — a rapid and extensive adoption of Renewable Energy technologies in the country. Trust Freddy and Ivan Zhakata The Government, in partnership with the United Nations […] …
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Group chief executive officer Morgan Nzwere Sifelani Tsiko Agric, Environment & Innovations Editor Seed Co Limited’s revenue for the half year to September 30, 2022 grew modestly by 5 percent to ZWL$8.4 billion from ZWL$8.1 billion last year in inflation adjusted terms. Group chief executive officer Morgan Nzwere said the company posted a ZWL$2.6 billion […] …
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