$7bn, borehole rig boost for Bulawayo water

Sikhumbuzo Moyo, smoyo@chronicle.co.zw  GOVERNMENT has availed $7 billion and a borehole drilling rig for Bulawayo as part of short to medium-term interventions to address the city’s water shortages while pushing the Lake Gwayi-Shangani project, which is expected to start pumping water to the city next year. The $7 billion fund will be channelled towards repairing broken-down […] …
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US$50m buffer fund to boost farmer payments

Nqobile Tshili, nqobile.tshili@chronicle.co.zw GOVERNMENT is in the process of setting up a US$50 million crop buffer fund administered by the AFC Bank to expedite payments to farmers who usually experience challenges due to delays in payments for grain deliveries to the Grain Marketing Board (GMB). Lands, Agriculture, Fisheries, Water and Rural Development Minister Dr Anxious Masuka […] …
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COMMENT: Second Republic on right path to bust sanctions

President Mnangagwa has said the Second Republic’s engagement and re-engagement policy is opening new avenues for co-operation and strategic synergies that has seen the country enjoying development and economic growth despite the illegal economic sanctions.  Addressing congregants that attended the 7th edition of the annual National Thanksgiving and Dedication Service in Bulawayo at the weekend, […] …
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AfDB avails US$5,32 million grant

Nqobile Bhebhe, nqobile.bhebhe@chronicle.co.zw THE African Development Bank (AfDB) has availed a US$5,32 million grant to Zimbabwe to finance the Institutional Support for State Enterprise Reform (ISSER) project.   The principal objective of the project is to strengthen governance and management of public entities thereby reducing fiscal risks and facilitating economic recovery. In a recent update, AfDB […] …
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