Tourists are safe in Zimbabwe: ZTA

Tourists are safe in Zimbabwe: ZTA

By Daniel Chigundu ZIMBABWE Tourism Authority (ZTA) says both local and international tourists are safe to travel to the country’s attraction centres adding that the post-election violence experienced last week does not pose a threat. According to ZTA, the protests were only experienced in Harare’s Central Business District and did not affect the country’s tourist attraction centres. In a statement to the media, ZTA said while the events are regrettable, they, however, did not in any way affect the country’s “safe destination status” “The Zimbabwe Tourism Authority (ZTA) would like…

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AFDB ponders US$21m for agricultural value chain

AFDB ponders US$21m for agricultural value chain

THE African Development Bank (AFDB) board of directors is considering a US$21m Agricultural Value Chain Project for Zimbabwe (AVCP) which is expected to promote infrastructure rehabilitation and value chain development of improved crop and livestock production. According to AFDB country manager for Zimbabwe Damoni Kitabire the project will also indirectly benefit value chain players through job creation. “The Bank is currently preparing an Agricultural Value Chain Project (AVCP), estimated total cost of USD 21.30 Million. The project is awaiting approval by the Board of Directors and shall be communicated in due…

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ED in narrow win

ED in narrow win

By Daniel Chigundu ZANU PF Presidential candidate Emmerson Mnangagwa won the 2018 harmonised election after garnering 50.8% votes against Nelson Chamisa’s 44.3%. Mnangagwa becomes the second President of the Republic of Zimbabwe following the ouster of Robert Mugabe in November last year through Operation Restore Legacy. According to ZEC, the Zanu PF candidate got 2 460 463 votes, while top rival Chamisa was close at 2 147 436. In terms of provinces, MDC Alliance won Harare, Bulawayo, Matabeleland North and Manicaland, while Zanu PF got Masvingo, Mashonaland East, Matabeleland South,…

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“Blackman” wins Kwekwe Central

“Blackman” wins Kwekwe Central

By Daniel Chigundu FORMER Zanu PF legislator Masango Matambanadzo has won the Kwekwe Central Constituency seat beating MDC Alliance favourite Blessing Chebundo. Matambanadzo was recalled from Parliament during the 5th session of the Eighth Parliament of Zimbabwe after he was expelled from Zanu PF for allegedly belonging to the ousted G40 faction. According to statistics released by the Zimbabwe Electoral Commission (ZEC), Matambanadzo polled about 7800 votes against Chebundo’s 7100 votes. We are back with another set of results as promised Posted by Open Parly ZW on Tuesday, July 31,…

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Ballot paper negotiations set for Tuesday

Ballot paper negotiations set for Tuesday

By Daniel Chigundu MDC Alliance Presidential candidate Nelson Chamisa says they are expecting to solve the sticking issue of ballot papers with the Zimbabwe Electoral Commission (ZEC) on Tuesday. Political parties met with ZEC on Friday under the Multi-party liaison Committee to try and find consensus on various sticking points, but they could not finish the topical issue of ballot papers. Chamisa wants ZEC and political parties to first agree on the design of the ballot, paper to be used, storage, distribution and also inspection of the printing process before…

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We will continue to open more mines

We will continue to open more mines

By Daniel Chigundu PRESIDENT Emmerson Mnangagwa says his government will continue to reopen closed mines in an effort to increase gold output. Zimbabwe is blessed with vast gold reserves but most mines are currently closed or are under care and maintenance owing to challenging operational environment. This has seen government relying on small miners who have done well despite lack of sophisticated equipment and adequate resources. Addressing party supporters at Rimuka Stadium in Kadoma during a political campaign rally, President Mnangagwa said he was proud of the small miners but his…

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Consensus building has failed: Chigumba

Consensus building has failed: Chigumba

By Staff Reporter Zimbabwe Electoral Commission (ZEC) chairperson Priscilla Chigumba says even though they have gone out of their in trying to be inclusive, it is now clear that consensus building has failed. The commission has been engaging with the various stakeholders and political parties with a view to building consensus with regards to processes leading to the 2018 elections. However, instead of finding each other, it is now evident that the rift is slowly growing especially with opposition parties and other civil society organisations that work and monitor election…

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Africa Sun revenue up 30%

Africa Sun revenue up 30%

By Staff Reporter HOSPITALITY group Africa Sun recorded a 30% increase in revenue for the first five months of 2018 against the prior period buoyed by increased foreign arrivals. Giving a trading update at the annual general meeting managing director ED Shangwe said the impending election would drive business as foreign observers had begun arriving in the country. He said the new dispensation had also changed the perception foreign travelers had on the destination evidenced by the growth in arrivals since the dramatic events of November. “Revenue up 30% to…

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Mining sector requires US$11B

Mining sector requires US$11B

By Ndafadza Madanha THE mining sector requires a staggering US$11 billion to carry out new projects, bolster production and reopen closed mines. Since ushering of the new dispensation several international and local investors have expressed interest in investing in the lucrative but capital intensive sector. According to Zimbabwe Chamber of Mines chief executive Issac Kwesu the needs of the sector have grown from US$5b estimated in January to the current US$11b owing to the growing interest shown by investors and deals inked. He said the bulk of the money required…

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Business anxious at FDI prospects …..fear economic empowerment agenda maybe discarded

Business anxious at FDI prospects …..fear economic empowerment agenda maybe discarded

By Ndafadza Madanha GOVERNMENT’s vigorous effort to lure Foreign Direct Investment (FDI) under the “Zimbabwe is open for business” mantra has unnerved local businesses who fear the new thrust could sink the economic empowerment agenda. Local business fear if government successfully lobbies international business to invest in the country they will be caught flat footed as the bulk of them have not retooled and are still to reap full dividends of the various protectionist policies put in place by the previous regime. Business has called upon government to ring fence…

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