Zimbabwe’s “Helicopter Inventor” Begs Govt To Fund His Party

By Dorrothy #Moyo| Zimbabwe’s helicopter “innovator”, Daniel Chingoma has begged for financial assistance for his new party. Chingoma makes an appeal in the below video saying people should consider supporting his Zimbabwe and Technological Revolutionary party, ZITA. He is contesting for the upcoming 2018 elections. “Our party represents the nation’s wealth and industry,” he says… VIDEO: [embedded content] If our services have assisted you, our work would be much more secure with your help – For as little as £5, you can support ZimEye – and it only takes a minute. …

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‘Reconstitute HCCL board’

Zim latest news my harare times

By Prosper Ndlovu The Hwange Colliery Company board should be immediately reconstituted as it lacks capacity and experience to transform the ailing giant coal mine, the Parliamentary Portfolio Committee on Mines and Energy has said. Hwange Colliery Hwange Colliery has posted a series of losses in the last few years, being saddled by a legacy debt of $352 million and owes workers about $70 million in salary arrears. Recently, the board suspended managing director, Mr Thomas Makore, accusing him of insubordination and corruption. In a latest comprehensive report issued last…

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Uebert Angel launches energy drink

Zim latest news my harare times

A few weeks after splashing out over 1 million Euros on a hotel in France, prominent preacher and entrepreneur Uebert Angel has launched a new energy drink called BLACK cipher GOLD. A few weeks after splashing out over 1 million Euros on a hotel in France, prominent preacher and entrepreneur Uebert Angel has launched a new energy drink called BLACK cipher GOLD. The energy drink manufactured in Europe will be sold to both European and African markets. The drink will be packaged in 200ml, 250ml and 500ml cans. Nehanda Radio understands…

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EU Should Push to Protect Rights in Diamond Trade

BRUSSELS, – Next week (June 18-22) the European Union hosts governments, the diamond industry, and nongovernmental groups in the diamond-trading city of Antwerp to take stock of the Kimberley Process, the certification process set up nearly two decades ago to end the trade in “blood diamonds.” But the Kimberley Process is not up to the task. The European Union-currently the chair of the Kimberley Process-should push for change to improve the protection of human rights starting with mining and throughout the entire supply chain. Far away from Antwerp, villagers in…

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Sino-Zimbabwe Cement Co to construct 300 houses in Gweru

Zim latest news my harare times

On Jun 13, 2018 0 0 By Lovemore Zigara Gweru-based cement maker, Sino Zimbabwe Cement Company (SZCC), plans to construct about 300 housing units at its Indiva Farm site on the outskirts of Gweru. Sino Zimbabwe Cement Company in Gweru The company, a joint venture between the Zimbabwe and Chinese governments, said construction of the housing project will depend on the completion of the brick and tile plant the company is constructing near its cement plant. Mr Yong Wang, the SZCC managing director, said the availability of more land by…

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Full Text: James Makamba Refutes He Sold Telecel Shares Or Resigned As Chairperson

The saga as Telecel Zimbabwe seems to be ongoing after businessman James Makamba disputed reports that he resigned as Telecel chairperson at an Extraordinary General Meeting held last week. Makamba has been involved in a battle for control of some of the shares in Telecel with his former lawyer Gerald Mlotshwa.  His lawyers Chinyama & Partners released a statement saying: RE: STATEMENT OF FACTUAL POSITION We have been instructed by Dr. James Makamba our client and owner of investment vehicle known as Kestrel Corporation (Private) Limited to correct certain factual…

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Rising confidence drives hotel occupancy levels

The Herald Livingstone Marufu #Business ReporterOCCUPANCY rates for Zimbabwean hotels have risen significantly since beginning of the year on the back of growing confidence in Zimbabwe after President #Mnangagwa was sworn into office in November last year. This comes amid growing number of foreign investors stampeding for a “front row seat” to explore opportunities in various sectors of Zimbabwe’s economy, encouraged by President Mnangagwa’s “Zimbabwe is open for business” mantra since his administration took over the reins late last year. President Mnangagwa told delegates gathered for the official opening of…

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Tobacco farmers gross over $500m

The Herald Livingstone Marufu #Business ReporterTobacco farmers have grossed $515,1 million from 177,8 million kilogrammes that have been delivered 52 days into the 2018 marketing season, a gain of more than $95 million on revenues realised during the same period a year ago. During the same period in 2017, farmers earned $420,6 million after delivering 145,8 million kg. According to Tobacco Industry and Marketing Board (TIMB) daily tobacco trade updates of the $515,1 million earned so far, contracted farmers have earned $440,4 million after a delivery of 151 million, with…

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Chimata Gold and Zimbabwe Partner Completes Planned Drilling Activities at the Kamativi Tailings Site

VANCOUVER, Canada,–Zimbabwe Lithium Company (Mauritius) Limited has completed the auger drilling program at the Kamativi Tailings Project Zimbabwe. The 1,500 metre drill plan was undertaken in order to determine the potential size and grade of a Mineral Resource as this term is defined in National Instrument 43-101 – Respecting Standards of Disclosure for Mineral Projects. Tailings Site Update Zimbabwe Lithium has been delivering samples for assay throughout the drill campaign and all necessary export permit approvals have been obtained to allow the export of the drill samples to SGS South…

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