Articles tagged 'china'

Zim's warrant of arrest haunts Chinese tycoon 24 May 2018 HARARE -  Chinese national Yat Hoi Ning, who is accused of ripping off a mining company listed in London of US$2,76 million, has scored a lucrative deal from the South African government. In September last year, Ning was awarded an operator’s licence for the Musina-Makhado special economic zon...
'Chihuri looted diamonds worth millions of dollars' 10 April 2018 HARARE - Former police commissioner-general Augustine Chihuri allegedly seized a vault containing diamonds worth millions of dollars belonging to a company that was in partnership with the cops before he forcibly took its claim in the gem rich Chiadzwa fields, Parliament heard yesterday. Chihu...
Mnangagwa woos China investments 5 April 2018 HARARE - President Emmerson Mnangagwa is said to be hopeful that his current visit to China will unlock substantial investment and much-needed aid for Zimbabwe — as his administration bids to solve the country's economic crisis. Mnangagwa is on a week-long State visit to Beijing, where he has ...
Panic as net closes in on forex abusers 4 April 2018 HARARE - Despite feigning bravado in public, companies fingered in the externalisation of foreign currency and other assets are making a beeline for the Reserve Bank of Zimbabwe (RBZ) to negotiate relaxed deadlines within which they can rectify their positions. The Daily News can reveal that n...
President's foreign trips gobble millions 3 April 2018 HARARE - With Zimbabwe's leader Emmerson Mnangagwa in China for a seven-day State visit, his 13th foreign trip this year, his frequent travel abroad is stirring an outbreak of mass ridicule with some failing to differentiate him from his predecessor, the Daily News can report. Sworn-in as pres...
ED hires luxury Swiss plane to China 3 April 2018 HARARE - President Emmerson Mnangagwa opted to hire a luxurious private plane to travel to China, abandoning the struggling national airliner Air Zimbabwe (AirZim), which has a plane of the same size albeit with no similar luxurious trappings. In a cocktail of austerity measures meant to prese...
Opinion divided over President's travel 3 April 2018 HARARE - Opinion was starkly divided yesterday over President Emmerson Mnangagwa's jet-setting, which has made him a visitor in his own country. Mnangagwa has been aggressive in his external engagements, both regional and internationally. While his publicists argue that the visits were mean...
Chinese billionaire back in Zim for Zisco deal 22 March 2018 HARARE - Chinese billionaire investor Zhang Li - worth $3,9 billion according to Forbes - is back in Zimbabwe to pursue the deal to acquire government-run iron processor, Ziscosteel (Zisco). Zhang Li co-chairs real estate developer Guangzhou R&F — which has massive properties in 28 cities, mos...
China sets $175bn military budget 5 March 2018 BEIJING - China has announced a military budget of 1.11 trillion yuan ($175bn; £126bn) for the coming year. The figure, an 8% increase on last year, was announced as the annual meeting of parliament got under way in Beijing. Prime Minister Li Keqiang also set a target of 6.5% growth for the...
Legislator wants Long Cheng Plaza destroyed 18 February 2018 HARARE - Mabvuku-Tafara legislator James Maridadi has called for the demolition of Long Cheng Plaza — a shopping mall situated in Belvedere, Harare — saying its existence disturbs the natural ecosystem of the capital city's water supply. The mall was built by a Chinese company at an estimated ...
Shopping spree backfires for MPs 10 November 2017 HARARE - At least 17 MPs, who went to China on a shopping spree in 2014, are set to lose properties, after they failed to pay a local travel agent , Skycred (Private) Limited, a company that secured their flights to the Asian country. The Harare Magistrates’ Court has since issued warrants of ...
SOUTHERN NEWS | Govt, Chinese firm in $3m debt dispute 23 August 2017 HARARE - The Chinese company which built Beitbridge’s $40 million water purification plant has reportedly refused with the manual that gives information on how to operate the machinery, until they are paid a balance of $3 million. China International Water and Electricity has camped on site de...
Zim misses tobacco target 22 August 2017 HARARE - Zimbabwe is set to miss its tobacco 200 million kilogrammes target after farmers delivered 186,3 million kg of the golden leaf on Day 105 compared to 200 million kg delivered in the same period last year. At its peak, in 2000, the country produced 237 million kg before hitting an all-...
I helped Bona Mugabe: Mutsvangwa 12 August 2017 HARARE - Zimbabwe National Liberation War Veterans Association (ZNLWVA) chairperson Christopher Mutsvangwa has claimed that he assisted the First Family in facilitating the relocation of Bona Mugabe to Hong Kong after she was deported from Australia. Bona was deported from Australia in 2008 an...
Zim tobacco sales down 7,3pc 11 August 2017 HARARE - Zimbabwean farmers sold 184,5 million kg of the nation’s top export earner tobacco by day 99 of the selling season, which is 7,3 percent lower compared to 199,1 million kg received in  prior year, official data showed. Statistics from industry regulator Tobacco Industry and Marketing ...
Powerful quake strikes China 9 August 2017 BEIJING - A strong earthquake shook a mountainous region in southwestern China near a famous national park, killing 13 people, injuring 175 others and knocking out power and phone networks. At least five of the dead were tourists, China's official Xinhua News Agency said. At least 28 people ha...
Zim's tobacco exports tumble 13 July 2017 HARARE - Zimbabwe's tobacco export earnings tumbled two percent to $266 million by July 7 on lower prices and demand, an industry official said. Tobacco is Zimbabwe's single largest export commodity, ahead of platinum and gold. Andrew Matibiri, general manager at Tobacco Industry and Market...
China dog meat festival begins despite outrage 21 June 2017 YULIN - A controversial dog meat festival has begun in the Chinese city of Yulin, despite earlier reports it had been cancelled or toned down this year. The Lychee and Dog Meat festival takes place annually in Guangxi province. Earlier this year, US campaigners claimed that vendors had been...
China moves to end illegal wildlife trade 13 June 2017 HARARE - China, which recently announced plans to ban its domestic legal ivory trade, said it is committed to end illegal wildlife trade in Zimbabwe and the world. The Chinese Ambassador to Zimbabwe, Huang Ping, said his government attaches great importance to protecting wildlife species and c...
Construction of new Parliament to commence this August 9 June 2017 HARARE - National Assembly speaker Jacob Mudenda has written to a Chinese contractor responsible for building a new $46 million Parliament building in Mt Hampden that construction may start by August. Mudenda said the delay in the construction of the bigger Parliament — initially slated to sta...
Chinese abusing workers: ZCTU 8 May 2017 HARARE - Chinese nationals with businesses in the country are in the habit of ill-treating and abusing their employees, Zimbabwe Congress of Trade Unions (ZCTU) president Peter Mutasa said last week. Speaking at the commemorations for World Day for Safety and Health, Mutasa said complaints aga...
Hundreds protest against Chinese traders in Uganda 20 April 2017 KAMPALA - Hundreds of traders in Uganda's capital are protesting what they call unfair competition from Chinese investors operating retail businesses. The protest on Wednesday is backed by Kampala's mayor and other local officials. Many shops in downtown Kampala have been shuttered by their...
Red flag over airport project cost 23 March 2017 HARARE - The auditor-general (AG) has called for an investigation into the multi-million dollar Harare International Airport (HIA) rehabilitation tender awarded to a Chinese contractor, saying its cost was grossly inflated. The cost of the project — overseen by the Civil Aviation Authority of ...
Zim must pay its debt 20 March 2017 HARARE - Reserve Bank of Zimbabwe governor John Mangudya over the weekend reiterated the country's commitment to repay its external debts. “Zimbabwe owes many people money and we owe it to pay everyone; there is no favouritism. If you borrow money from the World Bank, you need to pay the World...
Chinese security firm invests in Zim 23 January 2017 HARARE - China's leading supplier of surveillance products, HIKVISION, has partnered Nations Hardware and Electrical to strengthen Zimbabwe’s security industry. Nations Hardware and Electrical manager Dusty Joosab said it was the company’s objective to provide unique and world class services i...