Articles tagged 'china'

Miss World Zim still hopeful 5 December 2018 HARARE - With only three days left to the finals, Miss World Zimbabwe Belinda Hajirah Potts is now eyeing to charm the judges so that she can be selected as part of the final 30 girls who will compete for the Miss World crown in China. The finals are set for December 8 where 30 out of the 122 ...
China-US tensions rise ahead of G20 Summit 28 November 2018 BEIJING - Hopes this week's meeting between US President Donald Trump and his Chinese counterpart Xi Jinping at the G20 in Argentina will achieve a trade breakthrough are fading with analysts and business leaders expressing disappointment over intensifying tensions in the lead up to the summit. ...
Zim-China annual trade hits $1bn 21 November 2018 HARARE - Zimbabwe is looking at improving relations with China after annual trade between the two countries breached the $1 billion mark, a government official has said. Industry deputy minister Raji Modi said government is intensively working at ensuring Chinese investors have access to injec...
'China can assist in re-industrialisation' 19 November 2018 HARARE - China has the potential to finance Zimbabwe's re-industrialisation strategy following a significant increase in trade between the two countries, economic analysts have said. This comes as China's commercial success has been largely interpreted as the result of economic and political r...
Re-assigned Zanu PF bigwigs off to China for study tour 8 October 2018 HARARE - President Emmerson Mnangagwa's ruling Zanu PF is sending a delegation of party bigwigs to China and the sub-region to engage sister liberation movement to compare notes as to how their parties relate to government. This comes after Zanu PF bigwigs who failed to make it in Cabinet were...
Africa must cut trade deficit with China 24 September 2018 In the midst of the latest merry-go-round with China, once more foreign aid takes centre stage with a bouquet of loan offers, cancellations and grants concocted for the continent. This helps, but is far from the answer to Africa's medium and long-term development goals. The answer lies with...
Zimbos face the gallows in China 21 September 2018 HARARE - Twelve Zimbabweans — one man and 11 women — face the death sentence in China, unless President Emmerson Mnangagwa's government moves with speed to operationalise a prisoners' exchange programme with the Asian economic giant, the Daily News has been told. China has a mandatory death pe...
Trump slaps tariffs on $200bn of China goods 18 September 2018 US President Donald Trump has said he will impose 10 percent US tariffs on about $200bn worth of Chinese imports, but he spared some consumer products. The new tariffs will take effect from September 24, Trump said in a statement on Monday. It will increase to 25 percent on January 1 unless th...
We need real deals 8 September 2018 HARARE - President Emmerson Mnangagwa’s recent trip to China did not yield major deals as what some people and the media want us to believe. The president met his Chinese counterpart Xi Jinping at the 2018 Beijing Summit of the Forum on China-Africa Cooperation (Focac) where the two leaders ar...
Africa should be wary of Chinese debt 3 September 2018 BEIJING - African countries have shown a healthy appetite for Chinese loans but some experts now worry that the continent is gorging on debt, and could soon choke. The Entebbe-Kampala Expressway is still something of a tourist attraction for Ugandans, nearly three months after it opened. Th...
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 ...