Articles tagged 'funding'

Govt courts global investors for State firms privatisation drive 8 October 2018 HARARE – Government is seeking global investors to engage in the privatisation of struggling State-owned companies as part of wide-ranging reforms set in motion by President Emmerson Mnangagwa since he came to power, the Finance and Economic Planning minister Mthuli Ncube has said. A former ba...
Cash-strapped Intwasa feels the heat 6 August 2017 BULAWAYO - Cash-strapped Intwasa Festival koBulawayo, the City of Kings' premier annual arts event, is reeling under serious financial challenges that have forced the annual showcase to reduce to a three-day event instead of the usual five. The multi-disciplinary Intwasa, which will run at var...
Zim not due for credit lines: Chinamasa 24 November 2016 HARARE - Zimbabwe will not get funding from international lending institutions until it clears all its debts with creditors including the World Bank and the African Development Bank (AfDB), Finance minister Patrick Chinamasa has said. There was hope in President Robert Mugabe's cash-strapped g...
Zim seeks $60m for Airport road 26 November 2015 HARARE - Zimbabwe is seeking at least $60 million to complete the construction of the Harare International Airport Road, Transport minister Joram Gumbo has said. Gumbo told journalists yesterday at the official opening of the road that after completing the first phase of the road, at a cost of...
Outrage over Harare City funding 7 February 2014 HARARE - residents have reacted with outrage over disclosure that the City of Harare funds its top-flight football club to the tune of $1.6 million, apparently at the expense of ratepayers. Norman Markham, the council's finance committee chairperson, resigned from his post this week in protest...