Mining

Zim looks to court wary investors at mining bash

From dailynews HARARE - Zimbabwe hosts a key mining conference next week in a bid to attract new foreign investors into the market, which it hopes will stimulate economic growth. The sudden and rapid developments in Zimbabwe late last year, which saw the military essentially remove former President Robert Mugabe and subsequently elevate Emmerson Mnangagwa to the top post, have ushered in a new opportunity for the country to achieve its economic potential as a powerhouse in the region. The president has repeated his mantra since his inauguration that "Zimbabwe...
Investment Opportunity

Harare seeks $650m for water revamp

From dailynews Harare City Council has said it requires $650 million for the rehabilitation of the city’s water distribution network. In an interview with the Daily News, director of water and acting town clerk Hosea Chisango said the network was in bad shape as most of the pipes were over 60-years-old. This comes as Korean firms and Zimbabwe Diaspora community have expressed interest in investing in the city’s water supply and distribution infrastructure. “We need to do a lot on the distribution network so that we cut down on the...
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