🇿🇼ZimbabweSouthern Africa
Shuntai and CBMI sign Zvishavane cement expansion deal in Beijing
via NewsDay Zimbabwe1 min read
Shuntai chairperson Xing Mingchang and CBMI managing director Zhang Sicai recently signed an agreement in Beijing for the expansion of cement production in Zvishavane. This deal is part of broader economic news from Zimbabwe, which includes discussions around the controversial CAB 3, concerns about political tensions leading to violence and evictions at grasslands plots, and the stability of the VFEX despite underlying value issues. Other news highlights include the government extending the winter wheat planting deadline, the impact of March rains on crop conditions, and local firms targeting the Zambian market for exports.
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This summary was AI-generated from a story originally published by NewsDay Zimbabwe.
Afreximbank has named Olowononi as its new Southern Africa chief. This appointment is part of broader regional news, which also includes predictions that Africa could become the world's largest outsourcing hub, and local Zimbabwean developments such as the government's extension of the winter wheat planting deadline and the impact of March rains on crop conditions. Other topics in the news include discussions around Zimbabwe's constitutional processes, political tensions, and the role of AI in the country's economic future.
Must ReadJW Oliver has predicted that Africa has the potential to become the world's largest outsourcing hub. This forecast suggests a significant shift in global outsourcing trends, positioning the African continent as a major player in the international market for outsourced services.
Must ReadThe Zimbabwe Revenue Authority Zimra has clarified that civil servants are paid through taxpayer contributions. Meanwhile, Harare is grappling with a significant housing crisis, potentially displacing thousands of residents. The government has extended the deadline for winter wheat planting, and recent March rains in 2026 have improved some crop conditions in Zimbabwe. Political tensions are escalating over the proposed Constitutional Amendment Bill CAB 3, with debates reportedly marred by threats and questions surrounding its process. Separately, Shuntai and CBMI have signed an agreement in Beijing for a cement expansion deal in Zvishavane. In sports, BT is back and Ngarava is recovering as the Chevrons prepare for Bangladesh. A truck driver linked to US$1.2 million in dagga has been remanded in custody, and Zimbabwe is under scrutiny regarding a US$1 billion illegal weapons industry in Africa.
Police have disrupted a suspected cross-border drug trafficking ring after intercepting nearly two tonnes of dagga, valued at over US$210,000, at the Beitbridge Border Post. Thapson Ndou, 64, was arrested on Thursday after being caught driving a haulage truck carrying 1.9 tonnes of dagga. The truck, with registration number AGK 0535, has been seized as investigations continue to identify and apprehend other suspects linked to the smuggling network. The Zimbabwe Republic Police stated that this arrest highlights their ongoing efforts to dismantle drug trafficking syndicates operating through Zimbabwe's border posts, reiterating their commitment to fighting drug peddling and trafficking.