- Ailing Zimbabwean coal-miner Hwange Colliery Company (HCC) says it has entered into a coke-processing joint venture with Chinese company Tiawuan. HCC MD Fred Moyo says the Hwange coal gasification project, which is being imple-mented under the build, operate and transfer model, will see Tiawuan running the coke plant for the first ten years, while Hwange will take over for the following 20 years. “The deal has a 30-year life-span. “Progress has been very good so far and we expect to meet the shareholders soon and then we will have a board meeting before we finalise the details,” Moyo says. He says HCC, with operations in Zimbabwe’s Matabeleland North provin…

- Bulawayo – As the dust settles after a long-drawn out march towards the political compromise settlement that was signed by Zimbabwe’s three main parties yesterday, a new storm is brewing over parliament where independent MP Professor Jonathan Moyo, backed by the smaller MDC faction, has challenged the election of MDC-T national chairman Lovemore Moyo to the job of Speaker of Parliament. Moyo’s election two weeks ago set off a political storm in which the Arthur Mutambara-led MDC accused nine of its MPs of ditching their party candidate Paul Themba Nyathi in favour of Moyo because they had been bribed to cross the floor. Sources inside the party said Moyo’s su…

Zimbabweans have received the news of a new deal between the country's rivals with pump and pageantry on Monday. They said it should pave the way for a process of economic recovery, national healing and the true beginning of the move towards a democratic, people-driven dispensation in the country. - The signing ceremony took place in Harare before regional leaders from Southern Africa, the African Union and representatives of the United Nations among others. “This deal was too long in coming. The leaders should have considered our suffering a long time ago. But this is still a good development. Now the challenge is for all leaders to roll out the promises they have been making …

Zimbabwe's coal-mining group, Hwange Colliery Company (HCC), may be forced to close within 40 years unless government reclaims the coalfields from Zimbabwe Power Company (ZPC), which has no capacity to exploit the huge concession it holds, a Ministry of Mines and Mining Development report says. - “The strong message from the assessment is that the company’s coal reserves have dwindled to critical levels. “There will no longer be any Hwange to talk about beyond the next 40 years,” the report says. It expresses concern about the allocation of huge concessions to ZPC and the rejection of HCC’s application for special grants to explore for coal in the Entuba…

- Zimbabwe’s coal-mining group, Hwange Colliery Company (HCC), may be forced to close within 40 years unless government reclaims the main portion of the coalfields from Zimbabwe Power Company (ZPC), which has no capacity to exploit the huge concession it holds, the Ministry of Mines and Mining Development says in a report. “The strong message from the assess-ment is that the company’s coal reserves have dwindled to critical levels. “There will no longer be any Hwange to talk about beyond the next 40 years,” the report says. It expresses concern about the allocation of huge concessions to ZPC and the rejection of HCC’s application for special grants t…