Zimbabwe signs deal with Russia’s Rosatom to tap nuclear energy

ZIMBABWE – The government of Zimbabwe and Russia’s State Atomic Energy Corporation (Rosatom) have signed a memorandum of understanding (MoU) to explore nuclear generation as the Southern African nation seeks to cut its reliance on hydroelectric power. “The anticipated cooperation in the use of nuclear energy for peaceful purposes will provide alternative sources of energy which Zimbabwe needs,” Information Minister Monica Mutsvangwa said in an emailed statement to the press. The country’s co-operation with Rosatom, Russia’s state-owned nuclear company, will also explore the feasibility of constructing a nuclear science and…

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Commercial Bank of Zimbabwe invests US$7.57m in winter wheat production

ZIMBABWE – The Commercial Bank of Zimbabwe (CBZ) and private partners in the country will this year fund the winter wheat production under contract farming by the government to the tune of ZWD 2.74 billion (US$7.57m). According to Vice President Constantino Chiwenga, an increased yield of 415 000 metric tonnes is expected, surpassing the required 400, 000 metric tonnes achieved annually. The government will increase the planted area to 80, 000 ha from last year’s 24, 184 ha with CBZ farming 65, 000 ha whilst the private sector 15, 000…

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