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Poachers decimate Zim elephants

HARARE – Elephant population in northern Zimbabwe’s Sebungwe District has declined by 75 percent due to poaching in the last decade, a wildlife conservation group Bumi Hills Foundation (BHF) has said. BHF — a non-profit organisation based in Kariba — said poaching was wreaking havoc in wildlife sanctuaries and hunting reserves. “Just 10 years ago…

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Urban tollgates unrealistic

  EDITOR — The residents are right in rejecting the introduction of urban tollgates that were proposed last week by the Local Government minister Saviour Kasukuwere. The suggestion by Kasukuwere that councils should install tollgates to collect revenue is just unrealistic and unfair to the already over burdened motorists who are just trying to keep…

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Liquidity, credit risk to persist — RBZ

HARARE – The Reserve Bank of Zimbabwe (RBZ) expects liquidity and credit risk to remain the main huddles confronting local financial institutions, amid indications that banks will achieve improved performances in the period to December 2016. In its latest report on the sector, the central bank said while the banking sector was anticipated to post…

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Billiat joins camp

HARARE – Mamelodi Sundowns and Warriors star midfielder Khama Billiat has finally started training with the rest of the national team after a tumultuous week in which he has made headlines for all the wrong reasons. Billiat, who has been in the country since the Absa Premiership went on Christmas break, was yet to join…

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Chitiyo headlines CAPS CL squad

HARARE – League Champions CAPS United have completed the capture of former Monomotapa midfielder Ronald Chitiyo and moved in swiftly to register him in their squad for the 2017 Caf Champions League campaign before Saturday’s deadline. The diminutive midfielder joined the Green Machine on a two-year deal after deciding against renewing his deal with Harare…

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Local artistes videos dominate Coke Top 50

HARARE – The ZBC TV Coke Top 50 was dominated by local videos in the top 15, a first in many years. The videos include Watora Mari (Jah Prayzah), Mukoko (Tytan Ft Ammara Brown), Bhachura (Ex Q Ft Ammara Brown), Disappear (Winky D), Shoko Rerudo (Trevor Dongo), Mudhara Achauya (Jah Prayzah), Zino Irema (Takura), Dherira…

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Gallery faces closure

HARARE – One of the country’s remaining art galleries, Gallery Delta has hinted on closing down following a significant decline in sales and the prevailing cash crisis. Located in the Harare Avenues area, the gallery could close anytime. Founder Derreck Huggins told the Daily News that if funding does not come soon, they will surely…

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$9,6m bond coins now in circulation

HARARE – About $9,6 million worth of bond coins is now circulating in the Zimbabwean financial system, after the country pumped over $6 million worth of the coins since September last year, the Reserve Bank of Zimbabwe (RBZ) said. With circulation of bond notes — backed by a $200 million Afreximbank facility and pegged at…

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Lacoste, G40 wars escalate

HARARE – Any hopes that there would be a let-up in Zanu PF’s vicious tribal, factional and succession wars in 2017 have evaporated before the new year has barely got out of first gear, with the ruling party’s two brawling camps going at each other hammer and tongs this week. On the one hand, the…

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MDC plans 2018 ‘election victory’

HARARE – The opposition Movement for Democratic Change (MDC) will later this month hold a policy conference, as next year’s make-or-break national elections beckon. Spokesperson for the Morgan Tsvangirai-led political outfit, Obert Gutu, told the Daily News  yesterday that the annual conference would culminate in the production of a policy document which would explain how…

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