THE Reserve Bank of Zimbabwe (RBZ) says most financial services institutions have met the minimum capital requirements of US$30 million or local currency equivalent, ahead of the December 31 deadline as stipulated by law. Although there were fears that a number of commercial and foreign banks would struggle to meet the deadline due to the…
THE government yesterday said Zimbabweans must remain vigilant during the festive season and avoid large gatherings to guard against the spread of the Covid-19 pandemic. This comes as the country has been recording a rise in new infections due to the newly-discovered Omicron variant. Speaking to the Daily News on Sunday, Information minister Monica Mutsvangwa…
THREE armed robbers attacked a Beitbridge-bound bus on Thursday morning and got away with over R500 000, US$11 000 and other valuables belonging to passengers. Police said the robbers boarded the MT Transport coach in Harare and pretended to be passengers headed for Beitbridge, but when they got to Ngundu, Masvingo, one of the muggers…
Hazel Marimbiza MISS Albinism Zimbabwe, 2019 Ayanda Candice Sibanda, has resurfaced as the country’s representative at the sixth edition of Miss Africa Calabar beauty pageant contest slated for Nigeria early next year. Initially, the contest was supposed to be held this month but due to Covid-19 restrictions, the pageant has been moved to a date which…
Gerald Mutsvairo DESPITE the uncertainty surrounding Warriors’ participation at next year’s Africa Cup of Nations (Afcon) finals, Zimbabwe are not stopping and are in the process of scheduling friendly matches against Sudan and Ethiopia. Warriors’ participation at next month’s Africa Cup of Nations hangs in the balance after world football governing body Fifa gave the…
THE Buy Zimbabwe Company is earmarking a partnership with the Zimbabwe Institute of Foundries (ZIF) and the Environmental Management Agency (Ema) in buying scrap motor vehicle metal for recycling. Scrap car recycling is the process of deconstructing an end of life vehicle to extract valuable and recyclable components. By taking a car to a scrap…
A SUSPECTED kingpin linked to a serious drug syndicate in the country was arrested on Tuesday after he was allegedly caught with ecstasy tablets and marijuana at his home in Avondale in the capital. Farai Christopher Shingirayi Shonhiwa, 31, was not asked to plead to allegations of unlawful possession of dangerous drugs when he appeared…
LARGE crowds were still swamping shopping centres in most urban areas around the country yesterday, as many people made last minute dashes to supermarkets and other retail outlets for goods ahead of Christmas Day tomorrow. At the same time, the Consumer Council of Zimbabwe (CCZ) urged shoppers to spend their money responsibly during the festive…
A STRATHAVEN woman was arrested on Tuesday after she allegedly stabbed her husband several times after a domestic dispute before setting the house on fire in a bid to commit suicide. Skanyisiwe Nkomo, 34, was charged with attempted murder and negligent damage to property and was remanded on her hospital bed after she suffered burns…
DESPITE the high cost of raw seed, the Covid-19 pandemic and foreign currency challenges, Seed Co Limited has assured farmers that they are still developing pest-resistant seed varieties. Speaking in the group’s financial statement for the half year ended September 30, 2021, Seed Co chairperson, David Long said they have not stopped researching on seeds…
