STANBIC Bank Zimbabwe shrugged off the prevailing economic environment to post a $49.9 billion inflation adjusted profit after tax for the year ended December 31, 2022, up by 180 percent from the prior year’s $17.8 billion. The set of results also saw the leading financial services institution posting a profit after tax of $71.7 billion…
THE government has declined to be drawn into the court battle between opposition leader Douglas Mwonzora and the Zimbabwe Electoral Commission (Zec). This comes after Mwonzora approached the Constitutional Court last month, challenging the constitutionality of Zec’s much-debated and since gazetted delimitation report. The MDC boss cited President Emmerson Mnangagwa, Justice minister Ziyambi Ziyambi and…
UNICEF has issued an alert of a possible cholera outbreak in the country before making an appeal for US$8 million for emergency responses to contain the spread of the communicable disease amid fears minors will be the most affected. This comes as Zimbabwe had since February this year recorded six cholera deaths, 281 suspected and…
THE Judicial Service Commission (JSC) has allocated new top-of-the-range Ford Ranger double cab vehicles and sedans to some of the country’s magistrates. This emerged this week as about 200 magistrates met in the resort town of Victoria Falls for the inaugural national magistrates’ conference. Addressing the magistrates on Thursday, chief magistrate Faith Mushure expressed her…
By Brandon Josphat PRESIDENT Emmerson Mnangagwa says the government will channel more financial resources to all local authorities to improve poor service delivery. Speaking in Gweru yesterday where he received a freedom of the city of Gweru honour, Mnangagwa said the failure by local authorities to improve service delivery had forced the government to intervene….
INVESTMENT expert Lionel Marumahoko says the African Continental Free Trade Area (AfCFTA) offers local small to medium enterprises (SMEs) an elastic market and vast growth opportunities. AfCFTA is the world’s largest free trade area bringing together 55 countries of the African Union (AU) and eight regional economic communities (RECs). Established in 2018 and operationalised in…
By Ketty Nyoni POLICE officers are undergoing training in public order, with 75 percent of the law enforcement agents reported to have been trained, as Zimbabwe readies for this year’s harmonised elections expected between July and August. This was confirmed by national police spokesperson Paul Nyathi while addressing the media in Harare yesterday at the…
