STANBIC Bank Zimbabwe (Stanbic) reported net interest income of ZWG374 million during the half year ended June 30, 2024, in line with the financial institution’s expectations. Stanbic chief executive Solomon Nyanhongo said this was supported by new foreign currency lending assets which were written during the period as demand for foreign currency facilities remained high….
THE People’s Own Savings Bank (POSB) says engagements on the resumption of its partial privatisation project commenced during the second quarter of 2024. The financial institution had been awaiting guidance from the Mutapa Investment Fund – its shareholders – on its partial privatisation. The state-owned financial institution is one of the entities that is earmarked…
Cloud FusireAT RUFARO STADIUMCAPS United…………………………………………… (1)1Yadah Stars……………………………………………….(0)1 VETERAN striker William Manondo took another step towards a second golden boot in three years after scoring his 12th goal of the season as CAPS United played to a one-all draw against Yadah Stars here yesterday. Manondo’s first half header off defender Eric Manokore’s free kick delivery saw…
LOG leaders MWOS FC maintained their seven point lead atop the Northern Region Soccer League log standings with a routine two-nil win over relegation threatened Zambezi Gas & Coal at Ngoni Stadium yesterday. The Punters, as MWOS FC are known by their legion of followers got both their goals in the first half to take…
Ashley Moyo moyoa@dailynews.co.zw AFRO-FUSION group The Outlaws clinched the top spot in the Chibuku Road to Fame Harare Province competition held in Chitungwiza over the weekend. The band won US$2 500 and earned the chance to represent Harare at the national finals, scheduled for November 9 in the capital. Mazwi, another afro-fusion group, secured second…
THE importance of digital technology for small-scale farmers cannot be over-emphasised particularly now when climate change is reshaping agricultural practices globally. Small-scale farmers are highly vulnerable to climate change because they largely depend on rain-fed agriculture, cultivate marginal areas, and lack access to technical or financial support that could help them invest in more climate-resilient…
FIVE people died on Saturday when Nissan Premeira vehicle travelling along Harare-Mukumbura Road in Mashonaland Central Province veered off the road and hit the victims as they were walking on the road side. National Police Spokesperson Assistant Commissioner Paul Nyathi confirmed the accident which occurred at the 90 kilometre peg. “The ZRP confirms a fatal…
By Stella Madzivanyika AUTHORITIES need to do much more to shore up the under-pressure ZiG and to stabilise prices, respected economist Eddie Cross has said. Commenting in detail at the weekend after the Reserve Bank of Zimbabwe (RBZ) devalued the ZIG from just under 14 to the US dollar to nearly 25, Cross said what…
METRO Cash and Carry, has opened a new branch in Bulawayo as part of a move by the leading wholesaler to ensure that affordable products are readily available. The wholesaler’s national head of sales and marketing for Metro Cash and Carry, Carl Kusada, told the Daily News on the sidelines of the official opening of…
POLICE and the Reserve Bank of Zimbabwe say they have intensified patrols on economic saboteurs who are continuing to fuel the rise of the parallel market. This comes as President Emmerson Mnangagwa last week warned unnamed individuals and institutions that are allegedly bent on sabotaging the country’s economy during a Zanu PF politburo meeting. At…
