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RBZ reassures investors on rate stability

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THE Reserve Bank of Zimbabwe (RBZ) has reassured investors that exchange rate instability is being addressed, as authorities intensify efforts to attract impact-driven capital.Speaking at an investment forum in Bulawayo yesterday, RBZ deputy governor Innocent Matshe said exchange rate stability remained central to building investor confidence and unlocking long-term capital.“No investor, impact-oriented or otherwise, will…

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Sugar tax to lift hospitals

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THE government is channelling nearly US$60 million from the sugar tax towards the refurbishment of provincial and central hospitals in the country.Speaking to the Daily News — the country’s most influential newspaper — the minister of Health, Douglas Mombeshora, confirmed the move yesterday saying renovations had already started in some hospitals.This comes at a time…

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Life & Arts

Chirisa takes comedy show on tour

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AFTER his recent sold-out show in Bulawayo, rising comedian Frank Chirisa is now confident of taking his Thirty Minutes with Chirisa on tour as he builds on the momentum of a break­through performance that has elevated his profile. The show exceeded expecta­tions, with demand outstripping seating capacity and forcing some attendees to stand for the…

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Food security remains fragile: WFP

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THE World Food Programme (WFP) says the country’s food security situation remained fragile last month due to uneven rainfall and rising prices of basic goods.In its latest report released recently, WFP said many families were struggling to meet their food needs as household stocks deplete.“Across the 19 monitored districts, the food security and livelihood situation…

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Zimbabwe, Botswana eye passport-free travel

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THE country is pushing for easier travel between Zimbabwe and Botswana with the possible use of national identity cards instead of passports as part of efforts to boost regional integration, trade and tourism between the two nations.Speaking during the Bi-National Commission (BNC) ministers meeting in Harare yesterday, the minister of Foreign Affairs, Amon Murwira, said…

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Life & Arts

Agga eyes regional breakthrough

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FOLLOWING his selection for Music Imbizo in South Africa, Afro-fusion artiste Agga Nyabinde has set his sights on making significant inroads across the region and beyond.Agga told this publication that Music Imbizo, slated for later this year in Durban, presents a key platform to promote his musical brand.“Our new band, Kashe Groovers, is about taking…

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Indonesia expands strategic cooperation with Zimbabwe

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INDONESIA is seeking to broaden economic and cultural cooperation with Zimbabwe in a bid to deepen bilateral ties and unlock new commercial opportunities.Speaking to the Daily News at their Zimbabwe International Trade Fair (ZITF) exhibition stand, the ambassador of Indonesia to Zimbabwe, Arief Hidayat, said the annual expo provided a valuable platform for collaboration.“We believe…

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Chivayo withdraws Parly pledge

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BUSINESSMAN Wicknell Chivayo has withdrawn his US$3,6 million pledge to Parliament, replacing it with a US$5 million commitment to Zanu PF.The move follows fierce condemnation from the Zanu PF youth league, which accused Chivayo of bypassing party protocols.In a social media statement yesterday, Chivayo admitted surprise at the backlash, particularly from party leadership, regarding his…

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Farm worker jailed for murder

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A 38-YEAR-OLD Hwange farm worker,Gideon Chitanga , has been sentenced to 20 years in prison after the High Court found him guilty of murdering a fellow worker.Gideon Chitanga recently appeared before Justice Evangelista Kabasa and was convicted following a full trial.He had pleaded not guilty to the charge of murder as defined in the Criminal…

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19 years for killing ex wife

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A 35-YEAR-OLD man from Hwange has been sentenced to 19 years in prison after being convicted of murdering his estranged wife in a stabbing incident.Khulekani Mpofu was found guilty of murder by the High Court sitting in Hwange, presided over by Justice Evangelista Kabasa, following a full trial.He was sentenced to 19 years imprisonment.The court…

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