Business

Masvingo invests millions in heavy machinery

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MASVINGO City Council has procured US$1.2 million worth of heavy-duty machinery to accelerate road construction and fast-track relocating the city’s dumpsite.Speaking to the Daily News On Sunday yesterday, Masvingo mayor Aleck Tabe said the investment demonstrates the local authority’s commitment to modernising operations and delivering quality services more efficiently.“The acquisition of this state-of-the-art equipment is…

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State urges stronger support for SMEs

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Hazel Marimbiza AUTHORITIES have implored stronger institutional support for small businesses to formalise operations, boost tax compliance, and unlock sustainable long-term growth.Speaking during the launch of the Zimbabwe Entrepreneurship Exchange (ZEEX) on Friday, the minister of Women Affairs, Monica Mutsvangwa, said many entrepreneurs were willing to comply with regulations and contribute to national development, but…

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Hezy Motors founder remanded over US$1m fraud

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RUTENDO NGARA THE founder of Hezy Motors Logistics was remanded in custody yesterday after allegedly defrauding 79 clients of nearly US$1 million in a vehicle import scam.Hazel Silibaziso Mafu, who faces charges of fraud, was remanded in custody until tomorrow for her bail application hearing.The State alleges that from 2022 to date, Mafu marketed and…

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Diplomats must protect national interests: Murwira

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GOVERNMENT has told Zimbabwean diplomats to keep national interests central to their work while promoting peace, security, economic prosperity, and social cohesion.Speaking at the Zimbabwe Foreign Service Institute (ZFSI) general meeting in Harare on Friday, the minister of Foreign Affairs, Amon Murwira, said the country’s diplomacy should be firmly anchored on the constitution and focused…

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HCCL revives coke production after hiatus

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Hazel Marimbiza HWANGE Colliery Company Limited (HCCL) has recommissioned its rehabilitated coke oven battery, resuming coke production after a 12-year hiatus to boost mineral beneficiation.HCCL Holdings yesterday said the project represented more than the reopening of a production facility, describing it as a key step towards increasing value addition from Zimbabwe’s abundant coal resources.“Today marks…

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Centre promotes heritage based learning

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Tapiwa Chirume A WOMEN-LED initiative in Zvimba is pioneering heritage-based education and modern agricultural training to promote community development and economic self-reliance.Named KwaMasi Community Centre of Excellence, the hub, founded by food security specialist Linda Gabriel, regularly hosts school children in addition to organising community workshops on various issues linked to the local economy.“The name…

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Zimbabwe joins BRICS New Development Bank

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BIGHTON MURONZEREYI ZIMBABWE has secured admission as a borrowing member of the BRICS New Development Bank, unlocking vital alternative sources of long-term international development financing.In a statement yesterday, the minister of Finance, Mthuli Ncube, said the country’s admission provides an alternative source of development financing for economic growth.“Government wishes to advise that the Republic of…

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Harare boosts water supply with upgrade

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Tapiwa Chirume HARARE will commission the Darwendale Pump Station next week, boosting capital water production from 350 to 520 megalitres daily to ease shortages.The commissioning follows the completion of major rehabilitation works at the Darwendale Dam Water Intake, where engineers were carrying out final mechanical and electrical tests ahead of bringing the upgraded facility into…

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