BULAWAYO City Council will next week unveil a new US$2m vehicle parking management system to decongest the central business district (CBD). The CBD had become overwhelmed by the volume of traffic. Cabinet recently approved a joint venture between the council and Tendy Three Investment (Pvt) Ltd (TTI) to implement the parking system. The company has…
Econet Wireless Zimbabwe has embarked on a network expansion programme that will see the country’s largest mobile network operator add 130 new…
THE tough monetary and policing measures taken by authorities over the past few weeks in a bid to rein in the harmful foreign currency parallel market appear to be bearing fruit. Surveys by Daily News crews at the weekend showed that black market rates have eased off to as low as $130 to the American dollar in…
COTTCO Holdings Limited says its 2021 intake stands at 114 656 metric tonnes (mt) against last year’s full output of82 479 mt as the white gold’s buying season draws to a close. In a quarterly trading update for the 2nd quarter ended September 30 2021, Cottco said its national seed cotton production is estimated to…
THE Hwange Local Board (HLB) says it is owed $36 million by the Zimbabwe Power Company (ZPC), claiming the debt has crippled its operations. HLB spokesperson Dumisani Nsingo told the Daily News last week that because of the money that it was owed, the local authority was struggling to meet its service delivery obligations as well as…
ZIMBABWE envoy to Nigeria, Ambassador Maxwell Ranga, last week met journalists and told them it was time to remove sanctions on his country imposed 20 years ago by the western world. Today, Sadc decreed it an anti-Zimbabwe sanctions day. Below are the excerpts of Ranga’s interview with Nigerian journalists. Q: Your Excellency, for many years…
NATIONAL Pharmaceutical Company of Zimbabwe (NatPharm) general manager Florah Nancy Sifeku and finance manager Rolland Milalazi, who allegedly illegally awarded a tender to Drax International LLC (Drax), have been removed from remand. The firm had been contracted to supply Natpharm with medicines and surgical sundries. Harare magistrate Vongai Muchuchuti-Guvuriro freed the two managers after the…
CASSAVA Smartech trading as Ecocash Holdings Zimbabwe’s loss in inflation adjusted terms slightly reduced to $1 billion for the year to February 2021 from $1,2 billion as the group accelerated its digital transformation journey in response to challenges brought by the Covid-19 pandemic. The group is also expected to resume trade on the Zimbabwe Stock…
EDUCATION authorities in Matabeleland South Province have urged parents and guardians to prioritise their children’s education regardless of the challenges they may be facing. The province has witnessed a large number of school drop-outs compared to other areas in the country, due to a number of reasons including long distances to schools, failure to pay…
THE government has expressed confidence that a pig artificial insemination station set up in Chegutu last week will help boost capacity to meet the country’s target of producing 18 000 tonnes of pork by 2025. The Value Chain Alliance for Livestock Upgrading Empowerment (Value) project is a European Union (EU) -funded initiative under the Zimbabwe…
