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7 die in Mazowe mine gas explosion

SIX foreign nationals and one local died on Thursday after gas cylinders exploded at SAS Mine in Lowdale, Mazowe. Zimbabwe Republic Police (ZRP) national police spokesperson Paul Nyathi, yesterday confirmed the incident. “ZRP is investigating the circumstances in which six foreign nationals as well as a Zimbabwean died when some gas cylinders exploded at SAS…

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Business

‘Interest rates choking farmers’

DEPUTY Agriculture minister Vangelis Haritatos says financial institutions and farmers need to cultivate a mutually beneficial relationship which will not drown the latter in high interest loans.  Speaking during a webinar organised by First Capital Bank, formerly Agribank, under the theme, “The Agribusiness Value Chain in Zimbabwe”, Haritatos said besides finding it difficult to access…

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Government ratcheting up forex battle… as Mthuli unleashes Zimra on offenders

AUTHORITIES yesterday escalated their war against forex violations by unleashing the Zimbabwe Revenue Authority (Zimra) on companies and individuals linked to illegal foreign currency dealings. In addition, Finance minister Mthuli Ncube, pictured, also threatened to withdraw trading licences of businesses that continue to price their goods and services using parallel foreign currency market rates. He…

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High Court acquits ex-Health minister

FORMER Health minister Obadiah Moyo, who was arrested last year on corruption allegations involving a US$60 million Covid-19 procurement deal, has been acquitted by the High Court. High Court judge Pisirayi Kwenda yesterday ruled that charges against Moyo did not disclose an offence and should, therefore, be quashed. Moyo, who was facing three counts of…

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Invest in your staff, Muswere tells companies

INFORMATION Communication Technology (ICT) minister Jenfan Muswere, pictured, says companies should invest in their personnel as this is key towards improving the country’s economy. Speaking during yesterday’s graduation ceremony by 22 senior management staff at TelOne, who were undertaking a six-month executive development course in partnership with the Africa University, Muswere said the country needed…

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‘Economic recovery unstoppable’

PRESIDENT Emmerson Mnangagwa says despite the seemingly insurmountable task to turn around the country’s economy in the face of sanctions and the Covid-19 pandemic, Zimbabwe’s recovery trajectory is unstoppable. Presenting his State-of-the-Nation Address (Sona) in Parliament yesterday, Mnangagwa said the government was buoyed by the economy’s upward growth trajectory, amid a 7,8 percent growth projection by…

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I was assisted by prison officers — recaptured prisoner

Shamaine Chirimujiri A 31-YEAR-OLD prison escapee accused of robbing and raping several women before being recaptured after stealing a motor vehicle told the Harare Magistrates’ Court yesterday that he was assisted by prison officers to flee from jail. Sam Muropa, who is now facing fresh charges of escaping from lawful custody and theft of a…

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Zanu PF’s G40 pain continuing… as party claims faction plans to unseat ED

Blessings Mashaya and Mugove Tafirenyika ZANU PF leaders’ mistrust of the Generation 40 (G40) faction remains as strong as it was four years ago, with the party claiming that it has unearthed a plot by the group to overthrow President Emmerson Mnangagwa In addition to allegedly seeking to oust Mnangagwa from power ahead of the…

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ED under spotlight… Zimbos demand action against price hikes

A LARGE cross-section of hard-pressed Zimbabweans is urging President Emmerson Mnangagwa and his government to maintain policies that had brought about price stability when he delivers his State of the Nation Address (Sona) this afternoon before the august House.     Speaking to the Daily News, consumers, workers and industry said it was critical for the government…

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ED offers land for Varun’s expansion

PRESIDENT Emmerson Mnangagwa yesterday agreed to provide more land to Varun Beverages Zimbabwe to help the company’s expansion drive which will create more jobs for locals.  Mnangagwa made the remarks while officially commissioning the beverages giant’s new additional plant which will increase Varun’s bottled water and cordials production capacity.  The seventh production plant at the…

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