BINDURA Nickel Corporation (BNC) has realised an annual turnover of US$59,2 million for the year to March 31 from US$52,4 million prior year due to an increase in nickel prices which compensated for reduction in sales volumes. In their 2021 annual report released last week, BNC said in line with the reduced production, nickel in…
PRESIDENT Emmerson Mnangagwa has now responded to the request for dialogue by opposition leader Douglas Mwonzora — raising fresh hopes that the much-needed national talks will finally get under way. Speaking to the Daily News yesterday, presidential spokesperson George Charamba confirmed that Mnangagwa had responded to Mwonzora, although he would not disclose the contents of the response…
Blessings Mashaya and Melisa Chatikobo AFTER enjoying a year of relative economic stability, Zimbabweans are beginning to experience marked increases in the prices of goods in the country. Surveys by Daily News crews, including at the weekend, have shown that the prices of many basic consumer goods have gone up sharply, especially over the past two weeks….
THE MAJORITY of Small and medium-sized enterprises (SMEs) in Bulawayo won’t exhibit at the Zimbabwe International Trade Fair (ZITF) which kicks off tomorrow due to the high cost of participation. Participation fees for the global trade showcase, which will run from September 21 to 24 at the ZITF Grounds in Bulawayo, range from US$200, a…
THE International Organisation for Migration (IOM) has identified Zimbabwe as a source, transit country and destination for victims of trafficking. IOM spokesperson, Fadzai Nyamande-Pangeti said human trafficking was prevalent in Zimbabwe and other countries but was difficult to note due to its discreet nature. “Human trafficking is a global phenomenon and Zimbabwe is not spared….
THE High Court has dismissed a lawsuit filed by the Parliament of Zimbabwe in which it was demanding that a car dealership release three bakkies worth over US$100 000 it purchased in 2017. Parliament had launched legal action against a local car dealership, MCT Private (Limited) trading as Motor City Toyota, to supply it with…
SAKUNDA Holdings’ partnership with local premiership giants Dynamos and Highlanders has been hailed as a huge step towards the revival of local game which has suffered for decades due to the dearth of meaningful sponsorship. In a record sponsorship deal ever signed by any local club, the petroleum giant unveiled a combined US$5,3 million deal…
RESPECTED former MDC stalwart and now leader of the United Movement for Devolution (UMD), Lovemore Moyo, has re-iterated that the opposition needs to heal its rifts urgently if it is to give Zanu PF a run for its money in the fast-approaching 2023 national elections. Speaking to the Daily News On Sunday yesterday, the former…
THE government has appealed to Zimbabweans in the diaspora to support the current economic recovery efforts by investing in their country of birth. Speaking at the Institute of Chartered Accountants of Zimbabwe (Icaz)’s diaspora engagement series recently, deputy Finance minister Clemence Chiduwa encouraged Zimbabweans in the diaspora to take advantage of the current business-friendly environment…
Melisa Chatikobo FARMERS are bracing for violent storms that could lead to scarcity of pastures and high cost of feed this farming season, Zimbabwe Farmers Union (ZFU) secretary-general Paul Zakariya has said. According to the Meteorological Services Department, rainfall outlook season report, this year’s rainfall season will be characterised by violent storms and cyclones, including…
