Business

Econet moves to unlock intrinsic value

ECONET Wireless Zimbabwe (Econet) says it plans to trade its shares on an over-the-counter (OTC) platform once it successfully delists from the Zimbabwe Stock Exchange (ZSE) as it moves to determine its intrinsic value.The country’s largest telecommunication company, has previously raised concerns over its shares being undervalued on the ZSE, which has prompted this strategic…

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Bindura man arrested over skulls

THE police have arrested a 28-year-old man from Bindura, Mashonaland Central Province, following the discovery of human skulls and other remains at his residence, in a shocking case that has prompted an intensive investigation.National police spokesperson Paul Nyathi confirmed yesterday that Alfred Chinjiva was taken into custody after officers recovered multiple human remains during a…

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Zanu PF reins in affiliates

ZANU PF has launched a sweeping review of its organisations to rein in wayward structures and enforce strict adherence to party doctrine as it consolidates control, discipline and ideological cohesion.This comes as the party is escalating its efforts to heal growing divisions among its members, while also moving to clean out all fake structures within…

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State moves to localise fertiliser production

THE government has embarked on several state-led initiatives aimed at producing fertilisers locally to lower costs for farmers and strengthen national food security.This move comes as farmers nationwide are raising alarm over the acute shortage of ammonium nitrate fertiliser, a critical input for maize production.Speaking to the Daily News yesterday, the permanent secretary in the…

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Garwe pushes for Zanu PF decorum

LOYALTY and respect for President Emmerson Mnangagwa and his two deputies by all Zanu PF members is paramount to maintaining the unity, order and efficacy of the ruling party.So says the former liberation movement’s provincial chairperson for Mashonland East, Daniel Garwe, who adds that the same deference should be accorded to other senior party officialsSpeaking…

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Business

MMCZ targets US$3,5b revenue

THE Minerals Marketing Corporation of Zimbabwe (MMCZ) has set a revenue target of US$3,5 billion for 2026, driven by a recovery in battery metals and a structural supply deficit in the platinum group metals (PGMs) sector.The projection comes as MMCZ recorded a strong sales performance for the financial year ended December 31, 2025, posting cumulative…

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Do not panic over current heatwave

BOTH farmers and ordinary citizens need not press the panic button over the current heatwave lashing the country, the Meteorological Services Department (MSD) says.The deputy director of the MSD, Benjamin Maketa, added yesterday that the scorching weather being experienced was a “typical mid-season break from the rains”.This comes as the MSD has forecast the return…

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Stem scholarships to benefit 130 girls

THE government has set aside 130 scholarships for the girl child to benefit from Science, Technology, Engineering, and Mathematics (STEM).Speaking in Harare yesterday, the minister of Higher and Tertiary Education, Frederick Shava, said the scholarships are going to cater for young women from disadvantaged communities to study STEM subjects in local universities.“Institutions must prioritise science…

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Deadly plant kills Matabeleland cattle

MATABELELAND North farmers are losing an average of three to four cattle per household due to Umkhawuzane, a deadly toxic plant that continues to threaten livestock production in the province, the Environmental Management Agency (Ema) has said.Umkhawuzane, scientifically known as Dichapetalum cymosum, is regarded as one of the most dangerous poisonous plants affecting cattle in…

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Local manufacturing receives boost

THE government is strengthening policy instruments to capacitate the manufacturing sector in 2026, with a renewed focus on boosting local production, improving capacity utilisation, and reducing reliance on imports where domestic capability exists.This comes after authorities set guidelines for industry players seeking to access the ZiG100 million Industrial Development Fund (IDF), as the government moves…

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