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New shock rise in power prices

Blessing Masakadza and Blessings Mashaya STAFF WRITERS ZESA yesterday announced another whopping 50 percent increase in electricity tariffs, the third such hike in two months — triggering fears that this will have major negative effects on the country’s stabilising economy, the Daily News reports. This comes as prices of goods and services in the country…

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Divisions rock MDC over congress

Blessings Mashaya SENIOR STAFF WRITER mashayab@dailynews.co.zw NEW fissures have erupted in the Thokozani Khupe-led MDC as some of its leaders intend to block the Supreme Court-ordered December extra-ordinary congress to elect a new president for the party. This comes as secretary-general Douglas Mwonzora, chairman Morgen Komichi, his vice Elias Mudzuri and Khupe are all vying…

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Teachers review salary demands downwards

Mugove Tafirenyika SENIOR STAFF WRITER tafirenyikam@dailynews.co.zw STRIKING teachers have reviewed downwards their salary demands amid no learning in most public schools as the month-long work stoppage by the educators continues, the Daily News reports. The teachers are now demanding a salary of US$360 monthly or the equivalent in local currency at the prevailing foreign currency…

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BusinessNews

Emirates Airline adds third flight to Harare

EMIRATES, the largest airline and flag carrier of the United Arab Emirates, resumed flights to Harare at the beginning of last month. Emirates Zimbabwe country manager Nasser Bahlooq recently spoke to Daily News Features Editor Dakarai Mashava about the airline’s two weekly flights to Harare which are linked to its Lusaka service. Below are excerpts…

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BusinessNews

Power Giants opens new branch in Mutare

REGIONAL electrical power utility firm, Power Giants Private Limited, has opened a new branch in Mutare, cementing its position as one of the leading service providers in the electrical engineering field in Zimbabwe. Located at 49 First Street in Mutare, the new addition — the fourth in the country — comes after branches in Harare,…

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BusinessNews

First Capital Bank offers new services

ON THE back of a successful migration of their banking systems, First Capital Bank Zimbabwe has launched two new innovative products and services for customers and the general public. The bank has partnered with money transfer agents RIA Financial Services, the third largest remittance company in the world, and has also re-launched an enhanced funeral…

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BusinessNews

ZTA launches ZimBho domestic tourism drive

THE Zimbabwe Tourism Authority (ZTA) has launched a domestic tourism campaign, dubbed ZimBho. The campaign is focused on urging residents to rediscover Zimbabwe in a bid to prop up the tourism sector. As part of the campaign, coined ZimBho #IzimYami #Vakatsha, Environment, Climate Change, Tourism and Hospitality Industry minister Mangaliso Ndlovu said the government had…

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National News

Standard Bank in drive to link African clients with export opportunities

STANBIC Bank’s parent company, Standard Bank is hosting digital matchmaking events which connect African exporters with Chinese importers, to complement its physical participation at the China International Import Expo (CIIE) in Shanghai. African clients from across the continent will be virtually “matched” for discussion on opportunities with potential Chinese buyers who are interested in importing…

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National News

Stanbic donates US$34k sun protection products

STANBIC Bank has donated sun protection products worth US$34 000 to the Albino Charity Organisation of Zimbabwe (Alcoz) as part of its annual Corporate Social Investment (CSI) contribution towards the welfare of people living with albinism. The financial services institution handed over 1 000 units of sunscreen lotions; 1 000 units of antibacterial soap; 1…

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Top Stories

Chamisa looks to Ramaphosa for assistance as MDC falters

EMBATTLED MDC Alliance leader Nelson Chamisa is making renewed efforts to nudge South African President Cyril Ramaphosa,  to broker much-needed dialogue between himself and President Emmerson Mnangagwa, the Daily News On Sunday can reveal. So eager is Chamisa for Pretoria to show renewed interest in Zimbabwe’s political developments, that he recently led an MDC Alliance…

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