Business

POSB’s digital transformation applauded

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THE Mutapa Investment Fund has commended the People’s Own Savings Bank (POSB) for its 2025–2027 transformational strategy that places strong emphasis on digital solutions. Speaking at POSB’s Annual General Meeting last Thursday, Mutapa’s head of banking and financial services, Tapiwa Mangwana, noted that the bank is focused on delivering a seamless personal banking experience tailored…

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Business

Zimbabwe's GDP to hit US$49bn

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ZIMBABWE’s gross domestic product (GDP) is projected to reach ZiG1,5 trillion, approximately US$48,5 billion by the end of this year with the bulk of output from the informal sector, the Treasury has said. This means the size of the economy will have grown by US$4,1 billion or 9,2 percent in just two years, from the…

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‘Assist ED to lift Zimbabwe and the needy’…Zanu PF urges key stakeholders amid economic hardships

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THE ruling Zanu PF has once again implored all Zimbabweans to work with President Emmerson Mnangagwa and his administration to boost the country’s economy. Speaking to the Daily News — the country’s most influential newspaper — Zanu PF spokesperson, Christopher Mutsvangwa, said at the weekend that although Zimbabwe’s economy was now on the mend after…

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Food security under threat, AG

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THE Office of the Auditor-General (OAG) has expressed significant concern that delayed payments to contractors rehabilitating irrigation schemes and persistent power load shedding are undermining the food security objectives. In a recent report presented to Parliament, acting Auditor-General Rhea Kujinga highlighted that the goal of achieving food security through smallholder irrigation projects was at risk…

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Retailers engage Zimra on challenges

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RETAILERS have engaged the Zimbabwe Revenue Authority (Zimra) to address a myriad of sector challenges, including high taxes and uncoordinated anti-smuggling efforts that are creating difficulties for licensed businesses. Confederation of Zimbabwe Retailers (CZR) chief executive officer Innocent Marimo told the Daily News yesterday that they met with the revenue collector last week to establish…

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103 Kwekwe drug dealers arrested

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POLICE have arrested 103 drug dealers and seized 60 kilogrammes of marijuana, crystal meth, and bronclear in Kwekwe as law enforcement intensifies its crackdown on illicit drug operations. This follows the recent destruction of 18 896 litres of illicit brews, 30kg of banned skin-lightening products, and 121kg of dagga at Sally Mugabe Central Hospital and…

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Bulawayo waste crisis deepens

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STAKEHOLDERS are alarmed over Bulawayo’s deteriorating solid waste management system, warning of serious health and environmental risks. Speaking at a Public Policy and Research Institute of Zimbabwe (PPRIZ) discussion at the weekend, Bulawayo minister of State Judith Ncube called for increased funding, public-private partnerships, and investment in waste-to-energy infrastructure. “Urban areas in Zimbabwe face numerous…

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Business

Education to transform economy

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GOVERNMENT is intensifying efforts to transform Zimbabwe’s economy by accelerating an education system that aligns with the demands of a rapidly evolving local and global economy. Speaking on the sidelines of a Scholastic Expo on Friday, Higher and Tertiary Education minister Frederick Shava said the government was committed to reimagining and remapping the country’s educational…

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The days of wanton driving on the roads are over: Government

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BRANDON JOSPHATChief Reporter THE government is introducing a slew of tough new measures — including hefty fines for traffic offenders — in a bid to mitigate the country’s worsening road carnage. Speaking to the Daily News On Sunday at the weekend, the permanent secretary in the Ministry of Home Affairs, Raphael Faranisi, confirmed the move…

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