Business

Zida flags out non-compliant companies

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THE Zimbabwe Investment and Development Agency (Zida) has expressed concern over non-compliance by players in reserved sectors, particularly in the extractive industry, where mining companies are overlapping into transport and logistics. Zida chief executive officer Tafadzwa Chinamo told the parliamentary portfolio committee on transport on Monday that local investors were facing challenges due to being…

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Hospitals’ oxygen supply improves

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Takudzwa Dhambu dhambut@dailynews.co.zw OXYGEN supply in most public hospitals has significantly improved, with the government accelerating the establishment of processing plants countrywide. Speaking at a post-Cabinet media briefing in Harare yesterday, the minister of Information, Jenfan Muswere stated that to ensure a stable oxygen supply, especially during periods of high demand, “the government is investing…

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HCC grapples with US$1m power bill

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Tapiwa Chirume chirumet@dailynews.co.zw HARARE City Council (HCC) is considering engaging Zesa to negotiate a lower monthly electricity tariff for its water and sewer plants, which currently stands at US$1 million. The bill is significantly inflating the local authority’s operational costs. “As a council, we are facing a huge challenge in the running of our water…

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Business

Women challenged to target global market

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BUSINESS experts are urging women entrepreneurs to shift their focus from local survival to global expansion, aiming to boost the country’s economy. Speaking at a recent Common Market for Eastern and Southern Africa (Comesa) engagement in Bulawayo, Edna Makurazhizha, chairperson of the Comesa Federation of Women in Business, said global expansion was crucial for business…

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Zanu PF will not brook nonsense...ruling party says, as ambitious big wigs stir the pot

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POLITICAL EDITOR mashayab@dailynews.co.zw ZANU PF will deal decisively with self-styled party “demigods” — who oper ate as power-brokers, while stoking fires of factionalism within the former liberation movement. Speaking to the Daily News — the country’s most influential newspaper — Zanu PF director for information, Farai Marapira, said yesterday that President Emmerson Mnangagwa had made…

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Ritual killings shake up Zim

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Takudzwa Dhambu dhambut@dailynews.co.zw AUTHORITIES are fretting over the continuing rise in suspected ritual murders in the country. This comes after police arrested a Harare man following the weekend killing in the capital of a 10-year-old boy who was found with mutilated private parts. Speaking to the Daily News yesterday, police national spokesperson, Paul Nyathi, confirmed…

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Graft probes for Byo, Vic Falls, Gweru

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muronzereyib@dailynews.co.zw GOVERNMENT is set to establish a commissions of inquiry in Bulawayo, Victoria Falls and Gweru to investigate allegations of corruption and mismanagement in the councils, Local Government minister Daniel Garwe has confirmed. This comes as President Emmerson Mnangagwa last month received a report on Harare City Council governance issues from a commission of inquiry…

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Harare struggles with illegal settlements

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Tapiwa Chirume chirumet@dailynews.co.zw HARARE is struggling with over 190 000 illegal settlements, significantly hindering the city council’s ability to provide essential services to residents. Owners of these unauthorised structures are not contributing revenue to the municipality. “There are a lot of illegal homes that have not been brought into the stream or that have not…

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Money laundering accused security guard denied bail

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Yvonne Ncube in BULAWAYO A SECURITY officer from Cowdray Park, initially linked to the dramatic US$4,4 million Ecobank armed robbery, was yesterday denied bail and is now facing new money laundering charges. Sibonginkosi Sibanda, an employee of Safeguard Security, appeared in court last Friday and was remanded in custody. His bail application was heard and…

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Business

Govt, CBZ partner to service Cowdray stands

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GOVERNMENT has partnered with CBZ Holdings and is receiving support from the Kwangu/Ngakwami Trust to accelerate the full servicing of stands in Bulawayo’s Cowdray Park Hlalani Kuhle/Garikai area. Established in the early 2000s as a self-help initiative, the Cowdray Park area has remained only partially developed, significantly lacking essential infrastructure like sewer connections and roads….

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