AFRICAN Distillers (Afdis) says demand for its products significantly improved during the year ended March 31, 2025 due to government controls on illicit imports. The rampant smuggling of cheap counterfeit brands has been a major source of headache for alcoholic beverage makers in Zimbabwe, threatening their viability. Last year, Zimbabwean authorities set out controls on…
THE recent ‘stability’ of the local currency — the ZiG — is masking growing underlying exchange rate pressures, a local stockbroking firm Investiq Oak Wealth (Investiq) has said. In its latest economic outlook report, Investiq noted a “mild upward adjustment” in the interbank rate (IBR) in April 2025. The difference between the official rate and…
Brandon JosphatCHIEF WRITERjosphatbl@dailynews.co.zw POLICE Commissioner General, Stephen Mutamba, has directed his officers to modify their checkpoint procedures in a bid to tame the country’s traffic jungle. Speaking to the Daily News — the country’s most influential newspaper — national police spokesperson, Paul Nyathi, confirmed the move yesterday saying this was aimed at fostering more cooperation…
Tapiwa Chirume chirumet@dailynews.co.zw IN A development that is set to ignite heated debates, Chitungwiza Town Council is looking at banning all-night prayers at churches. Addressing ward 12 residents at the weekend in the sprawling town on the outskirts of Harare, Chitungwiza senior environmental officer, Tongai Mukomondera, said noise from churches had become a big concern…
PARLIAMENT has hit out at truant Cabinet ministers for hampering the speedy passing of Bills. This comes as the Medical Services Amendment, Persons with Disabilities, Mines and Minerals and Parks and Wildlife Amendment Bills and several others before Parliament are lying idle without being processed. Raising a point of national interest in the National Assembly…
PARLIAMENT and the Zimbabwe Revenue Authority (Zimra) are set to splash hundreds of thousands of United States dollars on top-of-the-range vehicles and mobile phones for staff. The National Assembly revealed its intention to buy the vehicles in a notice recently published in the Government Gazette. “Bids are invited from reputable suppliers, registered with the Procurement…
Brighton Muronzereyiand Takudzwa Dhambu WORLD Bank country manager Eneida Fernandes says the success of the country’s debt clearance process will unlock investment in the energy sector. This comes after the Structured Dialogue Platform was launched in 2022 to provide a mechanism for the government, its creditors and development partners to engage in talks on key…
NATIONAL Foods Limited is spearheading efforts to boost rural manufacturing growth through strategic partnerships with key stakeholders. This initiative aligns with the government’s goal to revitalise the manufacturing sector as a driver of economic transformation. Speaking during a stakeholders meeting on strategies for industry revival in Bulawayo yesterday, National Foods representative Ntokozo Mkandla said partnerships…
Brandon Josphat CHIEF WRITER josphatbl@dailynews.co.zw THE Reserve Bank of Zimbabwe (RBZ) is committed to ensuring that there is enough ZiG in circulation to satisfy market demand and to boost economic activity in the country. Speaking to the Daily News — the country’s most influential newspaper — RBZ governor John Mushayavanhu, also underlined yesterday that this would happen…
STAFF WRITER muronzereyib@dailynews.co.zw POLICE have released the names of 20 Zimbabwean miners who tragically lost their lives in a mine shaft accident in South Africa earlier this year. They died in Stilfontein during the “Vala Umgodi” operation, which aimed to crack down on illegal mining activities. The victims were Bothwell Mlambo, Bob Sithole, Gladman Mlambo,…
