By Brandon Josphat joshphatb@dailynews.co.zw THE Reserve Bank of Zimbabwe (RBZ) is determined to ensure that the current relative stability of the ZiG and prices of basic goods in the country endures. So says RBZ governor, John Mushayavanhu, who stressed yesterday that prudent measures would continue to be the guiding monetary policy framework of the central…
NATIONAL Social Security Authority (Nssa) says, contrary to popular opinion, they make one of the most competitive pension payouts in the region. Nssa deputy director marketing and public relations Tendai Mutseyekwa told delegates at the recently held CEO Africa Roundtable Wealth and Retirement Summit in Nyanga that Zimbabwe’s minimum monthly pension payout, which currently stands…
Brandon JosphatCHIEF WRITER AUTHORITIES are exploring the potential of utilising natural resources, including gas and nuclear energy to address the country’s ongoing electricity supply challenges. This comes after an independent oil and gas company Invictus Energy made a natural gas and condensate discovery at its Mukuyu-2 well at the Cabora Bass project, northern Zimbabwe recently….
Rutendo NgaraSENIOR STAFF WRITER THE Permanent Secretary in the ministry of Agriculture, Obert Jiri, says land degradation and limited access to finance is hampering the country’s agricultural productivity. Jiri sais this while addressing an expo which was organised by Raregold where farmers, input suppliers and other stakeholders in the agriculture value addition met at the…
NYANGA mayor Fungai Chimwamurombe has revealed plans to build a large conference centre as part of efforts to make the resort town in Manicaland Zimbabwe’s mecca of conferences. Currently, most big conferences in Zimbabwe are held in Harare, Kariba and Victoria Falls, with Nyanga only playing host to small meetings due to lack of spacious…
GETBUCKS Microfinance Bank (GetBucks) will this month seek to raise US$7 million through a rights issue to bolster its capital base and meet the Reserve Bank of Zimbabwe (RBZ)’s minimum regulatory threshold of US$ 5 million. The deposit-taking microfinancier’s core capital stood at US$3,3 million as at December 31, 2024. A rights issue is a…
BY BLESSINGS MASHAYA & BRANDON JOSPHAT PRESIDENT Emmerson Mnangagwa is not losing any sleep over the “delusional threats” to impeach him by disgruntled war veteran Blessed Geza, Justice minister Ziyambi Ziyambi has said. Speaking to the Daily News On Sunday yesterday, Ziyambi was also emphatic that virtually all legislators in Parliament were behind Mnangagwa and…
THE Zimbabwe Chamber of Informal Economy Associations (ZCIEA) says the government should back its words with action by providing the informal traders with adequate and suitable market facilities. This comes as the streets in the country’s major urban centres have been turned into war zones amid regular running battles between law enforcement agents and informal…
By Rutendo Ngara THE Community Water Alliance has slammed the Harare City Council for levying residents to repay loans borrowed in a bid to refurbish water infrastructure demanding transparency on how the US$144 million was used. This comes after Harare mayor, Jacob Mafume revealed recently that the local authority owed US$98 million they secured from…
BEAVEN DHLIWAYOGroup Fetures Editor ON THE bustling streets of Harare, the sounds of cheers and groans erupt from betting shops, all centred around a little red plane on a screen. This is Aviator, or Kandege, as locals call it — a game of luck that has captured the hearts and hopes of thousands in Zimbabwe….
