Takudzwa DhambuSTAFF WRITER THE government says Premier Service Medical Aid Society (Psmas) is expected to return to normalcy by end of this month as the Treasury will now subsidise the health insurance provider. After years of mismanagement and financial woes, Psmas has been on the brink of collapse, leaving thousands of civil servants without access…
THE Bulawayo City Council (BCC) has been forced to revise its 2025 proposed budget downwards by over US$11 million after it was rejected twice by the government for failure to adhere to set guidelines. This comes as Bulawayo remains the only local authority in the country that is yet to have its 2025 budget approved…
THE Confederation of Zimbabwe Industries (CZI) yesterday took women entrepreneurs on a tour of National Foods Limited, Harare, for inspiration to scale up their businesses. The tour which targeted women operating small-scale businesses, as CZI marked the just-ended women’s month, exposed them to sophisticated production processes, product development and business models. Speaking to the Daily…
OK ZIMBABWE is seeking to raise US$30 million to address low stock levels and mounting debts to suppliers and banks, which have been attributed to both “endogenous and exogenous factors”. The chain supermarket group secretary, Margaret Munyuru, yesterday said the company planned to raise capital through several avenues that include rights issues that allow existing…
Blessings Mashaya and Brandon Josphat STAFF WRITERS THE government is mulling invoking international law to extradite errant citizens resident outside Zimbabwe who are agitating for violence, anarchy and uprisings in the country on social media. Speaking to the Daily News — the country’s most influential newspaper — Attorney General Virginia Mabiza confirmed last night that…
By Rutendo Ngara POLICE have arrested four men suspected to have been involved in last Friday’s attacks on the business premises of prominent figures — including a Cabinet minister. The four —Last Matarutse, Abel Jobe, Kizito Chinhanga, and Thomas Chanetsa, all from Chitungwiza — appeared separately in court before regional magistrate Marehwanazvo Gofa, who remanded…
AUTHORITIES say road traffic injuries are costing the country over US$400 million annually, funds which could have been directed towards economic development. Speaking at a stakeholder’s engagement meeting yesterday, the minister of Transport, Felix Mhona, said road traffic injuries were also on the rise and a major cause for concern. “Road injuries cost low and…
ONE of the eight armed robbers, who are in remand prison for robbing businessman Wicknell Chivayo’s in-laws of US$74 000, was yesterday sentenced to an effective 30 years in prison by Harare regional magistrate Jesse Kufa. Bigboy Nampungo of Chitungwiza pleaded guilty to six counts of armed robberies at Chivayo’s in-laws’ farm — Alpha and…
Brandon Josphat josphatbl@dailynews.co.zw LAWMAKERS are pushing for legislation to protect vendors from arbitrary harassment and confiscation of their goods by local authorities. Speaking in the National Assembly on Tuesday, the MP for Norton, Richard Tsvangirai, said the nation needed to recognise that vendors were an integral part of the country and its economy. “The motion…
OLD Mutual Life Assurance Company Zimbabwe (OMLAC) is in the process of expanding the branch network for its funeral services division nationwide in an effort to improve access to customers and grow market share. OMLAC, a subsidiary of Old Mutual Zimbabwe, launched the fully-fledged funeral service in 2022 and has steadily grown its market presence…
