STANBIC Bank Zimbabwe (Stanbic) has managed to facilitate the importation of products worth over US$3 million from China in the past three years for its clients marking a significant milestone to its strategic focus on the Asian economic giant. The bank launched the Africa-China Trade Solutions (ACTS) facility in 2021. In its financial results for…
LEADING financial institution, First Capital Bank (FCB), senior executives will hold an eight-day nationwide roadshow covering 10 towns and cities to bring banking and financial solutions to clients and communities across the country. In a statement yesterday, FCB said the roadshow was designed to reinforce the bank’s commitment to customer-centricity, innovation, and financial inclusion. “We…
BY BRANDON JOSPHAT & BRIGHTON MURONZEREYI UNITY, not confrontation, is the tonic that Zimbabwe needs to move the country forward and to end its decades-long political and economic challenges. So said representatives of business and labour yesterday, while also discouraging ordinary Zimbabweans and workers from participating in Monday’s mooted mass protests around the country. Speaking…
BY TAKUDZWA DHAMBU AUTHORITIES have implored private companies to build their own power-generating plants and alleviate pressure on the national grid. This comes as Zesa recently said the country’s electricity supply situation would worsen in the coming weeks, after two key units at the Hwange Thermal Power Station were removed off the grid for maintenance….
THE government is moving to amend the National Social Security Authority (Nssa) Act to improve the living conditions of pensioners. This comes as Parliament has raised concerns over the meagre monthly pay-outs pensioners were receiving as they were inadequate to cater for their basic needs. Responding to the parliamentary portfolio committee on Public Service, Labour…
BY THABISO MUTIRWARA THE Zimbabwe Electoral Commission (Zec) is in the process of removing 25 527 deceased voters across the country from the voters roll in terms of the Electoral Act if no objections are made. This was confirmed in a notice on Friday by the acting chief elections officer, Simbarashe Tongayi, in the latest…
SENATORS have strongly voiced concerns over the continued deteriorating health delivery system in the country, describing public hospitals as “death beds”. This comes as the ministry of Health says inconsistencies and delays in the disbursement of funds by the Treasury have negatively impacted the country’s health institutions’ operations. Debating a motion on the state of…
THE government is currently owing seed company, Seed Co, US$40 million for seeds which authorities distributed to farmers under different initiatives, including the Presidential Inputs Scheme. In an interview with the Daily News on the sidelines of the company’s 85th year’s anniversary in Harare on Thursday, Seed Co chief executive officer, Morgan Nzwere, said the…
By Brandon JosphatCHIEF WRITER POLICE are hot on the trail of criminals linked to a series of pre-dawn terror attacks that took place in and around Harare early yesterday, at the business premises of three prominent people and a Cabinet minister. It is believed that the suspects drove in separate jalopies to the properties of…
WEALTHY South Africans are increasingly investing in property outside of their country — and Zimbabwe, Dubai and Mauritius are emerging as top…
