Business

RTG occupancy levels tick up

RAINBOW Tourism Group (RTG) posted a four percent growth in occupancy levels to 54 percent for the year ended December 31, 2024 driven by strong performances in both the accommodation and conferencing segments. The group chairman, Douglas Hoto, in a statement accompanying the group’s financials, said the growth in occupancy levels was from a 2023…

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Business

Zimbabwe moves to up honey production

ZIMBABWE has launched the Zim-Bee Project that aims to drive the growth of the country’s honey sector. The initiative, supported by the French government, seeks to enhance honey production and boost exports, while also empowering women. It was officially launched in Harare on Tuesday by the chief director, Economic Cooperation, International Trade, and Diaspora in…

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‘Step up efforts to lift economy’… unions, business tell government amid ongoing retrenchments

Brandon JosphatCHIEF WRITERjosphatbl@dailynews.co.zw BOTH labour and business want authorities to take more fiscal and monetary steps to boost the economy, amid the recent closures of distressed companies and retrenchment of thousands of people over the past few months. Speaking to the Daily News — the country’s most influential newspaper — the acting secretary general of…

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Bulawayo water state promising

BULAWAYO residents will have to wait a little longer before the current brutal water rationing is eased. This is despite the city having recently recorded substantial water inflows into its supply dams this rainy season — which have now reached just above 50 percent of their capacity. This good news has prompted the local authority…

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Government revives rent boards

AUTHORITIES, through the ministry of Industry, have re-established the Commercial and Industrial Premises Rent Boards for the Southern and Northern regions to address rising disputes and ensure fair rent determination for business properties. This development comes after the absence of these boards had left many business owners, particularly small to medium enterprises (SMEs), at the…

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Minister’s parents robbed of US$90k

Stella MadzivanyikaSTAFF WRITERmadzivanyikas@dailynews.co.zw A GANG of two robbers allegedly stole cash and goods worth US$90 000 from the minister of Sports, Kirsty Coventry’s parents Robert and Lyn’s home in Harare on Tuesday, police have said. According to the police, the two, who are still at large, broke into the couple’s bedroom while they were asleep…

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Smuggling a security threat — Nyathi

Brighton Muronzereyiand Takudzwa DhambuSTAFF WRITERS POLICE say the scourge of counterfeit products has become a security threat, amid concerns that those who smuggle them into the country make a lot of money, but do not bank it, thereby attracting armed robbers. This comes as authorities are struggling to curb the smuggling of goods into the…

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Gvt starts paying service providers…outlays being made in both ZiG, USD to steady economy

Brandon Josphat CHIEF WRITER josphatbl@dailynews.co.zw THE government has started paying its suppliers that it owes more than US$1,2 billion in both the ZiG and forex — to ensure that the local currency and prices of basic goods remain stable. Speaking to the Daily News — the country’s most influential newspaper — the minister of Finance,…

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Zanu PF rants at renegades again

POLITICAL EDITOR mashayab@dailynews.co.zw THE ruling Zanu PF has warned its members afresh that it will deal firmly and without any hesitation with anyone who tries to divide the party’s top leadership. Addressing party members in Masvingo at the weekend, Zanu PF secretary for security, Lovemore Matuke, also warned anew that both the former liberation movement…

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Zim ready for summer harvesting

Stella Madzivanyika madzivanyikas@dailynews.co.zw AUTHORITIES say the country is prepared for this year’s summer maize crop harvesting season set to start next month. This year’s target harvest of the maize crop is 2,7 million metric tonnes, against a harvest of 1,1 million metric tonnes in 2024. In an interview with the Daily News yesterday, the ministry…

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