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Tobacco marketing season kicks of

Stella MadzivanyikaSTAFF WRITERmadzivanyikas@dailynews.co.zw THE tobacco selling season officially kicked off yesterday, with the highest price being US$4,65 and the lowest bid being US$1,59 per kilogramme. This comes as the opening price for the previous season was US$4,92 per kilogramme, up from US$4,35 in 2023. Speaking during the launch of the 2025 tobacco marketing season, the…

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National NewsNews

InnBucks’ new subscription model drags earnings

INNBUCKS Microbank Limited (InnBucks)’s decision to charge a flat US$1 monthly fee on unlimited transactions to customers on its wallet service boosted active users, but significantly cut back on fees income during six months to December 31 2024.The model dubbed -KaOne subscription- resulted in fee and commission income dropping by close to 40 percent to…

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Dead opposition not good for Zim… as unchallenged Zanu PF fixates on succession politics

POLITICAL EDITOR mashayab@dailynews.co.zw THE absence of a viable political alternative to Zanu PF in the country since the revered Morgan Tsvangirai died a decade ago is bad news for Zimbabwe, its people and economy, opposition stalwarts and analysts said yesterday. Speaking to the Daily News — the country’s most influential newspaper — they said this…

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Govt re-structures ECD framework

Brandon Josphat CHIEF WRITER josphatbl@dailynews.co.zw         GOVERNMENT has developed an Early Childhood Development Coordination (ECD) Framework aimed at providing quality and affordable services to children up to seven years old. The minister of Information, Jenfan Muswere, announced the framework at a post-Cabinet media briefing in Harare yesterday, stating that it would improve and align standards to…

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Mudzuri pushes for Mwonzora ouster

STAFF WRITER chrimujiris@dailynews.co.zw A FACTION of the opposition MDC party, led by former vice president Elias Mudzuri, is pushing for the removal of the party’s president, Douglas Mwonzora. This comes after High Court Judge Justice Happias Zhou ruled last week that the MDC party’s 2022 congress, which elected Mwonzora, was null and void, and ordered…

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External interference rocks TIMB

STAFF WRITER muronzereyib@dailynews.co.zw THE Tobacco Industry and Marketing Board (TIMB) is appealing to Parliament to intervene and end external interference in the running of the organisation. Giving oral evidence before the parliamentary portfolio committee on Agriculture in Parliament yesterday, TIMB board member Engelbert Rugeje said the situation had become untenable amid interference from external players,…

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Business

Gvt helps 14k SMEs access markets

THE minister of Women Affairs, Monica Mutsvangwa, says the government facilitated local and international market access for 14 173 small and medium enterprises (SMEs) last year. Speaking at the Zimbabwe Army Staff College in Harare on Monday on Women Empowerment and the National Lecture Economy, Mutsvangwa emphasised the critical need for the provision of decent…

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Business

EIB Global, Stanbic launch €20m credit line for SMEs

Takudzwa Dhambu THE European Investment Bank (EIB Global) and Stanbic have launched a €20 million credit line to provide longer-term loans at favourable conditions to small and medium-sized businesses (SMEs) in Zimbabwe. The facility would focus on SMEs and businesses owned or run by women, which employ a significant number of women, or which offer…

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Business

Ecobank unveils sustainable solar-powered HQ

Kudzanai Gerede ECOBANK Zimbabwe Limited (Ecobank) says it is set to launch its new environmentally-friendly head offices in Borrowdale, Harare, in the second quarter of this year, marking its commitment to expanding local operations. The regional bank entered the Zimbabwe market in 2011 and has since grown its branch network to over a dozen. Speaking…

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