SOUTHERN EDITOR GOVERNMENT has expressed optimism about hosting the 5th Intra-Africa Trade Fair (IATF) in 2027, an event that could mark a significant milestone for the country in showcasing its potential as a hub for continental trade and investment. This comes as Zimbabwe successfully submitted its bid in November 2024 before it was shortlisted alongside…
GOVERNMENT has initiated compensation payments to owners of 94 farms protected under Bilateral Investment Protection Agreements (Bippas), which were seized for resettlement…
IT IS crucial that authorities allow the ZiG to trade freely against the United States dollar, as this will help to stabilise the prices of basic goods in the country and to lift the economy. So said anxious representatives of business and consumers yesterday, who added that floating the exchange rate would ensure the country’s…
By Masimba Makwembere makwemberemv@dailynews.co.zw TRANSPARENCY International Zimbabwe (TIZ) revealed yesterday that the country’s corruption rate is increasing, with the nation ranking 158 out of 180 nations in 2024. This ranking is a decline from 2023, when Zimbabwe ranked 149 out of 180 countries. The 2024 Corruption Perception Index (CPI) report, launched in Harare, confirmed this…
Brandon Josphat josphatbl@dailynews.co.zw PRESIDENT Emmerson Mnangagwa has warned Cabinet ministers that he will not tolerate corruption in the ministries and agencies that they superintend over. Speaking in Harare yesterday, Mnangagwa also said authorities would clamp down on incompetence and the appointment of undeserving officials to public sector boards. “As we progress with our work in…
Brandon JosphatCHIEF WRITERjosphatbl@dailynews.co.zw CABINET yesterday came up with a cocktail of fiscal measures to complement the monetary policy statement issued by the central bank last Thursday in a bid to avert the collapse of the formal sector. Addressing the first 2025 post-Cabinet media briefing in Harare, the minister of Information, Jenfan Muswere, said the government…
GOVERNMENT has called for stiffer measures against unscrupulous agro-dealers flooding the market with fake seeds, a development described as a threat to national food security. This comes as experts have also called for a complete overhaul of the legal framework governing seed certification to protect farmers from fraudulent practices. Speaking on the sidelines of a…
Brighton Muronzereyi muronzereyib@daililynews.co.zw ZIMBABWEANS must continue to pull in one direction to foster much needed economic development in the country, President Emmerson Mnangagwa has said. Speaking at the National Heroes Acre in Harare yesterday, during the burial of former top civil servant, Tinaye Chigudu, Mnangagwa was also confident that the country’s ailing economy would turn…
Brandon Josphat CHIEF WRITER josphatbl@dailynews.co.zw AUTHORITIES say they are ready for an urgent meeting with business and labour unions amid concerns over the scaling back of operations by distressed companies. This comes as an estimated 3 000 workers have lost their jobs since December last year, as the country continues to face persistent challenges impacting…
Rutendo Ngara SENIOR STAFF WRITER ngarar@dailynews.co.zw CITIZENS Coalition for Change (CCC) president Welshman Ncube has suffered another blow after the High Court dismissed his application seeking to reinstate his subordinates who were reassigned in Parliament. This comes after the High Court had barred Sengezo Tshabangu, who asserts to be the party’s secretary-general, from effecting any…
