THE country’s banking sector remains stable and profitable, sustained by growth in deposits and asset base while non-performing loans remain within acceptable international benchmarks, the Reserve Bank of Zimbabwe (RBZ) governor John Mushayavanhu has said. In his latest monetary policy statement, Mushayavanhu said the banking sector, despite encountering some temporary liquidity shocks, withstood headwinds in…
BY RUTENDO NGARA KUTSAGA, Zimbabwe’s agricultural think tank, is pushing to promote biopharming as part of its broader efforts to stay relevant in the face of climate change and technological innovations. Biopharming involves genetically engineering plants and animals to produce pharmaceutical substances for human or animal use. Recently, Kutsaga developed disease-free seed varieties, including potato…
BY BLESSINGS MASHAYA ANDBRANDON JOSPHAT AUTHORITIES need to do more to fix the country’s ailing economy and to lift the lives of all Zimbabweans, key stakeholders say. Speaking to the Daily News On Sunday at the weekend, representatives of consumers, workers and business said the latest policy steps taken by the Reserve Bank of Zimbabwe…
BRANDON JOSPHATChief Writer THE Meteorological Services Department (MSD) says the country will begin receiving heavy rainfall associated with thunderstorms today, following a dry spell that has persisted for nearly two to three weeks in some regions. In an advisory report yesterday, MSD said heavy rains were expected in eastern and southern parts of the country,…
MASIMBA MAKWEMBEREStaff Writer THE police have issued a stern warning against touts, saying their barbaric behaviour is causing traffic congestion and endangering the well-being of commuters. According to the police national spokesperson, Paul Nyathi, touts and rank marshals were loading vehicles in the middle of roads and at undesignated places, leading to traffic chaos and…
STELLA MADZIVANYIKA A CAMPAIGN to address nutrition requirements of school children across the country, the “ENOUGH campaign” run by World Vision Zimbabwe (WVZ), was launched in Harare on Friday. This comes as government statistics show that approximately 27 percent of children under the age of five are stunted, which is more than half a million…
GOVERNMENT has called on environmental stakeholders to invest in more innovative strategies in a bid to curb agricultural challenges arising from effects of climate change. Speaking during the official opening of the seed certification workshop in Bulawayo on Friday, the permanent secretary in the ministry of Lands, Obert Jiri, said climate change was a threat…
THE construction industry has welcomed the government’s efforts to stimulate investment in the energy sector through the introduction of Value Added Tax (VAT) deferment on capital equipment imported into the country. Zimbabwe has been facing extensive load shedding due to a shortage of power supply for both industrial and residential use.This has led to reduced…
By Brandon Josphat josphatbl@dailynews.co.zw AUTHORITIES have issued a fresh warning that they will deal ruthlessly with all unsanctioned gatherings and protests in the country. Speaking to the Daily News — the country’s most influential newspaper — police national spokesperson Paul Nyathi also revealed yesterday that law enforcement agents had intensified their surveillance of suspicious and…
By Nyasha Kunyiswa kunyiswan@dailynews.co.zw THE ruling Zanu PF party’s women’s league has vowed to push ahead with extending President Emmerson Mnangagwa’s term in office beyond 2028. This comes amid dissenting voices from some sections of the war veterans who have openly opposed the proposal. Speaking during a meeting between the league and female ministers and…
