Business

InnBucks bets on technology drive to boost its business

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INNBUCKS Microbank Limited (Innbucks) says it plans to use technology to boost operational effectiveness, cut expenses, and spur growth while maintaining strong performance across all of its product lines. InnBucks operates five segments, namely retail banking, credit, structured finance, international banking and wallet services. In its financial statement for the year ended June 30, 2024…

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Mukuru launches mobile money wallet

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FINANCIAL services platform Mukuru has launched a mobile wallet in the country, Mukuru Wallet. The company yesterday said the mobile wallet was a secure digital store of value and followed Mukuru’s award of a Deposit-Taking Microfinance Institution (DTMFI) licence in Zimbabwe by the Reserve Bank of Zimbabwe (RBZ). “Building on Mukuru’s trusted capabilities, which support…

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‘VPs fully back ED 2030 push’. . . Zanu PF big gun says, warns those opposing the bid

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Blessings Mashaya and Brandon Josphat BOTH vice presidents Constantino Chiwenga and Kembo Mohadi are fully behind Zanu PF’s push to keep President Emmerson Mnangagwa in power beyond 2028. So says the ruling party’s Harare provincial chairperson, Godwills Masimirembwa, who also warned at the weekend that Zanu PF members who continued to oppose the former liberation…

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Cops fretting over murders

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By Masimba Makwembere makwemberem@dailynews.co.zw AUTHORITIES are fretting over the rising cases of violent crime in the country, especially those involving murder. This comes after seven people were killed in the past week alone, amid growing concerns over the recent spike in murder cases involving family members and people living within the same communities. Police national…

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Cyclone Dikeledi won’t affect Zimbabwe

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Brandon JosphatCHIEF WRITER THE Meteorological Services Department (MSD) says the country is safe from Tropical Cyclone Dikeledi which is currently developing in the Indian Ocean. This comes as the country is expected to receive heavy rains and thunderstorms to last until the end of this month. Speaking to the Daily News yesterday, MSD meteorologist Isaac…

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Museum of African Liberation to house Cuba artefacts

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By Masimba MakwembereSTAFF WRITER THE Museum of African Liberation in Harare is set to house a variety of artefacts from Cuba for display at the facility in recognition of the country’s contribution to the liberation of most African countries. In a statement yesterday, the chief executive officer of Institute of African Liberation (INSTAK), Kwame Muzawazi,…

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Tshabangu seeks Supreme Court relief

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Brandon Josphat CHIEF WRITER OPPOSITION Citizens Coalition for Change (CCC) leader in Parliament Sengezo Tshabangu has filed an appeal with the Supreme Court seeking to overturn a High Court ruling declaring that his recent parliamentary appointments were unlawful. Tshabangu suffered a significant political setback in the High Court on Wednesday when Justice Neville Wamambo barred…

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Business

Policy consistency will attract investors — analysts

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FINANCIAL analysts firm, FBC Securities says the country should have consistent and predictable monetary policies to boost investor interest in long-term financing arrangements to ease liquidity problems choking businesses. This comes as Zimbabwe is witnessing a growing list of companies going under corporate rescue owing to financing challenges. The past few years have seen Zimbabwean…

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DFA Zimbabwe gets Starlink services licence

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DARK Fibre Africa (DFA) Zimbabwe has been licensed by the Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) to resell Starlink services in the country. This comes as a total of six dealers, Aura, TelOne, ZODSAT, Dandemutande, Frampol and DFA Zimbabwe, have been licensed by Potraz to be resellers of Starlink services in the county….

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Deferring the 2028 elections is doable, government says

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WITH the country’s two main political parties increasingly singing from the same hymn sheet on many issues, deferring the 2028 national elections now looks more and more achievable. Seemingly opening the door for this prospect, the minister of Justice, Ziyambi Ziyambi, told the Daily News On Sunday yesterday that if there was national consensus around…

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