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Displeased ED blows a gasket … warns truant ministers to shape up or ship out

Brandon JosphatSENIOR STAFF WRITER PRESIDENT Emmerson Mnangagwa blew a gasket yesterday, tearing into bunking off members of his Cabinet team who have not been attending crucial meetings. The clearly cheesed off Mnangagwa said pointedly that this skiving had to stop forthwith or he would take stern action against the offending ministers and other senior government…

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Mbudzi interchange to be named after ED

Brandon JosphatSENIOR STAFF WRITER GOVERNMENT says the Mbudzi Interchange which is currently under construction will be named after President Emmerson Mnangagwa upon completion. Addressing a post-Cabinet media briefing yesterday, Information minister Jenfan Muswere said the interchange would be called “Trabablas” in recognition with Mnangagwa’s developmental agenda. Trabablas was the name which was used by Mnangagwa…

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Cost of doing business high, Ncube admits

MINISTER of Finance Mthuli Ncube has admitted that the regulatory costs for formal businesses in the country are excessively high, indicating that the government is working on measures to reduce the cost of doing business. Ncube made these remarks on Monday during a post-budget breakfast meeting hosted in Bulawayo by the Daily News in conjunction…

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Power blackout hits Zimbabwe

THE country yesterday experienced a national blackout due to technical disturbance on the national grid. This comes after the country and Zambia experienced a similar blackout last month due to technical fault. In a statement last night, Zesa said its technicians were working flat out to ensure that power is restored countrywide. “Zesa Holdings would…

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Business

Kuvimba appoints new CEO

THE country’s largest mining group, Kuvimba Mining House (KMH), has appointed Trevor Barnard as its substantive chief executive with effect from December 1, 2024. Prior to his latest appointment, Bernard was the acting CEO since May this year following the departure of Simba Chinyemba. “We are pleased to confirm Trevor Barnard as our substantive group…

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Man acquitted of ZB Bank US$2,7m heist

By Rutendo Ngara THE High Court has acquitted on appeal Tendai Zuze who was convicted of robbing ZB Bank of US$2,7 million in the Chinhoyi money heist which grabbed headlines in 2021. Judges of appeal Happias Zhou and Benjamin Chikowero quashed the 10-year jail term he was handed down on the basis that the State…

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Cyclone Chido makes landfall. . . heavy winds and rains to hit parts of the country

Shamaine Chirimujiri STAFF WRITER chirimujiris@dailynews.co.zw TROPICAL Cyclone Chido is expected to hit Zimbabwe tomorrow — bringing with it heavy rains in some parts of the country. This has prompted the Meteorological Services Department (MSD) to advise members of the public to exercise caution, even though it is not anticipated at this point that the cyclone…

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Govt zeroes in on goods smugglers

Jeffrey Muvundusi SOUTHERN EDITOR THE government is cranking up its war on smugglers, as they prejudice both local businesses and the fiscus, the minister of Finance Mthuli Ncube says. Speaking in Bulawayo yesterday, at a wellattended post-Budget breakfast meeting that was hosted by the country’s most influential newspaper, the Daily News — in conjunction with…

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Zimra goes after public transporters

Brandon Josphat SENIOR STAFF WRITER josphatbl@dailynews.co.zw THE Zimbabwe Revenue Authority (Zimra) has directed insurance companies not to issue vehicle insurance to public transport operators without valid tax clearance certificates. This comes as authorities move to widen the country’s stretched coffers from the beginning of next year by reeling the rampant informal sector into the system….

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‘Open up to foreign investors in media’

Brighton Muronzereyi STAFF WRITER bmuronzereyib@dailynews.co.zw STAKEHOLDERS have called on authorities to allow more foreign investors in the media industry, which will go a long way in growing the country’s broadcasting sector and will enhance diversity and inclusion. This comes as the parliamentary portfolio committee on Media, Information and Broadcasting Services yesterday commenced public hearings in…

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