Business

Manufacturing capacity utilisation surges to 60,8pc

LARGE manufacturing companies recorded 60,8 percent in capacity utilisation during the second quarter of 2024 compared to 51,3 percent in the first quarter, official figures show. According to the Zimbabwe National Statistics Agency’s (ZimStats) latest data, for small and medium companies in the sector, capacity utilisation for the second quarter of 2024 was at 45,8…

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Mnangagwa ‘emphatic’ about wanting to take a rest in 2028

THE ruling Zanu PF’s annual conference ended here yesterday, with one of the resolutions being the much debated call for President Emmerson Mnangagwa to remain in office beyond 2028. At the same time, the party’s legal affairs head, Patrick Chinamasa, cast huge doubts over the resolution after he said that Mnangagwa had reiterated his desire…

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‘Cancer shouldn’t be a death sentence’

AS CANCER continues to be among the biggest causes of death in the country, sustained funding remains the key to reducing the many lives that are being lost to the disease. So says the research and information expert for the Cancer Association of Zimbabwe (CAZ), Lovemore Makurirofa, who also notes that the country is beginning…

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RBZ injects US$32m to consolidate ZiG

THE Reserve Bank of Zimbabwe (RBZ) has injected US$32 million into the interbank foreign exchange market in order to consolidate Zimbabwe Gold (ZiG) stability. Central bank governor John Mushayavanhu yesterday said the RBZ had so far this month pumped US$50 million into the foreign currency willing-buyer-willing-seller market. “During the past three weeks of October 2024,…

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Errant businesses put on notice

THE Consumer Protection Commission (CPC) says it is roping in State security agencies to go after errant businesses refusing to use point of sale (POS) machines. Among those targeted are fuel service stations who are operating without point of sale machines. Speaking to the Daily News On Sunday yesterday, CPC chairperson Mthokozisi Nkosi said there…

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180 000ha targeted for2024/25 cotton season

BY STELLA MADZIVANYIKA THE Agricultural Marketing Authority (Ama) has started the distribution of cotton inputs for the 2024/2025 summer season across the country. The country is targeting to produce 270 000 metric tonnes of cotton from 180 000 hectares to be planted in the upcoming season. In a statement yesterday, Ama said the initiative was…

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‘We’ll weed out all opportunists’… Mnangagwa warns Zanu PF trouble-makers

PRESIDENT Emmerson Mnangagwa has warned rabble rousers within Zanu PF that their agenda to foment divisions within the ruling party will fail, and that they will be dealt with decisively. Opening the Zanu PF annual conference here yesterday, Mnangagwa also reminded all followers of the former liberation movement that no party member was bigger than…

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Zimbabwe launches 1m signature campaign against sanctions

Yvonne Ncubein BULAWAYO PRESIDENT Emmerson Mnangagwa officially launched Zimbabwe’s online National Anti-Sanctions Petition which seeks to rally Zimbabweans at home and abroad in a unified call for the removal of Western-imposed sanctions. The initiative seeks to collect one million signatures in a call for the unconditional removal of sanctions imposed by Western nations, a stance…

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Grace Mugabe dragged into Chegutu land dispute

By Rutendo NgaraSTAFF WRITERngarar@dailynews.co.zw FORMER first lady Grace Mugabe has been dragged into a Chegutu land dispute between  one Simbarashe Mhungu and Eunice  Chahwanda where the latter occupied a piece of land in the former’s farm. According to court papers, the land measuring 260 hectares belongs to Mhungu who has an offer letter which he…

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