Business

Dairibord commits to Zimbabwean market

ONE of the country`s leading milk producing companies, Dairibord Holdings Limited, says far from contemplating quitting Zimbabwe`s market, they are instead working to expand its operations to other Sadc countries. This comes amid viral messages on social media that purported the closure of its operations in the country and relocation to South Africa. Dairibord Holdings…

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Econet grows subscriber base

ECONET Wireless Zimbabwe gained over 184 000 new customers in the second quarter of 2024, growing its market share to 71,59 percent, according to the latest industry report by the Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz). The increase brings Econet’s active subscriber base to 10 620 462, up from 10 436 233 in…

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Probe into US$4m robbery jacked up… as Interpol, SA police are roped into mega case

Blessings Mashaya and Brandon Josphat INVESTIGATIONS into the US$4 million Ecobank robbery are gathering steam, with police activating international agencies to help track down the bandits involved. Police national spokesperson, Paul Nyathi, confirmed to the Daily News yesterday that law enforcement agents had roped in the International Criminal Police Organisation (Interpol), as well as the…

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Bulawayo grieves for departed Dube

GRIEF-STRICKEN residents of the country’s second city yesterday bade farewell to respected former freedom fighter and prominent politician, Tshinga Dube. The much-loved and forthright Dube died on Thursday last week at Mater dei Hospital, after a long battle with renal disease. A hearse carrying the remains of the former soldier and Cabinet minister was first…

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Government to procure new cancer machines

By Brandon Josphat THE ministries of Finance and Health are now working on modalities to procure new cancer machines and drugs by the end of this year after US$18 million was raised through the Sugar content tax. The tax was introduced in January 2024 as a way of bolstering the resources available for cancer diagnosis…

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Retailers want vat removal on rice

By Masimba Makwembere makwemberemv@dailynews.co.zw RETAILERS are pleading with authorities to remove value added tax (VAT) on rice and potato seeds. In a letter dated October 4 to Finance minister Mthuli Ncube, the president of the confederation of Zimbabwe Retailers Denford Mutashu said cabinet’s decision on zero VAT on rice and potato seeds should be implemented…

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Bulawayo water woes worsen

Yvonne Ncube in BULAWAYO THE City of Bulawayo has extended its water-shedding schedule from 120 to 132 hours per week due to worsening water shortages. This comes barely a week after councillors shot down a proposal to extend the city’s gruelling water shedding regime to 144 hours weekly. It also comes as two of the…

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Treasury commends AfDB’s role in debt resolution efforts

MINISTER of Finance Mthuli Ncube has commended the African Development Bank (AfDB) for its support in the country’s arrears clearance and debt resolution process. The treasury chief said the debt process is key in capacitating the government to resolve the longstanding challenge that has hindered the country’s development efforts. “In Zimbabwe, the Bank has been…

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Campaign against corruption inflates… PG also says ‘catch and release’ beliefs misplaced

By Rutendo Ngara ngarar@dailynews.co.zw THERE is a renewed campaign by authorities to deal with worsening cases of corruption in the country quickly and decisively. Speaking to the Daily News at the weekend, Prosecutor General (PG) Loice Matanda-Moyo confirmed the push, adding that the intensified drive against graft was already under way and resulting in the…

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Invest in cancer traditional medicines — Parliament

PARLIAMENTARIANS have implored authorities to invest in traditional medicines in the fight against cancer in the country. This follows a recent motion by former deputy Prime Minister Thokozani Khupe in the National Assembly pushing for cancer awareness programmes and modern cancer treatment equipment for Mpilo and Parirenyatwa hospitals. Debating the motion last week, Zanu PF…

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