ONE of the country’s largest financial institutions, CBZ Bank, has appointed Masiya Passmore Marufu as substantive chairperson of its board with effect from September 1 2024. Masiya was appointed on the CBZ Bank board as an independent non-executive director on August 3 2017 and served as the interim chairman since July 1 2022. “Marufu is…
PRESIDENT Emmerson Mnangagwa has assured increasingly anxious Zimbabweans that the government remains committed to improving their lives through the application of sound economic policies. Delivering his State of the Nation address (SONA) in Parliament yesterday, Mnangagwa added that authorities would step up their efforts to shore up the under pressure ZiG and to stabilise the…
By Ashley Moyo amoyo@dailynews.co.zw FAST-GROWING independent national television station, 3Ktv, launched its new reality show, Love Back, at a glitzy event in…
By Rutendo Ngara THE High Court trial of two Harare businessmen, Moses Mpofu and Mike Chimombe, finally commenced yesterday after facing a false start on Tuesday due to a number of technicalities raised by the defence. The two accused are facing fraud charges and yesterday told Justice Pisirayi Kwenda that they hired an unnamed person…
PRESIDENT Emmerson Mnangagwa yesterday challenged legislators to put all hands on the deck and speed up the passing of various Bills before it and incoming ones. Speaking during the official opening of the second session of the 10th Parliament, Mnangagwa said MPs had “an obligation to expedite the enactment of all Bills that, for one…
By Stella Madzivanyika madzivanyikas@dailynews.co.zw VICE PRESIDENT Constantine Chiwenga says the country needs more than US$10 billion in all sectors to deal with climate change effects between now and 2030. Speaking at the Zimbabwe second climate change and development conference in Harare yesterday, Chiwenga said the money needed to be distributed across all sectors that bear…
DIVERSIFIED equipment maker and distributor, Zimplow, says it is banking on the anticipated normal to above normal rainfall for the 2024/25 agriculture season to boost its agriculture-focused business units. The Victoria Falls Stock Exchange-listed group says it is geared to turn around its fortunes by year-end capitalising on the improved rainfall forecast. “Management are geared…
By Nyasha Kunyiswa kunyiswan@gmail.co.zw LEADING seed producer, SeedCo, has challenged farmers to achieve high yields through the national crop farming competition (NCFC) where growers plant the company’s climate smart seed varieties this coming 2024/25 farming season. Speaking at the launch of the competition in Harare yesterday, SeedCo managing director Felistus Gurajena said the programme would…
Masimba Makwembere and Brighton Muronzereyi AMID fresh price hikes, some basic goods have now also started to disappear from supermarket shelves in major urban areas. At the same time, many businesses are demanding payment for their goods exclusively in United States dollars after the Reserve Bank of Zimbabwe (RBZ) devalued the ZiG on Friday last…
HARARE City Council (HCC) has suspended town clerk Hosiah Chisango on a slew of allegations, including corruptly awarding a street lights tender to a blacklisted company and extending his employment contract without approval. In a letter dated September 30 2024, the local authority barred Chisango from its premises and purporting to act on its behalf…
