Business

Sadc Industrialisation week set to boost business

THE Confederation of Zimbabwe Industries (CZI) has implored local companies to take advantage of the upcoming seventh Sadc Industrialisation Week and create favourable opportunities which will boost their businesses. The event is aimed at disseminating information on the Sadc industrialisation strategy and roadmap, identify challenges faced by businesses in the region and engage policymakers, private…

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210 000 people targeted for latest oral cholera jabs

By Ketty Nyoni  nyonik@dailynews.co.zw OVER 210 000 people are expected to be vaccinated against cholera across the country as health authorities take measures to end the communicable disease that has killed over 700 since February last year. The oral cholera vaccination campaign, which starts at the end of this month, is targeting people who missed…

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Business

FMBCH records strong performance in 2023

FMB CAPITAL Holdings Group (FMBCH) recorded a 329 percent increase in profit after tax to US$78,7 million during the year ended 2023 compared to US$61,1 million recorded in 2022. The group’s total operating income grew by 31 percent to US$251,3 million during the year while customer loans and advances increased by 10 percent to US$716,4…

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Zanu PF moves to ban 2030 slogans. . . as the party aligns itself with ED’s averments

ZANU PF is moving to stop its structures from continuing to urge President Emmerson Mnangagwa to extend his stay in office, the party’s national political commissar, Munyaradzi Machacha, said. Speaking to the Daily News yesterday, Machacha said the former liberation movement would — in this regard — rein in the chanting of slogans suggesting that…

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Cross exposes government corruption

By Shamaine Chirimujiri chirimujiris@dailynews.co.zw TOP economist, businessman and presidential biographer, Eddie Cross, has drawn attention to the alarming levels of corruption in government. In his latest weekly blog, the independent minded Cross made the stunning revelation that he had recently been asked for a US$250 000 bribe by a senior government official to facilitate a…

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Zimbabwe lags behind in reducing neonatal mortality

THE United Nations Children’s Fund (Unicef) says Zimbabwe is lagging behind in achieving its National Health Strategy (NHS) on Neonatal Mortality Rate (NMR) reduction. According to Unicef, the first 28 days of life — the neonatal period — is the most vulnerable time for a child’s survival as it faces the highest risk of dying…

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Heads set to roll at ZTA

HEADS are set to roll at the state-run Zimbabwe Tourism Authority (ZTA) as a forensic audit in the operations of the organisation is expected to be completed at the end of this month. ZTA suspended its board and senior officials in December to allow the carrying out of the audit. Chief executive officer Winnie Muchanyuka…

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CCC to pay us US$90k for seizing our offices: Mwonzora

MDC leader Douglas Mwonzora has claimed that courts have ordered the Citizens Coalition for Change to pay his party US$90 000 after the rival opposition seized and occupied its offices. He said the MDC took the CCC to court after forcefully occupying its offices in Bulawayo, Masvingo, Gwanda, Kwekwe, Hwange and Gweru.The MDC has since…

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Blackdeck goat contract still valid — Lawyer

By Rutendo Ngara ngarar@dailynews.co.zw THE lawyer representing businessmen Mike Chimombe and Moses Mpofu in an alleged US$7 million fraud case yesterday told a Harare magistrate that Blackdeck’s contract to supply 600 000 goats to the Agriculture ministry was still valid. This emerged when Tapson Dzvetero cross examined Zimbabwe Anti-Corruption Commission (Zacc) lead investigating officer Henry…

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