RESERVE Bank of Zimbabwe governor John Mushayavanhu says the central bank is engaging stakeholders to ensure fuel is sold in the new structured currency, Zimbabwe Gold (ZiG). Appearing before a joint Parliamentary Portfolio Committee on Budget, Finance and Investment Promotion, and Industry and Commerce yesterday, Mushayavanhu said they had started with part payment of taxes…
By Brandon Josphat and Masimba MakwembereSTAFF WRITERS LAW enforcement agents say they are winning the fight against illegal money changers across the country. Speaking to the Daily News yesterday, national police spokesperson Paul Nyathi said they were unrelenting in their bid to rid the streets of the illegal forex dealers, and much progress had already…
By Ketty Nyoni STAFF WRITER nyonik@dailynews.co.zw THE government has approved the construction of a US$25 million copper cable manufacturing plant in Harare in a bid to boost power generation in the country. Addressing a post cabinet media briefing in Harare yesterday, Information minister Jenfan Muswere said the project, a public private partnership (PPP) between Zesa…
By Rutendo Ngara STAFF WRITER ngarar@dailynews.co.zw A VICTORIA Falls woman, 35, has been sentenced to 15 years in jail for raping a 28-year-old man twice. She was arraigned before a Hwange magistrate facing two counts of aggravated indecent assault. According to the National Prosecuting Authorities (NPA), the accused forced her neighbour into having sexual relations with him in…
ZIMBABWE has reached out to the United States (US), urging them to remind banks that Washington recently eased some sanctions on the…
STAKEHOLDERS yesterday appealed to the Reserve Bank of Zimbabwe to move forward the release of notes and coins of the new currency,…
By Blessings Mashaya and Brandon Josphat AUTHORITIES are ramping up their efforts to protect citizens and the country’s new currency, the Zimbabwe Gold (ZiG), from the harmful activities of foreign exchange wheeler-dealers. The deputy minister of Finance, Kudakwashe Mnangagwa, confirmed to the Daily News yesterday that the government was going all out to defend the…
THE World Bank says Zimbabwe has a great potential to prosper as it has a skilled workforce and infrastructure which is better than most countries. This comes after the International Monetary Fund (IMF) last week said Zimbabwe’s economy would grow by 3,2 percent this year and next year despite the impact of the devastating El-Nino…
Brandon Josphat josphatbl@dailynews.co.zw PRESIDENT Emmerson Mnangagwa will on Monday preside over the burial of two national heroes and a heroine at the National Heroes Acre in the capital. The three are director Investments in the President’s department Nash Dzimiri, brigadier-general Shadreck Vezha and Zanu PF women’s league member Grace Tsitsi Jadagu. The trio passed on…
By Nyasha Kunyiswa kunyiswan@dailynews.co.zw DESPITE Zimbabwe’s rising cervical cancer cases, the government is struggling to stem the exodus of experienced pathologists to other countries. This comes as Zimbabwe is ranked among the top four countries in the world with a high prevalence of cervical cancer — with 61 out of every 100 000 tested local…
