Business

Diamond output dips 19,5 pct

ZIMBABWE’s diamond production fell by 19,5 percent to 1,229 million carats in the fourth quarter of 2023, compared to the same period in 2022, official data shows. According to the Reserve Bank of Zimbabwe’s quarterly economic review for December 2023, output was, however, 18,7 percent higher than the 1,035 million carats in the third quarter…

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I’m as mad as hell over USA curbs, Cross says

BY RUTENDO NGARAStaff Writer THE United States of America (USA)’s recent partial lifting of its sanctions against Zimbabwe will not help the country and ordinary citizens in any way. So argues veteran economist and former opposition stalwart, Eddie Cross, who further accuses President Joe Biden and his administration of acting in bad faith. Speaking on…

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Zimbabwe’s road carnage on the rise

BY BRANDON JOSPHAT THE carnage on the country’s roads is continuing unabated, after 14 people perished at the weekend in horrific accidents. Apart from claiming the lives of the deceased, the two crashes behind the deaths also left 37 other people fighting for their lives. In the first accident which happened along the Harare-Bulawayo highway,…

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Shot in the arm for education sector

BY BRANDON JOSPHAT IN a major boost for the country’s ailing education sector, the government has received more than US$2 million from Global Partnership for Education (GPE) for the construction of schools in rural areas. This comes as the country has a shortfall of nearly 3 000 schools which has resulted in learners in some…

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Government pledges US$1.5m towards drugs fight

BY BRANDON JOSPHATSenior Staff Writer THE government has pledged to escalate the fight against drug and substance abuse by channelling US$1.5 million towards the nation’s drug and substance abuse programmes. This comes after President Emmerson Mnangagwa set up the national taskforce on drug and substance abuse in April 2022 which is chaired by Defence minister…

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4.6 million children vaccinated against polio

BY RUTENDO NGARAStaff Writer NEARLY 5 million children have so far received the first dose of the polio vaccine, surpassing its 4 million target since the onset of the country’s polio vaccination programme last month. On Tuesday, the government and development partners will start rolling out the second dose of the polio vaccine. In its…

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Major Zanu PF overhaul brews… shake-up to affect politburo, party depts

A MAJOR shake-up is looming in the ruling Zanu PF, amid growing calls for the former liberation movement to do more to resolve the country’s Zim dollar, prices and salaries crisis. Well-placed sources who spoke to the Daily News yesterday confirmed that sweeping changes were in the offing in the party, which would likely see…

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Up your game, ED tells ministers

Brandon Josphat josphatbl@dailynews.co.zw PRESIDENT Emmerson Mnangagwa has exhorted cabinet ministers and other government officials to up their game in executing their mandates after a marginal decline in their overall performances last year compared to 2022. Speaking during the announcement of the 2023 performance evaluation results and the signing ceremony of 2024 performance contracts for ministers…

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Zacc in schools anti-corruption drive

By Ketty Nyoni nyonik@dailynews.co.zw THE Zimbabwe Anti-Corruption Commission (Zacc) has embarked on a campaign to raise awareness against graft in schools countrywide targeting both teaching and non-teaching staff as well as learners.  Speaking to the Daily News in an interview yesterday, Zacc spokesperson Thandiwe Mlobane said the initiative was meant to empower students, parents and school staff…

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More enterprises placed under Mutapa fund

By Brandon Josphat josphatbl@dailynews.co.zw PRESIDENT Emmerson Mnangagwa has added seven more State Owned Enterprises (SOEs) under the Mutapa Sovereign Wealth Fund. The state-owned investment fund was established from the balance of payment surpluses, official foreign currency operations, the proceeds of privatisation, government transfer payments, fiscal surpluses and resource earnings. According to the Statutory Instrument (SI)…

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