PEOPLE’s Own Savings Bank (POSB)’s deposits soared 42 percent to ZiG1,94 billion during the year ended December 31, 2025, attributable to targeted mobilisation strategies and expanding customer activity.This was against deposits of ZiG1,37 billion recorded in 2024, underscoring growing customer confidence and the bank’s ability to attract new funds in a challenging operating environment.The deposits…
GETBUCKS recorded substantial growth during the year ended December 31, 2025 with total assets jumping five percent to ZiG732,7 million from ZiG697 346 million in 2024 supported by a strong cash position.During the year, the deposit-taking micro-lender got a US$5 million capital injection from a rights issue.As at December 31,2025, the bank’s core capital was…
POLICE have killed four suspected armed robbers and arrested two others during a violent confrontation in Warren Park, Harare, on Monday.National police spokesperson Paul Nyathi last night confirmed the death of Mike Manyima, 37, Office Chanakira, 38, and two suspects identified only as Atenzi and Chris.The shootout followed the arrest of Nelson Chitima, 28, and…
PRESIDENT Emmerson Mnangagwa has committed to reviewing the proposal to dissolve the Zimbabwe Gender Commission (ZGC) and transfer its functions to the Zimbabwe Human Rights Commission (ZHRC).The proposal to merge it into the ZHRC via Constitutional Amendment Bill No. 3 has sparked significant backlash from women’s rights advocates who fear gender issues will be sidelined.This…
GWERU authorities have vowed to punish residents and vendors caught littering as they move to restore order in the city.Speaking at a waste management sensitisation workshop on Tuesday, Gweru City town clerk Livingston Churu said the issue of waste management required urgent collective action from all stakeholders rather than prolonged debate.“Waste management in our city…
FOUR men who targeted motorists by posing as passengers along highways have each been sentenced to 31 years in prison.The convicted are, Peter Mabasa Tsaramunda, 32, Ernest Mashingaidze, 28, Albert Kagwa, 26, and Willard Fulumula, 28, who all hail from Whitecliff in Zvimba District, Mashonaland West.They were found guilty of a violent robbery that occurred…
THE ongoing public hearings on Constitutional Amendment Bill Number 3 descended into chaos at the City Sports Centre in Harare yesterday, after tempers flared inside the packed venue. Among the prominent figures who had graced the parliamentary consultations at the charged stadium were opposition bigwigs who included Tendai Biti, Jacob Ngarivhume, Gladys Hlatywayo, Lovemore Madhuku,…
THE Global Fund has allocated the country nearly US$413 million towards the fight against HIV/Aids, tuberculosis and malaria. The Ministry of Health and Child Care said yesterday that the much-needed funding from the international public-private partnership and financing institution would strengthen Zimbabwe’s response to the three deadly diseases. “For the 2026-28 allocation period, the Glob…
THE government has lifted the suspension of land-use changes by local authorities, paving the way for the rollout of a structured programme aimed at strengthening town planning systems across the country. This comes after the moratorium, which had been imposed in May 2025, barred local authorities from processing or approving applications related to changes in…
THE Medicines Control Authority of Zimbabwe (Mcaz) has recalled a batch of Citro-Soda sachets over concerns of contamination. Citro-Soda sachets are used to treat heartburn, indigestion, and urinary tract infections. Mcaz director general Richard Rukwata urged all licensed pharmaceutical wholesalers, pharmacies, public and private clinics, and hospitals to quarantine and cease distribution of the affected…
