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Peace attracts foreign investors — ED

PRESIDENT Emmerson Mnangagwa yesterday challenged the police to maintain peace in the country to attract more foreign investment. Speaking in Harare at the renaming of Tomlinson Depot to Chimoio Camp Depot and the commissioning of police residential flats in Newlands, Mnangagwa said a peaceful environment spurs economic development.  “I commend the Zimbabwe Republic Police for…

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Parly demands bank charges slash

muronzereyib@dailynews.co.zw PARLIAMENT has demanded that authorities review bank charges downwards by June 30 in order to encourage public use of the country’s banking system. This comes as the Reserve Bank of Zimbabwe (RBZ) says it is determined to keep both the ZiG and prices of basic goods in the country stable. In a report tabled…

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Mega housing scheme advances

THE multi-million US dollar Nyore Nyore housing scheme, which is expected to deliver 1, 3 million houses upon its completion, is on course. So says the executive chairman of Pinnacle Property Holdings — Philip Chiyangwa — in the latest update on progress of the mega housing scheme. This comes after completion of servicing of Phase…

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Extreme cold weather hits Zimbabwe

EXTREME cold weather conditions are expected to hit some parts of Zimbabwe with the public advised to take precautions as temperatures are expected to be minus three degree Celsius beginning yesterday. The warning was issued by the Meteorological Services Department (MSD). This comes as a brutal winter cold and floods swept across South Africa since…

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News

GMB to pay grain farmers US$3m

THE minister of Agriculture, Anxious Masuka, has assured farmers that the Grain Marketing Board (GMB) will this week pay US$3million it owes them. Addressing the media in Harare on Tuesday, Masuka said the outstanding money was expected to be availed by the Treasury. “The government’s desire is to pay for grain as expeditiously as possible…

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We are on top of things: RBZ… as Mushayavanhu vows to keep ZiG & prices stable

muronzereyib@dailynews.co.zw AUTHORITIES are determined to keep both the ZiG and prices of basic goods in the country stable, the Reserve Bank of Zimbabwe (RBZ) has reiterated. In this regard, central bank governor, John Mushayavanhu assured the public yesterday that current worrying inflation trends were not expected to affect the purchasing power of consumers going forward….

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Business

Zim to ban lithium concentrate exports

GOVERNMENT says it will ban the export of lithium concentrate by January 2027. Addressing a post-Cabinet press briefing in Harare yesterday, the minister of Information, Jenfan Muswere, said the country’s lithium ore bodies were multi-element containing a number of minerals. “Pertaining to the lithium sub-sector, Zimbabwe produces mainly mostly spodumene ores which are critical in…

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4k ex-Wenela workers set for compensation

TSHIAMISO Trust, established to facilitate compensation for former Zimbabwean mine workers in South Africa, says it is targeting to assist close to 4 000 ex-Wenela employees. The ex-workers are suspected to have been exposed to permanent lung impairment from silicosis or workrelated TB. “The Trust successfully accredited Baines occupational health services to facilitate both the…

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Cross JB raps errant leaders … accuses some Zanu PF heavyweights of being selfish

muronzereyib@dailynews.co.zw FIREBRAND former war veterans leader, and now Zanu PF Bulawayo provincial chairperson,  Jabulani Sibanda, has laid into bigwigs who stand accused of fomenting divisions within the ruling party. Addressing members of Zanu PF’s Bulawayo District Coordinating Committee (DCC) this past weekend, JB — as Sibanda is popularly known as — also charged that some…

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Four Zimbabweans killed in SA

muronzereyib@dailynews.co.zw FOUR Zimbabweans were recently killed in South Africa’s Eastern Cape region following an altercation between a group of Zimbabweans and local people. Speaking to the Daily News yesterday, the country’s Charge D ‘Affaires to South Africa, Shephard Gwenzi, confirmed the death, adding that authorities were now seized with the matter. “The information that we…

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