DEARTH of discipline and economic prudence are behind the current economic upheavals that have seen the Zimbabwe dollar astronomically losing value against the United States dollar, resulting in prices of basic commodities skyrocketing beyond the reach of many. Several retail shops have gone a step further, selling various goods exclusively in hard currency, arguing that…
THE country’s trade development and promotion organisation, ZimTrade, has commended Stanbic Zimbabwe for its role in supporting trade relations between Zimbabwe and China. ZimTrade chief executive officer Allan Majuru said Stanbic Bank played a pivotal role in the success of the recently held three-day Zimbabwe-China Business Forum in Beijing. Majuru said the bank’s broad network…
LUPANE State University (LSU) in Matabeleland North Province, through its faculty of commerce, has established an advisory board for entrepreneurs in the region to be capacitated for economic growth. The advisory board would run under the LSU Business Clinic programme. Speaking to the Daily News yesterday, the Business Clinic development manager, George Nhepera said the…
By Emmanuel Marambe RETIRED boxing icon, Floyd Mayweather Jr, has lived up to his promise of visiting Zimbabwe, after confirming that he would be in the country next month. Mayweather Jr, who retired with 15 major titles and undefeated, would be in Zimbabwe for two days — between July 13 and 14 — before visiting…
BY RUTENDO NGARA THE government has advised farmers to start scouting for quelea birds on a regular basis now that their breeding season is over in order to achieve the 2023/24 set target of 400 000 metric tonnes of wheat. This comes as the government has procured nine drones to control quelea birds. Speaking to…
By Blessings Mashaya and Jeffrey Muvundusi DESPITE the country’s stiff new nomination fees for the privilege to lead Zimbabwe, President Emmerson Mnangagwa will still be contested by a slew of other candidates in this year’s keenly anticipated presidential election. Among the aspirants for the highest office in the land will be Citizens Coalition for Change…
By Nyasha Kunyiswa AUTHORITIES are pushing for pharmaceutical companies to expedite retooling their industrial technology and be able to manufacture anti-retroviral (ARV) drugs locally. This comes as Zimbabwe is currently importing its ARVs from India and China. Speaking at a policy and regulatory review meeting aimed at resolving bottlenecks in the Sadc region ARV value…
POLICE are investigating five murder cases that occurred between June 18 and 20 across the country. This comes amid concerns by the police over increasing cases of murder throughout the country since the beginning of the year. In a statement yesterday, national police spokesperson Paul Nyathi said the murder cases occurred within a space of…
By Rutendo Ngara AUTHORITIES say the country intends to increase diversified horticulture produce exports to China following the signing of citrus trade protocol between Zimbabwe and the Asian giant last year. Under the trade deal, Zimbabwean farmers since last April are exporting their citrus produce directly to China. Speaking to the Daily News yesterday, permanent…
THE country’s largest shoe manufacturer Bata Shoe Company, has opened its 67th retail store in Chitungwiza as part of the firm’s growth strategy. The newly-opened outlet at Makoni Shopping Centre became the second Bata store in Chitungwiza which is expected to decongest stores in the central business district including its branch at Chitungwiza Town Centre….
