News

Man fined for unlawful possession of a monkey

A CHIPINGE man was spared jail after he was found with a monkey in the capital and was ordered to pay a fine of $15 000. Zacharia Moyana, 32, also had a three months suspended sentence with failure to pay the fine attracting two months’ imprisonment. He pleaded guilty to allegations of unlawful removal of…

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MPs make fresh welfare demands

Brighton MuronzereyiSTAFF WRITERmuronzereyib@dailynews.co.zw PARLIAMENTARIANS have made more demands to Finance minister Mthuli Ncube for them to be entitled to pension benefits after serving for one term in office instead of the current two. This comes hard on the heels of yet another demand they made last week for the Treasury to increase their supplementary budget…

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Editorial Comment

Zimbabwe must address political economy

AUTHORITIES recently came up with several fiscal and monetary policies to shore up a fledgling economy that was characterised by high inflation and the depreciation of local currency against the greenback on both the official and black markets. Prices of basic goods were skyrocketing beyond the reach of ordinary people and the cost of doing…

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Life & Arts

Music legend Manatsa’s widow dies

Ashley MoyoENTERTAINMENT WRITERAmoyoa@dailynews.co.zwDARK cloud continues to hover over the Manatsa family following the death of Stella Manatsa, widow of the late legendary musician Zex. She passed away yesterday morning in her sleep at the age of 68— eight months after burying her celebrity husband— triggering an avalanche of tributes from stunned artists and other personalities….

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Business

Stanbic posts impressive half year results

LEADING financial services institution, Stanbic Bank, has demonstrated its resilience by posting an inflation- adjusted profit of $11.2 billion for the six months to June 30, 2022, up from $3.5 billion in the comparative period last year. The Standard Bank Group subsidiary shrugged off the difficult economic environment mired in inflationary pressures and a myriad…

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Business

Meikles in multi-million dollar refurbishment

THE first phase of a multi-million- dollar refurbishment programme has started at Harare’s five-star Meikles Hotel, featuring a significant renova- tion and redesigning of most public areas and the hotel’s south wing. Meikles Hotel general manager Tinashe Munjoma said the refurbishment programme had been delayed during the Covid-19 crisis, but was now under way, focusing…

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Government bullish on economy

Rutendo NgaraSTAFF WRITERngarar@dailynews.co.zw THE Reserve Bank of Zimbabwe (RBZ) says it will keep a tight leash on monetary policy, as the apex bank seeks to curb inflation, reduce the volatility of the local currency and stabilise the economy. This comes as the Zimbabwe dollar continues to recover against the greenback on the black market, with…

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Bulawayo residents snub budget consultations

Hazel MarimbizaBin BULAWAYOBULAWAYO councillors have raised concern over the low turnout of residents for ongoing budget consultation meetings saying this defeats the whole purpose of seeking their input. The snub was despite prior calls by the Bulawayo Progressive Residents Association urging residents to participate in the budget consultations as they were major stakeholders in deciding…

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