THE Reserve Bank of Zimbabwe (RBZ) has issued a stern warning to businesses and service providers who are rejecting the Zimbabwe Gold (ZiG) in favour of the US dollar. In his mid-term monetary policy update, RBZ governor John Mushayavanhu expressed deep concern over widespread non-compliance in the financial and retail sectors. “Stakeholders raised concerns over…
THE People’s Own Savings Bank (POSB) has launched a new loan facility aimed at boosting digital literacy and access in Zimbabwe’s education sector. According to the bank, the Solar and Starlink Loan would provide schools and their staff with a transformative financing solution to acquire reliable solar energy and high-speed Internet. “This is more than…
Rutendo Ngara SENIOR STAFF WRITER ngarar@dailynews.co.zw A UNITED Arab Emirates-based company was allegedly duped of US$60 000 in a botched lithium deal. Nasha Weal Musa, who is accused of fraud, appeared before Harare provincial magistrate Ruth Moyo, who remanded him in custody to today for a bail ruling. The company, Rudra Mani Gen Trading as…
Yvonne Ncube in BULAWAYO BULAWAYO City Council (BCC) has culled more than 50 stray dogs as part of a city-wide operation to curb a surge in dog bite incidents and confirmed rabies cases. The operation, which ran from July 21 to 31, involved a coordinated blitz across 20 wards in partnership with the police, the…
Takudzwa Dhambu dhambut@dailynews.co.zw THE Rainbow Tourism Group’s (RTG) flagship property, Rainbow Towers Hotel and Conference Centre, has undergone a US$5,2 million refurbishment, transforming the facility to meet world-class hospitality and conferencing standards. The facelift is part of RTG’s broader US$26 million capital investment plan, rolled out over the past five years to upgrade several of…
Yvonne Ncube in Bulawayo FORMER Citizens Coalition for Change (CCC) legislator Obert Manduna has been sentenced to four-and-a-half years in prison after being convicted of fraud involving a US$5 900 residential stand scam. Manduna, who once briefly served as MP for Nketa before his recall in 2023, was found guilty of defrauding a local woman…
South Africa’s state prosecutor has officially withdrawn charges against one of the farm workers accused of killing two black woman and feeding…
India has unexpectedly become a key target in Washington’s latest push to pressure Russia over the Ukraine war. On Wednesday, Donald Trump doubled…
THE country’s platinum miners are owed millions of dollars in unpaid exports income under the government’s foreign currency retention rules, the mining…
THE growing traffic congestion in Harare’s central business district (CBD) is not an isolated issue, it is a symptom of a broader national crisis. The lack of an effective national public transport system has led to a surge in private vehicles on the roads, causing gridlock and chaos in cities and towns across Zimbabwe. Local…
