Editorial Comment

Work on long-term ZiG stability

THE recent firming of the Zimbabwe Gold (ZiG) against the US dollar has sent ripples of optimism throughout the economy. With the local currency trading at around ZiG33 to the US dollar on the parallel market, down from ZiG40 a month ago, and a stable official exchange rate of ZiG26,9 to the US dollar, it…

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Business

RBZ suspends gold coins sales

THE Reserve Bank of Zimbabwe (RBZ) has suspended the sale of gold coins to the public with investors advised that coins in their possession remained tradeable. The gold coins were introduced in 2022 as a store of value. “The RBZ wishes to advise the transacting public that the mop-up sale of gold coins has been…

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News

Cops omitted ‘crucial’ detail

RUTENDO NGARA HARARE socialite Ashley Masendeke, popularly known as Mai Jeremaya, yesterday blamed the police for omitting some “crucial” details during the recording of her warned and cautioned statements. Masendeke said this during cross-examination at the Harare Magistrates Court by Shepherd Makonde who is representing Thabo Dube and Martin Charlie. The two are accused of…

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Business

Econet apologies for network challenges

ECONET Wireless Zimbabwe has apologised to its customers for network challenges that affected access to data services from about mid-day on Thursday up to Saturday afternoon last week. “We sincerely apologise to our valued customers, channel partners and stakeholders for the service disruption resulting from a technical fault in our network infrastructure,” Econet deputy CEO…

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News

Pitbulls owner’s arrest warrant scrapped

RUTENDO NGARA HARARE Regional magistrate Sandra Mupindu yesterday cancelled an arrest warrant for Mike Mapinga who skipped a rape bail last month citing medical grounds. Mapinga made headlines last month after his dogs, including pitbulls, allegedly mauled to death a pedestrian, Samuel Machara, in Bluffhill, Harare. The magistrate agreed to cancel the warrant of arrest…

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Business

Matsvaire appointed TIMB CEO

THE Tobacco Industry and Marketing Board (TIMB) has appointed Emmanuel Matsvaire as its substantive chief executive officer (CEO) after holding the position in an acting capacity for nearly two years. He replaced Meanwell Gudu who was fired in 2023. In a statement yesterday, the TIMB board announced that his appointment was effective from June 10….

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Sport

No respite for challengers . . . as Simba Bhora eye apex

Cloud Fusire SENIOR SPORTS WRITER MWOS, Simba Bhora and Scottland face tricky fixtures as the premiership’s pacesetters continue their pursuit for glory during a hectic week that could have significant ramifications at the top of the table. After being pegged back at Gibbo Stadium where they played out a 2-2 draw with lowly Triangle United,…

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