THE recent ‘stability’ of the local currency — the ZiG — is masking growing underlying exchange rate pressures, a local stockbroking firm Investiq Oak Wealth (Investiq) has said. In its latest economic outlook report, Investiq noted a “mild upward adjustment” in the interbank rate (IBR) in April 2025. The difference between the official rate and…
HIGH Court judge Justice Esther Muremba yesterday granted US$100 bail each to 88 accused people who were arrested on March 31 for allegedly participating in an illegal protest. The protest was organised by the ousted Zanu PF central committee member Blessed Geza. Justice Muremba only read the operative part of her judgment and told the…
POLICE in Shurugwi, Midlands Province have arrested Nicholas Matanda for allegedly fatally stabbing a fellow artisanal miner following a dispute over a plate of sadza. The Midlands police spokesperson, Emmanuel Mahoko, confirmed to the Daily News adding the tragic incident occurred on May 9, 2025, at around 11 pm, at Dollar Farm in Shurugwi. “The…
Brandon JosphatCHIEF WRITERjosphatbl@dailynews.co.zw POLICE Commissioner General, Stephen Mutamba, has directed his officers to modify their checkpoint procedures in a bid to tame the country’s traffic jungle. Speaking to the Daily News — the country’s most influential newspaper — national police spokesperson, Paul Nyathi, confirmed the move yesterday saying this was aimed at fostering more cooperation…
Tapiwa Chirume chirumet@dailynews.co.zw IN A development that is set to ignite heated debates, Chitungwiza Town Council is looking at banning all-night prayers at churches. Addressing ward 12 residents at the weekend in the sprawling town on the outskirts of Harare, Chitungwiza senior environmental officer, Tongai Mukomondera, said noise from churches had become a big concern…
NINE people died while 27 others were seriously injured in two separate road traffic accidents that occurred on Monday and Tuesday. National police spokesperson, Paul Nyathi said the first road accident occurred when a truck carrying 35 passengers veered off the road while approaching a sharp curve. “The ZRP confirms a fatal road traffic accident…
SERIAL winner Nyasha Kunyiswa yesterday scooped another gong after being recognised as the third most consistent reporter on HIV/Aids at the National…
Brighton Muronzereyiand Takudzwa Dhambu WORLD Bank country manager Eneida Fernandes says the success of the country’s debt clearance process will unlock investment in the energy sector. This comes after the Structured Dialogue Platform was launched in 2022 to provide a mechanism for the government, its creditors and development partners to engage in talks on key…
Stella MadzivanyikaSTAFF WRITERmadzivanyikas@dailynews.co.zw KUTSAGA Research has noted with concern the continued sale and use of illicit tobacco seeds, which are affecting the quality of the golden leaf. Kutsaga Research said the illegal practice was affecting the country’s economic growth. “Despite the multiple benefits derived from the cultivation of legally registered varieties, there are growers who…
Zambia’s foreign minister has warned diplomats against interfering in the country’s affairs, days after the US ambassador raised concerns about the “systematic…
