Business

Tight liquidity drags Masimba project execution

MASIMBA Holdings says low levels of liquidity in the market adversely impacted its capacity to execute projects during the financial year ended December 31, 2024. The government has been keeping a hawkish eye on local currency supply, the ZiG, into the market in an attempt to manage the exchange rate and stabilise inflation. However, the…

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News

Bulawayo water woes persist

Yvonne Ncube in BULAWAYO BULAWAYO residents will continue to experience erratic water supply as the city grapples with ongoing repairs to its aging bulk water infrastructure, the city council said yesterday. In a notice issued by town clerk Christopher Dube, the local authority said while repairs on the Umzingwane Raw Water Pipeline at uMzinyathi were…

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News

Zimbabwe sets up polio surveillance laboratory

Tapiwa ChirumeSTAFF WRITERchirumet@dailynews.co.zw GOVERNMENT, with the support of the World Health Organisation (WHO) and the Gates Foundation, has established an environmental surveillance unit at the National Polio Laboratory. The surveillance unit will strengthen the country’s capacity to detect and respond to poliovirus. Polio is a highly contagious disease that affects the nervous system and it…

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Life & Arts

‘Nacz overstepping mandate’

Ashley MoyoSENIOR ENTERTAINMENT WRITERmoyoa@dailynews.co.zw THE Zimbabwe Music Rights Association (Zimura) has accused the National Arts Council of Zimbabwe (Nacz) of overstepping its mandate by attempting to compel the organisation to register with it. This follows a statement issued by Nacz yesterday, instructing Zimura to “regularise its registration with Nacz as an association…” “…Nacz has seriously…

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Sport

We can’t get ahead of ourselves — Chiragwi

By Cloud Fusire SENIOR SPORTS WRITER DESPITE an impressive start to the league campaign which saw them shoot to the top of the log table over the weekend, former league winners Ngezi Platinum Stars coach Takesure Chiragwi has warned his charges not get carried away. Madamburo opened their campaign with a one-all draw against newbies…

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Editorial Comment

Financial services centre transformative

THE government’s decision to establish the Victoria Falls International Financial Services Centre is a groundbreaking move that is poised to transform the resort town into a thriving investment haven. This visionary initiative is expected to attract international companies to invest in various sectors of the economy, catapulting Zimbabwe into the league of global financial powerhouses….

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Business

Zimplow optimistic about future profitability

ZIMPLOW says its rationalisation at Mealie Brand and TrenTyre is expected to bring the business units back to profitability, translating to increased group earnings. The Victoria Falls Stock Exchange-listed group embarked on a cost containment drive to preserve cash flows, which included a group-wide staff rationalisation exercise, closure of non-performing branches and branch consolidation at…

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News

‘Bogus’ college owners face fraud charges

TWO suspected fraudsters, Anold Chimanikire and Keith Makosa, appeared in court yesterday facing charges of defrauding over 100 prospective students of US$5 300. The duo allegedly operated a bogus hospitality college, misrepresenting to Vimbai Mupondiwa and Cleopatra Mupondiwa, that they had a registered hospitality training school. They employed the two as office clerks and instructed…

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Top Stories

Intended demonstrations come to nothing… as people choose to stay away from city centres

By Jeffrey Muvundusi Brandon Josphat and Blessings Mashaya STAFF WRITERS ADRENALINE junkies who were hoping to see huge marches around the country, as well as day-long running battles between police and protesters, were left bitterly disappointed yesterday. After all the social media hype, and the relentless huffing and puffing around the so-called “M31” demos by…

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