THE absence of a viable opposition party in the country has created a power vacuum that threatens the nation’s democracy and progress. As reported in this publication yesterday, since the death of Morgan Tsvangirai, the revered opposition leader, on Valentine’s Day in 2018, the opposition has been in disarray, allowing the ruling party, Zanu PF,…
Brandon JosphatCHIEF WRITERjosphatbl@dailynews.co.zw THE country needs to focus more on efforts to improve the lives of hardpressed Zimbabweans, instead of obsessing over politics and other issues of little importance. So say the Zimbabwe Catholic Bishops Conference (ZCBC) and the Zimbabwe Council of Churches (ZCC), which have both called for the nation and its leaders to…
A NEW development has emerged in the ongoing saga between TD Holdings, owned by former Reserve Bank of Zimbabwe governor Gideon Gono, and Ark Properties, owned by Clever Makoni and his wife Aisha.TD Holdings has filed a complaint with the Estates Agents Council against Ark Properties for allegedly failing to meet their contractual obligations.Ark Properties…
RAINBOW Tourism Group Limited (RTG)’s acquisition of Montclair Hotel and Casino in the eastern highlands is at an advanced stage, with the purchase agreement signed, a top company executive has said.The deal is a strategic move that aligns with RTG’s five-year strategy and growth objectives, enabling the hotelier to enhance its footprint in the eastern…
TOBACCO Sales Limited (TSL) says it has lined up several initiatives to increase warehousing capacity which are earmarked for completion before the end of October this year.The Zimbabwe Stock Exchange (ZSE)-listed tobacco processing firm, also with operations in agriculture commodities logistics, recently completed a 15 000 square meter warehouse facility for an undisclosed client, expanding…
MACADAMIA nuts are poised to generate significant income in 2025, driven by high demand ahead of the harvesting season.The crop, set to be harvested in April, is showing improved quality compared to the previous season.In a trading update for the first quarter ended December 31 2024, Ariston Holdings Limited secretary Anesu Museta on Tuesday expressed…
Stella MadzivanyikaSTAFF WRITERmadzivanyikas@dailynews.co.zw THE tobacco selling season officially kicked off yesterday, with the highest price being US$4,65 and the lowest bid being US$1,59 per kilogramme. This comes as the opening price for the previous season was US$4,92 per kilogramme, up from US$4,35 in 2023. Speaking during the launch of the 2025 tobacco marketing season, the…
INNBUCKS Microbank Limited (InnBucks)’s decision to charge a flat US$1 monthly fee on unlimited transactions to customers on its wallet service boosted active users, but significantly cut back on fees income during six months to December 31 2024.The model dubbed -KaOne subscription- resulted in fee and commission income dropping by close to 40 percent to…
By Rutendo Ngara A HARARE woman accused of aiding the release of armed robbers and housing them at her place has been…
Brandon JosphatCHIEF WRITERjosphatb@dailynews.co.zw NETONE, one of the country’s leading telecommunications companies, plans to construct a smart city in Cleveland, Harare, aimed at industrialising and boosting the country’s economy. This development comes as Zimbabwe is currently witnessing the construction of the US$500 million Zimbabwe Cyber City in Mt Hampden sponsored by Dubai-based billionaire Shaji Ul Mulk….
