THE International Monetary Fund (IMF) has reiterated its readiness to support Zimbabwe in implementing a Staff Monitored Programme (SMP) that could pave…
THE service economy is increasingly becoming a momentous growth enabler for Africa as confirmed by its dominant contributions to the continent’s aggregated GDP. Speaking to the Daily News, Real Estate Institute of Zimbabwe (REIZ) head Mike Juru has attributed the mind-blowing innovations in today’s real estate sector to service.“In the real estate sector, service has…
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OLD Mutual Life Assurance Company has approached the High Court seeking to stop the execution of a court order for Harava Solar Park (Private) Limited to pay back the US$10 115 218 debt that it owes to Ever Prosperous World Wide Limited. Harava Solar, which is an independent power producer, is currently in the process…
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CLIENTS of the National Social Security Authority (NSSA) can now access most of its services remotely, courtesy of an omnichannel contact centre that is set to be launched tomorrow, as the authority pursues its vision of becoming a world-class social security provider by 2030. NSSA’s deputy director responsible for marketing and public relations, Tendai Mutseyekwa…
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THE African Development Bank Group (AfDB) has approved a US$15 million trade finance transaction guarantee facility for NMB Bank. This is AfDB’s first project with NMB, a registered commercial bank with strong SME credentials. This facility would provide 100 percent guarantee to international confirming banks (CBs) for the non-payment risk they take on NMB’s trade…
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THE government says it was drawing closer to using renewable energy to meet the Paris Agreement on ending fossil fuel use. The Paris Agreement’s central aim is to strengthen the global response to the threat of climate change. Speaking during a post-Cabinet briefing on Tuesday night, Foreign Affairs minister Fredrick Shava said the country was…
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THE Zimbabwe Tobacco Growers Association (Zitoga) says farmers who depend on rain-fed tobacco farming are counting losses as the golden leaf is now wilting in seedbeds owing to the current heat wave. This comes as most southern African countries were yet to receive rainfall with others now recording incidences of water shortages and livestock dying….
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THE Civil Registry Department has extended its working hours to deal with increased demand for passports after Finance minister Mthuli Ncube last week proposed to hike the travelling document’s acquisition fees with effect from January 1. In his 2024 National Budget presentation in Parliament, Ncube proposed to hike the fees for ordinary passports from US$120…
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PRESIENT Emmerson Mnangagwa’s government is moving to curb the abuse of rebates on motor vehicles imported by civil servants by reducing the allowable threshold. This comes as the government has also prohibited beneficiaries from disposing of the cars within five years from the date of importation.In his 2024 budget presented last week, Finance minister Mthuli…
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HIGH Court judge Justice Gladys Mhuri has settled a mine wrangle between two local firms — Anesu Gold (Private) Limited and Golden Reef Mining (Private) Limited — who were fighting over eight claims in Mberengwa, Midlands Province. The fight, which had sucked in former Mines minister Winston Chitando, erupted after Anesu Gold filed summons at…
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