STEWARD Bank, the country’s largest largest bank by depositors, has shrugged the impact of the ongoing Covid-19 pandemic and the effects of hyperinflation to report impressive half-year financial results to August 31. The bank, a subsidiary of EcoCash Holdings Zimbabwe Limited, posted a 263 percent surge in profit to $252 million, in historical terms, up…
THE Victoria Falls City Council says it will disconnect residents from water supply next month in a bid to recover debts. The local authority said residents’ failure to settle their rates in time had affected the quality of service delivery in the resort town. The council did not disclose how much they were owed by…
Dionne Kanyowa THREE Africom employees appeared before Harare magistrate Dennis Mangosi on Wednesday after allegedly using their company credentials to pose as customers buying airtime but actually diverting the funds for personal use. From the period between October 1 and November 24 this year, Takunda Mutombodzi, 26, Comfort Pachiti, 38, and Simbarashe Hiya, 29, allegedly…
THE Pig Industry Board (PIB) has recorded a 7,6 percent increase in animals slaughtered in registered abattoirs this year alone as the sector continues to grow in leaps and bounds. PIB director Andrew Shoniwa told the Daily News recently that pig production has greatly improved after a total of 143 255 animals were slaughtered in the first…
POSTAL and Telecommunications Regulatory Authority of Zimbabwe (Potraz) director general Gift Machengete believes 2021 has been a difficult year to manoeuvre for the regulator due to the Covid-19 pandemic. Speaking during Potraz’s three-day strategic review pan workshop in Bulawayo yesterday, Machengete said the information communication technology (ICT) sector was heavily weighed down by a number…
November 8, 2021 — To support universal and affordable broadband access in Africa, IFC haspartnered with Liquid Intelligent Technologies to expand data…
ZIMBABWE’S first and only Forbes Best of Africa Award winner, businessman Kenneth Sharpe, was recently conferred with the Leader in Real Estate…
HWANGE Local Board (HLB) says it is making determined efforts to attain Emergency Road Rehabilitation Programme (ERRP) targets before the onset of the rainy season. The Emergency Road Rehabilitation Programme (ERRP), which was launched by the government early this year, is scheduled to run until February 2024. According to HLB town secretary Ndumiso Mdlalose, the…
Econet Wireless Zimbabwe has embarked on a network expansion programme that will see the country’s largest mobile network operator add 130 new…
COTTCO Holdings Limited says its 2021 intake stands at 114 656 metric tonnes (mt) against last year’s full output of82 479 mt as the white gold’s buying season draws to a close. In a quarterly trading update for the 2nd quarter ended September 30 2021, Cottco said its national seed cotton production is estimated to…
