CIVIL society organisations say the government should adopt a scientific and objective debt audit as part of measures to have the country’s odious debts cancelled. Odious debts are defined as arrears incurred by the state which are not for the needs or interest of the state but merely to strengthen the state’s despotic power as…
THE World Bank says Zimbabwe is expected to be among the two biggest winners in terms of real income gains from the full implementation of the African Continental Free Trade Area (AfCFTA). The AfCFTA pact was created by the African Continental Free Trade Agreement among 54 of the 55 African Union nations and is the…
Myles Matarise STAFF WRITER matarisem@dailynews.co.zw All the main telecommunication companies (telcos) – both mobile and fixed – are set to adjust their tariff upwards today (the beginning of August) or have already done so. This follows their regulator Potraz’s consent that they charge for their services in both local and foreign currency at a…
JSE-LISTED Anglo American Platinum (Amplats) lost 521 600 ounces of platinum group metal (PGM) production in the quarter ended June 30 as a result of Covid-10 lockdowns in Zimbabwe and South Africa. The company reported a 41 percent year-on-year decrease in platinum, palladium, rhodium, ruthenium and iridium (5E) and gold production for the quarter, at…
The soaring levels of unemployment in the country as well as the operational restrictions in the informal sector as a result of the Covid-19 pandemic has left a number of people without a source of income to sustain themselves as well as their families. This has seen an increase in the number of home burglaries…
Afritractors is Zimbabwe’s sole distributor for Farmtrac, one of the market leaders in the Tractor Segment in the world, based on the previous renowned Ford Models DNA.It is Manufactured by Escorts Group, India’s third largest tractor manufacturer and the world’s top ten. The 20-113hp Farmtrac range has been on the Zimbabwean Market since 2018. …
Austin Karonga Staff Writer karongaa@dailynewsonsunday.co.zw DESPITE over two decades of love for the wild and tourism industry, coronavirus has dealt a blow to businesses hinged on free travel, says Jason Turner, general manager for tourism at the award-winning Singita Pamushana Lodge in Malilangwe Wildlife Reserve, Chiredzi. “The Covid-19 pandemic has had a drastic impact…
ZIMBABWE’S hard-pressed industries have urged the government and other stakeholders in the information and communication technology sector to set up reliable infrastructure required for the country to boost economic growth. This comes as low levels of technology adoption in the country are limiting the potential for digital solutions in enhancing sustainable development. Henry Ruzvidzo, the…
Emporium Real Estate & Land Development is a profound Zimbabwean Company specialising in all buying and selling of infrastructure, survey consultancy, land development and construction. Our company has managed to gain presence and working partnerships with local authorities, co-operatives and central government in the provision of services and stands to the citizens of this country…
Diaspora remittances play a key role in Zimbabwe’s economic growth and sustainable development. Among other things, the remittances sent by migrants to their families support start‑ups, small‑scale enterprises in addition to boosting household consumption and demand for locally produced goods and services. Additionally, remittances are an important source of income for health and nutrition, education…
