FIRST Capital Bank (FCB) has entered into a definitive binding agreement with ASB Hospitality LLC for the disposal of its entire interest in Makasa Sun. The deal, valued at US$30 million, transfers 100 percent ownership of Makasa Sun, whose sole asset is the Makasa Sun Hotel, formerly known as The Kingdom at Victoria Falls. The…
THE Consumer Protection Commission (CPC) says it has prosecuted close to 2 000 businesses this year for various offences ranging from selling expired goods to distributing counterfeit products in a move meant to protect consumers from harmful and deceptive trade practices. Speaking during an annual consumer protection conference yesterday, CPC board chairperson, Respina Zinyanduko, said…
THE government has launched the National Hatchery Management Guidelines, a development expected to boost fingerling production and accelerate progress toward a US$1 billion aquaculture economy. Officiating at the launch yesterday, the deputy minister of Agriculture, Davis Marapira, said the guidelines represented a decisive shift toward a more organised and efficient aquaculture industry. “It is with…
THE ministry of Environment has floated a tender to hire two aircraft for the 2025/26 cloud-seeding programme, preparing for the forthcoming rainfall season. This comes as the Meteorological Services Department (MSD) has issued an urgent warning of heavy rains, flash floods, strong winds, and thunderstorms expected across much of the country this week. According to…
Shamaine Chirimujiri VENDORS say there is a need for authorities to implement human rights-centred regulations and include street vendors in crucial social dialogue processes. This call comes as Zimbabwe joined the rest of the world in commemorating the belated International Vendors Day on Monday in Harare. Speaking to the Daily News, Vendors Initiative for Social…
TELECOMMUNICATIONS company, TelOne, yesterday launched TelOne Connect, a mobile app enabling landline users to make and receive calls on their smartphones or laptops. Speaking during the application’s launch in Harare, TelOne’s chief executive officer, Lawrence Nkala, said the application was set to reshape the communication landscape for many Zimbabweans. “In today’s world, mobility, flexibility, and…
THE Minerals Marketing Corporation of Zimbabwe (MMCZ) recorded a 14 percent surge in total mineral sales to 3,8 million tonnes for the nine months to September 2025, reflecting robust operational activity in the sector. Speaking at the MMCZ annual general meeting, the country’s minerals marketing agent’s general manager, Nomusa Moyo, said the total mineral sales…
Kudzanai Gerede A HOST of local and international investors will converge in the capital for the two-day Zimbabwe Gold Investment Conference kicking off on Monday. The conference is expected to bring together global finance leaders, institutional investors, and senior government officials to unlock the nation’s vast, underexplored gold potential. Organisers of the event, Opus Investor,…
THE Bulawayo City Council (BCC) has introduced two comprehensive local development blueprints aimed at reshaping the city’s landscape, attracting investment, and fostering sustainable, inclusive growth. Speaking during a stakeholders’ engagement, deputy mayor Edwin Ndlovu said the two frameworks, Local Plan 12 and Local Plan 18, represent a major milestone in Bulawayo’s transformation drive. “These plans…
VICE President Constantino Chiwenga has called for greater African regional collaboration, innovation, and professionalism to improve public procurement and service delivery. Speaking at the Fifth General Assembly of the African Public Procurement Network in Victoria Falls yesterday, Chiwenga stressed the need to equip professionals with the knowledge to navigate the complexities of modern procurement. “By…
