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Funeral industry gets training institute

HARARE – The Institute of Funeral Business Management (IFBM) — a training and research institute focussing on skills and information development for the funeral industry has been launched. This comes as demand for skilled undertakers, morticians, embalmers and the industry’s supporting staff who can operate in a compliant manner far outweighs supply in Zimbabwe and…

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Zas partners ZCDC to boost national herd

HARARE – President Emmerson Mnangagwa is expected to officially launch an artificial insemination project in Manicaland on Thursday, aimed at improving indigenous cattle genetics, which should improve rural incomes ultimately leading to better livelihoods. The programme, which is being spearheaded by the Zimbabwe Agricultural Society (Zas) in partnership with the Zimbabwe Consolidated Diamond Company (ZCDC),…

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SeedCo invests in research

HARARE – SeedCo has invested immensely towards research to ensure optimum yields in its commitment to support economic growth and poverty reduction through agricultural development. Denias Zaranyika, the group’s managing director, said at a media luncheon this week that farmers should treat farming as a business, and with correct standardisation, production capacity will increase. “As an…

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Property prices anticipated to remain high

HARARE – Prices in the property sector are anticipated to remain high going into 2019 compared to regional peers, on the back of inflationary pressures, a local research firm has said. Old Mutual Securities (Omsec) said going into the New Year, the property sector was set to see higher prices compared to regional peers on…

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Zimnat launches automated licensing machine

HARARE – Zimnat yesterday launched an Automated Licensing Machine through its motor insurance sub brand GeneInsure. This was after the insurance group launched GeneInsure last month, which “targets all motor insurance consumers regardless of their income level”, in a bid to appeal to the mass market. The licensing machine, which is in the form of…

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Zim inflation rises to 31pc

HARARE – Zimbabwe’s year on year inflation rate for the month of November stood at 31,01 percent, gaining 10,16 percentage points on the October rate of 20,85 percent following a surge in prices of goods and services, the Zimbabwe National Statistical Agency (Zimstat) said yesterday. This was after government imposed a two percent tax on…

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Boost for Mthuli Ncube’s new sovereign wealth fund

HARARE – Finance and Economic Development minister Mthuli Ncube has proposed setting up a sovereign wealth fund (SWF) to help boost economic growth, but the plan is being hampered by a critical funding shortfall, with a private investor offering to bankroll the initiative. President Emmerson Mnangagwa, who replaced iron-fisted ruler Robert Mugabe as Zanu PF…

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‘Allow some service stations to sell fuel in US dollars’

HARARE – The Daily News on Sunday’s Nokuthaba Nkomo sits down for a wide-ranging interview with businessman, pastor and political commentator Shingi Munyeza.  Find below excerpts of the interview. Q: You have called on government to sell fuel in United States dollars (USDs). Why do you think this is the best way to go given…

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‘Zim govt incurs credibility deficit’

HARARE – Government is running under a serious credibility deficit, as the long-suffering Zimbabweans continue to lose hope in its economic policies, analysts have observed. The four months preceding the July 30 elections have been a perdition to Zimbabweans after the August 1 army killings of innocent civilians on the streets of Harare resulted in…

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Funeral assurers should embrace technology: Ipec

HARARE – The Insurance and Pensions Commission (Ipec) has urged funeral assurers to take advantage of new technologies to increase business. In a statement accompanying its funeral assurers report for the half year ended June 2018, the regulator said funeral assurers should take advantage of mobile platforms and other information and communication technology (ICT).   …

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