THE President Emmerson Mnangagwa-led Second Republic is at a critical juncture, faced with the daunting task of stabilising the economy and promoting growth. A crucial step in achieving this goal is to listen to the concerns of business, industry, and consumers, who are unanimously calling for the floatation of the exchange rate. Representatives from the…
Staff writer in Bulawayo THE Zimbabwe Council for Churches (ZCC) has called on African governments to ensure energy transition minerals benefit local communities. Speaking during a stakeholders’ indaba yesterday, the ZCC secretary-general, Wilfred Dimingu, said while energy transition minerals were essential components in today’s clean energy technologies, the mining and processing of transition minerals could…
GOVERNMENT has initiated compensation payments to owners of 94 farms protected under Bilateral Investment Protection Agreements (Bippas), which were seized for resettlement…
ECONET Wireless Zimbabwe, the largest technology and telecommunications company in the country, has denied that it suffered a data breach last week….
ZIMBABWE in 2024 recorded a growth of 11,3 percent in pension fund investments and savings translating to US$2.16 billion, the director general at the Zimbabwe Association of Pension Funds (ZAPF),says. The ZAPF seeks to promote awareness of the importance of the provisions of pensions and other employee benefits through the coordination of employees, employers, and…
THE country’s foreign currency receipts grew by 21 percent in 2024 reaching US$13,316 billion from US$11 billion received in 2023 thanks to strong exports, latest figures from the Reserve Bank of Zimbabwe show. Exports proceeds (59,2 percent), international remittances (16,2 percent) and loan proceeds (11,9 percent) dominated the foreign currency inflows. “The improved foreign currency…
THE country’s banking sector remains stable and profitable, sustained by growth in deposits and asset base while non-performing loans remain within acceptable international benchmarks, the Reserve Bank of Zimbabwe (RBZ) governor John Mushayavanhu has said. In his latest monetary policy statement, Mushayavanhu said the banking sector, despite encountering some temporary liquidity shocks, withstood headwinds in…
THE construction industry has welcomed the government’s efforts to stimulate investment in the energy sector through the introduction of Value Added Tax (VAT) deferment on capital equipment imported into the country. Zimbabwe has been facing extensive load shedding due to a shortage of power supply for both industrial and residential use.This has led to reduced…
Masimba Makwembere makwemberem@dailynews.co.zw TANO Digital Solutions (Tano), a pan-African technology company based in Zimbabwe, has been awarded the prestigious Top Cloud Performance Award at the SAP Africa Partner Summit 2025. The summit took place in Johannesburg, South Africa, and Tano was rewarded for its growing prominence in the African technology sector and its dedication to…
Stella Madzivanyika madzivanyikas@dailynews.co.zw THE Tobacco Sales and Marketing Board (TIMB) says the 2025 tobacco marketing sales will open on March 5. In a circular yesterday, the board said the season would commence with the auction of tobacco sales and the contract tobacco sales will commence the following day. Speaking to the Daily News, TIMB spokesperson…
