DARK Fibre Africa (DFA) Zimbabwe has been licensed by the Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) to resell Starlink services in the country. This comes as a total of six dealers, Aura, TelOne, ZODSAT, Dandemutande, Frampol and DFA Zimbabwe, have been licensed by Potraz to be resellers of Starlink services in the county….
RETAIL giant OK Zimbabwe has assured its customers that its stores are open for trading amid reports of closure of some branches across the country. This comes as there are growing concerns over the future of major retail shops in the country in the face of the ubiquitous and unregulated informal sector. In a statement…
Stella Madzivanyika STAFF WRITER madzivanyikas@dailynews.co.zw HARVESTING of early planted and irrigated tobacco has commenced in some parts of the country amid favourable rains being received across the nation. The Tobacco Industry and Marketing Board (TIMB) yesterday said farmers were optimistic of harvesting a quality leaf this season as good farming practices were followed. “Reaping of…
MASVINGO province has embarked on a project targeting to generate more than 150 megawatts (MW) from both hydro and renewable energy to reduce power outages in the province. This comes as the country is facing severe power outages due to low water levels at Kariba Dam and frequent breakdowns of old machines at the Hwange…
THE Zimbabwe Energy Regulatory Authority (Zera) has reviewed the price of liquefied petroleum gas (LPG) downwards both in foreign and local currencies. This comes as prices of gas have been reviewed twice last month whereas the minister of Finance, Mthuli Ncube, in his 2025 budget exempted it from Value Added Tax (VAT) to mitigate the…
SMALL-SCALE miners are this year targeting to increase gold production and deliveries to the Fidelity Gold Refinery (FGR) to 40 tonnes from a record 36.48 tonnes produced last year. This comes as last year’s production marked a 21 percent increase compared to 2023, figures released by the FGR last week show. According to the Zimbabwe…
THE reduction of capital gains withholdings tax on marketable securities on the Zimbabwe Stock Exchange (ZSE) to one percent from two percent previously kicked into effect this week amid expectations it will boost overall investment activity. Capital gains tax is a charge levied on the monetary gains arising from the disposal of a specified asset…
THE Hon Dr. A.J. Masuka, the Minister of Lands, Agriculture, Water, Fisheries, and Rural Development, has extended the deadline for destroying tobacco seedbeds to 15 January 2025. The Plant Pests and Diseases (Tobacco) Regulations, 1979, mandates that all tobacco seedbeds be destroyed by 31 December to break the life cycle of pests and diseases that…
MINING companies have been challenged to embrace responsible mining activities as this will boost Zimbabwe’s minerals on the global market. This was said yesterday by the Association of Mine Managers of Zimbabwe (AMMZ) president, Abel Makura, in an interview with the Daily News yesterday. “Mining companies should conform to environmental, social and governance (ESG) requirements…
THE Institute of Corporate Governance Zimbabwe (ICGZ) has recognised excellence in corporate governance at the 2024 corporate governance awards held in Harare recently. The awards reflect the importance of good corporate governance and environmental, social, and governance (ESG) reporting and practices for listed companies, large unlisted companies, and private and public sector entities with their…
