Business

US$1m youth fund disbursement begins

SHAMAINE CHIRIMUJIRI AUTHORITIES have begun rolling out the US$1 million Youth Economic Fund to empower vulnerable and unemployed youth across Zimbabwe.The initiative targets young people who are currently out of employment, education, or training across all 10 provinces.This major rollout follows the official approval of the National Youth Policy, a comprehensive multi-sectoral framework designed to…

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Maize supply rebounds on ZMX

GRAIN deliveries to the Zimbabwe Mercantile Exchange (ZMX) rose this week as peak har­vesting boosted farmer supplies, easing market shortages, lower­ing maize prices and improving trading activity. According to the latest ZMX auction results for the week ended June 5, 2026, increasing harvest inflows are beginning to reshape the local grain market which had been…

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Ema rallies nation against plastic menace

Tapiwa ChirumeTHE Environmental Management Agency (Ema) has called for collective national efforts to curb plastic pollution, warning that the growing menace contributes to widespread environmental degradation.In a statement yesterday ahead of the commemoration of World Environment Day, Ema said public participation was critical in building a healthier environment.“Zimbabwe will join the world in commemorating World…

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New UN head for Zimbabwe

Masimba Makwembere UNITED Nations (UN) secretary-general António Guterres has appointed India’s Rosemary Kalapurakal as the UN Resident Coordinator in Zimbabwe with effect from this month.This was with approval from the Zimbabwe government. In a statement, Guterres’ office said Kalapurakal was a seasoned professional with over 25 years of experience in policy and sustainable development.Her appointment…

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RBZ issues ZiG stabilisation bill

THE Reserve Bank of Zimbabwe has issued a 90-day open market ZiG500 million instrument to manage liquidity and stabilise the local currency.The ZiG Denominated Term Deposit Facility Bill (ZiGDTDF) is a modern liquidity sterilisation tool introduced under the 2026 Monetary Policy Statement.In a notice, the RBZ said it aimed to “enhance reserve money management, support…

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Sandawana Mines to relocate 60 graves

MASIMBA MAKWEMBERA SANDAWANA Mines Pvt Ltd has announced plans to exhume and relocate human remains from 60 identified graves to accommodate expanded mining operations and a new processing plant.The graves are located within the mining lease area under Chief Mahlebadza in Mberengwa District, the Midlands Province.In a notice issued yesterday, the company stated that the…

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Mobile clinics reach thousands in Byo

Hazel Marimbizain BULAWAYO MORE than 8 800 residents in Bulawayo have accessed free primary healthcare services through a partnership between Zimbos Abantu Healthcare on Wheels and the National Aids Council (NAC), significantly improving medical access in underserved communities.Speaking during a tour of the programme’s impact in Cowdray Park yesterday, , Zimbos Abantu Healthcare on Wheels…

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Govt taps diaspora skills

Shamaine ChirimujiriSTAFF WRITERTHE government has signed a memorandum of understanding (MoU) with the Zimbabwe Diaspora Nation Building Initiative (ZDNBI) to harness the expertise and resources of Zimbabweans living abroad to address local skills gaps and accelerate national development.The agreement comes as Zimbabwe continued to experience significant emigration of professionals seeking opportunities abroad, creating shortages in…

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Safeguard ordered to pay US$50k compensation

RUTENDO NGARA ONE of Zimbabwe’s largest security companies, Safeguard, has been ordered to pay Macdonald Bricks US$50 000, which was lost during an armed robbery in Bulawayo’s Montgomery suburb.Macdonald Bricks took Safeguard and its security officer, William Ncube, to court, demanding compensation for losses incurred after alleging that the company either colluded with robbers or…

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