THE Bulawayo City Council (BCC) councillors have urged the city’s engineering services department to be innovative and look for investors to assist in road rehabilitation. They also feel that the government’s two phases of the emergency road rehabilitation programme (ERP) failed to have any meaningful impact. Speaking at a full council meeting yesterday, Bulawayo deputy…
THE Supreme Court has set aside an arbitration award granted to the ministry of Industry which allowed the relevant minister to appoint board members for pharmaceutical company, CAPS Holdings Limited. The ministry and the company were locked in a battle over the control of the company which was triggered after then Industry and Commerce minister…
GMB is struggling to distribute food aid to hunger-stricken citizens as they do not have enough funds for transportation. Speaking in the Senate recently, Social Welfare minister July Moyo said some food aid was still stuck and Grain Marketing Board (GMB) depots as they were failing to transport it.“The Department of Social Protection is making…
THE People’s Own Savings Bank (POSB) has rolled out 15 advanced automated teller machines (ATMs) across its service centres as part of enhancing customer experience and convenience. The leading financial services provider said the just-launched automated teller machines were part of 30 they intend to install across the country. “The launch of the ATMs is…
THE Commissioner-General of the Zimbabwe Revenue Authority (Zimra), Regina Chinamasa, will headline the annual tax indaba hosted by The Financial Gazette. The…
ZIMBABWE’s State-owned mobile operator, NetOne, says voice services remain relevant despite a surge in demand for data across the country. The telecoms operator’s chief executive Raphael Mushanawani revealed a near-even split in revenue share between data and voice, currently at 51 percent and 49 percent respectively. “Voice remains relevant,” Mushanawani told The Financial Gazette. “However,…
THE Tobacco Industry and Marketing Board (TIMB) is hunting for a new chief executive officer (CEO) following the dismissal of the then CEO Meanwell Gudu last year by the board. Gudu was suspended in 2022 before he was fired last year over US$2 million fraud allegations. Emmanuel Matsvaire, the head of business development, has been…
FIRST Capital Bank (FCB) is taking a significant step towards financial inclusion with the launch of low-cost, no-frills US dollar accounts. This…
ECONET Life, the country’s leading life assurance provider, has launched Enda Smart Schools Promotion valued at US$30 000. Econet Life chief life and principal officer Godwin Mashiri said the Enda Smart Schools Promotion is open to parents who register and pay by February 28, 2024. Lucky parents stand a chance to win school fees vouchers…
THE Zimbabwe Tobacco Farmers Union (ZTFU) says farmers are now ready for the 2024 marketing season. This comes as Tobacco Industry and Marketing Board (TIMB) said this season farmers grew less hectares as compared to the previous season mainly due to delayed onset of the rainy season. Speaking to the Daily News yesterday, ZTFU president…
