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Power shortages depress mining sector

© The country’s worsening power shortages, lack of foreign currency and foreign exchange reserves continue to have negative consequences for the mining sector, financial research firm Equity Axis has said.  [GoogleAd] The sector, however, continues to be the major contributor to economic activity with the sector enjoying 57 percent of the country’s export basket.  All…

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ZMC Bill falls short of expectations

© The gazetted Zimbabwe Media Commission (ZMC) Bill falls far short of expectations of the media industry, Voluntary Media Council of Zimbabwe (VMCZ) has said. [GoogleAd] “Regrettably, the ZMC Bill is at a tangent to proposals and recommendations that were recently put forward and submitted by civil society and other media freedom activists to the…

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Paz slams police over harassments

© Passengers Association of Zimbabwe (Paz) has said it was dismayed, disappointed and disconcerted by the actions of the Zimbabwe Republic Police whereby they are stopping and searching passenger service vehicles, as well as asking for identity particulars. [GoogleAd] “It is common cause, that these arbitrary actions are infringing on constitutional rights of the travelling…

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Shiri to headline Daily News Breakfast Forum

© LANDS, Agriculture, Water, Climate and Rural Resettlement minister Perrance Shiri will be the guest of honour and keynote speaker at the Daily News Business Breakfast Forum for the Second Quarter State of the Economy report to be held at Rainbow Towers in Harare on September 12. [GoogleAd] Shiri will share the podium with Mines…

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‘Army key to national talks’

© PRESSURE is mounting on President Emmerson Mnangagwa to hold an all-inclusive dialogue that goes beyond politicians — to include the military, the church, academics and civil society — to help turn around Zimbabwe’s fortunes, the Daily News can report. [GoogleAd] This comes as political tensions continue to rise in the country, forcing the international…

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Price increases  trigger tension…as life keeps getting harder for Zimbabweans

© WITH the prices of basic goods and fuel continuing to rise at an alarming rate — amid the country’s worsening economic rot — long-suffering Zimbabweans see no light at the end of the tunnel for their miserable lives, the Daily News can report. [GoogleAd] This comes as economic experts have also poured cold water on incredulous…

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Harare in urban renewal drive

© HARARE City Council has launched an urban renewal project that will see the city demolishing old toilets and sprucing up the Central Business District and other areas. [GoogleAd] At the launch, Harare Mayor Herbert Gomba, pictured, said the city’s now outdated look was no longer attracting investors and tourists. The urban renewal programme comes…

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Old Mutual, Ace Air launch emergency rescue service

© Old Mutual, Zimbabwe’s leading insurance provider, has partnered with Ace Air and Ambulance Pvt Ltd to offer an emergency air and road ambulance medical rescue package to its existing and new customers with effect from September 1, 2019. [GoogleAd] In his opening remarks at the launch, Old Mutual Insurance Company managing director, Shepherd Fungura,…

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Japan PM tells ED to implement reforms

© JAPAN Prime Minister Shinzo Abe has told President Emmerson Mnangagwa to implement political and economic reforms in order to transform Zimbabwe’s economy.   [GoogleAd] This comes as Mnangagwa’s government has been hogging the limelight for all the wrong reasons that range from abuse of human rights, banning of opposition demonstrations and also abductions of…

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New currency was the only option — Mthuli

© GOVERNMENT discarded the multi-currency regime it adopted in 2009 and reintroduced the Zimbabwean dollar because that was the only option available which the opposition would have taken too, Finance minister   Mthuli Ncube has claimed. [GoogleAd] In 2009, Zimbabwe allowed the US dollar and other foreign currencies to be used as legal tender in…

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