RESERVE Bank of Zimbabwe (RBZ) governor John Mangudya says gold deliveries to its subsidiary, Fidelity Printers and Refiners (FPR), were lower in the first nine months of this year compared to the same period previously, largely due to some non-compliance issues. At the same time one of the indigenous local firms contracted to buy gold…
AN UNPRECEDENTED rush of clearing land to erect concrete jungles is leading to scarcity of water and frequent droughts in landlocked Zimbabwe. Experts believe that due to illegal construction, over two million residents of the capital Harare, now do not have access to running water. The southern African country, known for its landscape and diverse…
PEOPLE surrounding President Emmerson Mnangagwa pretend to love him when in reality they will be masking their corrupt tendencies, opposition legislators have said. This comes after Mnangagwa has declared zero tolerance to corruption. Speaking in the National Assembly on Thursday, MDC MP for Southerton Peter Moyo said people who bootlick the president are the most…
ECONET and Royal Bafokeng Holdings (RBH) have entered into a partnership to develop up to 175MW of solar energy assets in selected African countries. RBH will invest up to US$20 million through Distributed Power Africa (DPA), Econet’s solar energy subsidiary. RBH is a long-term African community investment holding company with a legacy of partnering successfully…
FOR 18 years, Thokozile Ncube has been planting her crops in manure-filled holes covered with straw – and every year, she grows enough to feed her family, as other farmers in Zimbabwe’s drought-prone Matobo district watch their crops shrivel. The traditional planting method helps crops survive droughts by keeping them hydrated for longer than tilling…
Blessings Mashaya SENIOR STAFF WRITER mashayab@dailynews.co.zw So bad is the political climate within Zanu PF at the moment that its secretary for security in pictured, readily admitted to the Daily News yesterday that senior the deepening infighting within the ranks of the former liberation movement. This comes as the countdown to the DCC elections has…
Blessing Masakadza STAFF WRITER masakadzab@dailynews.co.zw THE alleged gold smuggling syndicate made up of Zimbabwe Miners Federation president Henrietta Rushwaya, intelligence officers and businessman Ali Mohamad, yesterday appeared in court jointly on allegations of smuggling and unlawful possession of 6kg of the precious mineral. Mohamad; two central intelligence organisation operatives Steven Tserayi and Raphios Mufandauya; and…
THE police are hunting for 10 armed notorious robbers who allegedly caused havoc, robbing a number of motorists along Beitbridge-Dite Road. In a statement yesterday, police spokesperson Paul Nyathi said the robbers committed the crimes on Tuesday. “The Zimbabwe Republic Police has launched a manhunt for 10 unknown armed robbers who attacked eight motorists on…
AMERICAN entrepreneur and animator, Walt Disney once said: “the best way to get started is to quit talking and begin doing.” “The pessimist sees difficulty in every opportunity. The optimist sees opportunity in every difficulty”,- this sum up the story of four hard working and focused young men who have led M&G Group, a consultancy…
Mugove Tafirenyika SENIOR STAFF WRITER tafirenyikam@dailynews.co.zw ZANU PF MPs have expressed concern over the United Kingdom (UK) criticism of Zimbabwe, saying the country’s former colonial master was not an oasis of democratic practice, the Daily News reports. This comes after Zimbabwe was debated in the British House of Lords on Tuesday where members argued that…
