POLITICS

Protesters plan Beitbridge Border Post shutdown

Zimbabweans in South Africa are mobilizing for protests that could disrupt operations at the Beitbridge border post, the country's busiest crossing, in response to concerns about Zimbabwe's disputed A...

By Staff reporter | Published: 12 September 2023

BUSINESS NEWS

NRZ targets US$1m from property leases

National Railways of Zimbabwe (NRZ) is targeting to generate at least US$1 million annually from leasing out some of its properties across the country as part of an initiative to widen its revenue bas...

By Staff reporter | Published: 12 September 2023

ASIA PACIFIC

Oil price resurgence has further to run

When crude surges above US$90 a barrel and the leaders of Saudi Arabia and Russia get on the phone to congratulate each other on a job well done, oil consumers should take note.After half a year in th...

By Bloomberg | Published: 12 September 2023

AMERICAS

US dollar starts week under pressure

The dollar's record hot streak came under threat yesterday as Asia's biggest central banks took aim in different ways at the recent rally in the greenback.The People's Bank of China gave a strong warn...

By Bloomberg | Published: 12 September 2023

ZIMBABWE

Inflationary pressures choke Zimbabwe industry

A rising bout of inflation is posing a severe threat to Zimbabwe's industries amid growing fears most companies will struggle to restock, which could potentially trigger a significant reduction in pro...

By Staff reporter | Published: 02 June 2022

BUSINESS NEWS

Mixed feelings over produce market

Informal traders in the City of Mutare have raised mixed feelings over the establishment of a produce market in the sprawling suburb of Dangamvura.The Mutare City Council in partnership with Care and ...

By Staff reporter | Published: 02 June 2022

BUSINESS NEWS

Call to improve Harare's bad liveability ranking

The city of Harare should work to improve its bad ranking in the liveable index to attain world class city status, Harare Residence Trust director Precious Shumba has said.Harare City Council has been...

By Staff reporter | Published: 02 June 2022

Nestlé Zimbabwe fosters Agripreneurship

Food and beverages concern, Nestlé Zimbabwe, says its National Dairy Empowerment Scheme (NDES) has evolved to focus on agripreneurship as it seeks to scale up output and build competences in farmers....

By Staff reporter | Published: 02 June 2022

All set for women in PR conference

The Institute of Public Relations and Communication Zimbabwe (IPRCZ) will hold a conference for women in public relations at the end of this month in the capital Harare.Information, Publicity and Broa...

By Staff reporter | Published: 02 June 2022

Shortage of oil refineries haunts Africa as fuel prices rocket

A shortage of oil refineries across sub-Saharan Africa coupled with soaring crude prices because of the war in Ukraine has left countries dangerously short of fuel supplies, disrupting airlines and ca...

By Staff reporter | Published: 02 June 2022

LANDS & AGRICULTURE

Milk production in July increases 5%

Milk production increased 4.84% in July to 6.5 million litres which is two thirds of the country's monthly requirements of 10 million litres. According to the latest Zimbabwe Dairy Services stati...

By Staff reporter | Published: 01 September 2020

ZIMBABWE

Zim$ depreciates 27.28% as Reuters goes live

The Reuters foreign currency trading platform went live today, marking Zimbabwe's long-delayed step towards a transparent and effective foreign exchange trading platform.This also comes as Bureaux de ...

By Staff reporter | Published: 18 March 2020

CONSTRUCTION & PROPERTY

Lafarge to double capacity after launching US$25m expansion project

Lafarge has budgeted US$25 million for its expansion project which will double capacity by year-end 2022.  The expansion plan kicked off this morning at a ground-breaking ceremony for a Dry Morta...

By Staff reporter | Published: 11 March 2020

BUSINESS NEWS

AMG boss proposes gold-backed Zimbabwe currency to RBZ

A leading South Africa precious metals dealer African Medallion Group (AMG) has proposed to the Reserve Bank of Zimbabwe (RBZ) the launch of a digital currency backed by physical gold, with an aim to ...

By Staff reporter | Published: 07 November 2019

BUSINESS NEWS

Chasi proposes 30-year sentence for Zesa vandals

Energy and Power Development Minister Fortune Chasi has proposed a 30-year mandatory prison sentence for vandalising ZESA infrastructure. This comes after the power utility has suffered losses amounti...

By Staff reporter | Published: 29 October 2019

POLITICS

Zvoma, wife in stalemate over property

FORMER clerk of Parliament Austin Zvoma and his estranged wife Maria (nee Jeche), have reached a stalemate over the distribution of their immovable properties in Harare in divorce proceedings currentl...

By Staff reporter | Published: 22 October 2019

BUSINESS NEWS

Fuel prices remain unchanged

THE Zimbabwe Energy Regulatory Authority (Zera) said on Saturday that the country's fuel prices remain unchanged for this week, much to the relief of motorists used to weekly price increases. This i...

By Staff reporter | Published: 22 October 2019

BUSINESS NEWS

Mnangagwa encourages industries to export 20% of their produce

President Emmerson Mnangagwa (pictured) yesterday urged companies and producers to export 20% of their produce to the foreign markets, but retain 80% for local markets.Mnangagwa made the remarks while...

By Staff reporter | Published: 18 October 2019

POLITICS

Mnangagwa, Chamisa under immense pressure to dialogue

President Emmerson Mnangagwa and opposition leader Nelson Chamisa have come under immense pressure to dialogue Zimbabwe's way out of the economic meltdown with analysts saying that was the only soluti...

By Staff reporter | Published: 18 October 2019

BUSINESS NEWS

Energy Perm sec under ZACC probe

The Zimbabwe Anti-Corruption Commission (Zacc) is probing Gloria Magombo, the permanent secretary of the Ministry of Energy and Power Development on allegations that she has been drawing a salary fr...

By Staff reporter | Published: 18 October 2019

MINING & RETAIL

ZIMRA delays Prospect's bid to increase stake in Arcadia

Prospect Resources says a Zimbabwe Revenue Authority (ZIMRA) clearance certificate is the only remaining consent required to complete the transaction of increasing its stake in Arcadia Lithium Project...

By Staff reporter | Published: 17 October 2019

SOCCER

Bosso express gratitude to Ezra Tshisa Sibanda

HIGHLANDERS chairperson Kenneth Mhlophe has praised United Kingdom-based radio personality Ezra "Tshisa" Sibanda for his crowd-funding efforts to help the Bulawayo giants. While the Daily News could n...

By Staff reporter | Published: 17 October 2019

Grace Mugabe's problems mount by the day

FORMER first lady Grace Mugabe risks losing one of the properties that forms part of her family's sprawling residence in Harare's leafy suburb of Borrowdale famously referred to as the Blue Roof follo...

By Staff reporter | Published: 14 October 2019

POLITICS

Mnangagwa's chief of protocol quits

President Emmerson Mnangagwa's chief of protocol Munyaradzi Kajese has resigned after a career spanning over three decades in the presidency, reports said Thursday.Kajese was one of former president R...

By Staff reporter | Published: 11 October 2019

MINING & RETAIL

Colliery bounces back to profitability

HWANGE Colliery Company Limited (HCCL) is on the rebound after posting a profit of $3,5 million in the first half of 2019, recovering from a loss of $23 million recorded in 2018.The troubled firm had ...

By Staff reporter | Published: 11 October 2019
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