Business

Stanbic Bank Zimbabwe to finance the Chirundu Border Post Upgrade and Modernisation Project

Standard Bank of South Africa and Stanbic Bank Zimbabwe are the lead arrangers and lenders of the Chirundu Border Post Upgrade and Modernisation Project and have reached Financial Close for one of the country’s milestone infrastructure development initiatives. The project is being undertaken under a Public Private Partnership between the Government of the Republic of…

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‘Long walk’ to aZiG-only nation

Brandon JosphatPOLITICAL EDITOR DESPITE the notable economic gains that the country has achieved in recent years, Zimbabwe still has some way to go before the ZiG can become its sole medium for all domestic transactions, the Reserve Bank of Zimbabwe (RBZ) has reiterated.While authorities continue to vigorously champion the wider adoption of the local currency…

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Councils warned over poor service delivery

Tapiwa ChirumeSTAFF WRITER LOCAL authorities have been warned against sleeping on the job as the government cracks down on worsening municipal service delivery.Addressing local government officials in Kadoma on Monday, the permanent secretary in the ministry of Local Government, Tafadzwa Muguti, said councils could no longer hide behind legacy problems, strategic plans or endless workshops…

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Police smash brutal Beitbridge robbery ring

TAPIWA CHIRUME SIX suspects have been arrested in connection with a spate of armed robberies targeting service stations and lodges in Beitbridge, with police recovering air pistols, ammunition and other items believed to have been used in the crimes.The suspects — Clatton Dube, 36, Tapiwa Trymore Moyo, 38, Philimon Bernard Dambwara, 34, Nyasha Muparira, 45,…

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Bulawayo to open drug rehab centre

Hazel Marimbizain Bulawayo BULAWAYO City Council(BCC) will lease Lobengula Clinic to establish a dedicated drug rehabilitation centre, easing mounting pressure on Ingutsheni Central Hospital’s psychiatric wards.This development would see the 6 600-square-metre Lobengula Clinic being leased to the government for an initial 10-year period, subject to review, following a Bulawayo City Council resolution to repurpose…

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Stability fuels growth, lowers lending rates

Tapiwa ChirumeSTAFF WRITERchirumet@dailynews.co.zw ZIMBABWE’S economy is on a solid path forward, anchored by steady prices and a stable local currency, the central bank has sad.In a statement after the meeting of the Reserve Bank of Zimbabwe (RBZ) Monetary Policy Committee on Monday, the bank said the country was firmly on track to achieve “the initially…

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ED vows to improve livelihoods

Brandon JosphatPOLITICAL EDITOR PRESIDENT Emmerson Mnangagwa has vowed to uplift ordinary citizens through economic growth, job creation, and targeted empowerment programmes.Addressing the official opening of the Fourth Session of the 10th Parliament and delivering the State of the Nation Address (SONA) at the New Parliament Building in Mt Hampden yesterday, Mnangagwa stated that his administration…

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Domestic violence crisis rattles Parly

Mugove TafirenyikaASSISTANT EDITORA SURGE in deadly domestic disputes has rattled Parliament, with lawmakers demanding greater investment in prevention and Speaker Jacob Mudenda urging families to revive traditional mechanisms for resolving conflicts.Raising a point of national interest in the National Assembly last week, Manicaland Women’s Quota MP, Getrude Mutandi, said the country could no longer afford…

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