Business

Afreximbank unveils green Harare trade hub

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THE African Export-Import Bank (Afreximbank) says its Southern Africa Regional Office, the Afreximbank African Trade Centre Harare (AATC), is expected to become one of Harare’s green-certified buildings when construction is completed in the first quarter of 2027.The mixed-use development, located at the corner of Chitepo Avenue and 7th Street in Greenwood Park, central Harare, is…

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Zanu PF shuts down critics’ monarchy talk

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BRANDON JOSPHAT Political Editor THE ruling Zanu PF says it has no intentions of replacing the country’s current republican framework with a monarchy. Speaking to the Daily News On Sunday at the weekend, the party’s spokesperson, Christo­pher Mutsvangwa, said the re­cently introduced Munhumutapa Day holiday had “absolutely nothing to do” with establishing a monarchy in…

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Zimbabwe seeks World Bank debt support

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News Editor ZIMBABWE is seeking World Bank support to clear its international debt and unlock fi­nancing for its social and economic develop­ment to improve livelihoods, the Minister of Finance, Mthuli Ncube, has said. Speaking after meeting World Bank managing di­rector Anna Bjerde and senior officials in New York on Friday, Ncube said the bank’s backing…

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Business

BII signals confidence in Zimbabwe reforms

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KUDZANAI GEREDE G THE combined US$50 million credit facility extended by British International Investment (BII) to two local banks signals growing confidence in Zimbabwe’s economic reforms and re-engagement efforts.The credit lines, split into US$30 million and US$20 million for CABS and NMB, respectively, mark a return to Zimbabwe by the United Kingdom government-owned development financier…

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Chaos erupts as municipal police, vendors clash

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TENSIONS boiled over in Harare’s First Street yesterday as municipal police and defiant street vendors engaged in intense running battles, leaving parts of the capital’s central business district temporarily gridlocked. The violent confrontations, witnessed by the Daily News On Sunday, erupted as enforcement teams swooped on illegal traders occupying pavements and undesignated trading spaces. Stallholders…

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MCAZ cracks down on illicit drugs

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THE Medicines Control Authority of Zimbabwe (MCAZ) is pushing for tighter controls on vet­erinary medicines amid concerns over the circulation of unregistered products, including prescription preparations (PPs), in the country. Speaking during the Veterinary Medicines Stakeholder Virtual meeting yesterday, MCAZ pub­lic relations officer Davison Kaiyo said the authority was engaging the Veterinary Services Depart­ment to…

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Business

Delta modernises Byo brewhouse

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Hazel Marimbizain Bulawayo DELTA Corporation has invested US$38 million dollars to replace its 43-year-old Bulawayo brewhouse and boost production capacity.The replacement is part of a combined US$38 million investment at the plant, comprising US$16 million for the new brewhouse and US$22 million for a new packaging line, as the beverage manufacturer moves to increase production…

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‘Zim’s opposition at weakest point’

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 Brandon Josphat POLITICAL EDITOR josphatbl@dailynews.co.zw ZIMBABWE’s fractured opposition faces its deepest crisis since independence in 1980, undermined by internal disunity, incoher­ent policies and personality-driven politics. This fresh sobering assessment has once again come from Bulawayo mayor David Coltart, a prominent opposition stalwart, who warns that these self-inflicted vulnerabilities are severely damaging any realistic pros­pects of…

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Pope warns against AI threat to humans

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ENTHUSIASTIC crowds started to gather in France’s capital yesterday to see Pope Leo XIV, after he warned against losing humanity in a “para­dise of machines” as concern grows about artificial intelligence. Hundreds of thousands are expected to line the streets of Paris as the leader of the world’s 1.4 bil­lion Catholics makes the first official…

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Cassava technologies joins global AI coalition

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STAFF WRITER CASSAVA Technologies joined a powerful international coalition to make artificial intelligence accessible in underrepresented African languages.Cassava is among signatories spanning an initial 60 technology companies, AI laboratories, researchers, governments, philanthropies and civil society organisations backing a five-year goal to enable an estimated 3.4 billion people who speak languages underrepresented in current AI models…

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