AUTHORITIES say they are intensifying their crackdown on counterfeit and substandard products, as the proliferation of fake goods is undermining investor confidence and threatening the country’s economic progress. Speaking at a Consumer Protection Commission conference yesterday, the deputy minister of Industry and Commerce, Raj Modi, said fake products were corrosive and a threat to development….
Tapiwa Chirume CHINESE investors in Zimbabwe are becoming increasingly concerned about the escalating generalised and gratuitous attacks on their operations in the country, especially on social media. In this regard, China’s suave ambassador to Zimbabwe, Zhou Deng, has urged locals to bear with, appreciate and work closely with foreign investors — saying this will help…
LEADING financial services institution, Stanbic Bank Zimbabwe, has been named the best bank in Zimbabwe at the recent The Financial Gazette Top Companies Survey Awards 2024 ceremony. The Top Companies Awards reward companies that demonstrated tangible growth in business volumes and generated positive, sustained net cashflows, confirming a return to fundamental business metrics as the…
Takudzwa Dhambu ARCHBISHOP Paul Mwazha, the renowned and amiable leader of the African Apostolic Church (AAC), has died at the age of 107. Mwazha, whose followers referred to him as Mutumwa, passed away yesterday after a long illness. The death of the church leader was confirmed by AAC general secretary Jeshua Mhizha. “Good morning! The…
BUY Zimbabwe yesterday hailed significant national economic progress in the country, confirming that local content policies are successfully driving industrial growth and economic self-reliance. In a statement yesterday, Buy Zimbabwe praised the combined efforts of the government, industry, and local producers in strengthening the country’s local content value chains. “Buy Zimbabwe commends the significant strides…
Brandon Josphat CHIEF WRITER LAWMAKERS have implored authorities to review the salaries and other working conditions of civil servants, in the light of the rising cost of living in the country. Speaking in the Senate on Tuesday, the Senator for Matabeleland South, Sithabisiwe Moyo, said the poor remuneration of civil servants was undermining effective public…
FIRST Capital Bank (FCB) has entered into a definitive binding agreement with ASB Hospitality LLC for the disposal of its entire interest in Makasa Sun. The deal, valued at US$30 million, transfers 100 percent ownership of Makasa Sun, whose sole asset is the Makasa Sun Hotel, formerly known as The Kingdom at Victoria Falls. The…
POWER utility Zesa says it is awaiting government approval of the US$455 million Hwange power station refurbishment deal with the Indian-based company Jindal. This deal was structured under a 15-year rehabilitate, operate, and transfer (ROT) arrangement designed to bolster the country’s electricity generation capacity. Zesa acting chief executive officer, Cleopas Nyachowe, told parliamentarians on Tuesday…
Takudzwa Dhambu A MBERENGWA man has been jailed for two years for culpable homicide after his unmuzzled dog caused a child’s death from rabies. The National Prosecuting Authority (NPA) yesterday confirmed that Nhamo Zhou, 50, of Vurayayi Village, Chief Nyamondo, Mberengwa, was found guilty of a culpable homicide by the Zvishavane Magistrates Court and was…
THE Consumer Protection Commission (CPC) says it has prosecuted close to 2 000 businesses this year for various offences ranging from selling expired goods to distributing counterfeit products in a move meant to protect consumers from harmful and deceptive trade practices. Speaking during an annual consumer protection conference yesterday, CPC board chairperson, Respina Zinyanduko, said…

