CHIEF WRITER THE Reserve Bank of Zimbabwe (RBZ) last night said network challenges were affecting banking services and related operations. In a statement, the Central Bank said it was committed to restore normal services and it was working diligently to resolve these issues as quickly as possible. “The Reserve Bank of Zimbabwe wishes to notify…
CHINESE nickel producer Tsingshan Holding Group plans to invest US$800 million in its steel plant in central Zimbabwe through its unit Dinson Iron and Steel Company, a top company official said at a media tour on Friday. Tsingshan, one of the world’s leading nickel producers, has already made significant investments in Zimbabwe. Apart from the…
POLICE and the Attorney General’s office are now wrapped up with work to introduce mandatory sentences for drug peddlers amid a surge in substance abuse in the country. Speaking to the Daily News — the country’s most influential newspaper — national police spokesperson, Paul Nyathi, said Zimbabwe’s laws needed to be tightened to deter people…
THE ruling Zanu PF’s youth league has fiercely criticised ministers and senior government officials for failing to deliver on President Emmerson Mnangagwa’s promises to young people. Speaking at the Zanu PF youth league national assembly last week on Friday, the league boss Tino Machakaire said youth must be given what they have been promised by…
AUTHORITIES have banned with immediate effect the identification of land in cities, towns and growth points by individuals or groups for housing, commercial, industrial and institutional development. This comes as the government is fretting over the increasing number of marauding land barons across the country. Public Works advises the general public that from now onwards…
A DEVASTATING fire tore through the Glen View 8 home industry complex again yesterday, destroying thousands of dollars in property. The blaze occurred just three weeks after a similar incident caused extensive damage, further compounding the misery for the 2 383 informal traders who depend on the complex to produce and sell furniture. Chairperson of…
THE National University of Science and Technology (Nust) has partnered with a Czech Republic company, Better Engine Performance, to test a new fuel additive meant to improve engine performance, lower fuel consumption, and reduce harmful emissions. Project leader Langa Moyo said the additive, available in both pill and liquid form, would be tested in Zimbabwe…
GOKWE North Rural District Council (RDC) will hold a public auction of stray livestock next month to manage unclaimed animals impounded within the district. The auction, scheduled for September 9 to12, will feature the sale of 84 impounded animals, including cattle and donkeys. The sales will take place at designated places in Nembudzia, Queen Pound,…
POLICE have arrested a Shamva man, Blessing Kennes, in connection with a major theft in Ruwa that saw US$182 000 in cash and other valuables worth US$8 000 stolen. National police spokesperson Paul Nyathi confirmed the arrest yesterday, adding that the suspect’s accomplice was still at large. “The Zimbabwe Republic Police confirms the arrest of…
RIOZIM is temporarily suspending the sale of its mines, following a legal challenge by the Zimbabwe Diamond & Allied Minerals Workers Union. Recently, the miner had announced that it was nearing a deal with new investors who would inject US$20 million and take over the struggling miner. The major line of credit and a new…
