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MPs slam falling education standards

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muronzereyib@dailynews.co.zw LEGISLATORS have expressed serious concerns about the deteriorating state of the country’s education sector, citing crumbling infrastructure and a severe shortage of resources. The alarm was raised in a report tabled in the National Assembly last week by the Joint Parliamentary Portfolio Committee on Primary and Secondary Education and the Thematic Committee on Gender…

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ZTA hunts for new ceo

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THE Zimbabwe Tourism Authority (ZTA) has begun its search for a new substantive chief executive officer, inviting applications for the top post. The position has been vacant since December 2023 when Winnie Muchanyuka resigned under unclear circumstances. According to a vacancy notice at the weekend, the incoming chief executive officer would be responsible for leading…

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CR upgrades Nedbank Zimbabwe’s credit rating

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GCR Ratings (GCR), a member of Moody’s Rating Agency, has upgraded Nedbank Zimbabwe’s national scale long-term issuer rating to A+ (ZW) from A (ZW), with a stable outlook. Accordingly, the bank’s short-term national scale issuer rating has been affirmed at A1 (ZW). “The ratings upgrade reflect the increase in competitiveness score for Nedbank Zimbabwe relative…

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Fake products devastate Zim… firms closing, govt bleeding and job losses surging

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Brighton Muronzereyi and Hazel Marimbiza STAFF WRITERS BOTH authorities and big business are spooked by the soaring influx of coun terfeit goods into the country, which are undermining the economy and endangering public health. Speaking to the Daily News — the country’s most influential newspaper — the president of the Zimbabwe National Chamber of Commerce…

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TSL profit 43% up on improved volumes

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TOBACCO Sales Limited (TSL) has recorded a 43 percent profit jump to US4,3 million for the six months ended April 30, 2025 due to volume growth across most group units. This was despite a slow start to the tobacco marketing sea son. The improved volumes were able to offset the impact of a 4,5 percent…

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Gukurahundi probe fought

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ZAPU has filed an urgent High Court application seeking to stop the government from proceeding with the current Gukurahundi outreach programme. The opposition party’s leader, Sibangilizwe Nkomo, is challenging the legality of the process that was followed. President Emmerson Mnangagwa, the minister of Local Government Daniel Garwe, the president of the National Chiefs Council Mtshane…

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RBZ targets gold smugglers

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Thabiso MutirwaraSTAFF WRITERmutirwarat@dailynews.co.zw THE Reserve Bank of Zimbabwe’s Fidelity Gold Refinery has established a gold trade enforcement unit (GTEU) to bolster the integrity of the country’s precious mineral trading. Fidelity Gold Refinery general manager Peter Magaramombe yesterday said the GTEU had been established following recent amendments to the Gold Trade Act. It is aimed at…

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ZITF gears for Mine Entra

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THE Zimbabwe International Trade Fair (ZITF) Company has begun preparations for the country’s annual premier exhibition for the mining value chain — Mine Entra 2025. The event is set to take place between October 8 and 10 at the ZITF grounds in Bulawayo In a statement yesterday, the ZITF chief executive officer (CEO), Nicholas Ndebele,…

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Kavango sets up new gold processing plant

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KAVANGO Resources (Kavango) has officially commenced construction of a 50 tonne-per-day Carbon-in-Pulp (CIP) gold processing plant at its Bill’s Luck Gold Mine in Zimbabwe. The new CIP Test Plant is part of Kavango’s strategy to rapidly scale up production at the Hillside Gold Project. “Our primary objective over the next 12 months is to build…

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