Business

Mangudya calls for ‘cost-reflective’ power tariffs

MUTAPA Investment Fund chief executive officer (CEO), John Mangudya, has called for cost-reflective power tariffs to ensure investments in the energy sector are sustainable and economically viable. He made the call on Friday at the Zesa risk management awards. “In addressing energy security, it is crucial that we focus on mitigating investment risks associated with…

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Zanu PF bigwigs in fierce duels to lead regional party structures

BY MUGOVE TAFIRENYIKA ANDBRIGHTON MURONZEREYI TEMPERATURES continue to rise in Zanu PF as young turks and ambitious bigwigs go hammer and tongs against each other ahead of the ruling party’s provincial elections slated for next year. So intense is the escalating jostling for leadership positions that rival factions are said to be burning the midnight…

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NBSZ seeks more blood donors

TAKUDZWA DHAMBUStaff Writer THE National Blood Service Zimbabwe (NBSZ) is ramping up its efforts to ensure that it has enough stocks to meet the country’s needs. Speaking on Thursday night on leading independent national television station 3Ktv’s popular current affairs programme, Vantage, NBSZ chief executive, Lucy Marowa, said they were intensifying their drive to reach…

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Government privatises service delivery in cities

GOVERNMENT is privatising key service delivery functions in major cities to improve efficiency and modernise urban management systems. Speaking at the councillors indaba underway in Bulawayo, the minister of Local Government, Daniel Garwe, said the initiative builds on the success of the partnership between the city of Harare and Geo Pomona Waste Management. “We have…

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Bank’s ‘stolen’ US$700 000 recovered

POLICE have confirmed the recovery of US$700 000 and 2, 4kg gold allegedly stolen last Thursday at an unnamed bank in Mt Darwin, Mashonaland Central province, and the matter is being treated as attempted robbery. This comes as the police last week pleaded with Zimbabweans to be more responsible as most of the armed robberies…

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Zimbabwe and China tackle mining abuses

ZIMBABWE and China have collaborated to address human rights violations and environmental degradation in the country’s mining sector. This comes after numerous reports of alleged human rights abuses, particularly by Chinese mining companies operating in the country. In an interview with the Daily News On Sunday last week, the Zimbabwe Human Rights Commission (ZHRC) chairperson,…

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Business

Stanbic launches scholarship programme

STANBIC Bank Zimbabwe and Midlands State University (MSU) have formalised a landmark partnership through the launch of an undergraduate scholarship programme aimed at increasing access to higher education for disadvantaged students. The programme, valued at US$52 000, was officially announced at a signing ceremony held at the MSU campus in Gweru, and would support five…

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Zimbabwe praying for Mid-east peace… as war resumption would worsen local economic woes

By Brandon Josphat and Brighton Muronzereyi AUTHORITIES are praying that the ceasefire between Israel and Iran will continue to hold to prevent massive fuel price increases locally going forward. Speaking to the Daily News — the country’s most influential newspaper — the chief executive officer of the Zimbabwe Energy Regulatory Authority (Zera), Eddington Mazambani, said…

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Armed robbers get away with US$1,2m

POLICE are fretting over the surge in armed robbery cases after over US$1,2 million and other valuables were stolen in the space of two days. This comes after the law enforcement agency last week pleaded with Zimbabweans to be more responsible as most of the armed robberies being recorded appear to be inside jobs. It…

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TIZ researches sex and bribery

Thabiso Mutirwara mutirwarat@dailynews.co.zw TRANSPARENCY International Zimbabwe (TIZ) is undertaking an atypical national survey on the extent of the use and abuse of sex in corrupt activities in the country. The survey is part of TIZ’s 2025 edition of its National Bribe Payers’ Index (NBPI) research — which seeks to provide stakeholders with a data-driven understanding…

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