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Mega housing scheme advances

THE multi-million US dollar Nyore Nyore housing scheme, which is expected to deliver 1, 3 million houses upon its completion, is on course. So says the executive chairman of Pinnacle Property Holdings — Philip Chiyangwa — in the latest update on progress of the mega housing scheme. This comes after completion of servicing of Phase…

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Extreme cold weather hits Zimbabwe

EXTREME cold weather conditions are expected to hit some parts of Zimbabwe with the public advised to take precautions as temperatures are expected to be minus three degree Celsius beginning yesterday. The warning was issued by the Meteorological Services Department (MSD). This comes as a brutal winter cold and floods swept across South Africa since…

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Notorious robbers hold family hostage

Yvonne Ncube in BULAWAYO THE State yesterday heard how a six-member gang held a Bulawayo family hostage for three hours before cooking a meal while demanding cash. The trial of the armed robbers, facing 10 counts of armed robbery, kidnapping, and unlawful entry into various Bulawayo houses, ended yesterday. Silence Kwangwa, Julius Mugwagwa, Edzai Madongo,…

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We are on top of things: RBZ… as Mushayavanhu vows to keep ZiG & prices stable

muronzereyib@dailynews.co.zw AUTHORITIES are determined to keep both the ZiG and prices of basic goods in the country stable, the Reserve Bank of Zimbabwe (RBZ) has reiterated. In this regard, central bank governor, John Mushayavanhu assured the public yesterday that current worrying inflation trends were not expected to affect the purchasing power of consumers going forward….

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Business

OM, DHL empower export-ready SMEs

OLD Mutual Zimbabwe, through the Eight2Five Innovation Hub, has partnered with the DHL GoTrade Programme and successfully concluded its second certified workshop aimed at equipping export-ready small and medium enterprises (SMEs) with essential trade knowledge. Held in Bulawayo recently, the workshop followed the inaugural session in Harare in March, which saw 29 participants graduate. This…

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Govt pledges to support Mimosa Mine

AUTHORITIES have pledged firm support for Mimosa Mining Company’s long-term sustainability plan which includes efforts to extend the life of its mine by up to 12 years. Speaking during a high-level tour of the Zvishavane-based Platinum Group Metals (PGM) producer at the weekend, the minister of Finance, Mthuli Ncube, said they appreciated that Mimosa mine’s…

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ZETDC rehabilitates vandalised property

THE Zimbabwe Electricity Transmission and Distribution Company (ZETDC) has initiated a comprehensive plan to restore all its vandalised property. This comes as Zesa has previously attributed the power cuts consumers are enduring to technical faults and vandalism, among other causes. In a statement, the power utility announced that rehabilitation efforts would take place across eight…

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