Business

ZBFH nears banking operations merger

ZB FINANCIAL Holdings (ZBFH) is closing in on the long-awaited merger of its two banking operations, ZB Bank and ZB Building Society (ZBBS), in a strategic effort to optimise capital and streamline operations. The diversified financial services group with operations across banking, insurance, real estate and asset management wants to fold ZBBS operations into ZB…

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Over 3k pregnant girls drop out of school

STAFF WRITER muronzereyib@dailynews.co.zw AT LEAST 3 320 pregnant girls dropped out of both secondary and primary schools in 2024 across the country, according to the deputy minister of Education, Angeline Gata. This marks a decline from 4 557 girls who left school due to pregnancy in 2023. Gata told the National Assembly on Wednesday that…

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Business

Zim committed to Sadc corridor road connectivity

GOVERNMENT is committed to improving road connectivity and infrastructure development across the Sadc region through the NorthSouth Road Corridor. The corridor stretches from the Port of Durban in South Africa to Kasumbalesa in Zambia via the Beitbridge Border Post and the Chirundu One Stop Border Post in Zimbabwe. The minister of Transport, Felix Mhona, told…

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Economist allegedly ‘assists’ 200 to illegally import cars

RUTENDO NGARA A MINISTRY of Industry principal economist is in court facing charges of illegally facilitating the importation of 200 vehicles. The ministry’s principal economist, Fanuel Muzavazi, licence clerk Andrew Mateveke and deputy director of administration Webster Mondiwa are facing criminal abuse of office charges after they allegedly breached a Statutory Instrument which required vehicle…

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US$13,5m upmarket hotel for Harare

Thabiso Mutirwara mutirwarat@dailynews.co.zw WEST Property (WestProp) Holdings on Wednesday announced the construction of a US$13,5 million 147-roomed Radisson Hotel to be built in the upmarket Borrowdale, Harare. The construction of the hotel, whose ground-breaking was done yesterday at the site, followed a management deal signed between Radisson Group, a renowned international hospitality brand, and WestProp….

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Business

MSD warns farmers of ‘black frost’

THE Meteorological Services Department (MSD) has cautioned farmers to protect their crops against “black frost” and extreme freezing temperatures expected to hit western parts of Zimbabwe. Black frost, also known as “dry freeze” or “killing frost,” occurs when air temperature cools to a point where the ground or surfaces freeze without visible frost or dew,…

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CCC MP served with US$100k summons

Rutendo Ngara SENIOR STAFF WRITER ngarar@dailynews.co.zw CITIZENS Coalition for Change (CCC) MP for Harare West, Joana Mamombe, has served her counterpart and Southerton lawmaker, Bridget Nyandoro, with a US$100 000 lawsuit for defamation. In the summons filed before the High Court’s civil division last week, Mamombe argued that Nyandoro damaged her reputation by posting on…

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Business

Milk output hits 38m litres in four months

ZIMBABWE produced 37,65 million litres of milk between January and April this year, marking a four percent increase from 36,34 million litres recorded the same period last year, the dairy services department in the ministry of Agriculture says. During the period under review, milk intake by processors rose four percent to 34,64 million litres from…

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Zanu PF taking affiliates to task… as ruling party fights to curb its internal divisions

THE ruling Zanu PF is cracking down on some of its affiliates for allegedly promoting factionalism and divisions within the former liberation movement. Speaking to the Daily News — the country’s most influential newspaper — Zanu PF insiders revealed yesterday that party bosses who met representatives of the affiliates in Harare on Tuesday had rapped…

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Granny axed, set on fire over witchcraft

A 72-YEAR-OLD woman is fighting for her life at Mpilo Central Hospital, Bulawayo, after being brutally attacked with an axe and set on fire by a villager over witchcraft accusations. Speaking to the Daily News yesterday, national police spokesperson Paul Nyathi said the victim sustained severe burns. “The Zimbabwe Republic Police confirms a sad incident…

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