LIQUID Intelligent Technologies Zimbabwe, a business of Cassava Technologies, a global technology leader, has announced the launch of an innovative suite of…
BRIGHTON MURONZEREYI AUTHORITIES must intensify their efforts to make the ZiG the country’s dominant and sustainable currency, representatives of consumers and workers says.Speaking to the Daily News On Sunday yesterday, they also said the wider use of the currency in local transactions was vital for durable economic growth and national development.This comes as monetary authorities…
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KUDZANAI GEREDE THE Reserve Bank of Zimbabwe (RBZ) has urged local banks to reduce lending rates in line with policy rate cuts, warning that expensive credit is pricing productive sectors out of formal financing. The central bank, in June this year cut its main bank policy rate from 35 percent to 30 percent in line…
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SHAMAINE CHIRIMUJIRI IN A milestone for national healthcare, the country will launch local kidney transplant surgeries next year, a medical breakthrough that is expected to save lives and spare many families the cost of seeking treatment abroad.This comes as Zimbabwe currently lacks the capacity for local organ transplantations — a situation which forces end-stage renal…
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BIGHTON MURONZEREYI ZIMBABWE and South Africa are hammering out a landmark deal to exchange foreign inmates, easing overcrowded prisons and boosting cross-border correctional cooperation.The proposed framework follows a fresh bilateral agreement signed yesterday at the Fourth Session of the Zimbabwe-South Africa Bi-National Commission (BNC) in Pretoria, designed to deepen operational ties between the two nations’…
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TAPIWA CHIRUME ZIMBABWE’S central bank has implored microfinance institutions (MFIs) to rapidly embrace digital transformation or risk extinction, as local lenders lag far behind regional peers.The call to action comes despite a strict regulatory environment where only four out of the country’s 363 registered microfinance institutions have secured central bank approval for digital lending.Speaking at…
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TAPIWA CHIRUME POLICE have arrested four suspects in Mutare and Mt Darwin for allegedly vandalising power infrastructure, amid growing concern over how public utility theft sabotages basic service delivery.Confirming the arrests yesterday, Criminal Investigations Department (CID) spokesperson Detective Inspector Rachel Muteweri said the suspects were apprehended following rapid responses by security personnel and vigilant community…
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Rutendo Ngara SENIOR STAFF WRITER THE legal troubles facing Kelsea Tafirenyika are mounting, with the socialite now also being slapped with money laundering charges involving a staggering US$9 million. This comes after Tafirenyika was re-arrested in Harare on Thursday, amid stunning allegations by the State that the 22-year funnelled narcotics money into a sprawling luxury…
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Shamaine Chirimujiri STAFF WRITER AUTHORITIES will arrest the owners and impound all stray livestock found on national roads to stop the surge in animal-related accidents around the country. Speaking to the Daily News — the country’s most influential newspaper — the spokesperson of the Traffic Safety Council of Zimbabwe (TSCZ), Lucy Kuwandira-Mapfumo, confirmed this new…
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Tapiwa ChirumeSTAFF WRITER MUTAPA Gold Resources plans to formalise hundreds of artisanal mining operations at its Freda Rebecca site to gain tighter control over production and security.It intends to reorganise operations by placing current artisanal miners at the site under contracts, allowing the company greater control over production and movement of the precious resource without…
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