Business

TSL expands warehouse capacity

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TOBACCO Sales Limited (TSL) says it has lined up several initiatives to increase warehousing capacity which are earmarked for completion before the end of October this year.The Zimbabwe Stock Exchange (ZSE)-listed tobacco processing firm, also with operations in agriculture commodities logistics, recently completed a 15 000 square meter warehouse facility for an undisclosed client, expanding…

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Business

Macadamia nuts expected to boost income

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MACADAMIA nuts are poised to generate significant income in 2025, driven by high demand ahead of the harvesting season.The crop, set to be harvested in April, is showing improved quality compared to the previous season.In a trading update for the first quarter ended December 31 2024, Ariston Holdings Limited secretary Anesu Museta on Tuesday expressed…

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Toe the line, ED tells party members

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PRESIDENT Emmerson Mnangagwa yesterday expressed his frustration with party members over rampant indiscipline and divisive actions, saying this is threatening party unity. Addressing the party’s politburo meeting at Zanu PF headquarters in Harare Mnangagwa said there was no room for divisive elements in the former liberation movement. “All structures must remain steadfast, united and vigilant…

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Tobacco marketing season kicks of

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Stella MadzivanyikaSTAFF WRITERmadzivanyikas@dailynews.co.zw THE tobacco selling season officially kicked off yesterday, with the highest price being US$4,65 and the lowest bid being US$1,59 per kilogramme. This comes as the opening price for the previous season was US$4,92 per kilogramme, up from US$4,35 in 2023. Speaking during the launch of the 2025 tobacco marketing season, the…

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National NewsNews

InnBucks’ new subscription model drags earnings

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INNBUCKS Microbank Limited (InnBucks)’s decision to charge a flat US$1 monthly fee on unlimited transactions to customers on its wallet service boosted active users, but significantly cut back on fees income during six months to December 31 2024.The model dubbed -KaOne subscription- resulted in fee and commission income dropping by close to 40 percent to…

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Dead opposition not good for Zim… as unchallenged Zanu PF fixates on succession politics

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POLITICAL EDITOR mashayab@dailynews.co.zw THE absence of a viable political alternative to Zanu PF in the country since the revered Morgan Tsvangirai died a decade ago is bad news for Zimbabwe, its people and economy, opposition stalwarts and analysts said yesterday. Speaking to the Daily News — the country’s most influential newspaper — they said this…

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Govt re-structures ECD framework

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Brandon Josphat CHIEF WRITER josphatbl@dailynews.co.zw         GOVERNMENT has developed an Early Childhood Development Coordination (ECD) Framework aimed at providing quality and affordable services to children up to seven years old. The minister of Information, Jenfan Muswere, announced the framework at a post-Cabinet media briefing in Harare yesterday, stating that it would improve and align standards to…

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Mudzuri pushes for Mwonzora ouster

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STAFF WRITER chrimujiris@dailynews.co.zw A FACTION of the opposition MDC party, led by former vice president Elias Mudzuri, is pushing for the removal of the party’s president, Douglas Mwonzora. This comes after High Court Judge Justice Happias Zhou ruled last week that the MDC party’s 2022 congress, which elected Mwonzora, was null and void, and ordered…

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External interference rocks TIMB

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STAFF WRITER muronzereyib@dailynews.co.zw THE Tobacco Industry and Marketing Board (TIMB) is appealing to Parliament to intervene and end external interference in the running of the organisation. Giving oral evidence before the parliamentary portfolio committee on Agriculture in Parliament yesterday, TIMB board member Engelbert Rugeje said the situation had become untenable amid interference from external players,…

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