Business

Farmers challenged to embrace organic fertilisers

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THE government has challenged farmers to adopt organic fertilisers to improve soil fertility and boost crop growth.Ministry of Agriculture permanent secretary Obert Jiri emphasised the benefits of organic fertilisers in an interview with the Daily News yesterday.“The cost of fertiliser is definitely the biggest cost driver in crop production, and adopting organic fertilisers shows that…

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Business

OK plans for bright future

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UNDER pressure retail giant, OK Zimbabwe, is hoping to have normal stock levels of goods in the next few weeks. Company secretary, Margaret Munyuru, said yesterday new procurement arrangements had been put in place to ensure adequate goods supplies. This comes as many retailers – including OK – have been reeling from the current economic…

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Fears for Zimbabwe as Trump hunts SA… analysts say Sadc will ‘catch a cold if Pretoria sneezes’

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Blessings Mashaya and Brendon Josphat THE government has criticised the recent measures taken against South Africa by the United States of America (USA), amid fears that the sanctions will also negatively impact Zimbabwe. Speaking to the Daily News – the country’s most influential newspaper – the minister of Foreign Affairs, Amon Murwira, described the measures…

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Massive housing project forges on

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By Masimba Makwembere makwemberemv@dailynews.co.zw THE servicing of stands in Phase One of the ginormous new housing project being developed by Pinnacle Property Holdings on the outskirts of Harare is now at a very advanced stage. Bitumen World site manager, Bigboy Sibindi, told the Daily News at the weekend that all road works and tarring at…

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Editorial CommentTop Stories

Public passenger liability cover a must

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THE recent horror crash in Beitbridge involving an Urban Connect Bus that killed 24 people has raised serious concerns about the lack of public passenger liability cover in the country’s public transportation sector. It’s shocking that the bus was allowed to operate without the necessary insurance coverage, and it’s even more puzzling that authorities didn’t…

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Horror crash: Bus firm had no insurance

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URBAN Connect Bus, a company whose bus was involved in a fatal accident that claimed the lives of 25 passengers last week, had no requisite public passenger liability insurance.The horror accident, which President Emmerson Mnangagwa declared a national disaster, occurred along the Beitbridge-Masvingo Highway. It also injured 44 passengers.In a statement over the weekend, the…

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Business

RBZ accredits ICRAas credit rating agency

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THE Reserve Bank of Zimbabwe (RBZ) has accredited International Credit Rating Agency (ICRA Zimbabwe), a private limited company, as an official credit rating agency (CRA) after meeting regulatory requirements.The RBZ evaluated ICRA Zimbabwe and found it to comply with Guideline No. 04 – 2004, which outlines the accreditation requirements for CRAs.To be accredited as a…

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BCC takes action on “nuisance” dogs

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THE Bulawayo City Council (BCC) is intensifying strict enforcement of its dog control regulations following an alarming increase in the number of canines kept on private properties.Speaking to the Daily News yesterday, the BCC town clerk, Christopher Dube, said the dogs were a “nuisance” to local residents.“The city of Bulawayo has noted an increasing number…

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Business

IMF pushes for fiscal prudence

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ZIMBABWE’S authorities should do more to balance public expenditures with revenues in order to avoid sinking further into debt, the International Monetary Fund (IMF) has said. Zimbabwe is already saddled with a US$21 billion national debt. This comes as the IMF staff team led by Wojciech Maliszewski conducted a mission to Harare from January 30…

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Business

NetOne, Petrotrade appoint board members

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THE chief executive of the Mutapa Investment Fund (MIF), John Mangudya, at the weekend announced new board members for the State-owned companies NetOne and Petrotrade Zimbabwe. NetOne is Zimbabwe’s first cellular network operator in Zimbabwe launched in 1996, while Petrotrade is a trading company responsible for downstream activities, including selling petroleum products and lubricants through…

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