EMPLOYERS called for an urgent meeting with the government and labour yesterday to explore ways of saving jobs in the country, amid the growing closures and scaling down of operations by distressed companies. Speaking to the Daily News — the country’s most influential newspaper — the executive director of the Employers Confederation of Zimbabwe (Emcoz),…
ZIMBABWE in 2024 recorded a growth of 11,3 percent in pension fund investments and savings translating to US$2.16 billion, the director general at the Zimbabwe Association of Pension Funds (ZAPF),says. The ZAPF seeks to promote awareness of the importance of the provisions of pensions and other employee benefits through the coordination of employees, employers, and…
THE Zanu PF war veterans league has hailed President Emmerson Mnangagwa’s efforts in making their lives better after the previous government had failed them. This came out over the weekend during the launch of the Presidential War Veterans Fund and Village Business Unit Empowerment Programme, a multi-million-dollar initiative designed to pull the country’s liberation fighters…
Masimba MakwembereSTAFF WRITERmakwemberemv@dailynews.co.zw THE ministry of Health has reported a surge in anthrax cases, with 10 new cases recorded in just one week in Mashonaland West and Midlands provinces. This brings the total number of anthrax cases to 19 since the beginning of the year. The cases were reported in Gokwe North District (five), Gokwe…
By Masimba Makwembere makwemberemv@dailynews.co.zw POLICE have arrested nearly 19 000 illegal transport operators across the country since the start of “operation no to “mushikashika” last month. The national police spokesperson, Paul Nyathi, yesterday confirmed the arrests. “On February 7, 994 arrests were made under operation, ‘No to Mushikashika,’ bringing cumulative arrests to 18 779. “So…
Yvonne Ncube in BULAWAYO BULAWAYO residents have pushed back against the Bulawayo City Council (BCC)’s proposal to introduce a water utility system, citing concerns over transparency and rushed consultations. During a stakeholder meeting at the council chambers on Friday, residents’ representatives questioned the urgency with which the BCC is advancing the plan. While the local…
THE country’s foreign currency receipts grew by 21 percent in 2024 reaching US$13,316 billion from US$11 billion received in 2023 thanks to strong exports, latest figures from the Reserve Bank of Zimbabwe show. Exports proceeds (59,2 percent), international remittances (16,2 percent) and loan proceeds (11,9 percent) dominated the foreign currency inflows. “The improved foreign currency…
THE country’s banking sector remains stable and profitable, sustained by growth in deposits and asset base while non-performing loans remain within acceptable international benchmarks, the Reserve Bank of Zimbabwe (RBZ) governor John Mushayavanhu has said. In his latest monetary policy statement, Mushayavanhu said the banking sector, despite encountering some temporary liquidity shocks, withstood headwinds in…
BY RUTENDO NGARA KUTSAGA, Zimbabwe’s agricultural think tank, is pushing to promote biopharming as part of its broader efforts to stay relevant in the face of climate change and technological innovations. Biopharming involves genetically engineering plants and animals to produce pharmaceutical substances for human or animal use. Recently, Kutsaga developed disease-free seed varieties, including potato…
BY BLESSINGS MASHAYA ANDBRANDON JOSPHAT AUTHORITIES need to do more to fix the country’s ailing economy and to lift the lives of all Zimbabweans, key stakeholders say. Speaking to the Daily News On Sunday at the weekend, representatives of consumers, workers and business said the latest policy steps taken by the Reserve Bank of Zimbabwe…
