Business

Stanbic Bank promotes international trade

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Masimba Makwembere STAFF WRITER makwemberem@dailynews.co.zw LEADING financial services institution, Stanbic Bank Zimbabwe, has stepped up efforts to promote international trade by launching an e-book which guides locals on how to source products from China at the annual Stanbic China Day held recently. The e-book, titled — the Beginner’s Guide to Importing from China — represents…

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Zim hopes for a good Christmas… as government workers pray that ZiG, prices remain stable

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PUBLIC sector workers said yesterday that they are praying that the ZiG will continue to hold steady as they receive their end of year bonuses. Speaking to the Daily News — the country’s most influential newspaper — they added that a firm ZiG meant stable prices of basic goods and a decent festive season for…

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Beware of cyber criminals: Police

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Masimba Makwembere STAFF WRITER makwemberemv@dailynews.co.zw MORE and more people are falling victim to cyber criminals who are starting to run amok in the country, authorities have warned. This comes after the Zimbabwe Republic Police (ZRP) and the International Criminal Police Organisation (Interpol) nabbed 29 alleged cyber criminals over the past two months alone. The accused…

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Business

REA seeks US$14 million for solar mini grids

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THE Rural Electrification Agency (REA) says it is looking for US$14 million to fund the construction of 25 community solar mini-grids to ease the power situation across the country.This comes as the government, through REF, has prioritised the development of green mini-grids powered by locally available resources to spur economic growth and improve living standards…

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All eyes on Sadc over Mozambique situation

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Blessings Mashaya and Brighton MuronzereyiSTAFF WRITERS AS the Sadc heads of State meet today in Harare, all eyes are on them to come up with a long lasting solution to the worsening political crisis in Mozambique.This comes as local business stakeholders are pinning their hopes on the extra-ordinary Sadc Summit in Harare to help quell…

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Matuke appointed State Security minister

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PRESIDENT Emmerson Mnangagwa last night appointed Zanu PF senator Lovemore Matuke as minister of State for National Security with immediate effect. Prior to his latest appointment, Matuke was minister of Presidential Affairs responsible for devolution. The new appointment was announced by Chief Secretary to the President and Cabinet Martin Rushwaya in a terse statement. Rushwaya…

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‘Energy access top priority’

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VICE President Constantino Chiwenga says energy access remains one of the most pressing issues for neighbours Zimbabwe and Zambia. Speaking at the first-ever Zimbabwe-Zambia Energy Projects Summit in Victoria Falls on Monday night, Chiwenga stressed the importance of addressing the low electricity access rate in the two countries that severely impacts the well-being of many…

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17 infected with anthrax

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By Masimba Makwembere makwemberemv@dailynews.co.zw THE ministry of Health has reported that 17 cases of anthrax in human beings were recorded last week alone in Mashonaland East and Midlands provinces. In a statement, the ministry said the number of cases since the beginning of the year is now 421. “The disease surveillance report for the week…

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Business

NBS injects US$1m for SMEs

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STATE-OWNED mortgage lender National Building Society (NBS) has set aside US$1 million to uplift small and medium enterprises (SMEs). Addressing delegates at the launch of the SME Fund in Harare recently, NBS managing director Sifiso Mahlangu said the building society faced funding challenges to incorporate the SMEs. This, he said, forced NBS to approach their…

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