Business

Powertel invests US$5,5 million on innovations

POWERTEL, a Zesa Holdings Internet service subsidiary, has invested US$5, 5 million to improve its digital systems and bring better services to clients. This was said by Powertel acting managing director, Willard Nyagwande, recently, while updating its customers on the company’s latest connectivity products. “We have continued to invest in fibre technology, wireless technology and…

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Zanu PF has now crushed its rivals: Analysts

THE continuing senseless infighting among the country’s opposition leaders has virtually ended any hopes of the ruling party being given a run for its money by its political opponents in the 2028 national elections, analysts have reiterated. Speaking to the Daily News On Sunday at the weekend, political experts added that as a result of…

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Night HIV testing for sex workers, clients

BY NYASHA KUNYISWASenior Staff Writer THE National Aids Council (NAC) has started a pilot programme in Mashonaland Central of “moonlight testing” for HIV/Aids, targeting sex workers and their clients in hot spots. The programme is referred to as a moonlight initiative because the tests take place at night, in part to help protect those who…

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Chiyangwa, neighbour smoke peace pipe

BY STELLA MADZIVANYIKA PROPERTY mogul Phillip Chiyangwa and his neighbour in the upmarket Helensvale suburb in Harare have ended their long running battle over a business stand after the latter withdrew a litigation process before the courts. This comes after Chiyangwa, the owner of Pinnacle Properties, last month told the commission probing irregularities into the…

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Indian companies inject US$600m in business sectors

BY STELLA MADZIVANYIKA INDIAN companies have injected US$600 million in various business sectors such as food processing, beverages, mining and agriculture in Zimbabwe, creating over 5 000 jobs for the local market. This was revealed by the new Indian ambassador to Zimbabwe, Bramha Kumar, during his first public engagement in Harare last Friday. “Indian private…

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Haemorrhage: Pregnant rural women at high risk

A FEW days after Mavis Gumede gave birth at her rural home in Plumtree, Matabeleland South Province, she started experiencing intense bleeding. The new mother and her husband decided to head to the Plumtree District Hospital which was over 15 kilometres from their small, rural village. Gumede’s husband carried her on his bicycle and started…

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Business

Stanbic posts strong results

By Stella Madzivanyika madzivanyika@dailynews.co.zw LEADING financial services institution, Stanbic Bank, has posted a historical cost profit of ZiG27, 1 million for the six months ended 30 June 2024. The historical cost profit of ZiG27, 1 million was achieved after taking into account the technical losses of ZiG389 million (ZiG319 million net after tax) incurred on…

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RBZ tries to get a grip on prices… as apex bank devalues ZiG, raises interest rates

THE Reserve Bank of Zimbabwe (RBZ) devalued the ZIG by about 40 percent — to nearly 25 to the US dollar — while also raising interest rates to 35 percent yesterday, in a bid to stabilise prices. At the same time, authorities have begun to consult key stakeholders to address the myriad challenges currently buffeting…

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Government commits to improving nurses’ welfare

By Nyasha Kunyiswa HEALTH minister Douglas Mombeshora has pleaded with nurses to always remain loyal and patient as the government was working on addressing their concerns. He was speaking at the graduation of nurses from the Parirenyatwa Group of Hospitals in Harare yesterday. Mombeshora implored the nurses not to leave the country in search of…

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