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Dry festive season for Harare residents

By Rutendo Ngara HARARE residents are set to endure a dry festive season after its Prince Edward water treatment plant was shut over the weekend owing to low water levels at Seke and Harava dams. This comes as the country is currently experiencing an El Nino phenomenon where normal to below-normal rainfall is expected. Posting…

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ED not angling for a third term… Charamba restates amid ongoing chitter-chatter on this

PRESIDENT Emmerson Mnangagwa has no wish whatsoever to stay beyond his second term in office, which ends in 2028, his spokesperson George Charamba has reiterated. Speaking to the Daily News yesterday, ahead of this coming weekend’s eagerly-watched by-elections, Charamba emphasised repeatedly that the special polls had “absolutely nothing to do” with Mnangagwa. He further blamed…

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Economy to slow down in 2024

TREASURY says economic growth is expected to decline by 3,5 percent in 2024 compared to a 5,5 percent growth expected this year, weighed by a slump in commodity prices, El Niño effects and high global inflation. The projections come as the late start of this year’s rainy season has caused significant anxiety among both farmers…

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‘Zesa restructuring will alleviate power crisis’

GOVERNMENT has said Zesa restructuring, viable tariffs and private players’ participation are the solutions to the current electricity crisis in the country. In his 2024 budget, Finance minister Mthuli Ncube said more needs to be done to end power cuts. “Sustainability of electricity supply to the economy going forward will be dependent on progress being…

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Business

Investors eyeing Bulawayo: Coltart

BULAWAYO mayor David Coltart says his engagements with the business community in South Africa recently have shown him that investors are eager to invest in Zimbabwe. This comes after Coltart, as part of an initiative to boost investment prospects for the city, travelled to South Africa last week and met a business community composed primarily…

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Ncube Budget missed chance

By Ketty Nyoni THE government has been warned that its bid to ban traders who are not paying tax from accessing goods from manufacturers is fraught with many risks. So say economic experts Kipson Gundani and Eddie Cross, who add that the move which was announced in the 2024 National Budget could lead to shortages…

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Zimbabwe set to withstand climate change — ED

PRESIDENT Emmerson Mnangagwa says the country is making progress in putting policies in place to lessen the consequences of climate change. Speaking at a High Level Meeting of Landlocked Developing Countries (LLDC) in Dubai, United Arab Emirates, yesterday during the ongoing COP28 conference, Mnangagwa said Zimbabwe is taking transformative actions to resist climate change. “Zimbabwe…

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