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Fund seeks US$249m for rural electrification

THE Rural Electrifi­cation Fund (REF) seeks US$249 million to complete public institution electrification by 2026. REF is a statutory body cre­ated by the government through an Act of Parliament of 2002 to facilitate the provision of energy infrastructure in rural communi­ties for socio-economic growth and the general development of rural Zimbabwe. Speaking in Bulawayo at…

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Put more resources into defence, Govt told

PARLIAMENT has urged the treasury to release more funds for a modern, capable and effective national defence force. Presenting a report during the pre-budget parlia­ment seminar in Bulawayo last week, the Parliamen­tary Portfolio Committee on Defence, Home Affairs and Security Services chairperson Exevia Maoneke said the ministry of Finance needed to disburse funds towards the…

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Mudenda challenges ICT minister’s tech plan

NATIONAL Assembly Speaker Jacob Mudenda has openly challenged Information Communication Technology (ICT) minister Tatenda Mavetera to abandon her plan for a small national tech park and instead create a cen­tralised, regional technological hub to serve the entire Sadc region. Mudenda issued the challenge during last week’s 2026 pre-budget seminar in Bulawayo, immediately after Mavetera had…

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IMF forecasts strong 2026 economic growth

ZIMBABWE’S economy is on track for a pe­riod of sustained growth in 2026, driven by solid performance in agriculture and mining, coupled with easing inflation sup­ported by a stable foreign exchange rate, the In­ternational Monetary Fund (IMF) has said. The forecast follows the routine engagement of an IMF staff team, led by Wojciech Maliszewski, with…

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South African cops nab Job… after they found explosives in his vehicle in Pretoria

FORMER legislator and well-known opposition figure, Job Sikhala, was arrested in neighbouring South Africa on Thursday night after authorities there found explosives in his car. The larger-than-life politician is expected to appear in the Pretoria Magistrate’s Court soon on charges of illegal pos­session of explosives, after he was nabbed following a tip-off about a Ford…

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‘Transaction tax to remain intact’

AUTHORITIES say they are not going to remove the Interme­diated Money Trans­fer Tax (IMTT), asserting that the tax continues to sustain the government. IMTT is a tax chargeable on financial transactions that occur through transfers such as direct debits, online transfers, mobile money transfers, supplier pay­ments, and interbank transfers. This stance comes as repre­sentatives of…

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Police embrace digital crime fight

POLICE say they are now embracing the use of technology in the fight against crime across the country. In a speech read on his behalf by deputy commissioner general Elliot Ngirande during the 2025 police graduation ceremony in Harare yesterday, commissioner-general of police Stephen Mutamba said the use of technology was going to tame corruption….

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‘Media must safeguard national interests’

THE government has implored media houses to safeguard and advance national interests for the country’s economic development. Presenting a public lecture on the role of media in national security at the Defence University in Harare yesterday, permanent secretary in the ministry of Information, Publicity and Broadcasting Services, Nick Mangwana, said media houses must advance Zimbabwe’s…

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Parly seeks cotton industry revival

PARLIAMENT is challenging the government to come up with measures to revive the cot­ton industry to boost the local textile sector. This comes as Parliament is on a nationwide tour to probe the operations of companies in different sectors of the economy. Speaking to the media over the week­end after touring David Whitehead Textiles in…

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