Top Stories

‘Party is over for crooked dealers’ … Matanda Moyo vows anew as corruption remains a major issue

Brandon Josphat POLITICAL EDITOR THE era of corrupt government officials and tender­preneurs looting public funds with reckless abandon to finance their lavish lifestyles while vital community projects rot unfinished is coming to an end. So warns Prosecutor General Loice Matanda Moyo, who has vowed anew that authorities will bring to book all public officials and…

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Sport

CAPS United’s slump continues … as Hardrock consolidates second position

Patrick Mubwandarikwa SPORTS WRITER CAPS United suffered a second consecutive loss yesterday after falling to a shock 1-0 defeat to relegation-threatened TelOne in a Castle Lager Premier Soccer League match played at Ascot Stadium. Makepekepe’s loss came just three days after they fell to another 1-0 defeat to struggling FC Hunters, dealing their vaunted title…

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News

Data surge powers telecoms growth

CHIEF WRITER ZIMBABWE’S telecommunications sector expanded rapidly during the first quarter of 2026, driven by a surge in mobile subscriptions, data consumption, and infrastructure investment. In its first-quarter sector performance report, Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) director-general Gift Machengete confirmed significant gains across key indicators. “The sector recorded a 2.99 percent increase…

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Editorial Comment

Brics bank admission reshapes Zimbabwe’s future

FOR over two decades, Zimbabwe’s economic growth has been choked by a single, crushing reality, financial isolation. Excluded from borrowing by traditional multilateral lenders like the World Bank and the International Monetary Fund due to long-standing debt bottlenecks and geopolitical sanctions, the nation was forced to finance capital-intensive national develop­ment through limited domestic revenues and…

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Business

Tobacco auctions close as volumes surge

Tapiwa Chirume ZIMBABWE’S 2026 auction tobacco sales will officially end on Friday, with mop-up trading scheduled for early August while contract deliver­ies remain ongoing. The Tobacco Industry and Marketing Board (TIMB) confirmed the dates, reassuring farmers with leftover crop that avenues remained open to offload their yield. “All auction floors will officially close on Friday,…

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Top Stories

Robbers burn woman to death in cabin

CHIEF WRITER A 56-YEAR-OLD woman was burnt to death in Esigo­dini after unknown robbers locked her inside a cabin and set it alight. National police spokesperson Paul Nyathi said the attack occurred on July 23 and claimed the life of Tracy Simela. “The Zimbabwe Republic Police is investigating a case of murder and attempted murder…

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News

Man jailed 20 years for rape

Yvonne Ncube in BULAWAYO A 43-YEAR-OLD Tsholotsho man has been jailed for an ef­fective 20 years after being convicted of repeatedly raping an 11-year-old school­girl. Bruce Moyo appeared before Bulawayo regional magistrate Dambudzo Malunga last Friday facing four counts of rape. He pleaded not guilty, but was convicted after a full trial. The court sentenced…

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Business

POSB remits record dividend to Mutapa

KUDZANAI GEREDE G THE People’s Own Savings Bank (POSB) has remitted a record US$5,14 million dividend payout to its shareholder, the Mutapa Investment Fund (MIF), following a strong financial performance during the year ended December 31, 2025.During the year under review, the state-owned lender raked in US$54,15 million in revenue driven by strong customer acquisition…

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Top Stories

RED-TAPE UPHEAVAL:… as NECs decimate vital jobs, companies

Brandon Josphat & Brighton Muronzereyi THOUGH meant to protect workers, National Employment Councils (NECs) are inadvertently accelerating job losses and business distress in the country by enforcing rigid minimum wages and inflexible retrenchment packages.So warned business leaders and other economic experts yesterday, who told the Daily News On Sunday that it was hugely problematic that…

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