Business

Sandawana sets US$140m revenue target

KUDZANAI GEREDE SANDAWANA Mine has set the revenue target for this year at US$140 million banking on sustained favourable global lithium prices amid persistent demand, mainly from the energy storage sector.According to BMI, a unit of Fitch Solutions, the 2026 average price for Chinese lithium carbonate is expected to hit US$20 100 a tonne, nearly…

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ZIM’s ECONOMIC UPTURN: ‘The poor also need to feel the gold rush’

Shamaine Chirimunjiri AUTHORITIES need to further refine their policies and strategies to translate the country’s current significant economic growth into household prosperity.So says veteran economist and businessman, Eddie Cross, who has also implored authorities to adequately prepare for the predicted Super El Niño drought.Speaking on Thursday night on leading independent national television station 3Ktv’s popular…

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Life & Arts

The Charambas celebrate answered prayer

Anesu MirIsawu OVER two decades ago, Charles Charamba and Fishers of Men released Komborerai Vana, which translates to “Bless the Children” — a song that resonates with many and serves as a prayer for every parent to bear children who will become fruitful in life.Every parent hopes and prays for their children to succeed in…

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Features

Economic stability fails to reach ordinary citizens – Cross

RENOWNED economist Eddie Cross has praised the alignment between the Treasury and the Reserve Bank of Zimbabwe, declaring the country had finally achieved rare macroeconomic and fiscal stability.Speaking to Group Editor-In-Chief Guthrie Munyuki on his widely followed news and current affairs programme, Vantage, on leading national independent commercial television station, 3Ktv, on Thursday, Cross, however,…

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27 killed, accident declared national disaster

RUTENDO NGARA PRESIDENT Emmerson Mnangagwa yesterday declared the road accident that killed 27 people and injured seven on Friday near Chivhu, along the Harare-Masvingo Highway, a national disaster.A commuter omnibus carrying members of the African Apostolic Church (Mwazha) collided head-on with a haulage truck, bursting into flames. In a statement yesterday, the Minister of Local…

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News

Miners implore bank financing partnerships

Hazel Marimbiza SMALL-SCALE miners in the Midlands are demanding tailored banking partnerships to secure growth capital, machinery, and long-term business development.The miners say tailored financial products could help address longstanding funding challenges in the sector, where operators often struggle to meet conventional lending requirements despite their contribution to Zimbabwe’s gold industry.Speaking to the Daily News…

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Features

Land barons profit as homes crumble

STANDING on a mound of shattered concrete and twisted corrugated iron sheets in St Martins Extension, Harare, Tendai Mukaro wiped dust and sweat from his face as municipal workers packed away their tools.Just hours earlier, this pile of debris was a fully roofed, four-roomed house—the culmination of 12 years of frugal living, missed family vacations,…

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Border blitz intercepts illegal mineral shipments

AUTHORITIES have intercepted 18 illicit mineral shipments totalling over 2 600 tonnes since January, as security agencies tighten scrutiny from mines to border crossings.In a statement yesterday, Minerals Marketing Corporation of Zimbabwe (MMCZ) general manager Nomusa Jane Moyo said the cases recorded between January and 20 August 2026 involved lithium, chrome, and silica, among other…

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Father up for raping daughter(8)

A 33-YEAR-OLD Lobengula West man has appeared before the courts accused of raping his eight-year-old biological daughter.The accused pleaded not guilty to the rape charge and is being represented by Simbarashe Innocent Madzivire of Mashayamombe Law Firm.In his defence, Madzivire told the court that his client denies the allegations and maintained that he was innocent.“The…

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Govt drives local exports across Africa

Hazel Marimbiza ZIMBABWE is aggressively urging domestic manufacturers to enhance export competitiveness across regional and continental markets under expanding free-trade pacts.Speaking on the sidelines of a public lecture at Bulawayo Polytechnic College, the minister of Industry and Commerce, Nqobizitha Mangaliso Ndhlovu, said Zimbabwean businesses should increasingly align production with opportunities presented by markets under the…

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