Editorial Comment

Sustainable approach critical in addressing vending problem

THE government’s decision to give vendors a 48- hour ultimatum to stop operating from the central business districts (CBD) across the country is a misguided attempt to address the symptoms of a larger problem. While the minister of Local Government, Daniel Garwe, concerns about health and security risks may be genuine, the fact remains that…

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Business

Exporters slam forex retention policy

EXPORTING companies say the five-percentage point increase in foreign currency surrender threshold to 30 percent by the government last month has put a heavy discount on operations and they want it reduced to improve competitiveness.  The new measures dictate that exporting companies will now retain 70 percent of their foreign currency proceeds with the remainder…

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Business

Zimbabwe hosts regional commodity exchanges indaba

ZIMBABWE is set to host the AfCFTA Association of Commodity Exchanges (A-ACX) Annual Conference in Victoria Falls on March 26-27. The Zimbabwe Mercantile Exchange (ZMX) -the country’ sole commodity exchange- said Agriculture minister Anxious Masuka will headline the conference as guest of honour. Running under the theme “Scaling Intra-African Trade: Leveraging Commodity Exchanges for Economic…

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Business

Government engages POSB to sell tractors to farmers

THE People’s Own Savings Bank (POSB) has entered into an agreement with the government to sell tractors procured from Belarus to local farmers on behalf of the State. The tractors, sourced through the ministry of Agriculture, are meant to enhance farm mechanisation and productivity in the country. In a statement, POSB chief executive Garainashe Changunda…

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Features

Japan aids four NGOs

THABISO MUTIRWARAStaff Writer JAPAN donated over US$480 000 to four local nongovernmental organisations (NGOs) on Friday aiming to promote human security for vulnerable communities. At the signing ceremony of Japan’s Grant Assistance for Grassroots Human Security Projects (GGP) in Harare, Japan’s Ambassador to Zimbabwe Shinichi Yamanaka explained that the grassroots projects focus on landmine removal,…

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Top Stories

Zimbabwe aims to surpass winter wheat targets

Stella MadzivanyikaStaff Writer THE government aims to surpass last year’s yields for winter crops following the good rains received this year. In 2024, 119 954 hectares of wheat produced 562 591 metric tonnes, 6 697 hectares of barley produced 36 120 metric tonnes, and 8 657 hectares of potatoes produced 233 739 metric tonnes. According…

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News

Zimbabwe records 1 000 kidney diseases annually

NYASHA KUNYISWA LEADING health services provider, Cimas, continues to support renal patients following revelations that the country records approximately 1 000 cases of kidney failure annually. During a Cimas health group dialysis media tour at the weekend ahead of World Kidney Day commemorations, Cimas general manager of Medco, Yvonne Sibanda, stated that out of 1…

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News

Msasa company loses US$30k to robbers

Stella MadzivanyikaStaff Writer A GANG of six armed robbers, still at large, got away with US$30 000 stolen from a company in Msasa, Harare, Intrachem. According to Harare provincial police spokesperson Luckmore Chakanza, the incident occurred on March 14. A security guard was in the guardroom around mid-morning when an unknown person wearing a face…

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