ON THE back of a successful migration of their banking systems, First Capital Bank Zimbabwe has launched two new innovative products and services for customers and the general public. The bank has partnered with money transfer agents RIA Financial Services, the third largest remittance company in the world, and has also re-launched an enhanced funeral…
THE Zimbabwe Tourism Authority (ZTA) has launched a domestic tourism campaign, dubbed ZimBho. The campaign is focused on urging residents to rediscover Zimbabwe in a bid to prop up the tourism sector. As part of the campaign, coined ZimBho #IzimYami #Vakatsha, Environment, Climate Change, Tourism and Hospitality Industry minister Mangaliso Ndlovu said the government had…
Dakarai Mashava STAFF WRITER mashavad@dailynews.co.zw IN SPITE of the harsh economic environment, a Chamber of Mines of Zimbabwe (CoMZ) survey has shown that most industry players are upbeat about prospects for the coming year. In its sixth edition of the State of the Mining Industry Report, researchers commissioned by the Chamber established that the…
RESERVE Bank of Zimbabwe (RBZ) governor John Mangudya says gold deliveries to its subsidiary, Fidelity Printers and Refiners (FPR), were lower in the first nine months of this year compared to the same period previously, largely due to some non-compliance issues. At the same time one of the indigenous local firms contracted to buy gold…
AN UNPRECEDENTED rush of clearing land to erect concrete jungles is leading to scarcity of water and frequent droughts in landlocked Zimbabwe. Experts believe that due to illegal construction, over two million residents of the capital Harare, now do not have access to running water. The southern African country, known for its landscape and diverse…
PEOPLE surrounding President Emmerson Mnangagwa pretend to love him when in reality they will be masking their corrupt tendencies, opposition legislators have said. This comes after Mnangagwa has declared zero tolerance to corruption. Speaking in the National Assembly on Thursday, MDC MP for Southerton Peter Moyo said people who bootlick the president are the most…
ECONET and Royal Bafokeng Holdings (RBH) have entered into a partnership to develop up to 175MW of solar energy assets in selected African countries. RBH will invest up to US$20 million through Distributed Power Africa (DPA), Econet’s solar energy subsidiary. RBH is a long-term African community investment holding company with a legacy of partnering successfully…
FOR 18 years, Thokozile Ncube has been planting her crops in manure-filled holes covered with straw – and every year, she grows enough to feed her family, as other farmers in Zimbabwe’s drought-prone Matobo district watch their crops shrivel. The traditional planting method helps crops survive droughts by keeping them hydrated for longer than tilling…
Blessings Mashaya SENIOR STAFF WRITER mashayab@dailynews.co.zw So bad is the political climate within Zanu PF at the moment that its secretary for security in pictured, readily admitted to the Daily News yesterday that senior the deepening infighting within the ranks of the former liberation movement. This comes as the countdown to the DCC elections has…
Blessing Masakadza STAFF WRITER masakadzab@dailynews.co.zw THE alleged gold smuggling syndicate made up of Zimbabwe Miners Federation president Henrietta Rushwaya, intelligence officers and businessman Ali Mohamad, yesterday appeared in court jointly on allegations of smuggling and unlawful possession of 6kg of the precious mineral. Mohamad; two central intelligence organisation operatives Steven Tserayi and Raphios Mufandauya; and…
