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2025 Budget is pro-poor: Government… adds that ‘there is a lot’ in the draft for everyone

By Brandon Josphat josphatbl@dailynews.co.zw THE proposed 2025 National Budget is progressive, and will go a long way towards cushioning ordinary people, the minister of Finance Mthuli Ncube said yesterday. Speaking to the Daily News — the country’s most influential newspaper — Ncube added that the budget also sought to support economic growth, promote the generation…

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Parliament apologises to ED over power outages

By Brandon Josphat PARLIAMENT has apologised to President Emmerson Mnangagwa for the blackout that occurred during the presentation of the 2025 national budget by Minister of Finance Mthuli Ncube last week. Parliament over the weekend said the blackout had been caused by thunderstorms and high winds which affected a dedicated power line.“Immediately after the adjournment…

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Government sets US$150 as minimum wage

By Brandon Josphat THE government has set US$150 as the minimum salary employers should pay their employees.This comes as the minister of Finance Mthuli Ncube during his 2025 national budget last week set a non-taxable income at ZiG 2 800 which is equivalent to US$100 in a bid to increase disposable income for workers.An employee…

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Nkomo’s son wins Zapu leadership wrangle

ZAPU leader Sibangalizwe Nkomo has won a High Court appeal where his former party members were challenging his ascendency to the helm of the party. Mathew Sibanda, Echem Nkala, Gedion Dlamini, Ernest Ndlovu and Mildred Mkandala were the ones who were challenging Nkomo’s presidency. Their argument was Nkomo joined the Zapu in 2010 before he…

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Mnangagwa won’t impose a successor: Mutsvangwa

THE process to elect the next Zanu PF leader will be transparent and democratic, ruling party spokesperson Christopher Mutsvangwa said yesterday. Speaking to the Daily News On Sunday, Mutsvangwa also urged all Zanu PF followers to be patient and heedful if they had their own candidates in mind to replace President Emmerson Mnangagwa. This comes…

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Mega new housing scheme booms

MASIMBA MAKWEMBERE FLAMBOYANT businessman, Philip Chiyangwa, says his multi-billion dollar housing project on the outskirts of Harare was inspired by the desire to lift the lives of disadvantaged Zimbabweans. Speaking on Thursday night on independent national television station 3Ktv’s popular current affairs programme, Vantage, Chiyangwa said the Nyore Nyore Housing Scheme would avail tens of…

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Choppies supermarkets to exit Zimbabwe

BOTSWANA-HEADQUARTERED supermarket chain, Choppies, says it is selling its business in Zimbabwe due to economic hardships. In a statement, Botswana Stock Exchange (BSE) sponsoring broker Motswedi Securities said the company was in discussions to dispose of its business operations. “The listings BSE require the company to announce any circumstances or events that have or are…

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Government establishes US$50m buffer fund for farmers

GOVERNMENT has launched a US$50million crop buffer fund to ensure farmers get paid in time after delivering their produce to the Grain Marketing Department. Addressing the media during the launch of the fund in Harare on Friday, minister of Agriculture Anxious Masuka said the initiative was effective from this season.  “You will recall that last…

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Vendors push for engagement in budgeting

YVONNE NCUBEIn Bulawayo THE Vendors Initiative for Social and Economic Transformation (VISET) is rolling out a new project to empower informal traders and local residents to actively engage in the budgeting processes of their municipalities. Speaking to the Daily News on Sunday yesterday following the launch of the programme in Bulawayo titled Local Accountability for…

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