Day: January 19, 2024
President mourns December 12 chair Plummer
Herald Reporter PRESIDENT Mnangagwa has expressed sadness on the death of the chairperson of United States-based political lobby, the December 12 Movement, Cde Viola Plummer, describing her as a gallant liberation fighter, a true pan-Africanist who stood by Zimbabwe throughout her illustrious life. Cde Plummer, the co-founder of the Brooklyn-based civil and human rights organisation, […]
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Revenue boost as Forbes border opens 24/7
THE upgrading of Forbes Border Post to run 24 hours has been rolled out smoothly, with 51 commercial trucks and 105 people being served on the first night. Both Forbes and Machipanda border posts are now operating round the clock starting on Monday, thanks to the efforts of Zimbabwean and Mozambican authorities. Stakeholders welcomed the […]
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Zim commits to building, upgrading more roads
Zimbabwe is committed to building more and better roads, bridges, airports, railway networks and border crossing facilities but cannot do it alone and thus needed to be in partnership with neighbours such as Mozambique. Speaking during the Zimbabwe-Mozambique bilateral meeting on cooperation in transport and transport infrastructure in Harare yesterday, Transport and Infrastructural Development Minister […]
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Chinese tech to help police crackdown on drug barons
Trust Freddy Herald Correspondent POLICE have vowed to use newly received equipment from China to descend on all drug cartels with the same severity the impact of the drugs is having on societies as the fight against substance abuse intensifies. Speaking in Harare yesterday after receiving anti-narcotics equipment destined for the police’s forensic laboratory, police […]
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ZMX to introduce cross-border trading
THE Zimbabwe Mercantile Exchange (ZMX) would this year introduce a host of initiatives including cross-border trading of commodities to enable participants access to a broader range of grains and oilseeds. ZMX is an electronic agricultural commodity platform launched in August 2021 and one of the exchange’s key objectives is to provide an open market for […]
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Tourism eyes boom in 2024
Local tourism players expect to reap rewards in 2024 as they have continued to invest in their properties post dire straits of the Covid-19 pandemic. The expectations come as tourism receipts increased by 24 percent to US$272,26 million in the period to September 2023 from US$219,45 million achieved during the previous quarter of the same […]
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Banking sector’s credit risk remains low: RBZ
The Reserve Bank of Zimbabwe (RBZ) says credit risk in the banking sector remains low due to sound credit risk management systems and strong internal controls by banking institutions. In its banking sector report for the quarter to September 2023, the central bank said the aggregate non-performing loans to total loans (NPL) ratio of 2,34 […]
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