Day: April 18, 2024

News

Embrace education, President urges children

EDUCATION, through science and technology, is a tool of national development and economic growth that all children should embrace in line with the country’s economic blueprint, the National Development Strategy 1, President Mnangagwa has said. Addressing a Children’s Party here ahead of today’s 44th National Independence Day commemorations, President Mnangagwa said Government, through NDS1, had […]

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News

Zimbabwe turns 44 in style

FOR exactly 41 years, no major event was held outside Harare, the citadel of both political and economic power in Zimbabwe, but for the past two years and counting, that has changed with the independence celebrations being rolled out to other provinces, in line with President Mnangagwa’s mantra of decentralisation, which is aimed at “leaving […]

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News

First Lady hosts Gota/Nhanga/ Ixhiba for learners at Children’s Party

THOUSANDS of learners from the country’s 10 provinces were yesterday treated to a Children’s Party with a difference, thanks to First Lady Dr Auxillia Mnangagwa who held a special Nhanga/Gota/Ixhiba session for them reinforcing the need for them to focus on their studies, exercise self-discipline and shun peer pressure, drugs and early sexual relationships. A […]

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Information, Publicity and Broadcasting Services Minister, Dr Jenfan Muswere
News

‘Let’s all celebrate Independence’

All Zimbabweans have been called upon to participate in the country’s 44th Independence Day anniversary celebrations to be held in Murambinda, Manicaland Province today. Over 70 000 people are expected to converge at Murambinda B High School for the commemorations. Zimbabweans from all walks of life, including the business community, members of opposition political parties, […]

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IMF spokesperson Julie Kozack
News

IMF projects Zim economy to grow 3,2pc

The International Monetary Fund (IMF) has projected Zimbabwe’s economy to register 3,2 percent growth in 2024, reflecting the negative impact of drought and declining global commodity prices. This means that if it were not for drought and lower mineral prices, which account for the bulk of the country’s exports, the domestic economy would see more […]

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Business

Challenges in disputes over valuation of shares

Godknows Hofisi Introduction I have written several articles on the valuation of businesses or shares or on disputes involving the same. In this article I give some insights on some challenges that may be encountered when attempting to resolve disputes on the valuation of shares. Challenges These may include the following: Lack of understanding of […]

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Part of Proton Bakers manufacturing plant in Marondera
Business

Proton Bakers to set up manufacturing plant in Bulawayo

PROTON Bakers has unveiled plans to set up a new manufacturing factory in Bulawayo as it expands the business with a focus on consolidating market footprint in the southern region.  The Marondera-headquartered firm is pushing close to 40 000 loaves per day in Bulawayo. To further expand its reach, chief operations officer Mr Simba Bodzo […]

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National Police spokesperson Assistant Commissioner Paul Nyathi
News

Police dispel they will use old uniforms at Independence Celebrations rumours

POLICE officers who will be participating at National or Provincial levels of the Independence Day Parades will be allocated different uniforms as determined by the Officer Commanding Police Provinces. This decision follows the spread of false information by certain junior police officers regarding the availability of uniforms for the 2024 Independence Day Parades at the […]

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PRESIDENT Mnangagwa
News

President pardons prisoners

PRESIDENT Mnangagwa has granted amnesty to various categories of prisoners and also commuted the death sentence to life imprisonment to all inmates who have been on death row for 10 years and above.  Ministry of Justice, Legal and Parliamentary Affairs permanent secretary Mrs Vimbai Nyemba announced in General Notice 467 of 2024 Clemency Order No.1 […]

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News

RBZ corners fuel service stations: Vows to suffocate the parallel market

RESERVE Bank of Zimbabwe (RBZ) Governor, Dr John Mushayavanhu, yesterday vowed to suffocate the speculative parallel market forces saying the newly announced Monetary Policy Statement was crafted in a manner that creates solid demand for the new Zimbabwe Gold (ZiG) currency, which will consolidate its strength and lure more players to use it. While some […]

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