Headlines

Prominent banker dies in mysterious inferno

Fungi Kwaramba and Michael Tome PROMINENT Banker Mr Douglas Munatsi (51) died early yesterday in a mysterious fire that authorities say is now under investigation. The death of Mr Munatsi, who was the chief executive officer of the Zimbabwe Investment and Development Agency (ZIDA), triggered an outpouring of grief with President Mnangagwa describing his demise […] The Herald …


Afreximbank shows confidence in Zim, sets up regional HQ

Michael Tome Business Reporter Government through the Ministry of Local Government and Public Works and National Housing, on Friday availed land for the construction of a US$100 million Afreximbank Africa Trade Centre (AATC) and regional office. AATC, which will be built adjacent to Greenwood Park in Harare, is one of the several flagship initiatives being […] The Herald …


Infrastructure development allocated $156,4bn in 2022

Business Reporter THE Government continues to prioritise investments in key infrastructure programmes to support sustainable economic growth in Zimbabwe, with Finance and Economic Development Minister Professor Mthuli Ncube, affirming this position in his 2022 national budget by allocating billions of dollars for various projects across the country. Infrastructure enables trade, powers businesses, connects workers to […] The Herald …


Robbers in daring US$334k Gweru heist

Freedom Mupanedemo Midlands Bureau Six robbers on Thursday evening stole US$334 290 when they mounted a fake police road block between Gweru and Kwekwe to catch and block a shipment of cash being carried by Fawcetts security company. Police are now on a major hunt for the gang. The robbers, two in police uniforms and […] The Herald …


Market stalls open for GBV victims

A safe women’s vending market and a one-stop centre catering for Gender-Based Violence (GBV) victims has been opened in Epworth, with women hailing the Government and its partners for helping eradicate violence against them. The Herald …


Eyes on Budget to protect earnings, improve buying power

Mukudzei Chingwere Herald Reporter Ordinary people hope today’s budget will confront sustainable measures that help insulate the local currency from erosion, improve buying power by protecting earnings from inflation, ensure stability on the macroeconomic front and greater support for those who rely on the informal economy. Finance and Economic Development Minister Professor Mthuli Ncube is expected […] The Herald …


Zec ready to resume polls under Covid-19

Joseph Madzimure Senior Reporter THE Zimbabwe Electoral Commission (ZEC) has come up with a policy that will ensure the country resumes electoral processes even under the shadow of the Covid-19 pandemic, which previously affected the holding of political activities for almost two years. Under the Covid-19 policy, ZEC officers have been trained to preside over […] The Herald …



No payment, no electricity — Minister

Zvamaida Murwira Senior Reporter The Government has directed Zesa Holdings to immediately institute measures to recover $15 billion it is owed by its clients in unpaid electricity bills. Under the directive only paying customers should get power. Energy and Power Development Acting Minister, Jenfan Muswere said all electricity consumers must be placed on smart meters […] The Herald …


Power cuts: Zesa imports extra 480MW

Zesa Holdings is set to add 480 megawatts to its supply over the next two months to bridge the power deficit that has resulted in increased load-shedding at a time it is battling annual losses of $1,5 billion from non-payment of metered supplies, illegal connections and vandalism of infrastructure. The Herald …