Mahomva, Basera vie for AU top posts

Trust Freddy Herald Correspondent ZIMBABWE is pinning its hopes on two candidates, Dr Agnes Mahomva and Dr John Basera, who will represent the country in the upcoming African Union Commission…

Heavy rains expected in Harare, Mashonaland

Precious Manomano Herald Reporter HARARE and all Mashonaland provinces should brace for heavy rains today. This follows a warning from the Meteorological Services Department, which predicted mostly cloudy conditions accompanied…

Banks hike interest rates amid liquidity crunch, rising credit risk

Business Writer Businesses and consumers in Zimbabwe are facing a new wave of financial pressure as several banks have increased their lending rates to as high as 20 percent per…

First Lady launches Afrikana Family Humanism Programme in Harare . . . counsels need for good communication among couples

Tendai Rupapa Senior Reporter GOOD communication skills, faithfulness and respect are key in building strong marriages in which children are brought up morally upright well, First Lady Dr Auxillia Mnangagwa…

OK Zimbabwe treading in choppy waters . . . Closes five branches

Golden Sibanda The country’s biggest retailer by store numbers, OK Zimbabwe, has plunged into choppy waters, forcing the 83-year old retail chain to immediately shutdown five outlets across the country…

Zimplats splashes US$460m supporting local economy

Business Writer ZIMBABWE’s giant platinum group metals (PGM) producer, Zimplats, has splashed nearly US$460 million towards supporting the domestic economy under its Local Enterprise Development (LED) programme since 2013, thereby…

Local demand slump casts shadow over economic recovery prospects

Tapiwanashe Mangwiro Zimbabwe’s economy continues to grapple with significant challenges as subdued demand across key sectors dampens recovery prospects. According to the latest Business Tendency Survey (BTS) by the Zimbabwe…

Calls for exchange rate reforms, liquidity adjustments ahead of 2025 MPS

Tapiwanashe Mangwiro AS Zimbabwe approaches the release of its 2025 Monetary Policy Statement (MPS) in February, industry stakeholders have put forward recommendations aimed at refining the country’s monetary framework. The…

Proplastics optimistic despite economic headwinds

Oliver Kazunga LISTED piping products manufacturer, Proplastics Limited, says it has remained resilient despite the prevailing macro-economic headwinds and the firm’s annual turnover has clocked US$25 million currently from US$14…

Midlands leads charge towards economic transformation

Patrick Chitumba, [email protected] Midlands Province is experiencing profound transformation driven by innovative initiatives in mineral value-addition and beneficiation, as well as flagship projects in line with human capital development championed…

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