Khayah Cement, Zimbabwe’s second-largest cement producer, is set to begin a US$20 million refurbishment of its kiln plant, aiming to enhance production and sales volumes. Last year, Khayah halted operations …
Kells Dziva
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BUSINESS NEWS
Zimbabwe’s Raw Milk Production Surges by 20% Despite Drought Challenges
by Kells Dzivaby Kells DzivaZimbabwe saw a notable rise in raw milk production, with a 20 percent increase to 55.11 million liters in the first half of 2024, up from 45.90 million liters in …
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BUSINESS NEWS
Finance Minister Ncube Projects Strong Economic Growth with Introduction of ZiG
by Kells Dzivaby Kells DzivaInflation is expected to stay low for the rest of the year due to strict financial and government policies. These policies have kept the local currency stable since it was …
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BUSINESS NEWS
ZiG Stabilisation Key Focus of 2024 Mid-Term Fiscal Policy
by Kells Dzivaby Kells DzivaZimbabwe is gradually moving away from using the US dollar, aiming to strengthen its own currency, the Zimbabwe Gold (ZiG). This process will take time, but progress is being made. …
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BUSINESS NEWS
Emerging Markets Plummet to One-Month Low Amid China Rate Surprise
by Kells Dzivaby Kells DzivaYesterday, stocks in most developing markets fell to their lowest levels in over a month as risk appetite decreased following an unexpected interest rate decision by China. Additionally, Ukrainian bond …
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Crime & Courts
Ex-Cottco Manager ‘Praise Makombore’ In Court Over $42K Fertilizer Theft
by Kells Dzivaby Kells DzivaPraise Makombore (36), a former business unit manager for the Cotton Company of Zimbabwe Limited at the Mutoko Depot, appeared in court yesterday accused of stealing Presidential inputs worth US$42,120. …
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Sports News
Chiwanza Slams ZIFA Normalisation Committee as “Clueless” and “Incompetent”
by Kells Dzivaby Kells DzivaChamu Chiwanza, chairman of the Parliamentary Portfolio Committee on Sports and Recreation, has voiced his dissatisfaction with the ZIFA Normalisation Committee (NC). The outspoken Member of Parliament criticized the ZIFA …
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The Treasury has blacklisted 51 contractors for illegally channelling funds to the black market after receiving payments in local currency. In a statement issued on Wednesday, 24 July, Finance, Economic …
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LOCAL NEWS
Warrant Issued for Molly Chirongoma Over Courtroom Altercation
by Kells Dzivaby Kells DzivaHarare magistrate Mrs. Gamuchirai Gore has issued a warrant of arrest against Molly Albertinah Chirongoma (55) for allegedly insulting and attempting to intimidate a witness, instructing him to cease testifying …
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LOCAL NEWS
Harare Town Clerk Arrested Over US$9.2m Tender Awarded to Moses Mpofu
by Kells Dzivaby Kells DzivaCity of Harare town clerk Hosiah Chisango has been apprehended for alleged unprocedural awarding of a US$9.2 million tender without observing the expected procedure. In a statement disseminated on Wednesday, …