RBZ liberalises exchange rate and tightens loan regulations to combat economic volatility

Prosper Ndlovu, prosper.ndlovu@chronicle.co.zw THE Reserve Bank of Zimbabwe (RBZ) has liberalised the exchange rate, effectively devaluing the local currency for the first time since its adoption in April, while tightening the screws on loans by raising the bank lending rate from 20 percent to 35 percent with immediate effect. Earlier reports yesterday suggested the Central […] …
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WATCH: New air ambulance service transforms emergency care in Bulawayo

Raymond jaravaza, raymondjaravaza@gmail.com A cloud of dust blanketed a section of the United Bulawayo Hospitals (UBH) aerodrome as the rotor blades of an Ansat helicopter whirred in the air, announcing the arrival of a life-saving air ambulance at one of the country’s major referral hospitals in Bulawayo yesterday. The helicopter, a flying intensive care unit, […] …
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The life and times of Mzoe…Bulawayo’s multi-talented artist

Sipepisiwe Moyo, moyosipepisiwe@gmail.com ARTS play a vital role in society, with artists serving as powerful voices. From visual arts to theatre and music, they explore diverse themes and issues. Today, we look into the journey of Mzobanzi Mlauzi, better known as Mzoe7, as he shares his rise from an aspiring artist to established musician. As […] …
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Baobab hurdle for Simba Bhora chase

Innocent Kurira, innocent.kurira@chronicle.co.zw SIMBA Bhora face a crucial test today as they take on defending champions Ngezi Platinum Stars in a Castle Lager Premier Soccer League match this afternoon at Baobab Stadium. A win would solidify their position as title contenders and silence any doubters, as the team seeks to win its first league title. […] …
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President Mnangagwa’s policies inspire Namibia

Zvamaida Murwira, Harare Bureau NAMIBIA has a lot to learn from Zimbabwe’s economic trajectory which has transformed political independence into economic emancipation, in the process uplifting the lives of ordinary people, under the leadership of President Mnangagwa, Utoni Nujoma, son of Namibia’s founding President, Dr Sam Nujoma, has said. Namibia, he said, would draw lessons […] …
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Coaches and managers share their thoughts: A roundup of post-match reactions

Shingai Dhlamini, dhlaminishingi@gmail.com THE Bulawayo Province Women’s Soccer League race for the title and against relegation are hotting up with exciting and fiercely contested ties every weekend. The recent matches were filled with thrilling contests and surprise upsets and plenty of drama on the field. Here is what the managers and coaches had to say […] …
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WATCH: Jumbos put villagers under ‘night curfew’, Rogue elephants destroy homesteads, disrupt learning

Mkhululi Ncube in Bulilima A “night curfew” has been enforced in certain villages within Bulilima District, Matabeleland South, due to wandering elephant herds that have entered communities in search of food and water, causing significant damage. Due to the fear of elephant attacks, some parents are keeping their children home from school, worried that the […] …
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President calls for peace, end to conflicts

Victoria Ruzvidzo in NEW YORK, USA PRESIDENT Mnangagwa has called for collective action in building an inclusive, just and sustainable world anchored on peace, solidarity and mutual respect. Addressing the United Nations General Assembly here early yesterday morning, President Mnangagwa said world peace could be attained by fostering sustainable development, strengthening multilateralism and upholding humanity. […] …
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Kaindu warns against complacency

Innocent Kurira, innocent.kurira@chronicle.co.zw HIGHLANDERS coach Kelvin Kaindu has warned his charges to guard against complacency when they face FC Platinum at Mandava Stadium. Highlanders beat Arenel 2-0 on Thursday after a four-match winless streak. Before their victory over Arenel, Bosso had been on a four-game winless run which saw them register two stalemates against Ngezi […] …
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ZimPharm seeks investment partners

Sikhulekelani Moyo, mskhulekelani16@gmail.com BULAWAYO-BASED pharmaceutical company, Zimbabwe Pharmaceuticals (ZimPharm), is scouting for potential investment partnerships to raise capital funding to expand production capacity and diversify operations. ZimPharm general manager, Mr Donald Mabhiza, revealed this during a familiarisation tour of the company by a delegation from the Investment Professionals Association of Zimbabwe (IPAZ) in the city […] …
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