Source: Teetering OK draws up internal corporate rescue plan -Newsday Zimbabwe STRUGGLING retailer, OK Zimbabwe (OK) owes its creditors, mostly suppliers, a whopping US$30,34 million as government’s induced exchange rate distortions doubled the firm’s US dollar obligations. In its trading update for the quarter ended December 31, 2024, OK revealed that the volatile nature of […]
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Zimbabwe Situation
‘Women representation in construction industry low’
Source: ‘Women representation in construction industry low’ -Newsday Zimbabwe This emerged during a road marking and new zebra crossing event held on Wednesday in Harare under the theme Accelerating Action in Construction Through Corporate Social Responsibility. THE Zimbabwe Building Contractors Association (ZBCA) says women are struggling to make inroads into the male-dominated construction industry. This […]
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Zim courts frowned upon death penalty: AG
Source: Zim courts frowned upon death penalty: AG -Newsday Zimbabwe ZIMBABWEAN courts viewed the death penalty and the conditions surrounding it as a human right violation, often commuting death sentences to life imprisonment. This was said by Attorney-General Virginia Mabiza at the United Nation’s Biennial High-Level Panel Discussion on the Judiciary’s Role in Advancing Human […]
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Teenager’s body found floating on Limpopo River
Source: Teenager’s body found floating on Limpopo River -Newsday Zimbabwe BEITBRIDGE, Feb. 26 (NewsDay Live) – The body of a 17-year-old Shashi villager who was swept away after his boat capsized along the Limpopo River has been recovered more than 120 kilometres downstream. Beitbridge police boss Chief Superintendent Mesuli Ncube confirmed the incident, adding that […]
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OK Zim fires Karombo, rehires Zireva to lead revival
Source: OK Zim fires Karombo, rehires Zireva to lead revival -Newsday Zimbabwe HARARE, Feb 26 (NewsDay Live) – Struggling retailer OK Zimbabwe has fired its management team led by Max Karombo and recalled former chief executive Willard Zireva from retirement to lead its revival. “The company has been facing operating challenges that have necessitated a […]
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Pensioners urged to make use of mobile money platforms
Source: Pensioners urged to make use of mobile money platforms -Newsday Zimbabwe THE National Social Security Authority (Nssa) has urged rural pensioners to take advantage of mobile money services to receive their pensions, instead of travelling long distances to access cash in towns. This appeal was made at a stakeholder engagement workshop in Kariba, where […]
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Residents urged to track budget
Source: Residents urged to track budget – The Southern Eye GWERU residents have been urged to track the 2025 budget and ensure council implements key priority areas agreed upon during consultative meetings Vendors Initiative for Social and Economic Transformation executive director Samuel Wadzai said this at a meeting jointly organised by Viset and Gweru Residents […]
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SDA church fights drug abuse in Byo
Source: SDA church fights drug abuse in Byo – The Southern Eye SEVENTH Day Adventist (SDA) Church members from Emganwini district have embarked on anti-drug and substance abuse campaign. SDA Church district pastor Ibadiah Ngwenya said the church was offering health care services to the addicts to help them to overcome addiction. “We […]
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Two arrested for gun possession at ED function
Source: Two arrested for gun possession at ED function -Newsday Zimbabwe BEITBRIDGE, Feb. 25 (NewsDay Live) -SECURITY officials on Monday intercepted two men on allegations of bringing a gun to a function where President Emmerson Mnangagwa was officiating at a groundbreaking ceremony in Beitbridge. The men were intercepted when their car was searched at a […]
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Economy at critical juncture: Economists
Source: Economy at critical juncture: Economists -Newsday Zimbabwe ECONOMISTS have warned that the economy is at a critical juncture, requiring stability through predictable policies, controlled inflation and a stable currency that fosters confidence among businesses and individuals. The warning comes as businesses are choking with some opting for corporate rescue while others are closing branches […]
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