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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Mbudzi Interchange now 74% complete

Source: Mbudzi Interchange now 74% complete –Newsday Zimbabwe Speaking at the official opening of the loop, Transport minister Felix Mhona said work at the interchange was now at 74%, with completion set for end of this year. THE Mbudzi Interchange is taking shape with government yesterday opening the Masvingo Road-Glen Norah loop, which will be […]
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UNDP, ministry arm Byo MSMEs for AfCFTA 

Source: UNDP, ministry arm Byo MSMEs for AfCFTA –Newsday Zimbabwe United Nations Development Programme THE government, working with the United Nations Development Programme (UNDP), has launched a training programme aimed at equipping micro-small to medium enterprises (MSMEs), particularly youth and women-led, with knowledge and skills necessary for export readiness, to capitalise on the African Continental […]
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Mash Central makes progress in HIV response 

Source: Mash Central makes progress in HIV response -Newsday Zimbabwe National Aids Council MASHONALAND Central province is making significant progress in HIV and Aids management, thanks to a cocktail of intervention programmes the province has implemented over the years. National Aids Council provincial manager for Mashonaland Central Edgar Muzulu said part of the success story […]
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High Court denies HCC executives bail 

Source: High Court denies HCC executives bail –Newsday Zimbabwe PLATINUM PLATINUM output from Zimbabwe is forecast to remain stable this year as the global demand is seen growing 3% to +226koz( thousand ounces), NewsDay Business can report. This is coming at a time when the Exchange Traded Funds (ETFs) holdings are expected to remain net […]
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‘Rains will not stop Kunzvi Dam construction’

Source: The Herald – Breaking news.   Workers backfill the Kunzwi Dam riverbed in Goromonzi on Saturday. — Picture Justin Mutenda Zvamaida Murwira, Senior Reporter THE construction of Kunzvi Dam will not be affected by the onset of rains as the contractor is backfilling the riverbed section to allow flood water to pass safely without […]
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