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Steward bank official, other two accomplices steal $2300 from bank

AN EMPLOYEE with the Steward Bank in Bulawayo allegedly connived with outsiders to defraud his employer of $2300 through activating the dormant account at the bank so that they could clandestinely...Read more

Steward bank official, other two accomplices steal $2300 from bank

23 May 2015 | 1082 Views
AN EMPLOYEE with the Steward Bank in Bulawayo allegedly connived with outsiders to defraud his employer of $2300 through activating the dormant account at the bank so that they could clandestinely...

by Stephen Jakes

NetOne to launch 5G network

22 May 2015 | 3596 Views
MOBILE network provider, NetOne will launch Fifth Generation network once its technology partner has completed research and development into the new technology.NetOne's equipment partner, Huaw...

by Staff reporter

NMBZ expecting a good performance in 2015

22 May 2015 | 1309 Views
NMBZ is expecting a good performance in 2015, barring a significant deterioration in the economy, NMB Chief Executive, Ben Washaya has said. Washaya said the tough economic conditions con...

by Ndou Paul

Econet profits plummet by 41%

21 May 2015 | 2606 Views
Econet Wireless reported a 41% drop in profits, dragged down by significant tariff cuts, punitive regulatory measures and a deflationary economic environment in the country. Profit for the year en...

by Staff reporter

Zimbabwean company to manufacture devices for Safaricom

21 May 2015 | 2503 Views
G-Telecoms (GTel), a Zimbabwean mobile handset manufacturer, has inked an agreement with Kenyan operator Safaricom to offer devices on contract. The agreement is expected to give Safaricom customers f...

by Staff reporter

Safeguard invests $200 000 in rapid response vehicles

21 May 2015 | 3601 Views
Safeguard Alarms has added 10 brand new Nissan NP200 trucks to its rapid response fleet, making it possible for the company to increase its emergency response capacity.The trucks, which cost m...

by Chris Chinamhora

Zimpapers to close-shop on Saturdays?

20 May 2015 | 4962 Views
The appointment of Delma Lupepe, a devout Seventh-Day Adventists as Zimpapers board chairman this week has raised questions whether the stable will be opened for business on Saturdays. Lupepe's fana...

by Thobekile Zhou

Kingdom Bank Africa under final liquidation

20 May 2015 | 2902 Views
The High Court has appointed Max Marinelli and Chris Bray, both chartered accountants in Gaborone to oversee the liquidation of Kingdom Bank Africa. Nigel Chanakira remained invested in KB...

by Staff reporter

Zimbabwe could dispose of stake in Pan African Minerals Development Company

19 May 2015 | 3011 Views
Government is considering the possibility of disposing foreign assets belonging to the National Railways of Zimbabwe (NRZ), and using the funds to re-capitalise the country's sole railway company....

by Tawanda Musarurwa

Delma Lupepe appointed Zimpapers chairman

19 May 2015 | 2856 Views
BULAWAYO businessman Delma Lupepe has been appointed as the chairman of Zimbabwe Newspapers (1980) Limited. Mr Lupepe replaces Dr Charles Utete who stepped down from the board last month....

by Staff reporter

Parly Committee absolves Telecel

18 May 2015 | 3365 Views
The Parly committee on ICT last Thursday presented a report which absolved Telecel Zimbabwe of any wrong doing in the licence saga. The report said Telecel had mutually agreed with Governm...

by Staff reporter

Dr James Makamba in the dock

17 May 2015 | 5623 Views
LAST week, The Sunday Mail Business engaged one of Telecel's key shareholders, Dr James Makamba to answer some contentious and curious questions that have arose over the last 18 years since the format...

by Staff reporter

Econet mulling a major restructuring exercise

17 May 2015 | 4426 Views
ECONET Wireless Zimbabwe (EWZ) is believed to be mulling a major restructuring exercise through which a sizable chunk of its workforce will be laid off while some business units will be consolidated i...

by Staff reporter

Mobile network operators' revenue decline

15 May 2015 | 3877 Views
Revenue that mobile network operators generated declined by 17.9 percent in the fourth quarter of last year while the number of base stations increased by 9.7 percent, the Postal and Telecommunication...

by New Ziana

Change of Telephone number format for Chipinge

15 May 2015 | 1184 Views
TelOne advised its clients and stakeholders that it has digitaiised the Chipinge Exchange. Chipinge landline numbers will therefore be changing to include a three digit prefix after the ar...

by Ndou Paul

Public notice - Disruption of telecommunication services

15 May 2015 | 3897 Views
Public noticeDisruption of telecommunication servicesTo all our valued clientsTel-One would like to advise its valued clients and stakeholders that there may be an interruption of service ...

by Ndou Paul

Forum raps Potraz over Telecel licence cancellation

15 May 2015 | 3798 Views
The recent attempt by government through the Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) to cancel Telecel's operating licence discourages foreign direct investment and...

by Staff reporter

Workers go for 28 months without pay

14 May 2015 | 5307 Views
14 May 2015 Press Statement: It is Now 28 months for Marvo workers still counting without pay. Though it doesn't look like there would be a solution an...

by Marvo Workers

Cimas puts in place measures to expedite processing of drug claims

14 May 2015 | 2345 Views
Cimas Medical Aid Society has put in place measures to ensure that all drug claims are processed expeditiously, following its decision to suspend its online drug payment facility as a result of a...

by Mike Hamilton

RBZ to hold demonetisation awareness campaigns

14 May 2015 | 3801 Views
THE Reserve Bank of Zimbabwe (RBZ) governor John Mangudya has indicated that all operating banks have now submitted their Zimbabwe dollar bank balances.The bank set aside $20 million for demon...

by Staff Reporter

'Econet stole my idea'

14 May 2015 | 7184 Views
Econet Wireless is likely to face a lawsuit after reportedly hijacking a mobile savings scheme targeting low-income women's grassroots groups.The company was recently embroiled in a media sto...

by Staff reporter

Unilever suspends top management

14 May 2015 | 1846 Views
Unilever has suspended Zimbabwe-based vice president for Southern Africa, Nancy Guzha, Southern Africa brand building director Juliet Ziswa and four other top managers amid allegations of serious ...

by Staff reporter

Zimra suffers major system failure

14 May 2015 | 3434 Views
Cargo trucks destined for various countries across the region are stuck at border posts as the Zimbabwe Revenue Authority struggles to upgrade its System for Customs Data known as ASYCUDA.The...

by Thupeyo Muleya

'Telecel licence cancellation a blunder'

14 May 2015 | 3611 Views
THE government blundered when it cancelled Telecel Zimbabwe's operating licence and gave the mobile phone operator 30 days to wind up operations, a High Court judge has said. "It's a truism t...

by Fidelis Munyoro

Delta Beverages continues to register a decline in volumes

13 May 2015 | 3811 Views
Beverages maker Delta continues to register a decline in volumes as the slowdown in the economy takes its toll on the company's performance.Revenue for the year ended March 2015 was down 4 per...

by Rumbidzai Zinyuke

Fastjet recruiting staff in Zimbabwe, plans to commence Harare operations soon

13 May 2015 | 6188 Views
AIM listed low-cost airline Fastjet which owns fastjet Zimbabwe Limited on Wednesday announced that it is recruiting staff in Zimbabwe as it plans to commence operations in Harare in the next few m...

by Ndou Paul

Harare demands cable rentals from Econet

13 May 2015 | 3055 Views
Cash-strapped Harare City Council has extended its fishing net to underground cables laid down by telecommunications firms and is demanding monthly rentals for the property. Council busine...

by Staff reporter

Mugabe discusses Telecel Zimbabwe licence in Russia

12 May 2015 | 7626 Views
We see the Telecel Zimbabwe licence issue was raised as an agenda point during President Robert Mugabe's trip to Russia and an article appeared in one of the top circulating papers in Russia, ...

by Staff reporter

Telecel licence subject of discussion at Russia's highest governmental level

12 May 2015 | 5001 Views
ZIMBABWE-VIMPELCOM-LICENSE-TALKS08.05.2015 18:39:42 MSKThe problem with the license for Vimpelcom in Zimbabwe could become the subject of discussion at the highest governmental level – (sou...

by Interfax

National Blankets to cash in on winter

11 May 2015 | 1185 Views
National Blankets is targeting to increase production levels this winter from an average 20% to 50% but it requires more than $3 million working capital.National Blankets manufactures a wide v...

by Staff Reporter

Zambian soap company open plant in Zimbabwe

09 May 2015 | 5793 Views
Trade Kings Zambia Limited has set up a 50-million dollar detergent soap plant in Zimbabwe.Trade Kings Operations Director Bright Chunga says the plant will later introduce other products....

by Staff reporter

TelOne upgrades its Kariba, Karoi exchanges all telephone numbers to change

08 May 2015 | 3876 Views
The country's sole fixed telephone operator, TelOne is currently in the process of digitalizing it's network, in a move that will unlock new capacity as well as introduce more technologies and incre...

by Ndou Paul

Air Zimbabwe acquires new Airbus A320

08 May 2015 | 5949 Views
AIR Zimbabwe has acquired a new aircraft, an Airbus A320, in a move that is expected to restore confidence in the country's aviation industry and increase connectivity to international destinations....

by Staff reporter

Samsung to set up TV, fridge plant in Zimbabwe

08 May 2015 | 5926 Views
Korea-based telecoms manufacturing giant Samsung yesterday signed a $10 million deal with a local company, Cranbal Investments that will see the international firm setting up a television and refriger...

by Staff reporter

Econet unveils EcoCash Savings Club

07 May 2015 | 4524 Views
Mobile telecoms operator Econet Wireless has launched 'EcoCash Savings Club', a new mobile product to support savings groups across the country.According to Econet anyone registered on EcoCash...

by Staff reporter

Victory for Telecel Zimbabwe at the High Court

07 May 2015 | 6900 Views
The High Court of Zimbabwe has granted Telecel Zimbabwe an interdict preventing the industry regulator, POTRAZ, from executing the cancellation of its operating licence pending an appeal to the Mini...

by Ndou Paul

Nkolomi sells Gwanda Spar, Choppies to take over

07 May 2015 | 5536 Views
Prominent Gwanda business man Mgcini Nkolomi is reported to have sold his Spar premises to yet to be known company which has offered the Botswana owned Choppies stores the same premises to rent w...

by Stephen Jakes

Skit on Telecel 'collapse' - Video

06 May 2015 | 4485 Views
Skit on Telecel collapse - Video ...

by youtube

MTN takes over Telecel Zimbabwe

06 May 2015 | 23606 Views
INFORMATION Communication Technology and Courier Services minister Supa Mandiwanzira today is reported to have revealed that South African telecoms group MTN has taken over Telecel Zimbabwe, at leas...

by Staff reporter

Telecel up to date with licence fee payments

05 May 2015 | 4710 Views
Telecel Zimbabwe says it is up to date with payments for its operating licence despite the sentiments that it has not been compliant.Two months ago, Government cancelled an agreement with the ...

by Rumbidzayi Zinyuke

Babe, don't go!

05 May 2015 | 5062 Views
Telecel Zimbabwe still has an opportunity to keep its mobile-phone license after it was withdrawn by the industry regulator for a failure to comply with local ownership laws....

by Online

Metbank behind Telecel Zimbabwe woes

05 May 2015 | 5861 Views
Metbank, formerly owned by banker Enock Kamushinda is behind Telecel Zimbabwe's licence woes, it has since come to light.In press release titled, "Clarifications on Telecel Zimbabwe Licence Pa...

by Ndou Paul

Vimpelcom officials' jet in for talks over Telecel licence

05 May 2015 | 3594 Views
Global Telecoms Holdings and VimpelCom officials will meet Government today to find an amicable solution to the Telecel Zimbabwe licence debacle.Potraz last week granted Telecel Zimbabwe a spe...

by Staff reporter

'Telecel could yet retain mobile license,' says Mandiwanzira

04 May 2015 | 3802 Views
Telecel Zimbabwe still has an opportunity to keep its mobile-phone license after it was withdrawn by the industry regulator for a failure to comply with local ownership laws.The company "has a...

by bloomberg

Telecel employees' statement on cancellation of licence

04 May 2015 | 5814 Views

by Telecel Zimbabwe (Pvt) Ltd Employees

Gushungo Diary sets sights on exporting

03 May 2015 | 3263 Views
THE country's emerging dairy products manufacturing giant, Alpha Omega Dairy will soon introduce cheese as part of its product line amid revelations that the company was making headway towards explori...

by Staff reporter

Mysterious Zimbabwean 'leading player' in the mobile sector on mass recruitment

03 May 2015 | 5472 Views
A mysterious 'leading player' in the mobile sector is a on a massive recruitment drive as it seeking 24 people to fill in executive posts.According to an advert slashed in newspapers today, I...

by Thobekile Zhou

Massive scam hits Mines ministry

03 May 2015 | 3202 Views
OVER $1 million is reported to have been stolen by officials in the Mines and Mining Development Ministry who took advantage of lax accounting systems as 27 official receipt books cannot be accounted ...

by Staff Reporter

Mugabe cheese brand to be launched

03 May 2015 | 4190 Views
PRESIDENT Robert Mugabe's Alpha and Omega dairy company plans to introduce cheese as part of its product line amid revelations that the company was making headway towards exploring regional markets....

by Thobekile Zhou

Rainbow Hotels loses $41 846 to employees

02 May 2015 | 4541 Views
AN FBC bank employee has allegedly connived with the employee at Rainbow Hotel in Bulawayo to defraud the hospitality institution of over $41 800.This was heard by the Bulawayo magistrate Meri...

by Staff Reporter

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