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Constantine Chiwenga: get lost!
Mrs. Merry Chiwenga is a victim of Zanu PF dirty politics. The young woman was used to the point of becoming mad. She is accused of trying to murder Chiwenga: question is, who gave Merry orders to tem...Published: 29 Jul 2025 at 20:47hrs | 2037 | by Nomazulu Thata
Parliament asked to investigate Chivayo
A Kwekwe resident, Emmanuel Nkosilathi Moyo, has written to the Speaker of Parliament, Jacob Mudenda, urging the legislature to launch an investigation into allegations of money laundering and corrupt...Published: 07 May 2025 at 16:29hrs | 3783 | by Staff reporter
Nigerians buying South African bank
The Bidvest Group has placed Bidvest Bank as a discontinued operation in its latest financial results ahead of the bank's sale to Nigerian giant Access Bank.In its results for the six months e...Published: 06 Mar 2025 at 16:34hrs | 2029 | by Staff reporter
SA banks freeze Zep holders' accounts
South African banks have frozen the accounts of Zimbabwean Exemption Permit (ZEP) holders, claiming it was a system error. However, the sudden account freezes have caused significant distress, with ZE...Published: 14 Jan 2025 at 14:14hrs | 276 | by Staff reporter
Stanbic named best ovderall bank 2024
Harare, 17 December 2024 - Stanbic Bank Zimbabwe has been named the overall best performing bank at the Banks and Banking Survey Awards 2024 sponsored by First Capital Bank. Stanbic Bank has n...Published: 17 Dec 2024 at 09:15hrs | 472 | by Agencies
4 banks quit in South Africa in 2024
BNP Paribas, HSBC, Sasfin Bank, and Bidvest Bank have all announced massive changes to their South African operations in 2024.French-based BNP Paribas was the first bank of the four to announc...Published: 09 Dec 2024 at 15:19hrs | 782 | by Staff reporter
Afreximbank to inject US$1bn into Zimbabwe economy
The African Export-Import Bank (Afreximbank) has announced a substantial financial commitment of US$1 billion to support Zimbabwe's economic growth, with funds allocated to various sectors in both the...Published: 14 Nov 2024 at 09:21hrs | 200 | by Staff reporter
South Africans lost R1 billion to digital banking fraud
Money lost by South Africans to digital banking fraud increased from R735,000 in 2022 to R1.1 billion in 2023 - a 47% increase.This is according to the South African Banking Risk Centre's (Sab...Published: 08 Nov 2024 at 16:33hrs | 632 | by Staff reporter
Bank card fraud chaos in South Africa
In 2023, card-not-present (CNP) fraud accounted for over 68% of all card fraud committed in South Africa, costing citizens over R700 million.This is according to the South African Banking Risk...Published: 08 Nov 2024 at 16:31hrs | 2240 | by Staff reporter
7 big global companies dump South Africa
Many large global companies, including Shell, HSBC, PNB Paribas, Rolex, AngloGold Ashanti, TotalEnergies, and BP's Aviation Fuel Business, are dumping South Africa.Last week, HSBC announced th...Published: 02 Oct 2024 at 12:35hrs | 1205 | by Staff reporter
Big international bank leaving Ramaphosa's South Africa
HSBC has exited its operations in South Africa after concluding deals with FirstRand and Absa to take over its two main divisions in the country. The bank first opened a South African office i...Published: 29 Sep 2024 at 12:49hrs | 44633 | by Staff reporter
US$1m stolen from Namibian bank was paid to Mugabe's pilot
A total of N$18,8 million (US$1m) stolen from SME Bank was transferred to and laundered by former Zimbabwean president Robert Mugabe's pilot and confidant Robert Mhlanga.This is according to c...Published: 20 Aug 2024 at 16:18hrs | 8435 | by Staff reporter
Chimombe, Mpofu to turn state witnesses against Chivayo?
Two businessmen linked to the inflation of contracts worth over US$100 million awarded by the Zimbabwe Election Commission (ZEC) were grilled by anti-corruption investigators on Monday.Moses M...Published: 24 Jun 2024 at 11:24hrs | 16 | by Staff reporter
Chivayo hijacks US$40m corrupt ZEC deal
CONTROVERSIAL businessman Wicknell Chivayo, who is close to President Emmerson Mnangagwa and other high-profile government officials, corruptly got a windfall from a murky Zimbabwe Election Commission...Published: 28 May 2024 at 12:47hrs | 35 | by Staff reporter
Kasukuwere's son loses US$33,000 to conmen
FORMER Cabinet minister Saviour Kasukuwere's 21-year-old son Christian lost close to R550 000 in a botched grocery supply deal.The suspects Jethro Mubaiwa (32) and Jonathan Mbunga (25) on Satu...Published: 29 Jan 2024 at 12:16hrs | 7 | by Staff reporter
Mthuli Ncube wants PPPs in stadiums revamp
FINANCE, Economic Development and Investment Promotions minister Mthuli Ncube has urged private players to come on board to help revamp stadiums. Ncube said private players could come on board under t...Published: 29 Jan 2024 at 07:02hrs | | by Staff reporter
Zimbabwe tycoon 'loses' US$65m in SA deal
Zimbabwean tycoon Danny Mavura Huruyadzo is set to lose substantial money after a multi-million-dollar deal with his erstwhile business associates based in South Africa turned sour.To avoid lo...Published: 31 Dec 2023 at 12:55hrs | 12 | by Staff reporter
Mthuli Ncube defends proposed sugar tax
Finance, Economic Development and Investment Promotion Minister Professor Mthuli Ncube has defended the proposed tax on high sugar content beverages, saying the revenue generated will go towards creat...Published: 07 Dec 2023 at 05:25hrs | 16 | by Staff reporter
Fake permits land man in court
A MAN from Harare has appeared in court on allegations of defrauding six people, mostly contacted through WhatsApp groups, of US$1 700 after misrepresenting that he could process permits to enable the...Published: 15 Nov 2023 at 05:08hrs | 15 | by Staff reporter
Stanbic scoops three prestigious awards
Harare, 24 October 2023 - Stanbic Bank Zimbabwe scooped three prestigious awards - two at the Banks and Banking Survey sponsored by financial services institution, FCB and publishing company, Alpha Me...Published: 25 Oct 2023 at 20:39hrs | 19 | by Agencies
Gono suffers court setback
Zimbabwe's former central bank governor, Gideon Gono, has faced a setback as a court dismissed his attempt to dismiss a lawsuit by a South African company demanding $2.2 million for grain deliveries m...Published: 02 Oct 2023 at 19:28hrs | 4 | by Staff reporter
New suburb to tackle Bulawayo housing backlog
THE Infrastructure Development Bank of Zimbabwe (IDBZ) is developing an upmarket suburb in Bulawayo which has 114 residential stands ranging from 3 500 to 9 000 square metres in size.The estim...Published: 20 Jul 2023 at 06:52hrs | 27 | by Staff reporter
ANC to blame for immigration crisis, says Maimane
OUTSPOKEN South African opposition leader, Mmusi Maimane, says the ruling African National Congress (ANC) is to blame for the immigration crisis in that country by condoning Zanu-PF's bad govern...Published: 30 Jun 2023 at 14:31hrs | 1 | by Staff reporter
RBZ backs Pan-African payment, settlement system
Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mangudya has thrown weight behind the Pan-African Payment and Settlement System, a cross-border, financial market infrastructure enabling payment system...Published: 21 Jun 2023 at 06:17hrs | 3 | by Staff reporter
Man loses US$457 000 to bitcoin dealer
A Harare man who specialises in cryptocurrency (bitcoin) business has appeared in court for allegedly duping an eye specialist of US$457 000 in a bitcoin deal by stealing the money from his accounts....Published: 07 Jun 2023 at 16:28hrs | 15 | by Staff reporter
A critical review of Al Jazeera's Gold Mafia documentary
APRIL, famously characterised as "the cruellest month" by distinguished poet and literary critic TS Eliot in his critically acclaimed essay "The Wasteland" - not because its first day celebrates fools...Published: 28 May 2023 at 17:07hrs | 6 | by Jonathan Moyo
Scammers bleed Natfoods US$6m
IN what could be one of the biggest cybercrimes ever reported in the country, National Foods, a local manufacturer and marketer of food products, lost over US$6 million to criminals who hacked into it...Published: 21 May 2023 at 08:03hrs | 3 | by Staff reporter
New housing deal for civil servants
GOVERNMENT is partnering the private sector to provide housing stands to civil servants through a system whereby it sells land to property developers at discounted rates and then it is given 10 percen...Published: 10 Apr 2023 at 07:27hrs | 3 | by Staff reporter
Giant step taken on Zimbabwe's 1 000MW floating solar project
THE bankability and feasibility study for the 1 000 Megawatt floating solar farm on Lake Kariba is expected to be completed this year while work on the proposed US$1 billion project will commence soon...Published: 04 Apr 2023 at 06:25hrs | 14 | by Mbuso Ndlovu
5 arrested over botched fuel deal
FIVE accomplices were on Friday arraigned before Harare magistrate Vongai Muchuchuti-Guwuriro facing allegations of duping a prominent Harare businessman of R269 000 in a botched fuel supply deal....Published: 03 Apr 2023 at 06:28hrs | 2 | by Staff reporter
Zimbabwe gold smugglers use South African banks, bribes to launder money
Several key officials at three major South African banks are helping a gold smuggling gang launder millions of dollars of dirty cash in exchange for regular bribes, an Al Jazeera investigation has fou...Published: 01 Apr 2023 at 17:56hrs | 1 | by Staff reporter
Who are Zimbabwe's Gold Mafia?
They operate from the shadows. Al Jazeera's latest investigation, The Gold Mafia, brings their crimes out into the open. Last week, Part 1 of ‘Who are the Gold Mafia?‘ dove into the lives of some ...Published: 31 Mar 2023 at 07:40hrs | 7 | by Staff reporter
Zimbabwe to woo capital markets investors in London
ZIMBABWEAN government officials and corporate leaders are gearing for a major capital markets conference in London, United Kingdom, during the last week of next month to mobilise private capital to fi...Published: 08 Mar 2023 at 05:27hrs | | by Staff reporter
ZCDC CEO suspension opens can of worms
THE Zimbabwe Consolidated Diamond Company (ZCDC) chief executive officer (CEO) Mark Mabhudhu was suspended on Monday for reportedly stalling the corrupt purchase of Kuvimba Mining House (KMH)'s 33% sh...Published: 01 Mar 2023 at 19:34hrs | 20 | by Staff reporter
FNB of South Africa plus 4 other investors vie for Standard Chartered Bank Zimbabwe?
THE proposed takeover of Standard Chartered Bank Zimbabwe (StanChart), the country's oldest financial institution, has moved a gear up after five prospective investors including local and regional ent...Published: 21 Jan 2023 at 11:25hrs | 20 | by Staff reporter
Stanbic Bank celebrates 3o years of driving Zimbabwe's growth
HARARE - 16 NOVEMBER, 2022 - Stanbic Bank, is this month celebrating 30 years of service provision which has seen the leading financial services institution contributing significantly to the socio-eco...Published: 16 Nov 2022 at 09:27hrs | 9 | by Agencies
Mnangagwa commissions new-look border post
A NEW era beckons for Beitbridge District in Matabeleland South as President Mnangagwa is expected to visit the border town today where he will officially commission some of the completed works under ...Published: 31 Aug 2022 at 06:39hrs | 1 | by Staff reporter
'Puppets will never rule Zimbabwe'
PRESIDENT Mnangagwa yesterday said time has come to vote out corrupt opposition councillors whose parties have not only run down local authorities but are puppets of Western countries that want to rem...Published: 26 Jul 2022 at 06:37hrs | 10 | by Staff reporter
Oliver Chidawu burial set for today
The memorial service for the Minister of State for Harare Provincial Affairs and Devolution, Engineer Oliver Chidawu, who died last Tuesday, was held yesterday at the family home in Harare ahead of bu...Published: 25 Jul 2022 at 06:26hrs | 3 | by Staff reporter
Chidawu leaves bitter-sweet legacy
THE untimely death Tuesday of Harare Metropolitan Provincial Affairs minister, Oliver Chidawu (68), due to suspected cardiac arrest, ignited social media amid revelations the top engineer-cum-politici...Published: 20 Jul 2022 at 08:19hrs | 13 | by Staff reporter
Zanu-PF mourns Chidawu
Zanu-PF has expressed shock following the death of Minister of State for Harare Metropolitan Provincial Affairs and Devolution Oliver Chidawu.Chidawu collapsed and died this morning at his hom...Published: 19 Jul 2022 at 18:40hrs | 2 | by Staff reporter
Chidawu suffers a heart attack hours after attending event with Mnangagwa
Oliver Chidawu, the provincial affairs minister for Harare collapsed and died this morning at his home.He was 68.Chidawu reportedly suffered a heart attack on Monday night, hours after...Published: 19 Jul 2022 at 18:35hrs | | by Staff reporter
Bulawayo avails 5 000 stands, another 5 000 in Masterplan
THE Bulawayo City Council (BCC) has availed more than 5 000 residential stands in various suburbs with another 5 000 outlined in its master plan as part of efforts to clear the city's housing backlog,...Published: 08 Jul 2022 at 07:35hrs | 301 | by Staff reporter
Low to middle-income housing project takes off from Bulawayo
BULAWAYO yesterday witnessed the official launch of a US$11 million housing project that will result in the construction of thousands of low-cost housing units in selected parts of the country with th...Published: 18 Jun 2022 at 07:26hrs | 31 | by Staff reporter
Arthur Fraser's sworn affidavit rocks Ramaphosa's camp, why did Zondo deny him chance to testify?
STARTLING revelations by former State Security Agency (SSA) director-general, Arthur Fraser, in an affidavit deposed to the South African Police Services (SAPS), about an undisclosed sum of money, bel...Published: 17 Jun 2022 at 12:34hrs | 2 | by Sizwe Dlamini
Trevor Ncube's dalliances with Mnangagwa run much deeper
This article on the mysterious and controversial relations between President Emmerson Mnangagwa and local publisher Trevor Ncube is a summary based on an extract from...Published: 08 Apr 2022 at 09:22hrs | 418 | by Jonathan Mbiriyamveka
Gauteng High Court asking the court to declare US sanctions on Zimbabwe illegal and unconstitutional
The Zimbabwe Anti-Sanctions Movement is asking the court to declare US sanctions illegal and unconstitutional.In a potentially ground-breaking international case, a group called the Zimbabwe A...Published: 15 Mar 2022 at 16:14hrs | 13 | by Staff reporter
Zinara pleads with DBSA after default
ZIMBABWE'S roads administrator revealed on Tuesday that it had re-engaged the Development Bank of South Africa (DBSA) to review terms of a US$206 million loan granted about seven years ago, following ...Published: 24 Feb 2022 at 05:41hrs | 1 | by Staff reporter
Munatsi, Dzanya wanted US$14m from BancABC
AT the time of his mysterious death, which relatives and friends believe was a cold blooded murder, Zimbabwe Investment and Development Agency boss Douglas Munatsi and his business partner Francis Dza...Published: 12 Dec 2021 at 20:18hrs | 14 | by Staff reporter
Munatsi: A smart distinguished banker
Zimbabwe is witnessing one of the largest outpourings of grief following the tragic loss of Douglas Tawanda Munatsi (‘DTM') on Monday November 29, 2021.It is definitely a tragedy of unspeaka...Published: 05 Dec 2021 at 06:17hrs | 13 | by Muchadeyi Ashton Masunda
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