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Municipality audit exposes 92 000 litres fuel scandal
A damning internal audit at Chitungwiza Municipality has revealed shocking levels of fraud, mismanagement and possible collusion among officials, with more than 92 000 litres of diesel worth US$138 00...Published: 31 Aug 2025 at 10:30hrs | 177 | by Styaff reporter
Catholic priest up for US$38k theft
A damning forensic audit has revealed the misappropriation of US$38,000 at Clare Fashions, a company wholly owned by the Roman Catholic Diocese of Mutare, exposing serious lapses in financial controls...Published: 31 Aug 2025 at 08:47hrs | 102 | by Staff reporter
Shell companies siphon US$450m from Zimbabwe, SA
A network of 23 shell companies operating between Zimbabwe and South Africa has been implicated in laundering US$450 million through illicit financial flows (IFFs), part of an estimated US$3 billion i...Published: 15 Aug 2025 at 14:22hrs | 537 | by Staff reporter
Lesetja Kganyago has intentionally destroyed black businesses
In a blistering and unfiltered critique, Khandani Msibi, Group CEO of NUMSA Investment Company and 3Sixty Global Solutions Group, has accused South African financial regulators of systematically targe...Published: 10 Aug 2025 at 16:17hrs | 731 | by Staff reporter
Manyere, Nyengedza at centre of SA company collapse
Two prominent Zimbabwean businessmen, George Manyere and Godwin Nyengedza, are at the heart of the dramatic collapse of Afristrat Investment Holdings - a South African financial services firm formerly...Published: 04 Aug 2025 at 17:15hrs | 521 | by Staff reporter
AG flags legal risks in Trabablas interchange land acquisition
The Auditor-General has raised alarm over procedural lapses by the Ministry of Transport and Infrastructural Development in the acquisition of land for the recently completed US$114 million Trabablas ...Published: 28 Jul 2025 at 08:54hrs | 364 | by Staff reporter
Financial mismanagement at Parliament of Zimbabwe exposed
The Auditor-General has exposed alarming financial irregularities at the Parliament of Zimbabwe, including unauthorised fuel allocations, ballooning payment arrears, and undelivered government vehicle...Published: 28 Jul 2025 at 08:49hrs | 268 | by Staff reporter
'Better Schools Program Zimbabwe, a huge scam'
A damning audit has revealed that the Better Schools Program Zimbabwe (BSPZ) Fund in Masvingo Province is operating illegally, lacking a registered constitution and failing to secure mandatory approva...Published: 26 Jul 2025 at 15:12hrs | 303 | by Staff reporter
ZB faces shareholder revolt
ZB Financial Holdings (ZBFH) is once again embroiled in a shareholder dispute, as long-simmering tensions with prominent investor Nicholas Vingirai flare up over allegations of flawed audit procedures...Published: 25 Jul 2025 at 14:09hrs | 269 | by Staff reporter
Bulawayo ramps up its anti-corruption efforts
The City of Bulawayo has ramped up its anti-corruption efforts by upgrading its internal audit unit into a full-fledged department, aimed at enhancing fraud detection, accountability, and good governa...Published: 24 Jul 2025 at 14:42hrs | 454 | by Staff reporter
Parents reject, return 'overpriced' bus
A storm is brewing at Ngangu Primary School in Chimanimani after angry parents and guardians forced the return of a newly purchased school bus to its supplier, alleging the vehicle was grossly overpri...Published: 18 Jul 2025 at 08:30hrs | 1061 | by Staff reporter
State diamond firm lays off hundreds to avoid collapse
Zimbabwe's state-controlled diamond miner, the Zimbabwe Consolidated Diamond Company (ZCDC), has launched a major retrenchment exercise in a desperate bid to stave off collapse, following a brutal cra...Published: 13 Jul 2025 at 11:08hrs | 174 | by Staff reporter
Zimbabwe govt to settle parastatal debt
The Ministry of Finance, Economic Development and Investment Promotion says it is intensifying efforts to settle mounting debts owed to state-owned enterprises (SOEs), including telecoms giant T...Published: 06 Jul 2025 at 19:47hrs | 1712 | by Staff reporter
Internal disputes rock Highlanders
Premiership side Highlanders Football Club continues to grapple with internal conflicts as revelations emerge about questionable financial practices within the club's executive. Reliable insiders have...Published: 05 Jul 2025 at 15:32hrs | 753 | by Staff reporter
ZB major shareholder blocks Ernst & Young appointment
ZB Financial Holdings' (ZBFH) attempt to re-appoint Ernst & Young (EY) as its external auditors for the 2025 financial year stalled last week after major shareholder Transnational Holdings objecte...Published: 04 Jul 2025 at 12:53hrs | 529 | by Staff reporter
'Bring in ZACC to clean up Highlanders'
Highlanders Football Club is currently engulfed in a storm of controversy following the sudden resignation of Acting CEO Kindman Ndlovu, who last week submitted a scathing letter citing a toxic workin...Published: 30 Jun 2025 at 13:14hrs | 339 | by Staff reporter
It will take more than Mnangagwa's gold vault tour to restore public trust in the ZiG
There's a saying: trust is built over time - but can be destroyed in an instant, and once broken, confidence is not only shattered, but painfully difficult to rebuild.President Emmerson Mnanga...Published: 23 Jun 2025 at 18:56hrs | 352 | by Tendai Ruben Mbofana
ZACC joins fight against education corruption
The Ministry of Primary and Secondary Education has intensified efforts to root out corruption in schools across Manicaland by enlisting the Zimbabwe Anti-Corruption Commission (ZACC) and the po...Published: 21 Jun 2025 at 09:34hrs | 117 | by Staff reporter
Zimbabwe returns 418 hectares to PPC after 12-year wait
The Zimbabwean government has returned 418 hectares of land to cement manufacturer PPC Zimbabwe Limited, more than a decade after seizing the property, in a move valued at a nominal R37 million (US$2,...Published: 16 Jun 2025 at 14:24hrs | 208 | by Staff reporter
Zimbabwe cops making a killing from fingerprints
The Zimbabwe Republic Police (ZRP) has come under fire following revelations that officers are illegally charging an additional $15 "facilitation fee" to expedite fingerprint clearance services, on to...Published: 08 Jun 2025 at 13:26hrs | 964 | by Staff reporter
ZACC raises red flag over rampant corruption in schools
The Zimbabwe Anti-Corruption Commission (ZACC) has sounded the alarm over a surge in cases of financial misconduct in schools, implicating school heads and School Development Committee (SDC) chairpers...Published: 15 May 2025 at 09:12hrs | 175 | by Staff reporter
Zimbabwe sets up carbon credit market regulatory framework
Zimbabwe has taken a significant step toward formalising its participation in global carbon markets by gazetting regulations to establish the Zimbabwe Carbon Market Authority (ZiCMA), a statutory body...Published: 07 May 2025 at 09:26hrs | 272 | by Staff reporter
Mthuli Ncube taken to court
A court application filed by registered public accountant Last Matema, challenging the constitution of the Public Accountants and Auditors Board (PAAB), has been dismissed by the High Court, with the ...Published: 28 Apr 2025 at 12:46hrs | 14487 | by Staff reporter
Bulawayo council officer vanishes after church booking fraud exposed
A Bulawayo City Council clerical officer has reportedly gone absent without official leave (AWOL) after being implicated in a church booking scam that cost the council over US$2,000 in losses....Published: 16 Apr 2025 at 22:55hrs | 918 | by Staff reporter
Mnangagwa calls on accountants to safeguard national resources
President Emmerson Mnangagwa has called on local accountants to serve as trustworthy gatekeepers of national resources in a bid to curb fraud and corruption, which continue to drain the country's fina...Published: 12 Apr 2025 at 13:08hrs | 61 | by Staff reporter
Mnangagwa to preside over the Chartered Accountants Conference
President Emmerson Mnangagwa is set to preside over the Chartered Accountants Conference this morning, a key event aimed at reflecting on the challenges and opportunities facing the accounting profess...Published: 12 Apr 2025 at 09:12hrs | 32 | by Staff reporter
Funds embezzlement scandal at Khumalo Primary School
Khumalo Primary School headmistress Stella Mhlanga and two other school officials are facing allegations of embezzling US$12,000 from the school's funds through under-banking and other fraudulent acti...Published: 27 Feb 2025 at 11:43hrs | 1478 | by Stephen Jakes
Massive fuel theft rocks Zimbabwe Media Commission
Millions of Zimbabwe dollars have vanished from the Zimbabwe Media Commission (ZMC), with an internal audit revealing the misappropriation of approximately 77,000 liters of fuel over a 20-month period...Published: 26 Feb 2025 at 12:22hrs | 612 | by Staff reporter
NSSA chairman embroiled in underhand Rainbow Tourism Group takeover bid
NATIONAL Social Security Authority (Nssa) chairman Emmanuel Fundira, who is former chairman of African Sun Limited, and an ex-Rainbow Tourism Group (RTG) senior executive Paula January are accused of ...Published: 18 Feb 2025 at 20:01hrs | 1563 | by NewsHawks
Zimra enforces tax compliance for Professionals
The Zimbabwe Revenue Authority (Zimra) has reaffirmed regulations requiring individuals under specified professional bodies to present valid tax clearance certificates before renewing or registering t...Published: 30 Jan 2025 at 06:39hrs | 423 | by Staff reporter
Bosso financial woes exposed
Highlanders Football Club's precarious financial state was laid bare at its annual general meeting (AGM) yesterday, as audited financial statements revealed glaring discrepancies and management challe...Published: 27 Jan 2025 at 08:20hrs | 222 | by Staff reporter
Headmistress disrespecting the community, lying to authorities
In Mbembesi, Lupane, tensions have escalated between parents of learners at Mlonyeni Primary School and the school's headmistress, Ms Abigail Mpinga, amidst allegations of mismanagement, disrespect to...Published: 14 Jan 2025 at 14:10hrs | 518 | by Staff reporter
Gweru's Go Beer bounces back after decade
Gweru City Council's beer concern, Go Beer, has reopened after a decade-long closure, bringing fresh hope to the local economy. The local authority confirmed that operations had resumed last week, wit...Published: 01 Jan 2025 at 10:22hrs | 1364 | by Staff reporter
1Win App Review for Players in Uganda
You can easily download the 1Win app from the company's official website to your Android or iOS device. The app has low technical requirements, so almost anyone in Uganda will be able to use it. It is...Published: 19 Dec 2024 at 12:55hrs | 122 | by Staff Reporter
Zinwa financial rot exposed
An external audit conducted by Grant Thornton has raised serious concerns about the financial management at the Zimbabwe National Water Authority (Zinwa), revealing significant irregularities in its r...Published: 14 Dec 2024 at 12:35hrs | 2183 | by Staff reporter
Court orders Bosso to reinstate Finance Officer
Highlanders Football Club has been directed to reinstate their suspended finance officer, Sihlalisiwe Mnkandla, following a Labour Court ruling in her favor. The court's decision concludes a nearly ye...Published: 13 Dec 2024 at 06:48hrs | 271 | by Staff reporter
Parly report flags financial abuse at local authorities
A recent report by a Parliamentary Portfolio Committee has raised concern over financial mismanagement at local authorities saying this has undermined accountability at councils.The report, ta...Published: 03 Dec 2024 at 08:57hrs | 109 | by Staff reporter
40% of South Africa critical skill permits issued to Zimbabweans
South Africa has issued 4,913 critical skills visas since 2020 to nationals from over 100 countries, with more than half (55%) of those going to people from Zimbabwe and India.Home Affairs Min...Published: 16 Sep 2024 at 19:29hrs | 5287 | by Staff reporter
Comprehensive Review of Solana's Network Security Measures
Overview As a critical element of its network architecture, security has been given top priority by Solana, a rapidly emerging competitor in the blockchain ...Published: 18 Jul 2024 at 14:51hrs | 242 | by Staff Reporter
Annual independent external audit for RBZ reserves
Independent external auditors shall audit Reserve Bank of Zimbabwe (RBZ) precious minerals and foreign currency reserves backing the country's new currency, Zimbabwe Gold (ZiG), once a year as part of...Published: 11 Apr 2024 at 08:32hrs | 20 | by Staff reporter
US$15,000 bribe demand haunts top officials
The Public Accountants and Auditors Board (PAAB)'s secretary and the acting deputy secretary are at the centre of a corruption scandal involving the registration of a new audit firm.The PAAB i...Published: 31 Mar 2024 at 15:22hrs | 4 | by Staff reporter
Mukuru distributes millions in aid to vulnerable Africans
CAPE TOWN, South Africa, March 19, 2024 - Next-generation financial services platform, Mukuru (www.Mukuru.com), has successfully distributed millions in aid to disadvantaged recipients in Africa throu...Published: 19 Mar 2024 at 12:41hrs | 189 | by APO
Zim govt flags UBH theft of drugs, malpractices
GOVERNMENT has raised a red flag over alleged acts of mismanagement, corruption in terms of awarding of tenders and theft of essential drugs at the United Bulawayo Hospitals (UBH), one of the country'...Published: 15 Mar 2024 at 07:13hrs | 8 | by Staff reporter
Go Beer to reopen in 8 months
GWERU mayor Martin Chivhoko has announced that the local authority's beer concern, Go Beer will commence production in November this year.Chivhoko said a memorandum of agreement had been signe...Published: 07 Mar 2024 at 05:09hrs | 8 | by Staff reporter
Mnangagwa regime doing the work of US sanctions in Zimbabwe!
My own views on this sanctions issue have always been that we needed to prove these measures were the cause of our suffering. I have never denied that there have been targeted sanctions impose...Published: 06 Mar 2024 at 23:01hrs | 6 | by Tendai Ruben Mbofana
Gweru to revive Go Beer Breweries
Gweru city council is locked in talks with an unnamed investor to revive the local authority's beer concern, Go Beer, in a bid to start operations this year, it has been established.Mayor Mart...Published: 11 Feb 2024 at 21:09hrs | 2 | by Staff reporter
'Something stinks at the Highlanders clubhouse'
THE car wash business at the Highlanders clubhouse that paid the Bulawayo giants US$50 in revenue for the whole of 2023 as revealed by financial statements read out by club interim treasurer Israel Mo...Published: 02 Feb 2024 at 04:53hrs | 4 | by Staff reporter
Mnangagwa not a game-changer but merely going in circles
So the ZANU PF regime is exceedingly delighted over the US$1.5 billion Manhize steel project in Mvuma!The Zimbabwe government can not tell ...Published: 21 Jan 2024 at 07:13hrs | 20 | by Tendai Ruben Mbofana
Bosso fans question wisdom of an 'absentee' chairman
DEBATE has been raging on social media about the wisdom of electing office bearers based out of the country as Highlanders Election Day draws closer.Highlanders paid-up members will on 4 Febru...Published: 12 Jan 2024 at 09:45hrs | 15 | by Staff reporter
Zec gets US$20m allocation
TREASURY has allocated the Zimbabwe Electoral Commission (Zec) ZW$116 600 000 000 (US$20 137 979) in the 2024 National Budget, which analysts say is likely to be whittled down by the controversial rec...Published: 04 Dec 2023 at 15:39hrs | 12 | by Staff reporter
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