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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 | 5215 | 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 | 152 | 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 | 12 | 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 | 3 | 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 | 8 | 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 | 4 | 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 | 2 | 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 | 5 | 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 | 1 | 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 | | 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 | 13 | 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 | 7 | 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 | 7 | by Staff reporter
Elections cost Zimbabwean taxpayers US$188 million
THE Zimbabwe Electoral Commission (Zec) received ZW$860 billion (US$188 266 199) to conduct the 23 August general elections, a figure which is likely to balloon in the forthcoming parliamentary and lo...Published: 27 Nov 2023 at 15:43hrs | 7 | by Staff reporter
Zimbabweans urged to be confident in themselves
Zimbabwe's Minister of Higher and Tertiary Education, Innovation, Science, and Technology Development, Amon Murwira, encouraged Zimbabweans to have faith in their abilities, focus on the future, and c...Published: 24 Oct 2023 at 06:03hrs | 1 | by Staff reporter
Zimbabwe gold-backed tokens enter market
Zimbabwe Gold (ZiG), the digital tokens backed by gold, has gained approval as a legitimate means of payment for domestic transactions, effective immediately. Transactions involving ZiG will be proces...Published: 06 Oct 2023 at 06:32hrs | 1 | by Staff reporter
Storm brews at Msengezi High School
A STORM is brewing at Msengezi High School in Mashonaland West province where a section of parents is demanding the removal of the current School Development Committee (SDC) led by Leonard Matatu over...Published: 17 Jul 2023 at 06:58hrs | 7 | by Staff reporter
Fraudster nominated for Nketa seat?
Obert Manduna who was once accused of misappropriating more than $12 000 in school funds has been nominated to stand as a Member of Parliament for Nketa in the coming elections. Manduna ...Published: 21 Jun 2023 at 08:38hrs | | by Staff reporter
Bosso auditors quit amid threats, tensions
HIGHLANDERS Football Club is facing a crisis that threatens its reputation and financial stability. Recent events have unfolded, leading to the resignation of the club's auditors, PNA Chartered Accoun...Published: 17 Jun 2023 at 08:06hrs | | by Staff reporter
Bosso treasurer quits
HIGHLANDERS Football Club treasurer Busani Mthombeni has resigned midway through his three-year term. Mthombeni quit his post on last (Tuesday) night after presenting the club's 2023 budget du...Published: 14 Jun 2023 at 10:52hrs | | by Staff reporter
Bosses faint after retrenchment
CHAOS erupted at Mega Pak company in Ruwa when some managers fainted after receiving retrenchment letters on short notice.The packaging firm's subsidiary was said to be struggling with financi...Published: 13 Jun 2023 at 08:40hrs | 9 | by Staff reporter
BCC migrating to international accounting standards
BULAWAYO City Council (BCC) is adopting the Zimbabwe Financial Reporting Manual (ZFRM) for the public sector that will see it migrate to the accrual based International Public Sector Accounting Standa...Published: 13 Jun 2023 at 06:41hrs | | by Staff reporter
Corporate24 boss in the dock for fraud
Corporate24 Medical Centre founder and CEO, Mike Joka Tuesday appeared before a Harare magistrate accused of swindling Premier Service Medical Aid Society (PSMAS) of ZW$108,860 in 2021.Joka is...Published: 06 Jun 2023 at 18:55hrs | 1 | by Staff reporter
Bosso executives survive vote of no confidence
HIGHLANDERS Football Club's executive survived a vote of no confidence after the auditors issued an adverse opinion on the club's financials which paints a bad picture of the institution.An ad...Published: 22 May 2023 at 06:35hrs | | by Staff reporter
Auditors condemn Edgars financial results
DELOITTE and Touche Zimbabwe auditors have condemned Edgars Stores Limited financial results for the year ended January 8, 2023, saying they failed to comply with International Financial Reporting Sta...Published: 14 May 2023 at 11:37hrs | | by Staff reporter
Council divided over Go Beer revival
Gweru City councillors have called on management to compile a report on the defunct Go Beer Breweries before the local authority entertains any plans of reclaiming the business.The brewery was...Published: 23 Apr 2023 at 07:52hrs | 1 | by Staff reporter
Highlanders' books open to manipulation
HIGHLANDERS Football Club is battling the flames that are threatening the stability of the club after auditors flagged some discrepancies in the club's books.According to a report sent to mana...Published: 22 Apr 2023 at 18:59hrs | | by Staff reporter
'Lying' Coventry, Kamambo in bare knuckle fight
SUSPENDED Zifa board members have accused Sports minister Kirsty Coventry of lying under oath, following her recent claims in Parliament that she stepped in and fired them after they failed to account...Published: 04 Apr 2023 at 06:33hrs | 1 | by Staff reporter
Highlanders' financials: Something is STINKING!
HIGHLANDERS Football Club's bonafide members will have to wait a bit longer to receive audited financial statements for the year ending December 31, 2022 after it emerged that the auditors are yet to ...Published: 25 Feb 2023 at 07:02hrs | | by Staff reporter
Catholic priest under probe for harassing teachers, corruption
A Catholic resident priest at St Benedict High School, Fr Innocent Mangwiro is at loggerheads with the mission's authority and is now under investigation over allegations of misconduct, corrupt tenden...Published: 08 Jan 2023 at 08:56hrs | 6 | by Simbarashe Sithole
Zimbabwe coal reserves sold for a song
LOKALIZE Investments, a company reportedly linked to businessman Billy Rautenbach, was allocated coal reserves by the government in the western areas of resource-rich Hwange through a transaction tant...Published: 18 Nov 2022 at 05:42hrs | 1 | by Staff reporter
Legitimate Zifa exec tears into audit report
Felton Kamambo's fired Zifa executive has claimed that the audit report on the association's finances compiled by BDO Chartered Accountants exonerates them from any wrongdoing.Kamambo and his ...Published: 02 Nov 2022 at 05:06hrs | 1 | by Staff reporter
Zacc fails to account for expenses
The Zimbabwe Anti-Corruption Commission (Zacc), has failed to produce supporting documents to validate its expenditure in the previous year to auditor-general, Mildred Chiri, a situation that may have...Published: 25 Sep 2022 at 16:46hrs | | by Staff reporter
Mthuli Ncube turns screws on errant Govt departments
ALL ministries, Government departments and agencies have been given up to September 2 to submit due diligence reports on all contracts that were submitted as of July 31 but whose payments were suspend...Published: 24 Aug 2022 at 06:38hrs | | by Staff reporter
Bogus Zimra officials on the prowl
THE Zimbabwe Revenue Authority (ZIMRA) has said a group of people masquerading as its officials and purporting to be conducting audits are on the prowl.In a notice on Thursday, the revenue aut...Published: 05 Aug 2022 at 06:38hrs | | by Staff reporter
Bogus ZIFA fighting a losing battle
ZIFA lawyer Chenaimoyo Gumiro insists the association's recent Congress was in line with their constitution, and the April 23 resolutions, which included revoking Felton Kamambo's mandate, are not onl...Published: 31 Jul 2022 at 08:10hrs | 2 | by Staff reporter
Kamambo and crew are not thieves, crooks still at Zifa
SUSPENDED Zimbabwe Football Association (ZIFA) executives have said they are eager to stand trial and clear their names after their suspension by the Sports and Recreation Commission (SRC) on a number...Published: 30 Jul 2022 at 19:11hrs | 1 | by Staff reporter
Government not a paragon of good corporate governance - Majongwe
The Progressive Teachers Union of Zimbabwe Secretary General Raymond Majongwe has castigated government for interference in the Premier Services Medical A...Published: 07 Jul 2022 at 19:11hrs | 6 | by George Swarei
NRZ looting unearthed
AN internal audit has uncovered corporate governance rot, and looting at ailing parastatal National Railways of Zimbabwe (NRZ) with board chairperson Martin Dinha (pictured) and his board allegedly bl...Published: 24 Jun 2022 at 08:20hrs | | by Staff reporter
Varsity bursar up for $10m fraud
The assistant bursar with the Midlands State University with responsibility for the payroll has been issued with a warrant of arrest after he went on the run and failed to appear at the Gweru Magistra...Published: 01 Jun 2022 at 06:32hrs | | by Staff reporter
NRZ assets revalued to US$3 billion
NATIONAL Railways of Zimbabwe (NRZ)'s assets have been revalued at over US$3 billion, meaning the parastatal is not insolvent as previously alleged, a senior official said.Previously, the Stat...Published: 23 May 2022 at 06:35hrs | | by Staff reporter
Sigh of relief for commuters
THE upward review of hire fees for commuter omnibuses that are contracted under the Zimbabwe United Passenger Company (Zupco) franchise has helped ease transport challenges for the travelling public....Published: 15 May 2022 at 06:10hrs | | by Staff reporter
MPs demand action on stolen COVID-19 funds
THE Public Accounts Committee (Pac) has called on the Zimbabwe Anti-Corruption Commission (Zacc) and police to investigate the abuse of US$89 million COVID-19 relief funds by government officials....Published: 12 May 2022 at 06:31hrs | | by Staff reporter
ZRP fails to submit financial books for audit
THE Zimbabwe Republic Police has for the past two years failed to present its books for 16 farms to the Auditor-General while the Police Service Commission has also failed to submit its annual report ...Published: 15 Apr 2022 at 19:21hrs | 4 | by Staff reporter
AG to name and shame
Auditor General, Ms Mildred Chiri says her office will continue to name and shame companies that fail to deliver upon getting Government contracts despite threats of litigation from the firms....Published: 13 Apr 2022 at 17:53hrs | | by Staff reporter
Chiri report exposes police
POLICE are said to have failed to produce financial records for 16 farms to facilitate auditing for the past two years, a situation that has raised eyebrows.The revelations were made by the Au...Published: 11 Apr 2022 at 06:34hrs | | by Staff reporter
'Zimbabwe electoral process manipulated'
LOCAL think-tank Zimbabwe Democracy Institute (ZDI) and election watchdogs - Election Resource Centre (ERC) and Zimbabwe Election Support Network (Zesn) - yesterday described the run-up to next week's...Published: 15 Mar 2022 at 05:38hrs | | by Staff reporter
Zec must allow for external audit of voters' roll
THE proposal by electoral watchdog, Zimbabwe Election Support Network (Zesn), for the under-fire Zimbabwe Electoral Commission (Zec) to consider engaging independent auditors to scrutinise the v...Published: 01 Mar 2022 at 05:35hrs | | by Staff reporter
'Let external auditors vet voters roll'
ELECTORAL watchdog Zimbabwe Election Support Network (Zesn) has implored under-fire Zimbabwe Electoral Commission (Zec) to consider engaging independent auditors to scrutinise its voters roll as a way...Published: 28 Feb 2022 at 05:22hrs | | by Staff reporter
Hyperinflation headache for accountants
THE Institute of Chartered Accountants of Zimbabwe (ICAZ) last week cast doubts over the validity of financial statements, citing hyperinflation and exchange rate volatilities.It has been a re...Published: 27 Feb 2022 at 07:34hrs | 1 | by Staff reporter
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