Search / Barclays bank
Fact-Checking Blessed Geza
A few days ago, war veteran Blessed Geza released a reckless and inflammatory video on YouTube, packed with baseless accusations and outright fabrications all in a desperate attempt to incite unrest....Published: 23 Mar 2025 at 21:03hrs | 5302 | by John Mbizvo
Top Zimbabwe lawyer given ultimatum
The Law Society of Zimbabwe (LSZ) has given prominent lawyer Wilson Manase a deadline of ten days to provide an explanation for his failure to finalize the estate of the late businesswoman Jane Maisir...Published: 13 Oct 2024 at 12:43hrs | 1456 | by Staff reporter
Mnangagwa fires Guvamatanga, then changes mind
President Emmerson Mnangagwa sacked finance secretary George Guvamatanga last week but then had a change of heart after he made a groveling apology, and following further representations by chief cabi...Published: 01 Jul 2024 at 10:56hrs | 22 | by Staff reporter
CBZ in major strategic shake up
Pursuant to the strategic vision of creating one of the country's largest financial services groups, renowned banker, strategist and businessman Mr Luxon Zembe, has been appointed acting chairman of C...Published: 06 Dec 2023 at 05:02hrs | 17 | by Staff reporter
Ngwabi Bhebhe started MSU with $50
FORMER Midlands State University (MSU) vice-chancellor Ngwabi Bhebhe has opened up on the struggle he faced to set up the higher learning institution.Speaking last Friday at a golf tournament ...Published: 21 Mar 2023 at 08:44hrs | 1 | by Staff reporter
Sanctions on Zimbabwe are through ZIDERA and augmented by OFAC
ZIMBABWE remains under a punitive regime of economic sanctions that have negatively impacted the movement of funds and trading capabilities in the past two decades, Reserve Bank of Zimbabwe (RBZ) Gove...Published: 08 Mar 2023 at 05:28hrs | 2 | 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
100 hectares for Figtree smart city
Bulilima Rural District Council has offered a 100-hectare farm for the development of Figtree into a smart city whose transformation will be anchored on digitisation and adoption of green energy....Published: 30 Sep 2022 at 06:07hrs | 4 | by Staff reporter
Anthony Mandiwanza finally retires
LONG-SERVING Dairibord Holdings chief executive officer, Mr Anthony Mandiwanza, is retiring after serving the company for 34 years, 24 of them at the helm.In a statement on Wednesday, Da...Published: 20 Jul 2022 at 18:19hrs | 24 | by Staff reporter
Mahere affair with married man allegations take a new twist
CITIZENS Coalition for Change (CCC) spokesperson Fadzayi Mahere has threatened to sue online publication Kukurigo if it does not retract an article alleging she is having an affair with top businessma...Published: 05 Jul 2022 at 21:09hrs | 16 | by Staff reporter
Guvamatanga challenges claim Biti paid civil servants US$540 during GNU
FINANCE Ministry's permanent secretary, George Guvamatanga on Monday said current salaries being earned by the country's civil servants are much higher than the US$540 awarded at the peak of the dolla...Published: 28 Jun 2022 at 07:28hrs | 11 | by Staff reporter
Auditor-General redflags Bulawayo, Gweru councils
THE Auditor-General has red-flagged the Bulawayo and Gweru city councils for a host of misconduct, among them evading paying taxes, failure to account for millions of donations and selling stands to m...Published: 10 Apr 2022 at 08:14hrs | | by Staff reporter
Lafarge appoints new CE
LAFARGE Cement Zimbabwe has appointed Geoffrey Ndugwa as its chief executive, replacing Precious Nyika, who left the group in September.The Lafarge board said the appointment was with effect f...Published: 23 Dec 2021 at 05:40hrs | 9 | by Staff reporter
Kazembe Kazembe in US$2,5 million tender scandal
HOME AFFAIRS minister Kazembe Kazembe has been implicated in massive tender scandal after a company he has interests in won a lucrative tender under suspicious circumstances, it has emerged.Th...Published: 26 Oct 2021 at 06:43hrs | 1 | by Staff reporter
Is Guvamatanga altogether there?
An observation made by my daughter, Dr Rumbi, when she was 27 years old has haunted me ever since. Dr Rumbi was preparing for her doctoral defence on governance, and she had returned from a research t...Published: 17 Oct 2021 at 09:08hrs | 1 | by Kenneth Mufuka
Bigwig defends lavish party
UNDERFIRE Finance ministry permanent secretary George Guvamatanga has struck a defiant tone after fierce criticism over his 50th birthday bash in Harare where he invited top performers from South Afri...Published: 10 Oct 2021 at 06:53hrs | 1 | by Staff reporter
Parly demands role in IMF windfall use
ZIMBABWE'S parliament wants a huge say in the way government will distribute a nearly US$1 billion windfall injected recently into the economy by the International Monetary Fund (IMF).The wind...Published: 01 Oct 2021 at 08:05hrs | | by Staff reporter
9 new judges to be sworn in
NINE new judges recommended by the Judicial Service Commission and accepted by President Mnangagwa for appointment as judges of the High Court will tomorrow take their judicial oaths.The nine ...Published: 28 Sep 2021 at 06:09hrs | 2 | by Staff reporter
'Top bankers assigned to guard Zimbabwe's IMF windfall'
Finance Minister Mthuli Ncube laid out a solid spending plan for the US$961 million recently injected by the International Monetary Fund (iMF), saying the windfall would be guarded by three top banker...Published: 03 Sep 2021 at 07:01hrs | 2 | by Staff reporter
Ceteris Paribus #SanctionsMustGo
IN November 2018, Zimbabwean telecoms mogul Strive Masiyiwa joined the anti-sanctions lobby highlighting that no country could prosper with "its hands tied at the back".The impact of sanctions...Published: 20 Aug 2021 at 07:15hrs | 22 | by Eben Mabunda
Top banker Jinya makes grand return
IT is an appointment that many least expected. But ex-Nedbank managing director (MD) Charity Jinya made a surprise return to the country's banking industry on Saturday after Finance minister Mthuli Nc...Published: 21 Feb 2021 at 21:43hrs | 3 | by Staff reporter
Zimbabwe's cartels that are not the real cartels
I just read the report by Daily Maverick, that is purporting to expose cartels in Zimbabwe. The problem with the report is it does not include the obvious and leading cartels in Zimbabwe, such as Old ...Published: 11 Feb 2021 at 09:38hrs | 5 | by Simbarashe Mwandipendaa
Chivayo trial set for 2021
THE trial of businessman Wicknell Chivayo, his company Intratek and former Zimbabwe Power Company (ZPC) chairman Stanley Kazhanje on bribery charges has been set for next year. Harare regional...Published: 26 Nov 2020 at 07:08hrs | 1 | by Staff reporter
Prophet Bushiri's case (an analysis)
Prophet Bushiri was right to flee persecution from South Africa. From what I gathered, there is an impending danger to his life and that of his family(, wife and children). lf one is facing such probl...Published: 19 Nov 2020 at 08:40hrs | | by Njabulo
Wicknell Chivayo trial date set
FLAMBOYANT businessman Wicknell Chivayo, accused of bribery emanating from the Gwanda solar deal that he signed with the Zimbabwe Power Company (ZPC), will now stand trial on November 24 after the Hig...Published: 26 Sep 2020 at 18:59hrs | 1 | by Staff reporter
Even slaves refused to sell their souls
As the world marks 400 years since 1619, when Africans were first abducted and sold into slavery in America, this extract below from the book To Be A Slave by African-American author Julius Lester, pu...Published: 06 Sep 2019 at 07:16hrs | 2 | by Conway Tutani
First Capital Bank axes 120 workers
FIRST Capital Bank Zimbabwe (FCB), formerly Barclays Bank, has laid off 120 workers as the economic crisis continues to take a toll on the beleaguered financial services sector, NewsDay can exclusivel...Published: 05 Sep 2019 at 08:09hrs | 4 | by Staff reporter
Bank adopts new strategy
FIRST Capital Bank, formerly Barclays Bank Zimbabwe, has adopted an 'ever-changing' strategy going forward due to the monetary policy changes made in the country this year.This comes as banks ...Published: 04 Sep 2019 at 08:41hrs | | by Staff reporter
Convicted ex-ZPC boss sentencing deferred
Convicted ex-ZPC boss sentencing deferredA HARARE magistrate yesterday deferred the sentencing of former Zimbabwe Power Company (ZPC) board chair Stanley Kazhanje, who was convicted of conceal...Published: 31 Aug 2019 at 09:19hrs | | by Staff Reporter
Currency changes choke banks
ZIMBABWE'S banking sector is skating on thin ice due to a illiquidity crunch that has drastically reduced the financial institutions' capacity to lend following the reintroduction of a local currency,...Published: 25 Aug 2019 at 18:51hrs | 1 | by Staff reporter
US blocks Cyclone Idai aid
The Japanese religious movement, Soka Gakkai Foundation is failing to forward its US$10 000-00 donation to Cyclone Idai victims, citing the unilateral sanctions on Zimbabwe by the United States, Harar...Published: 09 Jul 2019 at 09:56hrs | 4 | by Gondai Kamumango
Is there any need for Zimbabwean banks to be technologically updated?
If a bank is stuck in last century thinking with last century leadership such cultural strategy will lead to eventual failure.I was in a hotel for lunch with a friend, when he asked me: "What ...Published: 03 Jul 2019 at 10:24hrs | | by Elvis Dvene
Is there any need for Zimbabwean banks to be technologically updated?
If a bank is stuck in last century thinking with last century leadership such cultural strategy will lead to eventual failure.I was in a hotel for lunch with a friend, when he asked me: "What ...Published: 03 Jul 2019 at 07:51hrs | | by Elvis Dvene
Zimbabwe plunged into mourning
LIBERATION war stalwart and former Cabinet Minister Dr Dumiso Dabengwa was a confidante of a number of Government ministers and helped them on issues of national importance, Deputy Minister of Defence...Published: 25 May 2019 at 08:35hrs | 5 | by Staff reporter
Air Zimbabwe stashes US$5m in UK
INSOLVENT flag carrier Air Zimbabwe Private Limited (AirZim) is still active in the United Kingdom (UK) under the same name, with financial records showing that the moribund airline has £4 million (U...Published: 24 May 2019 at 07:38hrs | 20 | by Staff reporter
Chivayo's bribe trial postponed
The trial of businessman Wicknell Chivayo who is facing charges of paying $10 000 to former Zimbabwe Power Company (ZPC) board chairperson Stanley Kazhanje to allegedly influence him not to cancel a 1...Published: 22 May 2019 at 06:21hrs | 1 | by Staff reporter
Chivayo's bribe trial postponed again
The trial of businessman Wicknell Chivayo, who is facing bribery allegations after he allegedly transferred $10 000 into former ZPC board chairperson Stanley Kazhanje's bank account to influence him n...Published: 07 May 2019 at 07:51hrs | | by Staff reporter
Zimbabwean gets top Unilever Africa job
UNILEVER, one of the world's leading consumer goods companies, has appointed Wellington Chimwaradze as vice president responsible for legal affairs for Africa.The trained lawyer, who has been ...Published: 13 Apr 2019 at 15:50hrs | 10 | by Staff reporter
ZPC board secretary throws Kazhanje under the bus
Zimbabwe Power Company board secretary Laura Tsomondo yesterday said former chairperson of the parastatal, Stanley Kazhanje, failed to declare his dealings with Intratrek Zimbabwe when he presided ove...Published: 06 Apr 2019 at 08:06hrs | 2 | by Staff reporter
Chivayo case in new twist
Former Zimbabwe Power Company chairperson Stanley Nyasha Kazhanje yesterday denied allegations that he received a $10 000 bribe so that he does not cancel a 100 megawatt Gwanda solar panel station pro...Published: 04 Apr 2019 at 06:53hrs | | by Staff reporter
Dzikamai Mavhaire faces arrest
Former Energy and Power Development Minister Dzikamai Mavhaire, who had been summoned by the State to testify against former Zimbabwe Power Company (ZPC) chairperson in a bribery case, was yesterday i...Published: 03 Apr 2019 at 08:18hrs | 1 | by Staff reporter
False start for Chivayo trial
The trial of businessman Wicknell Chivayo who allegedly transferred $10 000 into former Zimbabwe Power Company chairperson Stanley Kazhanje's bank account, ostensibly to influence him not to cancel a ...Published: 28 Mar 2019 at 23:31hrs | | by Staff reporter
Embargoes throttle Zimbabwe's financial system
Earlier this month, United States President Donald Trump extended the economic sanctions against Zimbabwe by a year, claiming that new Government's policies continue to pose an "unusual and extraordin...Published: 15 Mar 2019 at 05:50hrs | 5 | by Tawanda Musarurwa
Chivayo in court over $10 000 ZPC bribe
Businessman Wicknell Chivayo appeared at the Harare Magistrates Court yesterday facing a bribery charge after he allegedly transferred $10 000 into former Zimbabwe Power Company chairperson Stanely Ka...Published: 14 Feb 2019 at 07:25hrs | | by Staff reporter
Finance Minister stirs controversy
Finance and Economic Development minister Mthuli Ncube has divided opinion after appointing his permanent secretary, George Guvamatanga, to the board of the Zimbabwe Revenue Authority (Zimra)....Published: 22 Dec 2018 at 16:34hrs | 3 | by Staff Reporter
Mphoko to lose all Choppies shares
Former vice President Phelekezela Mphoko and his son Siqokoqela Mphoko are bound to lose all the shares they hold in Choppies Zimbabwe if they continue fighting their Botswana partners, we can r...Published: 10 Dec 2018 at 09:59hrs | 1 | by Mandla Ndlovu
Choppies exposes how they bribed Mphoko
A BOTSWANA company currently involved in a fierce ownership tussle for retail chain store, Choppies, has made shocking revelations on how former Vice President Phelekezela Mphoko was both bribed and u...Published: 10 Dec 2018 at 07:55hrs | 1 | by newzimbabwe
CABS is the top bank in Zimbabwe
FINANCE minister Mthuli Ncube has urged banks to diversify and develop business models tailored to meet special requirements of the unbanked and underserved segments of the population.Ncube wa...Published: 03 Dec 2018 at 07:28hrs | 2 | by Staff reporter
The most treasonous act you can do for your country is to support Zanu PF
If you support Zanu, you will be helping future Zimbabwean children to become perpetual slaves of other Nations while armed thieves in Zanu exponentiate their wealth.Imagine a country where yo...Published: 17 Nov 2018 at 17:19hrs | 2 | by Ryton Dzimiri
Chivayo's $10,000 bribe, ex- ZPC boss arrested
FORMER Zimbabwe Power Company (ZPC) chairperson Stanley Nyasha Kazhanje has been arrested on allegations of receiving a $10 000 bribe from controversial businessperson, Wicknell Chivayo so he does not...Published: 14 Nov 2018 at 06:06hrs | 11 | by Staff reporter
Load More Stories
