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Mnangagwa's minister forced to reverse his corrupt mansion deal
PUBLIC Service minister Paul Mavima could be forced by President Emmerson Mnangagwa or top officials to reverse his corrupt US$400 000 upmarket house purchase deal in Quinnington, Borrowdale, Harare, ...Published: 05 Mar 2023 at 15:20hrs | 2319 | by Staff reporter
NUST wins CFA Institute Research Challenge
A team from the National University of Science and Technology (NUST) has won the local competition of the CFA Institute Research Challenge after beating teams drawn from seven other local universities...Published: 04 Mar 2023 at 10:24hrs | 407 | by Staff reporter
Mnangagwa ally caught up in a US$400 000 corrupt upmarket house deal
PUBLIC Service, Labour and Social Welfare minister Paul Mavima is caught up in a US$400 000 corrupt upmarket house deal in Quinnington, Borrowdale, Harare, involving the National Social Security Autho...Published: 26 Feb 2023 at 10:41hrs | 3153 | by Staff reporter
Zimbabwe to become Africa's Dubai
Zimbabwe plans to set up an offshore financial center in the resort city of Victoria Falls that the government hopes will emulate the likes of Dubai and the Isle of Man to attract foreign investment....Published: 25 Feb 2023 at 08:54hrs | 11214 | by Staff reporter
Zimbabwe readies for Cyclone Freddy
Reports from Southern African Development Community (Sadc) Climate Services Centre indicate that the cyclone, which hit Madagascar on Tuesday night, is expected to make landfall in the region, includi...Published: 24 Feb 2023 at 07:08hrs | 300 | by Staff reporter
Top US banker Holtzman appointed Victoria Falls Offshore Centre Chairperson
TOP US banker and ex-politician, Marc Holtzman has been appointed chairperson of the Victoria Falls Offshore Centre in a move market watchers believe will bolster global investors' confidence....Published: 15 Feb 2023 at 05:04hrs | 1088 | by Staff reporter
Placements for 5 000 youths in agriculture
Up to 5 000 youths who graduated in Kwekwe last year after undergoing the provincial youth development skills programme will be placed on farms to boost their involvement in agricultural activities an...Published: 13 Feb 2023 at 05:15hrs | 98 | by Staff reporter
Belarus deals help bust Zimbabwe sanctions
A STRING of bilateral agreements that were signed between Zimbabwe and Belarus this week and in 2019, have helped the country bust sanctions not only in the agriculture sector which is on the rebound,...Published: 03 Feb 2023 at 06:46hrs | 354 | by Staff Reporter
Mnangagwa's govt dangles US$20m for lithium battery plant
FINANCE and Economic Development Minister Professor Mthuli Ncube says the Government is ready to put forward US$20 million to partner investors willing to invest in a lithium battery manufacturing pro...Published: 03 Feb 2023 at 06:44hrs | 894 | by Staff Reporter
Mnangagwa, Lukashenko to visit Victoria Falls today
PRESIDENT Mnangagwa and his Belarusian counterpart President Aleksandr Lukashenko are expected to visit the tourism city of Victoria Falls this morning as the two countries seek to cement relations ac...Published: 01 Feb 2023 at 07:40hrs | 129 | by Staff reporter
Zimbabwe plans to build new city for the rich
A brochure depicts pristine walkways, towering high rises and shining malls - all to be shared by a multiracial coterie of well-heeled residents. Plans also call for a solar plant, an important draw f...Published: 27 Jan 2023 at 15:20hrs | 13183 | 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 | 1351 | by Staff reporter
Kenyan hacker syphons $20M from Zimdef bank account
A KENYAN national yesterday appeared at the Harare Magistrates Court charged with hacking the Zimbabwe Manpower Development Fund (Zimdef) systems and syphoning $20 million from its bank account....Published: 06 Jan 2023 at 16:49hrs | 1356 | by Staff Reporter
Chiwenga ex-wife's Pretoria home, Range Rovers seized by South African authorities
Vice President Constantino Chiwenga's ex-wife Marry Mubaiwa's troubles continue mounting after a South African court has ordered the seizure of her Pretoria home and her two Land Rover vehicles until ...Published: 20 Dec 2022 at 20:44hrs | 3617 | by Staff reporter
Analysis of the 2023 national budget
The Zimbabwean government presented a ZW$4.5 trillion budget (21% of 2021 GDP) for the 2023 fiscal year. The government expects to collect revenues totaling ZW$3.9 billion (18% of GDP), thus resulting...Published: 16 Dec 2022 at 00:15hrs | 837 | by Victor Bhoroma
Chamisa chides CCC MPs for getting US$40 000 loans
CITIZENS' Coalition for Change (CCC) leader Nelson Chamisa says the US$40 000 loans given to legislators were in fact bribes to stop the MPs from speaking out against ongoing looting.He says a...Published: 03 Dec 2022 at 18:12hrs | 1030 | by Staff reporter
Mnangagwa's govt hard-pressed to appease restless public sector workers
FINANCE minister Mthuli Ncube has proposed to increase the proportion of employment costs on state expenditure to 52.4% from 42.3% as the desperate government makes frantic efforts to appease the 300 ...Published: 27 Nov 2022 at 14:58hrs | 287 | by Staff reporter
Zimbabwe shut out from World Tourism Market in London over non-payment
Zimbabwe suffered major international embarrassment at the World Travel Market in London on Monday after exhibitors from the country were temporarily shut out due to failure to pay.The Zimbabw...Published: 08 Nov 2022 at 05:28hrs | 1059 | by Staff reporter
Former bank boss 'feigned' cancer illness, says ex-wife
FORMER CBZ boss has been accused by his estranged wife of feigning stage 4 cancer illness to sell family property and fund a luxurious lifestyle for his new girlfriend.Makuvise's wife Clarieta...Published: 04 Nov 2022 at 05:28hrs | 1450 | by Staff reporter
How Mine robbers unmasked
POLICE in Bulawayo have linked armed robbers who raided a cash-in-transit vehicle transporting nearly 12kg of gold worth US$675 000 from How Mine to Fidelity Printers and Refiners to four other armed ...Published: 31 Oct 2022 at 04:51hrs | 1056 | by Staff reporter
Zimbabweans being swindled of millions by foreigners due to lies about sanctions
In their relentless shameless attempts at portraying every little problem faced by ordinary Zimbabweans as being a result of so-called 'sanctions imposed on the country' - the Zimbabwe government has ...Published: 26 Oct 2022 at 15:32hrs | 1197 | by Tendai Ruben Mbofana
Mnangagwa's govt moves to seize Chihuri farm
GOVERNMENT is intensifying its vindictive approach to seizing farms belonging to its critics, most of whom were the late former president Robert Mugabe's loyalists in the twilight years of life and ru...Published: 16 Oct 2022 at 19:34hrs | 5677 | by Staff reporter
How Mine robbery suspects appear in court
THREE suspects linked to a gang that got away with How Mine's 11,9 kilogrammes of gold worth US$ 450 000 and four guns were yesterday brought to court by detectives who were seeking their further dete...Published: 07 Oct 2022 at 05:57hrs | 1008 | by Staff reporter
200 000 graves cemetery for Bulawayo
BULAWAYO is set to have a 200 000-capacity cemetery which is expected to address the burial space shortage which has been haunting the city in recent years.The project is being implemented as ...Published: 02 Oct 2022 at 09:00hrs | 194 | by Staff reporter
ZB directors mull liquidation and surrendering licence
With three months left before year-end, it is now crunch time for ZB Financial Holdings (ZBFH), which is currently under increased pressure to recapitalise its building society within the grace period...Published: 02 Oct 2022 at 08:58hrs | 318 | by Staff reporter
Zimbabwe strikes gold in US
President Mnangagwa returned home triumphantly from the United States (US) yesterday where he received the backing of dozens of African countries for the unconditional removal of illegal sanctions imp...Published: 28 Sep 2022 at 05:55hrs | 550 | by Staff reporter
Mutinhiri in bitter farm dispute
FORMER Marondera East legislator Tracy Mutinhiri is embroiled in a bitter land dispute with a white commercial farmer Rijk Yates over the ownership of a farm in the district.Yates was contract...Published: 26 Sep 2022 at 05:59hrs | 2430 | by Staff reporter
3,000 hectares of wheat in Mat North
FARMERS in Matabeleland North have increased their wheat hectarage from last year's 950 hectares to about 3 000 hectares as the province moves towards enhancing the country's food security and attainm...Published: 22 Sep 2022 at 05:57hrs | 84 | by Staff reporter
Zimbabwe expects record 380 000 tonnes wheat harvest
FARMERS have started harvesting the winter wheat crop and for the first time since wheat growing started in 1966, Zimbabwe expects to reach self-sufficiency with a harvest of 380 000 tonnes.Sp...Published: 19 Sep 2022 at 05:57hrs | 226 | by Staff reporter
Armed robbers bring Bulawayo to a standstill
BUSINESS came to a standstill in Bulawayo's central business district yesterday when police cordoned off streets leading to Fidelity Building at the corner of 11th Avenue and Fife Street, where suspec...Published: 18 Sep 2022 at 16:56hrs | 1019 | by Staff reporter
'Armed robbers police Fidelity standoff' Details emerge
BUSINESS came to a standstill in Bulawayo's Central Business District (CBD) yesterday when police cordoned off streets leading to Fidelity Building at Corner 11th Avenue and Fife Street, where suspect...Published: 18 Sep 2022 at 16:54hrs | 765 | by Staff reporter
Bulawayo CBZ bank robbed after 5 gunmen pose as customers
Five men posed as customers and then whipped out guns in a lightning-speed robbery of a CBZ bank in Bulawayo on Tuesday, witnesses said.Law enforcement sources said the robbers, who had been i...Published: 13 Sep 2022 at 19:45hrs | 4194 | by Staff reporter
Top banker's wife demands US$100,000 from his lover for adultery
THE claimed mistress of ex-CBZ Holdings chief executive officer Nyasha Makuvise has been slapped with a US$100,000 adultery claim by the banker's estranged wife.According to papers before the ...Published: 10 Sep 2022 at 06:27hrs | 2219 | by Staff reporter
Wadyajena wants fraud charges dropped
Gokwe-Nembudziya legislator Justice Mayor Wadyajena yesterday indicated that he will next week file an application for refusal of further remand on the matter he is jointly charged with Cotton Company...Published: 09 Sep 2022 at 06:02hrs | 512 | by Staff reporter
Mnangagwa's ex-convict ally implicated in Cottco scandal
GUTAI Lisa-Marie Maropafadzo of Maropafadzo Energy (Pvt) Ltd , an ex-convict close to President Emmerson Mnangagwa and his family whose company is implicated in the US$5 million Cotton Company of Zimb...Published: 28 Aug 2022 at 19:10hrs | 3139 | by Staff reporter
Ex-defence official asked to explain wealth
THE National Prosecuting Authority continues to press those suspected of acquiring wealth through corruption and other criminal activity to explain how they have bought their houses and cars, with the...Published: 25 Aug 2022 at 06:31hrs | 821 | by Staff reporter
Wadyajena fraud case opens can of worms
Zanu-PF Member of Parliament for Gokwe-Nembudziya constituency Justice Mayor Wadyajena who is accused of fraud and money laundering involving US$5,8 million appeared in court Wednesday and was remande...Published: 19 Aug 2022 at 06:48hrs | 9973 | by Staff reporter
Wadyajena bought 25 trucks in US$5m Cottco scam, court hears
Justice Mayor Wadyajena, Zanu PF's Gokwe Nembudziya MP and chairman of the parliamentary committee on agriculture, siphoned millions of dollars from the Cotton Company of Zimbabwe in an elaborate scam...Published: 18 Aug 2022 at 08:01hrs | 2974 | by Staff reporter
Registrar General counters Nick Mangwana claims, confirms e-passport snag
Registrar General Henry Machiri has confirmed the country's E-passport processing system has run aground with authorities unsure on when the crisis will be over.This is contrary to claims by I...Published: 15 Aug 2022 at 16:50hrs | 1924 | by Staff reporter
Zimbabwe govt still processing e-passports
Government has dismissed rumours circulating on social media that the processing of E-passports has been stopped.In a statement released this afternoon by the Permanent Secretary for Informati...Published: 15 Aug 2022 at 07:20hrs | 5873 | by Staff reporter
Econet boss bags top director award
DEPUTY chief executive officer at Zimbabwe Stock Exchange-listed telecommunications giant, Econet, Roy Chimanikire was on Friday named Director of the Year for 2021.The director of the year aw...Published: 11 Aug 2022 at 06:43hrs | 503 | by Staff reporter
Nedbank chops off 23 workers
Nedbank Zimbabwe Limited has retrenched 23 workers, including 10 managers, citing a shift in its strategic focus.The workers affected by the compulsory retrenchment exercise, which took effect...Published: 11 Aug 2022 at 06:42hrs | 885 | by Staff reporter
Ex Zanu-PF youth boss Lewis Matutu bounces back
FORMER Zanu-PF deputy youth secretary, Lewis Matutu, who was stopped in his daring anti-corruption fight against President Emmerson Mnangagwa's benefactor Kudakwashe Tagwirei, has resurfaced, this tim...Published: 08 Aug 2022 at 05:51hrs | 4501 | by Staff reporter
Four nabbed for creating fake IDs
The Zimbabwe Anti-Corruption Commission (ZACC) has arrested four suspects for creating fake IDs used for stealing pensioners money.The four suspects have allegedly swindled more than ZWL$15 00...Published: 26 Jul 2022 at 12:23hrs | 3559 | by Desmond Nleya and Shelton Muchena
Bogus Zacc officials arrested
TWO Kuwadzana men, who masqueraded as Zimbabwe Anti-Corruption Commission (Zacc) officials, were yesterday arraigned before Harare magistrate Stanford Mambanje facing 10 counts of extortion.Th...Published: 29 Jun 2022 at 07:45hrs | 243 | by Staff reporter
CBZ launches local remittance service
Zimbabwe's largest financial group, CBZ Holdings has launched a local remittance service that enables clients to safely send and receive money in the country.The service caters not only for ex...Published: 29 Jun 2022 at 07:45hrs | 234 | by Staff reporter
Mapping for urban title deeds underway
Mapping of seven urban suburbs in the title formalisation process is now complete and while that process continues with the next suburbs on the list, the first stand owners being processed are now acq...Published: 22 Jun 2022 at 06:40hrs | 168 | by Staff reporter
Rural home turned into tourist hub
MOTIVATED by the desire to change the face of his rural home in Makakavhule, Beitbridge District, Matabeleland South, Mr Prison Ndou (46), has transformed his home into an outstanding and cost-effecti...Published: 20 Jun 2022 at 06:40hrs | 612 | by Staff reporter
CBZ, ZB hint on potential merger
GIANT financial institutions, CBZ and ZB Holdings Limited have notified their shareholders of separate potential acquisitions that could have an impact on securities prices.In a cautionary sta...Published: 20 Jun 2022 at 06:40hrs | 621 | by Staff reporter
Zimbabwe banks letting down farmers
FORMER Agricultural and Rural Development Authority (Arda) board chairperson Basil Nyabadza says Zimbabwe's agricultural financing needs an overhaul because banks and other financial institutions were...Published: 11 Jun 2022 at 10:01hrs | 614 | by Staff reporter
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