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'Lawyers still looking at Nssa report'
Public Service, Labour and Social Welfare minister Sekai Nzenza has been in her post for just over a year. During her tenure she has had to deal with various issues, including the current drought, the...Published: 11 Oct 2019 at 08:13hrs | 352 | by Staff reporter
PPC boss steps down
Cement company PPC and its chief financial officer have "mutually agreed to separate", the company announced yesterday.PPC is listed on both the Johannesburg Stock Exchange and the Zimbabwe St...Published: 11 Oct 2019 at 07:30hrs | 377 | by Staff reporter
Impact of sanctions on Zimbabwe, region
Sanctions have led to the drying up of traditional sources of external finance from the International Financial Institutions (IFIs), with the country receiving no support from the African Development ...Published: 11 Oct 2019 at 07:26hrs | 96 | by Staff reporter
Zimbabwean executive quits SA company
Adcorp Holdings Ltd, the South Africa-based workforce management solutions group, announced that Innocent Dutiro has resigned as the CEO of Adcorp, effective 8 October 2019.The announcement fo...Published: 10 Oct 2019 at 19:47hrs | 8859 | by Staff reporter
Mnangagwa flies to France
President Emmerson Mnangagwa arrived in Lyon, France, early Thursday morning to attend the 6th replenishment conference, seeking to raise US$14 billion to fight HIV, tuberculosis and malaria.T...Published: 10 Oct 2019 at 17:48hrs | 787 | by Staff reporter
Mnangagwa flies to France
President Emmerson Mnangagwa arrived in Lyon, France, early Thursday morning to attend the 6th replenishment conference, seeking to raise US$14 billion to fight HIV, tuberculosis and malaria.T...Published: 10 Oct 2019 at 14:35hrs | 1189 | by Staff reporter
Nkosinathi Ncube's good job - OneMoney grows 97%
NETONE'S mobile money transfer service, OneMoney has grown by 97 percent in the three months ending September 30, 2019, driven by unique offerings including OnePay, a bulk payment facility, an officia...Published: 10 Oct 2019 at 07:57hrs | 1163 | by Staff reporter
Highlanders Hlabangana Lounge shut down
BARELY five months after the opening of Hlabangana Lounge in Bulawayo, the popular outdoor joint has reportedly been shut down by the Bulawayo City Council (BCC), allegedly due to licensing issues. ...Published: 10 Oct 2019 at 07:40hrs | 520 | by Staff reporter
Old Mutual, Peter Moyo saga rages
Old Mutual has argued in court papers that it is not in contempt of court for refusing to let its former CEO Peter Moyo return to work, as the increasing convoluted legal struggle between the insuranc...Published: 10 Oct 2019 at 07:39hrs | 192 | by Reuters
Old Mutual says blocking Peter Moyo from work wasn't contempt of court
Old Mutual says there are no grounds to find it was in contempt of court by blocking its chief executive officer from gaining access to his office.In court papers filed at the High Court in Jo...Published: 08 Oct 2019 at 22:48hrs | 1103 | by Bloomberg
Trevor Ncube shakes up AMH
President Emmerson Mnangagwa's adviser Trevor Ncube announced new editorial changes at his Alpha Media Holdings (AMH) on Tuesday, including a change of guard at the respected weekly, the Zimbabwe Inde...Published: 08 Oct 2019 at 19:12hrs | 1977 | by ZimLive
Vaya Tractor targets one million hectares
CASSAVA Smartech's Vaya Tractor plans to plough at least one million hectares of land for smallholder farmers in Zimbabwe this cropping season. The 'on-demand logistics' platform, develo...Published: 08 Oct 2019 at 07:37hrs | 345 | by Staff reporter
Peter Moyo splits Old Mutual
Mutual shareholders are split on whether the South African insurer should pony up and settle with Chief Executive Officer Peter Moyo or run the risk of a R250 million damages claim. All Weathe...Published: 08 Oct 2019 at 07:33hrs | 300 | by Staff reporter
Strive Masiyiwa says, 'Corruption has no colour'
IF corruption is to be defeated, better legislation and stronger accountability mechanisms need to be put in place.This is the word from businessman and philanthropist Strive Masiyiwa who gave...Published: 07 Oct 2019 at 22:30hrs | 4102 | by Staff reporter
Zimbabwean launches first ever African-made car
Mr.Tatenda Mungofa is on the verge of making history as him and his colleagues are about to launch the first ever African-made car the Mureza Prim8.The Mureza hub is situated in Kempton Park, ...Published: 07 Oct 2019 at 18:01hrs | 42834 | by Daniel Itai
Agribank workers seek US$-indexed salaries
AGRIBANK employees are demanding interbank rated salaries as they decry current earnings which have been eroded by ravaging inflation.Agitated workers at the banking institution have rejected ...Published: 07 Oct 2019 at 10:27hrs | 563 | by Staff reporter
Old Mutual's bitter feud with Peter Moyo splits shareholders
Old Mutual shareholders are split on whether the South African insurer should pony up and settle with Chief Executive Officer Peter Moyo or run the risk of a R250m damages claim.All Weather Ca...Published: 06 Oct 2019 at 21:19hrs | 645 | by Staff reporter
Bosso coach not on NetOne sponsorship
Highlanders CEO Nhlanhla Dube has revealed more on the consortium that is responsible for paying new coach Hendrik Pieter de Jongh's salary.de Jongh was appointed the new mentor last month, ta...Published: 06 Oct 2019 at 18:01hrs | 450 | by Staff reporter
Tsholotsho acting CEO arrested on graft charges
TSHOLOTSHO Rural District Council acting chief executive officer Nkululeko Sibanda has been arrested on allegations of fraud involving more than US$4,1 million.Sibanda is alleged to have preju...Published: 06 Oct 2019 at 17:03hrs | 383 | by Staff reporter
ZCDC targets 6,12m carats production in 2020
The state-controlled Zimbabwe Consolidated Diamond Company (ZCDC) says it expects to double its diamond production to 6,12 million carats next year up from the 3,1 million carats projected for 2019....Published: 06 Oct 2019 at 16:42hrs | 59 | by Staff reporter
NetOne back-to-basics strategy pays off
NETONE CEO Lazarus Muchenje believes the state-owned mobile phone operator is on the road to recovery because of a back-to-basics strategy.Muchenje (LM) told Alpha Media Holdings chairman Trev...Published: 06 Oct 2019 at 16:38hrs | 129 | by Staff reporter
Government misses privatisation deadlines
The government has failed to meet its targets to revive state- owned enterprises (SOEs) that were outlined under its much-touted economic blueprint amid concerns about policy inconsistencies.F...Published: 06 Oct 2019 at 16:33hrs | 57 | by Staff reporter
Dandemutande CEO donates stationery to Mawabeni Secondary
A BUSINESSMAN has donated stationery and goods worth more than $27 000 to Mawabeni Secondary School in Umzingwane district, Matabeleland South province. Speaking at the school's prize giving c...Published: 05 Oct 2019 at 06:52hrs | 3 | by Staff reporter
Zimbabweans - What The Heck Is Going On? (Part 1)
. . . In the winter, the surf off San Diego can get to be 8 to 10 feet high and it is exceedingly difficult to paddle the boat through the plunging surf, unless everyone digs in. Every paddle must be ...Published: 04 Oct 2019 at 21:32hrs | 125 | by Crosby T. Pamberi
UK firm begins cannabis farming in Zimbabwe
A United Kingdom (UK)-based medicinal cannabis firm, Eco Equity has begun work on its first state-of-the-art greenhouse here in preparation for the cultivation of cannabis (mbanje) for health purposes...Published: 04 Oct 2019 at 08:19hrs | 175 | by newzimbabwe
Dandemutande CEO declared Chartered Secretary of the Year
Dandemutande chief executive Never Ncube was declared Chartered Secretary of the Year at the Institute of Chartered Secretaries annual conference dinner in Victoria Falls last week. Agribank company s...Published: 03 Oct 2019 at 14:35hrs | 293 | by Agencies
Peter Moyo wants R250m in damages, says Old Mutual
Old Mutual has said fired CEO Peter Moyo issued the South African insurer with a summons seeking damages totaling R250m.The company will defend "any claim vigorously," Johannesburg-based Old M...Published: 02 Oct 2019 at 19:00hrs | 1065 | by Bloomberg
RBZ clamps down on illegal cash deals
THE Reserve Bank of Zimbabwe has banned with immediate effect all cash-in, cash-out and cash-back transactions, which were used by some dealers to extort cash from members of the public. Furth...Published: 01 Oct 2019 at 07:34hrs | | by Staff reporter
Coffee Lover 'Diego Tryno' Promises Epidemic
Award-winning Zimbabwean Musician Diego Tryno nicknamed 'Mr Coffee Please' who made quite a splash with his celebrated debut album Lazarus(Age vol1) late last year, is about to start an ep...Published: 30 Sep 2019 at 18:04hrs | 7007 | by Staff reporter
Ncube declared Chartered Secretary of the Year
Dandemutande chief executive Never Ncube was declared Chartered Secretary of the Year at the Institute of Chartered Secretaries Annual Conference Dinner in Victoria Falls today (Friday). Agribank comp...Published: 27 Sep 2019 at 21:26hrs | 1733 | by Staff reporter
Old Mutual Board not acting in the best interests of the company, says shareholder
An Old Mutual shareholder is urging the insurer to end its dispute with Chief Executive Officer Peter Moyo even if it means settling out of court.The wrangle can no longer be resolved through ...Published: 26 Sep 2019 at 17:37hrs | | by Staff reporter
Peter Moyo wants Trevor Manuel declared delinquent
Peter Moyo plans to apply to the South Gauteng High Court to have Old Mutual' s non-executive directors declared delinquent, he revealed to CNBC Africa. Thus pursuing Part B of his court application....Published: 26 Sep 2019 at 08:40hrs | | by Staff reporter
DBSA CEO calls for reforms in Zimbabwe
DEVELOPMENT Bank of Southern Africa (DBSA) chief executive officer Patrick Dlamini says government can do much better on reforms, amid a planned visit to Zimbabwe to discuss potential funding for the ...Published: 26 Sep 2019 at 08:15hrs | | by Staff reporter
Zimbabwe School of Mines boss fired
Zimbabwe School of Mines chief executive officer Dzingirai Tusai has been fired.The ZSM board, which sent Tusai on forced leave in May last year to pave way for investigations into corruption ...Published: 25 Sep 2019 at 21:05hrs | | by Staff reporter
Last call for Express Links' Sign Up, Transact&Win competition
Express Links Money Transfer has sounded out a final call for its customers as its Sign Up, Transact & Win competition nears its 30th September deadline, with the day of the draw announced by the ...Published: 24 Sep 2019 at 07:19hrs | | by Agencies
Man 'wearing a robe' wants Old Mutual to explain decision not to reinstate Peter Moyo
Old Mutual will have to explain why its decision not to reinstate CEO Peter Moyo is not in contempt of court.This was the ruling delivered on Monday morning at the Johannesburg High Court by J...Published: 23 Sep 2019 at 15:53hrs | 427 | by Staff reporter
Former Phats & Small singer Ben Ofoedu to host Zimbabwe Fashion Showcase
LONDON: Musician and TV presenter, Ben Ofoedu will host this year's fashion showcase in London alongside Tidi Kwidini, organisers have announced.The show, titled #ThisIsAfrica is scheduled for...Published: 23 Sep 2019 at 15:03hrs | | by Tidi Kwidini
Fresh scandal brews at NSSA
A fresh scandal is brewing at the National Social Security Authority (NSSA) after revelations that another former minister meddled in the compulsory pensions body's affairs resulting in heavy financia...Published: 22 Sep 2019 at 10:31hrs | | by Staff reporter
Zimbabwe diamond production plummets
Zimbabwe's diamond production dropped by a staggering 78,9% in July as prices for the gemstones also tumbled on the international market.The Zimbabwe Consolidated Diamond Company (ZCDC), the s...Published: 22 Sep 2019 at 10:30hrs | | by Staff reporter
Masiyiwa-Chamisa fired
ZINARA has fired its suspended chief executive officer Engineer Nancy Masiyiwa-Chamisa and finance director Mr Simon Taranhike for gross incompetence and abuse of office, our Harare Bureau can reveal....Published: 21 Sep 2019 at 07:56hrs | 1415 | by Staff reporter
Peter Moyo, Trevor Manuel fight: Old Mutual cracks
In an apparent blow to chairperson Trevor Manual, Old Mutual director Nombulelo Pinky Moholi has resigned with immediate effect.Moholi, who chaired the remuneration committee, said she resigne...Published: 20 Sep 2019 at 09:32hrs | 1590 | by Staff reporter
Zimbabwe to set up billion dollar oil, gas refinery
A US$1 billion oil and gas refinery is to be set up in Zimbabwe to complement Government's efforts in finding a long-term solution to high fuel prices, ballooning fuel bill and shortages....Published: 19 Sep 2019 at 18:40hrs | 3901 | by Staff reporter
Mnangagwa's advisors clash over EcoCash
One of President Emmerson Mnangagwa's advisors and National Business Council of Zimbabwe executive chair Keith Guzah has given EcoCash CEO Natalie Jabangwe a 48-hour ultimatum to bring to task the uns...Published: 19 Sep 2019 at 18:01hrs | 8044 | by Staff reporter
Trevor Manuel proves that he is a delinquent
Old Mutual chair Trevor Manuel, who proved that he is a delinquent, has apologised for his remark about a judge who delivered a ruling against the company in litigation involving its axed CEO Peter Mo...Published: 17 Sep 2019 at 22:08hrs | 2789 | by Staff reporter
BREAKING: ZBC CEO granted bail
Harare magistrate Vongai Muchuchuti-Guwuriro has granted bail to former ZBC Chief executive officer Patrick Mavhura and former director finance Benania Shumba who are jointly charged for fraud....Published: 17 Sep 2019 at 10:31hrs | 1675 | by Mandla Ndlovu
City women face sex abuse in Zupco buses
When Zimbabwe's government started running a bus system earlier this year with fares on average one-third lower than those of private bus companies, Thandekile Gama was excited.The 33-year-old...Published: 15 Sep 2019 at 08:03hrs | 7927 | by Thompson Reuters Foundation
Old Mutual abandons more legal action against Peter Moyo
In a major U-turn, Old Mutual has abandoned its immediate plans for more legal action against its on-again, off-again CEO Peter Moyo. In a lawyer's letter to Moyo's legal team, seen by Fin24, ...Published: 13 Sep 2019 at 07:59hrs | | by Staff reporter
Mnangagwa's advisor gets top RBZ post
Member' of President Emmerson Mnangagwa's Presidential Advisory Council and United Refineries CEO Busisa Moyo has landed himself a top post as one of the board members of the Reserve Bank ...Published: 11 Sep 2019 at 16:58hrs | | by Mandla Ndlovu
Zera re-opens search for CEO
THE Zimbabwe Energy Regulatory Authority (Zera) has re-opened its search for a substantive chief executive officer, six months after it first advertised the job. The new CEO will replace forme...Published: 11 Sep 2019 at 07:06hrs | 248 | by Staff reporter
12 dead in xenophobic attacks
12 people have so far been killed since the start of the xenophobic attacks a couple of weeks ago. At this particular juncture it's not yet clear whether the 12 are foreigners or South African nationa...Published: 10 Sep 2019 at 07:55hrs | 1482 | by Daniel Itai in Johannesburg South Africa
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