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How Obert Mpofu acquired his wealth
A myth has been brewing across Zimbabwe which claims that Obert Mpofu corruptly acquired wealth while he was Minister of Mines and now owns half of Victoria Falls and half of Bulawayo. These old wives...Published: 29 Jun 2019 at 10:54hrs | 15 | by Nicholas Ncube
Ethan Tsvangirai kicked out of school
The late MDC founding leader Morgan Tsvangirai's child has been chucked out of school for failing to pay school fees, the Daily News reported.As a result, the mother of the child - born out of...Published: 25 May 2018 at 11:27hrs | 1 | by Staff reporter
Fired NSSA bosses ordered to repay $1,5 million
FIVE National Social Security Authority executives sacked last year for gross mismanagement have to pay back more than $1,5 million they awarded themselves as loans and return their company vehicles. ...Published: 29 Feb 2016 at 06:21hrs | | by Felex Share
Central bank to liquidate Interfin
THE Reserve Bank of Zimbabwe (RBZ) yesterday announced that the curatorship period of Interfin Bank Limited expired yesterday, with the central bank saying it had applied to the High Court to have the...Published: 01 Jan 2015 at 06:57hrs | | by Staff Reporter
Mpofu cornered in court, divulges source of wealth
THE ongoing cross-examination of 'mega-rich' minister of Transport and Infrastructure Development Minister obert Mpofu in the US$2 billion fraud case involving former ZMDC chief executive Dominic Muba...Published: 06 Oct 2014 at 16:35hrs | | by Staff reporter
Obert Mpofu reveals sources of wealth
THE ongoing cross-examination of 'mega-rich' minister of Infrastructure and Development Minister obert Mpofu in the US$2 billion fraud case involving former ZMDC chief executive Dominic Mubaiwa and ...Published: 06 Oct 2014 at 17:14hrs | | by Staff reporter
Nssa squandered over US$100 million pensioners' money
The National Social Security Authority (Nssa) has squandered over US$100 million of pensioners' money in bad investments after buying shares in broke companies as well as purchasing properties at infl...Published: 23 Feb 2014 at 07:08hrs | | by Staff Reporter
Media reports on the fall of Interfin divert attention from systematic looting
Media reports on the fall of Interfin Bank can not go unchallenged as they seek to divert attention from the systematic looting spree at the Bank and try to apportion some blame elsewhere. According t...Published: 22 Jun 2012 at 10:34hrs | 1 | by Gilbert Muponda
Interfin not talking to Muponda
Interfin is not engaged in any negotiations for an out of court settlement with businessman Gilbert Muponda over disputed Century/CFX shares, MD Raymond Njanike said. This comes after Muponda...Published: 11 Sep 2011 at 07:03hrs | | by Nare Msupatsila
Muponda to attend Interfin AGM, fireworks expected
Gilbert Muponda is expected to attend the Interfin Financial Services (IFS) Ltd's annual general meeting slated for next Wednesday.This is now the most anticipated AGM as it is billed to be ex...Published: 26 Aug 2011 at 14:07hrs | | by Staff reporter
ENG Liquidator DID NOT have permission to sale Century or CFX Bank: Muponda
Mr. Gilbert Muponda the chairman of ENG Capital Group has denied the claims by both Interfin Banking Corporation officials and ENG Liquidator that Mr Saruchera had permission and author...Published: 18 Jun 2011 at 14:31hrs | | by Ndou Paul
Interpol clears Gilbert Muponda as he vows to fight for his assets
EXILED businessman and ENG Capital director Mr Gilbert Muponda has been cleared by the International Police Organisation and has been removed from the list of international fugitives.Muponda ...Published: 18 Jun 2011 at 08:59hrs | | by Moyo Roy
NSSA backs out of ReNaissance bail out deal
THE National Social Security Authority (NSSA) says its prospects of investing in ReNaissance Financial Holdings (RFHL) were all but dashed when the Reserve Bank of Zimbabwe decided to place the strugg...Published: 05 Jun 2011 at 10:30hrs | | by Ndamu Sandu I Edited by Moyo Roy
Muponda seeks to block the Liquidation of CFX Bank
One of Zimbabwe's exiled businessman Gilbert Muponda who was recently de-specified by the Government has started taking legal steps to reclaim some of the assets he lost during the time he was specifi...Published: 19 May 2011 at 04:59hrs | | by Matthews Estell
Mergers and Acquisitions expected to increase in Zimbabwe
MERGERS and acquisitions are expected to increase right through to next year as Zimbabwean companies seek to recapitalise and enhance operating capacity in an economy showing strong signs of recovery ...Published: 15 Apr 2011 at 04:20hrs | | by Bright Madera
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