Search / Corporate governance
Mutapa to shake-up State firms
Mutapa Fund Plots Major Shake-Up of State-Owned Enterprises to Enforce Governance and ProfitabilityZimbabwe's sovereign wealth vehicle, the Mutapa Investment Fund, is preparing to roll out swe...Published: 13 Jul 2025 at 16:12hrs | 649 | by Staff reporter
Zimbabwe asset managers shift away from equities
The Securities and Exchange Commission of Zimbabwe (SecZim) has called on the Zimbabwe Stock Exchange (ZSE) to urgently work on recovering lost market share, amid revelations that local asset managers...Published: 11 Jul 2025 at 09:15hrs | 514 | by Staff reporter
Ousted NSSA boss tags Mnangagwa in letter blasting ministerial move
Emmanuel Fundira, the recently dismissed chairperson of the National Social Security Authority (Nssa), has mounted a bold legal challenge against his abrupt termination, casting a spotlight on governa...Published: 04 Jul 2025 at 12:29hrs | 455 | by Staff reporter
Fundira challenges dismissal as NSSA Board Chair
Ousted National Social Security Authority (NSSA) board chairperson Emmanuel Fundira has challenged his recent dismissal by the Minister of Public Service, Labour and Social Welfare, Edgar Moyo, descri...Published: 30 Jun 2025 at 21:16hrs | 879 | by Staff reporter
If civil servants must declare assets, then let's start with the president and his ministers
As the old saying goes, what's good for the goose must be good for the gander - yet in Zimbabwe, accountability seems reserved only for the powerless.The government's recent announcement of a ...Published: 20 Jun 2025 at 22:36hrs | 578 | by Tendai Ruben Mbofana
Fresh details on collapsed US$2,5bn CBZ bid emerge
An ambitious plan by CBZ Holdings to create Zimbabwe's largest financial services powerhouse has collapsed after the Competition and Tariff Commission (CTC) imposed a series of restrictive conditions ...Published: 20 Jun 2025 at 17:36hrs | 186 | by Staff reporter
Zimbabwe ministers, top officials loot broke parastatals
Senior government officials, including cabinet ministers, permanent secretaries, and directors, are siphoning millions of dollars from state-owned enterprises to finance extravagant lifestyles, in a g...Published: 20 Jun 2025 at 17:28hrs | 151 | by Staff reporter
Proposed law to compel civil servants to disclose assets
Zimbabwe's Cabinet has approved the Public Service Amendment Bill, a major legislative step aimed at modernising the civil service, increasing transparency, and aligning the current framework with the...Published: 19 Jun 2025 at 07:06hrs | 635 | by Staff reporter
Mnangagwa receives Harare City Council governance report
President Emmerson Mnangagwa on Monday afternoon received a comprehensive report on governance issues within the Harare City Council from a Commission of Inquiry led by retired judge Justice Maphios C...Published: 17 Jun 2025 at 17:26hrs | 1087 | by Staff reporter
Muswere appoints ZBC board
Information, Publicity and Broadcasting Services Minister Jenfan Muswere has officially appointed the Zimbabwe Broadcasting Corporation (ZBC) board, more than a year after several members began servin...Published: 16 Jun 2025 at 15:05hrs | 107 | by Staff reporter
Delta makes new board appointments
Zimbabwe's leading beverages manufacturer, Delta Corporation Limited, has strengthened its board with the appointment of two new non-executive directors - Mr Cherian Kurien and Professor Engineer Quin...Published: 06 Jun 2025 at 12:18hrs | 813 | by Staff reporter
Mnangagwa's son in-law leaves SRC
Six years after stepping into office with a bold mission to transform Zimbabwe's sporting landscape and reinforce corporate governance across national associations, Gerald Mlotshwa who is President Mn...Published: 06 Jun 2025 at 12:18hrs | 2693 | by Staff reporter
ZACC launches awareness campaign against illegal land dealings
The Zimbabwe Anti-Corruption Commission (ZACC) has launched a provincial awareness campaign targeting illegal land dealings in Mashonaland East Province, as part of its broader strategy to clamp down ...Published: 31 May 2025 at 13:41hrs | 54 | by Staff reporter
Zimbabwe vehicle insurance now tied to propaganda licence
Zimbabwe has officially ushered in a new era in media regulation with the gazetting of the Broadcasting Services Amendment Act (No. 2 of 2025), following President Emmerson Mnangagwa's assent. The law...Published: 26 May 2025 at 19:39hrs | 407 | by Staff reporter
Zimbabwe govt owes Zisco pensioners US$38 million
The Ministry of Finance, Economic Development and Investment Promotion is reportedly in arrears of US$38.7 million owed to former ZiscoSteel workers, according to a damning report by Parliament's Port...Published: 15 May 2025 at 09:17hrs | 206 | by Staff reporter
Battle over new NSSA boss intensifies
The fight to appoint a new general manager for Zimbabwe's US$1.2 billion National Social Security Authority (NSSA) has descended into a chaotic and politically charged standoff, marked by corruption a...Published: 14 May 2025 at 15:35hrs | 1309 | by Staff reporter
Zimbabwe govt sets minimum standards for councils
Zimbabwe's local authorities are now legally bound to provide residents with essential services that meet newly approved national minimum standards. This development follows Cabinet's adoption of the ...Published: 07 May 2025 at 15:51hrs | 365 | by Staff reporter
Mthuli Ncube taken to court
A court application filed by registered public accountant Last Matema, challenging the constitution of the Public Accountants and Auditors Board (PAAB), has been dismissed by the High Court, with the ...Published: 28 Apr 2025 at 12:46hrs | 14474 | by Staff reporter
Mnangagwa calls on accountants to safeguard national resources
President Emmerson Mnangagwa has called on local accountants to serve as trustworthy gatekeepers of national resources in a bid to curb fraud and corruption, which continue to drain the country's fina...Published: 12 Apr 2025 at 13:08hrs | 61 | by Staff reporter
Corruption now a national threat
Mnangagwa's administration is notoriously corrupt. Recently he wired $50 to police officers, thus greasing them during the mass shutdown organised by a former combat, Blessed Geza, that was code-named...Published: 12 Apr 2025 at 09:29hrs | 136 | by Leonard Koni
Unpacking the Great Legal Controversy: Zimura vs Nacz and the Zimbabwe Musicians Association (Part 1)
The recent public disagreement between the Zimbabwe Music Rights Association (ZIMURA) and the National Arts Council of Zimbabwe (NACZ), (established under Chapter 25:07), along with the involvement of...Published: 05 Apr 2025 at 18:17hrs | 574 | by Sindiso Shepherd Mazibisa
Zinara boss scoops top gong
The Zimbabwe National Roads Authority's (Zinara) chief executive officer, Nkosinathi Ncube, has been honored as the 2025 Best Performer among revenue authority CEOs. The prestigious award, presented o...Published: 24 Mar 2025 at 21:33hrs | 1654 | by Staff reporter
Mzembi's UK engagements explained
Former Zimbabwean Tourism Minister Dr. Walter Mzembi has been engaging with stakeholders in Europe and the United Kingdom as part of his role with the African Forum for Cultural Diplomacy (AFFCD), a p...Published: 24 Mar 2025 at 13:36hrs | 3065 | by Staff reporter
Leadership changes sweep through Zim's corporate landscape
A wave of leadership changes has swept through several listed companies in recent weeks, marking a significant shift in the corporate landscape. Notable companies such as OK Zimbabwe, Econet Wireless,...Published: 11 Mar 2025 at 11:30hrs | 652 | by Tonderai Ndoro
POSB scandal exposes Mnangagwa?
Documents supporting President Emmerson Mnangagwa's controversial handling of the planned sale of the state-owned People's Own Savings Bank (POSB) have sparked grave concerns regarding transparency an...Published: 11 Mar 2025 at 08:11hrs | 3528 | by Staff reporter
AMH Chief Executive compromised?
Kenias Mafukidze, the chief executive of Trevor Ncube's privately-owned media house Alpha Media Holdings (AMH), is facing intense scrutiny after being caught in a glaring conflict of interest. Mafukid...Published: 07 Mar 2025 at 07:32hrs | 515 | by Staff reporter
Crisis meeting over RTG alleged takeover plot
Directors and senior executives from the National Social Security Authority (NSSA) and Rainbow Tourism Group (RTG) are set to meet today in an urgent bid to address a suspected plot to manipulate the ...Published: 24 Feb 2025 at 09:25hrs | 1668 | by Staff reporter
FIFA delegation to conduct induction for new ZIFA Board
A FIFA delegation is set to arrive in Zimbabwe tomorrow to conduct an induction programme for the newly elected Zimbabwe Football Association (ZIFA) executive committee. This initiative is aimed at he...Published: 08 Feb 2025 at 12:33hrs | 92 | by Staff reporter
Bard Santner growing in leaps and bounds
Fast-growing asset management firm Bard Santner Investors (Private) Limited has been appointed as the new fund manager for three unit trusts: Tetrad Gold Fund, Gross Income Fund, and Net Income Fund, ...Published: 06 Feb 2025 at 14:39hrs | 147 | by Staff reporter
Legal battle over Gono linked company continues in Harare court
A Harare couple, Aisha and Clark Clever Makoni, is embroiled in a legal dispute over allegations of fraudulently altering the directorship of Valley Lodges, a company reportedly linked to former Reser...Published: 04 Feb 2025 at 16:47hrs | 129 | by Staff reporter
Zimbabwe's retail sector crisis worsens as shops continue closing
Zimbabwe's retail sector is facing an unprecedented crisis, with several major retailers and wholesalers forced to close branches amid a series of economic challenges. This Thursday, President Emmerso...Published: 01 Feb 2025 at 08:57hrs | 2054 | by Staff reporter
Shock management changes at Zimpapers Media Group
Zimbabwe Newspapers (1980) Limited (Zimpapers), the country's largest media conglomerate, has announced major senior management changes as it embarks on a sweeping digital transformation process. The ...Published: 18 Jan 2025 at 18:55hrs | 1831 | by Staff reportetr
Electricity availability in Zimbabwe is now worse than Rhodesia in the 1940s
The irony of Zimbabwe having worse electricity availability today than Rhodesia in the 1940s is a stark and painful reminder of how far we have regressed as a nation. For Zimbabweans who have ...Published: 06 Jan 2025 at 12:10hrs | 1140 | by Tendai Ruben Mbofana
Zupco settles outstanding salaries
The Zimbabwe United Passengers Company (Zupco) has made significant progress in addressing its financial obligations to employees, paying three salary instalments in December 2024 as part of efforts t...Published: 05 Jan 2025 at 14:38hrs | 1851 | by Staff reporter
Zupco to import spare parts for 100 grounded buses
Zimbabwe United Passengers Company (Zupco) CEO George Chigora has revealed plans to import spare parts for 100 grounded buses, as the public transporter seeks to revitalize its fleet and improve servi...Published: 21 Dec 2024 at 08:26hrs | 235 | by Staff reporter
Harnessing the Zimbabwe diaspora for economic, social development
ZIMBABWE'S diaspora, estimated to exceed five million people, constitutes about 30% of the country's population.This global community represents a powerful resource with the potential to trans...Published: 14 Dec 2024 at 21:08hrs | 374 | by Constantine Chikosi
Zanu-PF's Matutu in suspected US$150,000 fraud
Former Zanu-PF youth leader Lewis Matutu appeared before Harare Magistrate Isheanesu Matova on Tuesday, accused of stealing shares from a local mining company, Shusib Investments. Matutu was remanded ...Published: 11 Dec 2024 at 14:10hrs | 1782 | by Staff reporter
'Mutapa Fund will become Zimbabwe's economic bedrock'
Finance, Economic Development, and Investment Promotion Minister, Mthuli Ncube, has expressed strong confidence in the future of the Mutapa Investment Fund (MIF), highlighting its potential as a key d...Published: 09 Dec 2024 at 07:03hrs | 680 | by Staff reporter
Zimbabwe's errant bankers must be punished
Vocal Harare political activist and business advocate, Engineer Jacob Mutisi, has called for stringent accountability for bankers and financial institutions involved in the mismanagement and fraudulen...Published: 05 Dec 2024 at 09:19hrs | 1415 | by Staff reporter
'John Moxon tried to sell Victoria Falls Hotel stake without board approval'
Tensions at Meikles Limited have reached a boiling point, as a group of four directors has accused the company's non-executive chairman, John Moxon, of attempting to sell the group's 50% stake in the ...Published: 04 Dec 2024 at 09:21hrs | 1747 | by Staff reporter
John Moxon calls meeting to sack his Meikles board
John Moxon was in a hospital bed when Meikles directors met to sell off a key asset and fire the CEO - and he claims someone lied that his phone had been "compromised" to keep him in the dark about it...Published: 27 Nov 2024 at 08:47hrs | 2799 | by Staff reporter
John Moxon questions appointment of son as CEO
Meikles Limited's board chairperson and major shareholder, John Moxon, has accused his fellow directors of bypassing proper governance procedures in the appointment of his son, Matthew Moxon, as the c...Published: 27 Nov 2024 at 07:11hrs | 1321 | by Staff reporter
Zinara leadership shows the way
The Zimbabwe National Road Administration (Zinara) has received a clean audit for the year ended December 31, 2023, a historic achievement that has sparked a shift in perceptions about the institution...Published: 26 Nov 2024 at 08:11hrs | 191 | by Staff reporter
Zimbabwe to permit foreigner to hold 40% of media houses
The Government has gazetted the Broadcasting Services Amendment Bill, which seeks to modernise Zimbabwe's broadcasting laws by permitting foreign ownership of broadcasting licences of up to 40 percent...Published: 26 Nov 2024 at 08:06hrs | 108 | by Staff reporter
Nkosinathi Ncube steers Zinara to a historic 100% clean audit
The Nkosinathi Ncube led Zimbabwe National Road Administration (Zinara) has achieved its first-ever 100% clean audit from the Auditor General for the year ended December 31, 2023, marking a groundbrea...Published: 25 Nov 2024 at 19:36hrs | 3167 | by Staff reporter
75% Zimbabwe local content for broadcasters on cards
Public broadcasters in Zimbabwe could soon be required to air at least 75% local content across their channels, while licensed sports channels will need to dedicate half their airtime to local sports,...Published: 24 Nov 2024 at 10:00hrs | 87 | by Staff reporter
War vets company holds AGM amid squabbles
Zvimba East Veterans Investment Company (Zevic), a company wholly owned by veterans of the liberation struggle, is set to hold its Annual General Meeting (AGM) on December 20, 2024, despite ongoing sh...Published: 21 Nov 2024 at 06:30hrs | 208 | by Staff reporter
ZESA singlehandedly destroying Zimbabwe: The shocking truth behind the power crisis
In Zimbabwe, there is a harsh reality that every citizen faces: power outages, or "load shedding," are an almost daily occurrence. Power cuts, sometimes lasting up to 18 hours, have become the...Published: 12 Nov 2024 at 21:07hrs | 3692 | by Tendai Ruben Mbofana
Zinara gets thumbs-up
The Zimbabwe National Roads Administration (Zinara) has received parliamentary approval after effectively addressing concerns raised in the latest report by Auditor-General Rheah Kujinga regarding its...Published: 05 Nov 2024 at 08:23hrs | 222 | by Staff reporter
Tafadzwa Bandama appointed new Director-General of Zimstat
Local economist Tafadzwa Bandama has been appointed the new Director-General of the Zimbabwe National Statistics Agency (Zimstat), the country's primary statistics agency. This appointment follows the...Published: 18 Oct 2024 at 10:34hrs | 364 | by Staff reporter
Load More Stories