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Vumbunu brothers still in SA custody
The notorious Vumbunu brothers, Abraham and Elijah Temayi Vumbunu, are currently held in custody in South Africa following their arrest in connection with the massive US$4 million robbery at Ecobank t...Published: 13 Jul 2025 at 11:19hrs | 107 | by Staff reporter
'Vumbunu brothers have been a thorn in our side'
The dramatic arrest of the notorious Vumbunu brothers, Abraham and Elijah Temayi, in South Africa has reignited public interest in the sensational US$4 million Ecobank armed robbery that stunned Bulaw...Published: 08 Jul 2025 at 09:42hrs | 636 | by Staff reporter
Zimbabwe US$4 million heist suspects arrested in South Africa
The Zimbabwe Republic Police (ZRP) has confirmed the arrest of two key suspects in connection with the high-profile US$4 million Ecobank robbery that shocked the nation in October 2024.Abraham...Published: 06 Jul 2025 at 11:42hrs | 982 | by Staff reporter
Ecobank robbery case collapses
A high-profile case tied to the US$4 million Ecobank armed robbery has crumbled after police admitted they had no evidence linking a local security guard to the dramatic heist.Sibonginkosi Sib...Published: 05 Jul 2025 at 14:52hrs | 435 | by Staff reporter
Armed robbery charges dropped
After intense back-and-forth between the police and the National Prosecuting Authority (NPA), prosecutors have dropped armed robbery charges against two men previously linked to the sensational US$4 m...Published: 05 Jul 2025 at 04:02hrs | 793 | by Staff reporter
Security guard arrested in $4 million Ecobank cash heist probe
Police have made a breakthrough in Zimbabwe's largest-ever cash heist, arresting a suspect linked to the dramatic US$4 million robbery at an Ecobank branch in central Bulawayo last year.Bulawa...Published: 04 Jul 2025 at 14:32hrs | 862 | by Staff reporter
Police arrest suspects in Zimbabwe's biggest-ever cash heist
Police have made a significant breakthrough in the investigation into last year's US$4.4 million armed robbery at EcoBank in Bulawayo - the largest cash heist in Zimbabwean history.Bulawayo pr...Published: 04 Jul 2025 at 10:48hrs | 761 | by Staff reporter
Bail ruling set for Ecobank fraud suspects
Three men accused of defrauding Ecobank of US$73,000 through a company called Jerrypat Electricals (Pvt) Ltd are set to appear in court tomorrow for a bail ruling.The accused, Nigel Gwanzura, ...Published: 03 Jul 2025 at 09:25hrs | 631 | by Staff reporter
Scott Sakupwanya's company controversially paid US$4.2m for fuel
Zimbabweans reacted with anger and disbelief after it emerged that the Ministry of Finance authorised a US$4.2 million payment to Betterbrands Petroleum, a company owned by Zanu PF legislator Scott Sa...Published: 03 Jun 2025 at 12:00hrs | 851 | by Staff reporter
7 on the run in fraud cases
Seven individuals are currently on the run after being implicated in multiple fraud cases totaling more than US$80,000, including a forged payment for a Zimbabwe Broadcasting Corporation (ZBC) adverti...Published: 20 May 2025 at 10:01hrs | 372 | by Staff reporter
Zimbabwe banker, SA banks implicated in R2 billion electoral scandal
A top Zimbabwean banker is at the centre of the nearly R2 billion Zimbabwe Electoral Commission (ZEC) tender scandal involving a South African printing company paid R1.2 billion by the Harare governme...Published: 08 May 2025 at 09:58hrs | 2452 | by Roland Mpofu I iol
Fresh US$100m gold scandal rocks treasury as top Zanu-PF ally implicated
A major financial scandal has erupted at Zimbabwe's Finance Ministry, exposing what appears to be a fraudulent US$100 million payout to a shadowy company linked to a top Zanu-PF gold dealer, Pedzisayi...Published: 22 Apr 2025 at 08:29hrs | 6545 | by Staff reporter
George Guvamatanga gave company 'illegal' bank guarantee on $20 million loan
Treasury secretary George Guvamatanga has been accused of providing an "illegal and unconstitutional" bank guarantee for a US$20 million loan to a seed company linked to command agriculture corruption...Published: 17 Apr 2025 at 20:32hrs | 6602 | by Staff reporter
Banks smile all the way to the bank, while depositors bear cost of high fees
Shareholders in Zimbabwe's banking sector are enjoying robust returns on their investments, as banks continue to post strong profits and declare sizeable dividends. However, concerns are mounting amon...Published: 13 Apr 2025 at 09:46hrs | 637 | by Staff reporter
Zimbabwean banks face backlash over excessive charges
Zimbabwe's banking sector is celebrating strong financial results, with shareholders across financial institutions enjoying substantial dividend payouts following another profitable year. However, the...Published: 06 Apr 2025 at 11:26hrs | 380 | by Staff reporter
Bulawayo tops national crime rate
Bulawayo has been named the city with the highest crime rate in Zimbabwe, standing at 2,506.1 crimes per 100,000 people, nearly double the national average of 1,356.6 per 100,000.The latest st...Published: 09 Mar 2025 at 13:14hrs | 205 | by Staff reporter
Chivayo responds to reports of bank limit adjustments
Businessman Wicknell Chivayo has strongly dismissed reports that he requested Ecobank to adjust two bank accounts to a US$20 million monthly limit after securing lucrative government contracts worth U...Published: 29 Jan 2025 at 18:49hrs | 14617 | by Staff reporter
AK 47 rifles used in Bulawayo robbery
A gang of 10 heavily armed robbers stormed a business premise in Bulawayo's Western Commonage area, overpowering six security guards before stealing cash amounting to US$7,000 and R18,000.The ...Published: 09 Dec 2024 at 06:42hrs | 495 | by Staff reporter
Zimbabwe police say 'making headway' 2 months after Ecobank US$4m heist
The Zimbabwe Republic Police (ZRP) has intensified its efforts to apprehend the armed robbers behind the dramatic US$4 million heist at the Ecobank Parkade branch in Bulawayo two months ago.Th...Published: 04 Dec 2024 at 16:37hrs | 2073 | by Staff reporter
Ecobank reopens Parkade branch after $4 million heist
Ecobank Zimbabwe has reopened its Parkade branch in Bulawayo's Central Business District (CBD) after a two-month closure following a shocking armed robbery. The October 3 heist, described as Zimbabwe'...Published: 04 Dec 2024 at 06:40hrs | 161 | by Staff reporter
Police smash armed robbery syndicate in Bulawayo
In a significant breakthrough, Zimbabwean police have dismantled a seven-member armed robbery syndicate that had been terrorizing residents of Bulawayo. The arrests come amid heightened efforts to cur...Published: 02 Dec 2024 at 07:18hrs | 930 | by Staff reporter
Surge in US$ cash transactions triggers spike in armed robberies in Zimbabwe
Zimbabwe is experiencing an alarming rise in armed robberies, with the increasing use of US dollar cash transactions making businesses, banks, and individuals prime targets for criminals. Violent atta...Published: 27 Nov 2024 at 06:50hrs | 260 | by Staff reporter
Delma Lupepe faces eviction by Obert Mpofu
Once a flamboyant businessman in Bulawayo, Delma Lupepe is now embroiled in a legal battle after allegedly refusing to vacate a rented residential property in Burnside despite owing US$20,000 in unpai...Published: 24 Nov 2024 at 13:12hrs | 3098 | by Staff reporter
Bulawayo police warn of potential crime spike during festive season
As the festive season approaches, Bulawayo police have issued a warning of a potential spike in criminal activity, citing a concerning rise in armed robberies over the past month compared to the same ...Published: 23 Nov 2024 at 13:00hrs | 580 | by Staff reporter
Woman steals US$24 000 from employer
A 35-year-old woman from Barham Green, Bulawayo, appeared in court yesterday facing charges of stealing US$24,000 from a steel manufacturing company where she worked. The accused, Nothando Banana, all...Published: 23 Oct 2024 at 07:47hrs | 929 | by Staff reporter
Police probe armed robbery at Chief Marupi's homestead
The Gwanda District in Matabeleland South Province is in shock following a brazen armed robbery at the homestead of Chief Marupi, where thieves made off with an Isuzu double cab motor vehicle, R2,700 ...Published: 13 Oct 2024 at 12:28hrs | 474 | by Staff reporter
Bulawayo police record significant crime decline
Bulawayo police yesterday announced an eight percent decrease in crime across the province for the period between January and September, compared to the same timeframe last year. This decline comes de...Published: 10 Oct 2024 at 07:45hrs | 147 | by Staff reporter
Zimbabwe police question insiders over US$4m Ecobank heist
Armed robbers who stole US$4 million from an Ecobank branch in Bulawayo last Thursday are believed to have had inside information, according to the Zimbabwe Republic Police (ZRP), which has intensifie...Published: 08 Oct 2024 at 07:23hrs | 2032 | by Staff reporter
Bulawayo residents demand action over Ecobank heist
Bulawayo residents are voicing their concerns over safety in the city following a brazen daylight robbery at Ecobank last week, in which suspects allegedly made off with approximately US$4 million. Th...Published: 07 Oct 2024 at 08:02hrs | 1491 | by Staff reporter
Ecobank addresses armed robbery incident at Bulawayo branch
Ecobank Zimbabwe Limited has issued a statement regarding the armed robbery that took place at its Parkade Branch on October 3, 2024. The incident occurred during a cash repatriation by a security com...Published: 05 Oct 2024 at 13:09hrs | 2336 | by Staff reporter
Safeguard says not informed it would be moving US$4 million before heist
Security company Safeguard says it was not informed that it would be moving US$4 million by Ecobank before armed robbers seized the cash on a busy Bulawayo street on Thursday.Police said Frida...Published: 05 Oct 2024 at 12:07hrs | 1271 | by Staff reporter
Zimbabwe police overrated?
In what is being called the largest cash heist in Zimbabwe's history, seven armed robbers executed a lightning-fast robbery at Ecobank, located at the corner of Fife Street and 9th Avenue in Bulawayo....Published: 05 Oct 2024 at 11:33hrs | 414 | by Staff reporter
US$4.4 million Ecobank heist shocks Zimbabwe
In what is believed to be the largest bank heist in Zimbabwean history, seven armed robbers made off with a staggering US$4.4 million in cash from Ecobank's Bulawayo branch at the Parkade Centre on Th...Published: 05 Oct 2024 at 11:30hrs | 2154 | by Staff reporter
Licence plate of getaway vehicle in Bulawayo $4 million heist
In a brazen armed robbery on Thursday, six masked gunmen stole US$4 million from Safeguard Security guards outside Ecobank in Bulawayo. The suspects, armed with pistols, made their getaway in a white ...Published: 04 Oct 2024 at 08:28hrs | 3159 | by Staff reporter
Armed robbers strike EcoBank branch in daylight heist
In a daring daylight robbery, six masked men armed with pistols stormed the EcoBank branch at the Parkade Centre, located at the corner of 9th Avenue and Fife Street in Bulawayo, making off with sever...Published: 03 Oct 2024 at 16:07hrs | 4069 | by Staff reporter
Marconati gets two-year jail term in Zimbabwe
Marondera businessman Francesco Marconati has been sentenced to two years in prison after being found guilty of fraudulently removing his business partner from the directorship of Eagle Italian Shoes....Published: 18 Sep 2024 at 18:20hrs | 769 | by Staff reporter
Entertainment Trends in 2024: A Transformative Year
The entertainment landscape in 2024 has undergone significant innovation and transformation. As technology advances and audience preferences shift, several key trends are defining the present and futu...Published: 25 Jul 2024 at 11:48hrs | 153 | by Staff Reporter
EXCLUSIVE: Victim of Mafia Boss Francesco Marconati speaks on how he lost his beer plant and got deported
In the shadowy world of mafia dealings, a sinister evil chess game orchestrated by the self-styled Italian Mafia boss,Marconati, (pictured) has been exposed.Today, we delve into the Francesco ...Published: 08 Mar 2024 at 17:27hrs | 9 | by George Tshuma
Swiss company loses US$270K court challenge
SWITZERLAND-REGISTERED energy firm, Addax Energy SA, has lost a High Court bid to force a local company to settle an outstanding fuel debt of US$269 735,88 in foreign currency.Addax Energy cit...Published: 07 Mar 2024 at 05:10hrs | 26 | by Staff reporter
Zimbabwe records jump in investment proposals
Zimbabwe saw a massive growth in the value of proposed investments in the fourth quarter of 2023 despite approving fewer new investor licenses, according to the Zimbabwe Investment and Development Age...Published: 16 Feb 2024 at 04:56hrs | 1 | by Staff reporter
Bulawayo holds 3rd Sneakers Expo
Over the weekend, Bulawayo sneaker enthusiasts gathered for their third Sneakers Expo, a showcase of various types of footwear that fall under the category of sneakers. The event took place at Mystiqu...Published: 25 Oct 2023 at 06:48hrs | 6 | by Staff reporter
Reserve Bank of Zimbabwe bails out 3 banks
THE Reserve Bank of Zimbabwe (RBZ) has used its lender of last resort (LoLR) facility to bail out three distressed banks which had run out of liquidity following the steep depreciation of the local cu...Published: 16 Aug 2023 at 06:49hrs | 17 | by Staff reporter
Masiyiwa receives Afreximbank award
STRIVE Masiyiwa, the founder and chairperson of the Econet Group and Cassava Technologies, has expressed his appreciation at the recognition he received at the Afreximbank's Pan-African Business and D...Published: 25 Jun 2023 at 18:21hrs | 20 | by Staff reporter
Zimbabwe urges unity among lithium miners
GOVERNMENT has called on lithium players to work together to establish value-addition plants for lithium concentrates.Currently there are around eight different lithium exploration and mining ...Published: 20 Jun 2023 at 06:53hrs | 7 | by Staff reporter
Women in agriculture capacitated
Over 200 women in agriculture were invited to meet with various stakeholders in Mashonaland East province for a capacity building in Agribusiness in Marondera today.The workshop unpacked oppor...Published: 18 May 2023 at 16:12hrs | 33 | by Simbarashe Sithole in Marondera
Businessman demands US$4 million from former partner
TOP banker and marketing specialist, Mr Douglas Mamvura, is demanding payment of US$4 million from his former business partner Mr George Manyere, over a deal involving the sale of shares of an investm...Published: 11 Apr 2023 at 14:30hrs | 46 | by Staff Reporter
Zimbabwe to woo capital markets investors in London
ZIMBABWEAN government officials and corporate leaders are gearing for a major capital markets conference in London, United Kingdom, during the last week of next month to mobilise private capital to fi...Published: 08 Mar 2023 at 05:27hrs | | by Staff reporter
Kazembe Kazembe drawn into forex scandal
Home Affairs minister Kazembe Kazembe and police commissioner General Godwin Matanga have been dragged to court for refusing to arrest a Chinese national who used to supply leather products to the arm...Published: 05 Mar 2023 at 06:23hrs | 3 | by Staff reporter
Businessman cleared of duping forex dealers US$765 000
INDIAN businessman Munir Kamruddin Kazi was yesterday cleared of charges of duping eight people of US$765 000 in botched foreign currency exchange deals during 2019, with the court discharging him at ...Published: 15 Feb 2023 at 05:00hrs | 12 | by Staff reporter
Zimbabwe can be a financial hub
MAURITIUS Finance chief operating officer Vinod K. Bussawah, who is also chairperson of Harare-based financial advisory firm Bard Santner Markets Inc, says Zimbabwe can become a regional financial hub...Published: 23 Oct 2022 at 17:21hrs | | by Staff reporter
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