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Police probe NSSA boss over RTG extortion plot
NSSA chairman, Emmanuel Fundira was on Wednesday questioned by the police in connection with an extortion case involving former Rainbow Tourism Group (RTG) senior employee Paula January.The de...Published: 8 hrs ago | 403 | by Nathan Guma
NSSA chair implicated in extortion case
National Social Security Authority (NSSA) chairman Emmanuel Fundira was questioned by police on Wednesday in connection with an extortion case involving former Rainbow Tourism Group (RTG) senior emplo...Published: 17 Mar 2025 at 09:37hrs | 418 | by Staff reporter
Ex-Harare Mayor avoided Town House meals over poisoning fears
Former Harare Mayor Ben Manyenyeni deliberately avoided eating at Town House during his tenure, fearing possible poisoning after leading a campaign to slash excessive salaries and perks earned by city...Published: 09 Mar 2025 at 13:10hrs | 97 | by Staff reporter
Supreme Court dismisses Tendai Biti appeal in US$1 million case
The Supreme Court has dismissed lawyer and former Finance Minister Tendai Biti's appeal against a High Court ruling that denied his application for condonation in a US$1 million defamation case filed ...Published: 06 Mar 2025 at 14:18hrs | 184 | by Staff reporter
Tagwirei linked wealth managers in OK shares buying spree
Akribos Wealth Managers, a prominent asset management firm with connections to local businessman Kuda Tagwirei, has made a major splash in the Zimbabwean stock market by purchasing a combined 16,338,2...Published: 03 Mar 2025 at 13:03hrs | 12304 | by Staff reporter
OK Zimbabwe's poor performing executives fired on the spot
Veteran business executive Mr. Willard Zireva has returned as the Chief Executive Officer (CEO) of OK Zimbabwe, one of the country's largest retail chains. Zireva, who previously led the company from ...Published: 26 Feb 2025 at 11:58hrs | 771 | by Staff reporter
Corporate Raiding Plot Unraveling: Nssa and RTG Directors Meet to Tackle Manipulation of Share Prices and Takeover Attempt
NATIONAL Social Security Authority (Nssa) and Rainbow Tourism Group (RTG) directors and management executives are set to meet today to deal with the plot to take over the tourism and hospitality giant...Published: 25 Feb 2025 at 13:16hrs | 265 | by NewsHawks
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 | 1649 | by Staff reporter
Zanu-PF faces growing dissent from within
Zanu-PF is facing growing internal turmoil as war veterans, once a loyal constituency, have turned against President Emmerson Mnangagwa's leadership. Under the leadership of respected war veteran Bles...Published: 23 Feb 2025 at 10:01hrs | 1246 | by Staff reporter
Why Transparency International’s flagship Corruption Index falls short
For nearly 20 years, Transparency International has published a Corruption Perceptions Index that ranks countries (176 last year) according to how corrupt they are perceived to be by a small group of ...Published: 22 Feb 2025 at 09:54hrs | 233 | by Alex Cobham
Zimbabwe police summon AMH CEO as journalist faces manhunt
Police have summoned Alpha Media Holdings (AMH) chief executive officer, Kenias Mafukidze, for questioning after plain-clothes officers visited his home on Friday morning. The visit comes amid a polic...Published: 21 Feb 2025 at 13:42hrs | 999 | by Staff reporter
NSSA chairman embroiled in underhand Rainbow Tourism Group takeover bid
NATIONAL Social Security Authority (Nssa) chairman Emmanuel Fundira, who is former chairman of African Sun Limited, and an ex-Rainbow Tourism Group (RTG) senior executive Paula January are accused of ...Published: 18 Feb 2025 at 20:01hrs | 1512 | by NewsHawks
Zimpapers appoints Elias Mambo as Acting Editorial Executive
Zimpapers, Zimbabwe's largest media company and a key player in the government's information system, has announced the appointment of Elias Mambo as the acting editorial executive in charge of the new...Published: 17 Feb 2025 at 08:54hrs | 154 | by Staff reporter
Zimbabwe raises savings rates, cuts POS charges
The Reserve Bank of Zimbabwe (RBZ) has introduced a series of bold monetary policy measures aimed at promoting the use of the Zimbabwe Gold (ZiG) currency and enhancing economic stability. These measu...Published: 07 Feb 2025 at 06:35hrs | 392 | by Staff reporter
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 | 1117 | by Tendai Ruben Mbofana
Machakaire responds to Paradza as factions tear Zanu-PF
Daggers are drawn within Zimbabwe's ruling Zanu-PF party as a power struggle between top leaders of the influential Youth League threatens to deepen divisions.Youth Affairs Minister Tino Macha...Published: 11 Dec 2024 at 13:54hrs | 1479 | by Staff reporter
Trouble in paradise: Zanu-PF Youth League faces internal strife
Tensions have erupted within the ruling Zanu-PF party following allegations of an unconstitutional reshuffle of elected executives within the influential Youth League. Youth Affairs Minister Tino Mach...Published: 11 Dec 2024 at 06:42hrs | 997 | by Staff reporter
Zimbabwe juggles US$1bn TBs to avert crisis
President Emmerson Mnangagwa's government is restructuring repayment terms for Treasury Bonds (TBs) as it grapples with escalating debt obligations and the looming threat of default. With nearly US$74...Published: 06 Dec 2024 at 18:06hrs | 299 | by Staff reporter
Zimbabwe's Banking Sector and No Arrests Years Down the Line
United Merchant Bank (UMB) - Closed in 1998 due to insider loans and mismanagement.Universal Merchant Bank (UMB) - Closed in 2003 struggled with negative perceptions after UMB's collapse....Published: 05 Dec 2024 at 20:15hrs | 305 | by Engineer Jacob Kudzayi Mutisi
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 | 1409 | by Staff reporter
Zimbabwe's banking sector and no arrests years down the line
United Merchant Bank (UMB) - Closed in 1998 due to insider loans and mismanagement.Universal Merchant Bank (UMB) - Closed in 2003 struggled with negative perceptions after UMB's collapse....Published: 05 Dec 2024 at 09:07hrs | 612 | by Eng. Jacob Kudzayi Mutisi
Mnangagwa admits his government engulfed by corruption
President Emmerson Mnangagwa has acknowledged the pervasive corruption within his government, issuing a stern warning to officials at all levels of governance, including local authorities, as he commi...Published: 01 Dec 2024 at 12:20hrs | 836 | by Staff reporter
Mnangagwa cracks whip
President Emmerson Mnangagwa has issued a stern warning to local authorities involved in corrupt practices, pledging that no perpetrators will be spared as the Government intensifies its fight against...Published: 27 Nov 2024 at 06:43hrs | 445 | by Staff reporter
Zimbabwe charts ambitious return to global finance at debt conference
Zimbabwe's president hosted creditors and finance executives on Monday to discuss ambitious goals to clear debt arrears and restructure $12.7 billion in external debt, as the country aims to eventuall...Published: 26 Nov 2024 at 08:22hrs | 213 | 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 | 204 | 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 | 3688 | by Tendai Ruben Mbofana
Fired BancABC managers threaten to wash 'dirty linen' in public
A bitter and escalating dispute between dismissed BancABC managers and the bank's leadership is threatening to destabilize one of Zimbabwe's leading financial institutions. The conflict, which involve...Published: 10 Nov 2024 at 11:04hrs | 1517 | by Staff reporter
Kamambo acquitted of fraud charges
Former Zimbabwe Football Association (ZIFA) executives Felton Kamambo, Philemon Machana, Stanley Chapeta, Joseph Mamutse, and Brighton Malandule have been acquitted of fraud charges following a length...Published: 08 Nov 2024 at 07:12hrs | 374 | by Staff reporter
BancABC uses 'dirty tactics' to silence bosses?
BancABC is engulfed in controversy, facing accusations of fabricating charges against at least nine top managers as part of a strategy to evade paying retrenchment packages, NewZimbabwe.com has learne...Published: 04 Nov 2024 at 06:50hrs | 1362 | by Staff reporter
Ultimate Survivor: The nine lives of Wadyajena
JUST a few months ago, it looked almost certain that factional wars in Zanu PF had buried Justice Mayor Wadyajena. Yet, Mayor's detractors, especially in his turbulent Midlands Province, ...Published: 01 Nov 2024 at 20:02hrs | 927 | by Paul Ndou
African Sun to Sell Monomotapa Hotel
The Zimbabwe Stock Exchange-listed hospitality group, African Sun Limited, has announced plans to sell its flagship property, the Monomotapa Hotel Crowne Plaza in Harare. The move comes as part of a s...Published: 01 Nov 2024 at 06:27hrs | 386 | by Sgtaff reporter
Zanu-PF indaba reinforces party supremacy over Zimbabwe govt
At its recent Annual National People's Conference held in Bulawayo, ZANU-PF resolved to reinforce the principle of party supremacy over government functions, ensuring that party objectives directly in...Published: 29 Oct 2024 at 07:33hrs | 99 | by Staff reporter
ZiG inflation rate now pegged at 37.2%
Zimbabwe's inflation rate for the Zimbabwe Gold (ZWG) currency surged to 37.2% in October, according to the latest data from the Zimbabwe National Statistics Agency (Zimstat). This sharp increase, ref...Published: 26 Oct 2024 at 12:48hrs | 300 | by Staff reporter
Zimbabwe needs alternative to US$
Persistence Gwanyanya, a member of the Reserve Bank of Zimbabwe's (RBZ) Monetary Policy Committee, has underscored the urgent need for alternatives to the US dollar as a store of value, highlighting c...Published: 25 Oct 2024 at 14:40hrs | 566 | by Staff reporter
Dynamos, players standoff persists
Tensions are mounting at Dynamos Football Club as players staged a second day of protest yesterday, boycotting training over unpaid winning bonuses and sign-on fees. The unrest has thrown their Chibuk...Published: 25 Oct 2024 at 08:38hrs | 104 | by Staff reporgter
Huawei Zimbabwe partners local varsities
Global telecommunications giant Huawei Zimbabwe has joined forces with five local national universities in a groundbreaking initiative aimed at closing the skills gap in the information and communicat...Published: 17 Oct 2024 at 08:57hrs | 219 | by Staff reporter
Wadyajena has the last laugh
In a significant legal setback for the National Prosecuting Authority (NPA) and the Zimbabwe Anti-Corruption Commission (ZACC), the Supreme Court has upheld a lower court ruling directing the release ...Published: 15 Oct 2024 at 08:39hrs | 1197 | by Staff reporter
JR Goddard roped in to construct Bopoma Glassblock Dam
The Zimbabwean government has endorsed the construction of the Bopoma Glassblock Dam in Matabeleland South province through a public-private partnership (PPP), aimed at bolstering bulk water supplies ...Published: 02 Oct 2024 at 07:49hrs | 2324 | by Staff reporter
War veterans reject Mnangagwa's third term
In a significant political development, war veterans have publicly declared their opposition to President Emmerson Mnangagwa's push for a third term as part of the ED2030 campaign, signaling widening ...Published: 26 Sep 2024 at 13:41hrs | 2781 | by Staff reporter
Zimbabwe's first indigenous pilot training academy opens
Central Air Transport Services (CATS), a private charter company operating from Charles Prince Airport in Harare and Victoria Falls International Airport, has made history by opening Zimbabwe's first ...Published: 26 Sep 2024 at 09:45hrs | 146 | by Staff reporter
200 benefit from OMZ Women's Roundtable
Nearly 200 prominent female executives, entrepreneurs, and representatives from diverse sectors joined the transformative financial inclusion gathering de...Published: 17 Sep 2024 at 21:45hrs | 130 | by Paul Ndou
Broadcasting Authority of Zimbabwe ban ads on prophets
The Broadcasting Authority of Zimbabwe (BAZ) has issued a new directive banning the broadcast of advertisements for prophets, traditional healers, and traditional herbs or medicines that lack verifica...Published: 13 Sep 2024 at 08:06hrs | 1920 | by Staff reporter
HCC executives denied bail
The High Court has denied bail to three City of Harare executives accused of criminal abuse of office for allegedly awarding a tender to refurbish street lights to Juluka Enndo Joint Venture improperl...Published: 11 Sep 2024 at 08:51hrs | 110 | by Staff reporter
8 Harare councillors in trouble over abuse of office
The trial of eight Harare councillors accused of corruptly allocating 24 industrial stands to themselves resumed on Thursday, with the State presenting testimony from the council's acting town clerk, ...Published: 07 Sep 2024 at 15:41hrs | 545 | by Staff reporter
Ralph Mupita addresses letter to staff to allay their concerns
MTN group CEO Ralph Mupita has moved swiftly to allay employees' concerns following allegations from multiple sources against his leadership, favouritism and under-performance of the group.He ...Published: 04 Sep 2024 at 13:34hrs | 551 | by Staff reporter
NetOne takes Anti-Drug campaign to Tsholotsho
Mobile network operator NetOne this weekend took their Anti-Drug campaign to Tsholotsho. The campaign coupled with the generous donation of sports kits, brought together a community in a unified effor...Published: 03 Sep 2024 at 21:06hrs | 182 | by Simbarashe Sithole
Revolt at MTN over CEO's 'female favourite'
An ugly battle is brewing at MTN over the direction Africa's biggest mobile network operator is taking under group CEO Ralph Mupita, with executives threatening to quit en masse over his leadership st...Published: 01 Sep 2024 at 11:58hrs | 4652 | by Staff reporter
Pick n Pay faces probe over alleged racism, forex looting
An investigation has been launched by the National Employment Council (NEC) for the Commercial Sectors in Zimbabwe into allegations of racism, foreign currency looting, and unfair labour practices at ...Published: 20 Aug 2024 at 16:16hrs | 1183 | by Staff reporter
TM Pick n Pay Zimbabwe boss in racism storm, pay scandal
TM Pick n Pay Zimbabwe's Managing Director, Malcolm Mycroft, faces allegations of racism, externalisation of funds, and unfair salary practices, negatively affecting local employees. Reports indicate ...Published: 31 Jul 2024 at 12:59hrs | 2701 | by Staff reporter
Dynamos forced to pay Gwekwerere US$27,000
Dynamos FC faced a significant hurdle in their return to CAF inter-club competitions due to a US$27,000 debt owed to former striker Evans Gwekwerere. Gwekwerere claimed this amount was due from variou...Published: 24 Jul 2024 at 11:10hrs | 681 | by Staff reporter
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