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Debunking mischief about Tagwirei, Sakunda
There has been a sustained casting of aspersions over the success of businessman Mr Kudakwashe Tagwirei, whom I will simply call Kuda, from anti-Zimbabwe media and activists both locally and outside t...Published: 10 Jul 2024 at 16:49hrs | 16 | by Rutendo Bereza Matinyarare
The Zimbabwe currency crisis as seen from abroad!
AS we go to press, US financial news media has become aware of the Zimbabwe financial crisis.Bloomberg news agency and the Financial Times have reported authoritatively on the events surroundi...Published: 07 Apr 2024 at 10:25hrs | 4 | by Kenneth Mafuka
'Mutapa Investment Fund mustn't become conduit for looting'
AS prevalence of public sector corruption reaches alarming levels, the International Monetary Fund (IMF) has demanded that Zimbabwean authorities ensure the newly-established Mutapa Investment Fund (M...Published: 11 Mar 2024 at 09:09hrs | 9 | by Staff reporter
Mnangagwa ruined Zanu-PF business empire
THE predictable appointment of FBC Holdings chief executive John Mushayavanhu as the incoming Reserve Bank of Zimbabwe (RBZ) governor has completed President Emmerson Mnangagwa's critical post-electio...Published: 12 Dec 2023 at 18:00hrs | 5 | by Staff reporter
ZACC officials recover US$29m assets offshore
THE Zimbabwe Anti-Corruption Commission (Zacc) has recovered externalised assets by corrupt citizens worth US$29 million, a new report submitted to Parliament has revealed.Experts say the sout...Published: 27 Nov 2023 at 17:32hrs | 9 | by Staff reporter
Plot to shield a fugitive backfires
A ZIMBABWE Anti-Corruption Commission (Zacc) investigator appeared at the Harare Magistrates Court on Saturday charged with criminal abuse of office after allegedly shielding a fugitive with three war...Published: 13 Mar 2023 at 07:16hrs | 2 | by Staff reporter
Sanctions choking Zimbabwe: Myth or reality?
"African politics is dogged by crises of legitimacy, monetised politics and corruption, personalised leadership, and lastly the sit-tight syndrome" notes the African Exponent. During an electoral seas...Published: 14 Jan 2023 at 16:33hrs | | by Zvikomborero Sibanda
Mnangagwa's second Republic full of promises but no action
ALL the good things the nation wants is what President Emmerson Mnangagwa says and promises: Growing economy; zero tolerance to corruption; openness for business; a listening President; involvement of...Published: 24 Oct 2022 at 06:14hrs | | by Concerned
Zacc fails to recover stolen US$7 billion
PRESIDENT Emmerson Mnangagwa's anti-corruption fight has been exposed as nothing but hot air following revelations that less than US$2 million out of identified US$7 billion ill-gotten wealth stashed ...Published: 28 Aug 2022 at 08:18hrs | | by Staff reporter
Zacc probes 22 cases of unexplained wealth
THE Zimbabwe Anti-Corruption Commission (ZACC) is investigating 22 cases of unexplained wealth involving externalisation of more than US$22 million. In a statement, ZACC said it was closely wo...Published: 15 Jun 2022 at 07:30hrs | 1 | by Staff reporter
US$20m externalised in Zimbabwe diamond sales
MORE than US$20 million was illegally moved out of the country's borders in murky deals involving blacklisted diamond dealer Jamal Ahmed in an opaque sale of one million carats of diamonds from the Mi...Published: 03 Jun 2022 at 19:14hrs | | by Staff reporter
Top medical firm in labour, tax evasion storm
ONE of Zimbabwe's oldest and major private medical services provider, Baines Imaging Group is embroiled in a nasty fight with serving and former employees, who are accusing the institution of external...Published: 18 May 2022 at 06:21hrs | 7 | by Staff reporter
No return to horrors of 2008, says Mnangagwa
PRESIDENT Mnangagwa has warned economic saboteurs involved in illicit financial dealings to stop forthwith as they were reversing the wins gained so far in trying to grow the economy.President...Published: 01 May 2022 at 11:13hrs | | by Staff reporter
Debunking mischief about Tagwirei, Sakunda
There has been a sustained casting of aspersions over the success of businessman Mr Kudakwashe Tagwirei, whom I will simply call Kuda, from anti-Zimbabwe media and activists both locally and outside t...Published: 25 Mar 2022 at 05:54hrs | 1 | by Rutendo Bereza Matinyarare
Zimbabwe loses US$30m to smuggled washing powder
Zimbabwe is losing approximately US$30 million a year through the smuggling of Maq washing powder, a report by the Detergents Manufacturers Association (DMA) claims.About US$12 million is fore...Published: 20 Oct 2021 at 07:36hrs | | by Staff reporter
Illicit dealings cost Zimbabwe $2bn annually
Zimbabwe Anti-Corruption Commission (Zacc) chairperson Justice Loice Matanda-Moyo has said the country is losing about $2 billion annually through illicit dealings with the private sector being the ma...Published: 15 Oct 2021 at 06:16hrs | | by Staff reporter
Medical exam for Chiwenga'sestranged wife
MARRY Mubaiwa, who is appearing in court on allegations of attempting to kill Vice President Constantino Chiwenga while he was in hospital in South Africa, is today expected to undergo a medical exami...Published: 01 Oct 2021 at 07:51hrs | | by Staff reporter
Zimbabwe loses US$1,3bn in forex leaks
ABOUT US$1,3 billion is being siphoned out of the country every year and the proceeds are benefitting countries that ironically accuse Government of corruption.This was revealed by the Zimbabw...Published: 19 Sep 2021 at 08:10hrs | | by Staff reporter
Government plots massive crackdown on businesses
PRESIDENT Emmerson Mnangagwa's government says it will viciously crackdown on businesses that may take advantage of the turmoil in neighbouring South Africa to "sabotage the economy" by hiking p...Published: 27 Jul 2021 at 07:07hrs | | by Staff reporter
ZACC guns for US$7bn assets illicitly siphoned out of the country
An estimated US$7 billion worth of assets were illicitly siphoned out of the country through corruption and money laundering and the Zimbabwe Anti-Corruption Commission (ZACC) is now ratcheting up mea...Published: 25 Jul 2021 at 08:00hrs | | by Staff reporter
Zimra executives in US$585m tax evasion corruption scam
CORRUPTION skeletons involving a series of multi-billion-dollar tax evasion scandals are tumbling out of the Zimbabwe Revenue Authority (Zimra) cupboard amid a new corruption scam involving Chinese di...Published: 20 Jul 2021 at 11:17hrs | | by Staff reporter
Sanctions: The unfair comparison between Zimbabwe and Rhodesia
MANY Zimbabweans often bring up the comparison between Rhodesian and Zimbabwean sanctions to drive the narrative that Rhodesia had more stringent sanctions that they managed better than Zimbabwe is ma...Published: 11 Jun 2021 at 06:35hrs | | by Rutendo Bereza Matinyarare
Business has learned nothing and forgot nothing
SO there was this prominent businessman-cum-pastor who was obsessed with religiously lampooning politicians as occultic during his daily sermons.Preaching from his moral high horse, the raboni...Published: 06 Jun 2021 at 09:50hrs | | by Bishop Lazarus
PG guns for forex looters
MORE than 1 800 individuals and corporates who were linked to externalising nearly US$1 billion by contravening exchange control regulations will soon be hauled before the courts.Prosecutor-Ge...Published: 23 May 2021 at 07:23hrs | | by Staff reporter
Grace Mugabe's huge daily cash withdrawals exposed
FORMER first lady Grace Mugabe allegedly made multiple United States dollar cash withdrawals amounting to US$300 000 per day in 2019 from her CBZ Bank account at a time ordinary Zimbabweans were allow...Published: 23 Apr 2021 at 07:31hrs | | by Staff reporter
Zacc, Interpol join to sniff out criminals
THE Zimbabwe Anti-Corruption Commission (Zacc) has joined forces with the International Criminal Police Organisation (Interpol) and South Africa's Directorate for Priority Crime Investigation (DPCI) -...Published: 12 Mar 2021 at 06:47hrs | | by Staff reporter
Ex-top banker speaks on daring escape
NMBZ Holdings founder James Mushore has spoken of how he evaded arrest and fled to exile over a decade ago after being accused of externalising foreign currency.Mushore (JM) told Alpha Holding...Published: 07 Mar 2021 at 08:12hrs | 5 | by Staff reporter
ZACC goes after US$13m external assets
THE Zimbabwe Anti-Corruption Commission (Zacc) has started the process to track down, seize and repatriate movable and immovable assets worth more than US$13 million acquired by Zimbabweans in five fo...Published: 22 Feb 2021 at 21:33hrs | | by Staff reporter
Are we heading for disaster? - An Open conversation
This article is an open conversation that touches the many issues that have brought our country to where it is today. It is not an article of opposition but a call to introspection. It is a call for u...Published: 10 Feb 2021 at 12:19hrs | 13 | by Liverson Mdongo wa Habe
Army-linked Anjin grabs richest diamond claim
AN army-linked miner, Anjin Investments (Pvt) Ltd, grabbed the most lucrative diamond claim in Marange from a firm owned by the government after being relicensed under unclear circumstances, it has em...Published: 15 Jan 2021 at 07:47hrs | | by Kenneth Matimaire
RBZ swoops on foreign entities
THE Reserve Bank of Zimbabwe (RBZ) has launched an investigation into the conduct of at least 15 foreign-owned companies, which have allegedly externalised millions of United States dollars, according...Published: 27 Nov 2020 at 07:07hrs | | by Staff reporter
Chinamasa warns opposition
ZANU-PF says political parties that are shunning President Emmerson Mnangagwa's dialogue overtures and preferring violent confrontations will be dealt with by the law.This comes as MDC Allianc...Published: 21 Nov 2020 at 22:17hrs | | by Staff reporter
The political economy of corruption
As a cancer inherent in varying degrees of intensity across the globe, corruption is an integral part of the political economy of world capitalism.So, the capitals of the western world lie at ...Published: 25 Oct 2020 at 08:24hrs | 1 | by Ibbo Mandaza
Mnangagwa's weird fight against corruption
THERE are some weird winds winds sweeping corruption in high places blowing across Zimbabwe since November 2017. No one can tell which direction the tornado will blow, but a pattern is emerging some p...Published: 10 Oct 2020 at 07:25hrs | | by Paidamoyo Muzulu
Prioritise locals over Chinese contractors for the benefit of Zim economy
Kenyan law professor Patrick Lumumba gets animated when he talks about China's rising influence on the African continent where governments get blinded by their fraternal ties with the Communist Party ...Published: 30 Sep 2020 at 10:51hrs | 7 | by Anthony Matutu
Open letter over illegal immigrant Indians in Zimbabwe
The borehole drilling industry is a lucrative industry that has the capacity to transform Zimbabwe's agricultural sector.It is unfortunate that illegal Indians are running this industry and ta...Published: 25 Sep 2020 at 16:44hrs | 1 | by John Mbizvo
Mupfumira probe 'complete in 3 months'
Prosecutor Mr Michael Reza yesterday told the court that the investigating officer in the case of former Environment, Tourism, and Hospitality Industry Minister Priscah Mupfumira needed at least three...Published: 24 Aug 2019 at 09:02hrs | | by Staff reporter
Mnangagwa: Reformist, corruption buster chimera
PRESIDENT Emmerson Mnangagwa's façade of a reformist and corruption buster is cracking, revealing the real man who wants power at all costs, celebrating with shady characters and has no scruples abou...Published: 21 Aug 2019 at 12:02hrs | | by Paidamoyo Muzulu
Fired Tourism Minister demands trial date
Fired Tourism Minister demands trial dateFIRED Environment, Tourism, and Hospitality Industry Minister Prisca Mupfumira yesterday challenged the State to furnish her with a trial date on three...Published: 10 Aug 2019 at 08:07hrs | | by Staff Reporter
Mupfumira hit with fraud, money laundering charges
ENVIRONMENT, Tourism and Hospitality Industry Minister Prisca Mupfumira will face two fresh charges after the Zimbabwe Anti-Corruption Commission (ZACC) reportedly established that she was involved in...Published: 06 Aug 2019 at 07:31hrs | | by Staff reporter
MDC to cooperate with Zacc if Tendai Biti is arrested
The MDC will cooperate with the Zimbabwe Anti-Corruption Commission (ZACC) in the event of a party official being arrested and investigated by the anti-graft body.This follows the recent appoi...Published: 01 Aug 2019 at 09:16hrs | | by newzimbabwe
The future of Zimbabwe's economic growth through proper collection of taxation and diaspora taxation
Zimbabwe is a country that is coming out of three decades of of economical abyss The Zimbabwean economic challenges are many and addressing them will not happen overnight. Security situation has...Published: 01 Jul 2019 at 18:50hrs | | by Dr Masimba Mavaza
Zimbabwe loses US$40m through policy cover externalisation
Zimbabwean insurers and reinsurers should strengthen their capital positions in real terms to reduce cover policy externalisation which has cost the country an estimated US$40 million in 2018 alone in...Published: 30 Jun 2019 at 09:07hrs | | by Staff reporter
4 'mysteries' of Zim'babwe's economic crisis
Zimbabwe continues to groan under the crushing weight of an economic disaster rapidly manifesting through hyper-inflation, capital flight and a crippling energy crisis, among other symptoms of economi...Published: 04 Jun 2019 at 07:12hrs | 1 | by Learnmore Zuze
'Biti destroyed Zimbabwe's ability to conduct its own monetary policy completely'
Finance and Economic Development Minister Professor Mtuli Ncube has said the monetary policy is a vital leg in Government's economic recovery efforts without which fiscal efforts alone are rather inad...Published: 31 May 2019 at 07:43hrs | | by Staff reporter
Mnangagwa's govt threatens to name, shame forex sharks
Government has threatened to name and shame alleged brains behind Zimbabwe's verdant parallel market which it says was fuelling the spike in the prices for basic goods and services.Information...Published: 30 May 2019 at 10:55hrs | | by Staff reporter
ZANU PF Youth leader calls for arrest of businessmen
56-year-old ZANU PF Youth leader Pupurai Togarepi has called for the arrest of business people accused of externalizing foreign currency.In 2017 President Emmerson Mnangagwa announced a list o...Published: 16 May 2019 at 12:32hrs | | by Mandla Ndlovu
Mnangagwa goes after dirty Zimbabwean tycoons
President Emmerson Mnangagwa's government has launched a fresh crackdown against all powerful people stand accused of amassing wealth irregularly.It is reported that a comprehensive list of ta...Published: 16 May 2019 at 07:35hrs | 5 | by Staff reporter
Of corruption and political will
THE latest Zinara graft scandal is the freshest in a series of corruption scandals which routinely grab the headlines for a short while before they fade into oblivion.The finer details of each...Published: 11 May 2019 at 14:58hrs | 6 | by Miriam Tose Majome
China dumps Mnangagwa
Munich/Harare - President Emmerson Mnangagwa's presidency is about to come to a crashing halt, amid reports that China has dropped him as their political point man in Zimbabwe, Spotlight Zimbabwe has ...Published: 03 May 2019 at 06:54hrs | 14 | by Itai Mushekwe/Mary-Kate Kahari
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