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FML bosses fleece policyholders
FIRST Mutual Life Assurance (FML) managers set up an employee mortgage scheme and an employee staff loan scheme without the knowledge of the board, resulting in policyholders being prejudiced of more ...Published: 21 Mar 2024 at 19:45hrs | 2 | by Staff reporter
Zimbabwe is ripe for investment - it just needs to be done the right way
The massive surge in diaspora remittances to Zimbabwe - up to $1.4 billion last year - makes for an interesting case study of an economy significantly different from others. Not many countries can loo...Published: 27 Jul 2022 at 13:01hrs | 1 | by Agencies
Bankers plan to establish a new financial behemoth
ON 3 September 2021, The NewsHawks exclusively published a story that government, bankers and investors, including local business tycoon Kudakwashe Tagwirei, are working on a plan to create the bigges...Published: 13 Nov 2021 at 17:45hrs | 8 | by Staff reporter
CBZ swoops on FML shares as new financial group emerges
CBZ Holdings, currently trading under cautionary, has secured a 31.22% stake in First Mutual Holdings Limited (FML), paving the way for the creation of a US$2.5 billion financial behemoth to rival Old...Published: 13 Nov 2021 at 17:38hrs | 6 | by Staff reporter
ZSE market cap hits $1 trillion mark
Zimbabwe Stock Exchange (ZSE) market value hits the $1 trillion mark for the first time since the market re-base over a decade ago as bulls charged on increased money supply.Zimbabwe's money s...Published: 30 Sep 2021 at 07:12hrs | 8 | by Staff reporter
NSSA to dispose of FML, Turnall stakes
The National Social Security Authority is set to dispose part of its shareholding in First Mutual Holdings Limited and to divest from Turnall Holdings as part of its investment refocus strategy which ...Published: 15 Jan 2021 at 10:18hrs | 1 | by Staff reporter
Zimbabwe sanctions solidarity march deferred to next week
THE highly-anticipated solidarity march that was scheduled for tomorrow, has been deferred to next week, due to President Mnangagwa's unavailability owing to other national duties.The Presiden...Published: 04 Sep 2019 at 12:36hrs | | by Staff reporter
FML taken to court over ex-worker's benefits
FIRST Mutual Life Assurance (FMLA) has approached the High Court with an application for review following a dismissal of its application which sought to challenge the criminal charges preferred agains...Published: 04 Sep 2019 at 08:36hrs | | by Staff reporter
Heavily armed police and Army jet besiege Bulawayo
Bulawayo residents on Saturday woke up to a free terrifying drama featuring members of the Zimbabwe Republic Police who conducted a road show all over the city telling people not to participate in the...Published: 17 Aug 2019 at 16:14hrs | | by Mandla Ndlovu
Muradzikwa quits Nicoz Diamond
Distinguished insurance executive, Grace Muradzikwa is stepping down from NicozDiamond, Zimbabwe's largest short-term insurer after 30 years with the company.Muradzikwa had been managing direc...Published: 21 Feb 2019 at 07:27hrs | | by Staff reporter
Strive Masiyiwa stole Econet share, his lawyer responds
Prominent businessman and formerly Strive Masiyiwa's lawyer Tawanda Nyambirai has issued a lengthy and heated response to the allegations that the Zimbabwean dollar billionaire should not have ended u...Published: 08 Jan 2019 at 23:11hrs | 1 | by Staff reporter
WATCH: Bulawayo mayor debate
Watch video below:...Published: 20 Sep 2018 at 06:42hrs | | by Staff Reporter
WATCH: Bulawayo residents unhappy with deputy Mayor Kambarami
Mayoral celebrations Mguni and Kambarami deputy...Published: 07 Sep 2018 at 19:20hrs | | by Staff Reporter
WATCH: Gandawa's family abducted
Dr Godfrey Gandawa former MP for Magunje and former Dep Minister of Higher and Tertiary Education has been running a Bhora Musango campaign in his constituency telling voters not to vote for Mnangagwa...Published: 26 Jul 2018 at 17:19hrs | | by Staff reporter
Timba 'wins' Tolrose dispute
The High Court has put to rest Tolrose mine's seven year shareholding dispute and battle involving businessman Patterson Timba and his erstwhile partner Jameson Rushwaya. In his recent ruling,...Published: 30 Jun 2017 at 07:25hrs | 7 | by Staff reporter
Why EcoCash will be banned in 2017
This week, I will be giving you an update on how Zimbabweans are responding to bond notes. In particular, my view that EcoCash in its current form will not exist by the end of 2017.1. A friend...Published: 08 Jan 2017 at 13:48hrs | | by Shariffah Pateya (Khuluma Afrika)
Regional financial experts against bond notes
LOCAL and regional financial experts who attended the financial markets indaba in Harare last week remain sceptical over the introduction of bond notes by the Reserve Bank of Zimbabwe (RBZ), which is ...Published: 07 Jul 2016 at 10:41hrs | | by Staff Reporter
Kids Radio on VisionsFm
Visions Fm Radio one of Zimbabwe's online radio Stations introduces Kids Radio. The show is live every Sunday from 5pm GMT. It is produced and presented by children aged between 10 and 16....Published: 21 Feb 2016 at 17:20hrs | 1 | by Steve Muzite
UK based radio station donates to Thekwane High
UNITED Kingdom based radio station, Visions FM Radio Limited (VFM), donated sporting equipment, medals and a cup to Thekwane High School in Bulilima District at the school's inter-house competition...Published: 13 Feb 2015 at 13:42hrs | | by Sukulwenkosi Dube
2000 workers to lose their jobs in Zimbabwe
Over 2000 workers are set to be laid off this month with more companies earmarked to retrench more workers in the coming months, The Zimbabwe Congress of Trade Unions (ZCTU) has revealed.ZCTU...Published: 12 Mar 2014 at 08:41hrs | | by Staff reporter
Econet Wireless under investigation
THE Insurance Pension Commission (IPEC) yesterday said telecommunications leader Econet Wireless was being investigated after it emerged that it was providing insurance services for farmers without a...Published: 18 Oct 2013 at 08:18hrs | 1 | by Staff Reporter
Life assurance fraud backfires as 'dead' wife is found
A Hurungwe man has been sentenced to four months in prison after he defrauded a life assurance company of a US$1 500 funeral grant by falsely claiming that his wif...Published: 19 Aug 2012 at 07:26hrs | 1 | by Staff reporter
Econet to divorce EcoLife
The Herald reports that Econet Wireless Zimbabwe is contemplating turning over its mobile phone-based life assurance product, EcoLife, to First Mutual Limited.That decision was taken after the...Published: 06 Oct 2011 at 04:55hrs | | by Staff reporter
Econet taken to court
TRUSTCO Mobile is taking Econet Wireless Zimbabwe to court to seek an interdict to compel the mobile company to reinstate the contract for the former partners' mobile-based insurance product, EcoLife....Published: 20 Jun 2011 at 05:07hrs | | by Moyo Roy
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