Search / Hoogstraten
Hwange Colliery pays off US$350m debt
ZIMBABWE'S oldest coal producer, Hwange Colliery has repaid over US$350 million to creditors in fast-paced deals executed by external administrators since slipping into reconstruction over a year ago,...Published: 15 Dec 2023 at 07:52hrs | 1 | by Staff reporter
Biti's US$1m lawsuit hearing moved to March 31
THE trial of Citizens Coalition for Change (CCC) MP Tendai Biti (Harare East) on a charge of defaming Augur Investments owner Ken Sharpe has been deferred to March 31 after the opposition official fil...Published: 06 Mar 2023 at 17:54hrs | 6 | by Staff reporter
Zimbabwe coal reserves sold for a song
LOKALIZE Investments, a company reportedly linked to businessman Billy Rautenbach, was allocated coal reserves by the government in the western areas of resource-rich Hwange through a transaction tant...Published: 18 Nov 2022 at 05:42hrs | 2 | by Staff reporter
'Ghost House of Sussex': £40m mansion and mausoleum unfinished since 1985; tycoon owner van Hoogstraten emigrated to Zimbabwe
Sitting in a muddy field, unloved and deteriorating by the day sits a forgotten but hugely impressive mansion that is one of the UK's greatest unfinished architectural projects. Bigger than Buckingham...Published: 12 Jun 2022 at 08:33hrs | | by Staff reporter
Mnangagwa's oligarchs: The heirs of Cecil Rhodes
As Zimbabwe's economy has spiralled down, with one million economic refugees in South Africa alone and ordinary people facing shortages of food, fuel, medicine and shelter, there is a class of people ...Published: 08 Feb 2022 at 18:29hrs | 1 | by Phillip van Niekerk and a Zim-based Research Team
Robert Gabriel Mugabe: The killer of our dreams
THIS week marks the second anniversary of the death of Robert Gabriel Mugabe, the first prime minister of an independent Zimbabwe, on April 18, 1980.While we acknowledge the fact that there ar...Published: 12 Sep 2021 at 08:59hrs | 8 | by Kenneth Mufuka
Tycoon files US$1m lawsuit against Biti
BUSINESS tycoon Ken Sharpe has filed a US$1 mllion defamation lawsuit against MDC Alliance vice-president Tendai Biti.This was after Biti early this year named Sharpe as one of the elite loote...Published: 06 Sep 2021 at 20:41hrs | 5 | by Staff reporter
20 richest investors on the Zimbabwe Stock Exchange
Investors on the Zimbabwe Stock Exchange have amassed staggering wealth since the start of the year owing to the strong pace of recovery in the country and renewed buying interest by local inv...Published: 29 Aug 2021 at 07:05hrs | 235 | by Mfonobong Nsehe
Zanu-PF's corrupt election funding exposed
THE ruling Zanu-PF mortgaged the country's natural resources in lieu of US$100 million in financial support ahead of the country's 2013 general elections, a new report by a local watchdog has shown....Published: 31 Jul 2021 at 17:54hrs | 17 | by Staff reporter
Rushwaya denies links to OR Tambo Airport gold smuggler
Zimbabwe Miners Federation president Henrietta Rushwaya on Monday denied links to smuggled gold worth R11 million which was seized by South African authorities at OR Tambo International Airport last S...Published: 10 May 2021 at 17:26hrs | 1 | by Staff reporter
State capture: Time to declare party financiers
SINCE time immemorial, the political class has been defined across the world by class, capital and raw power.In many instances, these groups of people have formed elite pacts to foster their h...Published: 13 Feb 2021 at 10:15hrs | | by Paidamoyo Muzulu
Two years on, the beast is revealed
LAST month marked President Emmerson Mnangagwa's inauguration as the second directly-elected leader of Zimbabwe since independence in 1980.Mnangagwa came riding on the wave of hope that no one...Published: 05 Oct 2020 at 06:49hrs | | by Staff reporter
Van Hoogstraten shakes CFI
Business tycoon Nicholas Van Hoogstraten through one of his investment vehicles, has moved to increase shareholding in Zimbabwe Stock Exchange (ZSE) suspended agro-industrial group CFI Holdings under ...Published: 31 Mar 2019 at 09:54hrs | | by Staff reporter
WATCH: Mliswa clash with ZANU PF chief whip
Norton member of parliament and Chairperson of the Parliamentary portfolio committee on mines and energy Temba Mliswa clashed with ZANU PF chief whip on Tuesday after ZANU PF accused him of interferin...Published: 10 Dec 2018 at 11:14hrs | | by Mandla Ndlovu
Mnangagwa in a fierce battle with Mliswa?
Norton Member of Parliament Temba Mliswa has claimed that a member of the presidium is in a spirited fight to question the source of his wealth and discredit him by tarnishing his name. In a f...Published: 07 Dec 2018 at 09:02hrs | 1 | by Mandla Ndlovu
Shumba blasts Zanu-PF MPs
FORMER chairperson of the Parliamentary Portfolio Committee on Mines and Energy, Daniel Shumba yesterday blasted Zanu-PF legislators who disrupted a parliamentary meeting where British businessman Nic...Published: 05 Dec 2018 at 05:53hrs | | by Staff reporter
Mliswa threatens to quit
Chairperson of the Mines and Energy parliamentary portfolio committee Temba Mliswa has threatened to resign after Zanu-PF MPs blocked the fielding of testimony by Hwange Colliery board member Nicholas...Published: 04 Dec 2018 at 13:27hrs | | by Staff reporter
Van Hoogstraten opens up on Hwange Colliery
BRITISH businessman Nicholas van Hoogstraten yesterday opened up to journalists on the demise of Hwange Colliery Company Limited, saying it was being run down by corruption and financial mismanagement...Published: 04 Dec 2018 at 06:41hrs | | by Staff reporter
Zanu-PF MPs disrupt Hwange colliery hearings
ZANU-PF legislators in the Mines and Energy Parliamentary Portfolio Committee yesterday disrupted oral evidence by British businessman and Hwange Colliery Company (HCCL) shareholder Nicholas Van Hoogs...Published: 04 Dec 2018 at 06:30hrs | | by Staff reporter
Van Hoogstraten opposes Hwange reconstruction
British businessman Nicholas van Hoogstraten, says he is going to challenge the reconstruction of Hwange Colliery Company Limited (HCCL). Van Hoogstraten holds a 31 percent shareholding in HCCL. ...Published: 04 Dec 2018 at 06:19hrs | | by Staff reporter
Mliswa climbs down on Hwange parliament hearing
The Chairperson of the Parliamentary Portfolio Committee on Mines and Mining Development, Temba Mliswa was left licking his wounds this Monday and had to apologise to committee members for trying to f...Published: 03 Dec 2018 at 17:49hrs | | by Staff reporter
Van Hoogstraten divides MPs
There was commotion in Parliament today when members of the portfolio committee on Mines and Mining Development disagreed among themselves on whether one of Hwange's shareholder, Mr Nicholas Van Hoogs...Published: 03 Dec 2018 at 17:47hrs | | by Staff reporter
WATCH: ZANU PF MPs disrupt Hwange colliery hearing
ZANU PF members of parliament on Monday disrupted a hearing of the Parliamentary Portfolio Committee for Mines and Energy after slumlord billionaire Nicholas Van Hoogstraten was about to give his evid...Published: 03 Dec 2018 at 11:16hrs | | by Mandla Ndlovu
Bloodbath at Hwange as Nicholas Van Hoogstraten jets in
The battle against the reconstruction of Hwange colliery has taken another twist as the second largest shareholder Nichola Van Hoogstraten has landed in the country and is set to appear before the Par...Published: 03 Dec 2018 at 07:08hrs | | by Mandla Ndlovu
Van Hoogstraten cleared of CFI insider trading
The Securities and Exchange Commission of Zimbabwe (SECZ) has cleared Nicholas van Hoogstraten's investment vehicle, Messina Investments (Private) Limited of insider trading involving shares in CFI ...Published: 09 Nov 2018 at 17:19hrs | 2 | by Staff reporter
Chitando, shareholders clash in Hwange Colliery scandal
MINES minister Winston Chitando unilaterally recommended Hwange Colliery Company Limited's placement under administration without the blessing of other shareholders. The move is widely seen by some of...Published: 09 Nov 2018 at 06:20hrs | 2 | by Staff reporter
Chiwenga calls Hwange Board to order
VICE-PRESIDENT Dr Constantino Chiwenga has called on the Hwange Colliery Company Board to heed calls by Government to step down, saying corruption investigations into suspended managers would be follo...Published: 08 Jul 2018 at 13:00hrs | | by Staff reporter
WikiLeaks: 25 most corrupt ministers and public figures in Zimbabwe
These individuals will never be prosecuted by the Mnangagwa government because he is involved with entirely all of them. Either they were in the deal together or they know too much of his own dirty de...Published: 03 Jun 2018 at 11:06hrs | 28 | by WikiLeaks
This is the wealth Robert Mugabe accumulated while Zim crumbled
We break down how much 'the poorest president in the world' is actually worth.Here is a look at some of the assets Zimbabwe President Robert Mugabe owns....Published: 19 Nov 2017 at 16:30hrs | 11 | by Staff Reporter
Mphoko kicked out of hotel
EMBATTLED Vice-President Phelekezela Mphoko has reportedly been ordered to temporarily vacate his presidential suite at Rainbow Towers Hotel to pave way for visiting Sierra Leonean President Ernest Ba...Published: 30 Jun 2016 at 09:12hrs | | by Staff reporter
Buyanga eyes Lafarge
FLAMBOYANT businessman, Frank Buyanga, is eyeing a 40 percent stake in cement manufacturer, Lafarge Cement Zimbabwe, a unit of Lafarge-Holcim, the world's largest building materials producer with oper...Published: 27 May 2016 at 08:47hrs | | by Staff reporter
Panama papers: Zimbabweans in exile demand a commission of inquiry
Zimbabweans in exile join in demanding a commission of inquiry into the involvement of Zimbabweans in offshore tax havens and believe it will open a can of maggots that have been sucking dry the carca...Published: 12 Apr 2016 at 12:22hrs | | by ZimVigil
A messy affair
CFI HOLDINGS, which was suspended from the Zimbabwe Stock Exchange on January 29, 2016, continues to flirt with controversy following revelations by its second-largest shareholder, Mr Nicholas van Hoo...Published: 07 Feb 2016 at 07:52hrs | 1 | by Enacy Mapakame
Zimbabwe govt demands refund for Hwange equipment purchased from India
GOVERNMENT is incensed by the downtime resulting from the frequent breakdowns of the new equipment at Hwange Colliery Company Limited and is now actively seeking either financial compensation or the r...Published: 24 Jan 2016 at 05:58hrs | | by Staff reporter
WATCH: British tycoon speaks about Robert Mugabe
A British tycoon, Nicholas van Hoogstraten, with significant investment interests in Zimbabwe has come out strongly in support of President Robert Mugabe.https://www.youtube.com/watch?v=G5...Published: 07 Sep 2015 at 15:00hrs | | by Staff reporter
Buyanga's accolades, allegations and alliances
"I don't know how many cars I have, of course I don't. How am I supposed to know? It's not like I wake up in the morning and start counting how many cars I have everywhere," Frank Buyanga revealed dur...Published: 21 Feb 2015 at 08:39hrs | | by Lifestyle Reporters
'Senile Mugabe not voice of Zimbabwe'
The Vigil has delivered a letter to the Ghanaian High Commission in London apologising for the insulting remarks about Ghana made by Mugabe at the Zanu-PF Congress. W...Published: 15 Dec 2014 at 11:22hrs | | by Zim Vigil
Notorious British criminal bankrolling Grace Mugabe - report
Secret documents show links between Robert Mugabe's wife and criminal He fled Britain after being branded 'emissary of the d...Published: 12 Dec 2014 at 20:18hrs | | by Andrew Malone for MailOnline
Hwange coal reserves diminish
HWANGE Colliery Company Limited (HCCL) wants to be allocated new concessions as its reserves are running out.In a May 7 letter to shareholders, HCCL board chairman Farai Mutamangira said coal ...Published: 18 May 2014 at 09:08hrs | | by Staff Reporter
Hwange Colliery struggling to pay workers
Hwange Colliery Company Limited (HCCL) has admitted that it is struggling to pay salaries to its workforce but apportioned the blame on prioritising limited cash on capital expenditure....Published: 01 Apr 2014 at 18:38hrs | | by Lesley Moyo
Hwange Colliery Company may accept US$50 million bailout package
Hwange Colliery Company Limited directors may accept shareholder Mr Nick van Hoogstraten's US$50 million bailout package provided the latter climbs down on his loan condition for management control, t...Published: 27 Dec 2013 at 05:09hrs | | by Business Reporter
Air Zimbabwe to float a $50m aero bond
Air Zimbabwe intends to raise $50 million through the issue of a local aero bond in order to fund its working capital and to pay of its crippling debt.Initially, Air Zimbabwe was scheduled to ...Published: 09 Dec 2013 at 01:39hrs | | by Business reporter
Francis Nhema defies indigenisation
THE Youth, Indigenisation and Economic Empowerment minister Francis Nhema on Wednesday dithered on the issue of the proposed $50 million bailout for Hwange Colliery Company offered by controversial Br...Published: 22 Nov 2013 at 03:11hrs | | by Staff reporter
Mugabe wants Queen Elizabeth to help on sanctions
President Mugabe wants the Queen to help get sanctions against his government lifted - and if she refuses, will strip British businesses of their assets in Zimbabwe.Mugabe's covert campa...Published: 30 Sep 2013 at 15:18hrs | | by Staff reporter
Leaked papers reveal Mugabe plan to rig polls
DAMNING top-secret intelligence documents that expose President Robert Mugabe's plans to rig the forthcoming election and crush his political rivals have been handed to The Mail on Sunday.Th...Published: 21 Jul 2013 at 18:39hrs | | by Dailymail.co.uk
ZSE will no longer be allowed to regulate itself
THE Zimbabwe Stock Exchange will no longer be allowed to regulate itself owing to past abuses and malpractices and insider trading by the players, Finance Minister Tendai Biti has said. The mi...Published: 16 May 2013 at 03:08hrs | | by Business reporter
Hwange Colliery suspends over 500 workers over salary dispute
Hwange Colliery Company is alleged to have suspended 525 workers following a salary dispute, among other issues.The employees are accusing management of unfairly dismissing five workers, threa...Published: 10 Apr 2013 at 22:38hrs | | by Staff Reporter
ZSE:- Industrials rebounds on gains in Econet
Industrials rebounded on Thursday largely on gains in telecoms counter Econet as most heavyweights traded unchanged in a session where only 3 counters managed losses.Daily market turnover impr...Published: 14 Feb 2013 at 10:16hrs | | by Business reporter
Auctioning Zimbabwe -The shady individuals and companies behind
Mugabe's brutal regimeAccording to sources close to them, Zanu PF and the Zimbabwe Defence Forces (ZDF) officials continue to manipulate indigeni...Published: 05 Dec 2011 at 07:27hrs | | by Mathula Lusina
Wikileaks fears shed $169 million from Econet value
ECONET Wireless Zimbabwe (EWZ), the country's biggest telecommunications company by subscribers, has shed more than $169 million in value since the beginning of the year, with $42 million lost in Se...Published: 11 Sep 2011 at 08:32hrs | | by Staff reporter
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