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London declining as financial center
The number of companies listed on the London Stock Exchange (LSE) is decreasing at the quickest pace in more than ten years, Bloomberg has reported, citing data compiled by the outlet.In 2024,...Published: 06 Dec 2024 at 14:20hrs | 278 | by Staff reporter
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 | 321 | by Sgtaff reporter
Zimbabwe's MRP rallies behind Nigeria's Yoruba people's secession lobby
Zimbabwe's Mthwakazi Republic Party (MRP), which advocates for the secession of Matabeleland and the Midlands from Zimbabwe to restore a Mthwakazi State, has expressed its support for Nigeria's Yoruba...Published: 21 Oct 2024 at 22:33hrs | 461 | by Stephen Jakes
Teaching Ndebele in Zimbabwe schools will have helped Shonas
There are times when you think you are spitting someone, when in fact, you are destroying yourself.One such instance was when Robert Mugabe and his colleagues in ZANU (before it became ZANU-PF...Published: 20 Oct 2024 at 12:21hrs | 287 | by Hopewell Chin'ono
Innscor booted out of Profeeds
Innscor Africa Limited has been ordered to divest from Profeeds after the Supreme Court ruled that the merger of Profeeds and National Foods created a near monopoly in the stockfeed industry.S...Published: 10 Oct 2024 at 13:11hrs | 2523 | by Staff reporter
Big international bank leaving Ramaphosa's South Africa
HSBC has exited its operations in South Africa after concluding deals with FirstRand and Absa to take over its two main divisions in the country. The bank first opened a South African office i...Published: 29 Sep 2024 at 12:49hrs | 44617 | by Staff reporter
PAC reject 'sell-out' deal between ANC and DA
The Pan Africanist Congress of Azania (PAC) has accused its president and Minister of Land and Rural Development Mzwandile Nyhontso of undermining the national leadership.Speaking with 'The St...Published: 15 Aug 2024 at 08:16hrs | 418 | by Staff reporter
UK exploration company to acquire mine in Zimbabwe
Ariana Resources Plc, a UK-based precious metals exploration company, has agreed to acquire a 100% stake in Zimbabwe's Dokwe Mine. This acquisition complements Ariana's primary operations in T...Published: 08 Jun 2024 at 20:48hrs | 8 | by Staff reporter
Forvis Mazars' entry reflects Zimbabwe's economic potential
Forvis Mazars (FM), a global financial services network formed by the merger of Mazars and FORVIS, is set to launch operations in Zimbabwe, filling the gap left by Deloitte's exit. Mazars oper...Published: 06 Jun 2024 at 12:18hrs | 4 | by Staff reporter
Why Jacob Zuma is now winning court cases
On Tuesday, 9 April 2024, the electoral court set aside the IEC's decision to bar former president Jacob Zuma from running for a parliamentary seat. The IEC had disqualified Zuma due to his criminal r...Published: 10 Apr 2024 at 15:26hrs | 7 | by Siyabonga Hadebe
CBZ opens Johannesburg office
CBZ Bank Limited, a wholly-owned subsidiary of the diversified and listed financial services group CBZ Holdings (CBZH), has opened a new office in Sandton, Johannesburg, South Africa.CBZH prov...Published: 12 Feb 2024 at 13:53hrs | 13 | by Staff reporter
Mnangagwa tightens his grip on levers of Zimbabwe's Treasury
WITH his close business ally John Muyashavanhu now confirmed as the incoming Reserve Bank of Zimbabwe (RBZ) governor, George Guvamatanga as Finance permanent secretary — chief accounting officer of ...Published: 12 Dec 2023 at 17:58hrs | 2 | by Staff reporter
CBZ in major strategic shake up
Pursuant to the strategic vision of creating one of the country's largest financial services groups, renowned banker, strategist and businessman Mr Luxon Zembe, has been appointed acting chairman of C...Published: 06 Dec 2023 at 05:02hrs | 13 | by Staff reporter
'Zimbabwe is unlikely to have a Ndebele President,' says CCC Spokesperson
Promise Mkwananzi, the spokesperson of the opposition Citizens Coalition for Change (CCC), asserted that the focus on tribalism diminishes the likelihood of having a Ndebele President. He made these r...Published: 29 Oct 2023 at 15:03hrs | 1 | by Staff reporter
Telling my Access Finance story
FOLLOWING a recent public announcement by Access Finance Group, a local remittance and financial services company, that its chief executive Singathini Raymond Chigogwana is retiring and would be repla...Published: 05 Oct 2023 at 15:07hrs | 12 | by Senziwani Sikhosana
Coltart, Bulawayo council's very long to do list
For numerous years, residents of Bulawayo have endured a multitude of issues, ranging from water shortages and damaged roads to unfinished projects and the general deterioration of social services. Th...Published: 17 Sep 2023 at 08:01hrs | | by Staff reporter
CBZ close to ZB takeover
CBZ Holdings Limited (CBZHL) is on the verge of acquiring a controlling stake in ZB Financial Holdings Limited (ZBFHL) as part of its strategy to become a significant player in the financial services ...Published: 14 Sep 2023 at 06:34hrs | 12 | by Staff reporter
SA steel giant expands imports from Hwange
ARCELORMITTAL of South Africa, one of the world's largest steel producers which imports 70 percent of coke produced in Zimbabwe and manufactures steel used in vehicle manufacturing, construction, rail...Published: 09 Jun 2023 at 06:34hrs | 1 | by Staff reporter
Inside Elections: Stalemate in Manicaland? Perhaps not
This is the second in a series of (inside elections) articles examining the politics and voting patterns of 2023 general election expected swing/marginal National Assembly constituencies.To wi...Published: 28 May 2023 at 12:39hrs | | by Farai Chirimumimba
Mnangagwa's dark trail
CorruptionAs for the optics and visuals, you wouldn't say President Emmerson Mnangagwa - where corruption is concerned - has disappointed.During the hot days - months before the late R...Published: 07 May 2023 at 19:33hrs | 3 | by Tawanda Majoni
Meet Jito Kayumba: Africa's rising star
Africa has several talented and highly skilled young people who are energetic and poised towards rewriting the continent's narrative.Jito Kayumba is one of the continent's shooting stars who h...Published: 01 Apr 2023 at 13:18hrs | 26 | by Nicholas Ncube
Tsvangirai remembered five years on
February 14, 2023 marked five years since late Movement for Democratic Change (MDC) leader Morgan Tsvangirai succumbed to colon cancer.He was 65.Tsvangirai left the main opposition MDC...Published: 19 Feb 2023 at 17:36hrs | 12 | by Staff reporter
Fearless editor who first exposed the Gukurahundi killings
While there were a few local Zimbabwean journalists writing for periodicals and foreign correspondents like Peter Godwin for the Sunday Times (UK) and some filing for...Published: 04 Feb 2023 at 20:11hrs | 14 | by Stephen Bates
ArcelorMittal injects millions into Zimbabwe
ARCELORMITTAL, one of the world's largest steel producers which imports 70 percent of coke produced in Zimbabwe, is set to build coke oven batteries as part of the beneficiation and value addition pro...Published: 17 Nov 2022 at 05:02hrs | 12 | by Staff reporter
Investors to get Zimbabwean citizenship
Deserving investors will be granted citizenship as part of Government efforts to increase investment, Information, Publicity and Broadcasting Services Minister Monica Mutsvangwa has said.The S...Published: 04 Nov 2022 at 05:27hrs | | by Staff reporter
Push for new route to the sea
IN a short four years, President Mnangagwa and his team have ushered in and carried out breathtaking reforms in our national economic management. He is scoring successes in all the fundamental...Published: 01 Aug 2022 at 06:33hrs | | by Monica Mutsvangwa
Open letter to Mr Mnangagwa
I AM a politician, but I am not writing this letter to you in that capacity.I am writing to you as a young woman, as a citizen and as part of a generation to whom a debt is due. When we were y...Published: 23 Jul 2022 at 07:29hrs | | by Fadzayi Mahere
Innscor fined US$9m, ordered to divest from Probrands
THE Competition and Tariff Commission (CTC) imposed a fine of US$9,1 million on Innscor Africa Limited (Innscor) for consummating the merger of one of its subsidiaries without the Commission's approva...Published: 26 Jun 2022 at 12:26hrs | 13 | by Staff reporter
Rural home turned into tourist hub
MOTIVATED by the desire to change the face of his rural home in Makakavhule, Beitbridge District, Matabeleland South, Mr Prison Ndou (46), has transformed his home into an outstanding and cost-effecti...Published: 20 Jun 2022 at 06:40hrs | | by Staff reporter
CBZ, ZB hint on potential merger
GIANT financial institutions, CBZ and ZB Holdings Limited have notified their shareholders of separate potential acquisitions that could have an impact on securities prices.In a cautionary sta...Published: 20 Jun 2022 at 06:40hrs | | by Staff reporter
Meikles disposes of Cape Grace Hotel
ZIMBABWE Stock Exchange-listed diversified group Meikles Limited has disposed of its strategic foreign asset, Cape Grace Hotel in Cape Town, South Africa, for about US$20 million, the Zimbabwe Indepen...Published: 17 Jun 2022 at 08:55hrs | | by Staff reporter
Trouble ahead in Zimbabwe
Conditions for the people of Zimbabwe continue to go from bad to worse. Triple digit inflation shows no signs of slowing.Over half of the country lives in poverty.Its corrupt governmen...Published: 05 Jun 2022 at 09:12hrs | | by Michelle Gavin
Zimbabwe police recognised for excellence
Zimbabwe's police officers seconded to the Egyptian Police Academy have distinguished themselves well over the past few years.Director of the Egyptian Peacekeeping Operations Training Centre, ...Published: 22 May 2022 at 08:27hrs | | by Staff reporter
African Mining Sector Set for Strong Growth in 2022
Johannesburg - 16 May 2022 - With mining companies currently enjoying high prices, exceptional production performance and robust supply chains, the mining team from Stanbic Bank's parent company, Stan...Published: 16 May 2022 at 11:52hrs | 16 | by Mark Buncombe, Head of Mining and Metals at Standard Bank Group
Standard Chartered Zimbabwe names Mubayiwa as CEO
Standard Chartered Zimbabwe has named Mubaiwa Mubayiwa as CEO, replacing Ralph Watungwa, who leaves after 'misconduct' allegations. He was Head of Corporate Commercial and Inst...Published: 11 May 2022 at 11:59hrs | 20 | by Staff reporter
Mama's peanut butter maker injects US$1,5m, lifts award
LEADING agro-processor, Associated Foods of Zimbabwe (AFZ,) which scooped the Most Improved Manufacturer for the Year 2021 gong at the Buy Zimbabwe 2021 awards held last week, will establish groundnut...Published: 15 Apr 2022 at 08:58hrs | 15 | by Staff reporter
Standard Chartered exits Zimbabwe
After 130 years in the country, Standard Chartered is leaving Zimbabwe. The group has announced it is exiting a number of operations around the world, including Zimbabwe, to cut costs.The bank...Published: 14 Apr 2022 at 20:21hrs | 8 | by Staff reporter
Trevor Ncube's dalliances with Mnangagwa run much deeper
This article on the mysterious and controversial relations between President Emmerson Mnangagwa and local publisher Trevor Ncube is a summary based on an extract from...Published: 08 Apr 2022 at 09:22hrs | 6 | by Jonathan Mbiriyamveka
Tagwirei eyes government fuel monopoly
Rapacious oligarch Kudakwashe Tagwirei would supply all government departments with fuel when he completes the capture of Petrotrade and Genesis, the two government-owned petroleum companies, ZimLive ...Published: 15 Mar 2022 at 15:54hrs | | by Staff reporter
'Mnangagwa's radical policy shift blew away US$500m potential revenue'
RADICAL policy shifts a year into President Emmerson Mnangagwa's administration have wiped a staggering US$500 million in potential investments out of Zimbabwe, new data predicting an escalation of he...Published: 16 Feb 2022 at 05:35hrs | 10 | by Staff reporter
Zimra delays Tanganda ZSE listing
TANGANDA Tea Limited's listing on the ZSE which was expected to take place on December 9 this year, has been pushed to a future date pending capital gains tax approval from the Zimbabwe Revenue Author...Published: 13 Dec 2021 at 07:04hrs | 8 | by Staff reporter
Munatsi, Dzanya wanted US$14m from BancABC
AT the time of his mysterious death, which relatives and friends believe was a cold blooded murder, Zimbabwe Investment and Development Agency boss Douglas Munatsi and his business partner Francis Dza...Published: 12 Dec 2021 at 20:18hrs | 7 | by Staff reporter
Munatsi: A smart distinguished banker
Zimbabwe is witnessing one of the largest outpourings of grief following the tragic loss of Douglas Tawanda Munatsi (‘DTM') on Monday November 29, 2021.It is definitely a tragedy of unspeaka...Published: 05 Dec 2021 at 06:17hrs | 10 | by Muchadeyi Ashton Masunda
Kasukuwere mourns Munatsi
Exiled Saviour Kasukuwere sent his condolence message to the Munatsi family following the untimely death of Chief Executive Officer of Zimbabwe Investment Development Agency, Douglas Munatsi who died ...Published: 29 Nov 2021 at 12:33hrs | 8 | by Simbarashe Sithole
BREAKING: Zimbabwe Top Banker burnt to death in his house
CEO of the Zimbabwe Investment and Development Agency, Douglas Munatsi, has died. He was burnt by a fire that gutted his flat located at the corner of Fifth Street and Josiah Tongogara Avenue on Monda...Published: 29 Nov 2021 at 08:29hrs | 8 | by Mandla Ndlovu
Campbell Musiwa: Chartered Accountant par excellence
Mr Campbell Musiwa holds a Bachelor of Accountancy Degree obtained from the University of Zimbabwe as well as a Masters in Business Leadership Degree from the University of South Africa.He qua...Published: 28 Nov 2021 at 07:44hrs | 9 | by Staff reporter
Marc Holtzman: His axis with Mnangagwa and CBZ Bank
ON Monday last week - 15 November - Zimbabwean President Emmerson Mnangagwa travelled with a delegation of senior government officials and top business executives to the Intra-African Trade Fair in Du...Published: 27 Nov 2021 at 16:54hrs | 8 | by Staff reporter
Khaya Moyo's journey over the years
Zanu-PF secretary for Information and Publicity Ambassador Simon Khaya Moyo, who died yesterday at the age of 76, was born in Plumtree, Matabeleland South on October 1 1945 to Mr Robert Khaya Ngulani ...Published: 15 Nov 2021 at 05:24hrs | 8 | by Staff reporter
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 | 9 | 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 | 7 | by Staff reporter
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