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British investor bid to seize 450 cattle flops
British investor Boustead Beef has lost its High Court bid to claim 420 head of cattle or the equivalent of US$193,660 from Triangle Limited as compensation for leasing properties belonging to the Col...Published: 22 Dec 2024 at 11:11hrs | 1201 | by Staff reporter
Kudenga, Masunda bid to grab Oliver Chidawu's estate flops
Attempts by chartered accountant Ngoni Kudenga and former Harare Mayor Muchadeyi Masunda to grab late former Harare Metropolitan Affairs and Devolution minister Oliver Chidawu's estate have been stopp...Published: 05 Oct 2024 at 12:09hrs | 651 | by Staff reporter
Masunda acquitted in indecent assault case
Former Harare Mayor Muchadeyi Masunda was acquitted yesterday by Harare magistrate Ayanda Ndlamini, who ruled that the State's case lacked evidence. The magistrate emphasized that proceeding further w...Published: 05 Oct 2024 at 11:34hrs | 299 | by Staff reporter
ZB directors mull liquidation and surrendering licence
With three months left before year-end, it is now crunch time for ZB Financial Holdings (ZBFH), which is currently under increased pressure to recapitalise its building society within the grace period...Published: 02 Oct 2022 at 08:58hrs | 14 | by Staff reporter
Chiwenga praises Boustead Beef
BOUSTEAD Beef, a firm that is currently undertaking the revival of the Cold Storage Company (CSC), has so far pumped in US$24 million into the business, which is a complete violation of the Livestock ...Published: 20 Aug 2022 at 17:05hrs | 3 | by Staff reporter
Brawl over CSC turns nasty
A nasty brawl between new investor in Cold Storage Company (CSC) and the judicial manager, which threatens to scupper current initiatives to revive the once-vibrant meat processor, has emerged, The Su...Published: 01 May 2022 at 11:05hrs | 4 | 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 | 13 | by Muchadeyi Ashton Masunda
Chiwenga warns illegal forex dealers
Vice President Constantino Chiwenga has warned businesses against operating in the parallel foreign exchange market as Government will take punitive action against them. The Vice President urg...Published: 30 Sep 2021 at 07:15hrs | | by Staff reporter
Chiwenga urges confidence in Zimdollar
Vice President Constantino Chiwenga has warned businesses against operating in the parallel foreign exchange market as Government will take punitive action against them.The Vice President urge...Published: 30 Sep 2021 at 07:11hrs | | by Staff reporter
Zanu-PF bigwigs' debts choke CSC
A Cold storage Company (CSC) debtors' list shows that Zanu-PF top officials renting the parastatal's farms owe hundreds of thousands of dollars to the ailing company, with revenue collections dropping...Published: 16 Apr 2021 at 08:03hrs | 3 | by Staff reporter
Top Zimbabwean auditors face probe
THE Institute of Chartered Accountants of Zimbabwe (ICAZ) has given in to pressure to investigate owners of audit firm BdO Zimbabwe over allegations of unprofessionalism.The investigation will...Published: 04 Apr 2021 at 09:47hrs | 12 | by Staff reporter
Ngoni Kudenga rejected by CSC creditors
CREDITORS of the defunct Cold Storage Company have voted Mr Vonani Majoko of Majoko and Majoko Legal Practitioners as the new interim corporate rescue practitioner for the country's meat processor and...Published: 02 Apr 2021 at 09:09hrs | 2 | by Staff reporter
Zanu-PF bigwigs in fresh trouble
THE Zimbabwe Anti-Corruption Commission (Zacc) has launched a fresh investigation into allegations that Zanu-PF bigwigs unjustly benefited from lengthy leases from the ailing Cold Storage Company (CSC...Published: 01 Apr 2021 at 07:27hrs | 2 | by Staff reporter
Ex-NSSA boss goes after top CAs
Former National Social Security Authority (NSSA) chairman Robin Vela wants the Institute of Chartered Accountants of Zimbabwe (ICAZ) to investigate two BDO Chartered Accountants Zimbabwe partners Ngon...Published: 05 Mar 2021 at 17:45hrs | 13 | by Staff reporter
Pensions scandal rocks CSC
Former managers and ex-board members of the Cold Storage Company (CSC) spirited away millions of dollars from the company's pension fund – magnifying the rot in State owned enterprises and parastata...Published: 12 Feb 2021 at 05:40hrs | 4 | by Staff reporter
Govt probes CSC investor
A PROBE into the operations of a firm that clinched the deal to revive the Cold Storage Company (CSC) two years ago kicked off in December, with Lands, Agriculture, Water and Rural Resettlement minist...Published: 29 Jan 2021 at 07:01hrs | 2 | by Staff reporter
CSC deal under scrutiny
THE Government says the corporate rescue proceedings being implemented on the Cold Storage Company (CSC), among other issues seeks to examine Boustead Beef operations and capacity to revive operations...Published: 27 Jan 2021 at 05:55hrs | 1 | by Staff reporter
Consortium secretly inspects CSC assets
FRESH details have emerged revealing how a consortium of local industrialists and companies - CSC (2016) - is angling to take over the defunct Cold Storage Company (CSC) through a US$225 million bid....Published: 22 Jan 2021 at 06:48hrs | 10 | by Staff reporter
Vela escalates BDO fight
FORMER National Social Security Authority (Nssa) chairperson Robin Vela has requested that the Institute of Chartered Accountants of Zimbabwe to probe BDO Zimbabwe head, Ngoni Kudenga and his counterp...Published: 18 Dec 2020 at 06:11hrs | 5 | by Staff reporter
Mnangagwa calls for innovation in agriculture
PRESIDENT Mnangagwa says players in the agriculture sector should employ modern technologies to enhance productivity, boost food security and nutrition. Innovative solutions, he said, should h...Published: 24 Aug 2019 at 09:00hrs | 1 | by Staff reporter
Mliswa slapped with $10m defamation lawsuit
Norton MP Temba Mliswa (independent) has been taken to the High Court by BDO Zimbabwe boss, Ngoni Kudenga, who is demanding $10 million compensation for alleged defamation.The lawsuit emanates...Published: 14 Jun 2019 at 08:07hrs | 1 | by Staff reporter
Accountant demands $10 million damages from Mliswa
THE fight between Independent Member of Parliament for Norton Temba Mliswa and BDO Zimbabwe boss, Ngoni Kudenga has spilled to the courts with the later claiming RTGS$10 million defamation damages fro...Published: 13 Jun 2019 at 20:02hrs | | by newzimbabwe.com
Mnangagwa to announce his new Cabinet this week
PRESIDENT Emmerson Mnangagwa is expected to announce his new Cabinet team this week, which analysts say will indicate how his administration is likely to perform - amid much speculation and jockeying ...Published: 26 Nov 2017 at 15:43hrs | 1 | by staff reporter
Zimbabwe summons Mwana Africa over indigenisation
Government will summon Mwana Africa’s management to Zimbabwe, amid concerns that the country’s indigenisation legislation has been violated during changes at the mining company.Changes in ...Published: 16 Jul 2015 at 21:27hrs | 1 | by Staff reporter
Kalaa Mpinga booted out of Mwana Africa
Pan-African, multi-commodity mining company Mwana Africa PLC Wednesday announced the departure of Kalaa Mpinga as Chief Executive Officer of the Company with immediate effect.Yat Hoi Ning, fo...Published: 10 Jun 2015 at 10:56hrs | 12 | by Staff reporter
Zimbabweans voted off Mwana Africa board
Mr Ngoni Kudenga and Mr Herbert Mashanyare were today voted off the Mwana Africa board at the company's extraordinary general meeting in the United Kingdom.The EGM, which had been requisitione...Published: 09 Jun 2015 at 18:09hrs | 2 | by Tawanda Musarurwa
Munatsi, Moyo and Dzanya to leave BancABC
ABC Holdings announced that Doug T. Munatsi, Group CEO, Beki Moyo, Group CFO, and Francis M. Dzanya, Group COO, will be stepping down from their roles at BancABC at the end of the year. This follows A...Published: 08 Dec 2014 at 09:25hrs | 2 | by BancABC
Vingirai wins back his shares & assets at Intermarket
Businessman Mr Nicholas Vingirai has regained assets and shares he lost following the takeover of Intermarket Financial Holdings by ZB Financial Holdings through the Reserve Bank of Zimbabwe....Published: 22 Jul 2013 at 04:26hrs | 3 | by Court reporter
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