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Chinhoyi's Varsity Heights bowls over Mnangagwa
President Emmerson Mnangagwa has reaffirmed the government's dedication to creating an inclusive learning environment that meets the diverse needs of students across Zimbabwe. His remarks came during ...Published: 07 Oct 2024 at 10:14hrs | 2739 | by Staff reporter
OyOs announces official release of the OyOs Online Stores and the OyOs Chatbot
OyOs hereby announces the official release of two top of the range IT related products onto the Zimbabwean digital space, OyOs Online Store and the OyOsBOt. OyOs standing for Own Your Online Store is ...Published: 08 Mar 2023 at 22:28hrs | 16 | by Agencies
Grace Muradzikwa's son trial postponed
THE trial of Insurance and Pensions Fund (Ipec) commissioner Grace Muradzikwa's son, Kundai, accused of stealing US$32 000 and jewellery worth US$152 000 from his tenant was yesterday postponed to Jun...Published: 08 Jun 2022 at 18:35hrs | 7 | by Staff reporter
Muradzikwa-Jemwa court battle intensifies
THE explosive court battle between prominent corporate executive Grace Muradzikwa and flamboyant businesswoman Luminitsa Kimberly Jemwa has been postponed to 5 May after a court hearing on Wednesday a...Published: 16 Apr 2022 at 08:31hrs | 21 | 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 | 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
Icaz CEO quits
INSTITUTE of Chartered Accountants of Zimbabwe (Icaz) chief executive officer (CEO), Gloria Zvaravanhu will leave her role at the end of this year, NewsDay Business reported.In a circular sent...Published: 03 Nov 2021 at 05:23hrs | 1 | by Staff reporter
Matanga's name dragged into US$152 000 theft case
POLICE commissioner-general Godwin Matanga's name has been dragged into an unlawful entry and theft case involving US$152 000 in cash and valuables, pitting prominent corporate executive Grace Muradzi...Published: 30 Oct 2021 at 15:05hrs | 9 | by Staff reporter
Antipas craves for Chibuku sip
CHICKEN Inn coach Joey Antipas wants to see his team improve its record in the Chibuku Super Cup, which has eluded the Bulawayo-based side for years.This year, the tournament took a different ...Published: 28 Sep 2021 at 06:15hrs | | by Staff reporter
Highlanders seek to maintain rich vein
HIGHLANDERS are hard at work as they seek to extend their unbeaten run in the Chibuku Super Cup.Bosso have not yet tasted defeat in the country's most rewarding club competition from the time ...Published: 26 Sep 2021 at 19:37hrs | 6 | 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
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
Victoria Falls mall ready to open
ZIMRE Property Investment (Zimre) has completed construction of its $13 million shopping mall in Victoria Falls with the facility set to be opened to the public by the end of this month, an official h...Published: 20 Mar 2019 at 07:31hrs | | by Staff reporter
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
Victoria Falls mall 65% complete
ZIMRE Property Investment (Zimre) has so far spent $9,2 million on its shopping mall in Victoria Falls which is now 65% complete.Providing above 5 000 square metres of lettable space, the $13 ...Published: 03 Dec 2018 at 07:45hrs | 3 | by Staff reporter
Widower sues bus company for $700k
KING Lion Bus Service (Pvt) Ltd, the firm which owns a cross-border coach that was involved in an accident killing 43 people and injuring 40 along the Harare-Chirundu Highway last year, has been slapp...Published: 28 Nov 2018 at 22:17hrs | | by Staff reporter
Bus accident victims' families seek $2,2m compensation
NINE surviving spouses and three guardians of the June 2017 horror accident involving a King Lion bus along the Harare-Chirundu Highway have filed a $2,2 million compensation lawsuit from the bus comp...Published: 07 Nov 2018 at 06:12hrs | | by Staff reporter
Vic Falls mall ahead of schedule
ZIMRE Property Investments' $13 million Sawanga Shopping Mall, which is currently under construction in Victoria Falls, is expected to be operational by December this year, ahead of the formerly propo...Published: 02 Oct 2018 at 09:37hrs | 6 | by Staff reporter
Chamisa challenge weighs down ZSE
THE Zimbabwe Stock Exchange (ZSE)'s market capitalisation lost over $200 million last week as the market indices continued to be held down by the uncertainty around elections, ZSE data shows.A...Published: 14 Aug 2018 at 06:43hrs | | by Staff reporter
Zimbabwe Stock Exchange sneeze before elections
The Zimbabwe Stock Exchange (ZSE) closed slightly lower during the last few days of official trade before the general elections set for tomorrow.After close on Thursday, the All Share Index fe...Published: 29 Jul 2018 at 09:59hrs | 1 | by Staff reporter
ZPI sells Zimre Centre for $10 million
ZIMRE Property Investment Limited has sold off its flagship - Zimre Centre in Harare - for $10,8 million with the proceeds earmarked for the development of the Victoria Falls and Bulawayo projects....Published: 03 Apr 2018 at 06:36hrs | | by Staff Reporter
ZPI sells Zimre Centre
ZIMRE Property Investment Limited has sold off its flagship - Zimre Centre in Harare - for $10,8 million with the proceeds earmarked for the development of the Victoria Falls and Bulawayo projects....Published: 03 Apr 2018 at 06:34hrs | | by Staff reporter
Innscor, Cabs win top Excellence in Corporate Governance Awards
Innscor Africa was the overall listed companies winner of the Excellence in Corporate Governance Awards, while CABS was the overall banking sector winner. The Deposit Protection Corporation was the wi...Published: 30 Nov 2017 at 09:41hrs | | by Agencies
Mnangagwa under probe on 39 counts of fraud; Mugabe to stand trial on 20 000 murder charges
The ideology ZANU PF is a proponent of a conservative socialist ideology, Pan Africanist and anti- imperialist western values, doctrines and democracies. Pu...Published: 03 Nov 2017 at 05:38hrs | 2 | by Themba Mthethwa
Zimre's Bulawayo $10m projects to begin soon
ZIMRE Property Investments Limited has set aside about $20 million for the development of its construction projects in Bulawayo and Victoria Falls that are expected to begin soon.The projects ...Published: 23 Aug 2017 at 07:53hrs | | by Staff reporter
Chinamasa calls for patience on economic revival
FINANCE and Economic Development Minister Patrick Chinamasa has called for patience among Zimbabweans, saying total economic revival cannot be achieved overnight.Speaking at the Institute of C...Published: 25 Jul 2017 at 07:21hrs | | by Staff reporter
Killer wants Dr Madondo's scalp
Creditors are increasingly frustrated with the slow process of winding down the affairs of failed companies, with the Zimbabwe Amalgamated Housing Association filing a High Court application on June 7...Published: 16 Jul 2017 at 12:59hrs | | by Staff reporter
Capitalk off to flying start
CAPITALK 100.4FM is emerging as the station of choice with regards to production of candid discussions aimed at reflecting the Zimbabwean story.The country's first commercial Talk radio statio...Published: 18 Jun 2017 at 09:54hrs | | by Staff reporter
Pasuwa joins the money queue
Former Warriors coach Kalisto Pasuwa is joining what has become a permanent feature at Zifa: the long queue of people waiting for the football association to pay what it owes them. And if one cons...Published: 05 Mar 2017 at 08:57hrs | | 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)
CBZ wins all Excellence in Corporate Governance Banking Awards
CBZ Bank took first place in all the Banking Institutions Awards categories of the Excellence in Corporate Governance Banking Awards on Thursday, while its parent company, CBZ Holdings, was among ...Published: 21 Nov 2016 at 06:23hrs | | by MichaeL Hamilton
State could take over $7 million Zifa debt
THE government is mulling taking over the $7 million Zifa debt in the "national interest" since football has a massive following in the country. However, the government is also aware that Zifa's exist...Published: 29 Jun 2016 at 06:46hrs | | by Staff Reporter
Zifa dissolution case postponed
THE High Court case in which Zifa is seeking placement under sequestration has been postponed to June 29 to allow the country's football leaders to consider the report filed by the Master of High ...Published: 23 Jun 2016 at 06:55hrs | | by Court Reporter
High Court to rule on Zifa dissolution
THE High Court will today determine whether the insolvent Zifa should be placed under voluntary sequestration and allowed to hand over its problems to a trustee.Zifa admitted that they were no...Published: 22 Jun 2016 at 07:01hrs | | by Daniel Nemukuyu
Stinging charge sheet for Fidelity bosses
STINGING allegations of breaches of exchange control regulations, fraud and financial impropriety have become the core of a possible charge sheet against Fidelity Life Assurance (FLA) directors - Mr S...Published: 19 Jun 2016 at 12:13hrs | 1 | by Darlington Musarurwa and Africa Moyo
Avoid being scammed by FAKE INSURANCE policies flooding Zimbabwe
Fake motor vehicle insurance policies have flooded the market and this could affect you unless you are vigilant. Millions of dollars are being lost to fraudsters. This not only affects the individuals...Published: 06 Apr 2016 at 16:29hrs | | by Agencies
Bogus Estate agent official nabbed for $33 600 fraudulent sale of house
One of the bogus Estate Agent officials has been dragged to court after the syndicate masqueraded as an estate agent and placed an advertisement on the newspaper selling a house belonging to a residen...Published: 08 Mar 2015 at 07:24hrs | 1 | by Stephen Jakes
CBZ, ABC Holdings scoop top corporate governance awards
CBZ Holdings has won the 2014 trophy for the Best Governed Company on the Zimbabwe Stock Exchange, while ABC Holdings was awarded the trophy for the Best Governed Banking Institution. Fin...Published: 17 Nov 2014 at 12:28hrs | | by Mike Hamilton
ABC in $38M bargain
ZIMBABWE Stock Exchange (ZSE) listed financial concern, ABC, stole the limelight from index movement towards turnover after striking a special bargain deal worth US$38,05million derived from 46,407,48...Published: 24 Aug 2014 at 10:20hrs | | by Staff Reporter
Over 200 Zupco buses operating without valid passenger insurance
MORE than 200 buses belonging to the Zimbabwe United Passenger Company have since October last year operated without valid passenger liability insurance, exposing thousands of passengers to the risk ...Published: 13 Apr 2014 at 09:27hrs | | by Staff Reporter
Zim economy worsens, as Mugabe remains mum
Zimbabwe is paying a heavy financial price as the economy slows down under President Robert Mugabe's Zanu-PF government, with stocks and bonds on an unprecedented plunge.The Zimbabwe Stock Exc...Published: 20 Mar 2014 at 14:29hrs | | by Staff reporter
100 companies get 14 day indigenisation ultimatum
The National Indigenisation and Economic Empowerment Board has issued a 14-day ultimatum to about 100 companies to apply for certification or face being classified as non-compliant with the Indigenisa...Published: 02 Sep 2013 at 05:00hrs | | by Staff reporter
ZSE shares close weaker at start of year's 2nd half
ZSE shares stayed in the red at the start of the second half of 2013 as Delta continued to trade lower while Minings gave in to losses in Bindura.The Industrials Index eased 0.21 points or 0.1...Published: 01 Jul 2013 at 16:44hrs | | by Business reporter
Short term insurers fall marginally - IPEC report
Gross premium written for short term insurers in the first quarter was recorded a marginal decrease of 0.3% to $66.68 million attributed largely to the decline in hail insurance to $370 000 from...Published: 18 Jun 2013 at 16:29hrs | | by Finx
ZSE shares end week lower on profit taking
ZSE shares ended lower on Friday as investors extended profit taking mostly in Delta to a third straight session.The Industrials Index closed the week in the red after easing 0.08 points or 0....Published: 14 Jun 2013 at 10:52hrs | | by Business reporter
Delta, Innscor hit record highs as Industrials rallies past the 220 mark
Delta and Innscor shares extended their gains and soared to new record highs record highs on Tuesday as Industrials raced past the 220.00 mark for the first time to take its gains in the year to 46.71...Published: 11 Jun 2013 at 11:35hrs | | by Business reporter
Industrials extends record rise as Innscor shares close above $1
Innscor shares were buoyant at week's opening dosing above a $1 at $1,05 to surpass the $1,03 record reached on February 4 this year as the Industrials extended their record rise closing just shy of t...Published: 10 Jun 2013 at 10:20hrs | | by Business reporter
ZSE: Industrials break the 215 ceiling as activity improves
The mainstream Industrials raced past the 215 barrier for the first time since dollarisation on Thursday amid improving activity on the floor with 14 counters managing gains out of the 31 that traded....Published: 06 Jun 2013 at 11:14hrs | | by Business reporter
Econet results fail to cheer ZSE shares
ZSE shares were back in the red on Friday after Econet February finals failed to cheer the market with investors flagging a sell-off in the telecoms counter.The Industrials Index eased 0.39 or...Published: 31 May 2013 at 10:51hrs | | by Business reporter
ZSE: Industrials advances to cap record week
ZSE's Industrials continued to advance on Friday racing past the 212.00 level for the first time albeit in sluggish trades where only 5 counters traded in the positive territory while only 2 traded lo...Published: 24 May 2013 at 10:45hrs | | by Business reporter
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