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Tongaat Hulett to sell Zimbabwe operations in ZAR5.9 billion deal
South African agriculture and agri-processing giant, Tongaat Hulett Limited (THL), has announced its decision to offload its Zimbabwe operations to the Vision Group, a South African investment consort...Published: 29 Dec 2024 at 08:49hrs | 665 | by Staff reporter
Tshabangu's MPs question validity of Mutapa Investment Fund valuation
Opposition parliamentarians have raised concerns over the validity of the Mutapa Investment Fund's (MIF) asset valuation, pointing to discrepancies between the reported US$16 billion valuation and ear...Published: 22 Dec 2024 at 11:13hrs | 788 | by Staff reporter
Woman shares heart-wrenching story behind kidnapping of newborn baby
A 39-year-old woman from Pumula South suburb in Bulawayo has opened up about the devastating circumstances that led her to kidnap a two-day-old baby from Mpilo Central Hospital in September 2023, an a...Published: 22 Dec 2024 at 10:39hrs | 222 | by Staff reporter
CCC MP faces legal setback in challenge against wealth tax
Marondera Central opposition legislator Mr. Caston Matewu has suffered a legal defeat in his attempt to challenge the Government's wealth tax, which was introduced in the 2024 National Budget and has ...Published: 17 Dec 2024 at 06:30hrs | 338 | by Staff reporter
Marula Mining ceases Zimbabwe operations
Marula Mining PLC, an investment and development company focused on African mining opportunities, has officially announced that it will cease exploration and project acquisition activities in Zimbabwe...Published: 16 Dec 2024 at 13:55hrs | 2097 | by Staff reporter
Zanu-PF's Matutu in suspected US$150,000 fraud
Former Zanu-PF youth leader Lewis Matutu appeared before Harare Magistrate Isheanesu Matova on Tuesday, accused of stealing shares from a local mining company, Shusib Investments. Matutu was remanded ...Published: 11 Dec 2024 at 14:10hrs | 1772 | by Staff reporter
CBZ blocked from increasing FMHL stake
CBZ Holdings has confirmed that it will not proceed with its planned buyout of minority shareholders in First Mutual Holdings Limited (FMHL), following a decision by the Competition and Tariff Commiss...Published: 10 Dec 2024 at 06:52hrs | 209 | by Staff reporter
Zimbabwe's ex-CIO Chief details counter-espionage success in his book
In his book, One Among Many: My Contribution to the Zimbabwean Story, former Director-General of Zimbabwe's Central Intelligence Organisation (CIO), Happyton Bonyongwe, offers a rare glimpse into the ...Published: 05 Dec 2024 at 15:59hrs | 4315 | by Staff reporter
Susan Mutami warns against electing Mliswa as Zifa President
Susan Mutami, the former partner of aspiring Zimbabwe Football Association (ZIFA) presidential candidate Temba Mliswa, has called on football stakeholders to reject his candidacy, alleging that he lac...Published: 04 Dec 2024 at 15:29hrs | 793 | by Staff reporter
Econet in shares battle with former workers
The High Court has issued a default judgment ordering Econet Wireless (Pvt) Ltd to release the relevant documents related to the transfer of over two million shares promised to eight former employees ...Published: 04 Dec 2024 at 08:07hrs | 3520 | by Staff reporter
SA-based Diaspora Kapita to issue US$10m bond in Zimbabwe
South Africa-based investment holding firm Diaspora Kapita (DK) is set to make waves in the Zimbabwean financial landscape as it prepares to list on the Victoria Falls Stock Exchange (VFEX) and raise ...Published: 02 Dec 2024 at 07:16hrs | 193 | by Staff reporter
Zanu-PF's Raj Modi interested in Choppies acquisition
Local trading firm Pin Tail Trading, which operates the Sai Mart retail chain, has expressed interest in acquiring Choppies Enterprises Limited's Zimbabwe operations. The leading supermarket chain rec...Published: 01 Dec 2024 at 08:54hrs | 3488 | by Staff reporter
Zanu-PF is the big monster
AS recent as last week, Elon Musk's fortune had swelled to a stupendous and eye-watering US$348 billion, making him probably the richest man on the planet.It is just obscene that one person's ...Published: 01 Dec 2024 at 08:25hrs | 300 | by Bishop Lazarus
Mphoko points to legal disputes as why Choppies is exiting Zimbabwe
Choppies Enterprises Limited has revealed plans to cease its operations in Zimbabwe, citing increased competition from the informal sector among other challenges. However, former Vice President Phelek...Published: 30 Nov 2024 at 15:42hrs | 2860 | by Staff reporter
Choppies considers exiting Zimbabwe
Choppies Enterprises Limited has announced its intention to sell the business operations of its wholly-owned subsidiary, Nanavac (Pty) Ltd, trading as Choppies Zimbabwe, subject to discussions and reg...Published: 29 Nov 2024 at 18:26hrs | 6206 | by Staff reporter
John Moxon calls meeting to sack his Meikles board
John Moxon was in a hospital bed when Meikles directors met to sell off a key asset and fire the CEO - and he claims someone lied that his phone had been "compromised" to keep him in the dark about it...Published: 27 Nov 2024 at 08:47hrs | 2778 | by Staff reporter
Private sector efficiency: South Africa's Murray & Roberts enters business rescue
Murray & Roberts (M&R) Limited has entered business rescue due to a severe cash crunch in its South African operations. The company, whose shares have fallen 64% recently, is also look...Published: 24 Nov 2024 at 15:40hrs | 2034 | by Staff reporter
Matsika's bid for Croco Motors hits final legal roadblock
Businessman Farai Matsika's prolonged legal battle to claim shareholding in Croco Motors has reached a conclusive end, with the High Court striking his latest case off the roll. This marks the latest ...Published: 23 Nov 2024 at 12:46hrs | 294 | by Staff reporter
Ecocash loses ZWG 148,7 million in conversion to new currency
Ecocash Holdings Zimbabwe Limited, a leading diversified digital solutions group, has reported a loss of ZWG 148.7 million following the transition to the newly introduced ZWG currency, which was intr...Published: 21 Nov 2024 at 06:35hrs | 1908 | by Staff reporter
'ZSE left with two valuable counters'
The Zimbabwe Stock Exchange (ZSE) is witnessing a significant shift, with Delta Corporation Limited and Econet Wireless Zimbabwe now standing as the only major valuable counters on the bourse. Several...Published: 20 Nov 2024 at 07:03hrs | 191 | by Staff reporter
Cops speak on mistaken identity after arrest of 'armed robber'
The Zimbabwe Republic Police (ZRP) has expressed concern over a case of mistaken identity following the arrest of Spencer Mapfumo, a 42-year-old suspected armed robber involved in multiple robberies, ...Published: 19 Nov 2024 at 08:27hrs | 818 | by Staff reporter
Land barons fund ED2030 sloganeering campaign
Most of the land barons dominating Harare, Masvingo and Midlands provinces have spent their loot towards funding an exercise to push for President Emmerson Mnangagwa's foiled unconstitutional term ext...Published: 18 Nov 2024 at 17:01hrs | 626 | by Gideon Madzikatidze/Simbarashe Sithole
Zuma arms deal persecution is weird, says Thuli Madonsela
Former public protector Prof Thuli Madonsela has dropped a bombshell that former president Jacob Zuma's prosecution regarding the controversial arms deal is a mystery. Her remarks came during ...Published: 05 Nov 2024 at 09:30hrs | 1184 | by Staff reporter
Dr Nkululeko Sibanda's assets to be forfeited
The National Prosecuting Authority of Zimbabwe (NPAZ) has filed a High Court application to seize properties worth millions of dollars from the estate of the late businessman Dr. Nkululeko Sibanda, ac...Published: 03 Nov 2024 at 10:03hrs | 3296 | by Staff reporter
Russia fines Google US$2.5 decillion
A Russian court has fined Google $2.5 decillion for allegedly blocking pro-Kremlin propaganda on YouTube.The fine, which is the equivalent of $2.5 trillion trillion trillion, is the result of ...Published: 31 Oct 2024 at 08:37hrs | 752 | by Staff reporter
UK-based miner identifies potential gold in Matebeleland North
United Kingdom-based miner Ariana Resources Plc has announced promising developments at its Dokwe Gold project located in the Tsholotsho District, approximately 110 kilometers west of Bulawayo, Zimbab...Published: 28 Oct 2024 at 07:03hrs | 560 | by Staff reporter
Gono company loss case continues
A key witness in the ongoing fraud trial involving a Harare couple accused of defrauding former Reserve Bank of Zimbabwe (RBZ) governor Gideon Gono has stated that Gono should be summoned to court to ...Published: 26 Oct 2024 at 12:42hrs | 69 | by Staff reporter
Gono fraud case takes a turn
The ongoing case involving a Harare couple accused of defrauding former Reserve Bank of Zimbabwe governor Gideon Gono took a surprising twist yesterday when a key witness admitted he had no direct evi...Published: 24 Oct 2024 at 08:00hrs | 991 | by Staff reporter
Powertel gains 2% market share
Powertel, a telecom subsidiary of ZESA Holdings, has recorded a significant 2.05 percentage point increase in market share during the second quarter of 2024, according to the latest report from the Po...Published: 23 Oct 2024 at 18:48hrs | 139 | by Staff reporter
Chivayo refuses to pay American consultant
Zimbabwean businessman Wicknell Chivayo, known for his extravagant lifestyle and high-profile donations, is currently embroiled in controversy following his refusal to pay US$75,000 to an American con...Published: 19 Oct 2024 at 12:37hrs | 9815 | by Staff reporter
Zimbabwe woman shares bedroom with 2 husbands
In a shocking case brought before the Harare Civil Court, two men are living with the same woman as their wife, sharing the same bedroom at a house in the capital city. One of the men, Takemore Kagair...Published: 12 Oct 2024 at 17:58hrs | 2668 | by Staff reporter
MRP targets to recruit 1000 Youth in SA
Mthwakazi Republic Party (MRP) vibrant youth in South Africa is targeting to recruit over 1000 youth in the neighbouring country as it gears to intensify ...Published: 10 Oct 2024 at 20:32hrs | 843 | by Stephen Jakes
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 | 501 | by Staff reporter
Court withdraws fraud allegations against couple
The State has withdrawn some of the fraud charges against Clark Clever Makoni and Beverly Aisha Ndonda Makoni, who are accused of defrauding former Reserve Bank of Zimbabwe (RBZ) governor Gideon Gono ...Published: 05 Oct 2024 at 11:34hrs | 181 | by Staff reporter
Gono accused of using political muscle in property dispute
A Harare couple, Clark Clever Makoni and Beverly Aisha Ndonda Makoni, have accused former Reserve Bank of Zimbabwe (RBZ) governor Gideon Gono of leveraging his political connections in a property disp...Published: 05 Oct 2024 at 11:33hrs | 104 | by Staff reporter
Gono's suspected fraudsters' case latest
Regional Magistrate Stanford Mambanje upheld the State's application to tender a deed of settlement related to a high-profile fraud case involving former Reserve Bank of Zimbabwe governor Gideon Gono'...Published: 04 Oct 2024 at 08:47hrs | 359 | by Staff reporter
7 big global companies dump South Africa
Many large global companies, including Shell, HSBC, PNB Paribas, Rolex, AngloGold Ashanti, TotalEnergies, and BP's Aviation Fuel Business, are dumping South Africa.Last week, HSBC announced th...Published: 02 Oct 2024 at 12:35hrs | 1198 | by Staff reporter
Used clothes take Zimbabwe by storm
Kimberley Dube takes great care with her appearance. She always looks sharp and fashionable in smart-looking jeans, t-shirts, sweatpants, tops, and designer sneakers."I love jeans - can't get ...Published: 02 Oct 2024 at 11:24hrs | 623 | by Staff reporter
Bulawayo twins make waves in Zimbabwe rugby scene
The dream of many young athletes is to one day play alongside their siblings at the highest level of their sport. Rugby, in particular, has a rich history of sibling duos leaving an indelible mark on ...Published: 29 Sep 2024 at 11:10hrs | 362 | by Staff reporter
Frelimo intensifies election campaign with rally in Zimbabwe
Mozambique's ruling party, Frelimo, is ramping up its election campaign efforts with a rally scheduled for this weekend in Chegutu, Mashonaland West province. The event aims to raise awareness of the ...Published: 20 Sep 2024 at 08:04hrs | 358 | by Staff reporter
Zimbabwe business couple claims state persecution in US$137m fraud trial
A Harare business couple involved in Estate management has accused prosecutors of dancing to the tune of unscrupulous top ranked government and police officers allegedly determined to fix them on beha...Published: 19 Sep 2024 at 15:54hrs | 636 | by Staff reporter
The Zimbabwe Grand Tour can now be yours - for US$21 000 per person
You can now experience a recreation of the Grand Tour: One for the Road route across Zimbabwe – minus Jeremy Clarkson, James May and Richard Hammond – if you have about US$21 000 (per person) to s...Published: 19 Sep 2024 at 07:35hrs | 1209 | by Staff reporter
Selmor excluded from Oliver Mtukudzi International Festival by Daisy
Could the legendary late national hero, Oliver "Tuku" Mtukudzi, be deeply disturbed by the rising tensions within his family ahead of a festival held in his honor?A rift between his daughter, ...Published: 11 Sep 2024 at 08:41hrs | 264 | by Staff reporter
Bosso travel to CAPS
The Castle Lager Premier Soccer League (PSL) will resume on Saturday with Round 26 fixtures after a brief pause to accommodate the Warriors' 2025 Africa Cup of Nations (AFCON) qualifiers against Kenya...Published: 10 Sep 2024 at 07:22hrs | 128 | by Staff reporter
King Mzilikazi preserved his heritage
South African historian, musician, and versatile creative Mbuso Khoza highlights that when Ndebele King Mzilikazi Khumalo kaMatshobana departed from what is now Zululand in 1821 after breaking away fr...Published: 08 Sep 2024 at 09:41hrs | 114 | by Staff reporter
Revolt at MTN over CEO's 'female favourite'
An ugly battle is brewing at MTN over the direction Africa's biggest mobile network operator is taking under group CEO Ralph Mupita, with executives threatening to quit en masse over his leadership st...Published: 01 Sep 2024 at 11:58hrs | 4573 | by Staff reporter
NRZ has no properties abroad
THE National Railways of Zimbabwe (NRZ) has dismissed social media reports that it owns properties outside Zimbabwe and has lost records of some of them.In a statement, the NRZ said it had oft...Published: 27 Aug 2024 at 07:40hrs | 121 | by Staff reporter
Jailed Zimbabwe ex-deputy minister shares expertise with fellow inmates
Former Deputy Finance Minister Terrence Mukupe, who is currently serving a three-year sentence for fraud at Khami Maximum Prison, has been utilizing his financial and mathematical expertise to teach C...Published: 23 Aug 2024 at 06:42hrs | 1060 | by Staff reporter
Cyril Ramaphosa arrives in Zimbabwe for SADC Summit
South African President Cyril Ramaphosa has arrived at Robert Gabriel Mugabe International Airport for the 44th SADC Summit. He was welcomed by Zimba...Published: 17 Aug 2024 at 12:28hrs | 151 | by Staff reporter
Masisi arrives for SADC Summit
Botswana President Mokgweetsi Eric Keabetswe Masisi has arrived at Robert Gabriel Mugabe International Airport to attend the SADC Summit for Heads of State and Government. He was greeted by Zimbabwe's...Published: 17 Aug 2024 at 12:27hrs | 107 | by Staff reporter
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