Search / Tycoon
Cross fights in Tagwirei's corner
BUSINESS tycoon Kudakwashe Tagwirei made his wealth in the fuel sector and did not use any political connections to achieve his status, President Emmerson Mnangagwa's biographer Eddie Cross has said....Published: 25 Mar 2024 at 05:29hrs | 872 | by Staff reporter
Mnangagwa awards Chemist Siziba liberation war hero status
The funeral service of the late Zimbabwean businessman Chemist Siziba, who died last Saturday, was held this morning at his Borrowdale (Hogerty Hill) home in Harare.Siziba died of kidney failu...Published: 14 Mar 2024 at 16:32hrs | 1195 | by Staff reporter
US calls for 'new-look' at Zimbabwe
The United States government says it stands ready for a "constructive relationship" with Zimbabwe adding the latest developments presented an opportunity for businesses to explore possible opportuniti...Published: 08 Mar 2024 at 07:52hrs | 1446 | by Staff reporter
Strive Masiyiwa's Cassava partners Google Cloud
BUSINESS tycoon Strive Masiyiwa's Cassava Technologies yesterday partnered global technology leader Google Cloud and artificial intelligence (AI) company Anthropic to deliver advanced cloud and cyber ...Published: 07 Mar 2024 at 05:08hrs | 279 | by Staff reporter
US punishes Mnangagwa
The United States on Monday said it was ending its 2003 sanctions programme against Zimbabwe as it reimposed new restrictions on President Emmerson Mnangagwa and his inner circle for alleged corruptio...Published: 05 Mar 2024 at 19:19hrs | 817 | by Staff reporter
Tendai Biti given a wholly suspended prison sentence and fined US$300
A Harare magistrate has handed ex-finance minister Tendai Biti a wholly suspended prison sentence of 6 months and also ordered him to pay a US$300 fine for calling Tatiana Aleshina "stupid" in 2020. ...Published: 27 Feb 2024 at 14:36hrs | 874 | by Staff reporter
Chivayo says he can't help everybody
Wait a minute!He said it, he could not help everybody as there are "channels and procedures to follow to get in touch with me".These were the words from businessman Wicknell Chivayo, w...Published: 17 Feb 2024 at 08:36hrs | 733 | by Staff reporter
Zimbabwe's EPOs are only being held for speculative purposes
Calls have intensified for the Government to review the issuance of Exclusive Prospecting Orders (EPOs) by the Ministry of Mines and Mining Development following revelations that the majority of them ...Published: 08 Feb 2024 at 04:27hrs | 180 | by Staff reporter
ZACC swoops on VID officer to explain wealth
The Zimbabwe Anti-Corruption Commission (ZACC) yesterday swooped on a senior Vehicle Inspectorate Department (VID) officer deployed to Beitbridge and ordered him to explain how he became a business ty...Published: 07 Feb 2024 at 04:39hrs | 3289 | by Staff reporter
Strive Masiyiwa's daughter marries a South African man
Tanya Masiyiwa, daughter of Zimbabwean tycoon Strive Masiyiwa, recently celebrated her marriage to Lethabo Molobi, her South African partner.Following a traditional ceremony on December 23, 20...Published: 10 Jan 2024 at 09:46hrs | 1652 | by Staff reporter
Zimbabwe tycoon 'loses' US$65m in SA deal
Zimbabwean tycoon Danny Mavura Huruyadzo is set to lose substantial money after a multi-million-dollar deal with his erstwhile business associates based in South Africa turned sour.To avoid lo...Published: 31 Dec 2023 at 12:55hrs | 1446 | by Staff reporter
Clashes in DR Congo as opposition demands poll re-run
Police in the Democratic Republic of Congo have clashed with opposition supporters demanding that last week's presidential poll be annulled.Leading opposition candidates have denounced the ele...Published: 28 Dec 2023 at 10:45hrs | 662 | by Staff reporter
Donald Trump suffers Kasukuwere fate
Colorado's Supreme Court has ruled former United States President Donald Trump is ineligible to run for the White House because of his role in the 2021 assault on the Capitol by his supporters and sho...Published: 20 Dec 2023 at 05:57hrs | 1320 | by Staff reporter
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 | 304 | 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 | 502 | by Staff reporter
Zesa is not going to pay US$22 million to Wicknell Chivayo
Zimbabwe's power utility Zesa says it is not going to pay US$22 million to flamboyant business tycoon Wicknell Chivayo as reported, but instead his company Intratrek Zimbabwe (Pvt) Ltd has to fund the...Published: 01 Dec 2023 at 16:24hrs | 1347 | by Staff reporter
Neville Mutsvangwa delivers inspiring speech at Founders Awards Gala
In a powerful address at the prestigious Founders Awards Gala, Neville Mutsvangwa, Chairman of Mumba Money Africa, urged young people across Africa to come together and work towards enhancing intra-Af...Published: 30 Nov 2023 at 11:16hrs | 1971 | by Mandla Ndlovu
ConCourt judges flout JSC code of conduct
THREE Constitutional Court judges have come under the spotlight after they failed to comply with the Judicial Service Commission code of ethics which requires them to deliver a judgement reserved with...Published: 29 Nov 2023 at 10:45hrs | 829 | by Staff reporter
Zimbabwe now like a car made of wire
WHEN we were little boys, we enjoyed playing with our homemade toy vehicles made out of scrap wire.These were usually small cars, buses and trucks — with the most popular being the first two...Published: 23 Oct 2023 at 06:26hrs | 299 | by Tendai Ruben Mbofana
Molai never sponsored Kasukuwere
Adam Molai, the tobacco tycoon and owner of Pacific Cigarette Company (PCC), has refuted allegations that he provided financial support for former Zanu-PF political commissar Saviour Kasukuwere's fail...Published: 16 Oct 2023 at 19:41hrs | 257 | by Staff reporter
Adam Molai's Pacific Cigarette Company forced into voluntary corporate rescue
Pacific Cigarette Company (PCC), led by local business magnate Adam Molai, has voluntarily initiated corporate rescue proceedings due to a substantial $19 million tax liability. This move comes amid a...Published: 09 Oct 2023 at 16:00hrs | 700 | by Staff reporter
Tobacco smuggling between Zimbabwe - SA now security threat
SOUTH Africa is drowning in illicit cigarette smuggling which has seen the neighbouring country losing at least R50 million (US$2.6 million) daily in potential revenue from well-coordinated syndicates...Published: 09 Oct 2023 at 13:49hrs | 614 | by Staff reporter
Police name victims of Zimbabwe plane crash that killed Indian tycoon
Zimbabwean authorities have officially released the identities of five of the six victims involved in the plane crash that occurred in Mashava on September 29. The tragic incident claimed the lives of...Published: 03 Oct 2023 at 17:05hrs | 1571 | by Staff reporter
Matebeleland sweeps away big guns
SOME five months ago, Zimbabwe's Finance minister Mthuli Ncube sauntered like a decorated knight in shining armour into Cowdray Park, a sprawling settlement north west of Bulawayo.The professo...Published: 28 Aug 2023 at 06:56hrs | 1106 | by Staff reporter
Strive Masiyiwa's wife appointed END Fund chair
Renowned humanitarian Tsitsi Masiyiwa has been appointed board chairperson of the END Fund, a collaborative philanthropic fund dedicated to ending neglected tropical diseases (NTDs).Masiyiwa, ...Published: 17 Aug 2023 at 06:52hrs | 22 | by Staff reporter
Mutumwa Mawere seeks to bar Mnangagwa from running for Zimbabwean Presidency
EXILED businessman Mutumwa Mawere has approached the Constitutional Court, seeking to block President Emmerson Mnangagwa from contesting in the August 23 polls.The South African-based ty...Published: 21 Jul 2023 at 18:07hrs | 5 | by Staff reporter
Nigerian billionaire's US$1 billion Zimbabwean mining deals stall
NIGERIAN oil and gas billionaire Benedict Peters' massive investment plans to shell out over US$1 billion into a local platinum mining project and more into lithium, iron ore, tin, gold and rare earth...Published: 16 Jul 2023 at 13:54hrs | 70 | by Staff reporter
Shadowy US organisation raise questions about Tagwirei mine purchase
A joint investigative report by The Sentry and Open Secrets exposes how Zimbabwean presidential advisor and business tycoon Kudakwashe Tagwirei, the subject of numerous corruption allegations, was abl...Published: 06 Jul 2023 at 10:41hrs | 27 | by Staff reporter
Attacks on Zimbabwe by US shadow organisations escalate
A new investigative report by The Sentry and Open Secrets, United States organisations which probe and follow dark money and illicit financial flows around the world - given to The NewsHawks and other...Published: 06 Jul 2023 at 09:16hrs | 7 | by Staff reporter
Buyanga denies SA prison escape bid
Troubled Zimbabwe business tycoon, Frank Buyanga has denied attempts to skip jail and has demanded apology and retraction of a South African Police Services (SAPS) statement inferring he colluded with...Published: 04 May 2023 at 19:55hrs | 32 | by Staff reporter
SA chrome tycoon 'pays millions' to Zanu-PF chefs
A FIRM controlled by one of South Africa's richest tycoons suspiciously moved millions of United States dollars to politically connected Zimbabwean companies and powerful individuals, about five years...Published: 29 Apr 2023 at 19:32hrs | 18 | by Staff reporter
Haruzivishe takes Sikhala's case to British Parliament
EXILED opposition activist Makomborero Haruzivishe took the matter of Job Sikhala's prolonged political imprisonment to the British Parliament on 19 April 2023, hoping to increase international awaren...Published: 28 Apr 2023 at 20:22hrs | 1 | by Staff reporter
Chiwenga, Mnangagwa entangled in massive chrome scandal
COMPANIES linked to President Emmerson Mnangagwa and Vice-President Constantino Chiwenga received US$3 million from South African chrome miner Zunaid Moti following a US$120 million deal signed betwee...Published: 28 Apr 2023 at 20:19hrs | 17 | by Staff reporter
Buyanga's woes mount
JAILED property tycoon, Frank Buyanga's woes continue to mount after the Supreme Court declined to hear his appeal.Buyanga, who is currently locked up in a South African jail is facing a slew ...Published: 23 Apr 2023 at 08:00hrs | 5 | by Staff reporter
Chamisa has refused to be stampeded into the 'Gold Mafia' mess
Citizens Coalition for Change (CCC) leader Nelson Chamisa has refused to be stampeded into the "Gold Mafia" mess following talk the opposition chief and lawyer once defended one of the culprits and ha...Published: 22 Apr 2023 at 19:02hrs | 9 | by Staff reporter
Zimbabwean minister sweats over idle platinum miner
INVESTORS in one of Zimbabwe's biggest platinum projects - Todal Mining - were this week said to have dumped the project, turning the heat on Mines minister Winston Chitando to cancel its licence....Published: 14 Apr 2023 at 19:47hrs | 8 | by Staff reporter
Obama was 'fundraising phenomenon' but nothing compared to Mnangagwa's US$ 240 startup, thanks to Gold Mafia
When elections costs in an impoverished nation like Zimbabwe are comparable and even exceed those in a very rich nation like United States of America; you can be sure of one thing the Zimbabwe electio...Published: 11 Apr 2023 at 09:51hrs | 11 | by Wilbert Mukori
Mnangagwa the Al Jazeera documentary protagonist
AS the narrative of Qatar-based international television news channel Al Jazeera's Gold Mafia investigative film on gold smuggling, money laundering and corruption unfolds and audiences navigate the s...Published: 08 Apr 2023 at 14:21hrs | 25 | by Staff reporter
Rushwaya spared govt gold crackdown
WHILE the Zimbabwean government says it has taken measures to freeze accounts of the gold mafia and investigate the gold smuggling, money laundering and corruption, one of the kingpins, Henrietta Rush...Published: 08 Apr 2023 at 14:20hrs | 29 | by Staff reporter
UAE refuses to extradite Gupta brothers to South Africa
South Africa said on Friday it had learned with "shock and dismay" that the United Arab Emirates had turned down its request to extradite two brothers accused of orchestrating industrial-scale corrupt...Published: 08 Apr 2023 at 09:58hrs | 1 | by Staff reporter
Fidelity Printers in kickbacks storm
FORMER Fidelity Printers and Refiners general manager Fradreck Kunak (pictured) a and the company's head of gold operations Mehluleli Dube were allegedly paid US$30 000 and US$3 000 kickbacks apiece e...Published: 02 Apr 2023 at 11:11hrs | 3 | by Staff reporter
Simon Rudland threatens Al Jazeera with legal action
A tycoon implicated in the Gold Mafia allegations, Simon Rudland, has also demanded a retraction from Al Jazeera, and also threatened legal action.The Qatar-based satellite channel is running ...Published: 29 Mar 2023 at 07:43hrs | 14 | by Staff reporter
Mnangagwa exposed
ZIMBABWEAN President Emmerson Mnangagwa has been left exposed and politically vulnerable following ground-breaking revelations by Qatar-based international television network Al Jazeera's of gold...Published: 25 Mar 2023 at 18:23hrs | 44 | by Staff reporter
Zimbabwe in desperate need of national leaders not Mafia bosses and gang leaders!
It was the most heartbreaking sight - as images of a collapsed primary school in my home city of Kwekwe made the rounds across the country. In fact, the stab to my heart was made more excrucia...Published: 20 Mar 2023 at 09:17hrs | 17 | by Tendai Ruben Mbofana
'Mugabe did not actively push for his family's primitive accumulation of wealth'
THE late president Robert Mugabe stopped his son-in-law Simba Chikore and daughter Bona from joining the scramble to take over the country's third-largest mobile network operator, Telecel Zimbabwe....Published: 13 Mar 2023 at 08:13hrs | 3 | by Staff reporter
Mnangagwa's name mired in underworld gold activities
FROM the Macmillan family and their gold-smuggling activities to the Kwekwe underworld mining adventures and Henrietta Rushwaya's sensational arrest three years ago, President Emmerson Mnangagwa's nam...Published: 05 Mar 2023 at 14:00hrs | 21 | by Staff reporter
Croco's Matsika gets a lifeline
EIGHT years after acrimoniously falling out with his cousin and Croco Holdings boss Moses Chingwena over the ownership of a busines empire worth more than US$100 million, Harare automobile tycoon Fara...Published: 05 Mar 2023 at 13:52hrs | 174 | by Staff reporter
Zimbabwe-based Indian millionaire acquitted
A Zimbabwe-based Indian businessman tycoon Munir Kazi is now a free man after he was acquitted by the court on charges of defrauding foreign currency traders of US$765 000.Magistrate Vongai Mu...Published: 16 Feb 2023 at 06:57hrs | 8 | by Simbarashe Sithole in Harare
Zimbabwe harbours wanted Irish Mafia cartel boss
A ZIMBABWEAN businessman, Adam Lincoln Woodington Wood, has allegedly been harbouring and enabling the activities of the founder of an Irish mafia gang, Christopher Vincent Kinahan, who is on the want...Published: 12 Feb 2023 at 07:33hrs | 146 | by Staff reporter
Waverley Blankets ownership wrangle: trial begins under private prosecution
The trial of Aron Vico for fraudulently taking over Waverley Blankets, a company owned by the late prominent industrialist, Victor Cohenm has begun under private prosecution.Vico appeared in c...Published: 05 Feb 2023 at 23:35hrs | 143 | by Simbarashe Sithole
Load More Stories