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Smallholder farmers to benefit from US$15 million loan
SMALLHOLDER farmers will soon benefit from a US$15 million loan obtained by the Government from the OPEC Fund for International Development.Finance and Economic Development Minister Professor ...Published: 12 Dec 2022 at 01:02hrs | 543 | by Staff Reporter
Police probe ZB Bank Vic Falls robbery
SEVERAL bank employees have been questioned by the police following a theft when a lone armed robber pounced on ZB Bank branch in Victoria Falls last week, entering the banking hall a few minutes befo...Published: 05 Dec 2022 at 05:05hrs | 454 | by Staff reporter
Lone gunman robs Victoria Falls bank
A LONE gunman robbed the ZB Bank Victoria Falls branch on Wednesday afternoon and made off with an undisclosed amount of money – a source from the bank however said more than US$100 000 was stolen....Published: 30 Nov 2022 at 18:43hrs | 1028 | by Staff reporter
Zimbabweans being swindled of millions by foreigners due to lies about sanctions
In their relentless shameless attempts at portraying every little problem faced by ordinary Zimbabweans as being a result of so-called 'sanctions imposed on the country' - the Zimbabwe government has ...Published: 26 Oct 2022 at 15:32hrs | 1196 | by Tendai Ruben Mbofana
Alleged ZB Bank US$2, 7 million heist mastermind family appears in court
THE family of the ZB Bank internal security officer Shadreck Njowa, who allegedly masterminded a US$2,7 million heist on his employer, were arrested and appeared in court on Saturday charged with harb...Published: 24 Oct 2022 at 06:10hrs | 532 | by Staff reporter
Zimbabwe police warn armed robbers
Police will continue to apply greater pressure on those committing serious crimes, with armed robbers a particular target, Commissioner General Godwin Matanga has said. Speaking at the return of 19 po...Published: 24 Oct 2022 at 06:07hrs | 314 | by Staff reporter
Heist mastermind's family remanded in custody
THE family of Shadreck Njowa, the alleged mastermind of the US$2,7 million ZB Bank robbery, which occurred in January last year, has been remanded in custody ahead of a ruling on their bail applicatio...Published: 23 Oct 2022 at 09:09hrs | 121 | by Staff reporter
ZB Bank heist mastermind in court
A ZB BANK internal security officer suspected to have been the mastermind of a US$2.7 million heist appeared at the Harare Magistrates court yesterday charged with armed robbery.Shadreck Njowa...Published: 22 Oct 2022 at 05:41hrs | 312 | by Staff reporter
Family of US$2,7m heist mastermind arrested
The family of Shadreck Njowa, the mastermind behind the ZB Bank US$2,7 million and $43 000 heist which occurred in January last year at Gwebi River Bridge along the Harare-Chirundu Road has been arres...Published: 21 Oct 2022 at 06:03hrs | 762 | by Staff reporter
US$2,7 million ZB Bank heist mastermind arrested
The mastermind behind the ZB Bank US$2,7 million and $43 000 heist which occurred in January last year at Gwebi River Bridge along the Harare-Chirundu Road has been arrested in Harare after being on t...Published: 19 Oct 2022 at 20:25hrs | 703 | by Staff reporter
Zimbabwe soldiers' involvement in armed robberies worrisome
THE arrest of three soldiers in a foiled armed robbery recently following a movie-style shoot-out has again brought to the limelight the involvement of rogue elements of the uniformed forces in violen...Published: 09 Oct 2022 at 07:56hrs | 1779 | by Staff reporter
Robbers vanish with US$1,5m from ABC Auctions
FOUR armed robbers stormed ABC Auctions along Seke Road in Harare on Friday night and got away with US$1,5 million after subduing two security guards at the premises.Police spokesperson Assist...Published: 09 Oct 2022 at 07:52hrs | 313 | by Staff reporter
ZB directors mull liquidation and surrendering licence
With three months left before year-end, it is now crunch time for ZB Financial Holdings (ZBFH), which is currently under increased pressure to recapitalise its building society within the grace period...Published: 02 Oct 2022 at 08:58hrs | 318 | by Staff reporter
Mnangagwa's govt stripping assets, claims MPs
LEGISLATORS have accused the Executive of systematically stripping the country of its valuable assets and selling them through opaque deals, which observers say smells of deep-rooted corruption and pl...Published: 30 Aug 2022 at 06:35hrs | 714 | by Staff reporter
School, parents clash over US$ fees
PARENTS and guardians of pupils at Nyamuzuwe High School have threatened to stage a protest against school authorities who they accuse of demanding United States dollars exclusively for fees, in contr...Published: 08 Aug 2022 at 05:48hrs | 456 | by Staff reporter
ZB rebrands
ZB Financial Holdings has embarked on a major rebranding exercise, which will see the group adopting a new model that will centralise operations within branches as it moves to be customer-centric and ...Published: 15 Jun 2022 at 07:27hrs | 372 | by Staff reporter
Troubles mount for Jacob Mudenda
Speaker of Parliament Jacob Mudenda has been trending in Zimbabwe after he lobbied parliamentarians to change the laws and allow a diaspora vote , a move which left a bitter taste in the mouths of ZAN...Published: 04 Jun 2022 at 09:50hrs | 8649 | by Mandla Ndlovu
Top banker beaten by wife
FORMER ZB Financial Holdings Chief Executive, Ronald Mutandagayi (59), claims he was heavily assaulted by his 48-year-old wife, Loveness.The banker Tuesday dragged Loveness to court, als...Published: 27 Apr 2022 at 12:59hrs | 1219 | by Staff reporter
Cops arrested for conning ICT perm sec
TWO former police officers and two other serving members of the force were arraigned before Harare magistrate Yeukai Dzuda after conning the acting Information Communication Technology ministry secret...Published: 21 Apr 2022 at 11:35hrs | 482 | by Staff reporter
Headmaster, deputy arrested over school funds
A headmaster and his deputy from Gamwa primary school in Shurugwi have been arrested for alleged criminal abuse of office involving US$3000.Onias Gadzikwa (46), the acting headmaster and the s...Published: 18 Apr 2022 at 10:25hrs | 177 | by Staff reporter
Company executive in court over illegal forex deals
A top executive of a Harare firm was on Tuesday arraigned before the courts on charges of illegally dealing in foreign currency.Zvikomborero Kapfeni of Nordship Investments was remanded to Apr...Published: 30 Mar 2022 at 15:01hrs | 1877 | by Staff reporter
14-yr-old needs help for dialysis
A 14-year-old Shungu High School pupil in Kwekwe, Takunda Lusinga, who has a chronic kidney disease, is appealing for financial assistance to enable him to have three dialysis sessions a week....Published: 28 Mar 2022 at 06:48hrs | 252 | by Staff reporter
CBD parking fees furore escalates
THE public backlash against the Bulawayo City Council's contentious parking management system in the city centre continues to escalate with more residents blasting council for failure to adequately co...Published: 22 Mar 2022 at 05:44hrs | 350 | by Staff reporter
RBZ tells banks to shape up or ship out
BANKING sector experts have thrown their weight behind the Reserve Bank of Zimbabwe (RBZ)'s move to tighten screws on operators that fail to comply with new minimum capital requirements, which came in...Published: 18 Feb 2022 at 05:34hrs | 819 | by Staff reporter
'$5,000 withdrawal limit not enough'
DEPOSITORS have said the $5 000 weekly withdrawal limit was not enough as the amount does not meet their cash needs such as daily transport cost for members and cash rentals being demanded by landlord...Published: 10 Feb 2022 at 05:31hrs | 569 | by Staff reporter
RBZ comes hard on bank shareholders
SHAREHOLDERS at financial institutions that have failed to meet new minimum capital requirements will forgo dividends until their firms comply with the central bank's directives, the Reserve Bank of Z...Published: 08 Feb 2022 at 05:37hrs | 512 | by Staff reporter
US$2,5m bank heist: 2 jailed
THE wife of one of the robbers involved in the theft of US$2,5 million cash-in-transit for ZB Bank early last year has been jailed for an effective three years for acquiring properties with the ill-go...Published: 02 Feb 2022 at 05:23hrs | 689 | by Staff reporter
'Armed robberies linked to 2017 coup'
EXILED former Higher and Tertiary Education deputy minister Godfrey Gandawa has sensationally claimed that soldiers and police officers implicated in recent armed robbers could have stolen the firearm...Published: 05 Jan 2022 at 06:01hrs | 4302 | by Staff reporter
20 years of ruinous sanctions
The unilateral sanctions imposed on Zimbabwe by the West in the last 20 years have, among others, adversely affected the country's ability to boost its manufacturing sector, build health and education...Published: 29 Dec 2021 at 05:21hrs | 153 | by Staff reporter
Armed robbery cases increased in 2021
Cases of armed robberies increased countrywide this year with criminals targeting cash-in transit vehicles, individuals and business people with large amounts of cash.Schools and cross-border ...Published: 24 Dec 2021 at 07:23hrs | 110 | by Staff reporter
Kagonye accused of duping housing cooperatives
FORMER Public Service, Labour and Social Welfare Minister Petronella Kagonye yesterday denied allegations of duping two housing cooperatives of US$38 500 in the sale of residential stands at Solomio F...Published: 14 Dec 2021 at 05:47hrs | 304 | by Staff reporter
Police raise alarm over stage-managed robberies
THE country has recorded a 22 percent increase in armed robbery cases this year compared to the same period last year with the Zimbabwe Republic Police raising alarm over stage-managed robbery inciden...Published: 12 Dec 2021 at 20:03hrs | 82 | by Staff reporter
Chadcombe shootout: 2 fugitive robbers nabbed
Police yesterday arrested the two armed robbers who escaped during the Monday night raid on the Chadcombe home of retired CID Homicide detective Mr Joseph Nemaisa, during which their three fellow gang...Published: 12 Dec 2021 at 19:51hrs | 54 | by Staff reporter
Police arrest 2 suspects from deadly robbery, recover guns at 1 Commando barracks
Two armed robbery suspects who fled from a crime scene at which three of their colleagues were shot dead by a retired detective on Monday night have been arrested, police said on Wednesday.Thi...Published: 12 Dec 2021 at 19:48hrs | 37 | by Staff reporter
2 soldiers among 3 killed after ex-detective took on armed robbers holding family hostage
Two of the three men killed while robbing the home of a retired police detective were soldiers, ZimLive has learnt.Joseph Nemaisa, a 19-year CID homicide veteran, took on five thugs who were a...Published: 12 Dec 2021 at 19:48hrs | 45 | by Staff reporter
Harare shootout case takes new twist
THE case of the five suspected armed robbers who stormed an ex-detective's home in Harare before three of them were gunned down in a shootout on Monday night has taken a new twist amid reports that th...Published: 12 Dec 2021 at 19:36hrs | 1285 | by Staff reporter
Sable Chemicals to double production to 200 000t
ZIMBABWE'S sole ammonium nitrate production outfit, Sable Chemical Industries says it will double production to 200 000 tonnes a year by 2023 after getting a US$11 million boost from a regional lender...Published: 05 Dec 2021 at 06:17hrs | 585 | by Staff reporter
Civil servants withdraw forex bonuses
CIVIL servants were smiling all the way to the bank yesterday as they started receiving their bonuses in foreign currency.They are receiving up to a maximum of US$700 and civil service pension...Published: 02 Dec 2021 at 05:29hrs | 15 | by Staff reporter
Gono mourns Doug Munatsi
It is with great sadness that my family and I mourn the untimely death of a fine, seasoned banker and patriotic son of the soil, Douglas Munatsi in tragic circumstances not yet explained to the nation...Published: 01 Dec 2021 at 05:34hrs | 24 | by Dr Gideon Gono
US$4 billion mystery in Afreximbank, Zimbabwe deals
SHARP differences emerged between Zimbabwean authorities and the Africa Export–Import Bank (Afreximbank) on Friday over the value of loans extended by the regional lender to Harare.During a ...Published: 28 Nov 2021 at 08:02hrs | 16 | 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 | 597 | 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 | 73 | by Staff reporter
NetOne intensifies electronic airtime recharge
THE mobile markets in Africa are for the most part prepaid, with the traditional means of distribution being the sale of scratch cards.It is no secret that this distribution channel has brough...Published: 07 Nov 2021 at 07:07hrs | 68 | by Staff reporter
Of sanctions and misgovernance
Am writing this piece after 1 year since I wrote on sanctions and with this small piece I think I will manage to clarify the position on sanctions, however, democracy dictates that one is free to agre...Published: 25 Oct 2021 at 20:48hrs | 16 | by Kumbirai Stein Chivhuna
US$6,5m suit against Makandiwa flops
The Supreme Court has upheld the High Court ruling rejecting business couple - Mr Upenyu Mashangwa and his wife Blessing's $6,5 million lawsuits against United Family International Church (UFIC) leade...Published: 24 Sep 2021 at 09:05hrs | 8 | by Staff reporter
Old Mutual rallies re-engagement efforts
FINANCIAL services provider, Old Mutual Holdings has implored relevant authorities to continue with international re-engagement efforts to attain healthier relations with international financial marke...Published: 05 Sep 2021 at 06:53hrs | 7 | by Nobleman Runyanga
Ceteris Paribus #SanctionsMustGo
IN November 2018, Zimbabwean telecoms mogul Strive Masiyiwa joined the anti-sanctions lobby highlighting that no country could prosper with "its hands tied at the back".The impact of sanctions...Published: 20 Aug 2021 at 07:15hrs | 7 | by Eben Mabunda
Scammers steal $500 000 from ZB Bank accountholder
TWO Harare scammers appeared at the Harare Magistrate Court facing fraud charges after they stole $573 525 from an unsuspecting ZB Bank accountholder.Graduate Kanengoni (21) of 5450 Glen Norah...Published: 06 Aug 2021 at 08:04hrs | 1 | by Staff reporter
Mnangagwa ally Tagwirei donates US$5,5m to govt
PRESIDENT Emmerson Mnangagwa's ally, Kudakwashe Tagwirei's Sakunda Holdings yesterday donated US$5,5 million in cash and equipment to government to help improve people's livelihoods during the COVID-1...Published: 17 Jul 2021 at 07:58hrs | | by Staff reporter
Sakunda donates 5 million to Government
Sakunda Holdings has donated US $5,5 million in cash and equipment to Government as the private company seeks to complement President Mnangagwa's efforts in improving people's livelihoods in light of ...Published: 16 Jul 2021 at 17:22hrs | 15 | by Simbarashe Sithole
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