Search / Acquisition
Lawyer sucked into business executives' property dispute
A PROMINENT Harare lawyer, Mr Nikita Madya, is caught up in a storm of controversy over shares and property involving two local business executives Messrs Raymond Chigogwana and Senziwani Sikhosana....Published: 27 Sep 2023 at 06:10hrs | 440 | by Staff eporter
Zimstat boss arrested by ZACC over fraud
Taguma Mahonde, the Director General of Zimbabwe's National Statistics Agency (Zimstat), finds himself in legal trouble as he has been apprehended by the Zimbabwe Anti-Corruption Commission (ZACC) on ...Published: 26 Sep 2023 at 19:30hrs | 1305 | by Staff reporter
Be your own employers, graduates told
Graduates now have the opportunity to start new industries and companies through the Government's graduate employment creation and development programme and should shake off the attitude that they nee...Published: 18 Sep 2023 at 06:58hrs | 235 | by Staff reporter
CBZ close to ZB takeover
CBZ Holdings Limited (CBZHL) is on the verge of acquiring a controlling stake in ZB Financial Holdings Limited (ZBFHL) as part of its strategy to become a significant player in the financial services ...Published: 14 Sep 2023 at 06:34hrs | 759 | by Staff reporter
High Court stops Zimbabwe's lands minister from grabbing farm
The High Court has intervened to halt the lands ministry's efforts to seize a 50-hectare farm in Mount Hampden from a man who has held ownership since 1981.The government had officially design...Published: 12 Sep 2023 at 20:17hrs | 2740 | by Staff reporter
Zimbabwe Defence Forces 'a vital cog in growth drive'
The Zimbabwe Defence Forces are a vital cog in the ongoing national socio-economic modernisation and development of the country and Government will continue to capacitate its service personnel through...Published: 16 Aug 2023 at 06:38hrs | 5 | by Staff reporter
3 600 stands for Zanu-PF youths
FAMILIES of six Zanu-PF Chipinge youths who died in a road accident six years ago are set to be among beneficiaries of 3 600 housing stands at Reitvlei Farm in Chipinge district, a scheme founded by t...Published: 14 Aug 2023 at 06:30hrs | 4 | by Staff reporter
Chivayo shows off hired jet
THE flamboyant businessman who shot to fame after clinching a controversial multimillion-dollar solar deal with national power utility, Zesa Holdings about five years ago this week showed off an expen...Published: 11 Aug 2023 at 18:36hrs | 10 | by Staff reporter
Chamisa's supporters burn 10 Zanu-PF houses?
THE Shurugwi arson case in which 10 houses were burnt has taken a new twist, with police identifying the victims as ruling Zanu-PF supporters.This follows a statement by President Emmerson Mna...Published: 04 Aug 2023 at 06:41hrs | 3 | by Staff reporter
Kasukuwere vows to bring 'closure' to emotive Gukurahundi issue
Former Zanu-PF political commissar and CIO driver under the late strongman Robert Mugabe's regime, and now independent presidential candidate, Saviour Kasukuwere intends to address the thorny Gukurahu...Published: 27 Jul 2023 at 06:40hrs | 4 | by Staff reporter
'Gukurahundi was planned before Zimbabwe independence'
Former Co-Minister of National Healing and Integration, Moses Mzila Ndlovu, believes the Gukurahundi genocide that killed over 20 000 people in Matebeleland and Midlands was planned before independenc...Published: 26 Jul 2023 at 20:10hrs | 3 | by Staff reporter
Ex-Zinara boss loses houses, cars
FORMER Zimbabwe National Road Administration (Zinara) chief executive Frank Chitukutuku and his wife Nyasha, have lost their two upmarket houses, a fleet of vehicles and shares in two businesses belie...Published: 26 Jul 2023 at 06:37hrs | 4 | by Staff reporter
Zimbabwe's political landscape: Analising the past to shape a better future
As I sit here on this quiet Sunday, my mind is filled with reflections on the intricate political landscape that has shaped Zimbabwe. It is a landscape marred by years of tumultuous struggles, triumph...Published: 23 Jul 2023 at 08:42hrs | 3 | by Kumbirai Thierry Nhamo
Zimbabwe sugar estates to be sold to Tanzania's Kagera Sugar
South Africa's Tongaat Hulett is to sell its sugar estates, including those in Zimbabwe, to Kagera Sugar, one of East Africa's largest sugar producers.This is part of a plan to rescue Tongaat ...Published: 21 Jul 2023 at 18:23hrs | 8 | 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 | 11 | by Staff reporter
New technology used in gaming
The video game industry has been growing and adapting for decades thanks to the availability of new gaming platforms and other technological innovations.Even though many of these fads didn't l...Published: 10 Jul 2023 at 08:12hrs | 13 | by Staff Reporter
China intensifies lithium interest in Zimbabwe
CHINA has accounted for more than half of investment licences issued by Zimbabwean authorities during the first quarter of the year amid a boom in global demand for lithium as commercial and domestic ...Published: 09 Jul 2023 at 14:25hrs | | by Staff reporter
MDC councillors plot to rip off Gweru
ACTING Gweru district development coordinator Tarisai Mudadigwa has written a letter to acting town clerk Livingston Churu, ordering him to stop plans by councillors from the Douglas Mwonzora-led MDC-...Published: 09 Jul 2023 at 14:23hrs | 4 | by Staff reporter
Edd Branson Group Drives African Trade Financing with Swiss Asset Firm Acquisition
Afri-USA Business Initiative, led by Dr. Edd Branson, has made a noteworthy move in the world of trade financing in Africa. The influential president of the organization recently completed the acquisi...Published: 07 Jul 2023 at 14:27hrs | 9 | by Mandla Ndlovu
Zimbabwe unleashes crack police team to deal with poll violence
Police have set up an Elections Committee and Special Investigations Teams countrywide to deal with political violence ahead of next month's harmonised elections.So far, about 83 percent of po...Published: 07 Jul 2023 at 07:37hrs | | by Staff reporter
Half of BCC's vehicle fleet needs replacing
More than half of the Bulawayo City Council (BCC) vehicle and plant fleet is obsolete and needs replacing.The local authority has a fleet of 336 vehicles and plant of which 51% has outlived it...Published: 22 Jun 2023 at 18:23hrs | 1 | by Staff reporter
Half of Zimbabwe's urban population are lodgers - report
Zimbabweans continue facing an acute shortage of affordable housing options amid indications that at least half of the country's urban population lives in rented accommodation.This is accordin...Published: 19 Jun 2023 at 18:12hrs | 3 | by Staff reporter
Zimbabwe launches expiring driver's licence disc
Government has finally launched the new standard plastic driver's licence linked to a database that will replace the metal licences.The new Zimbabwean licence will be scannable and meet the in...Published: 19 Jun 2023 at 12:36hrs | 110 | by Staff reporter
Mhona in driver's licence scam
TRANSPORT and Infrastructural Development minister Felix Mhona has been sucked into a driver's licence scam where villagers from his constituency were reportedly overcharged to obtain provisional driv...Published: 19 Jun 2023 at 06:47hrs | | by Staff reporter
Innscor splashes US$109m on expansion projects
INNSCOR Africa Limited has spent about US$109 million in expansion projects in the country, including building new stockfeed mills and a state-of-the-art bakery in Bulawayo.Innscor group chief...Published: 18 Jun 2023 at 08:41hrs | | by Staff reporter
ToThe Zimbabwe Security Exchange Commission (SEC)
Zimbabwe has a relatively well-developed digital economy with nine financial institutions listed on the Zimbabwe Stock Exchange (ZSE). With the introduction of the Cyber Security and the Data Protecti...Published: 17 Jun 2023 at 07:29hrs | 3 | by Jacob Kudzayi Mutisi
Zisco set to start mining operations
THE Zimbabwe Iron and Steel Company (Zisco) intends to start mining limestone and iron ore near Kwekwe by the end of this year as part of the preparatory groundwork to revive the defunct former steel ...Published: 16 Jun 2023 at 09:45hrs | | by Staff reporter
Zimbabwe driver's licences to expire after 5 years
THE Ministry of Transport and Infrastructural Development (MoTiD) has said metal licences will be phased out in due course as part of the measures of introducing the new SADC complainant licence....Published: 15 Jun 2023 at 20:59hrs | 238 | by Staff reporter
Great Dyke platinum project well on course
EXPLORATION and feasibility studies are complete at the new platinum mine owned by Great Dyke Investments in Darwendale and production is due to start soon with the mine expected to yield 1,36 million...Published: 12 Jun 2023 at 06:23hrs | | by Staff reporter
Zimbabwe's FBC Holdings acquires Standard Chartered Bank's business portfolio
Zimbabwe's FBC Holdings Limited and Standard Chartered Bank have reached an agreement for the acquisition of the latter's business portfolio in the country, subject to regulatory approval by the Reser...Published: 08 Jun 2023 at 18:04hrs | 3 | by Staff reporter
Chivayo imports US$3.5 million super cars, mystery over new fortune
A new fleet of luxury cars imported by controversial businessman Wicknell Chivayo is turning heads in Harare.In a four-week period in April and May, Chivayo imported four brand new Rolls Royce...Published: 06 Jun 2023 at 19:59hrs | 7 | by Staff reporter
WATCH: Mthuli Ncube's 'smart city' vision takes shape - Cowdray Park road rehab in full swing
PARTS of Cowdray Park suburb in Bulawayo that had until recently been declared no go areas by kombi and Zupco operators are now once again being graced by vehicular traffic, following the grading of r...Published: 04 Jun 2023 at 08:22hrs | 2 | by Staff Reporter
Mnangagwa govt failure to curb graft stalling development
OPPOSITION United Movement for Devolution (UMD) leader Lovemore Moyo has accused government of failing to deal with corruption saying graft has hindered financing of development projects.Moyo ...Published: 30 May 2023 at 06:50hrs | | by Staff reporter
Mnangagwa in spotlight over the massive Nssa corruption
THE National Social Security Authority (Nssa) has presented its forensic audit which unearths corruption and names individuals implicated in the pensions fund's latest scandals to the Office of the Pr...Published: 22 May 2023 at 08:11hrs | 4 | by Staff reporter
Russian helicopters deal needs close scrutiny
The penchant for wasteful expenditure by President Emmerson Mnangagwa's government went a notch higher last week with the delivery of 32 helicopters from Russia in a deal said to be worth $320 million...Published: 21 May 2023 at 08:12hrs | 1 | by Staff reporter
When the devil has colonised the pulpit
The ever-known spirit and will to excell in academic studies has left most school children, both at primary and secondary levels. The 'tiger' in them to succeed has never shown its head save f...Published: 16 May 2023 at 17:35hrs | 3 | by TT Murisa
Zimbabwe eyes Egyptian medicine
Zimbabwe has taken steps to formalise acquisition of cheaper medicines from Egypt after a Memorandum of Understanding (MoU) signed in Harare Friday between the two African countries' medicines regulat...Published: 13 May 2023 at 18:26hrs | | by Staff reporter
Zimbabwean 'mbingas' flashy lifestyles reflect a corrupt economy
So, another so-called mbinga (wealthy person) in Zimbabwe has been active once again, on social media flaunting his latest acquisitions.This time around, he bought himself the latest Maybach B...Published: 12 May 2023 at 06:22hrs | | by Tendai Mbofana
Biti blasts Mnangagwa
OPPOSITION legislator Tendai Biti has blasted President Emmerson Mnangagwa for attempting a constitutional coup with a bizarre general notice hiding procurement processes in the Health ministry....Published: 12 May 2023 at 06:06hrs | 2 | by Staff reporter
Zimbabwe's lithium revenues poised to exceed expectations
THE growing global demand for lithium — a mineral which is critical in the manufacture of batteries that power electric vehicles, among other renewable energy products — as well as continuing mult...Published: 07 May 2023 at 07:44hrs | | by Staff reporter
Air Zimbabwe boss bullish after shock return
AIR Zimbabwe (AirZim) acting chief executive officer (CEO) Edmund Makona this week opened up about his plan for the troubled carrier, saying a massive revamp would be underway soon to save the busines...Published: 06 May 2023 at 06:36hrs | | by Staff reporter
Home Affairs secretary in meddling storm
HOME Affairs permanent secretary Gerald Gwinji has been accused of meddling in a case where he made attempts to summon his counterpart, secretary for Local Government ministry Zvinechimwe Churu, on be...Published: 05 May 2023 at 06:20hrs | | by Staff reporter
Caledonia starts direct sale of gold outside Zimbabwe
MULTI-ASSET gold producer Caledonia Mining Corporation has commenced the direct sale of gold produced from Blanket Mine — its flagship operation — to a refiner outside Zimbabwe, NewsDay Business c...Published: 05 May 2023 at 06:20hrs | | by Staff reporter
Govt pledges 8 borehole drilling rigs for Matebelelabd North
MATEBELELAND North province is expected to receive eight borehole drilling rigs as part of President Emmerson Mnangagwa's efforts to curb water shortages in the region, Provincial Affairs and Devoluti...Published: 04 May 2023 at 06:11hrs | | by Staff reporter
Bona Mugabe is Harare's true rich aunt
"One man one farm" was a Mugabe mantra for the longest time after the fast-track land reform programme that took land from around 4000 white former farmers into the hands of thousands of landless blac...Published: 03 May 2023 at 21:50hrs | 1 | by Josiah Mucharowana in Pretoria
Nationwide registration blitz underway
THE Civil Registry Department has started a nationwide registration exercise that will see more people being issued with national identity documents to enable them to register to vote ahead of this ye...Published: 03 May 2023 at 06:05hrs | | by Staff reporter
Uproar over Mnangagwa's US$54m jet
ZIMBABWEANS have angrily reacted to reports that President Emmerson Mnangagwa has acquired a US$54 million presidential jet — a Dassault Falcon 7X , at a time the majority of the population is wallo...Published: 01 May 2023 at 08:11hrs | 2 | by Staff reporter
Mnangagwa buys swanky US$54 million presidential jet
President Emmerson Mnangagwa has taken delivery of a US$54 million presidential jet - a Dassault Falcon 7X, ZimLive reported.The aircraft was delivered in March, but it was not put into servic...Published: 28 Apr 2023 at 19:01hrs | 12 | by Mduduzi Mathuthu
Corrupt US$400m deal morphs into political fix
The controversial deal to get state-run Zimbabwe Consolidated Diamond Corporation (ZCDC) to acquire a 33% shareholding in Great Dyke Investment (GDI) for US$400 million has taken a political turn, wit...Published: 14 Apr 2023 at 19:46hrs | 2 | by Staff reporter
Zimra commits US$2,4 million to anti-smuggling equipment
THE Zimbabwe Revenue Authority (Zimra) has committed a total of US$2,4 million on the acquisition of hit-tech equipment to enhance security at the country's ports of entry to curb crimes such as smugg...Published: 14 Apr 2023 at 07:33hrs | | by Staff reporter
Load More Stories
