Search / Assets
Bank closes Donald Trump's accounts
A Florida bank announced Thursday that it has closed down former President Trump’s account, joining a growing list of entities that have cut ties with the former president following the deadly Jan. ...Published: 17 hrs ago | 6856 | by Staff reporter
Boardroom war rocks GMB
A VICIOUS boardroom war has erupted at the Grain Marketing Board (GMB) where top managers have either been fired or suspended and stripped of their luxury benefits.Following a messy fall-out b...Published: 18 hrs ago | 1863 | by Staff reporter
Consortium secretly inspects CSC assets
FRESH details have emerged revealing how a consortium of local industrialists and companies - CSC (2016) - is angling to take over the defunct Cold Storage Company (CSC) through a US$225 million bid....Published: 18 hrs ago | 867 | by Staff reporter
Zisco pensioners getting $25 per month
FORMER employees of the now-defunct Zimbabwe Iron and Steel Company (Zisco) are being paid $25 per month as pension on retirement, NewsDay reported.The pensioners who spoke to NewsDay said the...Published: 18 hrs ago | 382 | by Staff reporter
Bosso unwilling to let Muduhwa go for free
A MAJORITY of social media users who responded to a Twitter poll ran by Chronicle voted in favour of Highlanders FC allowing defender Peter Muduhwa to join Tanzanian champions Simba SC on a free four-...Published: 18 hrs ago | 217 | by Staff reporter
Ginimbi's empire is crumbling
The late socialite and businessman Genius "Ginimbi" Kadungure's Botswana empire is crumbling after the neighbouring country's Energy Regulatory Authority (BERA) ordered the closure of his Quick Gases ...Published: 21 Jan 2021 at 06:56hrs | 11770 | by Staff reporter
Inauguration exclusion for Mnangagwa! so what?
Zimbabwean President Emmerson Mnangagwa will not attend this week's inauguration of U.S. President Joe Biden, the invitation list did not include the president of Zimbabwe. It must be clear to an...Published: 19 Jan 2021 at 09:05hrs | 4206 | by Dr Masimba Mavaza
IPEC to deregister four brokers
The Insurance and Pension Commission (IPEC) is in the process of cancelling registration certificates for four insurance brokers following their breach of regulatory requirements. In its Short...Published: 19 Jan 2021 at 07:19hrs | 492 | by Staff reporter
Zimbabwe mineral exports surpass target
Zimbabwe's mineral exports, excluding gold and silver, for the year 2020 surged by 27 percent, earning the country US$2,4 billion, the Minerals and Marketing Authority of Zimbabwe (MMCZ) has said. ...Published: 18 Jan 2021 at 05:50hrs | 216 | by Staff reporter
Mnangagwa not invited to Joe Biden's inauguration
Zimbabwean dictator Emmerson Mnangagwa will not attend next week's inauguration of U.S. President Joe Biden, a list of guests seen by 7NN shows.Mnangagwa has been excluded from the proceedings...Published: 16 Jan 2021 at 19:09hrs | 4525 | by Staff reporter
Zimbabwe regime getting taste of own medicine, and shouldn't mourn about US 'hypocritical' bullying
If ever there were profound lessons life has taught me, these are that, 'we reap what we sow', 'what goes around, eventually comes around', and that 'poetic justice' is never far away from those who b...Published: 15 Jan 2021 at 08:03hrs | 979 | by Tendai Ruben Mbofana
Steer clear of loan sharks
"Sir, if those assets just decrease by 25% and they remain on our books, that loss will be greater than the entire market capitalisation of this company," said a young risk analyst named Peter Sulliva...Published: 15 Jan 2021 at 07:48hrs | 410 | by Batanai Matsika
Army-linked Anjin grabs richest diamond claim
AN army-linked miner, Anjin Investments (Pvt) Ltd, grabbed the most lucrative diamond claim in Marange from a firm owned by the government after being relicensed under unclear circumstances, it has em...Published: 15 Jan 2021 at 07:47hrs | 1109 | by Kenneth Matimaire
Local firms vie for CSC
A CONSORTIUM of local companies and industrialists are seeking to seize a 75% stake in the defunct Cold Storage Company (CSC) after tabling a US$225 million investment proposal to the government....Published: 15 Jan 2021 at 07:46hrs | 765 | by Staff reporter
Landela buying spree raises stink
PRESIDENT Emmerson Mnangagwa marked his triumphal entry into the citadel of power in 2017 by declaring that he would open the country up for business, thus promising a departure from the ruinous polic...Published: 15 Jan 2021 at 07:37hrs | 880 | by Cliff Chiduku
Chin'ono denied bail
JOURNALIST Hopewell Chin'ono has been denied bail by Harare magistrate Lazini Ncube.Magistrate Ncube said there is overwhelming evidence against Chin'ono on a charge of communicating falsehood...Published: 14 Jan 2021 at 11:26hrs | 734 | by Staff reporter
Bulawayo residents demand transparency in awarding tenders
THE Bulawayo Progressive Residents Association (BPRA) has demanded that the Bulawayo City Council (BCC) must explain the rationale behind the awarding of a tender to three contractors to develop housi...Published: 14 Jan 2021 at 07:56hrs | 310 | by Staff reporter
How to kill a country
Nearly forty years ago Ian Smith, the Prime Minister of Rhodesia, became the first and only white colonial ruler to break away from the British Crown. He had tired of London's nagging about the subjug...Published: 13 Jan 2021 at 16:49hrs | 2518 | by Samantha Power
Varun opens new production line
VARUN Beverages Zimbabwe Private Limited (VBZPL) has commissioned a new production line to ramp up production of its Aquaclear bottled mineral water.VBZPL is a subsidiary of the Indian headqua...Published: 10 Jan 2021 at 20:58hrs | 1003 | by Staff reporter
Kuvimba: How to hide a mining giant in plain sight
A year ago, Kuvimba Mining House did not exist. now it could be the country's biggest gold producer.How? The answer shows how transparency is still not a thing for Zimbabwean authorities....Published: 10 Jan 2021 at 08:10hrs | 1532 | by Staff reporter
Mnangagwa's govt failed to consult over lockdown, says Veritas
LEGAL think-tank Veritas says the government did not give transport operators, vendors and representatives of commerce and industry time to prepare for new covid-19 measures amid worsening macroeconom...Published: 10 Jan 2021 at 07:44hrs | 262 | by Staff reporter
Auditor-General exposes CSC rot
A NUMBER of Cold Storage Company (CSC) senior managers did not have relevant qualifications to drive the turnaround of the company with one line manager exposed as only having an Advanced Level certif...Published: 09 Jan 2021 at 18:37hrs | 2424 | by Staff reporter
Iran's supreme leader bans Covid-19 vaccines from UK, US
Iran's Supreme Leader Ali Khamenei has prohibited imports of Covid-19 vaccines from the United States and the United Kingdom. In a televised speech yesterday, the supreme leader said he has no...Published: 09 Jan 2021 at 07:50hrs | 1728 | by Staff reporter
Anti-graft crack team seizes $2 billion assets
A CRACK team made up of the Zimbabwe Anti-Corruption Commission (Zacc), the National Prosecuting Authority (NPA) and the Reserve Bank of Zimbabwe (RBZ) has seized luxury homes and top-end vehicles wor...Published: 08 Jan 2021 at 07:53hrs | 1552 | by Staff reporter
Zimbabwe to fund white farmers' compensation with mine revenue
Zimbabwe plans to use profits from a mining venture to help settle a $3.5 billion compensation claim from white farmers and settle a two-decade dispute that's soured the country's relations with Weste...Published: 07 Jan 2021 at 18:44hrs | 1085 | by Staff reporter
Australian owned gold mines acquired by Kuvimba mining
Finance and Economic Development Minister Professor Mthuli Ncube said the government has given Kuvimba Mining House the nod to acquire Globe and Phoenix Gold Mine and other associated mines owned by a...Published: 07 Jan 2021 at 13:51hrs | 1393 | by Simbarashe Mwandipendaa
Zacc surpasses targets?
The Zimbabwe Anti-Corruption Commission (ZACC) is working on a higher target of cases to be investigated this year in its fight against corruption, amid indications it surpassed its target of 80 docke...Published: 06 Jan 2021 at 06:50hrs | 174 | by Staff reporter
Kuvimba Mining to raise US$1 billion, eyes VFEX listing
Kuvimba Mining House, the newly created mining company, will seek to raise US$1 billion to recapitalise its assets, which it hopes will generate an ambitious US$1.5 billion per annum by 2023. ...Published: 05 Jan 2021 at 18:27hrs | 1099 | by Staff reporter
High inflation drives cost of living
USAID food security arm, FEWS NET, says the cost of living in rural and urban areas continues to increase mainly driven by high inflation. In FEWS NET's December 2020 report, the food security organis...Published: 03 Jan 2021 at 07:43hrs | 435 | by Staff reporter
A bad-bye to a bad year
Arsenal's emphatic win over Chelsea at the Emirates stadium on Boxing day lifted my spirits in a tenuous and gloomy year in which the despondent people of this country were boxed down mainly by the tw...Published: 01 Jan 2021 at 19:08hrs | 200 | by Luke Tamborinyoka
Chaotic MDC-T congress spells doom for opposition
THIS week's chaotic MDC-T extraordinary congress which was controversially won by party secretary-general Douglas Mwonzora against rivals Thokozani Khupe, Elias Mudzuri and Morgan Komichi dealt the op...Published: 31 Dec 2020 at 11:06hrs | 925 | by Staff reporter
Big brands troop into Victoria Falls facility
A STRING of the country's big brands, including fast food outlets, has stampeded into Zimre Property Investments' Sawanga Mall in Victoria Falls, helping the top end real estate gem notch 95% occupanc...Published: 28 Dec 2020 at 07:32hrs | 1211 | by Staff reporter
Managers swindle $100,000 from CSC
THE Cold Storage Commission (CSC) in 2012 lost nearly US$100 000 when four senior managers purchased 7 company vehicles at undervalued prices, in the process violating their conditions of service and ...Published: 28 Dec 2020 at 07:27hrs | 885 | by Staff reporter
Walk Cyclone Chalane Preparedness Talk - Nomboka urges Zimbabwe govt
Shadow MP for Mondoro-Ngezi, Mr Kurebwa Javangwe Nomboka has urged the government of Zimbabwe to take serious disaster-preparedness measures amid the gathering of momentum of the Cyclone Chalane....Published: 26 Dec 2020 at 15:39hrs | 1868 | by Maxwell Teedzai
MDC-T presidency in my bag, says Mwonzora
MDC-T interim secretary-general Douglas Mwonzora says he is confident of winning the presidency of the party at the extraordinary congress to be held this Sunday. The MDC-T is set to hold its ...Published: 23 Dec 2020 at 07:24hrs | 4703 | by Staff reporter
John Nkomo, Msika feast on CSC from the grave
THE late Vice-Presidents John Landa Nkomo and Joseph Msika are some of the beneficiaries of "questionable" long-term Cold Storage Commission (CSC) lease agreements beyond the company's specified tenur...Published: 23 Dec 2020 at 07:12hrs | 1764 | by Staff reporter
Can the South African Rand Hold its Position Against the Greenback?
The South African rand remains one of the poster boys for emerging currencies across the globe, and like many of its contemporaries it has experienced a highly turbulent 2020.For example, the ...Published: 22 Dec 2020 at 17:22hrs | 1374 | by Staff writer
'Demand Arrest Of Chicken Thieves Not Wildlife Poachers' - Animal Rights Tell Africans
One of the most curious and harmful lessons that Western animal rights groups continue to teach African rural communities co-existing with wildlife and the African public, in general, is 'demand the a...Published: 22 Dec 2020 at 12:54hrs | 1309 | by Emmanuel Koro
Govt bans mine pegging in reserved areas
GOVERNMENT has banned the issuance of special mining grants in reserved areas, effectively shutting the door on prospecting in contentious areas.The announcement was made last week in an inter...Published: 21 Dec 2020 at 06:25hrs | 205 | by Staff reporter
RBZ to crack whip on auction abusers
THE Reserve Bank of Zimbabwe (RBZ) says it will request the Financial Intelligence Unit (FIU) to close bank accounts of business entities that are pricing using exchange rates not linked to the ruling...Published: 21 Dec 2020 at 06:14hrs | 172 | by Staff reporter
Zimbabwe banks weather the storm
ZIMBABWE'S banking institutions remained profitable during the year ended December 2019, reporting net income of $6,4 billion, an improvement from $389,9 million reported during the corresponding peri...Published: 20 Dec 2020 at 07:04hrs | 187 | by Staff reporter
Minister Chitando dragged to court for 'grabbing' 8 gold claims
MINES Minister Winston Chitando is caught up in a controversial saga with a local businessman Yakub Ibrahim Mahomed who is accusing the senior government official of seizing eight "juicy" gold rich mi...Published: 20 Dec 2020 at 06:36hrs | 239 | by Staff reporter
Spooks investigate US$45m CAPS deal
ZIMBABWE's state security service, the Central Intelligence Organisation (CIO), is investigating a volatile commercial dispute that has erupted between the government and interim trustees of Caps Phar...Published: 19 Dec 2020 at 16:38hrs | 1253 | by Staff reporter
Mnangagwa disapproves the Nehanda statue
A controversial statue of Mbuya Nehanda which became a butt of jokes, literally, has been rejected by President Emmerson Mnangagwa.The bronze statue by artist David Mutasa portrayed a youngish...Published: 19 Dec 2020 at 05:39hrs | 3489 | by Staff reporter
How South Africa can nudge Zimbabwe toward stability
What's new? As Zimbabwe's political and economic crises worsen, South Africa is moving beyond its policy of "quiet diplomacy" with its northern neighbour and applying more pressure on Harare to open...Published: 18 Dec 2020 at 06:42hrs | 1946 | by crisisgroup
Bhebhe suffers blow
A BID by former MDC organising secretary Abednico Bhebhe to stop the Thokozani Khupe-led MDC-T party from holding its extraordinary congress on Saturday was dealt a blow yesterday after the High Court...Published: 17 Dec 2020 at 07:02hrs | 1376 | by Staff reporter
Shiri's US$2 million cash tears family
The late Agriculture Minister Perrance Shiri left behind US$2.6 million in cash as well as a house in South Africa. This is in addition to other assets, which include a house in Borrowdale, a ...Published: 16 Dec 2020 at 07:04hrs | 5999 | by Staff reporter
King 98 lightens up Xmas with Tanzanian connection
Zimbabwean rapper, King 98 has teamed up with two Tanzanian music sensations, Juma Jux and Shebby Medicine to lighten up the festive mood with an explosive hit song, Jogodo which is a fusion of Afro-p...Published: 15 Dec 2020 at 14:47hrs | 257 | by Simbarashe Mwandipendaa
Ratepayers act against council graft
Harare ratepayers have petitioned Parliament over the tightening of laws to curb corruption in municipalities following a spate of arrests of council officials in the capital on accusations of corrupt...Published: 14 Dec 2020 at 09:59hrs | 1112 | by Staff reporter
Perrance Shiri estate: Family demands DNA tests
Some relatives of the late national hero Air Chief Marshal Perrance Shiri have requested DNA tests for some of his children despite them having birth certificates. According to some children, ...Published: 14 Dec 2020 at 07:09hrs | 899 | by Staff reporter
Load More Stories
